2026-08-18T13:21:08-05:00 2025-10-31 231144520 TAIT WELLER & BAKER LLP 50 SOUTH 16TH STREET SUITE 2900 PHILADELPHIA PA 19102 990 2024-11-01 467526272 PHILA AREA INDPDNT SCHOOL BUSINESS PHIL 4845808844 301 IVEN AVENUE 315 WAYNE PA 19087 DONALD KATES CHIEF FINANCIAL OFFICER 4845808844 2026-08-18 1 0 HARRISON PEREIRA P00746867 2159798800 2026-08-18 2024 2025-03-06 01:10:19Z HEATHER GELTING 301 IVEN AVENUE 315 WAYNE PA 19087 138609064 0 X N/A X 2014 PA THE PAISBOA HEALTH BENEFIT TRUST IS A MULTIPLE EMPLOYER WELFARE ARRANGEMENT (MEWA) TREATED AS A SINGLE EMPLOYEE BENEFIT PLAN UNDER ERISA. ITS SOLE PURPOSE IS TO PROVIDE THE BENEFITS UNDER THE PAISBOA HEALTH BENEFIT PLAN. 17 17 5 17 0 0 0 0 126951823 134497861 1313817 817136 75576 189121 128341216 135504118 0 0 0 0 668425 774014 0 0 0 144436939 144085959 145105364 144859973 -16764148 -9355855 47377646 40940731 26758231 27073066 20619415 13867665 THE PAISBOA HEALTH BENEFIT TRUST IS A MULTIPLE EMPLOYER WELFARE ARRANGEMENT (MEWA) TREATED AS A SINGLE EMPLOYEE BENEFIT PLAN UNDER ERISA. ITS SOLE PURPOSE IS TO PROVIDE THE BENEFITS UNDER THE PAISBOA HEALTH BENEFIT PLAN. 0 0 136250146 134497861 BENEFITS UNDER THE PAISBOA HEALTH BENEFIT PLAN ARE CURRENTLY LIMITED TO MEDICAL, DENTAL, AND VISION BENEFITS. APPROXIMATELY 150 INDEPENDENT EDUCATIONAL INSTITUTIONS THAT ARE MEMBERS OF PAISBOA PARTICIPATE IN THE PAISBOA HEALTH BENEFIT PLAN, FUNDED BY THE PAISBOA HEALTH BENEFIT TRUST. 136250146 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 9 0 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 0 1 1 0 0 1 1 1 0 1 0 0 0 0 X DONALD KATES 4845808844 301 IVEN AVENUE SUITE 315 WAYNE PA 19087 MARTHA SCACHE IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 MICHELE B TODD CHAIR 1.00 X X 0 0 0 MARK GIBBONS VICE CHAIR 1.00 X X 0 0 0 CHRISTINA ABBOTT SECRETARY 1.00 X X 0 0 0 MICHAEL DYSON TREASURER 1.00 X X 0 0 0 FRANK ALOISE DIRECTOR - UNTIL 7/31/25 1.00 X 0 0 0 HUNT BARTINE DIRECTOR 1.00 X 0 0 0 MITCH BILKER DIRECTOR - UNTIL 6/24/25 1.00 X 0 0 0 NANCY CATANIA DIRECTOR 1.00 X 0 0 0 BOB ALISON DIRECTOR 1.00 X 0 0 0 STEPHANIE FEDOROFF DIRECTOR 1.00 X 0 0 0 KIMBERLEY FOWLKES DIRECTOR 1.00 X 0 0 0 ALISON TARGET DIRECTOR 1.00 X 0 0 0 JENNIFER ZIELKE DIRECTOR 1.00 X 0 0 0 KELLEE BOYKINS DIRECTOR 1.00 X 0 0 0 NANCY HALL DIRECTOR 1.00 X 0 0 0 JARED SUSCO DIRECTOR 1.00 X 0 0 0 HEATHER GELTING EXECUTIVE DIRECTOR 40.00 X 260106 0 22065 DONALD KATES CHIEF FINANCIAL OFFICER 40.00 X 219300 0 21866 479406 0 43931 2 0 1 0 CONNER STRONG BUCKELEW COMPANIES LLC TRIAD 1828 CENTER 2 COOPER ST CAMDEN NJ 08101 BENEFITS CONSULTING 1203125 MORGAN LEWIS 2222 MARKET ST PHILADELPHIA PA 19103 LEGAL 105935 2 MEMBER CONTRIBUTIONS 525100 134497861 134497861 134497861 920285 920285 3001797 3104946 -103149 -103149 -103149 MISCELLANEOUS INCOME 900099 96735 96735 COMMISSIONS INCOME 812900 63533 63533 WELLNESS ALLOWANCE 812900 28853 28853 189121 135504118 134590247 0 913871 281551 281551 378970 378970 22821 22821 