Civic Intelligence

Solutia Inc

EIN 39-2056615 • 501(c)9 • Kingsport, TN

Profile

To provide welfare benefits

200 S Wilcox DrKingsport, TN 37660

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

24th percentile

0.00x

Higher debt load relative to assets than 24% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

45th percentile

0.03x

Higher debt load relative to revenue than 45% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Net Margin

6th percentile

-48%

Higher net margin than 6% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

22nd percentile

-2.3%

Faster asset growth than 22% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

57%

Faster revenue growth than 94% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets24th percentile

Assets

Down

$87,377,501

Down $2,094,995 (-2.3%) from 2023

Liabilities

Down

$89,469

Down $5,721 (-6.0%) from 2023

Net Assets

Down

$87,288,032

Down $2,089,274 (-2.3%) from 2023

Operations
Liabilities / Revenue45th percentileNet Margin6th percentile

Revenue

Up

$3,472,252

Up $1,263,896 (+57%) from 2023

Expenses

Down

$5,147,006

Down $1,105,242 (-18%) from 2023

Net Income

Up

-$1,674,754

Up $2,369,138 (+59%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth22nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200M$150M$100M$50M$0Assets 2011: $159,287,192Liabilities 2011: $0Net Assets 2011: $159,287,1922011Assets 2012: $156,993,734Liabilities 2012: $0Net Assets 2012: $156,993,7342012Assets 2013: $136,114,323Liabilities 2013: $0Net Assets 2013: $136,114,3232013Assets 2014: $134,193,566Liabilities 2014: $0Net Assets 2014: $134,193,5662014Assets 2015: $120,509,440Liabilities 2015: $0Net Assets 2015: $120,509,4402015Assets 2016: $115,126,932Liabilities 2016: $192,839Net Assets 2016: $114,934,0932016Assets 2017: $115,103,455Liabilities 2017: $9,070Net Assets 2017: $115,094,3852017Assets 2018: $107,951,609Liabilities 2018: $1,463,688Net Assets 2018: $106,487,9212018Assets 2019: $111,970,006Liabilities 2019: $94,796Net Assets 2019: $111,875,2102019Assets 2020: $116,242,046Liabilities 2020: $1,025,059Net Assets 2020: $115,216,9872020Assets 2021: $108,627,625Liabilities 2021: $1,239,033Net Assets 2021: $107,388,5922021Assets 2022: $88,859,895Liabilities 2022: $314,719Net Assets 2022: $88,545,1762022Assets 2023: $89,472,496Liabilities 2023: $95,190Net Assets 2023: $89,377,3062023Assets 2024: $87,377,501Liabilities 2024: $89,469Net Assets 2024: $87,288,0322024

Highlighted filing

2024

Assets$87,377,501
Liabilities$89,469
Net Assets$87,288,032
Open 2024 Filing

Operations Trend

Revenue Growth94th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10M-$20MRevenue 2011: $7,605,701Expenses 2011: $20,771,369Net Income 2011: -$13,165,6682011Expenses 2012: $20,716,3862012Revenue 2013: $4,561,292Expenses 2013: $16,779,508Net Income 2013: -$12,218,2162013Revenue 2014: $5,292,286Expenses 2014: $13,385,294Net Income 2014: -$8,093,0082014Revenue 2015: $10,517,372Expenses 2015: $18,662,453Net Income 2015: -$8,145,0812015Revenue 2016: $9,659,824Expenses 2016: $16,542,800Net Income 2016: -$6,882,9762016Revenue 2017: $7,834,461Expenses 2017: $9,389,841Net Income 2017: -$1,555,3802017Revenue 2018: $6,667,451Expenses 2018: $10,142,223Net Income 2018: -$3,474,7722018Revenue 2019: $6,070,067Expenses 2019: $9,004,722Net Income 2019: -$2,934,6552019Revenue 2020: $5,920,241Expenses 2020: $7,520,848Net Income 2020: -$1,600,6072020Revenue 2021: $6,338,046Expenses 2021: $7,938,924Net Income 2021: -$1,600,8782021Revenue 2022: $3,472,948Expenses 2022: $6,796,231Net Income 2022: -$3,323,2832022Revenue 2023: $2,208,356Expenses 2023: $6,252,248Net Income 2023: -$4,043,8922023Revenue 2024: $3,472,252Expenses 2024: $5,147,006Net Income 2024: -$1,674,7542024

