Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 46-7239612

L&M COMPANIES INC EMPLOYEE BENEFIT TR

Tax-exempt · RALEIGH, NC 27626

Financials

$3M$2.8M2023$2.7M$2.9M2024
Revenue Expenses · by fiscal year end
Financials of L&M COMPANIES INC EMPLOYEE BENEFIT TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,738,704$2,910,687-$171,983$1,338,603$82,000$1,256,603
December 31, 2023990$2,995,291$2,809,113$186,178$1,510,586$82,000$1,428,586
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,690,443
Investment income
$48,261
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$2,848,594
Compensation of officers, directors and key employees
$9,090
Salaries, compensation and benefits (total)
$9,090
Professional fundraising fees
$0
Accounting fees
$44,000
Program services (functional)
$2,848,594
Management and general (functional)
$62,093

Balance sheet and other

Total assets, start of year
$1,510,586
Total assets, end of year
$1,338,603
Total liabilities, end of year
$82,000
Net assets, end of year
$1,256,603
Net assets without donor restrictions
$1,256,603
Gross unrelated business income
$48,261
Gross receipts
$2,738,704
Employees
0
Year formed
2013
State of legal domicile
NC

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
FIRST CITIZENS BANKTRUSTEE
Institutional trustee
1$9,090
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
FIRST CITIZENS BANKTRUSTEE
Institutional trustee
1$8,670

Address and contacts

Address (IRS master file)
PO BOX 29522, RALEIGH, NC 27626-0522
In care of
% JONATHAN C OXFORD
Principal officer (990 for 2024)
MATT DELLASEGA, P O BOX 29522, RALEIGH, NC 27626
Signed the 990
LOUIS VALKER, DIRECTOR
Phone
(919) 716-2669
Return prepared by
ERNST & YOUNG US LLP

Mission

THE PLAN IS A DEFINED CONTRIBUTION HEALTH AND WELFARE BENEFIT PLAN ESTABLISHED TO PROVIDE SPECIFIED HEALTH CARE, DENTAL, DISABILITY, LIFE AND TRAVEL INSURANCE BENEFITS TO ELIGIBLE EMPLOYEES OF L&M COMPANIES, INC., L&M FARMS, INC., L&M WAREHOUSE & PACKING, INC., L&M FARMS OF COLORADO, LLC, AND L&M TRANSPORTATION SERVICES, INC.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE SPECIFIED HEALTH CARE, DENTAL, DISABILITY, LIFE AND TRAVEL INSURANCE BENEFITS TO ELIGIBLE EMPLOYEES OF L&M COMPANIES, INC., L&M FARMS, INC., L&M WAREHOUSE & PACKING, INC., L&M FARMS OF COLORADO, LLC, AND L&M TRANSPORTATION SERVICES, INC. AND THEIR SPOUSE AND/OR COVERED DEPENDENT(S)

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
46-7239612
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,338,603
Income (IRS master file)
$2,738,704

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,738,704$2,910,687$1,338,603XML
990December 2023$2,995,291$2,809,113$1,510,586XML
990December 2022$2,717,214$2,857,052$1,328,694IRS
990December 2021$2,897,509$2,806,305$1,407,052IRS
990December 2020–––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 46-7239612).

Questions about L&M COMPANIES INC EMPLOYEE BENEFIT TR

What is the EIN of L&M COMPANIES INC EMPLOYEE BENEFIT TR?
The employer identification number (EIN) of L&M COMPANIES INC EMPLOYEE BENEFIT TR is 46-7239612.
Is L&M COMPANIES INC EMPLOYEE BENEFIT TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2015.
Are donations to L&M COMPANIES INC EMPLOYEE BENEFIT TR tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does L&M COMPANIES INC EMPLOYEE BENEFIT TR 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 L&M COMPANIES INC EMPLOYEE BENEFIT TR 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 L&M COMPANIES INC EMPLOYEE BENEFIT TR 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 L&M COMPANIES INC EMPLOYEE BENEFIT TR?
The 990 for the year ended December 31, 2024 names MATT DELLASEGA.
Who are the officers and directors of L&M COMPANIES INC EMPLOYEE BENEFIT TR?
The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $9,090 (FIRST CITIZENS BANK, TRUSTEE).
How much revenue does L&M COMPANIES INC EMPLOYEE BENEFIT TR have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,738,704, expenses of $2,910,687 and total assets of $1,338,603 at year end.

Other nonprofits in RALEIGH

All nonprofits in RALEIGH · North Carolina · Mutual and membership benefit