Pennsylvania Trust

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 232254420 ✦ Milton, PA ✦ Designated as a 501(c)(9)

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Overview

What is Pennsylvania Trust?

The Pennsylvania Trust, established by certain public school employee health and welfare trusts, is a nonprofit organization based in Milton, Pennsylvania. It acts as a conduit for the purchase of stop loss insurance for approximately 27,428 employees covered by eight member trusts. The Trust also facilitates a life insurance plan, with two participating member trusts. Its primary mission is to enable the provision and payment of accident or sickness benefits to employees and their dependents.

What are the reviews and ratings of this charity?

Pennsylvania Trust currently lacks a rating on Charity Navigator. This absence is primarily due to its non-501(c)(3) status, which makes it ineligible for ratings that require Accountability & Finance or Impact & Measurement beacons. As such, the organization's current standing on Charity Navigator remains neutral, reflecting only that it has not undergone a full evaluation rather than a judgment on its practices.

The organization stands as an independent body, but its exact operational metrics, including total revenue, expenses, and the salary of key personnel, are not available. Although data sources such as IRS Forms 990 are accessible, they fall short of meeting the standard evaluation criteria required for a Charity Navigator rating. Consequently, its structure and financial handling remain unexplored through this particular platform.

No user reviews are available on GreatNonprofits, leaving a gap in community feedback that would typically provide insights into the organization's impact and service reputation. Without this input, a comprehensive understanding from the community’s perspective is missing, which often helps in evaluating a nonprofit's direct influence and service quality.


This AI summary has been generated from information found on Charity Navigator.

Is Pennsylvania Trust legitimate?

Pennsylvania Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pennsylvania Trust 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

For more financial information, click here

What is the mission statement of Pennsylvania Trust?

The Pennsylvania Trust was established by certain public school employee health and welfare trusts with the primary objective of facilitating the provision and payment of accident or sickness benefits to employees and their dependents. The Trust serves as a conduit for the purchase of stop loss insurance for eight participating member employee benefit trusts, collectively covering approximately 27,428 employees. In addition, it acts as a conduit for a life insurance plan, with two participating member trusts.

Who is the CEO of Pennsylvania Trust?

Jared Lehman is the Trustee of Pennsylvania Trust.

What is the revenue of Pennsylvania Trust?

Pennsylvania Trust's revenue in 2022 was $47,993,677.

Who are the executives of Pennsylvania Trust and what are their salaries?


Here are 24 key members and their salaries:


Paul Eaken (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Netznik (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Salen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Gober (Vice Chairpe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Male (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Bean (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Simpson (Alternate Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Caruso (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Snyder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Hummel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hans Baltzersen (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Stuart Whiteleather (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Arnold (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Vanbuskirk (Alternate Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Schuj (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Hain (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristee Reichard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Grella (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Grevera (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Russo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Hauck (Alternate Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brittany Doyle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Ligenza (Alternate Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Lehman (Trust Mgr/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pennsylvania Trust?

Pennsylvania Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pennsylvania Trust

Pennsylvania Trust, a collective endeavor formed by several public school employee health and welfare trusts, is geared towards facilitating the provision and payment of accident or sickness benefits to employees and their dependents. The Trust serves as a conduit for the purchase of stop loss insurance for eight participating member trusts, collectively covering approximately 27,428 employees. In addition to this, Pennsylvania Trust also functions as a conduit for a life insurance plan, with two participating member trusts.

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Impact




October, 2024

Pennsylvania Trust plays a crucial role in supporting public school employees in Pennsylvania by facilitating access to essential health and welfare benefits. By acting as a conduit for the purchase of stop-loss insurance, it ensures that approximately 27,428 employees and their dependents can receive comprehensive coverage for accident or sickness-related expenses.

Additionally, Pennsylvania Trust provides a structured approach to life insurance plans, involving two participating member trusts. This enables school employees to have greater security and peace of mind regarding their health and wellbeing, effectively contributing to the overall stability of the workforce. The trust's operations help mitigate the financial burden on individual employees, allowing them to focus more on their roles within the education sector and less on the uncertainties of medical expenses.




This information is meant to be a general summary of Pennsylvania Trust. 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.

Revenue
$47,993,677 (2022)
Expenses
$47,803,429 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $18,950
  • Program Service Revenue: $47,974,727
  • Gross Receipts: $47,993,677

Assets and Liabilities:

  • Total Assets: $29,915,680
  • Total Liabilities: $23,225,219
  • Net Assets: $6,690,461

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$47,974,727

Organization Details

Founding Year

1983

Principal Officer

Jared Lehman

Main Address

90 LAWTON LANE, MILTON, PA, 178479756

NTEE Category

Code: Y40 - Mutual benefit

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