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Lester Silliman Trust Heartland Bank And Trust Co Trustee

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

EIN: 371109198 ✦ Normal, IL ✦ Designated as a 501(c)(3)

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Overview

What is Lester Silliman Trust Heartland Bank And Trust Co Trustee?

Lester Silliman Trust Heartland Bank and Trust Co Trustee is a nonprofit entity, serving as a trustee, that manages funds dedicated to enhancing municipal projects and improvements within the City of Chenoa, Illinois. As per the directions in Lester Silliman's will, the trustee disperses a grant worth $40,000 to support these initiatives. The beneficiary city is located at 201 Green Street, Chenoa IL 61736. The trustee responsible for this activity is based in Normal, IL. The nonprofit's purpose is to foster growth and development in its local community by investing in municipal projects.

Is Lester Silliman Trust Heartland Bank And Trust Co Trustee legitimate?

Lester Silliman Trust Heartland Bank And Trust Co Trustee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lester Silliman Trust Heartland Bank And Trust Co Trustee submitted a form 990EZ, 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.

What is the mission statement of Lester Silliman Trust Heartland Bank And Trust Co Trustee?

The Lester Silliman Trust, overseen by Heartland Bank and Trust Co Trustee, is dedicated to supporting municipal projects and improvements within a specific city, as outlined in Lester Silliman's will. The trust's primary objective is to allocate funds towards enhancing the city's infrastructure. The grant amounting to $40,000 is intended to benefit this city. The trustee responsible for managing this activity is located in Normal, Illinois.

Who is the CEO of Lester Silliman Trust Heartland Bank And Trust Co Trustee?

Unavailable

What is the revenue of Lester Silliman Trust Heartland Bank And Trust Co Trustee?

Lester Silliman Trust Heartland Bank And Trust Co Trustee's revenue in 2022 was $66,067.

Who are the executives of Lester Silliman Trust Heartland Bank And Trust Co Trustee and what are their salaries?


There is 1 key member and their salary:


Heartand Bank & Trust (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Lester Silliman Trust Heartland Bank And Trust Co Trustee?

Lester Silliman Trust Heartland Bank And Trust Co Trustee's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Lester Silliman Trust Heartland Bank And Trust Co Trustee

Lester Silliman Trust Heartland Bank and Trust Co Trustee, acting as per Lester Silliman's will, is dedicated to supporting municipal projects and improvements in the City of Chenoa, Illinois. The trustee administers a grant of $40,000, aiming to contribute positively to the city's infrastructure and development. Their mission is to enhance the City of Chenoa by funding various municipal projects, thereby improving the overall quality of life for its residents.

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Impact




October, 2024

The Lester Silliman Trust, administered by Heartland Bank and Trust Co, plays a significant role in enhancing municipal projects and improvements in Chenoa, Illinois. With a dedicated grant of $40,000, it directly supports vital community initiatives that enhance the quality of life for residents. By providing this funding, the trust enables the city to undertake essential developments, ensuring that infrastructure and public services meet the needs of the community. This financial support fosters a positive environment for growth and development, showcasing the trust’s commitment to enriching the local area in accordance with Lester Silliman's vision. The trustee, located in Normal, IL, ensures that the funds are utilized effectively to benefit the city, making a lasting impact on the community’s vitality and sustainability.




This information is meant to be a general summary of Lester Silliman Trust Heartland Bank And Trust Co Trustee. 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
$66,067 (2022)
Expenses
$58,321 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $66,067
  • Gross Receipts: $66,067

Assets and Liabilities:

  • Total Assets: $483,267
  • Total Liabilities: $8,469
  • Net Assets: $474,798

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Organization Details

Main Address

200 West College Ave, Normal, IL, 61761

NTEE Category

Code: T22 - Philanthropy

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