Overview
What is Leggett & Platt Incorporated Employee Benefit Fund?
Leggett & Platt Incorporated Employee Benefit Fund is a nonprofit organization based in Carthage, Missouri. Its primary focus is to offer health insurance and welfare benefits to eligible members as stated in their plans. With over 5,700 members as of December 31, 2022, they have worked on processing 131,898 claims in the same year. The fund aims to ensure payment for hospitalization and medical expenses, contributing significantly to the wellbeing of its members.
Is Leggett & Platt Incorporated Employee Benefit Fund legitimate?
Leggett & Platt Incorporated Employee Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Leggett & Platt Incorporated Employee Benefit Fund 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
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What is the mission statement of Leggett & Platt Incorporated Employee Benefit Fund?
The Leggett & Platt Incorporated Employee Benefit Fund is dedicated to delivering hospitalization, medical, and other welfare benefits to eligible individuals as outlined in the plans. Its primary mission is to ensure the provision of these benefits to those who qualify. The fund processes a significant number of claims each year, amounting to 131,898 in 2022, to cater to the health and welfare needs of its 5,747 members. The organization's purpose is to maintain and oversee the distribution of these benefits, enabling eligible individuals to access essential healthcare services and maintain their wellbeing.
Who is the CEO of Leggett & Platt Incorporated Employee Benefit Fund?
Charles P Hutchins is the Trustee - Partner of Leggett & Platt Incorporated Employee Benefit Fund.
What is the revenue of Leggett & Platt Incorporated Employee Benefit Fund?
Leggett & Platt Incorporated Employee Benefit Fund's revenue in 2022 was $70,022,003.
Who are the executives of Leggett & Platt Incorporated Employee Benefit Fund and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Leggett & Platt Incorporated Employee Benefit Fund?
Leggett & Platt Incorporated Employee Benefit Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Leggett & Platt Incorporated Employee Benefit Fund
Leggett & Platt Incorporated Employee Benefit Fund is a mission-driven organization dedicated to extending assistance to eligible individuals by offering hospitalization, medical, and other essential welfare benefits, as defined by the plans. The Fund's primary goal is to ensure the financial well-being of its members during times of health-related needs. With a commitment to providing crucial benefits, the Fund caters to a total membership of 5,747 individuals, all of whom are eligible according to the plan's specifications.
Throughout the year 2022, the Leggett & Platt Incorporated Employee Benefit Fund processed a considerable number of claims, amounting to 131,898. By meticulously working through each claim, the organization was able to provide vital support and financial relief to its members. The Fund's operation entails more than just the processing of claims; it is a safety net that offers peace of mind to its members, allowing them to focus on their recovery rather than worrying about the financial burden of healthcare costs. In summary, the Leggett & Platt Incorporated Employee Benefit Fund acts as a dedicated partner to its members, offering essential benefits and financial security during their times of need.
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Impact
October, 2024
The Leggett & Platt Incorporated Employee Benefit Fund plays a crucial role in enhancing the well-being of its members by providing essential medical and welfare benefits. With a membership of 5,747 individuals as of December 31, 2022, the fund actively ensures that eligible individuals receive necessary support for hospitalization and medical expenses. In 2022 alone, the fund managed a significant volume of healthcare claims, processing 131,898 claims, underscoring its commitment to facilitating access to health services for its members. By focusing on the payment of healthcare benefits, this fund contributes to the financial security and health of its members, fostering a sense of community and support among those associated with Leggett & Platt in Carthage, Missouri.
This information is meant to be a general summary of Leggett & Platt Incorporated Employee Benefit Fund. 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: $70,022,003
- Gross Receipts: $70,022,003
Assets and Liabilities:
- Total Assets: $424,140
- Total Liabilities: $0
- Net Assets: $424,140
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$53,581,252
Participant Contributions
Revenue
$16,440,751
Organization Details
Founding Year
1987
Phone
(417) 358-8131Principal Officer
Charles P Hutchins
Main Address
PO Box 757, Carthage, MO, 64836
NTEE Category
Code: Y40 - Mutual benefit
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