Overview
What is The Darlene A Hermes Nimcrut Ua Dtd?
The Darlene A Hermes Nimcrut Ua Dtd is a charitable remainder trust, with a notable beneficiary being The Peace Dale Congregational Church in Peace Dale, Rhode Island. This trust, operating under the charitable remainder trust concept, is designed to support and contribute to the church's ongoing initiatives. The specific activities or mission details of this trust are not provided in the information, but it is generally understood that charitable remainder trusts aim to provide income to non-charitable individuals for a specified period or their lifetimes, with the remaining assets going to the charitable beneficiary upon the termination of the trust.
Is The Darlene A Hermes Nimcrut Ua Dtd legitimate?
The Darlene A Hermes Nimcrut Ua Dtd is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Darlene A Hermes Nimcrut Ua Dtd submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Darlene A Hermes Nimcrut Ua Dtd?
The Darlene A Hermes Nimcrut Ua Dtd operates as a Charitable Remainder Trust. The primary purpose of this trust is to establish a beneficiary, in this case, the Peace Dale Congregational Church in Peace Dale, Rhode Island. As a Charitable Remainder Trust, it operates with the goal of providing financial support to the designated beneficiary while also providing potential tax benefits to the donor. The specific details of the activities and operations of the trust are not provided in the information, but it is clear that its primary function is to serve as a source of charitable funds for the Peace Dale Congregational Church.
Who is the CEO of The Darlene A Hermes Nimcrut Ua Dtd?
O Don Hermes is the Trustee of The Darlene A Hermes Nimcrut Ua Dtd.
What is the revenue of The Darlene A Hermes Nimcrut Ua Dtd?
The Darlene A Hermes Nimcrut Ua Dtd's revenue in 2022 was $0.
Who are the executives of The Darlene A Hermes Nimcrut Ua Dtd and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Darlene A Hermes Nimcrut Ua Dtd?
The Darlene A Hermes Nimcrut Ua Dtd's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Darlene A Hermes Nimcrut Ua Dtd
The Darlene A Hermes Nimcrut Ua Dtd operates as a Charitable Remainder Trust. This entity has designated the Peace Dale Congregational Church in Peace Dale, Rhode Island as its beneficiary. The primary function of this trust is to serve as a Charitable Remainder Trust, which implies that it manages assets with the intention of providing income to its donors or beneficiaries during their lifetimes, and then distributing the remaining assets to the designated charity upon the donors' or beneficiaries' death or upon the termination of the trust. This type of trust is a strategic tool for individuals looking to make charitable donations while also securing a steady income for themselves or their beneficiaries. By establishing this trust, The Darlene A Hermes Nimcrut Ua Dtd is contributing to the ongoing support and sustainability of the Peace Dale Congregational Church, ensuring that its mission and values continue to thrive.
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Impact
October, 2024
The Darlene A Hermes Nimcrut Ua Dtd significantly impacts the community by providing a sustainable source of funding for the Peace Dale Congregational Church in Peace Dale, RI. As a charitable remainder trust, it allows the trustor to contribute assets while still receiving benefits during their lifetime. This structure supports the church's mission and programming, enabling it to serve the community more effectively. The trust ensures long-term financial stability for the church, allowing it to focus on its philanthropic initiatives and outreach activities. Through this mechanism, the trust fosters a culture of giving and supports the church's efforts to enhance community welfare, creating a lasting legacy of generosity and support.
This information is meant to be a general summary of The Darlene A Hermes Nimcrut Ua Dtd. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $64,516
- Total Liabilities: $0
- Net Assets: $64,516
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Organization Details
Founding Year
1992
Phone
(401) 783-6314Principal Officer
O Don Hermes
Main Address
748 MIDDLEBRIDGE ROAD, Wakefield, RI, 02879
NTEE Category
Code: T00 - Philanthropy
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