James R Franey Charitable Trust

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

EIN: 376264858 ✦ Pontiac, IL ✦ Designated as a 501(c)(3)

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Overview

What is James R Franey Charitable Trust?

The James R Franey Charitable Trust is a philanthropic organization situated in Pontiac, Illinois. Its primary objective is to provide financial assistance to SS Peter and Paul's Roman Catholic Congregation of Chatsworth, aiding in their religious education, activities, and general operational expenses. The Trust distributes its annual net farm rent income to support the Congregation, funding church maintenance and events, as well as contributing to their overall operational expenses. The Trust's purpose is to strengthen the Congregation and contribute to their spiritual growth.

Is James R Franey Charitable Trust legitimate?

James R Franey Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. James R Franey Charitable Trust 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 James R Franey Charitable Trust?

The James R Franey Charitable Trust's mission is centered around providing financial assistance. It aims to support the religious education and activities of a Roman Catholic Congregation, specifically SS Peter and Paul's in Chatsworth, Illinois. The Trust annually distributes its net farm rent income to cover church maintenance costs, expenses related to religious events, and to contribute to the Congregation's overall operating expenditures. The purpose of these contributions is to enable the Congregation to carry out its religious duties effectively and serve its community.

Who is the CEO of James R Franey Charitable Trust?

Stephen Kurtenbach is the Trustee of James R Franey Charitable Trust.

What is the revenue of James R Franey Charitable Trust?

James R Franey Charitable Trust's revenue in 2022 was $60,537.

Who are the executives of James R Franey Charitable Trust and what are their salaries?


Here are 2 key members and their salaries:


Stephen Kurtenbach (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Father David Sabel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for James R Franey Charitable Trust?

James R Franey Charitable Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of James R Franey Charitable Trust

The James R Franey Charitable Trust is dedicated to providing financial assistance to SS Peter and Paul's Roman Catholic Congregation in Chatsworth, Illinois. Its primary mission involves supporting the Congregation's religious education and activities, as well as contributing to their general operating costs. Each year, the Trust distributes the income derived from its net farm rent to aid the Congregation in maintaining their church, hosting religious events, and covering their overall operational expenses.

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Impact




October, 2024

The James R Franey Charitable Trust plays a significant role in supporting the SS Peter and Paul's Roman Catholic Congregation in Chatsworth, Illinois. By providing essential financial assistance derived from net farm rent income, the Trust ensures that the Congregation can cover church maintenance, operating costs, and expenses associated with religious events. This funding helps sustain the community's spiritual and educational activities, fostering a vibrant religious environment and allowing for continued engagement and support across generations. The Trust's commitment to these initiatives has a lasting impact on the Congregation's ability to serve its members and the community at large.




This information is meant to be a general summary of James R Franey Charitable Trust. 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
$60,537 (2022)
Expenses
$66,171 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $60,537
  • Gross Receipts: $60,537

Assets and Liabilities:

  • Total Assets: $266,262
  • Total Liabilities: $0
  • Net Assets: $266,262

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Organization Details

Principal Officer

Stephen Kurtenbach

Main Address

1040 W Howard Street, Pontiac, IL, 61764

NTEE Category

Code: X22 - Religion related

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