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Dorothy M Hess Memorial Trust Co Iowa State Bank Co-Trustee

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

EIN: 426575558 ✦ Urbandale, IA ✦ Designated as a 501(c)(3)

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Overview

What is Dorothy M Hess Memorial Trust Co Iowa State Bank Co-Trustee?

The Dorothy M Hess Memorial Trust Co Iowa State Bank Co-Trustee is a public improvement trust established in Jefferson, Iowa. This charitable entity was founded through the Last Will and Testament of Dorothy M. Hess, with its principal and income dedicated to fostering a lasting public improvement within the Jefferson community. The trust serves a dual purpose, contributing to the community's betterment while also fulfilling charitable objectives. The specific activities or mission details are outlined in Part III, line 4a, as per the information provided.

Is Dorothy M Hess Memorial Trust Co Iowa State Bank Co-Trustee legitimate?

Dorothy M Hess Memorial Trust Co Iowa State Bank Co-Trustee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dorothy M Hess Memorial Trust Co Iowa State Bank Co-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: $6,626
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Dorothy M Hess Memorial Trust Co Iowa State Bank Co-Trustee?

The Dorothy M Hess Memorial Trust, managed by Iowa State Bank Co-Trustee, is established with a mission to contribute towards charitable purposes. Its primary objective is to invest in a permanent public improvement, aiming to enhance the well-being of a specified area. The trust's principal and income are utilized for this purpose, ensuring the betterment of the community while serving a charitable cause. The trust's activities are geared towards creating long-lasting benefits for the community, thereby fulfilling its charitable mission.

Who is the CEO of Dorothy M Hess Memorial Trust Co Iowa State Bank Co-Trustee?

Home State Bank is the Trustee of Dorothy M Hess Memorial Trust Co Iowa State Bank Co-Trustee.

What is the revenue of Dorothy M Hess Memorial Trust Co Iowa State Bank Co-Trustee?

Dorothy M Hess Memorial Trust Co Iowa State Bank Co-Trustee's revenue in 2022 was $117,519.

Who are the executives of Dorothy M Hess Memorial Trust Co Iowa State Bank Co-Trustee and what are their salaries?


Here are 3 key members and their salaries:


Home State Bank (Trustee)
  • Compensation: $6,626
  • Related: $0
  • Other: $0
John A Gerken (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Iowa State Bank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dorothy M Hess Memorial Trust Co Iowa State Bank Co-Trustee?

Dorothy M Hess Memorial Trust Co Iowa State Bank Co-Trustee's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Dorothy M Hess Memorial Trust Co Iowa State Bank Co-Trustee

The Dorothy M. Hess Memorial Trust, overseen by Iowa State Bank Co-Trustee, is a public improvement trust established with the philanthropic intentions of Dorothy M. Hess. Its mission is twofold: to contribute to the betterment of a specific area and serve charitable purposes. The trust's principal and income are allocated towards a permanent public improvement, aiming to benefit the community in Jefferson, Iowa. This mission is carried out while upholding the spirit of charitable giving, ensuring that the trust accomplishes both its public improvement and charitable objectives.

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Impact




October, 2024

The Dorothy M Hess Memorial Trust Co Iowa State Bank Co-Trustee makes a significant impact in the Jefferson, IA community by focusing on permanent public improvements that enhance the quality of life for its residents. Established through the Last Will and Testament of Dorothy M. Hess, the trust allocates its principal and income specifically for projects that contribute to the betterment of the community.

By prioritizing recreational and public improvement initiatives, the trust supports the development of facilities and services that foster community engagement and well-being. This commitment to charitable purposes ensures that the trust's resources are directed towards projects that benefit the local population, creating spaces for recreation and enhancing social interactions. Overall, the trust plays a vital role in shaping a vibrant and appealing environment in Jefferson, fostering a sense of community and improving the overall quality of life for its residents.




This information is meant to be a general summary of Dorothy M Hess Memorial Trust Co Iowa State Bank Co-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.

Revenue
$117,519 (2022)
Expenses
$39,764 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $117,519
  • Gross Receipts: $708,877

Assets and Liabilities:

  • Total Assets: $1,075,007
  • Total Liabilities: $0
  • Net Assets: $1,075,007

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Organization Details

Founding Year

1999

Principal Officer

Home State Bank

Main Address

2301 128th St, Urbandale, IA, 50323

NTEE Category

Code: N99 - Recreation

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