Overview
What is Logs Employee Benefit Plan?
Logs Employee Benefit Plan is a nonprofit establishment situated in Bannockburn, Illinois. Its primary function is to collect funds from employees and their employers, in accordance with the provisions of their health plan and any additional contributions made under a different plan. The accumulated funds serve the purpose of offering welfare benefits to the employees and their beneficiaries, as defined in the plan. The organization's mission is centered around providing essential support and benefits to its employees and their dependents.
Official website here: www.logs.com
Is Logs Employee Benefit Plan legitimate?
Logs Employee Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Logs Employee Benefit Plan submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.logs.com
What is the mission statement of Logs Employee Benefit Plan?
The Logs Employee Benefit Plan was established with the primary objective of accumulating contributions from employees and their employers, as per the provisions of their health plan and any additional plans. The primary purpose of these contributions is to provide welfare benefits for the employees and their beneficiaries, as defined in the plan. This fund serves to support the well-being of its members by offering welfare benefits, contributing to their overall well-being and quality of life.
Official website here: www.logs.com
Who is the CEO of Logs Employee Benefit Plan?
Mark Carey is the Cfo of Logs Employee Benefit Plan.
Official website here: www.logs.com
What is the revenue of Logs Employee Benefit Plan?
Logs Employee Benefit Plan's revenue in 2022 was $7,900,205.
Official website here: www.logs.com
Who are the executives of Logs Employee Benefit Plan and what are their salaries?
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $19,143
- Other: $41,719
- Compensation: $0
- Related: $15,873
- Other: $36,734
- Compensation: $0
- Related: $500,507
- Other: $19,633
- Compensation: $0
- Related: $433,984
- Other: $16,856
- Compensation: $0
- Related: $349,192
- Other: $27,780
- Compensation: $0
- Related: $224,191
- Other: $20,342
- Compensation: $0
- Related: $220,540
- Other: $26,439
- Compensation: $0
- Related: $182,648
- Other: $11,554
- Compensation: $0
- Related: $582,794
- Other: $25,748
- Compensation: $0
- Related: $247,723
- Other: $3,064
- Compensation: $0
- Related: $223,803
- Other: $22,191
- Compensation: $0
- Related: $217,830
- Other: $27,333
- Compensation: $0
- Related: $209,553
- Other: $35,466
Official website here: www.logs.com
Where can I find the form 990 for Logs Employee Benefit Plan?
Logs Employee Benefit Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.logs.com
Learn more at the official website: www.logs.com
Mission Statement of Logs Employee Benefit Plan
Logs Employee Benefit Plan, as its name suggests, was established with a mission to accumulate contributions from both employees and their employers, in accordance with their health plan provisions and any additional contributions made through an associated plan. This accumulation of funds serves a specific purpose: to provide welfare benefits for the plan's employees and their beneficiaries, as defined within the plan itself. In simpler terms, Logs Employee Benefit Plan was created to collect and utilize funds to offer various forms of support and assistance to its employees and their designated dependents, in line with the guidelines outlined in the associated health plan and any additional plans. The goal of this nonprofit organization is to improve the well-being of its employees and beneficiaries through the provision of welfare benefits, as defined within the plan.
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Impact
October, 2024
The Logs Employee Benefit Plan significantly impacts both employees and their beneficiaries by providing a structured means of accumulating contributions from both workers and employers. This accumulation is designed to ensure that employees have access to welfare benefits, as outlined in the health plan. By fostering a collaborative approach to funding these benefits, the plan enhances the financial security and well-being of employees and their families.
Moreover, the establishment of such a fund in Bannockburn, IL, demonstrates a commitment to community improvement by prioritizing employee welfare, which in turn can enhance overall workforce morale and productivity. By ensuring that employees are supported through health and welfare benefits, the plan not only addresses immediate health needs but also contributes to the long-term stability and satisfaction of the workforce. Consequently, this initiative promotes a healthier community where individuals feel valued and cared for, further amplifying its positive impact on local development and community cohesion.
This information is meant to be a general summary of Logs Employee Benefit Plan. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $6,374,916
- Gross Receipts: $7,900,205
Assets and Liabilities:
- Total Assets: $2,946,814
- Total Liabilities: $190,528
- Net Assets: $2,756,286
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Company Contributions
Revenue
$4,345,445
Participants' Contributions
Revenue
$2,005,674
COBRA Contributions
Revenue
$23,797
Organization Details
Founding Year
2005
Phone
(813) 319-5010Principal Officer
Mark Carey
Main Address
2121 Waukegan Road 300, Bannockburn, IL, 60015
Website
www.logs.comNTEE Category
Code: S43 - Community improvement
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