Trust Users Group Inc

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

EIN: 364947892 ✦ Boulder, CO ✦ Designated as a 501(c)(6)

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Overview

What is Trust Users Group Inc?

Trust Users Group Inc., or TUG, is a nonprofit organization situated in Boulder, Colorado. Its primary objective is to foster education, networking opportunities, and continuous learning within the fiduciary wealth management sector. TUG achieves this through various means, such as conferences, monthly member calls, and vendor referrals. The conferences, held twice annually, serve as a platform for sharing knowledge on tax, legal, and other industry-related matters, while also providing networking opportunities. The monthly member calls enable discussions on best practices, regulatory updates, and collaborations with vendors. TUG's activities are designed to enhance the understanding and skills of its members, enabling them to carry out fiduciary responsibilities in compliance with applicable laws.


Official website here: www.trustusersgroup.groupsite.com

Is Trust Users Group Inc legitimate?

Trust Users Group Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Trust Users Group Inc 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


Official website here: www.trustusersgroup.groupsite.com

What is the mission statement of Trust Users Group Inc?

Trust Users Group Inc, often referred to as TUG, is an organization dedicated to serving the fiduciary wealth management industry. Its primary goal is to promote education, networking, vendor referrals, and continuing education for its members. TUG accomplishes this by hosting conferences, both for members and non-members, serving as a platform to share knowledge, network, and discuss industry-related issues such as tax and legal matters. The organization also provides monthly member calls, which allow members to discuss best practices, exchange information on new regulations, and network with vendors. These activities aim to enhance the educational, skills, and regulatory understanding of the industry, enabling members to carry out fiduciary actions consistently with applicable law. In 2022, TUG held both a spring and fall training conference.


Official website here: www.trustusersgroup.groupsite.com

Who is the CEO of Trust Users Group Inc?

Jeff Eubanks is the President of Trust Users Group Inc.


Official website here: www.trustusersgroup.groupsite.com

What is the revenue of Trust Users Group Inc?

Trust Users Group Inc's revenue in 2022 was $412,747.


Official website here: www.trustusersgroup.groupsite.com

Who are the executives of Trust Users Group Inc and what are their salaries?

There 7 volunteers at Trust Users Group Inc.


Here are 7 key members and their salaries:


Jeff Eubanks (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Search (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyn Sakamoto (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Beck (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Weckbacher (Conference Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kellina West (Vendor Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Holder (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.trustusersgroup.groupsite.com

Where can I find the form 990 for Trust Users Group Inc?

Trust Users Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.trustusersgroup.groupsite.com

Learn more at the official website: www.trustusersgroup.groupsite.com

Mission Statement of Trust Users Group Inc

Trust Users Group Inc, abbreviated as TUG, is dedicated to promoting education, networking, vendor referrals, and continuing education within the fiduciary wealth management industry. The organization's mission is to provide a platform for professionals in this field, offering them opportunities for education, skill development, and regulatory understanding. TUG serves as a forum where industry members can share best practices, explore new technology, learn from users of supporting systems, and stay updated on regulatory and compliance changes.

TUG accomplishes its mission through various vehicles, with conferences being the primary one. These conferences, held both in the spring and fall, cater to both TUG members and non-members. These events offer a platform to discuss tax, legal, and other industry-related issues, providing an excellent opportunity for members to network, develop relationships, and exchange ideas. Beyond conferences, TUG also organizes monthly member calls. These touchpoints enable members to discuss best practices, exchange information about new and amended regulations, provide referrals, and network with vendors. These activities contribute to more effective operations within the fiduciary wealth management industry.

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Impact




October, 2024

Trust Users Group Inc significantly enhances the fiduciary wealth management industry by promoting education, networking, and ongoing professional development. Through its well-structured conferences held twice a year, TUG creates a platform for industry professionals to engage in crucial discussions about tax, legal, and regulatory issues that impact their work. These conferences not only facilitate the sharing of knowledge and best practices but also foster relationships among peers, enabling collaboration and idea exchange.

Additionally, TUG provides monthly member calls that serve as valuable touchpoints for discussing regulatory updates, sharing referrals, and networking with vendors. This continuous engagement helps members stay informed about new developments and encourages the effective execution of fiduciary responsibilities in compliance with applicable laws.

By establishing a forum for education and collaboration, Trust Users Group Inc plays a vital role in advancing the skills and understanding of its members, ultimately leading to improved standards and practices within the fiduciary wealth management industry.




This information is meant to be a general summary of Trust Users Group Inc. 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
$412,747 (2022)
Expenses
$404,578 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,760
  • Program Service Revenue: $408,987
  • Gross Receipts: $412,747

Assets and Liabilities:

  • Total Assets: $306,255
  • Total Liabilities: $0
  • Net Assets: $306,255

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Programs

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

CONFERENCES

Revenue

$303,501

GPUG CONFERENCE REGIST

Revenue

$55,486

MEMBERSHIP DUES

Revenue

$50,000

Organization Details

Founding Year

2019

Principal Officer

Jeff Eubanks

Main Address

1942 BROADWAY STREET 314C, BOULDER, CO, 80302

NTEE Category

Code: S40 - Community improvement

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