Overview
What is Delaware County Public Schools Healthcare Trust?
The Delaware County Public Schools Healthcare Trust is a nonprofit organization, headquartered at 200 Yale Avenue, Morton, Pennsylvania (PA), with a mission to procure health benefits at reduced costs for participating schools, intermediate units, vocational-technical schools, community colleges, and municipalities in Delaware and Chester County, Pennsylvania. Established under the laws of the Commonwealth of Pennsylvania, this Trust bought health benefits for fifteen school entities and thirty-six municipalities during the fiscal year ended June 30, 2023. The benefits encompass hospital, medical, surgical, prescription drug, dental, and vision coverage, intended to support the educational institutions and local governments in providing essential healthcare services to their constituents.
Is Delaware County Public Schools Healthcare Trust legitimate?
Delaware County Public Schools Healthcare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Delaware County Public Schools Healthcare 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 not tax deductible.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Mission Statement of Delaware County Public Schools Healthcare Trust
The Delaware County Public Schools Healthcare Trust is a mission-driven organization that aims to provide affordable health benefits to participating schools, intermediate units, vocational-technical schools, community colleges, and municipalities in Delaware and Chester County, Pennsylvania. By pooling resources, the Trust is able to purchase health benefits at reduced costs on behalf of its members.
Established by the laws of the Commonwealth of Pennsylvania, this nonprofit organization serves fifteen member school entities and thirty-six municipalities, ensuring that they have access to essential health benefits for their employees and dependents. The Trust's mission is to procure comprehensive health coverage, including hospital, medical, surgical, prescription drug, dental, and vision benefits, at more affordable prices for its members.
In the fiscal year ending June 30, 2023, the Delaware County Public Schools Healthcare Trust successfully secured health benefits for its extensive membership base. This collective purchasing power enables its members to offer competitive benefits packages to their employees, attracting and retaining top talent while controlling healthcare costs. By collaborating with healthcare providers and insurance carriers, the Trust is able to negotiate favorable contracts and pass the savings onto its members.
Impact
This information is meant to be a general summary of Delaware County Public Schools Healthcare Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Delaware County Public Schools Healthcare Trust's impact lies in providing essential benefits such as hospital, medical, surgical, prescription drug, dental, and vision coverage to participating school districts, intermediate units, vocational-technical schools, community colleges, and municipalities in Delaware and Chester County, Pennsylvania. By purchasing these health benefits at a reduced cost on behalf of its members, the Trust enables access to quality healthcare services for employees and their families within the education sector and local government entities. This not only helps in promoting the well-being of individuals but also contributes to the overall retention and satisfaction of staff within these organizations.
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 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS FROM PARTICIPANTS
Revenue
$144,146,855
PRESCRIPTION CONTRIBUTIONS
Revenue
$78,005,209
STOP LOSS INSURANCE PAYMENTS
Revenue
$3,918,523
SERVICE FEES
Revenue
$177,955
Organization Details
Founding Year
2013
Phone
(610) 938-9000
Principal Officer
Don Mooney
Main Address
200 YALE AVENUE, MORTON, PA, 19070
NTEE Category
Code: Y40 - Mutual benefit
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