Highlighted filing

2024

Revenue$3,472,252
Expenses$5,147,006
Net Income-$1,674,754
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$87,377,501
Liabilities
$89,469
Net assets
$87,288,032
Revenue
$3,472,252
Expenses
$5,147,006
Net income
-$1,674,754
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$87.4$0.09$87.3$3.47$5.15$1.67
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$89.5$0.10$89.4$2.21$6.25$4.04
2022Detailed filing. Detailed filing data is available for this year.$88.9$0.31$88.5$3.47$6.80$3.32
2021Detailed filing. Detailed filing data is available for this year.$109$1.24$107$6.34$7.94$1.60
2020Detailed filing. Detailed filing data is available for this year.$116$1.03$115$5.92$7.52$1.60
2019Detailed filing. Detailed filing data is available for this year.$112$0.09$112$6.07$9.00$2.93
2018Detailed filing. Detailed filing data is available for this year.$108$1.46$106$6.67$10.1$3.47
2017Detailed filing. Detailed filing data is available for this year.$115$0.01$115$7.83$9.39$1.56
2016Detailed filing. Detailed filing data is available for this year.$115$0.19$115$9.66$16.5$6.88
2015Detailed filing. Detailed filing data is available for this year.$121$0.00$121$10.5$18.7$8.15
2014Detailed filing. Detailed filing data is available for this year.$134$0.00$134$5.29$13.4$8.09
2013Detailed filing. Detailed filing data is available for this year.$136$0.00$136$4.56$16.8$12.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$157$0.00$157$20.7
2011Summary only. Only limited summary data is available for this year.$159$0.00$159$7.61$20.8$13.2
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$38,280,026
Mission and Program Overview

Mission

To provide welfare benefits to retirees.

To provide welfare benefits to retirees of solutia, inc. And any successors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$89,377,306$87,288,032▼ $2,089,274
Investments in Publicly Traded Securities$85,994,712$85,970,131▼ $24,581
Accounts Receivable$1,189,496$1,096,136▼ $93,360
Savings and Temporary Cash Investments$2,288,288$311,234▼ $1,977,054
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$89,472,496$87,377,501▼ $2,094,995
Liabilities
Accounts Payable and Accrued Expenses$95,190$89,469▼ $5,721
Total Liabilities$95,190$89,469▼ $5,721
Net Assets / Fund Balance
Total Net Assets Fund Balance$89,377,306$87,288,032▼ $2,089,274
Total Liabilities and Net Assets / Fund Balance$89,472,496$87,377,501▼ $2,094,995
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleBaseTotal
-Trustee$5,000$5,000

Highest Paid Contractors

ContractorServicesLocationCompensation
Metropolitan Life Insurance CompanyAdministration501 US HWY 22 2ND FLOOR - WEST, Bridgewater, NJ 08807$356,402
Blue Cross Blue Shield Of TennesseeAdministration1 CAMERON HILL CIRCLE, Chattanooga, TN 37402$188,969
Northern Trust CompanyInvestment50 SOUTH LASALLE STREET, Chicago, IL 60603$109,562
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,026,236
Investment Income
$2,446,016
Other Revenue
$0
Change in Net Assets
$-1,674,754

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,472,252
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$307,505
Total Revenue per Audited Statements
$3,779,757
Total Revenue per Form 990
$3,472,252
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$443,732
Salaries, Compensation, and Employee Benefits$5,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$4,698,274
Fees for Services Other---$265,946
Fees for Service Investment Mgmnt Fees---$109,562
Fees for Services Accounting---$68,224
Current Officers, Directors, Trustees, and Key Employees---$5,000
Total Functional Expenses$0$0$0$5,147,006

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,147,006
Total Expenses per Audited Statements$5,147,006
Total Expenses per Form 990$5,147,006
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

“Pursuant to the 2007 trust agreement, the independent fiduciary shall be appointed by solutia.”

Form 990, Part VI, Section A, Line 7B

“Solutia, inc. Authorizes the director, global compensation & benefits at eastman chemical company, to control and manage the operation and administration of the solutia retiree welfare trust. Solutia has also authorized the benefit plans committee with certain rights and responsibilities with respect to numerous employee benefit plans (the "solutia plans"). The benefit plans committee is comprised of three individuals, the chief financial officer, the chief hr officer and the chief legal officer. These four individuals provide services to the filing organization without compensation from the filing organization.”

Form 990, Part VI, Section B, Line 11B

“As previously noted, solutia, inc. Authorizes the director, global compensation & benefits at eastman chemical company, to control and manage the operation and administration of the solutia retiree welfare trust. The form 990 is prepared by an independent consultant on the basis of the audited financial report and information provided by the director, global compensation & benefits at eastman chemical company, or their designee. The form 990 is then reviewed by the director prior to filing with the irs.”

Form 990, Part VI, Section B, Line 15

“The veba does not have a ceo, executive director or top management official; management has been delegated to the director, global compensation & benefits at eastman chemical company, to control and manage the operation and administration of the solutia retiree welfare trust.”

Form 990, Part VI, Section C, Line 19

“Summary annual reports are provided to participants. Plan documents and annual reports are available upon request by participants.”

FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC:

“Northern trust company - 50 south lasalle street, chicago, il 60603”

Filing and Contact Details

Filer

Filer Name
Solutia Inc
EIN
39-2056615
Phone
4232240104
Address
200 S WILCOX DR, KINGSPORT, TN 37660
Doing Business As
Solutia Retiree Welfare Trust

Signing Officer

Name
Christopher Mcreynolds
Title
Director, Global Comp & Benefits
Phone
4232240104
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Mcreynolds
Formed
2007
Legal Domicile
Mo
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
5

Preparer

Firm
Mitchell & Titus Llp
Address
80 PINE STREET 32ND FL, NEW YORK, NY 10005
Preparer
Qian Zhang
Phone
2127094500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Transfer to solutia inc. Medical plan for retirees -721,720.”

Financial Statement Notes

PART X, LINE 2:

“The internal revenue service has determined and informed solutia inc. By a letter dated september 22, 2008, that the form of the plan and the related trust meet the applicable requirements for qualification under the applicable sections of the code. U.s. Gaap requires plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service. The plan administrator has analyzed the tax positions by the plan, and has concluded that as of december 31, 2024 and 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The plan administrator believes it is no longer subject to income tax examinations for years prior to 2021.”

Raw XML Appendix319 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt095190
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt089469
IRS990/AccountsReceivableGrp/BOYAmt01189496
IRS990/AccountsReceivableGrp/EOYAmt01096136
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE WELFARE BENEFITS TO RETIREES OF SOLUTIA, INC. AND ANY SUCCESSORS.
IRS990/AuditCommitteeInd01
IRS990/BenefitsToMembersGrp/TotalAmt04698274
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE NORTHERN TRUST COMPANY
IRS990/BooksInCareOfDetail/PhoneNum07732086095
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt050 SOUTH LASALLE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060603
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt089377306
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt087288032
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt05000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0356402
IRS990/ContractorCompensationGrp/CompensationAmt1188969
IRS990/ContractorCompensationGrp/CompensationAmt2109562
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0501 US HWY 22 2ND FLOOR - WEST
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt11 CAMERON HILL CIRCLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt250 SOUTH LASALLE STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BRIDGEWATER
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1CHATTANOOGA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NJ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1TN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd008807
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd137402
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd260603
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0METROPOLITAN LIFE INSURANCE COMPANY
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1BLUE CROSS BLUE SHIELD OF TENNESSEE
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2NORTHERN TRUST COMPANY
IRS990/ContractorCompensationGrp/ServicesDesc0ADMINISTRATION
IRS990/ContractorCompensationGrp/ServicesDesc1ADMINISTRATION
IRS990/ContractorCompensationGrp/ServicesDesc2INVESTMENT
IRS990/CreditCounselingInd00
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IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02446016
IRS990/CYOtherExpensesAmt0443732
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01026236
IRS990/CYRevenuesLessExpensesAmt0-1674754
IRS990/CYSalariesCompEmpBnftPaidAmt05000
IRS990/CYTotalExpensesAmt05147006
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03472252
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PURSUANT 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 AND DISABILITY BENEFITS ("OTHER POST-EMPLOYMENT BENEFITS OR "OPEB") FOR CERTAIN EMPLOYEES OF SOLUTIA, INC.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
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IRS990/DoingBusinessAsName/BusinessNameLine1Txt0SOLUTIA RETIREE WELFARE TRUST
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt068224
IRS990/FeesForServicesOtherGrp/TotalAmt0265946
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0109562
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
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IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt05000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-1034987
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt033772787
IRS990/GrossReceiptsAmt038280026
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03481003
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt085994712
IRS990/InvestmentsPubTradedSecGrp/EOYAmt085970131
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MO
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt034807774
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO 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.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1034987
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IRS990/NondeductibleContributionsInd00
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IRS990/OrgDoesNotFollowFASB117Ind0X
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IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
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IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/Desc0PARTICIPANT CONTRIBUTIONS
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01026236
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt05649925
