Overview
What is Benefit Fund For Hospital And?
The Benefit Fund For Hospital and is a nonprofit organization situated in Philadelphia, Pennsylvania, specifically at 1319 Locust Street, 19107. Their primary mission is to extend health and welfare benefits to the members of District 1199C and their dependents. This encompasses various areas such as health coverage, disability assistance, prescription medications, vision care, and dental services. The organization ensures the payment of claims that fall under these categories, enhancing the overall well-being of its members and their families.
What are the reviews and ratings of this charity?
The Benefit Fund For Hospital And is currently not rated by Charity Navigator. This is primarily due to the organization's status, as it is not registered as a 501(c)(3) nonprofit with the IRS, making it ineligible for evaluations under available criteria such as Accountability & Finance, Impact & Measurement, and other beacons. The absence of a rating isn’t an implicit negative or positive, but simply a result of its non-501(c)(3) status.
There’s limited financial data available for this organization, such as total revenue, expenses, and key person salary information. This absence may pose challenges for potential donors who rely on transparency in financial performance to make informed decisions. Although it appears as an independent organization, the lack of conventional evaluation metrics leaves questions about its operational effectiveness and community impact.
No user reviews are available on GreatNonprofits, leaving a gap in stakeholder testimonies that might otherwise provide insights into the organization's impact and reputation. Without insights from donors or beneficiaries, it's challenging to gauge public sentiment or the qualitative aspects of performance, such as satisfaction and perceived effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Benefit Fund For Hospital And legitimate?
Benefit Fund For Hospital And is a legitimate nonprofit organization registered as a 501(c)(9) entity. Benefit Fund For Hospital And 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: $80,847
Professional Fundraising Fees: $0
Other Salaries and Wages: $441,453
For more financial information, click here
What is the mission statement of Benefit Fund For Hospital And?
The Benefit Fund For Hospital and is dedicated to extending health and welfare benefits to the members and their dependents affiliated with District 1199C. This non-profit organization prioritizes the well-being of its members by providing essential coverage for various medical and healthcare expenses. The benefits encompass claims for health-related services, disability, prescriptions, vision care, and dental care. Through its commitment to providing these crucial services, the Benefit Fund For Hospital and strives to enhance the overall quality of life for its members, ensuring they have access to necessary care when needed.
What is the revenue of Benefit Fund For Hospital And?
Benefit Fund For Hospital And's revenue in 2023 was $31,867,278.
Who are the executives of Benefit Fund For Hospital And and what are their salaries?
The average compensation at Benefit Fund For Hospital And during 2023 was $24,871. There are 21 employees at Benefit Fund For Hospital And.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $136,137
- Other: $77,122
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $118,778
- Other: $67,288
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $51,610
- Related: $103,220
- Other: $87,850
- Compensation: $36,894
- Related: $73,787
- Other: $62,840
Where can I find the form 990 for Benefit Fund For Hospital And?
Benefit Fund For Hospital And's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Benefit Fund For Hospital And
The Benefit Fund for Hospital and, a notable nonprofit organization, is committed to extending health and welfare benefits to the members of District 1199C and their dependents. In simple terms, this charitable entity prioritizes the well-being of its members by providing them with a range of essential benefits.
This benevolent institution dedicates its resources towards sponsoring various claims, including those related to health, disability, prescriptions, vision care, and dental services. By doing so, it ensures that the individuals under its care have access to comprehensive coverage, thereby promoting their overall wellness and financial security. The provision of these benefits serves as a vital safety net, allowing members to focus on their health and well-being without the added concern of financial burden.
In essence, the Benefit Fund for Hospital and acts as a supportive partner to the families and individuals it serves, providing them with the necessary resources to maintain their health and improve their quality of life. Through its unwavering commitment to its mission, it empowers its members to overcome challenges and face the future with confidence, knowing that they have the essential benefits and support they need to thrive.
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Impact
October, 2024
The Benefit Fund For Hospital And plays a crucial role by providing essential health and welfare benefits to District 1199C members and their dependents. By covering claims related to health, disability, prescriptions, vision care, and dental services, it ensures that members have access to vital medical resources. This support enhances the overall well-being of the workforce, contributing to healthier communities in Philadelphia. Additionally, by alleviating financial burdens associated with healthcare, the Fund fosters a more secure environment for families, promoting peace of mind and stability. Its impact extends beyond immediate health benefits, as it strengthens the commitment to mutual support among members, reinforcing a sense of community and shared responsibility.
This information is meant to be a general summary of Benefit Fund For Hospital And. 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 2023.
- Investment Income: $2,104,011
- Program Service Revenue: $29,526,958
- Gross Receipts: $69,798,015
Assets and Liabilities:
- Total Assets: $48,943,009
- Total Liabilities: $1,425,169
- Net Assets: $47,517,840
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$28,879,161
PARTICIPANTS CO-PAY
Revenue
$640,169
COBRA AND SELF-PAY
Revenue
$7,628
Organization Details
Founding Year
1991
Principal Officer
Eric Brooks
NTEE Category
Code: Y40 - Mutual benefit
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