Freeport Memorial Gardens Inc Memorial Care Trust

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

EIN: 366025076 ✦ Freeport, IL ✦ Designated as a 501(c)(13)

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Overview

What is Freeport Memorial Gardens Inc Memorial Care Trust?

Freeport Memorial Gardens Inc Memorial Care Trust is a nonprofit organization located in Freeport, Illinois. Its primary mission revolves around managing memorials for the Freeport Memorial Gardens cemetery. Through this trust fund, the organization ensures the proper care and preservation of the memorials, honoring the memory of those buried there. The trust is overseen by CO Union Bank, located at 223 W Stephenson, Freeport.

Is Freeport Memorial Gardens Inc Memorial Care Trust legitimate?

Freeport Memorial Gardens Inc Memorial Care Trust is a legitimate nonprofit organization registered as a 501(c)(13) entity. Freeport Memorial Gardens Inc Memorial Care 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: $2,538
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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What is the mission statement of Freeport Memorial Gardens Inc Memorial Care Trust?

The Freeport Memorial Gardens Inc Memorial Care Trust is dedicated to managing funds for memorials within the cemetery. Its primary mission is to account for these memorials, ensuring their proper maintenance and upkeep. The trust's activities are aimed at honoring the memory of those who have been laid to rest, preserving their legacies within the cemetery. The trust does not have a mission statement that extends beyond this specific purpose, focusing solely on memorial care within the cemetery.

Who is the CEO of Freeport Memorial Gardens Inc Memorial Care Trust?

Union Savings Bank is the Trustee of Freeport Memorial Gardens Inc Memorial Care Trust.

What is the revenue of Freeport Memorial Gardens Inc Memorial Care Trust?

Freeport Memorial Gardens Inc Memorial Care Trust's revenue in 2022 was $52,902.

Who are the executives of Freeport Memorial Gardens Inc Memorial Care Trust and what are their salaries?


There is 1 key member and their salary:


Union Savings Bank (Trustee)
  • Compensation: $2,538
  • Related: $0
  • Other: $0
Where can I find the form 990 for Freeport Memorial Gardens Inc Memorial Care Trust?

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

Mission Statement of Freeport Memorial Gardens Inc Memorial Care Trust

Freeport Memorial Gardens Inc Memorial Care Trust is dedicated to managing memorials within their cemetery, ensuring that the memories of loved ones are preserved and honored. This mission is carried out through the operation of a Memorial Trust Fund, which specifically caters to the memorials within the cemetery. This fund is an essential aspect of Freeport Memorial Gardens Inc Memorial Care Trust's activities, ensuring that families can pay tribute to their loved ones in a meaningful and enduring manner. The trust ensures the proper maintenance and upkeep of these memorials, providing peace of mind to the families who have chosen this form of remembrance. The mission of Freeport Memorial Gardens Inc Memorial Care Trust is a testament to their commitment to providing a lasting and respectful tribute to the departed, allowing families to honor their loved ones in a meaningful way.

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Impact




October, 2024

Freeport Memorial Gardens Inc Memorial Care Trust significantly impacts the community by managing a dedicated fund for memorials at the Freeport Memorial Gardens Cemetery. This trust ensures that the memory of individuals interred at the cemetery is honored and preserved. By providing careful accounting and management of memorial funds, the Trust supports the maintenance and enhancement of the cemetery, creating a respectful and serene environment for families and visitors.

The trust's mission focuses on accountability and stewardship of memorials, which fosters a sense of mutual benefit among community members. Families can have peace of mind knowing that their loved ones' legacies are appropriately cared for, while the community benefits from a well-maintained memorial site that serves as a place of reflection and remembrance. Overall, Freeport Memorial Gardens Inc Memorial Care Trust plays a crucial role in preserving the dignity and beauty of the cemetery, ensuring that it remains a meaningful space for generations to come.




This information is meant to be a general summary of Freeport Memorial Gardens Inc Memorial Care 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
$52,902 (2022)
Expenses
$31,558 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $41,199
  • Program Service Revenue: $11,703
  • Gross Receipts: $52,902

Assets and Liabilities:

  • Total Assets: $863,183
  • Total Liabilities: $0
  • Net Assets: $863,183

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Programs

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

MEMORIALS RECEIVED

Revenue

$11,703

Organization Details

Founding Year

1951

Principal Officer

Union Savings Bank

Main Address

CO UNION BANK 223 W STEPHENSON, FREEPORT, IL, 61032

NTEE Category

Code: Y50 - Mutual benefit

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