Overview
What is Charles City Elks Charitable Trust?
The Charles City Elks Charitable Trust is a nonprofit organization that channels its non-restrictive earnings towards the Charles City Elks Lodge 418. This lodge, in turn, utilizes the funds to support various youth and veterans' activities. The trust's mission is centered around providing assistance to the Charles City Elks Lodge 418, thereby aiding in their initiatives for the betterment of youth and veterans in the community. The trust's donations form part of the broader programs offered by the trust.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
The Charles City Elks Charitable Trust has received an 80% rating from Charity Navigator, which reflects a strong emphasis on accountability and finance. This rating is derived entirely from a single beacon score, with the organization demonstrating commendable practices, such as having a fully independent board and no material diversion of assets.
Strengths include a program expense ratio of 76.58%, indicating that a significant portion of funds is utilized for its charitable programs. Additionally, the organization scores full marks for board independence and for maintaining a conflict of interest policy, which further reflects its commitment to transparency and good governance.
While the rating is positive, it is important to note that the score is solely based on accountability and finance, and there may be additional factors to consider about its overall impact and effectiveness in fulfilling its mission. Nonetheless, the Charles City Elks Charitable Trust appears to be a responsible steward of the funds it receives.
This AI summary has been generated from information found on Charity Navigator.
Is Charles City Elks Charitable Trust legitimate?
Charles City Elks Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charles City Elks Charitable 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.
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What is the mission statement of Charles City Elks Charitable Trust?
The Charles City Elks Charitable Trust's mission is to provide support, utilizing any nonrestrictive income it earns, to the Charles City Elks Lodge 418. This support is then utilized to sponsor activities for youth and veterans. The trust's donations form a part of the various programs offered by the trust, aimed at benefiting these two groups. While the trust itself does not directly engage in these activities, its financial assistance plays a significant role in their execution.
Who is the CEO of Charles City Elks Charitable Trust?
Ann Troge is the Secretary of Charles City Elks Charitable Trust.
What is the revenue of Charles City Elks Charitable Trust?
Charles City Elks Charitable Trust's revenue in 2023 was $7,037.
Who are the executives of Charles City Elks Charitable Trust and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Charles City Elks Charitable Trust?
Charles City Elks Charitable Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Charles City Elks Charitable Trust
The Charles City Elks Charitable Trust is an organization with a mission to support the Charles City Elks Lodge 418, specifically for activities benefiting youth and veterans. The trust's primary aim is to distribute any nonrestrictive income it earns, which then gets utilized by the Elks Lodge to fund various initiatives that cater to these two demographics. The financial contributions made by the trust are part of the broader array of programs offered by the Charles City Elks Charitable Trust, demonstrating its commitment to these two groups.
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Impact
August, 2024
The Charles City Elks Charitable Trust's impact can be seen in the significant support it provides to the Charles City Elks Lodge 418, which in turn distributes resources to youth and veterans activities. Through the distribution of nonrestrictive income earned by the trust, valuable programs and initiatives are made possible, benefiting these important groups in the community. This demonstrates a commitment to philanthropy and a dedication to improving the lives of youth and veterans in Charles City, Iowa.
This information is meant to be a general summary of Charles City Elks 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: -$9,430
- Gross Receipts: $7,037
Assets and Liabilities:
- Total Assets: $146,420
- Total Liabilities: $0
- Net Assets: $146,420
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Organization Details
Founding Year
1995
Phone
(641) 330-5796Principal Officer
Ann Troge
Main Address
2111 CLARK STREET, CHARLES CITY, IA, 50616
NTEE Category
Code: T20 - Philanthropy
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