Greater Philadelphia Business Coalition On Health Inc
- Assets
- $693.5k
- Revenue
- $756.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Philadelphia, PA
- Founding
- 06/2014
- Data as of
- 06/2022
- EIN
- 46-3018521
Organization Overview
Greater Philadelphia Business Coalition On Health Inc is located in Philadelphia, PA. The organization was established in 2014. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 06/2022, Greater Philadelphia Business Coalition On Health Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Philadelphia Business Coalition On Health 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 06/2022, Greater Philadelphia Business Coalition On Health Inc generated $756.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $656.7k during the year ending 06/2022. While expenses have increased by 6.4% 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
GPBCH EDUCATES AND REPRESENTS EMPLOYERS BY WORKING WITH HEALTH PLANS, HEALTHCARE PROVIDERS, AND SYSTEM STAKEHOLDERS TO IMPROVE THE VALUE OF HEALTH BENEFITS SPENDING
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COALITION SEEKS TO IMPROVE THE VALUE OF HEALTH BENEFIT SPENDING FOR ITS EMPLOYER MEMBERS BY IMPROVING HEALTHCARE QUALITY AND SAFETY AND REDUCING HEALTHCARE COSTS. CURRENTLY THE COALITION HAS 51 EMPLOYER MEMBERS, REPRESENTING 750,000 COVERED LIVES IN THE GREATER PHILADELPHIA REGION, AND MORE THAN 1.5 MILLION LIVES NATIONALLY. THE COALITION ALSO HAS 49 AFFILIATE MEMBERS - HEALTH PLANS, BENEFIT CONSULTANTS, PROVIDERS, PHARMACEUTICAL MANUFACTURERS AND OTHER ORGANIZATIONS WITH AN INTEREST IN SUPPORTING OUR MISSION. THE COALITION EDUCATES ITS MEMBERS ABOUT BEST PRACTICES FOR IMPROVING EMPLOYEE HEALTH AND THE VALUE OF HEALTH BENEFITS SPENDING THROUGH SEMINARS, WEBINARS AND A MONTHLY NEWSLETTER. MEMBERS ARE ENCOURAGED TO PARTICIPATE IN PLANNING AND IMPLEMENTING PROJECTS THROUGH JOINING ONE OF OUR THREE MEMBER INTEREST GROUPS - EMPLOYEE HEALTH & WELL-BEING, TRANSPARENCY, AND BENEFIT STRATEGY AND INNOVATION. MAJOR PROJECTS BEING CONDUCTED BY THE COALITION INCLUDE ASSISTING EMPLOYERS IN IMPLEMENTING THE CDC'S NATIONAL DIABETES PREVENTION PROGRAM AND OTHER OBESITY-MANAGEMENT STRATEGIES; SERVING AS THE REGIONAL LEADER FOR THE LEAPFROG GROUP'S HOSPITAL SURVEY ON SAFETY AND QUALITY OF CARE; DEVELOPING RECOMMENDATIONS TO IMPROVE BENEFIT DESIGN FOR MANAGING DIABETES CARE AND SPECIALTY DRUG UTILIZATION; AND PROMOTING HEALTHY EATING AND PHYSICAL ACTIVITY THROUGH A VARIETY OF CONSUMER AND EMPLOYER ENGAGEMENT STRATEGIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neil Goldfarb President | OfficerTrustee | 40 | $158,539 |
Jill Hutt Vice President | OfficerTrustee | 40 | $98,326 |
Eric Croft Treasurer And CFO | OfficerTrustee | 40 | $73,883 |
Ray Fabius Consulting Medical Director | OfficerTrustee | 2 | $0 |
Marty Romney Secretary | OfficerTrustee | 2 | $0 |
Maureen Clancy Director | Trustee | 2 | $0 |
Financial Statements
| 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 | $245,734 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $245,734 |
| Total Program Service Revenue | $479,734 |
| Investment income | $0 |
| 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 | $756,599 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $340,580 |
| Compensation of current officers, directors, key employees. | $30,652 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $48,253 |
| Payroll taxes | $25,642 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,470 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $929 |
| Advertising and promotion | $8,615 |
| Office expenses | $0 |
| Information technology | $8,576 |
| Royalties | $0 |
| Occupancy | $29,952 |
| Travel | $1,822 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $47,641 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,468 |
| Insurance | $8,539 |
| All other expenses | $106,851 |
| Total functional expenses | $656,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $602,706 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $67,307 |
| Accounts receivable, net | $3,500 |
| 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 | $12,278 |
| Net Land, buildings, and equipment | $5,750 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,967 |
| Other assets | $0 |
| Total assets | $693,508 |
| Accounts payable and accrued expenses | $24,671 |
| Grants payable | $0 |
| Deferred revenue | $127,762 |
| 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 | $152,433 |
| Net assets without donor restrictions | $541,075 |
| 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 | $693,508 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greater Philadelphia Business Coalition On Health Inc has recieved totaling $24,575.
| Awarding Organization | Amount |
|---|---|
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: 74320 EXAMINING THE IMPACT OF PLACE ON EMPLOYEE HE | $24,575 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hearthstone Senior Communities Inc Bala Cynwyd, PA | $23,952,064 | $83,448,118 |
University Of Maryland Faculty Physicians Inc Baltimore, MD | $357,134,333 | $108,138,580 |
Albert Einstein Healthcare Network Philadelphia, PA | $101,892,525 | $75,155,441 |
Northwell Health Foundation Westbury, NY | $461,901,470 | $139,689,097 |
Penn Highlands Healthcare Dubois, PA | $174,985,367 | $81,650,655 |
Good Shepherd Rehabilitation Network Allentown, PA | $439,427,307 | $71,655,842 |
Catholic Health System Of Long Island Rockville Centre, NY | $580,308,381 | $30,450,419 |
Elizabeth Gamble Deaconess Home Association Cincinnati, OH | $1,636,339,650 | $77,696,826 |
United Breast Cancer Foundation Inc Huntington, NY | $11,258,240 | $32,891,411 |
Johns Hopkins Hospital Endowment Fund Incorporated Baltimore, MD | $745,035,781 | $11,088,977 |
Cancer Research Fund Of The Damon Runyon-Walter Winchell Foundation New York, NY | $175,580,654 | $20,562,891 |
Doylestown Health Foundation Doylestown, PA | $88,236,207 | $10,269,180 |