Overview
What is Lorillard Tobacco Company Survivor's Income Plan Trust?
The Lorillard Tobacco Company Survivor's Income Plan Trust is a designated entity, established with the purpose of providing survivorship benefits to eligible participants of Lorillard Tobacco Company, in accordance with the stipulations outlined in their plan agreement. This trust operates from its location in Winston-Salem, North Carolina. The specifics of the activities or schedule of operations are not provided in the information, as indicated by "See Schedule O."
Is Lorillard Tobacco Company Survivor's Income Plan Trust legitimate?
Lorillard Tobacco Company Survivor's Income Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Lorillard Tobacco Company Survivor's Income Plan Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,066
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Lorillard Tobacco Company Survivor's Income Plan Trust?
The Lorillard Tobacco Company Survivor's Income Plan Trust was established with the purpose of providing eligible participants from Lorillard Tobacco Company with survivorship benefits, as outlined in the plan agreement. This trust operates according to the terms set forth in the plan agreements, providing financial assistance to the designated beneficiaries. The trust's activities are centered around the distribution of survivorship benefits to eligible individuals following certain events, as specified in the plan agreements. The trust serves to offer financial support during challenging times, ensuring that the beneficiaries receive the survivorship benefits they are entitled to according to the plan agreements.
Who is the CEO of Lorillard Tobacco Company Survivor's Income Plan Trust?
Anthony Petitt is the Bank Trustee of Lorillard Tobacco Company Survivor's Income Plan Trust.
What is the revenue of Lorillard Tobacco Company Survivor's Income Plan Trust?
Lorillard Tobacco Company Survivor's Income Plan Trust's revenue in 2022 was $39,738.
Who are the executives of Lorillard Tobacco Company Survivor's Income Plan Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $1,066
- Related: $0
- Other: $0
Where can I find the form 990 for Lorillard Tobacco Company Survivor's Income Plan Trust?
Lorillard Tobacco Company Survivor's Income Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lorillard Tobacco Company Survivor's Income Plan Trust
The Lorillard Tobacco Company Survivor's Income Plan Trust was established with a specific mission in mind. Its primary objective is to provide eligible participants of Lorillard Tobacco Company with certain survivorship benefits, as outlined in the plan agreement. This trust serves as a means of offering financial support to individuals who fall under the specified criteria, ensuring they receive the benefits they are entitled to following certain circumstances. The trust operates according to the guidelines set forth in the plan agreement, providing a safety net for eligible Lorillard Tobacco Company employees and their families.
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Impact
October, 2024
The Lorillard Tobacco Company Survivor's Income Plan Trust plays a critical role in providing essential survivorship benefits to eligible participants associated with Lorillard Tobacco Company. Established to ensure financial support, the trust operates under a defined plan agreement that stipulates the specific benefits available to participants and their beneficiaries.
By offering these survivor benefits, the trust aids in alleviating financial burdens that may arise after the loss of an eligible participant. This support contributes to improved stability for families, allowing them to maintain their quality of life during challenging times. The trust's operations in Winston-Salem, NC, further demonstrate its commitment to serving the community tied to Lorillard Tobacco Company. Overall, the Survivor's Income Plan Trust fulfills an important function by ensuring that participants and their loved ones have access to necessary financial resources after the death of an eligible member.
This information is meant to be a general summary of Lorillard Tobacco Company Survivor's Income Plan Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $39,738
- Gross Receipts: $39,738
Assets and Liabilities:
- Total Assets: $2,646,820
- Total Liabilities: $0
- Net Assets: $2,646,820
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Organization Details
Founding Year
1997
Phone
(336) 741-1527Principal Officer
Anthony Petitt
Main Address
PO BOX 2866, WINSTONSALEM, NC, 27102
NTEE Category
Code: Y40 - Mutual benefit
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