Pennsylvania State Education Association Retiree Benefit Trust

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

EIN: 256862258 ✦ Harrisburg, PA ✦ Designated as a 501(c)(9)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Pennsylvania State Education Association Retiree Benefit Trust?

The Pennsylvania State Education Association Retiree Benefit Trust is a nonprofit organization, specifically located at 400 N THIRD STREET PO BOX 1724, Harrisburg, PA 17105. Its primary mission is to provide health and prescription drug benefits to eligible retirees of the Pennsylvania State Education Association, following the terms of collective bargaining agreements. The benefits are offered on an insured basis, ensuring that retired educators have access to necessary medical care and medications. The trust plays a crucial role in supporting the well-being of retired education professionals in the state of Pennsylvania.

Is Pennsylvania State Education Association Retiree Benefit Trust legitimate?

Pennsylvania State Education Association Retiree Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pennsylvania State Education Association Retiree Benefit 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: $22,506
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Pennsylvania State Education Association Retiree Benefit Trust?

The Pennsylvania State Education Association Retiree Benefit Trust is dedicated to providing health and prescription drug benefits on an insured basis for certain retirees associated with the Pennsylvania State Education Association. This trust operates in accordance with the collective bargaining obligations under agreements between the association and the relevant staff organization. The main objective is to ensure these retirees have access to necessary medical care and medication, thereby enhancing their overall well-being in their post-employment phase.

Who is the CEO of Pennsylvania State Education Association Retiree Benefit Trust?

Daniel Mercer is the Veba Committee Member of Pennsylvania State Education Association Retiree Benefit Trust.

What is the revenue of Pennsylvania State Education Association Retiree Benefit Trust?

Pennsylvania State Education Association Retiree Benefit Trust's revenue in 2022 was $3,650,923.

Who are the executives of Pennsylvania State Education Association Retiree Benefit Trust and what are their salaries?

There 10 volunteers at Pennsylvania State Education Association Retiree Benefit Trust.


Here are 11 key members and their salaries:


Joseph P Howlett (Veba Committee Member)
  • Compensation: $0
  • Related: $195,215
  • Other: $66,098
David P Petruzzi (Veba Committee Member)
  • Compensation: $0
  • Related: $186,377
  • Other: $65,575
Joseph M Thayer (Veba Committee Chairperson)
  • Compensation: $0
  • Related: $185,669
  • Other: $66,756
Jeffrey D Lewis (Veba Committee Member)
  • Compensation: $0
  • Related: $169,538
  • Other: $116,021
Brian Koppenhaver (Alternate Veba Committee M)
  • Compensation: $0
  • Related: $161,847
  • Other: $62,979
Corry Schachern (Veba Committee Member)
  • Compensation: $0
  • Related: $160,796
  • Other: $78,688
Daniel C Mercer (Veba Committee Member)
  • Compensation: $0
  • Related: $155,913
  • Other: $59,968
Lisa Lyter (Alternate Veba Committee M)
  • Compensation: $0
  • Related: $143,291
  • Other: $53,038
Jennifer L Wert (Veba Committee Member)
  • Compensation: $0
  • Related: $138,300
  • Other: $61,641
Aaron F Chapin (Veba Committee Member)
  • Compensation: $0
  • Related: $94,485
  • Other: $69,642
Pnc Bank National Association (Institutional Trustee)
  • Compensation: $22,506
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pennsylvania State Education Association Retiree Benefit Trust?

Pennsylvania State Education Association Retiree Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pennsylvania State Education Association Retiree Benefit Trust

The Pennsylvania State Education Association Retiree Benefit Trust is an entity dedicated to providing health and prescription drug benefits on an insured basis for certain retired educators associated with the Pennsylvania State Education Association. This trust operates under the obligations of collective bargaining agreements between the Pennsylvania State Education Association and the relevant staff organizations. The primary goal of this trust is to ensure that retired educators have access to comprehensive health and prescription drug coverage, thereby providing them with peace of mind during their post-career years. By offering insured benefits, the Pennsylvania State Education Association Retiree Benefit Trust upholds its commitment to supporting the well-being of retired educators, thereby honoring their invaluable service to the education sector.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

The Pennsylvania State Education Association Retiree Benefit Trust plays a crucial role in providing health and prescription drug benefits to certain retirees of the Pennsylvania State Education Association. This program is significant as it ensures that retirees, who have dedicated their careers to education, receive vital healthcare support in their retirement years. By offering these insured benefits, the Trust helps alleviate the financial burden associated with healthcare costs, enabling retirees to maintain better health and overall well-being.

Additionally, the benefits provided are a result of collective bargaining agreements, which reflects the Trust's commitment to honoring the obligations and agreements made between the Pennsylvania State Education Association and its staff. This support fosters a sense of security among retirees, knowing they have access to necessary health services during a critical phase of their lives. The Trust's efforts ultimately contribute to the mutual benefit of its members, ensuring they can lead healthier, more fulfilling lives after their years of service in education.




This information is meant to be a general summary of Pennsylvania State Education Association Retiree Benefit 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
$3,650,923 (2022)
Expenses
$687,425 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,038,981
  • Program Service Revenue: $611,942
  • Gross Receipts: $3,650,923

Assets and Liabilities:

  • Total Assets: $29,043,931
  • Total Liabilities: $9,505
  • Net Assets: $29,034,426

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$484,568

PARTICIPANTS CONTRIBUTIONS

Revenue

$127,374

Organization Details

Founding Year

2004

Principal Officer

Daniel Mercer

Main Address

400 N THIRD STREET PO BOX 1724, HARRISBURG, PA, 17105

NTEE Category

Code: Y43 - Mutual benefit

If you are a representative of Pennsylvania State Education Association Retiree Benefit Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.