Loews Corporation Survivors Income Plan Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 136916482 ✦ New york, NY ✦ Designated as a 501(c)(9)

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Overview

What is Loews Corporation Survivors Income Plan Trust?

Loews Corporation Survivors Income Plan Trust is a nonprofit organization located in New York City, specifically at 9 W 57th ST in the Tax Department on the 20th floor. Its primary mission is to provide survivor benefits to eligible participants of Loews Corporation and its electing subsidiaries, in accordance with the plan agreement. The trust ensures that these participants receive the specified survivor benefits, thus offering financial support during challenging times.


Official website here: www.trust does not have a website

Is Loews Corporation Survivors Income Plan Trust legitimate?

Loews Corporation Survivors Income Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Loews Corporation Survivors 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.trust does not have a website

What is the mission statement of Loews Corporation Survivors Income Plan Trust?

The Loews Corporation Survivors Income Plan Trust's primary role is to deliver survivor benefits to eligible participants from Loews Corporation and its subsidiaries, in accordance with the stipulations outlined in the plan agreement. Its mission is centered around ensuring that the eligible beneficiaries receive their due survivor benefits as outlined in the agreement. The trust operates with the goal of adhering to the terms of the plan agreement, providing the specified survivor benefits to its beneficiaries.


Official website here: www.trust does not have a website

Who is the CEO of Loews Corporation Survivors Income Plan Trust?

Mark Schwartz is the Trustee of Loews Corporation Survivors Income Plan Trust.


Official website here: www.trust does not have a website

What is the revenue of Loews Corporation Survivors Income Plan Trust?

Loews Corporation Survivors Income Plan Trust's revenue in 2022 was $44,289.


Official website here: www.trust does not have a website

Who are the executives of Loews Corporation Survivors Income Plan Trust and what are their salaries?


Here are 4 key members and their salaries:


Jane Wang (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Schwartz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Edelson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Cushing (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.trust does not have a website

Where can I find the form 990 for Loews Corporation Survivors Income Plan Trust?

Loews Corporation Survivors Income Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.trust does not have a website

Learn more at the official website: www.trust does not have a website

Mission Statement of Loews Corporation Survivors Income Plan Trust

Loews Corporation Survivors Income Plan Trust is an entity with a mission to extend survivor benefits to eligible participants of Loews Corporation and its electing subsidiaries, as outlined in the plan agreement. This trust is committed to fulfilling the survivor benefits obligations as per the terms set forth in the agreement. By providing these benefits, the Loews Corporation Survivors Income Plan Trust aims to support the families of those who are part of Loews Corporation and its subsidiaries in times of distress. This provision serves as a safety net, ensuring that the survivors receive the financial assistance they need during challenging periods.

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Impact




October, 2024

Loews Corporation Survivors Income Plan Trust plays a crucial role in ensuring financial security for the eligible participants of Loews Corporation and its electing subsidiaries. By providing specific survivor benefits as outlined in the plan agreement, the trust supports individuals and families during times of loss, helping them maintain a stable financial baseline.

The trust's mission focuses on protecting the welfare of its participants, offering peace of mind through guarantee of income support to survivors. This not only alleviates financial stress but also helps to uphold the overall well-being of the families affected, allowing them to navigate challenging transitions with a measure of security.

In essence, the impact of the Loews Corporation Survivors Income Plan Trust extends beyond mere financial assistance; it reinforces a commitment to the care and support of employees and their families, fostering trust and loyalty within the corporate structure and enhancing the overall workplace environment.




This information is meant to be a general summary of Loews Corporation Survivors 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.

Revenue
$44,289 (2022)
201120122013201420152016201720182019202020212022$0$20,000$40,000$60,000$80,000
Expenses
$91,177 (2022)
201120122013201420152016201720182019202020212022$0$30,000$60,000$90,000$120k
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14,438
  • Program Service Revenue: $29,851
  • Gross Receipts: $44,289

Assets and Liabilities:

  • Total Assets: $937,467
  • Total Liabilities: $1,343
  • Net Assets: $936,124

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PARTICIPANT CONTRIBS

Revenue

$29,851

Organization Details

Founding Year

1988

Principal Officer

Mark Schwartz

Main Address

9 W 57TH ST TAX DEPT 20TH FL, NEW YORK, NY, 100192701

NTEE Category

Code: Y40 - Mutual benefit

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