Trustees Of The Univ Of Penna Retiree Med & Death Benefits Tr

Organization Overview

Trustees Of The Univ Of Penna Retiree Med & Death Benefits Tr is located in Philadelphia, PA. The organization was established in 1994. According to its NTEE Classification (Y33) the organization is classified as: Teachers Retirement Fund Associations, 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. Trustees Of The Univ Of Penna Retiree Med & Death Benefits Tr 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 06/2021, Trustees Of The Univ Of Penna Retiree Med & Death Benefits Tr generated $64.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $32.6m during the year ending 06/2021. While expenses have increased by 9.2% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PAYMENT OF MEDICAL AND DEATH BENEFITS TO RETIREES

Describe the Organization's Program Activity:

SEE SCHEDULE O


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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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$36,772,597
Investment income $870,841
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $25,821,288
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $64,649,009

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