Overview
What is Mildred F Rasmussen Testamentary Trust?
The Mildred F Rasmussen Testamentary Trust is a charitable organization situated in Fort Madison, Iowa. Its primary purpose is to support the First Baptist Church of Fort Madison by managing and investing its assets. The trust generates annual income, which it then distributes to the church to aid in its operations. The trust's mission is carried out diligently from its base in Fort Madison, Iowa.
Is Mildred F Rasmussen Testamentary Trust legitimate?
Mildred F Rasmussen Testamentary Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mildred F Rasmussen Testamentary Trust submitted a form 990EZ, 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.
What is the mission statement of Mildred F Rasmussen Testamentary Trust?
The Mildred F Rasmussen Testamentary Trust serves a mission of supporting an organization, specifically the First Baptist Church, by managing and investing its assets, with the annual income distributed to the church. This trust operates with the objective of aiding the church financially, contributing to its ongoing operations and initiatives. The trust does not disclose any specific activities beyond this core mission.
Who is the CEO of Mildred F Rasmussen Testamentary Trust?
Unavailable
What is the revenue of Mildred F Rasmussen Testamentary Trust?
Mildred F Rasmussen Testamentary Trust's revenue in 2022 was $8,873.
Who are the executives of Mildred F Rasmussen Testamentary Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $2,891
- Related: $0
- Other: $0
Where can I find the form 990EZ for Mildred F Rasmussen Testamentary Trust?
Mildred F Rasmussen Testamentary Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Mildred F Rasmussen Testamentary Trust
The Mildred F Rasmussen Testamentary Trust is a charitable organization with a mission to support the First Baptist Church of Fort Madison, Iowa. It achieves this by managing and investing its trust assets, and annually distributing the resulting income to the church. This mission is carried out diligently, contributing to the continued operations and growth of the First Baptist Church of Fort Madison. The Trust does not disclose its specific activities or programs, focusing solely on its financial support to the church.
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Impact
October, 2024
The Mildred F. Rasmussen Testamentary Trust significantly impacts the First Baptist Church of Fort Madison, Iowa, by providing financial support through the careful management and distribution of invested trust assets. Each year, the trust generates income that is channeled directly to the church, enabling it to sustain its operations, expand its programs, and enhance its community services. This steady stream of funding allows the church to fulfill its mission more effectively, fostering religious activities, community outreach, and support for its congregation. By ensuring the church's financial stability, the trust plays a crucial role in enriching the community's spiritual life and overall well-being in Fort Madison.
This information is meant to be a general summary of Mildred F Rasmussen Testamentary 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 2022.
- Investment Income: $8,077
- Gross Receipts: $26,895
Assets and Liabilities:
- Total Assets: $326,998
- Total Liabilities: $0
- Net Assets: $326,998
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Organization Details
Phone
(319) 376-1264Main Address
7TH AVENUE G PO BOX 329, FORT MADISON, IA, 52627
NTEE Category
Code: X11 - Religion related
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