C C Choffin Trust

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

EIN: 346522029 ✦ Youngstown, OH ✦ Designated as a 501(c)(3)

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Overview

What is C C Choffin Trust?

The C C Choffin Trust is a charitable entity established according to the late C.C. Choffin's will. Based in Youngstown, Ohio, the trust's primary function is to disburse both income and principal funds to the Board of Education of the Youngstown City School District. This financial support is aimed at ensuring the upkeep, operation, and enhancement of the C. C. Choffin Career and Technical Center. This center serves as an educational hub, providing career and technical skills training to students within the district.

Is C C Choffin Trust legitimate?

C C Choffin Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. C C Choffin 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: $16,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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What is the mission statement of C C Choffin Trust?

The C C Choffin Trust, as per the instructions in C.C. Choffin's Last Will and Testament, distributes its income and principal to the Board of Education of the Youngstown City School District in Ohio. The primary purpose of these distributions is to support the maintenance, operation, and equipment of the C. C. Choffin Career and Technical Center. This center likely provides vocational and technical education to its students, helping them gain the skills necessary for various careers. The trust's mission, therefore, can be understood as contributing to the development and operation of a career and technical education center, thereby benefiting the students and the community.

Who is the CEO of C C Choffin Trust?

Franklin S Bennett Jr is the Trustee of C C Choffin Trust.

What is the revenue of C C Choffin Trust?

C C Choffin Trust's revenue in 2022 was $188,008.

Who are the executives of C C Choffin Trust and what are their salaries?


Here are 3 key members and their salaries:


Franklin S Bennett Jr (Trustee)
  • Compensation: $4,857
  • Related: $0
  • Other: $0
Philip B Dennison (Trustee)
  • Compensation: $4,857
  • Related: $0
  • Other: $0
Douglas J Lumsden Jr (Trustee)
  • Compensation: $4,857
  • Related: $0
  • Other: $0
Where can I find the form 990 for C C Choffin Trust?

C C Choffin Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of C C Choffin Trust

The C. C. Choffin Trust, as per the instructions outlined in the late C.C. Choffin's Last Will and Testament, exists to distribute its income and principal funds to the Board of Education of the Youngstown City School District in Ohio. The primary purpose of these distributions is to support the maintenance, operation, and equipping of the C. C. Choffin Career and Technical Center. This center serves as a vital resource for the community, providing opportunities for education and skill development within a technical context. By investing in this center, the C. C. Choffin Trust is contributing to the betterment of future generations and fostering a skilled workforce.

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Impact




October, 2024

The C C Choffin Trust significantly enhances educational opportunities within the Youngstown City School District by providing essential funding for the C. C. Choffin Career and Technical Center. Established through the Last Will and Testament of C. C. Choffin, the Trust supplies income and principal to support the center's maintenance, operation, and equipment needs. This financial backing empowers the center to deliver quality vocational training and technical education, equipping students with the skills they need for successful careers. By ensuring that the center is properly maintained and well-equipped, the Trust plays a critical role in fostering a skilled workforce in the community and positively impacting the future of local students.




This information is meant to be a general summary of C C Choffin 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
$188,008 (2022)
Expenses
$105,617 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $188,008
  • Gross Receipts: $429,048

Assets and Liabilities:

  • Total Assets: $1,811,368
  • Total Liabilities: $0
  • Net Assets: $1,811,368

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Organization Details

Founding Year

1957

Principal Officer

Franklin S Bennett Jr

Main Address

201 E Commerce Street Suite 200, Youngstown, OH, 44503

NTEE Category

Code: B00 - Education

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