Overview
What is Trust Uw John T Hanna F & M Bank & Trust Trustee?
Trust Uw John T Hanna F & M Bank & Trust Trustee serves as a supporting organization for the First Presbyterian Church of Burlington, Iowa. Their primary mission is to channel their resources directly towards the church. This nonprofit organization does not have an independent purpose or activities beyond supporting the First Presbyterian Church. The distributions from this trust are solely intended for the benefit of the church.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (56%)
The Trust Uw John T Hanna F & M Bank & Trust Trustee has received a low rating of 56%, reflecting concerns regarding its accountability and financial practices. The organization scored well in areas such as having a majority of independent board members and a favorable liabilities to assets ratio, indicating some strengths in governance and financial stability.
However, the organization also faces significant weaknesses. It scored zero points in key areas like independent board size, conflict of interest policy, and the availability of important documents on its website. These shortcomings suggest a lack of transparency and a need for improvement in governance practices.
Overall, while the Trust Uw John T Hanna F & M Bank & Trust Trustee demonstrates certain strengths, its overall rating indicates that potential donors should proceed with caution due to significant deficiencies in transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Trust Uw John T Hanna F & M Bank & Trust Trustee legitimate?
Trust Uw John T Hanna F & M Bank & Trust Trustee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trust Uw John T Hanna F & M Bank & Trust Trustee 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: $12,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Trust Uw John T Hanna F & M Bank & Trust Trustee?
Trust Uw John T Hanna F & M Bank & Trust Trustee serves as a supporting organization for the First Presbyterian Church of Burlington, Iowa. The primary mission of this organization is to channel its distributions towards the church. This entity plays a crucial role in supporting the religious activities and initiatives of the First Presbyterian Church. All funds allocated by the Trust Uw John T Hanna F & M Bank & Trust Trustee are directed towards the church, thereby contributing to its overall operations and growth.
Who is the CEO of Trust Uw John T Hanna F & M Bank & Trust Trustee?
F M Bank Trust is the Trustee of Trust Uw John T Hanna F & M Bank & Trust Trustee.
What is the revenue of Trust Uw John T Hanna F & M Bank & Trust Trustee?
Trust Uw John T Hanna F & M Bank & Trust Trustee's revenue in 2022 was $96,183.
Who are the executives of Trust Uw John T Hanna F & M Bank & Trust Trustee and what are their salaries?
There is 1 key member and their salary:
- Compensation: $12,820
- Related: $0
- Other: $0
Where can I find the form 990 for Trust Uw John T Hanna F & M Bank & Trust Trustee?
Trust Uw John T Hanna F & M Bank & Trust Trustee's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Trust Uw John T Hanna F & M Bank & Trust Trustee
Trust Uw John T Hanna F & M Bank & Trust Trustee serves as a supporting organization for the First Presbyterian Church of Burlington, Iowa. Its primary mission is to channel all its distributions towards the church. In essence, this organization plays a crucial role in supporting the religious activities and operations of the First Presbyterian Church of Burlington, Iowa. Its mission is centered around contributing financially to the church, thereby strengthening its religious and community outreach efforts.
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Impact
October, 2024
Trust Uw John T Hanna F & M Bank & Trust Trustee plays a significant role in supporting the First Presbyterian Church of Burlington, Iowa. As a supporting organization, its primary activity involves managing and distributing funds that directly benefit the church. This financial support helps the church carry out its religious mission, community outreach, and various programs that serve the needs of its congregation and the wider community.
By ensuring a steady stream of financial resources, the trust facilitates the church's ability to engage in activities related to worship, education, and community service. The trust's focus on providing for the church reinforces the importance of faith-based initiatives and strengthens the overall impact of the First Presbyterian Church within Burlington, Iowa, and beyond. This support not only sustains operational costs but also enriches the church's role in the community, fostering an environment of spiritual growth and service.
This information is meant to be a general summary of Trust Uw John T Hanna F & M Bank & Trust Trustee. 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 2022.
- Investment Income: $96,183
- Gross Receipts: $251,737
Assets and Liabilities:
- Total Assets: $1,048,024
- Total Liabilities: $0
- Net Assets: $1,048,024
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Organization Details
Founding Year
2000
Phone
(319) 524-2250Principal Officer
F M Bank Trust
Main Address
PO BOX 928, BURLINGTON, IA, 52601
NTEE Category
Code: X112 - Religion related
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