Cheltenham Police Pension Fund Inc is located in Elkins Park, PA. The organization was established in 2009. According to its NTEE Classification (I11) the organization is classified as: Single Organization Support, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cheltenham Police Pension Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Cheltenham Police Pension Fund Inc generated $328.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $288.4k during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PAY PENSIONS TO RETIRED POLICE OFFICERS AND DEATH BENEFITS TO WIDOWS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPLEMENTARY PENSION BENEFITS TO RETIRED POLICE OFFICERS AND THEIR DEPENDENTS, AND TO SUPPORT LAW ENFORCEMENT IN CHELTENHAM TOWNSHIP.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James J Blair President | OfficerTrustee | 4 | $0 |
James W Howard Jr Vice President & Director | OfficerTrustee | 1 | $0 |
Joanne E Labiak Secretary/treasurer | OfficerTrustee | 20 | $0 |
Ronald Cupo Director | Trustee | 1 | $0 |
Edward Baskin Director | Trustee | 1 | $0 |
Charles Boland Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $36,717 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $36,717 |
Total Program Service Revenue | $0 |
Investment income | $197,716 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $94,505 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $328,938 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $255,550 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $22,500 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,340 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $380 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $85 |
Total functional expenses | $288,391 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $35,545 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $6,204,839 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,240,384 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $6,240,384 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $6,240,384 |
Over the last fiscal year, we have identified 1 grants that Cheltenham Police Pension Fund Inc has recieved totaling $11.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Organization Name | Assets | Revenue |
---|---|---|
Brooklyn Community Bail Fund Inc Brooklyn, NY | $11,608,502 | $3,785,948 |
Police Unity Tour Inc Florham Park, NJ | $3,710,643 | $2,308,229 |
Choices Behavioral Health Care Toledo, OH | $1,303,378 | $2,364,372 |
Nassau County Police Department Foundation Inc Garden City, NY | $4,783,921 | $4,138,038 |
Police Relief Fund Inc New York City, NY | $11,947,456 | $1,557,370 |
Police Unity Tour Inc Point Pleasant, NJ | $493,430 | $868,209 |
Philadelphia Police Foundation Philadelphia, PA | $1,821,617 | $1,585,772 |
Silver Shield Foundation Inc New York, NY | $5,350,617 | $1,295,987 |
Pennsylvania Council Of Chief Juvenile Probation Officers West Chester, PA | $449,466 | $366,006 |
Cheltenham Police Pension Fund Inc Elkins Park, PA | $6,240,384 | $328,938 |
Pbf Holdings Inc Philadelphia, PA | $545,286 | $1,905 |
Two Hundred Club Of Morris County Mt Arlington, NJ | $1,053,239 | $205,267 |