Overview
What is Herman L Rowley Memorial Trust?
The Herman L Rowley Memorial Trust was a nonprofit organization that previously operated a long-term care facility. Its primary mission was to provide restorative and maintenance health care services to individuals affiliated with the Masonic fraternity. However, due to economic challenges, staffing difficulties, and operational issues, the organization was forced to file for bankruptcy protection in 2022. Prior to its closure, the trust sold its facility to partially satisfy its secured lender. Despite its current status, the Herman L Rowley Memorial Trust had a history of offering healthcare services to its specific demographic.
Is Herman L Rowley Memorial Trust legitimate?
Herman L Rowley Memorial Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Herman L Rowley Memorial 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Herman L Rowley Memorial Trust?
The Herman L Rowley Memorial Trust was established to provide restorative and maintenance health care services to individuals within the Masonic fraternity. Due to economic changes, staffing challenges, and operational issues, the organization encountered difficulties and eventually filed for bankruptcy protection in 2022. Prior to ceasing operations, the trust operated a long-term care facility. Despite these challenges, the organization's primary goal was to support the health needs of its Masonic community.
Who is the CEO of Herman L Rowley Memorial Trust?
Unavailable
What is the revenue of Herman L Rowley Memorial Trust?
Herman L Rowley Memorial Trust's revenue in 2023 was $0.
Who are the executives of Herman L Rowley Memorial Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Herman L Rowley Memorial Trust?
Herman L Rowley Memorial Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Herman L Rowley Memorial Trust
The Herman L Rowley Memorial Trust was dedicated to providing restorative and maintenance health care services to individuals within the Masonic fraternity. Due to economic changes, staffing difficulties, and operational issues, the organization encountered challenges and ultimately filed for bankruptcy. Prior to its closure, the trust operated a long-term care facility, providing vital support to its members.
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Impact
October, 2024
The Herman L Rowley Memorial Trust had a significant impact by providing restorative and maintenance health care services specifically for individuals within the Masonic fraternity. Despite its efforts to serve this community, the organization faced economic challenges, staffing difficulties, and operational issues that ultimately led to its bankruptcy filing in 2020. As a result, the organization ceased all activities, which affected the long-term care services that it previously offered. The sale of its facility was a critical step taken to partially satisfy its secured lender, reflecting the financial struggles that had arisen. The closure of the trust left a gap in the essential services it provided, highlighting the vulnerabilities faced by similar organizations in the current economic climate.
This information is meant to be a general summary of Herman L Rowley Memorial 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.
Assets and Liabilities:
- Total Assets: $800,527
- Total Liabilities: $848,098
- Net Assets: -$47,571
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Organization Details
Founding Year
1955
Phone
(712) 325-9000Main Address
25 Main Place 200, Council Bluffs, IA, 51503
NTEE Category
Code: P75I - Human services
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