Nonprofit · EIN 23-2192297
WELFARE BENEFITS FUNDING PLAN FOR EMPLOYEES OF TEMPLE UNIVERSITY
Tax-exempt · PHILADELPHIA, PA 19122
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $58,582,916 | $33,479,183 | $25,103,733 | $414,314,993 | $0 | $414,314,993 |
| June 30, 2024 | 990 | $47,279,267 | $28,415,396 | $18,863,871 | $389,211,260 | $0 | $389,211,260 |
| June 30, 2023 | 990 | $33,336,684 | $27,303,275 | $6,033,409 | $370,347,389 | $0 | $370,347,389 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $17,807,151
- Investment income
- $11,452,941
- Net gain from sales of assets
- $4,057,942
- Other revenue
- $29,322,824
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $31,918,821
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $389,211,260
- Total assets, end of year
- $414,314,993
- Total liabilities, end of year
- $0
- Net assets, end of year
- $414,314,993
- Publicly traded securities
- $98,611,208
- Gross receipts
- $394,680,222
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1994
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Temple University | Trustee Institutional trustee | 2 | $0 |
990 for the year ended June 30, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Temple University | Trustee Institutional trustee | 2 | $0 |
990 for the year ended June 30, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Temple University | Trustee Institutional trustee | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1805 NORTH BROAD WACHMAN HALL 1108, PHILADELPHIA, PA 19122-0000
- In care of
- % TEMPLE UNIVERSITY
- Principal officer (990 for 2024)
- David Marino - Interim COO and VP for Finance, 1805 North Broad Wachman Hall 1108, Philadelphia, PA 191226094
- Signed the 990
- David Marino, Interim COO
- Phone
- (215) 204-7366
Mission
The Welfare Benefits Funding Plan for Employees of Temple University is a 501 (c) 9 Trust reporting on the activity of: 1. The Welfare Benefits Trust Fund, which provides long-term disability benefits to certain Temple (Continued from form 990 Part III, Line 1) University and Temple University Health System employees, and 2. The Post-Retirement Trust Fund which provides medical and prescription drug coverage to eligible retirees of certain Temple University and Temple University Health System employees.
Program accomplishments
- BENEFITS PAID FOR ELIGIBLE EMPLOYEES, RETIREES AND THEIR DEPENDENTS UNDER THE WELFARE BENEFITS FUNDING PLAN FOR THE EMPLOYEES OF TEMPLE UNIVERSITY. THE VAST MAJORITY OF THESE PEOPLE WERE COVERED UNDER INSURANCE PROGRAMS UNDER THE PLAN.Expenses $33,479,185 · revenue $17,807,151
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2192297
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1982
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $414,314,993
- Income (IRS master file)
- $394,680,222
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $58,582,916 | $33,479,183 | $414,314,993 | IRS |
| 990 | June 2024 | $47,279,267 | $28,415,396 | $389,211,260 | IRS |
| 990 | June 2023 | $33,336,684 | $27,303,275 | $370,347,389 | XML |
| 990 | June 2022 | -$3,203,126 | $25,465,191 | $364,313,980 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-2192297).
Questions about WELFARE BENEFITS FUNDING PLAN FOR EMPLOYEES OF TEMPLE UNIVERSITY
- What is the EIN of WELFARE BENEFITS FUNDING PLAN FOR EMPLOYEES OF TEMPLE UNIVERSITY?
- The employer identification number (EIN) of WELFARE BENEFITS FUNDING PLAN FOR EMPLOYEES OF TEMPLE UNIVERSITY is 23-2192297.
- Is WELFARE BENEFITS FUNDING PLAN FOR EMPLOYEES OF TEMPLE UNIVERSITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1982.
- Are donations to WELFARE BENEFITS FUNDING PLAN FOR EMPLOYEES OF TEMPLE UNIVERSITY tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WELFARE BENEFITS FUNDING PLAN FOR EMPLOYEES OF TEMPLE UNIVERSITY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WELFARE BENEFITS FUNDING PLAN FOR EMPLOYEES OF TEMPLE UNIVERSITY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WELFARE BENEFITS FUNDING PLAN FOR EMPLOYEES OF TEMPLE UNIVERSITY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WELFARE BENEFITS FUNDING PLAN FOR EMPLOYEES OF TEMPLE UNIVERSITY?
- The 990 for the year ended June 30, 2025 names David Marino - Interim COO and VP for Finance.
- Who are the officers and directors of WELFARE BENEFITS FUNDING PLAN FOR EMPLOYEES OF TEMPLE UNIVERSITY?
- The 990 for the year ended June 30, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does WELFARE BENEFITS FUNDING PLAN FOR EMPLOYEES OF TEMPLE UNIVERSITY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $58,582,916, expenses of $33,479,183 and total assets of $414,314,993 at year end.
Other nonprofits in PHILADELPHIA
- TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA EIN 23-1352685 · last filed 990 for 2025
- THE CHILDRENS HOSPITAL OF PHILADELPHIA EIN 23-1352166 · last filed 990 for 2025
- THOMAS JEFFERSON UNIVERSITY HOSPITAL EIN 23-2829095 · last filed 990 for 2025
- TEMPLE UNIVERSITY HOSPITAL INC EIN 23-2825878 · last filed 990 for 2025
- HEALTH PARTNERS PLANS INC EIN 23-2379751 · last filed 990 for 2024
- TEMPLE UNIVERSITY-OF THE COMMONWEALTH SYSTEM OF HIGHER EDUC EIN 23-1365971 · last filed 990 for 2025
- THOMAS JEFFERSON UNIVERSITY EIN 23-1352651 · last filed 990 for 2025
- DREXEL UNIVERSITY EIN 23-1352630 · last filed 990 for 2025