Freeport Memorial Gardens Burial Trust Fund

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

EIN: 363322088 ✦ Freeport, IL ✦ Designated as a 501(c)(13)

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Overview

What is Freeport Memorial Gardens Burial Trust Fund?

The Freeport Memorial Gardens Burial Trust Fund is a nonprofit entity, specifically functioning as a burial trust fund for Freeport Memorial Gardens. It operates within the cemetery and burial services sector, providing financial support for burial-related services at Freeport Memorial Gardens. The organization's mission is primarily focused on offering trust-fund solutions for individuals seeking burial services.

Is Freeport Memorial Gardens Burial Trust Fund legitimate?

Freeport Memorial Gardens Burial Trust Fund is a legitimate nonprofit organization registered as a 501(c)(13) entity. Freeport Memorial Gardens Burial Trust Fund 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: $3,475
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Freeport Memorial Gardens Burial Trust Fund?

The Freeport Memorial Gardens Burial Trust Fund is dedicated to serving as a burial trust fund for Freeport Memorial Gardens. Operating within the cemeteries and burial services industry, its mission is primarily focused on providing financial support for burial-related needs. The organization does not disclose a broader social or philanthropic mission statement in the provided information.

Who is the CEO of Freeport Memorial Gardens Burial Trust Fund?

Union Savings Bank is the Trustee of Freeport Memorial Gardens Burial Trust Fund.

What is the revenue of Freeport Memorial Gardens Burial Trust Fund?

Freeport Memorial Gardens Burial Trust Fund's revenue in 2022 was $182,432.

Who are the executives of Freeport Memorial Gardens Burial Trust Fund and what are their salaries?


There is 1 key member and their salary:


Union Savings Bank (Trustee)
  • Compensation: $3,475
  • Related: $0
  • Other: $0
Where can I find the form 990 for Freeport Memorial Gardens Burial Trust Fund?

Freeport Memorial Gardens Burial Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Freeport Memorial Gardens Burial Trust Fund

Freeport Memorial Gardens Burial Trust Fund is a mission-driven organization that serves as a burial trust fund. Its primary purpose is to support Freeport Memorial Gardens, a prominent entity within the cemeteries and burial services industry. The Burial Trust Fund's role is to provide financial assistance for burial-related expenses, ensuring that individuals can lay their loved ones to rest in a dignified manner. By operating within this specific industry, the Freeport Memorial Gardens Burial Trust Fund plays a crucial role in providing peace of mind and closure during challenging times. It operates with the goal of upholding the traditions and values surrounding burial practices, while also offering a supportive and compassionate service to those in need.

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Impact




October, 2024

The Freeport Memorial Gardens Burial Trust Fund plays a vital role in ensuring families have access to essential burial services in Freeport, Illinois. By providing a dedicated burial trust fund, it alleviates the financial burden associated with end-of-life arrangements, allowing families to focus on honoring their loved ones instead of worrying about the costs.

Operating within the cemeteries and burial services industry, the Fund directly supports Freeport Memorial Gardens, enhancing the community’s access to dignified burial options. Its presence fosters a sense of mutual benefit, as it aims to create a sustainable source of funding for burial services that can be relied upon by local families in their times of need. Through this initiative, the Fund not only respects the memory of individuals but also strengthens the community's foundation by ensuring that essential services are both accessible and affordable.




This information is meant to be a general summary of Freeport Memorial Gardens Burial Trust Fund. 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
$182,432 (2022)
Expenses
$108,291 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $93,880
  • Program Service Revenue: $88,552
  • Gross Receipts: $243,043

Assets and Liabilities:

  • Total Assets: $1,230,351
  • Total Liabilities: $0
  • Net Assets: $1,230,351

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BURIAL FEES

Revenue

$88,552

Organization Details

Founding Year

1951

Principal Officer

Union Savings Bank

Main Address

2514 ILLINOIS ROUTE 26 SOUTH, FREEPORT, IL, 61032

NTEE Category

Code: Y50 - Mutual benefit

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