Overview
What is Madlyn And Leonard Abramson Center For Jewish Life Workers' Compensation Trust?
Madlyn And Leonard Abramson Center For Jewish Life Workers' Compensation Trust is a self-insured organization, primarily located in Blue Bell, Pennsylvania. Its primary mission is to ensure workers' compensation benefits for its employees, should they suffer any workplace-related injuries or illnesses. To fulfill this purpose, the trust invests funds and employs a third-party administrator to manage and settle all related claims, including payments to medical providers and employees. As of the fiscal year ending March 31, 2022, the trust had 415 employees covered, with 40 reported covered claims. The trust was established for the sole purpose of providing workers' compensation benefits as per applicable laws and regulations.
Is Madlyn And Leonard Abramson Center For Jewish Life Workers' Compensation Trust legitimate?
Madlyn And Leonard Abramson Center For Jewish Life Workers' Compensation Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madlyn And Leonard Abramson Center For Jewish Life Workers' Compensation 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: $5,330
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Madlyn And Leonard Abramson Center For Jewish Life Workers' Compensation Trust?
The Madlyn and Leonard Abramson Center for Jewish Life Workers' Compensation Trust was established with a specific purpose: to provide workers' compensation benefits to its employees, as dictated by relevant laws, court decisions, administrative decisions, arbitration awards, or other authoritative sources. This trust serves as a self-insurance for the organization, investing funds to cater to employees' compensation claims in compliance with workplace liability regulations. A third-party administrator is employed to handle all claims, including payments to medical providers and employees, for a workforce of 415 employees, with a total of 40 covered claims reported during the fiscal year ending March 31, 2022.
Who is the CEO of Madlyn And Leonard Abramson Center For Jewish Life Workers' Compensation Trust?
Carol A Irvine is the President & Ceo of Madlyn And Leonard Abramson Center For Jewish Life Workers' Compensation Trust. The CEO's salary of Madlyn And Leonard Abramson Center For Jewish Life Workers' Compensation Trust is $0 and their total compensation is $580,319.
What is the revenue of Madlyn And Leonard Abramson Center For Jewish Life Workers' Compensation Trust?
Madlyn And Leonard Abramson Center For Jewish Life Workers' Compensation Trust's revenue in 2022 was $1,155,571.
Who are the executives of Madlyn And Leonard Abramson Center For Jewish Life Workers' Compensation Trust and what are their salaries?
Here are 3 key members and their salaries (Madlyn And Leonard Abramson Center For Jewish Life Workers' Compensation Trust's CEO's salary is $0 and their total compensation is $580,319):
- Compensation: $0
- Related: $565,444
- Other: $14,875
- Compensation: $0
- Related: $268,786
- Other: $20,559
- Compensation: $5,486
- Related: $0
- Other: $0
Where can I find the form 990 for Madlyn And Leonard Abramson Center For Jewish Life Workers' Compensation Trust?
Madlyn And Leonard Abramson Center For Jewish Life Workers' Compensation Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Madlyn And Leonard Abramson Center For Jewish Life Workers' Compensation Trust
The Madlyn and Leonard Abramson Center for Jewish Life Workers' Compensation Trust was established with a specific mission in mind. This organization, operating independently, is dedicated to ensuring the workers' compensation benefits for its employees as mandated by any relevant statute, court decision, administrative ruling, arbitration award, or other authority. Its purpose is to provide financial support to employees who may suffer work-related injuries or illnesses, adhering to the applicable laws and regulations related to workplace liabilities.
To achieve this mission, the trust fund is meticulously managed, with funds set aside to cover employee claims. The organization employs a third-party administrator to handle all claims-related matters, including the payment of medical providers and employees. In the fiscal year ending March 31, 2022, a total of 40 covered claims were processed, with 415 employees benefiting from the trust's workers' compensation coverage. This dedication to providing financial support and ensuring the well-being of its employees underscores the Madlyn and Leonard Abramson Center for Jewish Life Workers' Compensation Trust's commitment to safeguarding its workforce.
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Impact
October, 2024
The Madlyn and Leonard Abramson Center for Jewish Life Workers' Compensation Trust provides essential support by ensuring that employees of the Abramson Center receive comprehensive workers' compensation benefits. This trust self-insures against workplace liabilities, investing funds to effectively manage claims in accordance with applicable laws and regulations. In the fiscal year ending March 31, 2022, it covered 415 employees and processed a total of 40 claims, demonstrating its commitment to employee welfare and safety.
Through the use of a third-party administrator, the trust facilitates the handling of claims, including timely payments to medical providers and employees. This structured approach not only streamlines the claims process but also fosters a secure working environment by reassuring employees that their health and well-being are prioritized. Overall, the trust's impact is significant in promoting a culture of safety and responsibility within the organization, ultimately enhancing employee satisfaction and productivity.
This information is meant to be a general summary of Madlyn And Leonard Abramson Center For Jewish Life Workers' Compensation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $25,866
- Program Service Revenue: $1,129,705
- Gross Receipts: $1,155,571
Assets and Liabilities:
- Total Assets: $1,581,716
- Total Liabilities: $1,306,570
- Net Assets: $275,146
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER CLAIMS RECOVERY
Revenue
$1,129,705
Organization Details
Founding Year
2005
Phone
(215) 371-1800Principal Officer
Carol A Irvine
Main Address
5 SENTRY PARKWAY EAST 100, BLUE BELL, PA, 19422
NTEE Category
Code: Y20 - Mutual benefit
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