Overview
What is Lw Texas Construction Veba Trust?
Lw Texas Construction Veba Trust is a nonprofit organization based in Lubbock, Texas, at 6609 Toledo Avenue, Suite 1, with a mission to provide life, sick, accident, or other benefits to its members, their dependents, or their designated beneficiaries. The organization's primary focus is on offering these benefits, and most of its operations are geared towards fulfilling this purpose. Employees can extend these benefits to their families, and they have the option to pay the additional premiums themselves if needed. The Trust's operations aim to ensure the provision and continuation of these crucial benefits for its members.
Official website here: www.livewellhsa.com
What are the reviews and ratings of this charity?
The Lw Texas Construction Veba Trust is not currently rated by Charity Navigator, as it lacks the necessary Accountability & Finance or Impact & Measurement beacons required for evaluation. The absence of a rating from Charity Navigator does not imply a negative or positive assessment; it simply indicates that the necessary financial data and impact measures are not available or applicable.
This organization is not registered as a 501(c)(3) nonprofit, which is typically associated with tax-exempt, charitable organizations that are eligible for tax-deductible contributions. Consequently, Charity Navigator cannot evaluate its Leadership & Adaptability, Culture & Community, or Impact & Measurement due to its different IRS classification.
There is no provided data on the total revenue, expenses, or salary of key persons for Lw Texas Construction Veba Trust. Charity Navigator notes that it is an independent organization but lacks sufficient data for comprehensive financial evaluation or insights into its operational impact. Without these insights, it's challenging to make a detailed assessment of the organization’s effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Lw Texas Construction Veba Trust legitimate?
Lw Texas Construction Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Lw Texas Construction Veba 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
Official website here: www.livewellhsa.com
What is the mission statement of Lw Texas Construction Veba Trust?
The Lw Texas Construction Veba Trust is committed to providing life, sickness, accident, or other benefits to its members, their dependents, or their designated beneficiaries. The organization's primary focus is on ensuring the availability of these benefits, with substantially all of its operations dedicated to their provision. Employees with sufficient premiums can extend coverage to their families, although the specifics may vary. The Trust enables its members to have the peace of mind that comes with knowing they have financial support during challenging times. With the promise of benefits as its founding principle, the Trust aims to enhance the well-being and security of its member base.
Official website here: www.livewellhsa.com
Who is the CEO of Lw Texas Construction Veba Trust?
Daniel Armstrong is the Secretary/Tr of Lw Texas Construction Veba Trust.
Official website here: www.livewellhsa.com
What is the revenue of Lw Texas Construction Veba Trust?
Lw Texas Construction Veba Trust's revenue in 2022 was $12,292,801.
Official website here: www.livewellhsa.com
Who are the executives of Lw Texas Construction Veba Trust and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.livewellhsa.com
Where can I find the form 990 for Lw Texas Construction Veba Trust?
Lw Texas Construction Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.livewellhsa.com
Learn more at the official website: www.livewellhsa.com
Mission Statement of Lw Texas Construction Veba Trust
Lw Texas Construction Veba Trust, a mission-driven organization, is dedicated to offering life, sick, accident, or other benefits to its members, their dependents, and designated beneficiaries. The trust's primary objective is to ensure the well-being of its members by providing essential benefits that cater to various unforeseen circumstances. Lw Texas Construction Veba Trust's operations are centered around the provision of these benefits, making up the substantial core of its activities.
Employees of the trust, given sufficient premiums, have the opportunity to expand coverage to their families, though the specifics of this can vary. The trust enables its members to make a personal choice to add the premium for their family members at their own expense. Lw Texas Construction Veba Trust's commitment to its members' well-being is unwavering, with substantially all of its operations dedicated to furthering the provisions of the aforementioned benefits.
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Impact
October, 2024
Lw Texas Construction VEBA Trust plays a significant role in enhancing the financial security and well-being of its members and their families. By providing life, sick, accident, and other related benefits, it ensures that individuals have access to crucial support in times of need. The availability of these benefits not only eases the financial burden during critical life events but also promotes peace of mind among members, allowing them to focus on recovery and care.
Additionally, the trust facilitates the option for employees to include their dependents, which fosters a sense of community and collective support among members. This inclusivity strengthens social ties and creates a supportive network, ultimately contributing to a healthier workforce. Overall, the impact of Lw Texas Construction VEBA Trust goes beyond financial assistance; it cultivates camaraderie, enhances workplace morale, and empowers individuals to manage life's uncertainties more effectively.
This information is meant to be a general summary of Lw Texas Construction Veba 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $12,292,801
- Gross Receipts: $12,292,801
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BENEFIT PAID - EMPLOYEE CON
Revenue
$11,588,977
BENEFIT PAID - EMPLOYER CON
Revenue
$703,824
Organization Details
Founding Year
2017
Principal Officer
Daniel Armstrong
Main Address
6609 TOLEDO AVENUE SUITE 1, LUBBOCK, TX, 79414
Website
www.livewellhsa.comNTEE Category
Code: Y43 - Mutual benefit
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