Overview
What is Livewell Health And Welfare Plan Co Freedom Care Llc?
Livewell Health and Welfare Plan Co Freedom Care Llc is a nonprofit organization that functions as fraternal beneficiary societies and voluntary employees associations. Through these operations, they generate significant revenue, recording $26 million in total earnings last year. The primary mission of this organization is to fund and cover benefit expenses for its members.
Is Livewell Health And Welfare Plan Co Freedom Care Llc legitimate?
Livewell Health And Welfare Plan Co Freedom Care Llc is a legitimate nonprofit organization registered as a 501(c)(9) entity. Livewell Health And Welfare Plan Co Freedom Care Llc 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 Livewell Health And Welfare Plan Co Freedom Care Llc?
Livewell Health and Welfare Plan Co Freedom Care Llc functions as fraternal beneficiary societies and voluntary employees associations. The primary objective of this organization is to fund benefit expenses. With a total revenue generation of $26,173,007 in the previous year, Livewell Health and Welfare Plan has been able to support various benefit programs. The organization's activities focus on ensuring the financial viability of these benefit plans for its members. Despite the lack of explicit information regarding the nature or scope of the benefits, it is clear that the organization plays a crucial role in managing and funding these expenses for its community.
Who is the CEO of Livewell Health And Welfare Plan Co Freedom Care Llc?
Yoel Gabay is the Trustee of Livewell Health And Welfare Plan Co Freedom Care Llc.
What is the revenue of Livewell Health And Welfare Plan Co Freedom Care Llc?
Livewell Health And Welfare Plan Co Freedom Care Llc's revenue in 2022 was $43,692,251.
Who are the executives of Livewell Health And Welfare Plan Co Freedom Care Llc and what are their salaries?
There is 1 employee at Livewell Health And Welfare Plan Co Freedom Care Llc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Livewell Health And Welfare Plan Co Freedom Care Llc?
Livewell Health And Welfare Plan Co Freedom Care Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Livewell Health And Welfare Plan Co Freedom Care Llc
Livewell Health and Welfare Plan Co Freedom Care Llc, a fraternal beneficiary society and voluntary employees association, is dedicated to funding benefit expenses. This organization generates substantial revenue, with a total income of $26,173,007 recorded in the previous year.
In essence, Livewell Health and Welfare Plan Co Freedom Care Llc functions as a mutual aid group that pools resources to cover the costs of various benefits. It is not a traditional charity, but rather an association where members contribute and draw from the collective fund when in need. The organization's primary role is to ensure financial support for its members' benefit expenses.
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Impact
October, 2024
Livewell Health and Welfare Plan Co Freedom Care LLC significantly contributes to the well-being of its members by funding benefit expenses primarily through its operations as a fraternal beneficiary society and voluntary employees association. With total revenues of $26,173,007 last year, the organization plays a crucial role in providing financial support for various health and welfare needs, enhancing the overall quality of life for its members in New Hyde Park, NY.
By facilitating access to essential health benefits, Livewell supports a community-focused approach that underscores mutual aid and shared responsibility among its members. This enables individuals and families to better manage healthcare costs, promoting healthier lifestyles and reducing financial stress associated with medical expenses. The impact of Livewell's activities not only benefits individual members but also fosters a sense of solidarity within the communities it serves, reinforcing the importance of mutual assistance and collective well-being.
This information is meant to be a general summary of Livewell Health And Welfare Plan Co Freedom Care Llc. 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: $43,692,251
- Gross Receipts: $43,692,251
Assets and Liabilities:
- Total Assets: $22,422,010
- Total Liabilities: $3,922,988
- Net Assets: $18,499,022
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$43,692,251
Organization Details
Founding Year
2017
Phone
(718) 260-6250Principal Officer
Yoel Gabay
Main Address
1979 Marcus Ave C115, New Hyde Park, NY, 11042
NTEE Category
Code: Y43 - Mutual benefit
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