Langston Companies Inc Benefit Programs Trust

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

EIN: 581573232 ✦ Memphis, TN ✦ Designated as a 501(c)(9)

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Overview

What is Langston Companies Inc Benefit Programs Trust?

Langston Companies Inc Benefit Programs Trust is a nonprofit entity that prioritizes the well-being of its employees. It offers an array of comprehensive benefits, such as health coverage encompassing hospital, medical, mental health, prescription drugs, dental, and surgical services. Furthermore, the trust provides life insurance, long-term disability, and accidental death and dismemberment coverage. Beyond financial protection, the trust also manages funds within its purview. This multifaceted approach to employee support is designed to ensure the overall well-being of Langston Companies Inc's workforce.

Is Langston Companies Inc Benefit Programs Trust legitimate?

Langston Companies Inc Benefit Programs Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Langston Companies Inc Benefit Programs Trust 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: $1,522
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Langston Companies Inc Benefit Programs Trust?

The Langston Companies Benefit Programs Trust is committed to offering a comprehensive suite of benefits to its employees. These benefits encompass various aspects of health and wellness, including hospital and medical coverage, mental health services, prescription drugs, dental care, and surgical procedures. Additionally, the Trust provides life insurance, long-term disability, and accidental death & dismemberment coverage to safeguard its employees' financial security. Furthermore, the Trust is responsible for managing the funds associated with these benefits.

Who is the CEO of Langston Companies Inc Benefit Programs Trust?

Charles C Shaw is the Trustee of Langston Companies Inc Benefit Programs Trust.

What is the revenue of Langston Companies Inc Benefit Programs Trust?

Langston Companies Inc Benefit Programs Trust's revenue in 2022 was $1,091,121.

Who are the executives of Langston Companies Inc Benefit Programs Trust and what are their salaries?


Here are 4 key members and their salaries:


First Horizon Bank Na (Trustee)
  • Compensation: $1,522
  • Related: $0
  • Other: $0
Robert E Langston (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
George T Parkey (Chief Operating Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles C Shaw (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Langston Companies Inc Benefit Programs Trust?

Langston Companies Inc Benefit Programs Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Langston Companies Inc Benefit Programs Trust

The Langston Companies Benefit Programs Trust, in essence, is dedicated to supporting the well-being of its employees. This trust offers a comprehensive range of benefits, encompassing various aspects of health care, such as hospital stays, medical treatments, mental health services, prescription drugs, dental care, and surgeries. Moreover, it extends its support to employees by providing life insurance, long-term disability coverage, and accidental death and dismemberment benefits. Beyond these health and insurance benefits, the trust also manages the funds of the Trust, ensuring financial security and stability for its employees.

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Impact




October, 2024

Langston Companies Inc Benefit Programs Trust significantly enhances the well-being of its employees by providing a comprehensive range of benefits. These include essential health services such as hospital care, medical treatments, mental health support, prescription medications, dental, and surgical care. Additionally, the Trust offers life insurance and long-term disability coverage, ensuring financial security in times of need. The inclusion of accidental death and dismemberment benefits further protects employees and their families from unforeseen circumstances. By managing the funds associated with these benefits, the Trust plays a crucial role in safeguarding the interests of its members, ultimately fostering a healthier and more secure workforce in Memphis, TN.




This information is meant to be a general summary of Langston Companies Inc Benefit Programs Trust. 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
$1,091,121 (2022)
Expenses
$1,012,822 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,520
  • Program Service Revenue: $1,087,601
  • Gross Receipts: $1,091,121

Assets and Liabilities:

  • Total Assets: $490,722
  • Total Liabilities: $62,179
  • Net Assets: $428,543

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$714,184

EMPLOYEE CONTRIBUTIONS

Revenue

$373,417

Organization Details

Founding Year

1984

Principal Officer

Charles C Shaw

Main Address

PO BOX 60, MEMPHIS, TN, 381010060

NTEE Category

Code: Y40 - Mutual benefit

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