{"success":true,"data":{"_id":467239612,"filings":[{"Organization":{"value":null,"Person":["BB&T"],"Title":["TRUSTEE"],"Hours":[1.0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"value":null,"mission":"To provide employee benefits.","year":2014,"name":"L&M COMPANIES INC EMPLOYEE BENEFIT TRUST","phone":9199818097,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"BBT AS TRUSTEE","year_formation":2013,"state_legal_domicile":"NC","total_volunteers":0,"tax_period_begin":"2014-01-01T00:00:00","tax_period_end":"2014-12-31T00:00:00","address":"2925 HUNTLEIGH DR, RALEIGH, NC, 27604, USA","city":"RALEIGH","state":"NC","country":"USA","zip_code":27604},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":4,"Number of independent voting members":4,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":2037100,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":2037100,"Total revenue":2037100,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":0,"Investment income total":0,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2449697,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":2449697,"Management services":102983,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":2346714,"HEALTH CLAIMS":1773271,"INSURANCE PREMIUMS":573443},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":1191738,"Non-interest bearing cash":958157,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":165499,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":68082},"Liabilities":{"value":190037,"Sum of Total Liabilities":0,"Accounts payable, accrued":190037,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":1001701,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":1001701,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.2025413578125767,"percentile":0.15011273409163306},"Liabilities to Assets Ratio":{"score":0.15946206297021662,"percentile":0.2767348701233791},"Operating Reserve Ratio":{"score":0.48648383861351013,"percentile":0.24537175600549607},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.4494956996708118,"percentile":0.21026889340276536}},"source_xml":"201503209349311425_public.xml"},{"Organization":{"value":null,"Person":["FIRST CITIZENS BANK"],"Title":["TRUSTEE"],"Hours":[1.0],"Total Compensation":[9090],"Direct compensation":[9090],"Other compensation":[0]},"Basic":{"value":null,"mission":"The plan is a defined contribution health and welfare benefit plan established to provide specified health care, dental, disability, life and travel insurance benefits to eligible employees of l&m companies, inc., l&m farms, inc., l&m warehouse & packing, inc., l&m farms of colorado, llc, and l&m transportation services, inc.","year":2024,"name":"L & M COMPANIES EMPLOYEE BENEFIT TRUST","phone":9197162669,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"MATT DELLASEGA","year_formation":2013,"state_legal_domicile":"NC","total_volunteers":null,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"PO BOX 29522, RALEIGH, NC, 27626, USA","city":"RALEIGH","state":"NC","country":"USA","zip_code":27626},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":1,"Number of independent voting members":0,"Number of employees total":0,"Total Gross UBI":48261,"Net unrelated business taxable income":37878,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":2738704,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":2690443,"Total revenue":2690443,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":48261,"Investment income total":48261,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2910687,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":2848594,"Benefits paid to members Total":2848594},"Salaries":{"value":9090,"Current officers":9090,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":53003,"Management services":0,"Legal":0,"Accounting":44000,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":0,"All other expenses":9003},"Functional Expenses":{"value":null,"Program Service Expenses":2848594,"Management And General Expenses":62093,"Fundraising Expenses":0}},"Assets":{"value":1338603,"Non-interest bearing cash":20000,"Savings and temp cash investments":958603,"Pledges and grants receivable":0,"Accounts receivable":360000,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":82000,"Sum of Total Liabilities":0,"Accounts payable, accrued":82000,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":1256603,"Net assets without donor restriction":1256603,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9786672356045154,"percentile":0.8876001949521883},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.06279722087527531,"percentile":0.2667594517595302},"Liabilities to Assets Ratio":{"score":0.06125789349045236,"percentile":0.37100582892108425},"Operating Reserve Ratio":{"score":0.45989245837838283,"percentile":0.2341187072059082},"Officer Compensation Ratio":{"score":0.0031229740607629747,"percentile":0.9883040535821644},"Program Expense Growth":{"score":0.14941704140376785,"percentile":0.7544946405358693},"Revenue Growth":{"score":0.03055258955969361,"percentile":0.517413800295701},"Asset Growth":{"score":-0.020942027858401664,"percentile":0.24268516527434608},"Independent Voting Board Pct":{"score":0.0,"percentile":0.10798813433961453},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5868015463690754,"percentile":0.5665748003702916}},"source_xml":"202523119349302747_public.xml"},{"Organization":{"value":null,"Person":["FIRST