Overview
What is Kings Daughters Home Trust?
Kings Daughters Home Trust is a title holding company, serving as a facilitator for the annual distribution of invested funds, primarily for the Kings Daughters Home for Old People. This nonprofit organization is dedicated to supporting the operations and funding of a long-term elderly care center located in Burlington, Iowa. The trust administration and accounting fees are included in this service, furthering the mission to provide essential care for the elderly.
Is Kings Daughters Home Trust legitimate?
Kings Daughters Home Trust is a legitimate nonprofit organization registered as a 501(c)(2) entity. Kings Daughters Home 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: $38,059
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Kings Daughters Home Trust?
The mission of Kings Daughters Home Trust is centered around supporting the operations and funding of a long-term elderly care center, specifically Kings Daughter's Home for Old People, which is a 501(c)(3) organization. This support is primarily provided through the annual distribution of invested funds, acting as a title-holding company and managing trust administration and accounting fees on behalf of the care center.
Who is the CEO of Kings Daughters Home Trust?
Marti Huskey is the President of Kings Daughters Home Trust.
What is the revenue of Kings Daughters Home Trust?
Kings Daughters Home Trust's revenue in 2023 was $354,807.
Who are the executives of Kings Daughters Home Trust and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for Kings Daughters Home Trust?
Kings Daughters Home Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Kings Daughters Home Trust
Kings Daughters Home Trust is a nonprofit organization dedicated to supporting the operations and funding of a long-term elderly care center, Kings Daughter's Home for Old People. This 501(c)(3) organization's mission is to ensure the smooth functioning and financial stability of this elderly care center. The trust acts as a title holding company, annually distributing requested funds on behalf of Kings Daughter's Home for Old People. This role involves administration and accounting duties, ensuring the effective management of resources for the benefit of the elderly residing in the care center.
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Impact
October, 2024
Kings Daughters Home Trust plays a crucial role in enhancing the quality of life for the elderly in Burlington, IA. By supporting the operations and funding of the Kings Daughter's Home for Old People, it ensures that residents receive the necessary care and services in a nurturing environment. The trust efficiently manages annual distributions of invested funds, covering essential expenses such as trust administration and accounting fees. Through its commitment to long-term elderly care, Kings Daughters Home Trust significantly contributes to community improvement, fostering a compassionate atmosphere where older adults can thrive with dignity and respect.
This information is meant to be a general summary of Kings Daughters Home 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: $352,242
- Gross Receipts: $1,134,187
Assets and Liabilities:
- Total Assets: $7,260,906
- Total Liabilities: $0
- Net Assets: $7,260,906
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Organization Details
Founding Year
1959
Phone
(319) 753-9130Principal Officer
Marti Huskey
Main Address
C/O TWO RIVERS BANK 222 N MAIN, BURLINGTON, IA, 52601
NTEE Category
Code: S47 - Community improvement
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