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Lowden Charitable Trust Inc

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

EIN: 421389853 ✦ Lowden, IA ✦ Designated as a 501(c)(3)

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Overview

What is Lowden Charitable Trust Inc?

Lowden Charitable Trust Inc is a nonprofit organization dedicated to serving the community of Lowden and its surrounding areas. Established with the intention to benefit its local population, the trust supports various initiatives aimed at enhancing the quality of life in the region. While specific details about their programs are not provided, the description suggests they are committed to contributing positively to the community they serve.

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (50%)

The Lowden Charitable Trust Inc has received a One-Star rating from Charity Navigator, indicating significant challenges in its accountability and financial practices. The organization scored poorly in key areas, including having no independent board members and missing essential policies such as conflict of interest, whistleblower, and document retention policies. These deficiencies raise concerns about governance and transparency.

Despite the low rating, the charity does report a strong program expense ratio of 100%, suggesting that all its expenditures are directed toward its charitable programs. Additionally, there are no reported material diversions of assets, which implies that the organization's funds are being utilized for their intended purposes. However, the lack of oversight and the absence of publicly accessible documentation could undermine trust among potential donors and stakeholders.

Overall, while Lowden Charitable Trust Inc demonstrates commitment to its programs, its governance and financial practices require significant improvement. The absence of independent oversight and public documentation suggests that the organization may need to address these issues to enhance its credibility and effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Lowden Charitable Trust Inc legitimate?

Lowden Charitable Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lowden Charitable Trust Inc 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

For more financial information, click here

What is the mission statement of Lowden Charitable Trust Inc?

The Lowden Charitable Trust's mission is centered around benefiting the public in the Lowden area and its surroundings. Their activities are geared towards supporting the community of Lowden, as stated in their mission description. The trust aims to contribute positively to the general public in this region, without providing specific details about the nature or extent of these contributions. Their programs are designed with the intent of enhancing the lives of the people living in and around Lowden.

Who is the CEO of Lowden Charitable Trust Inc?

Leroy Luepker is the President of Lowden Charitable Trust Inc.

What is the revenue of Lowden Charitable Trust Inc?

Lowden Charitable Trust Inc's revenue in 2022 was $57,532.

Who are the executives of Lowden Charitable Trust Inc and what are their salaries?

There 8 volunteers at Lowden Charitable Trust Inc.


Here are 3 key members and their salaries:


Leroy Luepker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Hoffmeier (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith A Norton (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lowden Charitable Trust Inc?

Lowden Charitable Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lowden Charitable Trust Inc

The Lowden Charitable Trust, as described, is an organization with a mission to positively impact the general public residing in the Lowden area and its surrounding communities. This nonprofit entity is dedicated to benefiting the local community by implementing various programs. The Lowden Charitable Trust's primary goal is to contribute to the well-being and betterment of the people living in the Lowden region, demonstrating a strong commitment to its community.

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Impact




August, 2024

The impact of Lowden Charitable Trust Inc can be seen in its direct support of the general public in the Lowden and surrounding area. Through its programs and initiatives, the trust contributes to the betterment of the community by providing essential resources and assistance to those in need. Additionally, by focusing on philanthropic endeavors, Lowden Charitable Trust Inc plays a significant role in improving the overall welfare and quality of life for residents in the area.




This information is meant to be a general summary of Lowden Charitable Trust Inc. 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
$57,532 (2022)
Expenses
$30,377 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $55,943
  • Gross Receipts: $102,092

Assets and Liabilities:

  • Total Assets: $349,369
  • Total Liabilities: $0
  • Net Assets: $349,369

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Organization Details

Founding Year

1992

Principal Officer

Leroy Luepker

Main Address

504-508 MAIN STREET, LOWDEN, IA, 52255

NTEE Category

Code: T22Z - Philanthropy

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