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYOtherExpensesAmt0597323
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01432339
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IRS990/PYSalariesCompEmpBnftPaidAmt05000
IRS990/PYTotalExpensesAmt06252248
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02208356
IRS990/ReconcilationRevenueExpnssAmt0-1674754
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02288288
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0311234
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05147006
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0307505
IRS990ScheduleD/RevenueNotReportedAmt0307505
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03472252
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTERNAL REVENUE SERVICE HAS DETERMINED AND INFORMED SOLUTIA INC. BY A LETTER DATED SEPTEMBER 22, 2008, THAT THE FORM OF THE PLAN AND THE RELATED TRUST MEET THE APPLICABLE REQUIREMENTS FOR QUALIFICATION UNDER THE APPLICABLE SECTIONS OF THE CODE. U.S. GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt05147006
IRS990ScheduleD/TotalRevenuePerForm990Amt03472252
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03779757
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05147006
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PURSUANT TO THE 2007 TRUST AGREEMENT, THE INDEPENDENT FIDUCIARY SHALL BE APPOINTED BY SOLUTIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SOLUTIA, INC. AUTHORIZES THE DIRECTOR, GLOBAL COMPENSATION & BENEFITS AT EASTMAN CHEMICAL COMPANY, TO CONTROL AND MANAGE THE OPERATION AND ADMINISTRATION OF THE SOLUTIA RETIREE WELFARE TRUST. SOLUTIA HAS ALSO AUTHORIZED THE BENEFIT PLANS COMMITTEE WITH CERTAIN RIGHTS AND RESPONSIBILITIES WITH RESPECT TO NUMEROUS EMPLOYEE BENEFIT PLANS (THE "SOLUTIA PLANS"). THE BENEFIT PLANS COMMITTEE IS COMPRISED OF THREE INDIVIDUALS, THE CHIEF FINANCIAL OFFICER, THE CHIEF HR OFFICER AND THE CHIEF LEGAL OFFICER. THESE FOUR INDIVIDUALS PROVIDE SERVICES TO THE FILING ORGANIZATION WITHOUT COMPENSATION FROM THE FILING ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AS PREVIOUSLY NOTED, SOLUTIA, INC. AUTHORIZES THE DIRECTOR, GLOBAL COMPENSATION & BENEFITS AT EASTMAN CHEMICAL COMPANY, TO CONTROL AND MANAGE THE OPERATION AND ADMINISTRATION OF THE SOLUTIA RETIREE WELFARE TRUST. THE FORM 990 IS PREPARED BY AN INDEPENDENT CONSULTANT ON THE BASIS OF THE AUDITED FINANCIAL REPORT AND INFORMATION PROVIDED BY THE DIRECTOR, GLOBAL COMPENSATION & BENEFITS AT EASTMAN CHEMICAL COMPANY, OR THEIR DESIGNEE. THE FORM 990 IS THEN REVIEWED BY THE DIRECTOR PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE VEBA DOES NOT HAVE A CEO, EXECUTIVE DIRECTOR OR TOP MANAGEMENT OFFICIAL; MANAGEMENT HAS BEEN DELEGATED TO THE DIRECTOR, GLOBAL COMPENSATION & BENEFITS AT EASTMAN CHEMICAL COMPANY, TO CONTROL AND MANAGE THE OPERATION AND ADMINISTRATION OF THE SOLUTIA RETIREE WELFARE TRUST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SUMMARY ANNUAL REPORTS ARE PROVIDED TO PARTICIPANTS. PLAN DOCUMENTS AND ANNUAL REPORTS ARE AVAILABLE UPON REQUEST BY PARTICIPANTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NORTHERN TRUST COMPANY - 50 SOUTH LASALLE STREET, CHICAGO, IL 60603
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TRANSFER TO SOLUTIA INC. MEDICAL PLAN FOR RETIREES -721,720.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0GLOBAL MANUFACTURER & MARKETER OF HIGH-PERFORMANCE CHEMICAL-BASED MATERIALS.
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0EASTMAN CHEMICAL COMPANY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0200 S WILCOX DR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0KINGSPORT
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt089472496
IRS990/TotalAssetsEOYAmt087377501
IRS990/TotalAssetsGrp/BOYAmt089472496
IRS990/TotalAssetsGrp/EOYAmt087377501
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt05147006
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt095190
IRS990/TotalLiabilitiesEOYAmt089469
IRS990/TotalLiabilitiesGrp/BOYAmt095190
IRS990/TotalLiabilitiesGrp/EOYAmt089469
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt089377306
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt087288032
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt01026236
IRS990/TotalReportableCompFromOrgAmt05000
IRS990/TotalRevenueGrp/ExclusionAmt02446016
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01026236
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03472252
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt089472496
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt087377501
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0200 S WILCOX DR
IRS990/USAddress/CityNm0KINGSPORT
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037660
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTOPHER MCREYNOLDS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR, GLOBAL COMP & BENEFITS
ReturnHeader/BusinessOfficerGrp/PhoneNum04232240104
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOLUTIA INC
ReturnHeader/Filer/BusinessNameControlTxt0SOLU
ReturnHeader/Filer/EIN0392056615
ReturnHeader/Filer/PhoneNum04232240104
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 S WILCOX DR
ReturnHeader/Filer/USAddress/CityNm0KINGSPORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037660
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0132781641
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MITCHELL & TITUS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt080 PINE STREET 32ND FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010005
ReturnHeader/PreparerPersonGrp/PhoneNum02127094500
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0QIAN ZHANG
ReturnHeader/ReturnTs02025-11-13T15:06:03-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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