Overview
What is Robert Cullen Irrevocable Trust No 523 C/O Bank Of Pontiac?
Robert Cullen Irrevocable Trust No 523 C/O Bank Of Pontiac is a charitable trust located in Pontiac, Illinois. Its primary function is to generate income, which it then transfers to a governmental entity for use within its operational budget. The supported entity utilizes these funds to support various programs, with the Flanagan Park District being one of them. While the specifics of the trust's activities aren't provided, it contributes to the overall operation and improvement of the mentioned park district.
Is Robert Cullen Irrevocable Trust No 523 C/O Bank Of Pontiac legitimate?
Robert Cullen Irrevocable Trust No 523 C/O Bank Of Pontiac is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robert Cullen Irrevocable Trust No 523 C/O Bank Of Pontiac 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 Robert Cullen Irrevocable Trust No 523 C/O Bank Of Pontiac?
The Robert Cullen Irrevocable Trust No 523, through its financial contributions, supports the operating budget of a governmental entity. This entity utilizes the trust's funds for various programs, with the Flanagan Park District being one of them. The primary function of this trust is to provide income that aids in the operation and execution of these programs. The mission of the trust, therefore, can be summarized as providing financial assistance to support the initiatives and activities of the beneficiary governmental entity.
Who is the CEO of Robert Cullen Irrevocable Trust No 523 C/O Bank Of Pontiac?
Bank Of Pontiac is the Trustee of Robert Cullen Irrevocable Trust No 523 C/O Bank Of Pontiac.
What is the revenue of Robert Cullen Irrevocable Trust No 523 C/O Bank Of Pontiac?
Robert Cullen Irrevocable Trust No 523 C/O Bank Of Pontiac's revenue in 2022 was $30,324.
Who are the executives of Robert Cullen Irrevocable Trust No 523 C/O Bank Of Pontiac and what are their salaries?
There is 1 key member and their salary:
- Compensation: $406
- Related: $0
- Other: $0
Where can I find the form 990EZ for Robert Cullen Irrevocable Trust No 523 C/O Bank Of Pontiac?
Robert Cullen Irrevocable Trust No 523 C/O Bank Of Pontiac's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Robert Cullen Irrevocable Trust No 523 C/O Bank Of Pontiac
The Robert Cullen Irrevocable Trust No 523, in its mission, provides a source of income to a designated governmental entity. This entity utilizes this income as a part of its operational budget. The programs that benefit from this trust's contributions include the Flanagan Park District. By doing so, the trust plays a vital role in supporting the operations and initiatives of the governmental entity, thereby contributing to its community in an indirect yet impactful manner.
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Impact
October, 2024
The Robert Cullen Irrevocable Trust No 523 C/O Bank Of Pontiac plays a significant role in supporting local governance through its financial contributions. By supplying income to a governmental entity, it directly enhances the operating budget that supports various community programs, including those offered by the Flanagan Park District. This funding ensures the continuation and potentially the expansion of recreational and community services in Pontiac, IL, allowing the park district to maintain facilities, organize events, and provide programs that benefit the residents. Overall, the trust's impact is evident in its ability to bolster local infrastructure and community well-being.
This information is meant to be a general summary of Robert Cullen Irrevocable Trust No 523 C/O Bank Of Pontiac. 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: $30,324
- Gross Receipts: $30,324
Assets and Liabilities:
- Total Assets: $193,991
- Total Liabilities: $0
- Net Assets: $193,991
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Organization Details
Phone
(815) 844-6155Principal Officer
Bank Of Pontiac
Main Address
PO BOX 710, PONTIAC, IL, 61764
NTEE Category
Code: W00 - Public benefit
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