Welfare Benefits Funding Plan for … - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Phone

2152047366

Tax Period

2024-07-01 to 2025-06-30

Welfare Benefits Funding Plan for Employees of Temple University, founded in 1994, is a mid-sized nonprofit that reported $58.6M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $25.1M, a strong 43% operating margin.

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 Service Accomplishments

Program 1

Expenses: $33,479,185 Revenue: $17,807,151

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...

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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $17,807,151

Investment Income $11,452,941

Other Revenue $29,322,824

TOTAL REVENUE $58,582,916

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,479,185

Other Expenses $1,560,362

TOTAL EXPENSES $33,479,183

Year-over-Year Comparison

	2024	2023	Change
Revenue	$58,582,916	$47,279,267	+0.2%
Expenses	$33,479,183	$28,415,396	+0.2%
Net Income	$25,103,733	$18,863,871	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Temple University	Trustee	2.0		$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$58,582,916	$33,479,183	$414,314,993	$25,103,733
2024	$47,279,267	$28,415,396	$389,211,260	$18,863,871
2023	$33,336,684	$27,303,275	$370,347,389	$6,033,409
2022	$-3,203,126	$25,465,191	$364,313,980	$-28,668,317
2021	$95,112,455	$22,998,615	$392,982,297	$72,113,840
2020	$16,681,951	$23,693,054	$320,868,457	$-7,011,103
2019	$22,940,262	$24,950,902	$327,879,560	$-2,010,640
2018	$38,620,997	$23,312,841	$329,890,200	$15,308,156

Welfare Benefits Funding Plan for Employees of Temple University