Overview
What is Abington Township Police Pension Association?
The Abington Township Police Pension Association is a nonprofit organization based in Abington, Pennsylvania. Its primary mission is to provide pension benefits to retired police officers from Abington Township, as well as death benefits to the spouses of deceased officers who passed away in the line of duty or after retirement. Additionally, the association ensures death benefits for beneficiaries of active police officers who tragically lose their lives while performing their duties. This organization plays a crucial role in supporting and honoring the dedicated service of police officers in Abington Township.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
The Abington Township Police Pension Association has received a low rating of 53%, which is indicative of significant concerns regarding its accountability and financial practices. The rating is based solely on a single beacon score related to accountability and finance, highlighting the organization's struggles in these areas.
Key weaknesses noted include a complete lack of independent board members, which raises questions about governance and oversight. Additionally, the organization does not have essential policies in place, such as a conflict of interest policy or a whistleblower policy, which are critical for maintaining transparency and ethical operations. Although the organization scored well in material diversion of assets and the liabilities to assets ratio, the absence of independent oversight and transparency measures undermines its overall accountability.
While the organization does have some positive aspects, such as documenting board meeting minutes, the lack of a website for posting important documents and financial forms further detracts from its credibility. Overall, potential donors and stakeholders may want to consider these factors when evaluating their support for the Abington Township Police Pension Association.
This AI summary has been generated from information found on Charity Navigator.
Is Abington Township Police Pension Association legitimate?
Abington Township Police Pension Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abington Township Police Pension Association 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: $2,950
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Abington Township Police Pension Association?
The Abington Township Police Pension Association's primary mission is to provide pension benefits for retired police officers and the widows of retired officers who have passed away, either in the line of duty or after retirement. This organization ensures the financial security of these individuals by offering pension and death benefits. The association also extends death benefits to beneficiaries of active police officers who lost their lives in the line of duty.
Who is the CEO of Abington Township Police Pension Association?
Joseph Blei is the President of Abington Township Police Pension Association.
What is the revenue of Abington Township Police Pension Association?
Abington Township Police Pension Association's revenue in 2022 was $162,676.
Who are the executives of Abington Township Police Pension Association and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Abington Township Police Pension Association?
Abington Township Police Pension Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Abington Township Police Pension Association
The Abington Township Police Pension Association, in essence, serves a vital role in providing pension benefits to retired police officers and their widows or widowers who have either passed away in the line of duty or after retirement. This nonprofit organization is dedicated to ensuring the financial security of these individuals, offering them the financial assistance they deserve for their years of service and dedication to protecting their community. By providing pension benefits, the Abington Township Police Pension Association plays a significant role in supporting the well-being of retired police officers and their families, ensuring they can continue to live comfortably in their post-service years. Additionally, in cases where a retired officer has passed away in the line of duty, the association also extends death benefits to the beneficiaries of these officers, providing a sense of financial stability during a difficult time.
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Impact
October, 2024
The Abington Township Police Pension Association significantly impacts the community by ensuring that retired police officers receive essential pension benefits, which provides financial security after their years of service. This support extends to the surviving spouses of retired officers who have died in the line of duty or after retirement, demonstrating a commitment to honoring their sacrifices. By providing these pension and death benefits, the Association helps maintain the well-being of retired officers and their families, fostering a sense of stability and appreciation for those who have dedicated their lives to protecting the community. Overall, the Association plays a critical role in safeguarding the livelihoods of those who have served Abington Township, contributing to the morale and trust between the police force and the community it serves.
This information is meant to be a general summary of Abington Township Police Pension Association. 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: $103,055
- Gross Receipts: $3,940,926
Assets and Liabilities:
- Total Assets: $3,674,860
- Total Liabilities: $7,533
- Net Assets: $3,667,327
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Organization Details
Founding Year
1928
Phone
(267) 536-1100Principal Officer
Joseph Blei
Main Address
PO BOX 315, ABINGTON, PA, 19001
NTEE Category
Code: Y440 - Mutual benefit
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