46532 46532 44140 44140 4336 4336 114383 114383 20900 20900 30869 30869 1296832 1296832 8014 8014 54943 54943 368964 368964 31854 31854 13533 13533 1921 1921 11152 11152 124169 124169 CLAIMS PAID 133465370 133465370 CLAIMS PROCESSOR 5914570 5914570 INSURANCE PREMIUMS 1728593 1728593 ADMINISTRATOR 609396 609396 286160 282169 3991 144859973 136250146 8609827 0 101283 2395 11066608 7060335 8623030 9247041 31332 125092 25797393 22747868 1758000 1758000 47377646 40940731 136592 149582 11991762 12380180 14629877 14543304 26758231 27073066 X 20619415 13867665 20619415 13867665 47377646 40940731 X -9355855 643805 1960300 X 0 1 X 1 0 0 CLAIMS PAYABLE AND CLAIMS INCURRED BUT NOT REPORTED 14543304 14543304 X 136117054 643805 643805 135473249 30869 30869 135504118 144829104 0 144829104 30869 30869 144859973 PART X, LINE 2: MANAGEMENT HAS REVIEWED THE TAX POSITIONS TAKEN IN THE PLAN'S FISCAL YEAR 2022-2024 TAX RETURNS AND EXPECTED TO BE TAKEN IN THE PLAN'S FISCAL YEAR 2025 TAX RETURN AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. 0 0 0 HEATHER GELTING EXECUTIVE DIRECTOR 260106 0 0 0 0 0 15606 0 6459 0 282171 0 0 0 DONALD KATES CHIEF FINANCIAL OFFICER 219300 0 0 0 0 0 13158 0 8708 0 241166 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S MEMBERSHIP IS COMPRISED OF PARTICIPATING SCHOOLS WHO BELONG TO THE PHILADELPHIA AREA INDEPENDENT SCHOOL BUSINESS OFFICERS ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S BOARD OF TRUSTEES MUST BE EMPLOYEES OF PARTICIPATING MEMBER SCHOOLS AND ARE ELECTED BY PARTICIPATING MEMBERS. THE MEMBER SCHOOLS' CONTRIBUTIONS ARE BASED UPON RATES ESTABLISHED WITH INPUT FROM ACTUARIAL AND BENEFIT ADVISORY CONSULTANTS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS CIRCULATED AMONG THE BOARD MEMBERS FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: NET INCREASE IN BENEFIT OBLIGATIONS 1,960,300. ABINGTON FRIENDS SCHOOL ABRAMS HEBREW ACADEMY ACADEMY OF NOTRE DAME DE NAMUR ACADEMY OF THE NEW CHURCH AGNES IRWIN AIM ACADEMY ANCILLAE - ASSUMPTA ACADEMY AQUINAS ACADEMY ARMENIAN SISTERS ACADEMY ASSOCIATION OF DELAWARE VALLEY INDEPENDENT SCHOOLS (ADVIS) BALDWIN SCHOOL BENCHMARK SCHOOL BETHANY CHRISTIAN SCHOOL BUCKINGHAM FRIENDS SCHOOL CASKEY TORAH ACADEMY CEDAR GROVE CHRISTIAN ACADEMY CENTER SCHOOL CHESTNUT HILL COLLEGE CHURCH FARM SCHOOL COMMUNITY PARTNERSHIP CORNERSTONE CHRISTIAN ACADEMY CRANALEITH SPIRITUAL CENTER CRISTO REY PHILADELPHIA HIGH SCHOOL CURTIS INSTITUTE OF MUSIC DELAWARE COUNTY CHRISTIAN SCHOOL DELAWARE VALLEY FRIENDS SCHOOL DELAWARE VALLEY UNIVERSITY EASTERN UNIVERSITY EPISCOPAL ACADEMY FLEISHER ART MEMORIAL FRANKFORD FRIENDS SCHOOL FRIENDS CENTRAL SCHOOL FRIENDS COUNCIL ON EDUCATION FRIENDS SCHOOL OF HAVERFORD FRIENDS SELECT SCHOOL GERMANTOWN ACADEMY GLADWYNE MONTESSORI SCHOOL GOSHEN FRIENDS SCHOOL GRATZ COLLEGE GREENE STREET FRIENDS SCHOOL GREENE TOWNE SCHOOL INC GWYNEDD MERCY ACADEMY HIGH SCHOOL GWYNEDD MERCY UNIVERSITY HARCUM COLLEGE HARRISBURG ACADEMY HMS SCHOOL