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Nonprofit · EIN 39-2056615

SOLUTIA RETIREE WELFARE TR 98-K079-00-6

Tax-exempt · KINGSPORT, TN 37662

Financials

$2.2M$6.3M2023$3.5M$5.1M2024
Revenue Expenses · by fiscal year end
Financials of SOLUTIA RETIREE WELFARE TR 98-K079-00-6 by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,472,252$5,147,006-$1,674,754$87,377,501$89,469$87,288,032
December 31, 2023990$2,208,356$6,252,248-$4,043,892$89,472,496$95,190$89,377,306
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,026,236
Investment income
$2,446,016
Net gain from sales of assets
-$1,034,987
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$4,698,274
Compensation of officers, directors and key employees
$5,000
Salaries, compensation and benefits (total)
$5,000
Professional fundraising fees
$0
Accounting fees
$68,224

Balance sheet and other

Total assets, start of year
$89,472,496
Total assets, end of year
$87,377,501
Total liabilities, end of year
$89,469
Net assets, end of year
$87,288,032
Publicly traded securities
$85,970,131
Gross receipts
$38,280,026
Employees
0
Volunteers
5
Year formed
2007
State of legal domicile
MO

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 / weekCompensation
NORTHERN TRUST COMPANYTRUSTEE
Institutional trustee
0.5$5,000
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
NORTHERN TRUST COMPANYTRUSTEE
Institutional trustee
0.5$5,000

Address and contacts

Address (IRS master file)
PO BOX 2020, KINGSPORT, TN 37662-2001
In care of
% SOLUTIA INC
Principal officer (990 for 2024)
CHRISTOPHER MCREYNOLDS, 200 S WILCOX DR, KINGSPORT, TN 37660
Signed the 990
CHRISTOPHER MCREYNOLDS, DIRECTOR, GLOBAL COMP & BENEFITS
Phone
(423) 224-0104
Return prepared by
MITCHELL & TITUS LLP

Mission

TO PROVIDE RETIREE MEDICAL, RETIREE LIFE INSURANCE AND DISABILITY BENEFITS ("OTHER POST-EMPLOYMENT BENEFITS OR "OPEB") FOR CERTAIN EMPLOYEES OF SOLUTIA, INC. PURSUANT TO THE AGREEMENT AND INDENTURE OF TRUST MADE EFFECTIVE 2007.

990 for the year ended December 31, 2024

Program accomplishments

  • PURSUANT TO THE FIRST AMENDED AND RESTATED RETIREE SETTLEMENT AGREEMENT DATED JULY 10, 2007, THE SOLUTIA RETIREE WELFARE TRUST WAS ESTABLISHED TO PROVIDE RETIREE MEDICAL, RETIREE LIFE INSURANCE AND DISABILITY BENEFITS ("OTHER POST-EMPLOYMENT BENEFITS OR "OPEB") FOR CERTAIN EMPLOYEES OF SOLUTIA, INC.

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
39-2056615
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$87,377,501
Income (IRS master file)
$38,280,026

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,472,252$5,147,006$87,377,501XML
990December 2023$2,208,356$6,252,248$89,472,496XML
990December 2022$3,472,948$6,796,231$88,859,895IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 39-2056615).

Questions about SOLUTIA RETIREE WELFARE TR 98-K079-00-6

What is the EIN of SOLUTIA RETIREE WELFARE TR 98-K079-00-6?
The employer identification number (EIN) of SOLUTIA RETIREE WELFARE TR 98-K079-00-6 is 39-2056615.
Is SOLUTIA RETIREE WELFARE TR 98-K079-00-6 tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2008.
Are donations to SOLUTIA RETIREE WELFARE TR 98-K079-00-6 tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SOLUTIA RETIREE WELFARE TR 98-K079-00-6 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 SOLUTIA RETIREE WELFARE TR 98-K079-00-6 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 SOLUTIA RETIREE WELFARE TR 98-K079-00-6 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 SOLUTIA RETIREE WELFARE TR 98-K079-00-6?
The 990 for the year ended December 31, 2024 names CHRISTOPHER MCREYNOLDS.
Who are the officers and directors of SOLUTIA RETIREE WELFARE TR 98-K079-00-6?
The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $5,000 (NORTHERN TRUST COMPANY, TRUSTEE).
How much revenue does SOLUTIA RETIREE WELFARE TR 98-K079-00-6 have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,472,252, expenses of $5,147,006 and total assets of $87,377,501 at year end.

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