District Council 47 Health and Welfare Fund
Nonprofit profile at a glance
- EIN
- 231970968
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Philadelphia, PA, USA
- Phone
- 2158933771
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $102,018,903
- Expenses
- $102,848,856
- Assets
- $26,159,658
- Liabilities
- $6,812,940
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- BRETT BESSLER (TRUSTEE)
- APRIL GIGETTS (TRUSTEE / CH)
- MARSHA GREEN-JONES (TRUSTEE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The fund provides health benefits for all employees and eligible retirees of the city of philadelphia and/or any agency of the city of philadelphia and of any other public employer who is the party to a collective bargaining agreement with afscme district council 47.
What it reported doing in 2024
Hospital, medical surgical premiums and benefits
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 90
- Accountability: 50
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.3%; rating input score 98
- Program expense ratio: 97.1%; rating input score 97
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 14.3%; rating input score 14; 9th percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.8%; rating input score 23; 23rd percentile among comparable filings
- Total-asset coverage ratio: 0.25; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0.26; rating input score 60; 60th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 98; 98th percentile among comparable filings
Growth
- Program expense growth: 3.4% per year; rating input score 100; 25th percentile among comparable filings
- Revenue growth: 2.8% per year; rating input score 100; 20th percentile among comparable filings
- Asset growth: 3.1% per year; rating input score 100; 21st percentile among comparable filings
Details
- Where the money goes: 98.3% of revenue deployed · 97.1% of spending went to programs
- Governance: 1 of 7 board members independent · 7 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $99.9M in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 14/100.
- High — Sustainability: Operating margin scored 23/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.