Overview
What is Alstead Town Of Gen 1?
Alstead Town of Gen 1 is a benevolent entity situated in Wilmington, Delaware. Its primary function is to distribute funds to the Town of Alstead, New Hampshire, a governmental body, for various purposes. These funds aid in reducing the taxes levied by the Town of Alstead, thereby contributing to its overall financial management. The Town utilizes these funds for general purposes, ensuring that the taxes paid by the town's residents are used effectively. The organization's mission is to support the Town of Alstead, NH in its operations, ultimately contributing to the well-being of its residents.
Is Alstead Town Of Gen 1 legitimate?
Alstead Town Of Gen 1 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alstead Town Of Gen 1 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: $7,049
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Alstead Town Of Gen 1?
Alstead Town Of Gen 1 is designed to distribute funds to a governmental entity, specifically the Town of Alstead, New Hampshire. These funds are intended for governmental purposes, aimed at supporting the town's operations. The Town of Alstead then utilizes these distributions towards the general purposes for which taxes levied by the town are intended. This results in a potential reduction of taxes for the town's residents. The organization's mission, in essence, is to contribute financially to the Town of Alstead, ultimately aiming to alleviate tax burdens for the town's citizens.
Who is the CEO of Alstead Town Of Gen 1?
Mt Bank Trust Corporation is the Trustee of Alstead Town Of Gen 1.
What is the revenue of Alstead Town Of Gen 1?
Alstead Town Of Gen 1's revenue in 2022 was $49,724.
Who are the executives of Alstead Town Of Gen 1 and what are their salaries?
There is 1 key member and their salary:
- Compensation: $8,144
- Related: $0
- Other: $0
Where can I find the form 990 for Alstead Town Of Gen 1?
Alstead Town Of Gen 1's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alstead Town Of Gen 1
Alstead Town Of Gen 1, as a nonprofit entity, is dedicated to distributing funds to the Town of Alstead, New Hampshire, a governmental entity. Its mission is to support the Town of Alstead by providing funds that can be applied towards the general purposes for which taxes levied by the Town are used. This aim is designed to reduce the taxes of the Town, thereby contributing to its overall financial well-being. Alstead Town Of Gen 1's activities are focused on supporting the programs and initiatives undertaken by the Town of Alstead, NH, thereby contributing to its overall development. The organization plays a role in reducing the financial burden on the Town by providing financial assistance for its general purposes.
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Impact
October, 2024
Alstead Town Of Gen 1 significantly impacts the community of Alstead, New Hampshire, by providing essential financial support to the local government. The funds distributed to the Town are utilized for various governmental purposes, directly enhancing public services and infrastructure. This infusion of resources helps to ensure that the Town can operate efficiently while fulfilling its obligations to residents.
By applying these distributions to the general purposes funded by local taxes, Alstead Town Of Gen 1 effectively aids in reducing the tax burden on residents. This can lead to increased community satisfaction and improved quality of life, as funds can be redirected from tax revenue into vital programs and services. The overall benefit is seen in the enhancement of community resources, fostering a better environment for the citizens of Alstead.
This information is meant to be a general summary of Alstead Town Of Gen 1. 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.
- Investment Income: $49,724
- Gross Receipts: $168,400
Assets and Liabilities:
- Total Assets: $663,569
- Total Liabilities: $0
- Net Assets: $663,569
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Organization Details
Founding Year
1959
Phone
(802) 660-1494Principal Officer
Mt Bank Trust Corporation
Main Address
1100 NORTH MARKET STREET, WILMINGTON, DE, 198900001
NTEE Category
Code: Y40 - Mutual benefit
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