CITIZENS BANK"],"Title":["TRUSTEE"],"Hours":[1.0],"Total Compensation":[8805],"Direct compensation":[8805],"Other compensation":[0]},"Basic":{"value":null,"mission":"The plan is a defined contribution health and welfare benefit plan established to provide specified health care, dental, disability, life and travel insurance benefits to eligible employees of l&m companies, inc., l&m farms, inc., l&m warehouse & packing, inc., l&m farms of colorado, llc, and l&m transportation services, inc.","year":2019,"name":"L & M COMPANIES EMPLOYEE BENEFIT TRUST","phone":9197162669,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"MATT DELLASEGA","year_formation":2013,"state_legal_domicile":"NC","total_volunteers":null,"tax_period_begin":"2019-01-01T00:00:00","tax_period_end":"2019-12-31T00:00:00","address":"PO BOX 29522, RALEIGH, NC, 27626, USA","city":"RALEIGH","state":"NC","country":"USA","zip_code":27626},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":1,"Number of independent voting members":0,"Number of employees total":0,"Total Gross UBI":12047,"Net unrelated business taxable income":2242,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":2412785,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":2400738,"Total revenue":2400738,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":12047,"Investment income total":12047,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2261613,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":2153549,"Benefits paid to members Total":2153549},"Salaries":{"value":8805,"Current officers":8805,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":99259,"Management services":70759,"Legal":0,"Accounting":28500,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":0,"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":2224308,"Management And General Expenses":37305,"Fundraising Expenses":0}},"Assets":{"value":945793,"Non-interest bearing cash":11823,"Savings and temp cash investments":569231,"Pledges and grants receivable":0,"Accounts receivable":364739,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":30535,"Sum of Total Liabilities":0,"Accounts payable, accrued":30535,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":915258,"Net assets without donor restriction":915258,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9835051354940036,"percentile":0.8952345468167208},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.06265456723247202,"percentile":0.5523063562951642},"Liabilities to Assets Ratio":{"score":0.03228507717862154,"percentile":0.4235380174457953},"Operating Reserve Ratio":{"score":0.4181940057825985,"percentile":0.2160376002953766},"Officer Compensation Ratio":{"score":0.0038932390289585354,"percentile":0.9854259755697916},"Program Expense Growth":{"score":0.532258064516129,"percentile":0.9386204467691116},"Revenue Growth":{"score":0.02506698368839443,"percentile":0.49028864865863664},"Asset Growth":{"score":-0.10513968796314763,"percentile":0.10022829814846641},"Independent Voting Board Pct":{"score":0.0,"percentile":0.10798813433961453},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.648400434105335,"percentile":0.7376916928163303}},"source_xml":"202033189349307443_public.xml"},{"Organization":{"value":null,"Person":["FIRST CITIZENS BANK"],"Title":["TRUSTEE"],"Hours":[1.0],"Total Compensation":[8670],"Direct compensation":[8670],"Other compensation":[0]},"Basic":{"value":null,"mission":"The plan is a defined contribution health and welfare benefit plan established to provide specified health care, dental, disability, life and travel insurance benefits to eligible employees of l&m companies, inc., l&m farms, inc., l&m warehouse & packing, inc., l&m farms of colorado, llc, and l&m transportation services, inc.","year":2023,"name":"L & M COMPANIES EMPLOYEE BENEFIT TRUST","phone":9197162669,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"MATT DELLASEGA","year_formation":2013,"state_legal_domicile":"NC","total_volunteers":null,"tax_period_begin":"2023-01-01T00:00:00","tax_period_end":"2023-12-31T00:00:00","address":"PO BOX 29522, RALEIGH, NC, 27626, USA","city":"RALEIGH","state":"NC","country":"USA","zip_code":27626},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":1,"Number of independent voting members":0,"Number of employees total":0,"Total Gross UBI":45636,"Net unrelated business taxable income":4769,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":2995291,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":2949655,"Total revenue":2949655,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":45636,"Investment income total":45636,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2809113,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":2714943,"Benefits paid to members Total":2714943},"Salaries":{"value":8670,"Current officers":8670,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":85500,"Management services":34000,"Legal":0,"Accounting":51500,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":0,"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":2748943,"Management And General Expenses":60170,"Fundraising Expenses":0}},"Assets":{"value":1510586,"Non-interest bearing cash":20000,"Savings and temp cash investments":1130586,"Pledges and grants receivable":0,"Accounts receivable":360000,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":82000,"Sum of Total Liabilities":0,"Accounts payable, accrued":82000,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":1428586,"Net