Public Charity

SOLUTIA INC

SOLUTIA INC, of KINGSPORT, TN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $3.5M in revenue, $5.1M in expenses, $87.4M in total assets.

EIN: 392056615 KINGSPORT, TN Voluntary Employees Beneficiary Associations (Non-Government) NTEE: Y43 Latest filing: 2024
Total Revenue$3.5M
Total Expenses$5.1M
Total Assets$87.4M
Grant Records0
Filing Years2019–2024

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.

Where $100 goes at Solutia Inc

How Solutia Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
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…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VP, LEGAL & CORPORATE SECURITY Clark A Jordan Until 41220
EVP AND CFO Curtis Espeland Until 22820
EVP & CHIEF LEGAL OFFICER Kellye Walker From 41320
SVP, CHIEF HR OFFICER Perry Stuckey
SVP AND CFO William T Mclain From 3120

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $3.5M $5.1M $87.4M
2023 $2.2M $6.3M $89.5M
2022 $3.5M $6.8M $88.9M
2020 $5.9M $7.5M $116.2M
2019 $6.1M $9.0M $112.0M

Between 2019 and 2024, reported annual revenue declined from $6.1M to $3.5M (-43%), with total assets most recently reported at $87.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for SOLUTIA INC

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