Crest Industries Employee Benefits Trust

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

EIN: 726101161 ✦ Alexandria, LA ✦ Designated as a 501(c)(9)

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Overview

What is Crest Industries Employee Benefits Trust?

Crest Industries Employee Benefits Trust is a nonprofit organization established to provide health care benefits and life insurance premiums for eligible employees and their dependents within Crest Industries and its affiliates. Based in Alexandria, Louisiana, the trust's main objective is to uphold the health and well-being of its beneficiaries by covering essential medical expenses and life insurance protection. This exempt purpose is outlined in the Crest Industries and Affiliates VEBA Trust, ensuring a comprehensive safety net for its members.

Is Crest Industries Employee Benefits Trust legitimate?

Crest Industries Employee Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Crest Industries Employee Benefits 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Crest Industries Employee Benefits Trust?

The Crest Industries Employee Benefits Trust is established with the primary objective of providing health care and life insurance benefits to eligible employees and their dependents. This is in accordance with the guidelines set forth in the Crest Industries and Affiliates VEBA Trust. The trust's main activity involves covering health care expenses and paying premiums for life insurance for these eligible individuals. The trust's mission is centered around enhancing the well-being and financial security of its beneficiaries.

Who is the CEO of Crest Industries Employee Benefits Trust?

Carol Hendrix is the Committee Member of Crest Industries Employee Benefits Trust.

What is the revenue of Crest Industries Employee Benefits Trust?

Crest Industries Employee Benefits Trust's revenue in 2021 was $6,812,983.

Who are the executives of Crest Industries Employee Benefits Trust and what are their salaries?


Here are 17 key members and their salaries:


Matt Purser (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donnie Roberts (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Bordelon (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Fontenot (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Wimmert (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Daigrepont (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Doss (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tre Fusilier (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Conoboy (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Grassi (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Hendrix (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Tassin (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Alford (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Bordelon (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Twidwell (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Blair (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Argent Trust Co Of La (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Crest Industries Employee Benefits Trust?

Crest Industries Employee Benefits Trust's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Crest Industries Employee Benefits Trust

Crest Industries Employee Benefits Trust is dedicated to fulfilling an exempt purpose, focusing on providing health care and life insurance benefits to eligible employees and their dependents, as outlined in the Crest Industries and Affiliates VEBA Trust. This nonprofit organization's mission is to ensure the payment of health care benefits and life insurance premiums for the employees and their dependents associated with Crest Industries and its affiliates. By doing so, Crest Industries Employee Benefits Trust plays a crucial role in enhancing the overall well-being and financial security of its beneficiaries.

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Impact




October, 2024

Crest Industries Employee Benefits Trust plays a crucial role in enhancing the well-being of eligible employees and their dependents by providing essential health care and life insurance benefits. By ensuring access to these vital services, the Trust supports not only the individual health of employees but also contributes to the overall stability and productivity of the workforce at Crest Industries and its affiliates.

This initiative facilitates the payment of health care benefits and life insurance premiums, thereby mitigating financial burdens associated with medical expenses and life coverage. The Trust fosters a sense of security among employees, enabling them to focus on their work with the peace of mind that their health and that of their families is prioritized. Ultimately, the Crest Industries Employee Benefits Trust is instrumental in promoting mutual benefit, enhancing employee satisfaction, and fostering a loyal and dedicated workforce.




This information is meant to be a general summary of Crest Industries Employee Benefits 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
$6,812,983 (2021)
Expenses
$5,354,765 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $1,222
  • Program Service Revenue: $6,811,761
  • Gross Receipts: $6,812,983

Assets and Liabilities:

  • Total Assets: $2,486,733
  • Total Liabilities: $16
  • Net Assets: $2,486,717

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Programs

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

EMPLOYER/EMPLOYEE CONT

Revenue

$6,811,761

Organization Details

Founding Year

1982

Principal Officer

Carol Hendrix

Main Address

PO BOX 6115, ALEXANDRIA, LA, 71307

NTEE Category

Code: Y40 - Mutual benefit

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