James R Elder Trust 1020000597

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

EIN: 376038054 ✦ Champaign, IL ✦ Designated as a 501(c)(3)

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Overview

What is James R Elder Trust 1020000597?

James R Elder Trust 1020000597 is a charitable trust, established according to the will of James Elder. Its primary mission is to distribute its net income to Cunningham Children's Home, a nonprofit organization located in Urbana, Illinois. This home provides essential support to needy children, acting as a safe haven and offering them necessary resources. The trust's activities are solely dedicated to contributing to the welfare of these children, furthering the cause of Cunningham Children's Home.

Is James R Elder Trust 1020000597 legitimate?

James R Elder Trust 1020000597 is a legitimate nonprofit organization registered as a 501(c)(3) entity. James R Elder Trust 1020000597 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: $429
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of James R Elder Trust 1020000597?

The James R Elder Trust 1020000597 is a charitable entity, established through the will of James Elder. Its primary mission is to distribute its income to Cunningham Children's Home, a non-profit organization that caters to the needs of underprivileged children. The trust's purpose is to contribute financially to this home, thereby supporting its operations and aiding the children it serves. The Cunningham Children's Home, located in Urbana, IL, benefits greatly from the trust's income, which in turn, aids in providing a better living environment and essential support to the needy children under its care.

Who is the CEO of James R Elder Trust 1020000597?

Unavailable

What is the revenue of James R Elder Trust 1020000597?

James R Elder Trust 1020000597's revenue in 2022 was $169,759.

Who are the executives of James R Elder Trust 1020000597 and what are their salaries?


There is 1 key member and their salary:


Busey Bank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for James R Elder Trust 1020000597?

James R Elder Trust 1020000597's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of James R Elder Trust 1020000597

The James R Elder Trust 1020000597 is a charitable entity established according to the will of James Elder. Its primary mission is to disseminate its income to Cunningham Children's Home, an organization dedicated to supporting needy children. This trust serves as a financial resource for Cunningham Children's Home, a charitable home located in Urbana, Illinois, that provides care and assistance to underprivileged children. By distributing its income to this worthy cause, the James R Elder Trust 1020000597 plays a significant role in contributing to the well-being and development of disadvantaged children.

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Impact




October, 2024

James R Elder Trust 1020000597 significantly impacts vulnerable children in the community by providing essential financial support to Cunningham Children's Home, a dedicated organization that serves needy children. Through the distribution of its income, the trust plays a crucial role in enhancing the resources available for the home, enabling it to offer various programs and services that cater to the physical, emotional, and educational needs of its residents. This support is vital for creating a nurturing environment where children can thrive, receive care, and heal from past adversities. By ensuring a consistent flow of funding to Cunningham Children's Home, the trust helps sustain initiatives that promote well-being and better futures for these children.




This information is meant to be a general summary of James R Elder Trust 1020000597. 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
$169,759 (2022)
Expenses
$173,789 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $727
  • Gross Receipts: $212,229

Assets and Liabilities:

  • Total Assets: $213,575
  • Total Liabilities: $0
  • Net Assets: $213,575

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Organization Details

Founding Year

1944

Main Address

PO BOX 260, CHAMPAIGN, IL, 618240260

NTEE Category

Code: G90 - Disease

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