Overview
What is Berks County School Districts Health Trust?
Berks County School Districts Health Trust is a nonprofit organization based in Reading, Pennsylvania (PO Box 16050). They serve as a plan sponsor, providing self-funded insurance coverage and benefits for their participants and their beneficiaries. Their mission encompasses purchasing insurance or offering medical, surgical, hospital care, and benefits in cases of sickness, accident, disability, or death, ensuring the wellbeing of those involved.
Is Berks County School Districts Health Trust legitimate?
Berks County School Districts Health Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Berks County School Districts Health 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: $33,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Berks County School Districts Health Trust?
The Berks County School Districts Health Trust functions as a plan sponsor, self-funding healthcare benefits for its participants and their beneficiaries. Through the purchase of insurance, this entity provides coverage for medical, surgical, and hospital care, as well as benefits in the event of sickness, accident, disability, or death. The mission of the Berks County School Districts Health Trust is to ensure the wellbeing of those it serves by providing essential health and financial security.
Who is the CEO of Berks County School Districts Health Trust?
Dr Paul Eaken is the Executive Director of Berks County School Districts Health Trust.
What is the revenue of Berks County School Districts Health Trust?
Berks County School Districts Health Trust's revenue in 2022 was $92,475,879.
Who are the executives of Berks County School Districts Health Trust and what are their salaries?
The average compensation at Berks County School Districts Health Trust during 2022 was $33,000. There is 1 employee and 38 volunteers at Berks County School Districts Health Trust.
Here are 39 key members and their salaries:
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Where can I find the form 990 for Berks County School Districts Health Trust?
Berks County School Districts Health Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Berks County School Districts Health Trust
Berks County School Districts Health Trust, as a plan sponsor, is dedicated to ensuring the well-being of its participants and their beneficiaries. The organization operates on a self-funded basis, providing essential coverage for medical, surgical, and hospital care, as well as benefits in the event of sickness, accident, disability, or death.
In simple terms, Berks County School Districts Health Trust assumes the responsibility of procuring insurance for its members, ensuring they receive necessary healthcare services and financial support during challenging health circumstances. By doing so, the Trust prioritizes the health and welfare of its community, providing peace of mind and security for its participants.
The Trust's mission is twofold. First, it acts as a steadfast advocate for its members, securing comprehensive insurance coverage that caters to their diverse healthcare needs. Second, it offers financial protection, ensuring that participants and their beneficiaries receive the care they need without the undue burden of excessive costs.
Through its self-funded approach, Berks County School Districts Health Trust demonstrates a steadfast commitment to its members, empowering them to focus on their health and well-being, rather than worrying about the financial implications of healthcare expenses.
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Impact
October, 2024
The Berks County School Districts Health Trust plays a crucial role in supporting the health and well-being of its participants and their beneficiaries by serving as a plan sponsor on a self-funded basis. It provides essential medical, surgical, and hospital care benefits, ensuring that individuals are covered in the event of sickness, accidents, disability, or death. This approach not only helps to alleviate the financial burden associated with healthcare costs but also fosters a supportive environment for school district employees, enhancing their overall health security. By purchasing insurance strategically, the Health Trust is able to offer tailored health benefits that meet the unique needs of its community, promoting mutual benefit among all participants. Its impact is significant in enhancing access to necessary healthcare services and contributing to the overall health and productivity of the educational workforce in Reading, PA, and the surrounding areas.
This information is meant to be a general summary of Berks County School Districts Health 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: $43,936
- Program Service Revenue: $92,431,943
- Gross Receipts: $92,475,879
Assets and Liabilities:
- Total Assets: $37,307,686
- Total Liabilities: $14,173,898
- Net Assets: $23,133,788
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HEALTH & WELFARE CONTRIBUTIONS
Revenue
$92,431,943
Organization Details
Founding Year
2010
Phone
(610) 987-8577Principal Officer
Dr Paul Eaken
Main Address
PO BOX 16050, READING, PA, 19612
NTEE Category
Code: Y20 - Mutual benefit
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