Overview
What is Jens H And Beatrice Short Spandet T Under?
Jens H and Beatrice Short Spandet T Under is a trust, established with the primary objective of providing support to three religious institutions: Saint Peter's Evangelical Lutheran Church, Dwight United Methodist Church, and First Congregational Church. This trust holds assets and makes distributions to ensure the continued operation and growth of these churches, thereby contributing to their spiritual and community services. The trust plays a crucial role in maintaining and strengthening the religious and social fabric of the community associated with these churches.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50% (One-Star out of Four Stars)
Jens H And Beatrice Short Spandet T Under has received a low rating of 50% from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The organization has no independent board members, which is critical for ensuring governance and oversight. Additionally, key policies such as conflict of interest and whistleblower protections are missing, indicating a lack of transparency and accountability.
On a positive note, the charity has a strong program expense ratio of 87.37%, suggesting that a substantial portion of its funds is directed towards its programs. Furthermore, there are no reported material diversions of assets, which highlights a degree of financial integrity. However, the absence of essential governance documentation, such as board meeting minutes and a posted tax form, raises questions about the overall management and operational transparency of the organization.
Overall, while the charity demonstrates a commitment to programmatic spending, the lack of independent oversight and the absence of critical governance policies significantly undermine its rating. Prospective donors may want to consider these factors when evaluating their support for this nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Jens H And Beatrice Short Spandet T Under legitimate?
Jens H And Beatrice Short Spandet T Under is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jens H And Beatrice Short Spandet T Under 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: $500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Jens H And Beatrice Short Spandet T Under?
The trust named Jens H and Beatrice Short Spandet T Under has a singular objective. Its primary role is to maintain and manage assets, with the intention of making distributions to support three religious institutions: Saint Peter's Evangelical Lutheran Church, Dwight United Methodist Church, and First Congregational Church. This mission is aimed at providing continued support to these religious organizations.
Who is the CEO of Jens H And Beatrice Short Spandet T Under?
Shanon M Mcmasters is the Principal Officer of Jens H And Beatrice Short Spandet T Under.
What is the revenue of Jens H And Beatrice Short Spandet T Under?
Jens H And Beatrice Short Spandet T Under's revenue in 2022 was $65,828.
Who are the executives of Jens H And Beatrice Short Spandet T Under and what are their salaries?
There is 1 key member and their salary:
- Compensation: $500
- Related: $0
- Other: $0
Where can I find the form 990 for Jens H And Beatrice Short Spandet T Under?
Jens H And Beatrice Short Spandet T Under's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jens H And Beatrice Short Spandet T Under
Jens H and Beatrice Short Spandet T Under is a trust with a specific mission. Its primary goal is to support three religious institutions: Saint Peter's Evangelical Lutheran Church, Dwight United Methodist Church, and First Congregational Church. The trust's role is to hold assets and make distributions to these churches, ensuring their continued operations and services to their respective communities. By doing so, Jens H and Beatrice Short Spandet T Under contributes to the spiritual well-being and support of the individuals associated with these churches. The trust's actions serve as a testament to its dedication to fostering and sustaining faith-based institutions in their missions.
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Impact
October, 2024
Jens H And Beatrice Short Spandet T Under plays a significant role in enhancing the financial stability and outreach of three local churches in Terre Haute, Indiana. By holding assets and distributing funds, the trust directly supports Saint Peter's Evangelical Lutheran Church, Dwight United Methodist Church, and First Congregational Church. This support allows these congregations to maintain and expand their programs, community services, and outreach initiatives, thus fostering spiritual growth and community engagement within the area. The trust's commitment to these institutions contributes to the overall vitality of the religious landscape in the community, ensuring that these churches can continue their missions and positively impact the lives of their congregants and local residents.
This information is meant to be a general summary of Jens H And Beatrice Short Spandet T Under. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,324
- Gross Receipts: $121,363
Assets and Liabilities:
- Total Assets: $456,668
- Total Liabilities: $0
- Net Assets: $456,668
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Organization Details
Founding Year
1957
Phone
(217) 554-1313Principal Officer
Shanon M Mcmasters
Main Address
PO BOX 540, TERRE HAUTE, IN, 478080540
NTEE Category
Code: X12 - Religion related
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