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Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 266533984 ✦ Nora springs, IA ✦ Designated as a 501(c)(3)

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Overview

What is Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust?

The Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust is a nonprofit entity that provides support to St. Luke's Lutheran Church in Nora Springs, Iowa. As a religion-focused organization, it serves as a charitable remainder annuity trust, distributing funds to aid in St. Luke's Lutheran Church's mission. This trust operates within the local community, contributing to the religious institution's operations and activities.

Is Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust legitimate?

Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clyde E Frese & Nellie M Frese Charitable Remainder Annuity 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust?

The Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust is dedicated to supporting the mission of a specific religious organization, St. Luke's Lutheran Church. By distributing funds to this church, the trust contributes to its ongoing activities and operations. As a religious-affiliated single organization supporter, it operates with the primary goal of strengthening the church's mission and impact in its community. The trust does not have a mission statement of its own, but rather, its purpose is to support the mission of St. Luke's Lutheran Church.

Who is the CEO of Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust?

Marcia Schwab is the Trustee of Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust.

What is the revenue of Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust?

Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust's revenue in 2022 was $27,031.

Who are the executives of Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust and what are their salaries?

There 1 volunteer at Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust.


There is 1 key member and their salary:


Marcia Schwab (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust?

Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust

The Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust is dedicated to supporting the mission of St. Luke's Lutheran Church. This philanthropic entity contributes financially to the organization, acting as a religion-focused single organization supporter. By distributing funds to St. Luke's Lutheran Church, the trust plays a crucial role in furthering its goals and objectives. The trust's mission is to contribute to the religious and community activities of St. Luke's Lutheran Church, thereby supporting its overall operation and purpose.

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Impact




October, 2024

The Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust has a significant impact in supporting the mission of St. Luke's Lutheran Church in Nora Springs, Iowa. By providing financial assistance, the trust enables the church to carry out its religious and community activities effectively. This support helps sustain various programs, services, and outreach initiatives that aim to foster spiritual growth and community engagement within the congregation and the broader Nora Springs area.

With a focus on enhancing the church's mission, the trust plays a crucial role in maintaining the church's operations and expanding its reach. It contributes to the church's ability to serve its members and provide a welcoming environment for worship, education, and fellowship. Overall, the Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust helps ensure that St. Luke's Lutheran Church can continue its vital work in the community.




This information is meant to be a general summary of Clyde E Frese & Nellie M Frese Charitable Remainder Annuity 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.

Revenue
$27,031 (2022)
Expenses
$14,502 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $27,031
  • Gross Receipts: $27,031

Assets and Liabilities:

  • Total Assets: $942,411
  • Total Liabilities: $0
  • Net Assets: $942,411

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Organization Details

Founding Year

2011

Principal Officer

Marcia Schwab

Main Address

PO BOX 647, NORA SPRINGS, IA, 504580647

NTEE Category

Code: X111 - Religion related

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