Delaware County Public Schools Healthcare Trust is located in Morton, PA. The organization was established in 2014. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delaware County Public Schools Healthcare Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 06/2022, Delaware County Public Schools Healthcare Trust generated $227.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $230.7m during the year ending 06/2022. While expenses have increased by 9.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE DELAWARE COUNTY PUBLIC SCHOOLS HEALTHCARE TRUST WAS FORMED FOR THE PURPOSE OF PROVIDING BENEFITS WHICH INCLUDE BUT NOT LIMITED TO HOSPITAL, MEDICAL, SURGICAL, PRESCRIPTION DRUG, DENTAL AND/OR VISION BENEFITS FOR PARTICIPATING SCHOOL DISTRICTS, INTERMEDIATE UNIT, VOCATIONAL-TECHNICAL SCHOOLS ESTABLISHED BY THE LAWS OF COMMONWEALTH OF PENNSYLVANIA, MUNICIPALITIES AND COMMUNITY COLLEGES PROVIDING EDUCATION WITHIN DELAWARE OR CHESTER COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PURCHASE HEALTH BENEFITS AT A REDUCED COST ON BEHALF OF PARTICIPATING SCHOOL DISTRICTS, INTERMEDIATE UNIT, VOCATIONAL-TECHNICAL SCHOOLS, COMMUNITY COLLEGE, AND LOCAL MUNICIPALITIES IN DELAWARE AND CHESTER COUNTY PENNSYLVANIA. THE TRUST PURCHASED HEALTH BENEFITS FOR FIFTEEN MEMBER SCHOOL ENTITIES AND THIRTY-FOUR MUNICIPALITIES DURING THE FISCAL YEAR ENDED JUNE 30, 2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dennis Andrews Trustee, Vice-Chair | OfficerTrustee | 1 | $0 |
Sarah Davit Trustee, Secretary | OfficerTrustee | 1 | $0 |
Thomas Haupert Trustee, Treasurer | OfficerTrustee | 1 | $0 |
Maria Edelberg Trustee, Chair | OfficerTrustee | 1 | $0 |
Lynne Baer Trustee | Trustee | 1 | $0 |
Pamela Brown Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Gallagher Benefit Services Inc Healthcare Consulting Fees | 6/29/22 | $428,496 |
Delaware County Intermediate Unit Administrative Services | 6/29/22 | $212,118 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $227,235,281 |
Investment income | $278,062 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $227,513,343 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $216,118,483 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
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 | $99,135 |
Fees for services: Accounting | $25,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $590,024 |
Advertising and promotion | $0 |
Office expenses | $0 |
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 | $13,756,457 |
All other expenses | $112,234 |
Total functional expenses | $230,701,833 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $122,331,010 |
Savings and temporary cash investments | $49,000,000 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $715,192 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $3,634,086 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,206,310 |
Total assets | $179,886,598 |
Accounts payable and accrued expenses | $26,243,356 |
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 | $3,742,533 |
Total liabilities | $29,985,889 |
Net assets without donor restrictions | $0 |
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 | $149,900,709 |
Total liabilities and net assets/fund balances | $179,886,598 |
Organization Name | Assets | Revenue |
---|---|---|
Delta Dental Of Pennsylvania Mechanicsburg, PA | $366,035,375 | $859,869,165 |
Delta Dental Of New York Inc Mechanicsburg, PA | $210,272,020 | $733,013,009 |
Ny Hotel Trades Council & Hotel Assoc Of New York City Inc New York, NY | $354,599,006 | $314,147,563 |
Delaware County Public Schools Healthcare Trust Morton, PA | $179,886,598 | $227,513,343 |
New York Trades Council & Hotel Association Of New York City New York, NY | $191,278,895 | $130,078,266 |
L Brands Inc Associate Benefits Trust Columbus, OH | $0 | $116,449,951 |
Employee Benefit Trust Of Eastern Pennsylvania Easton, PA | $90,519,985 | $131,382,117 |
Berks County School Districts Health Tr Reading, PA | $37,307,686 | $92,475,879 |
New Jersey Property Liability Basking Ridge, NJ | $270,074,908 | $113,404,286 |
Ads Alliance Data Systems Inc Employee Benefits Trust Columbus, OH | $17,341,004 | $79,868,187 |
Iuoe Local 30 Benefits Fund Whitestone, NY | $137,370,493 | $75,805,086 |
American Institute For Chartered Property Casualty Underwriters Malvern, PA | $315,144,713 | $90,590,145 |