FOR CHILDREN WITH CEREBRAL PALSY HOLY CHILD ACADEMY HOLY CHILD SCHOOL AT ROSEMONT HOLY FAMILY UNIVERSITY HOLY GHOST PREPARATORY SCHOOL HOPE LUTHERAN SCHOOL HOPE PARTNERSHIP FOR EDUCATION IMMACULATA UNIVERSITY INTERNATIONAL CHRISTIAN HIGH SCHOOL JACK M BARRACK HEBREW ACADEMY KIMBERTON WALDORF SCHOOL KOHELET YESHIVA HIGH SCHOOL INC KOSLOFF TORAH ACADEMY LA SALLE COLLEGE HIGH SCHOOL LA SALLE UNIVERSITY LANCASTER COUNTRY DAY SCHOOL LANSDOWNE FRIENDS SCHOOL LINDEN HALL SCHOOL FOR GIRLS LITITZ AREA MENNONITE SCHOOL LOGAN HOPE SCHOOL MALVERN PREPARATORY SCHOOL MANHEIM CHRISTIAN DAY SCHOOL MANOR COLLEGE MEDIA-PROVIDENCE FRIENDS SCHOOL MERCERSBURG ACADEMY MERCY CAREER & TECHNICAL HIGH SCHOOL MERION MERCY ACADEMY MESSIAH UNIVERSITY MONTESSORI CHILDRENS HOUSE OF VALLEY FORGE MONTGOMERY SCHOOL MOORE COLLEGE OF ART & DESIGN MORAVIAN ACADEMY NEW SCHOOL MONTESSORI NEWTOWN FRIENDS SCHOOL NORWOOD-FONTBONNE ACADEMY OLNEY CHRISTIAN SCHOOL OVERBROOK SCHOOL FOR THE BLIND PA ASSOCIATION OF INDEPENDENT SCHOOLS PAISBOA HEALTH BENEFIT TRUST PEN RYN SCHOOL PENNSYLVANIA ACADEMY OF FINE ARTS PENNSYLVANIA COLLEGE OF ART & DESIGN PENNSYLVANIA INSTITUTE OF TECHNOLOGY PENNSYLVANIA SCHOOL FOR THE DEAF PERELMAN JEWISH DAY SCHOOL PHIL-MONT CHRISTIAN ACADEMY PLUMSTEAD CHRISTIAN SCHOOL PLYMOUTH MEETING FRIENDS SCHOOL QUAKER SCHOOL AT HORSHAM RECONSTRUCTIONIST RABBINICAL COLLEGE RED HILL SCHOOL REGINA ANGELORUM ACADEMY REGINA COELI ACADEMY REVOLUTION SCHOOL SACRED HEART ACADEMY BRYN MAWR SAINT ALOYSIUS ACADEMY FOR BOYS SAINT JAMES SCHOOL SCHOOL OF ROSE VALLEY SEWICKLEY ACADEMY SILVER SPRINGS MARTIN LUTHER SCHOOLS DBA GEMMA SERVICES SOLEBURY SCHOOL SPRINGSIDE CHESTNUT HILL ACADEMY ST EDMUND'S ACADEMY ST JOSEPH'S PREPARATORY SCHOOL ST PETER'S SCHOOL STRATFORD FRIENDS SCHOOL SUSQUEHANNA WALDORF SCHOOL THE CHILDREN'S SCHOOL AT SAINT JOHN'S THE CONCEPT SCHOOL THE CREFELD SCHOOL THE FRENCH INTERNATIONAL SCHOOL THE GESU SCHOOL THE GRIER SCHOOL THE HAVERFORD SCHOOL THE HILL SCHOOL THE HILL TOP PREPARATORY SCHOOL THE INSTITUTES THE JANUS SCHOOL THE KISKI SCHOOL THE MEADOWBROOK SCHOOL THE MIQUON SCHOOL THE MONTESSORI SCHOOL OF DRESHER THE PHELPS SCHOOL THE PHILADELPHIA SCHOOL THE TIMOTHY SCHOOL THE WALDEN SCHOOL THE WALDORF SCHOOL OF PHILADELPHIA UNITED FRIENDS SCHOOL UPLAND COUNTRY DAY SCHOOL URSINUS COLLEGE VALLEY DAY SCHOOL VALLEY FORGE MILITARY ACADEMY VALLEY FORGE MILITARY ACADEMY & COLLEGE VALLEY SCHOOL OF LIGONIER VILLA JOSEPH MARIE HIGH SCHOOL VILLA MARIA ACADEMY (LOWER SCHOOL) VILLA MARIA HIGH SCHOOL VILLA MARIA HOUSE OF STUDIES WALDORF SCHOOL ASSOCIATION OF THE DELAWARE WALDRON MERCY ACADEMY WEST CHESTER FRIENDS SCHOOL WESTTOWN SCHOOL WILLIAM PENN CHARTER SCHOOL WILLIAMSON COLLEGE OF THE TRADES WINDSOR CHRISTIAN ACADEMY WON INSTITUTE OF GRADUATE STUDIES WOODLYNDE SCHOOL WYNDCROFT SCHOOL CHRISTIAN SCHOOL ASSOCIATION OF GREATER HARRISBURG GEORGE SCHOOL KEMPTON NEW CHURCH SCHOOL PERKIOMEN SCHOOL 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0