NonprofitsInternational Paper Companies Salaried Retiree Med Sav Prog Tr

International Paper Companies Salaried Retiree Med Sav Prog Tr

MEMPHIS, TN

Total revenue

$6.5M

Total expenses

$5.5M

Net assets

$70.3M

Grants received

EIN

621531551

Tax year

2024

Mission

Sole activity is to provide a vehicle for eligible active employees of international paper company to save for certain future retiree medical expenses and then obtain reimbursement from the trust after retirement for those expenses. Purpose of activity is to assist participants in meeting their costs of post-retirement medical care.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$3.7M
Investment income$2.8M
Other revenue
Total revenue$6.5M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$113K
Total expenses$5.5M
Total assets$70.3M
Net assets$70.3M

People

3 listed

NameRoleCompensation

CAROL W TUSCH

PLAN FINANCIAL OFFICER

Board

1 hrs/wk

NICOLE CODY

VP, TOTAL REWARDS

Board

1 hrs/wk

STATE STREET BANK AND TRUST

TRUSTEE

Board

Details

EIN621531551
Subsection09
Ruling date1997-01
Formed1992
Employees185
Volunteers0
INTERNATIONAL PAPER COMPANIES SALARIED RETIREE MED SAV PROG TR — Mission, Financials & Grants Received | Grantivo