Overview
What is Bucks And Montgomery County Schools Healthcare Consortium?
The Bucks and Montgomery County Schools Healthcare Consortium is a nonprofit organization based in Doylestown, Pennsylvania. Its primary mission is to secure reduced-cost healthcare benefits, including medical and prescription coverage, for public school districts, intermediate units, and technology schools in Bucks and Montgomery Counties, Pennsylvania. The consortium purchased benefits for eleven participating entities during the fiscal year ending June 30, 2022. By pooling resources, the consortium aims to provide more affordable healthcare solutions for its members.
Official website here: www.bmshc.org
Is Bucks And Montgomery County Schools Healthcare Consortium legitimate?
Bucks And Montgomery County Schools Healthcare Consortium is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bucks And Montgomery County Schools Healthcare Consortium 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.
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Official website here: www.bmshc.org
What is the mission statement of Bucks And Montgomery County Schools Healthcare Consortium?
The Bucks and Montgomery County Schools Healthcare Consortium was established to provide healthcare benefits to participating public schools in a cost-effective manner. By pooling resources, the consortium successfully purchases health benefits for its member districts, intermediate units, and technology schools, resulting in reduced costs. During the fiscal year ending June 30, 2022, the consortium secured health benefits for eleven school entities. The mission of the Bucks and Montgomery County Schools Healthcare Consortium is to act as an intermediary, securing health benefits on behalf of its members, thereby enabling them to access essential healthcare services at more affordable rates.
Official website here: www.bmshc.org
Who is the CEO of Bucks And Montgomery County Schools Healthcare Consortium?
William Senavaitis is the Trustee of Bucks And Montgomery County Schools Healthcare Consortium.
Official website here: www.bmshc.org
What is the revenue of Bucks And Montgomery County Schools Healthcare Consortium?
Bucks And Montgomery County Schools Healthcare Consortium's revenue in 2022 was $114,821,758.
Official website here: www.bmshc.org
Who are the executives of Bucks And Montgomery County Schools Healthcare Consortium and what are their salaries?
Here are 23 key members and their salaries:
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Official website here: www.bmshc.org
Where can I find the form 990 for Bucks And Montgomery County Schools Healthcare Consortium?
Bucks And Montgomery County Schools Healthcare Consortium's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bmshc.org
Learn more at the official website: www.bmshc.org
Mission Statement of Bucks And Montgomery County Schools Healthcare Consortium
The Bucks And Montgomery County Schools Healthcare Consortium, a collective entity formed with the purpose of procuring health benefits at reduced costs, works tirelessly on behalf of public school districts, intermediate units, and technology schools in Bucks and Montgomery Counties, Pennsylvania. By pooling resources and purchasing power, this organization successfully secures health benefits, including medical and prescription coverage, for the participating educational entities.
In the fiscal year that concluded on June 30, 2022, the consortium made significant strides in providing affordable health benefits to eleven school entities within its scope. This nonprofit's mission is not only to purchase health benefits but to do so at a reduced cost, ensuring that the educational institutions can allocate their resources more effectively towards the primary goal of providing quality education to their students. The consortium's efforts enable these schools to offer comprehensive health coverage to their employees and students, ultimately prioritizing the wellbeing of their communities.
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Impact
October, 2024
The Bucks and Montgomery County Schools Healthcare Consortium significantly reduces healthcare costs for participating school districts, intermediate units, and career-technical schools in Bucks and Montgomery Counties, Pennsylvania. By pooling resources and purchasing health benefits collectively, the Consortium is able to secure medical and prescription coverage at a reduced rate, which helps alleviate financial burdens on individual districts.
In the fiscal year ending June 30, 2022, the Consortium successfully purchased health benefits for eleven school entities, demonstrating its commitment to enhancing access to affordable healthcare for educators and staff. This collaborative approach not only fosters mutual benefit among the participating schools but also allows them to allocate their resources more effectively, ultimately supporting better educational outcomes and staff well-being. Through this initiative, the Consortium plays a crucial role in strengthening the overall healthcare framework within the educational system in the region.
This information is meant to be a general summary of Bucks And Montgomery County Schools Healthcare Consortium. 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.
- Program Service Revenue: $114,821,758
- Gross Receipts: $114,821,758
Assets and Liabilities:
- Total Assets: $46,016,893
- Total Liabilities: $16,217,140
- Net Assets: $29,799,753
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS FROM PARTICIPATING
Revenue
$113,942,306
OTHER PROGRAM INCOME
Revenue
$879,452
Organization Details
Founding Year
2012
Phone
(215) 348-2940Principal Officer
William Senavaitis
Main Address
705 SHADY RETREAT ROAD, DOYLESTOWN, PA, 18901
Website
www.bmshc.orgNTEE Category
Code: Y43 - Mutual benefit
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