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.
What are the reviews and ratings of this charity?
The Delaware County Public Schools Healthcare Trust is not currently rated by Charity Navigator. The organization does not meet the requirements for evaluation, primarily because it is not a registered 501(c)(3) IRS nonprofit, which is necessary for the application of the Accountability & Finance and Impact & Measurement beacons. This absence of a rating does not suggest a positive or negative status but indicates a limitation in the available data for analysis.
Charity Navigator's historical rating trends and tools for nonprofits do not apply to this organization due to its unique classification status. Without a 501(c)(3) registration, critical areas such as Accountability & Finance, Impact & Measurement, and other cultural or leadership aspects cannot be assessed. This independent entity lacks data transparency in finance and leadership salaries, adding to the challenges in evaluation.
There are no user reviews for the Delaware County Public Schools Healthcare Trust available on GreatNonprofits, leaving a gap in qualitative feedback from individuals who may interact with or benefit from the organization's initiatives. Without such firsthand accounts, understanding the community perception and on-the-ground impact of this organization is limited.
This AI summary has been generated from information found on Charity Navigator.
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 tax deductible.
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What is the mission statement of Delaware County Public Schools Healthcare Trust?
The Delaware County Public Schools Healthcare Trust is an organization dedicated to providing health benefits to participating schools, districts, intermediate units, vocational-technical schools, community colleges, and municipalities at reduced costs. Established under the laws of Pennsylvania, it aims to purchase health benefits on behalf of these entities in Delaware and Chester County. During the fiscal year ended June 30, 2023, the trust successfully secured health benefits for fifteen member school entities and thirty-six municipalities. By pooling resources, the trust enables these organizations to access affordable healthcare plans, ultimately prioritizing the wellbeing of their communities.
Who is the CEO of Delaware County Public Schools Healthcare Trust?
Don Mooney is the Trustee, Chair of Delaware County Public Schools Healthcare Trust.
What is the revenue of Delaware County Public Schools Healthcare Trust?
Delaware County Public Schools Healthcare Trust's revenue in 2023 was $232,507,364.
Who are the executives of Delaware County Public Schools Healthcare Trust and what are their salaries?
There 31 volunteers at Delaware County Public Schools Healthcare Trust.
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Where can I find the form 990 for Delaware County Public Schools Healthcare Trust?
Delaware County Public Schools Healthcare Trust's most recent form 990 was submitted in 2023 and can be accessed here.
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.
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Impact
October, 2024
The Delaware County Public Schools Healthcare Trust has made a significant impact by providing affordable healthcare benefits to educational institutions and local municipalities in Delaware and Chester Counties. By pooling resources, the Trust enables participating school districts, intermediate units, vocational-technical schools, community colleges, and municipalities to secure vital hospital, medical, surgical, prescription drug, dental, and vision benefits at reduced costs.
In the fiscal year ending June 30, 2023, the Trust successfully served fifteen member school entities and thirty-six municipalities, demonstrating its capacity to enhance the healthcare options available to its members. This collaborative approach not only alleviates financial burdens for these entities, but it also fosters a healthier community by ensuring access to essential medical services for employees and their families. By prioritizing mutual benefit, the Delaware County Public Schools Healthcare Trust plays a crucial role in promoting both educational excellence and community well-being.
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.
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.
- Investment Income: $6,255,401
- Program Service Revenue: $226,248,542
- Gross Receipts: $472,147,596
Assets and Liabilities:
- Total Assets: $174,963,146
- Total Liabilities: $31,720,510
- Net Assets: $143,242,636
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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) 938-9000Principal Officer
Don Mooney
Main Address
200 YALE AVENUE, MORTON, PA, 19070
NTEE Category
Code: Y20 - Mutual benefit
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