Overview
What is Robert H & Esther L Cooper Hazelwood Christian Church Trust?
The Robert H & Esther L Cooper Hazelwood Christian Church Trust is a charitable organization that follows a testamentary trust's guidelines. Its primary purpose is to distribute income generated by the trust's principal funds to Hazelwood Christian Church. This nonprofit entity, based in Muncie, Indiana, adheres to its mission by transferring the earnings to the Christian church, thereby supporting its operations and activities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 31%
The Robert H & Esther L Cooper Hazelwood Christian Church Trust has received a low rating of 31%, resulting in a Zero-Star out of Four Stars designation. This rating reflects significant concerns regarding the organization's accountability and financial management practices. Specifically, the charity has no independent board members, which raises potential governance issues, and several key policies, including conflict of interest and whistleblower protections, are absent.
In terms of financial health, the charity reports a program expense ratio of 55.02%, indicating that over half of its expenses are directed towards its programs. However, the lack of transparency in financial documentation and the absence of a website for public access to tax forms are critical deficiencies that could undermine donor trust. Furthermore, the organization has demonstrated a solid liabilities to assets ratio of 0.00%, suggesting minimal debt.
Overall, while the organization is engaging in some programmatic work, its governance and transparency issues pose significant risks to its long-term effectiveness and accountability. Donors and stakeholders may want to consider these factors seriously before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Robert H & Esther L Cooper Hazelwood Christian Church Trust legitimate?
Robert H & Esther L Cooper Hazelwood Christian Church Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robert H & Esther L Cooper Hazelwood Christian Church 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 Robert H & Esther L Cooper Hazelwood Christian Church Trust?
The Robert H & Esther L Cooper Hazelwood Christian Church Trust's primary objective is to distribute the income generated by its principal to the Hazelwood Christian Church. This mission is carried out in accordance with the guidelines set by the testamentary trust. The Trust's purpose, therefore, is to support the operations and needs of the Hazelwood Christian Church financially. It does not engage in any other activities beyond this distribution of income. The Trust's role is instrumental in providing financial support to the church, ensuring its continued operation and service to its community.
Who is the CEO of Robert H & Esther L Cooper Hazelwood Christian Church Trust?
Jennifer Miller is the Institutional Trustee of Robert H & Esther L Cooper Hazelwood Christian Church Trust.
What is the revenue of Robert H & Esther L Cooper Hazelwood Christian Church Trust?
Robert H & Esther L Cooper Hazelwood Christian Church Trust's revenue in 2022 was $13,637.
Who are the executives of Robert H & Esther L Cooper Hazelwood Christian Church Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $3,580
- Related: $0
- Other: $0
Where can I find the form 990 for Robert H & Esther L Cooper Hazelwood Christian Church Trust?
Robert H & Esther L Cooper Hazelwood Christian Church Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Robert H & Esther L Cooper Hazelwood Christian Church Trust
The Robert H & Esther L Cooper Hazelwood Christian Church Trust is dedicated to distributing the income it earns to the Hazelwood Christian Church. This mission is outlined in the guidelines of the testamentary trust. The primary aim of the trust is to support the church financially, ensuring its continued operations and services. By distributing its earnings to the church, the trust plays a significant role in sustaining the religious and community activities of the Hazelwood Christian Church.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Robert H & Esther L Cooper Hazelwood Christian Church Trust positively impacts Hazelwood Christian Church by ensuring a steady flow of income to support its activities and mission. By distributing grants based on the income earned from its principal, the Trust plays a crucial role in enhancing the church's operational capabilities and outreach programs. This financial support enables the church to engage more deeply with its community, providing religious services, educational programs, and various community initiatives. The Trust’s commitment to supporting the church strengthens its foundation, allowing it to thrive and fulfill its spiritual mission in Muncie, IN.
This information is meant to be a general summary of Robert H & Esther L Cooper Hazelwood Christian Church 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: $13,637
- Gross Receipts: $25,793
Assets and Liabilities:
- Total Assets: $285,288
- Total Liabilities: $0
- Net Assets: $285,288
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1997
Phone
(765) 747-2800Principal Officer
Jennifer Miller
Main Address
CO NORTHWEST BANK PO BOX 432, MUNCIE, IN, 473080432
NTEE Category
Code: X11 - Religion related
If you are a representative of Robert H & Esther L Cooper Hazelwood Christian Church Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.