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New Leaf National Trust

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

EIN: 830614420 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is New Leaf National Trust?

New Leaf National Trust is a nonprofit organization situated in Indianapolis, Indiana. Its primary mission is to offer specialized trust services to individuals who receive means-tested benefits, such as Medicaid and SSI, following personal injury, medical malpractice, class action, or other lawsuits. The organization prides itself on delivering the highest level of compassionate, swift, and competent service through its pooled special needs trust. With a staff of six dedicated professionals, New Leaf National Trust is committed to ensuring that those who rely on means-tested benefits can access the support they need during challenging times.


Official website here: www.newleafsnt.org

Is New Leaf National Trust legitimate?

New Leaf National Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Leaf National 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: $284,359

For more financial information, click here


Official website here: www.newleafsnt.org

What is the mission statement of New Leaf National Trust?

The New Leaf National Trust is committed to providing the finest, most compassionate, and fastest service to individuals who have received Medicaid, SSI, or other means-tested benefits due to personal injury, medical malpractice, class action, or other lawsuits. This service is offered through a pooled special needs trust. The trust aims to offer this service with the utmost competence, legal expertise, and understanding. The mission of the New Leaf National Trust is to ensure that these individuals receive the assistance they need in the most efficient manner possible.


Official website here: www.newleafsnt.org

Who is the CEO of New Leaf National Trust?

Larry Cagle is the Director of New Leaf National Trust.


Official website here: www.newleafsnt.org

What is the revenue of New Leaf National Trust?

New Leaf National Trust's revenue in 2022 was $169,838.


Official website here: www.newleafsnt.org

Who are the executives of New Leaf National Trust and what are their salaries?

The average compensation at New Leaf National Trust during 2022 was $47,393. There are 6 employees at New Leaf National Trust.


Here are 9 key members and their salaries:


Matt Raymond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey L Binkley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Clasen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Cosgriff (Director)
  • Compensation: $100,000
  • Related: $0
  • Other: $0
Kenn Barbee (Director)
  • Compensation: $83,462
  • Related: $0
  • Other: $0
Larry Cagle (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Leblanc (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Hargrove (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Nead (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newleafsnt.org

Where can I find the form 990 for New Leaf National Trust?

New Leaf National Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newleafsnt.org

Learn more at the official website: www.newleafsnt.org

Mission Statement of New Leaf National Trust

New Leaf National Trust is dedicated to offering the finest, most compassionate, and quickest service possible to individuals who receive Medicaid, SSI, or other means-tested benefits and have been injured in personal injury, medical malpractice, class action, or other lawsuits. This nonprofit organization operates with a high level of competence, legal expertise, and understanding, providing them with pooled special needs trust services. The primary goal of New Leaf National Trust is to ensure that these individuals receive the support they need during a challenging time in their lives.

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Impact




October, 2024

New Leaf National Trust significantly impacts individuals who rely on Medicaid, SSI, and other means-tested benefits, particularly those who have faced personal injuries or medical malpractice. By offering pooled special needs trust services, it ensures that disabled individuals receive the highest level of support and care tailored to their unique circumstances.

The organization focuses on delivering compassionate and rapid assistance, making a crucial difference for clients navigating the complexities of legal and financial systems after experiencing trauma. Its commitment to legal expertise and competent management not only provides financial security but also empowers these individuals to maintain their benefits while accessing necessary resources for their rehabilitation and well-being. Overall, New Leaf National Trust plays a vital role in enhancing the quality of life for those it serves, fostering hope and resilience in challenging situations.




This information is meant to be a general summary of New Leaf National 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
$169,838 (2022)
Expenses
$564,682 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $169,838
  • Gross Receipts: $169,838

Assets and Liabilities:

  • Total Assets: $14,326,152
  • Total Liabilities: $15,240,776
  • Net Assets: -$914,624

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Programs

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

PROGRAM SERVICE FEES

Revenue

$169,838

Organization Details

Founding Year

2019

Principal Officer

Larry Cagle

Main Address

PO BOX 501877, INDIANAPOLIS, IN, 462506877

NTEE Category

Code: E60 - Health

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