Grovehayward Trust

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

EIN: 366053004 ✦ Ottawa, IL ✦ Designated as a 501(c)(3)

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Overview

What is Grovehayward Trust?

The Grovehayward Trust is a trust established with a specific purpose. Its income is intended to support the First Congregational Church of Ottawa, Illinois. This financial aid aids in maintaining the church building and overseeing its general operations. The trust serves as a vital source of income for the church, contributing to its upkeep and day-to-day functioning.

Is Grovehayward Trust legitimate?

Grovehayward Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grovehayward 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 Grovehayward Trust?

The Grovehayward Trust's primary purpose is to generate income, which is then allocated to the First Congregational Church of Ottawa, Illinois. This financial support has historically been utilized to maintain the church building and cover the church's general operational expenses. The mission of the Grovehayward Trust, therefore, can be understood as providing financial assistance to the First Congregational Church, thereby contributing to its continued operation and upkeep.

Who is the CEO of Grovehayward Trust?

Kevin Steward is the Trustee of Grovehayward Trust.

What is the revenue of Grovehayward Trust?

Grovehayward Trust's revenue in 2022 was $38,667.

Who are the executives of Grovehayward Trust and what are their salaries?


There is 1 key member and their salary:


First National Bank-Trust Dept (Trustee)
  • Compensation: $15,664
  • Related: $0
  • Other: $0
Where can I find the form 990 for Grovehayward Trust?

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

Mission Statement of Grovehayward Trust

The Grovehayward Trust is a philanthropic entity with a specific purpose. The mission of this trust is to generate income, which is then allocated to the First Congregational Church of Ottawa, Illinois. This financial support has been instrumental in sustaining the church building and its overall operations. The trust's contributions have played a significant role in the church's ability to carry out its religious and community activities.

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Impact




October, 2024

Grovehayward Trust plays a vital role in supporting the First Congregational Church of Ottawa, IL. The income generated from the trust is dedicated to maintaining the church building and facilitating its general operations. This financial backing ensures the church can sustain its programs and community outreach, creating a stable environment for worship and gatherings. By providing ongoing resources, Grovehayward Trust contributes significantly to the vitality of the church and its ability to serve the community effectively.




This information is meant to be a general summary of Grovehayward 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
$38,667 (2022)
Expenses
$72,127 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $38,667
  • Gross Receipts: $628,891

Assets and Liabilities:

  • Total Assets: $1,939,605
  • Total Liabilities: $0
  • Net Assets: $1,939,605

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Organization Details

Founding Year

1962

Principal Officer

Kevin Steward

Main Address

FIRST NATIONAL BANK 701 LASALLE ST, OTTAWA, IL, 61350

NTEE Category

Code: X22 - Religion related

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