Trustees of the Univ of Penna Retiree Med & Death Benefits Tr
98% goes to programs Strong reserves Growing revenue
Trustees of the Univ of Penna Retiree Med & Death Benefits Tr is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 1994, with $82,724,410 in FY2023 revenue. CharityIndex grades it A, and it directs about 98% of spending to programs.
3451 Walnut Street, Philadelphia, PA, 19104 EIN 23-2769744 Since 1994
Revenue (FY2023)
$82.7M
▲ 95.9% vs prior year
Membership median: $185K
Expenses (FY2023)
$49.7M
Net assets
$811.3M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating98% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Trustees of the Univ of Penna Retiree Med & Death Benefits Tr: 98% to programs earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating196 mo reserves · +40% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Trustees of the Univ of Penna Retiree Med & Death Benefits Tr: 196 mo reserves · +40% margin earns a B+ on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Trustees of the Univ of Penna Retiree Med & Death Benefits Tr: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Trustees of the Univ of Penna Retiree Med & Death Benefits Tr: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Payment of medical and death benefits to retirees
Contact & location
- Address
- 3451 Walnut Street, Philadelphia, PA, 19104
- City
- Philadelphia
- State
- Pennsylvania
- Category
- Mutual & Membership Benefit
- Subcategory
- Pension & Retirement Funds
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $48.0M (FY2013) to $82.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $934KNet assets $811.3M
Operating margin
39.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$812.2M
Total liabilities
$934K
Net assets
$811.3M
Salaries & benefits
$0
0% of expenses
Board members
1
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $82,724,410▲95.9% | $49,677,903▲98.1% | $811,255,765▲7.3% | $812,189,694▲7.4% | 990 |
| 2022 | $42,231,162▼38.6% | $25,077,255▼2.8% | $755,929,798▲6.1% | $756,040,989▲6.1% | 990 |
| 2021 | $68,759,671▲6.4% | $25,796,352▼20.9% | $712,371,440▼0.7% | $712,800,574▼0.7% | 990 |
| 2020 | $64,649,009▲45.2% | $32,621,041▲10.5% | $717,334,577▲29.3% | $717,825,607▲29.1% | 990 |
| 2019 | $44,515,339▼0.8% | $29,520,484▲10.2% | $554,951,661▲6.2% | $555,999,026▲6.3% | 990 |
| 2018 | $44,882,801▼18.3% | $26,796,665▲2.4% | $522,364,626▲3.4% | $523,014,031▲2.9% | 990 |
| 2017 | $54,936,637▲28.1% | $26,166,911▲31.4% | $505,340,207▲13.6% | $508,172,885▲13.1% | 990 |
| 2016 | $42,898,880▼20.1% | $19,917,574▲3.6% | $444,722,738▲17.1% | $449,265,716▲17.5% | 990 |
| 2015 | $53,712,932▼3.0% | $19,221,958▼1.4% | $379,923,573▲2.7% | $382,254,163▲2.1% | 990 |
| 2014 | $55,364,225▲15.2% | $19,495,200▲19.8% | $369,951,420▲8.3% | $374,546,807▲6.8% | 990 |
| 2013 | $48,048,073 | $16,268,324▲8.1% | $341,583,846▲17.5% | $350,759,125▲18.2% | 990 |
| 2012 | — | $15,046,997▼4.5% | $290,698,005▲16.8% | $296,721,942▲16.0% | 990 |
| 2011 | — | $15,753,918▼10.6% | $248,782,702▲8.4% | $255,786,992▲8.2% | 990 |
| 2010 | — | $17,624,975▲22.5% | $229,518,846▲24.7% | $236,493,678▲24.7% | 990 |
| 2009 | — | $14,392,169 | $184,078,600 | $189,686,771 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| University of Pennsylvania | Trustee | 2 | — |
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Compare Trustees of the Univ of Penna Retiree Med & Death Benefits Tr
Frequently asked questions
- Is Trustees of the Univ of Penna Retiree Med & Death Benefits Tr a legitimate nonprofit?
- Yes. Trustees of the Univ of Penna Retiree Med & Death Benefits Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-2769744, based in Philadelphia, Pennsylvania. Donations are tax-deductible.
- What is Trustees of the Univ of Penna Retiree Med & Death Benefits Tr's EIN?
- Trustees of the Univ of Penna Retiree Med & Death Benefits Tr's Employer Identification Number (EIN) is 23-2769744.
- How much revenue does Trustees of the Univ of Penna Retiree Med & Death Benefits Tr report?
- Trustees of the Univ of Penna Retiree Med & Death Benefits Tr reported $82,724,410 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Trustees of the Univ of Penna Retiree Med & Death Benefits Tr's spending goes to programs?
- Trustees of the Univ of Penna Retiree Med & Death Benefits Tr spends about 98% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Trustees of the Univ of Penna Retiree Med & Death Benefits Tr have?
- CharityIndex grades Trustees of the Univ of Penna Retiree Med & Death Benefits Tr A, based on program efficiency and fundraising cost.
- How much does Trustees of the Univ of Penna Retiree Med & Death Benefits Tr's highest-paid employee make?
- The highest reported compensation on Trustees of the Univ of Penna Retiree Med & Death Benefits Tr's latest Form 990 is $0, paid to University of Pennsylvania (Trustee).
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Data for Trustees of the Univ of Penna Retiree Med & Death Benefits Tr (EIN 23-2769744) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.