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John W Nelson Trust Tw - 20805200

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

EIN: 426084354 ✦ Carroll, IA ✦ Designated as a 501(c)(3)

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Overview

What is John W Nelson Trust Tw - 20805200?

John W Nelson Trust Tw - 20805200 is a nonprofit organization with a focus on supporting various communities and the maintenance of Faith Lutheran Church, located in Odebolt, Iowa. Based in Carroll, Iowa, the trust distributes funds to this church, ensuring its mission and operations continue smoothly. The trust's primary goal is to contribute to the church's community outreach programs and upkeep, thereby benefiting the local community as a whole.

Is John W Nelson Trust Tw - 20805200 legitimate?

John W Nelson Trust Tw - 20805200 is a legitimate nonprofit organization registered as a 501(c)(3) entity. John W Nelson Trust Tw - 20805200 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: $26,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of John W Nelson Trust Tw - 20805200?

The mission of John W Nelson Trust Tw - 20805200 is centered around supporting various communities and church missions. This mission extends to the maintenance of The Faith Lutheran Church, with the objective of contributing to its operations and upkeep. This trust is committed to providing support in various capacities, thereby contributing to the broader community and its religious institution.

Who is the CEO of John W Nelson Trust Tw - 20805200?

Iowa Savings Bank is the Trustee of John W Nelson Trust Tw - 20805200.

What is the revenue of John W Nelson Trust Tw - 20805200?

John W Nelson Trust Tw - 20805200's revenue in 2023 was $322,602.

Who are the executives of John W Nelson Trust Tw - 20805200 and what are their salaries?


There is 1 key member and their salary:


Iowa Savings Bank (Trustee)
  • Compensation: $26,125
  • Related: $0
  • Other: $0
Where can I find the form 990 for John W Nelson Trust Tw - 20805200?

John W Nelson Trust Tw - 20805200's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of John W Nelson Trust Tw - 20805200

John W Nelson Trust Tw-20805200 is committed to supporting various communities and church missions, as well as maintaining the Faith Lutheran Church. This nonprofit organization's mission lies in providing aid and assistance to several communities and ensuring the smooth functioning of the Faith Lutheran Church. By offering its support, John W Nelson Trust Tw-20805200 aims to contribute positively to the communities it serves and uphold the values of the Faith Lutheran Church. The organization does not disclose specific details about the nature of its support or the methods it employs, but its mission statement suggests a broad commitment to community welfare and religious institution maintenance.

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Impact




October, 2024

The John W Nelson Trust Tw - 20805200 plays a critical role in enhancing community support, church missions, and the upkeep of Faith Lutheran Church in Odebolt, Iowa. By providing financial distributions to the church, it facilitates various community outreach programs and initiatives that foster spiritual growth and support for local residents. The trust ensures that the church can maintain its facilities and continue its mission to serve the community, creating a positive impact on the lives of individuals and families in the area. This support helps build a strong community network, encouraging engagement and participation in church activities and local missions.




This information is meant to be a general summary of John W Nelson Trust Tw - 20805200. 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
$322,602 (2023)
Expenses
$361,588 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $6,648
  • Gross Receipts: $445,894

Assets and Liabilities:

  • Total Assets: $1,023,634
  • Total Liabilities: $0
  • Net Assets: $1,023,634

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Organization Details

Founding Year

1988

Principal Officer

Iowa Savings Bank

Main Address

IOWA SAVINGS BANK 510 W US HWY 30, CARROLL, IA, 51401

NTEE Category

Code: T90 - Philanthropy

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