Carmel Of Mary Immaculate Ta

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

EIN: 346506313 ✦ St louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is Carmel Of Mary Immaculate Ta?

Carmel of Mary Immaculate Ta is a nonprofit organization situated in St. Louis, Missouri. It is primarily known for receiving grants, which are directed by the Reverend Mother of the Carmel Monastery, with the purpose of funding religious observances and maintaining the church property. The trust agreement from 1950 outlines this arrangement, and the trustee, TIAA, FSB, is responsible for distributing funds while being responsive to the monastery's needs and objectives. The nonprofit's mission is to support the Carmel of Mary Immaculate Monastery in St. Louis, ensuring its continued operation and religious activities.

Is Carmel Of Mary Immaculate Ta legitimate?

Carmel Of Mary Immaculate Ta is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carmel Of Mary Immaculate 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: $35,972
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Carmel Of Mary Immaculate Ta?

The Carmel Of Mary Immaculate Ta, guided by a trust agreement dated May 15, 1950, receives funds for the benefit of the monastery. TIAA, FSB, serving as the trustee, distributes funds according to the Reverend Mother's directions. The Reverend Mother has the authority to revoke, modify, or add to the trust. The mission of the monastery is supported through TIAA's responsiveness to its needs and activities. The funds are aimed at furthering the monastery's mission and objectives. The specifics of the monastery's mission are not provided in the information, but it can be inferred that the funds are utilized to uphold and advance the religious and charitable activities of the Carmel Of Mary Immaculate Ta.

Who is the CEO of Carmel Of Mary Immaculate Ta?

Tiaa Fsb is the Trustee of Carmel Of Mary Immaculate Ta.

What is the revenue of Carmel Of Mary Immaculate Ta?

Carmel Of Mary Immaculate Ta's revenue in 2020 was $226,453.

Who are the executives of Carmel Of Mary Immaculate Ta and what are their salaries?


Here are 2 key members and their salaries:


Mother Mary Elizabeth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiaa Fsb (Trustee)
  • Compensation: $35,972
  • Related: $0
  • Other: $0
Where can I find the form 990 for Carmel Of Mary Immaculate Ta?

Carmel Of Mary Immaculate Ta's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Carmel Of Mary Immaculate Ta

Carmel Of Mary Immaculate Ta is a nonprofit organization whose mission is centered around the use of funds for the betterment of its affiliated monastery. This monetary support is governed by a trust agreement from May 15, 1950, with TIAA, FSB serving as the trustee. The Reverend Mother of the Carmel Monastery holds the authority to modify, revoke, or add to the trust's directions. The primary objective of these grants is to aid the Carmel of Mary Immaculate Monastery in achieving its mission. TIAA maintains a high level of responsiveness to the monastery's needs and activities, ensuring that the funds are utilized effectively in furthering the monastery's objectives.

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Impact




October, 2024

Carmel Of Mary Immaculate Ta significantly influences the religious community and the upkeep of the Carmel of Mary Immaculate Monastery in St. Louis, Missouri. Through a structured grant-making process, established by a trust agreement in 1950, it ensures the provision of funds for essential religious observations and the maintenance of church property. This consistent financial support allows the monastery to flourish, upholding its mission and fostering a dedicated environment for spiritual growth and community engagement.

The Rev Mother of the Carmel Monastery plays a crucial role in directing the distribution of these grants, ensuring that the funds are used effectively to meet the needs of the monastery and its activities. Their responsiveness to the evolving requirements of the community supports not only daily operations but also enhances religious practices and outreach initiatives. By maintaining the integrity of the sanctuary and its services, Carmel Of Mary Immaculate Ta contributes to the spiritual well-being of individuals and fosters a deeper connection within the local religious community.




This information is meant to be a general summary of Carmel Of Mary Immaculate 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
$226,453 (2020)
Expenses
$94,927 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $222,488
  • Gross Receipts: $1,854,000

Assets and Liabilities:

  • Total Assets: $3,629,639
  • Total Liabilities: $0
  • Net Assets: $3,629,639

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Organization Details

Founding Year

1950

Principal Officer

Tiaa Fsb

Main Address

211 NORTH BROADWAY SUITE 1000, ST LOUIS, MO, 63102

NTEE Category

Code: X11 - Religion related

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