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Nonprofit · EIN 20-3642680

LOGS EMPLOYEE BENEFIT TR WELFARE BENEFIT PLAN

Tax-exempt (reinstated) · BANNOCKBURN, IL 60015

Financials

$8.9M$8M2023$4.1M$7.3M2024
Revenue Expenses · by fiscal year end
Financials of LOGS EMPLOYEE BENEFIT TR WELFARE BENEFIT PLAN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,131,928$7,325,846-$3,193,918$1,292,883$169,959$1,122,924
December 31, 2023990$8,890,671$7,982,739$907,932$4,189,135$227,125$3,962,010
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,921,752
Investment income
$0
Other revenue
$1,210,176

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$5,306,217
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$4,189,135
Total assets, end of year
$1,292,883
Total liabilities, end of year
$169,959
Net assets, end of year
$1,122,924
Net assets without donor restrictions
$1,122,924
Gross receipts
$4,131,928
Employees
0
Volunteers
0
Year formed
2005
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Jason ShapiroPresident
Officer
40$0$504,792$9,229
Ronald GacheVice Chair - Litigation
Highest-paid employee
40$0$474,319$14,971
Kay SchinkerCOO
Officer
40$0$429,030$6,752
Mark CareyCFO
Officer
40$0$415,715$17,832
Howard SteinbergGeneral Counsel (until 11/6/24)
Highest-paid employee
40$0$267,537$13,778
Ilene CooperVP, Operations - Foreclosure
Highest-paid employee
40$0$274,923$3,255
Jacqueline ComeauCCO
Officer
40$0$257,531$4,734
Christopher PhillipsCLO (until 11/27/24)
Officer
40$0$236,266$14,398
Andrea ThompsonVP, Operations - Bakruptcy
Highest-paid employee
40$0$231,467$18,070
Matthew MurtlandVice Chair - Judicial Foreclosure
Highest-paid employee
40$0$229,342$8,518
Michele WolfCRO
Officer
40$0$212,928$16,121
Gerald ShapiroChairman
Trustee or director, Officer
40$0$23,244$35,994
David KreismanVice Chairman
Trustee or director, Officer
40$0$20,874$30,578
Jamie ZelvinGeneral Counsel
Officer
40$0$9,486$8,263
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Jason ShapiroPresident
Officer
40$0$587,222$19,692
Mark CareyCFO
Officer
40$0$544,551$28,126
Ronald GacheVice Chair - Litigation
Highest-paid employee
40$0$518,501$24,614
Kay SchinkerCOO
Officer
40$0$512,525$18,551
Christopher PhillipsCLO
Officer
40$0$388,701$26,866
Jacqueline ComeauCCO
Officer
40$0$346,312$20,631
Ilene CooperVP, Operations - Foreclosure
Highest-paid employee
40$0$281,946$3,356
Andrea ThompsonVP, Operations - Bankruptcy
Highest-paid employee
40$0$240,614$28,708
Tom PaschenSenior VP, Title Operation
Highest-paid employee
40$0$226,513$28,721
Matthew MurtlandVice Chair- Judicial Foreclosure
Highest-paid employee
40$0$237,900$3,875
Jamie ZelvinGeneral Counsel
Officer
40$0$86,716$17,001
Gerald ShapiroChairman
Trustee or director, Officer
40$0$20,380$42,948
David KreismanVice Chairman
Trustee or director, Officer
40$0$18,089$38,770

Address and contacts

Address (IRS master file)
2121 WAUKEGAN RD STE 300, BANNOCKBURN, IL 60015-1831
In care of
% GERALD B ALT
Principal officer (990 for 2024)
Mark Carey, 2121 Waukegan Road 300, Bannockburn, IL 60015
Signed the 990
Robyn Elko, Executive VP, HR
Phone
(813) 319-5010
Return prepared by
RSM US LLP

Mission

The fund was created for the purpose of accumulating contributions made by the employees and their employer pursuant to the provisions of the underlying health plan and any contributions made by employees and their employer pursuant to a plan in order to provide welfare benefits for employees and beneficiaries as defined in the plan.

990 for the year ended December 31, 2024

Program accomplishments

  • The fund was created for the purpose of accumulating contributions made by the employees and their employer pursuant to the provisions of the underlying health plan and any contributions made by employees and their employer pursuant to a plan in order to provide welfare benefits for employees and beneficiaries as defined in the plan.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-3642680
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,292,883
Income (IRS master file)
$4,131,928

Revocation and reinstatement

Exemption revoked
May 15, 2011
Posted by the IRS
February 22, 2012
Reinstated
Effective May 15, 2011

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,131,928$7,325,846$1,292,883XML
990December 2023$8,890,671$7,982,739$4,189,135XML
990December 2022$7,900,205$6,849,770$2,946,814IRS
990December 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3642680).

Questions about LOGS EMPLOYEE BENEFIT TR WELFARE BENEFIT PLAN

What is the EIN of LOGS EMPLOYEE BENEFIT TR WELFARE BENEFIT PLAN?
The employer identification number (EIN) of LOGS EMPLOYEE BENEFIT TR WELFARE BENEFIT PLAN is 20-3642680.
Is LOGS EMPLOYEE BENEFIT TR WELFARE BENEFIT PLAN tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2011 and reinstated it effective May 15, 2011.
Are donations to LOGS EMPLOYEE BENEFIT TR WELFARE BENEFIT PLAN tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LOGS EMPLOYEE BENEFIT TR WELFARE BENEFIT PLAN file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LOGS EMPLOYEE BENEFIT TR WELFARE BENEFIT PLAN due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LOGS EMPLOYEE BENEFIT TR WELFARE BENEFIT PLAN last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LOGS EMPLOYEE BENEFIT TR WELFARE BENEFIT PLAN?
The 990 for the year ended December 31, 2024 names Mark Carey.
Who are the officers and directors of LOGS EMPLOYEE BENEFIT TR WELFARE BENEFIT PLAN?
The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
How much revenue does LOGS EMPLOYEE BENEFIT TR WELFARE BENEFIT PLAN have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,131,928, expenses of $7,325,846 and total assets of $1,292,883 at year end.

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