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Niehaus Charles Fbo Salvation Ta

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

EIN: 316527924 ✦ Brooklyn, OH ✦ Designated as a 501(c)(3)

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Overview

What is Niehaus Charles Fbo Salvation Ta?

Niehaus Charles Fbo Salvation Ta is a designated fund that provides financial support to the Salvation Army in Dayton, Ohio, as determined by an advisory board. The funds are managed by Keybank, Trustee, who distributes the net income from within the Salvation Army Fund of Dayton, Oh. The Salvation Army, acting as the advisory board, has the authority to request principal distributions for enhancing their Central Corps operations or funding specific social or religious programs that cannot be funded from income. The fund's purpose is to assist the Salvation Army in achieving its mission, and Key Bank maintains a responsiveness to the organization's needs and activities.

Is Niehaus Charles Fbo Salvation Ta legitimate?

Niehaus Charles Fbo Salvation Ta is a legitimate nonprofit organization registered as a 501(c)(3) entity. Niehaus Charles Fbo Salvation Ta 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: $9,799
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Niehaus Charles Fbo Salvation Ta?

The mission of Niehaus Charles Fbo Salvation Ta, as outlined in its trust agreement, involves distributing the net income from its fund to support the activities and missions of various beneficiary organizations. The Salvation Army, acting through its Central Corp, has the right to request principal distributions for enhancing its operations, including specific building or renovation projects, or funding for social or religious programs not feasible with income alone. Keybank, as the trustee, maintains a responsiveness to the needs and activities of each beneficiary organization, ensuring their mission attainment. The focus is on providing support to these organizations, enabling them to carry out their respective missions effectively.

Who is the CEO of Niehaus Charles Fbo Salvation Ta?

Unavailable

What is the revenue of Niehaus Charles Fbo Salvation Ta?

Niehaus Charles Fbo Salvation Ta's revenue in 2023 was $40,698.

Who are the executives of Niehaus Charles Fbo Salvation Ta and what are their salaries?


Here are 3 key members and their salaries:


Keybank Na (Trustee)
  • Compensation: $9,799
  • Related: $0
  • Other: $0
The Salvation Army (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Duperree (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Niehaus Charles Fbo Salvation Ta?

Niehaus Charles Fbo Salvation Ta's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Niehaus Charles Fbo Salvation Ta

Niehaus Charles Fbo Salvation Ta, in line with its trust agreement dated July 5, 1988, and amended on March 18, 1995, focuses on distributing the net income from its Salvation Army Fund. The primary goal is to support the operations and mission of various beneficiary organizations. Beyond distributing income, the Salvation Army, acting through its Central Corp, has the right to request principal distributions for specific building or renovation projects, as well as for funding social or religious programs that cannot be supported through income alone. KeyBank, as the trustee, maintains a keen awareness of the needs and activities of each beneficiary organization, ensuring that grants align with their mission and objectives. This proactive approach allows the fund to contribute effectively to the attainment of each organization's goals.

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Impact




October, 2024

Niehaus Charles Fbo Salvation Ta plays a significant role in supporting the Salvation Army's mission through targeted financial grants. Established under a trust agreement, it ensures that all net income from the fund is distributed to the Salvation Army in Dayton, Ohio, in alignment with the advisory board's directives. This income supports various operational needs, enabling the organization to carry out its social and religious programs effectively.

Moreover, the ability for the advisory board to request distributions from the principal grants the Salvation Army the flexibility to undertake specific projects, such as building renovations or initiatives that require immediate funding. This responsiveness to the evolving needs of the community enhances the Salvation Army's capacity to serve those in need and extend its impact across various programs. Consequently, the trust not only provides financial resources but also aligns with the organization’s strategic vision, facilitating growth and adaptation in its services to better meet community demands.




This information is meant to be a general summary of Niehaus Charles Fbo Salvation Ta. 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
$40,698 (2023)
Expenses
$98,869 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $40,634
  • Gross Receipts: $74,279

Assets and Liabilities:

  • Total Assets: $675,434
  • Total Liabilities: $0
  • Net Assets: $675,434

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Organization Details

Founding Year

1988

Main Address

4900 TIEDEMAN ROAD OH-01-49-0381, BROOKLYN, OH, 44144

NTEE Category

Code: T90Z - Philanthropy

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