assets without donor restriction":1428586,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9785804273448594,"percentile":0.8874646548460119},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.06215689894571179,"percentile":0.5512541170922328},"Liabilities to Assets Ratio":{"score":0.054283569422727336,"percentile":0.38151697794121264},"Operating Reserve Ratio":{"score":0.5377448326215428,"percentile":0.2666178144676744},"Officer Compensation Ratio":{"score":0.003086383495430764,"percentile":0.9884315231835948},"Program Expense Growth":{"score":0.17341513883797366,"percentile":0.7813133836217793},"Revenue Growth":{"score":0.03553745163429255,"percentile":0.5414083622189167},"Asset Growth":{"score":-0.023319128168660636,"percentile":0.23476355875964827},"Independent Voting Board Pct":{"score":0.0,"percentile":0.10798813433961453},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6412488352626764,"percentile":0.719601678511426}},"source_xml":"202403189349304625_public.xml"},{"Organization":{"value":null,"Person":["FIRST CITIZENS BANK"],"Title":["TRUSTEE"],"Hours":[1.0],"Total Compensation":[8835],"Direct compensation":[8835],"Other compensation":[0]},"Basic":{"value":null,"mission":"The plan is a defined contribution health and welfare benefit plan established to provide specified health care, dental, disability, life and travel insurance benefits to eligible employees of l&m companies, inc., l&m farms, inc., l&m warehouse & packing, inc., l&m farms of colorado, llc, and l&m transportation services, inc.","year":2021,"name":"L & M COMPANIES EMPLOYEE BENEFIT TRUST","phone":9197162669,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"MATT DELLASEGA","year_formation":2013,"state_legal_domicile":"NC","total_volunteers":null,"tax_period_begin":"2021-01-01T00:00:00","tax_period_end":"2021-12-31T00:00:00","address":"PO BOX 29522, RALEIGH, NC, 27626, USA","city":"RALEIGH","state":"NC","country":"USA","zip_code":27626},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":1,"Number of independent voting members":0,"Number of employees total":0,"Total Gross UBI":193,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":2895710,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":2895517,"Total revenue":2895517,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":193,"Investment income total":193,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2761473,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":2680872,"Benefits paid to members Total":2680872},"Salaries":{"value":8835,"Current officers":8835,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":71766,"Management services":33748,"Legal":0,"Accounting":38000,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":0,"All other expenses":18},"Functional Expenses":{"value":null,"Program Service Expenses":2714620,"Management And General Expenses":46853,"Fundraising Expenses":0}},"Assets":{"value":1468190,"Non-interest bearing cash":13390,"Savings and temp cash investments":1087052,"Pledges and grants receivable":0,"Accounts receivable":367748,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":81658,"Sum of Total Liabilities":0,"Accounts payable, accrued":81658,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":1386532,"Net assets without donor restriction":1386532,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9830333304001162,"percentile":0.8945165669080744},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.04635719737128373,"percentile":0.5167291359389925},"Liabilities to Assets Ratio":{"score":0.055618142066081365,"percentile":0.379442155701183},"Operating Reserve Ratio":{"score":0.5316691490374883,"percentile":0.26412360387764666},"Officer Compensation Ratio":{"score":0.0031993794616134216,"percentile":0.9880276252510931},"Program Expense Growth":{"score":0.25058922870547035,"percentile":0.8396299574721873},"Revenue Growth":{"score":0.04070627738020336,"percentile":0.5655574658629378},"Asset Growth":{"score":-0.04127144440361087,"percentile":0.18318886786491187},"Independent Voting Board Pct":{"score":0.0,"percentile":0.10798813433961453},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6429382079695956,"percentile":0.7239231474869025}},"source_xml":"202313199349323916_public.xml"},{"Organization":{"value":null,"Person":["FIRST CITIZENS BANK"],"Title":["TRUSTEE"],"Hours":[1.0],"Total Compensation":[9135],"Direct compensation":[9135],"Other compensation":[0]},"Basic":{"value":null,"mission":"The plan is a defined contribution health and welfare benefit plan established to provide specified health care, dental, disability, life and travel insurance benefits to eligible employees of l&m companies, inc., l&m farms, inc., l&m warehouse & packing, inc., l&m farms of colorado, llc, and l&m transportation services, inc.","year":2020,"name":"L & M COMPANIES EMPLOYEE BENEFIT TRUST","phone":9197162669,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"MATT DELLASEGA","year_formation":2013,"state_legal_domicile":"NC","total_volunteers":null,"tax_period_begin":"2020-01-01T00:00:00","tax_period_end":"2020-12-31T00:00:00","address":"PO BOX 29522, RALEIGH, NC, 27626, USA","city":"RALEIGH","state":"NC","country":"USA","zip_code":27626},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":1,"Number of independent voting members":0,"Number of employees total":0,"Total Gross