Learfield Communications Group Benefit Trust Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 472642179 ✦ Jefferson city, MO ✦ Designated as a 501(c)(9)

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Overview

What is Learfield Communications Group Benefit Trust Inc?

Learfield Communications Group Benefit Trust Inc is a nonprofit organization based in Jefferson City, Missouri, specifically located at 505 Hobbs Road. Their primary mission involves offering insurance benefits for employees and their dependents of Learfield Communications Group Inc. Established and maintained by the trust, these health and welfare plans aim to provide life, sick, accident, and other similar benefits for the staff members of the communications group. By ensuring access to essential benefits, the trust contributes significantly to the wellbeing and security of the workforce.

What are the reviews and ratings of this charity?

Learfield Communications Group Benefit Trust Inc is not currently rated by Charity Navigator, which indicates that the organization might not have the necessary data or qualifications needed for an evaluation. This absence of a rating does not imply a negative or positive standing; it merely means that the organization has not yet been assessed under current Charity Navigator methodologies.

Historically, Charity Navigator ratings focused mainly on Accountability and Finance, but the current evaluation method also considers Leadership and Adaptability, Culture and Community, and Impact and Measurement. As Learfield Communications Group Benefit Trust Inc is not a 501(c)(3) organization, it is ineligible for such assessments. Therefore, this organization lacks the full range of financial and operational transparency that a typical 501(c)(3) nonprofit might provide.

There is no information available from GreatNonprofits, as there are no user reviews for Learfield Communications Group Benefit Trust Inc. Without these, we lack personal insights and feedback regarding the public's interactions or satisfaction with the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Learfield Communications Group Benefit Trust Inc legitimate?

Learfield Communications Group Benefit Trust Inc is a legitimate nonprofit organization registered as a 501(c)(9) entity. Learfield Communications Group Benefit Trust Inc 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

What is the mission statement of Learfield Communications Group Benefit Trust Inc?

The Learfield Communications Group Benefit Trust Inc is dedicated to establishing and maintaining health and welfare plans for the employees and their dependents of Learfield Communications Group Inc. The trust aims to provide insurance benefits, including life, sick, and accident coverage, for the aforementioned group. Through these plans, the trust ensures the financial security and wellbeing of its beneficiaries during challenging times. The trust's primary focus is on managing and processing claims, as well as collecting and distributing premiums for these benefits. By offering comprehensive insurance coverage, the trust enables its members to have peace of mind and concentrate on their professional and personal lives.

Who is the CEO of Learfield Communications Group Benefit Trust Inc?

Jeff Martin is the President/Sec/Trustee of Learfield Communications Group Benefit Trust Inc.

What is the revenue of Learfield Communications Group Benefit Trust Inc?

Learfield Communications Group Benefit Trust Inc's revenue in 2020 was $17,688,532.

Who are the executives of Learfield Communications Group Benefit Trust Inc and what are their salaries?

There 3 volunteers at Learfield Communications Group Benefit Trust Inc.


Here are 3 key members and their salaries:


Jeff Martin (President/Sec/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Hupfeld (Treasurer/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Raleigh (Vice President/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Learfield Communications Group Benefit Trust Inc?

Learfield Communications Group Benefit Trust Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Learfield Communications Group Benefit Trust Inc

The Learfield Communications Group Benefit Trust Inc is a dedicated organization that focuses on establishing and managing health and welfare plans for the employees and their dependents of Learfield Communications Group Inc. In simpler terms, this trust aims to provide insurance benefits, encompassing life, sick, accident, and other similar coverages, for the workforce and their family members of Learfield Communications Group.

Through its mission, the Learfield Communications Group Benefit Trust Inc ensures the financial security and wellbeing of its beneficiaries by managing and processing claims and premiums related to group insurance plans. By offering these essential benefits, the trust enables employees to face life's uncertainties with confidence, knowing that they and their loved ones are protected from various health-related risks.

In essence, the Learfield Communications Group Benefit Trust Inc acts as a safety net for the employees and their families, providing them with peace of mind and essential coverage. By managing these insurance plans, the trust makes it possible for Learfield Communications Group Inc to offer competitive benefits packages, attracting and retaining top talent, and fostering a productive and engaged workforce.

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Impact




October, 2024

Learfield Communications Group Benefit Trust Inc significantly impacts the well-being of employees and their dependents by providing a range of essential insurance benefits. Through its structured programs, the trust offers financial support and security in the form of life, sick, accident, and similar benefits. This ensures that employees of Learfield Communications Inc and their families have access to vital health and welfare plans, which are fundamental for managing unforeseen circumstances and safeguarding their livelihood.

By covering claims incurred and facilitating premium payments, the trust not only enhances the quality of life for its beneficiaries but also fosters a supportive work environment, which can lead to increased employee satisfaction and retention. Operating out of Jefferson City, Missouri, Learfield Communications Group Benefit Trust Inc plays a crucial role in promoting mutual benefit within the organization, reinforcing the commitment to employee welfare and health security.




This information is meant to be a general summary of Learfield Communications Group Benefit Trust Inc. 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.

Revenue
$17,688,532 (2020)
Expenses
$17,087,292 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $17,688,224
  • Gross Receipts: $17,688,532

Assets and Liabilities:

  • Total Assets: $2,893,573
  • Total Liabilities: $154,510
  • Net Assets: $2,739,063

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PREMIUMS- GROUP INSURANCE

Revenue

$17,321,905

COBRA CONTRIBUTIONS

Revenue

$366,319

Organization Details

Founding Year

2015

Principal Officer

Jeff Martin

Main Address

505 HOBBS ROAD, JEFFERSON CITY, MO, 65110

NTEE Category

Code: Y20 - Mutual benefit

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