Overview
What is Salmon Memorial Trust?
The Salmon Memorial Trust is a financial support system based in Honesdale, Pennsylvania. This nonprofit organization operates under a trust document, its primary mission being to distribute income to various 501C3 organizations as per the trust's requirements. By doing so, Salmon Memorial Trust aims to financially assist these eligible organizations, contributing to their respective causes and initiatives. The trust does not manage these organizations directly but rather provides financial support to aid their operations.
Is Salmon Memorial Trust legitimate?
Salmon Memorial Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salmon Memorial Trust 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: $18,561
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Salmon Memorial Trust?
The Salmon Memorial Trust's mission is to financially support various 501C3 organizations as mandated by its trust documents. It accomplishes this by distributing its income to the named organizations within the trust document. This financial assistance aims to contribute to the ongoing work and initiatives of these organizations. The Trust does not engage in any direct activities itself but rather acts as a source of financial support to the specified non-profit organizations.
Who is the CEO of Salmon Memorial Trust?
Unavailable
What is the revenue of Salmon Memorial Trust?
Salmon Memorial Trust's revenue in 2022 was $125,883.
Who are the executives of Salmon Memorial Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $18,561
- Related: $0
- Other: $0
Where can I find the form 990 for Salmon Memorial Trust?
Salmon Memorial Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Salmon Memorial Trust
The Salmon Memorial Trust is an organization with a mission to financially support other nonprofit organizations, as outlined in its trust document. This support is facilitated by distributing income as required by the trust's documentation. Essentially, the Salmon Memorial Trust serves as a financial benefactor, aiding other 501C3 organizations named in its trust document. By doing so, it contributes to their respective missions and initiatives, thereby making a broader impact in various communities and causes.
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Impact
October, 2024
Salmon Memorial Trust plays a vital role in enhancing the capabilities of various organizations by providing essential financial support. By distributing income as outlined in its trust document, it effectively bolsters the efforts of other 501(c)(3) organizations within the community. This financial backing helps these organizations implement crucial programs, expand outreach, and serve their constituents more effectively. Operating out of Honesdale, PA, the Trust’s impact extends to various sectors, fostering philanthropy and enabling positive change within the community it serves.
This information is meant to be a general summary of Salmon Memorial Trust. 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: $125,883
- Gross Receipts: $478,211
Assets and Liabilities:
- Total Assets: $1,205,663
- Total Liabilities: $0
- Net Assets: $1,205,663
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Organization Details
Founding Year
2001
Phone
(570) 253-8506Main Address
C/O WAYNE BANK 717 MAIN STREET, HONESDALE, PA, 18431
NTEE Category
Code: T99 - Philanthropy
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