COVID Stimulus Watch Individual Entry

Individual Award Data

Recipient Company:
Altria Group Inc
Parent Company: Altria
Award Date: Aug 10, 2020
Award Type: loan
Loan or Loan Guarantee Amount: $7,792,128
Awarding Agency: Federal Reserve
Program Name: Secondary Market Corporate Credit Facility
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Ownership Structure: publicly traded (ticker symbol MO)
Headquartered in: Virginia
Parent Sector: tobacco
Parent Industry: tobacco
Employees (prior to pandemic): 7,300

Accountability Issues Since 2010

Employment icon
Good Jobs First has no data in this category
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $6,283,070
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $315,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 109 to 1
CEO Compensation: $15,439,987
Worker Median Pay: $142,246
Tax icon
Total Federal, State, and Local Subsidies: $53,209,033
Federal Corporate Income Tax Rate: 21.4%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources