Bernice C Mcconnell Trust 1020010693

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

EIN: 376088111 ✦ Champaign, IL ✦ Designated as a 501(c)(3)

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Overview

What is Bernice C Mcconnell Trust 1020010693?

Bernice C McConnell Trust 1020010693 is a charitable trust situated in Champaign, Illinois. Established in accordance with the will of Bernice McConnell, its primary purpose is to distribute income to the First United Presbyterian Church of Leroy, Illinois. The trust's activities are focused solely on this mission, providing financial support to the church. It operates as a nonprofit entity with a clear and narrowly defined mission.

Is Bernice C Mcconnell Trust 1020010693 legitimate?

Bernice C Mcconnell Trust 1020010693 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bernice C Mcconnell Trust 1020010693 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: $4,915
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Bernice C Mcconnell Trust 1020010693?

The Bernice C McConnell Trust, as established by Bernice McConnell's will, serves a charitable purpose. Its primary mission is to distribute income to the First United Presbyterian Church of Leroy, Illinois. The trust's activities are solely focused on fulfilling this mission, with no additional programs or objectives beyond this financial commitment. The trust operates as a means to uphold Bernice McConnell's legacy, providing continuous support to the Leroy church.

Who is the CEO of Bernice C Mcconnell Trust 1020010693?

Unavailable

What is the revenue of Bernice C Mcconnell Trust 1020010693?

Bernice C Mcconnell Trust 1020010693's revenue in 2022 was $168,262.

Who are the executives of Bernice C Mcconnell Trust 1020010693 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 Bernice C Mcconnell Trust 1020010693?

Bernice C Mcconnell Trust 1020010693's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bernice C Mcconnell Trust 1020010693

The Bernice C McConnell Trust, as established by Bernice McConnell's will, serves as a charitable entity with a distinct mission. This mission involves providing income to the First United Presbyterian Church of Leroy, Illinois. The trust operates on the principles outlined in Bernice McConnell's will, focusing solely on the distribution of funds to this particular church. The Bernice C McConnell Trust does not engage in any activities beyond this purpose, making its programs centrally revolve around the financial support of the First United Presbyterian Church of Leroy, Illinois.

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Impact




October, 2024

The Bernice C McConnell Trust 1020010693 facilitates financial support for the First United Presbyterian Church in Leroy, Illinois, directly impacting its ability to carry out programs and services within the community. By providing a consistent stream of income, the trust enables the church to focus on its mission, enhance educational initiatives, and strengthen community outreach efforts. The trust’s operations ensure that the legacy of Bernice McConnell continues to benefit the church, fostering a supportive environment for spiritual growth and community engagement. Overall, the trust plays a crucial role in sustaining the church's activities, contributing positively to the local community in Leroy, Illinois.




This information is meant to be a general summary of Bernice C Mcconnell Trust 1020010693. 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
$168,262 (2022)
Expenses
$129,189 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12,627
  • Gross Receipts: $316,310

Assets and Liabilities:

  • Total Assets: $691,706
  • Total Liabilities: $0
  • Net Assets: $691,706

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Organization Details

Founding Year

1966

Main Address

PO BOX 260, CHAMPAIGN, IL, 618240260

NTEE Category

Code: B12 - Education

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