Garlock Employee Benefit Tr07890007 Norstar Trust Company in Charlotte, North Carolina (NC)

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Garlock Employee Benefit Tr07890007 Norstar Trust Company
Employer Identification Number (EIN)237401201
Name of OrganizationGarlock Employee Benefit Tr07890007 Norstar Trust Company
In Care of NameEnpro Industries Inc
Address5605 Carnegie Blvd, Charlotte, NC 28209-4642
ActivitiesSick, accident, death, or similar benefits
SubsectionVoluntary Employees' Beneficiary Association (Non-Govt. Emps.)
Ruling Date10/1974
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$2,779
Amount of Income$6,484
Form 990 Revenue Amount$6,484


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$7,845$6,591$6,484
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$1,875$1,256$189
Gain/Loss from sale of assets other than inventory$5,970$5,335$6,295
Gross amount from sale of assets other than inventory$5,970$5,335$6,295
Less: cost or other basis and sales expenses$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$28,028$27,803$26,443
Total net assets$50,573$27,599$2,779
Excess/Deficit for the year$-20,183$-21,212$-19,959
Net assets or fund balances at beginning of year$78,611$50,573$28,229
Other changes in net assets or fund balances$-7,855$-1,762$-5,491
Net assets or fund balances at end of year$-22,974$-25,450
Balance Sheets
201120122013
Total assets$50,573$27,599$2,779
Total liabilities$0$0$0
Net assets or fund balances$50,573$27,599$2,779
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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