Overview
What is Buikema Benjamin J Irrev Trust?
The Buikema Benjamin J Irrev Trust is a charitable organization based in Cincinnati, Ohio. As per its governing document, this trust makes distributions to various charitable organizations, serving to alleviate the financial burdens of these nonprofits. The trust follows a structured approach in making these payments, adhering strictly to the terms laid out in its governing document.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two Stars (60%)
The Buikema Benjamin J Irrev Trust has received a Two-Star out of Four Star rating from Charity Navigator, indicating a score of 60%. This rating reflects moderate performance in accountability and finance, with strengths in program expenses, showing that approximately 75.92% of its expenses are directed towards its programs. Additionally, the organization has no reported material diversions of assets, which is a positive sign regarding its financial management.
However, there are significant limitations highlighted in the evaluation. The organization lacks independent board members, which raises concerns about governance and oversight. Furthermore, several key policies, including a whistleblower policy and a document retention and destruction policy, are missing, which could affect transparency and accountability. The absence of a website listed on the tax form and the failure to post important documents on its website also detract from its credibility.
Overall, while the Buikema Benjamin J Irrev Trust shows a commitment to its programs, the issues related to governance and missing policies may pose risks to its overall accountability and transparency. Prospective donors and stakeholders may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Buikema Benjamin J Irrev Trust legitimate?
Buikema Benjamin J Irrev Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buikema Benjamin J Irrev Trust 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: $3,748
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Buikema Benjamin J Irrev Trust?
The Buikema Benjamin J Irrev Trust's mission, as outlined in its governing document, involves making distributions to designated charities to aid in covering their expenses. This mission is aimed at providing financial assistance to these charities, thereby helping them to continue their operations effectively. The trust's activities involve directing distributions to various charitable organizations, in accordance with the terms of its governing document.
Who is the CEO of Buikema Benjamin J Irrev Trust?
Fifth Third Bank Na is the Trustee of Buikema Benjamin J Irrev Trust.
What is the revenue of Buikema Benjamin J Irrev Trust?
Buikema Benjamin J Irrev Trust's revenue in 2023 was $8,256.
Who are the executives of Buikema Benjamin J Irrev Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $3,748
- Related: $0
- Other: $0
Where can I find the form 990 for Buikema Benjamin J Irrev Trust?
Buikema Benjamin J Irrev Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Buikema Benjamin J Irrev Trust
The Buikema Benjamin J Irrev Trust is a philanthropic entity that follows a specific set of guidelines, as outlined in its governing document. Its mission involves making distributions to designated charitable organizations with the primary goal of aiding these organizations in managing their expenses. By doing so, the Trust seeks to contribute positively to the charitable sector and support the causes they are committed to. These distributions are carried out in accordance with the stipulations outlined in the Trust's governing document.
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Impact
October, 2024
Buikema Benjamin J Irrev Trust significantly supports various charitable organizations by providing financial distributions as specified in its governing document. These distributions are aimed at helping to defray the expenses of the designated charities, thereby enabling them to fulfill their missions more effectively. Located in Cincinnati, Ohio, the trust focuses on religious-related activities, ensuring that funds are allocated in a manner that aligns with its mission. Overall, the trust's contributions play a critical role in sustaining and advancing the work of the charities it supports.
This information is meant to be a general summary of Buikema Benjamin J Irrev 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $8,256
- Gross Receipts: $8,256
Assets and Liabilities:
- Total Assets: $210,806
- Total Liabilities: $0
- Net Assets: $210,806
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Organization Details
Founding Year
1979
Phone
(513) 534-5310Principal Officer
Fifth Third Bank Na
Main Address
PO BOX 630858, CINCINNATI, OH, 452630858
NTEE Category
Code: X11 - Religion related
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