Overview
What is Welfare Benefits Funding Plan For Employees Of Temple University?
The Welfare Benefits Funding Plan for Employees of Temple University is a 501(c)(9) trust, established to provide medical and welfare benefits to eligible employees, retirees, and their dependents at Temple University. This nonprofit organization, located at 1805 North Broad Street, Wachman Hall 1108, Philadelphia, PA 19122, primarily manages two funds: the Welfare Benefits Trust Fund and the Post-Retirement Trust Fund. The former offers long-term disability benefits to specific Temple University and Temple University Health System employees, while the latter provides medical and prescription drug coverage for eligible retirees from these institutions. The plan typically covers the majority of its members under various insurance programs.
Official website here: www.none
Is Welfare Benefits Funding Plan For Employees Of Temple University legitimate?
Welfare Benefits Funding Plan For Employees Of Temple University is a legitimate nonprofit organization registered as a 501(c)(9) entity. Welfare Benefits Funding Plan For Employees Of Temple University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.none
What is the mission statement of Welfare Benefits Funding Plan For Employees Of Temple University?
The Welfare Benefits Funding Plan for Employees of Temple University is a non-profit organization with a mission to provide long-term disability benefits to eligible employees of Temple University and Temple University Health System, as well as medical and prescription drug coverage for their retired counterparts. This 501(c)(9) trust is dedicated to supporting the well-being of its beneficiaries, which includes Temple University employees, their retirees, and their respective beneficiaries. The organization's primary goal is to ensure financial security and healthcare coverage during times of disability or post-retirement, thereby enhancing the overall quality of life for its members.
Official website here: www.none
Who is the CEO of Welfare Benefits Funding Plan For Employees Of Temple University?
Unavailable
Official website here: www.none
What is the revenue of Welfare Benefits Funding Plan For Employees Of Temple University?
Welfare Benefits Funding Plan For Employees Of Temple University's revenue in 2022 was -$3,203,126.
Official website here: www.none
Who are the executives of Welfare Benefits Funding Plan For Employees Of Temple University and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Welfare Benefits Funding Plan For Employees Of Temple University
The Welfare Benefits Funding Plan for Employees of Temple University is a charitable trust, classified under section 501(c)(9), dedicated to offering medical and welfare benefits to the employees, retirees, and their beneficiaries of Temple University and the Temple University Health System. This organization has two primary funds: the Welfare Benefits Trust Fund and the Post-Retirement Trust Fund. The former provides long-term disability benefits to eligible employees of Temple University and Temple University Health System, while the latter offers medical and prescription drug coverage to retired employees from the same entities. By offering these benefits, the Welfare Benefits Funding Plan for Employees of Temple University aims to support and enhance the well-being of its members, providing a safety net for their medical needs and financial security during periods of disability or retirement.
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Impact
October, 2024
The Welfare Benefits Funding Plan for Employees of Temple University significantly impacts the well-being of its participants, including employees, retirees, and their beneficiaries. By providing medical and welfare benefits, the plan ensures that eligible individuals have access to essential healthcare services and financial protection, especially in times of need.
The program's dual focus on long-term disability and post-retirement benefits allows employees to maintain a level of security throughout their careers and into retirement. This not only enhances the quality of life for participants but also promotes employee satisfaction and retention within the university.
Furthermore, by covering a majority of individuals under its trust, the plan fosters a sense of community and mutual support among employees and retirees. Access to medical and prescription drug coverage is crucial, particularly for those who may face significant health challenges later in life. Overall, the Welfare Benefits Funding Plan serves as a vital safety net that positively influences the financial stability and health of Temple University employees and their families.
This information is meant to be a general summary of Welfare Benefits Funding Plan For Employees Of Temple University. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,387,969
- Program Service Revenue: $13,027,210
- Gross Receipts: $319,214,463
Assets and Liabilities:
- Total Assets: $364,313,980
- Total Liabilities: $0
- Net Assets: $364,313,980
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$11,643,001
Employee Contributions
Revenue
$1,384,209
Organization Details
Founding Year
1994
Phone
(215) 204-7366Main Address
1805 North Broad Wachman Hall 1108, Philadelphia, PA, 191226094
Website
www.noneNTEE Category
Code: Y40 - Mutual benefit
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