International Paper Company Salaried Retiree Med Svgs Prog Trst is a Public Charity headquartered in Memphis, TN. Financial data from the 2024 filing: $6.5M revenue, $5.5M expenses, $70.3M total assets.
SOLE ACTIVITY IS TO PROVIDE A VEHICLE FOR ELIGIBLE ACTIVE EMPLOYEES OF INTERNATIONAL PAPER COMPANY TO SAVE FOR CERTAIN FUTURE RETIREE MEDICAL EXPENSES AND THEN OBTAIN REIMBURSEMENT FROM THE TRUST AFTER RETIREMENT FOR THOSE EXPENSES. PURPOSE OF ACTIVITY IS TO ASSIST PARTICIPANTS IN MEETING THEIR COSTS OF POST-RETIREMENT MEDICAL CARE.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $6.5M | $5.5M | $70.3M |
| 2023 | $6.5M | $5.5M | $69.3M |
| 2022 | $5.3M | $5.6M | $67.5M |
| 2020 | $6.1M | $4.9M | $74.0M |
| 2019 | $7.3M | $4.1M | $71.9M |
Between 2019 and 2024, reported annual revenue declined from $7.3M to $6.5M (-10%), with total assets most recently reported at $70.3M.
Interactive year-over-year charts and full filing details available with membership.
