Overview
What is Henry W Starker Trust C/O Two Rivers Bank & Trust?
The Henry W Starker Trust C/O Two Rivers Bank & Trust is a charitable entity established to support the City of Burlington, Iowa. According to the provided information, the trust made a financial contribution of $106,111 towards the city's public purposes. The trust's mission is centered around providing assistance to the City of Burlington, Iowa, although the specific nature of this support is not detailed in the given data.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (63%)
The Henry W Starker Trust has received a rating of "Needs Improvement," indicating various areas where the organization could enhance its accountability and financial practices. With a score of 63%, it shows strengths in having a majority of independent board members and a solid program expense ratio, reflecting effective use of funds directed towards its mission.
However, the organization has notable weaknesses, particularly in transparency and governance. It scored zero points in several areas, including having its website listed on its tax form and establishing a conflict of interest policy. The lack of these important governance measures may raise concerns about oversight and transparency within the organization.
Additionally, while the trust exhibits commendable management of its assets, with no material diversion and an excellent liabilities-to-assets ratio, the absence of key policies and documentation could hinder stakeholder confidence. Addressing these shortcomings could significantly improve the trust's overall standing and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Henry W Starker Trust C/O Two Rivers Bank & Trust legitimate?
Henry W Starker Trust C/O Two Rivers Bank & Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Henry W Starker Trust C/O Two Rivers Bank & 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: $16,573
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Henry W Starker Trust C/O Two Rivers Bank & Trust?
The Henry W Starker Trust C/O Two Rivers Bank & Trust was established with a mission to provide support for a specific city, in this case, Burlington, Iowa. The primary activity of the trust is to contribute financially towards the city's public purposes. As per the provided information, the trust recently contributed 106,111 dollars to the city of Burlington, Iowa, demonstrating its commitment to supporting the city's needs. The exact nature of the support provided by the trust is not specified in the data.
Who is the CEO of Henry W Starker Trust C/O Two Rivers Bank & Trust?
Unavailable
What is the revenue of Henry W Starker Trust C/O Two Rivers Bank & Trust?
Henry W Starker Trust C/O Two Rivers Bank & Trust's revenue in 2023 was $66,983.
Who are the executives of Henry W Starker Trust C/O Two Rivers Bank & Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $16,573
- Related: $0
- Other: $0
Where can I find the form 990 for Henry W Starker Trust C/O Two Rivers Bank & Trust?
Henry W Starker Trust C/O Two Rivers Bank & Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Henry W Starker Trust C/O Two Rivers Bank & Trust
The Henry W. Starker Trust, overseen by Two Rivers Bank & Trust, was established with the mission to offer support for the city of Burlington, Iowa. This mission is carried out through providing financial assistance for public purposes in the city. In fact, as per the provided information, the trust has already contributed 106,111 dollars towards this goal. The trust's role is to contribute to the betterment of the city, although the specific areas or projects it supports are not detailed in the information provided.
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Impact
August, 2024
The Henry W Starker Trust C/O Two Rivers Bank & Trust has made a significant impact on the city of Burlington, Iowa. The trust provided $106,111 to the city for its public purposes, demonstrating a commitment to supporting the local community. This contribution has likely helped fund various initiatives and projects that benefit the residents of Burlington and contribute to the overall well-being of the city. The trust's philanthropic efforts play a crucial role in enhancing the quality of life in Burlington, Iowa.
This information is meant to be a general summary of Henry W Starker Trust C/O Two Rivers Bank & 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: $66,983
- Gross Receipts: $221,089
Assets and Liabilities:
- Total Assets: $1,773,744
- Total Liabilities: $0
- Net Assets: $1,773,744
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Organization Details
Founding Year
1985
Phone
(319) 753-9100Main Address
PO BOX 728, BURLINGTON, IA, 52601
NTEE Category
Code: T00 - Philanthropy
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