NonprofitsCopolymer Retirees Trust

Mutual & Membership Benefit

Copolymer Retirees Trust

BATON ROUGE, LA

Total revenue

$1.1M

Total expenses

$1.4M

Net assets

$5.0M

Grants received

EIN

204982669

Tax year

2023

Mission

The Trust was set-up and initially funded by DSM Copolymer Inc. to assume the liabilities from it for medical and life insurance for its retirees beneficiaries and dependents and now includes a voluntary participant funded dental benefit. The VEBA services 330 participants as of August 31 2022.

Programs

1 program

None

0

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$672K
Investment income$427K
Other revenue
Total revenue$1.1M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$412K
Total expenses$1.4M
Total assets$5.0M
Net assets$5.0M

People

5 listed

NameRoleCompensation

George A von Bodungen

Chairman of the Board

Board

0

Ralph A Joffrion

Board Member

Board

0

Albert H Bacas

Board Member

Board

0

Shirley Cowart

Board Member

Board

0

Edward Richardson

Board Member

Board

0

Independent contractors

Business Legacy Management

Trust Administrator

$201K

Details

EIN204982669
NTEE codeY43
Subsection09
Ruling date2007-09
Formed2006
Employees0
Volunteers0
COPOLYMER RETIREES TRUST — Mission, Financials & Grants Received | Grantivo