UBI":2133,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":2844826,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":2842693,"Total revenue":2842693,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":2133,"Investment income total":2133,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2507789,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":2396072,"Benefits paid to members Total":2396072},"Salaries":{"value":9135,"Current officers":9135,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":102582,"Management services":63770,"Legal":0,"Accounting":38000,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":0,"All other expenses":812},"Functional Expenses":{"value":null,"Program Service Expenses":2459842,"Management And General Expenses":47947,"Fundraising Expenses":0}},"Assets":{"value":1351091,"Non-interest bearing cash":29294,"Savings and temp cash investments":995859,"Pledges and grants receivable":0,"Accounts receivable":325938,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":98796,"Sum of Total Liabilities":0,"Accounts payable, accrued":98796,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":1252295,"Net assets without donor restriction":1252295,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9808807678795943,"percentile":0.891085770907011},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.11847367817926298,"percentile":0.6534111972680503},"Liabilities to Assets Ratio":{"score":0.07312312790182157,"percentile":0.35512296122956316},"Operating Reserve Ratio":{"score":0.5387578460548316,"percentile":0.26704442916185267},"Officer Compensation Ratio":{"score":0.0036426509566793697,"percentile":0.9863636829826129},"Program Expense Growth":{"score":0.3270423345433753,"percentile":0.8765536619077448},"Revenue Growth":{"score":0.03903878503523,"percentile":0.5579017713784814},"Asset Growth":{"score":-0.0642808992200454,"percentile":0.14234752624671732},"Independent Voting Board Pct":{"score":0.0,"percentile":0.10798813433961453},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6646374773364707,"percentile":0.7766041121250112}},"source_xml":"202103139349305040_public.xml"},{"Organization":{"value":null,"Person":["FIRST CITIZENS BANK"],"Title":["TRUSTEE"],"Hours":[1.0],"Total Compensation":[9038],"Direct compensation":[9038],"Other compensation":[0]},"Basic":{"value":null,"mission":"The plan is a defined contribution health and welfare benefit plan established to provide specified health care, dental, disability, life and travel insurance benefits to eligible employees of l&m companies, inc., l&m farms, inc., l&m warehouse & packing, inc., l&m farms of colorado, llc, and l&m transportation services, inc.","year":2022,"name":"L & M COMPANIES EMPLOYEE BENEFIT TRUST","phone":9197162669,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"MATT DELLASEGA","year_formation":2013,"state_legal_domicile":"NC","total_volunteers":null,"tax_period_begin":"2022-01-01T00:00:00","tax_period_end":"2022-12-31T00:00:00","address":"PO BOX 29522, RALEIGH, NC, 27626, USA","city":"RALEIGH","state":"NC","country":"USA","zip_code":27626},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":1,"Number of independent voting members":0,"Number of employees total":0,"Total Gross UBI":14236,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":2717214,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":2702966,"Total revenue":2702966,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":14236,"Investment income total":14236,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":12,"Other total":12,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2857052,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":2776014,"Benefits paid to members Total":2776014},"Salaries":{"value":9038,"Current officers":9038,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":72000,"Management services":34000,"Legal":0,"Accounting":38000,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":0,"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":2810014,"Management And General Expenses":47038,"Fundraising Expenses":0}},"Assets":{"value":1328694,"Non-interest bearing cash":20000,"Savings and temp cash investments":948694,"Pledges and grants receivable":0,"Accounts receivable":360000,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":82000,"Sum of Total Liabilities":0,"Accounts payable, accrued":82000,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":1246694,"Net assets without donor restriction":1246694,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9835361764504111,"percentile":0.8952796597198166},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.051463741906231895,"percentile":0.2830441934351116},"Liabilities to Assets Ratio":{"score":0.06171473642539215,"percentile":0.3703505464306257},"Operating Reserve Ratio":{"score":0.46505768883450493,"percentile":0.23632978791126333},"Officer Compensation Ratio":{"score":0.003163400596138957,"percentile":0.9881604671345762},"Program Expense Growth":{"score":0.20599376426280375,"percentile":0.8095995633251385},"Revenue Growth":{"score":0.03548252821147247,"percentile":0.5411493928498137},"Asset Growth":{"score":-0.034744473509479894,"percentile":0.199410848914175},"Independent Voting Board Pct":{"score":0.0,"percentile":0.10798813433961453},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5975557818100278,"percentile":0.5983431669134144}},"source_xml":"202323179349303527_public.xml"},{"Organization":{"value":null,"Person":["BBT"],"Title":["TRUSTEE"],"Hours":[1.0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"value":null,"mission":"To provide employee benefits","year":2013,"name":"L&M COMPANIES INC EMPLOYEE BENEFIT TRUST","phone":9199818097,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"BBT AS TRUSTEE","year_formation":2013,"state_legal_domicile":"NC","total_volunteers":0,"tax_period_begin":"2013-01-01T00:00:00","tax_period_end":"2013-12-31T00:00:00","address":"2925 HUNTLEIGH DR, RALEIGH, NC, 27604, USA","city":"RALEIGH","state":"NC","country":"USA","zip_code":27604},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":1,"Number of independent voting members":1,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":2139779,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":2139779,"Total revenue":2139779,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":0,"Investment income total":0,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2763684,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":2763684,"Management services":55321,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":2708363,"HEALTH CLAIMS":1523388,"TRANSFERS FROM THE PLAN":609628,"INSURANCE PREMIUMS":575347},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":2129924,"Non-interest bearing cash":1028398,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":1033444,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":68082},"Liabilities":{"value":715626,"Sum of Total Liabilities":0,"Accounts payable, accrued":105998,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":609628},"Fund balance":{"value":1414298,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":1414298,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.29157450372211335,"percentile":0.11560242681455217},"Liabilities to Assets Ratio":{"score":0.3359866361428859,"percentile":0.18733315799047248},"Operating Reserve Ratio":{"score":0.7706829000710645,"percentile":0.35309914052599106},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.44262430858664614,"percentile":0.19689791761951034}},"source_xml":"201640639349300434_public.xml"}],"Latest":{"Organization":{"value":null,"Person":["FIRST CITIZENS BANK"],"Title":["TRUSTEE"],"Hours":[1.0],"Total Compensation":[9090],"Direct compensation":[9090],"Other compensation":[0]},"Basic":{"value":null,"mission":"The plan is a defined contribution health and welfare benefit plan established to provide specified health care, dental, disability, life and travel insurance benefits to eligible employees of l&m companies, inc., l&m farms, inc., l&m warehouse & packing, inc., l&m farms of colorado, llc, and l&m transportation services, inc.","year":2024,"name":"L & M COMPANIES EMPLOYEE BENEFIT TRUST","phone":9197162669,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"MATT DELLASEGA","year_formation":2013,"state_legal_domicile":"NC","total_volunteers":null,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"PO BOX 29522, RALEIGH, NC, 27626, USA","city":"RALEIGH","state":"NC","country":"USA","zip_code":27626},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":1,"Number of independent voting members":0,"Number of employees total":0,"Total Gross UBI":48261,"Net unrelated business taxable income":37878,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":2738704,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":2690443,"Total revenue":2690443,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":48261,"Investment income total":48261,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2910687,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":2848594,"Benefits paid to members Total":2848594},"Salaries":{"value":9090,"Current officers":9090,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":53003,"Management services":0,"Legal":0,"Accounting":44000,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":0,"All other expenses":9003},"Functional Expenses":{"value":null,"Program Service Expenses":2848594,"Management And General Expenses":62093,"Fundraising Expenses":0}},"Assets":{"value":1338603,"Non-interest bearing cash":20000,"Savings and temp cash investments":958603,"Pledges and grants receivable":0,"Accounts receivable":360000,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":82000,"Sum of Total Liabilities":0,"Accounts payable, accrued":82000,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":1256603,"Net assets without donor restriction":1256603,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9786672356045154,"percentile":0.8876001949521883},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.06279722087527531,"percentile":0.2667594517595302},"Liabilities to Assets Ratio":{"score":0.06125789349045236,"percentile":0.37100582892108425},"Operating Reserve Ratio":{"score":0.45989245837838283,"percentile":0.2341187072059082},"Officer Compensation Ratio":{"score":0.0031229740607629747,"percentile":0.9883040535821644},"Program Expense Growth":{"score":0.14941704140376785,"percentile":0.7544946405358693},"Revenue Growth":{"score":0.03055258955969361,"percentile":0.517413800295701},"Asset Growth":{"score":-0.020942027858401664,"percentile":0.24268516527434608},"Independent Voting Board Pct":{"score":0.0,"percentile":0.10798813433961453},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5868015463690754,"percentile":0.5665748003702916}},"source_xml":"202523119349302747_public.xml"},"sector":"Mutual/Membership Benefit","donation_categories":[],"zakat_policy":null},"error":null}