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Musser-Davis Land Company

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

EIN: 440365680 ✦ Kansas city, MO ✦ Designated as a 501(c)(3)

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Overview

What is Musser-Davis Land Company?

Musser-Davis Land Company is a nonprofit organization situated in Kansas City, Missouri. Its primary objective is to generate income through investments and distribute the net earnings to its sole beneficiary, the College of Medicine at the University of Iowa. This philanthropic entity solely supports the College of Medicine by automatically determining and qualifying its beneficiary for disbursements. The company's purpose and activities are exclusively tied to this academic institution, contributing to its mission and advancements.


Official website here: www.none

Is Musser-Davis Land Company legitimate?

Musser-Davis Land Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Musser-Davis Land Company 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,450

For more financial information, click here


Official website here: www.none

What is the mission statement of Musser-Davis Land Company?

Musser-Davis Land Company's primary objective is to generate income from its investments. This income is then disbursed to its sole beneficiary, the College of Medicine of the University of Iowa. The company's activities are solely focused on supporting this educational institution. The sole beneficiary of the disbursements is automatically determined and qualified, ensuring a continuous stream of support for the College of Medicine. The company does not have a mission statement per se, as its purpose is solely to provide financial support to the College of Medicine.


Official website here: www.none

Who is the CEO of Musser-Davis Land Company?

Terry L Johnson is the Dir of Musser-Davis Land Company.


Official website here: www.none

What is the revenue of Musser-Davis Land Company?

Musser-Davis Land Company's revenue in 2022 was $2,559,453.


Official website here: www.none

Who are the executives of Musser-Davis Land Company and what are their salaries?

The average compensation at Musser-Davis Land Company during 2022 was $9,450. There is 1 employee at Musser-Davis Land Company.


Here are 9 key members and their salaries:


J Brooks Jackson (Dir)
  • Compensation: $0
  • Related: $1,277,995
  • Other: $69,212
Mark Henrichs (Dir)
  • Compensation: $0
  • Related: $845,658
  • Other: $63,112
Caroll Reasoner (Dir., Vp)
  • Compensation: $0
  • Related: $390,548
  • Other: $127,880
Terry L Johnson (Dir, Pres.,T)
  • Compensation: $0
  • Related: $364,735
  • Other: $55,308
Rodney Lehnertz (Dir., Chr.)
  • Compensation: $0
  • Related: $346,317
  • Other: $60,940
Jason Haddy (Dir)
  • Compensation: $0
  • Related: $320,843
  • Other: $55,676
Susan Klatt (Dir)
  • Compensation: $0
  • Related: $268,937
  • Other: $39,733
David Kieft (Asst Tr)
  • Compensation: $0
  • Related: $182,209
  • Other: $29,665
Jonathan Dilly (Dir., Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990 for Musser-Davis Land Company?

Musser-Davis Land Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Musser-Davis Land Company

Musser-Davis Land Company, as a mission-driven organization, is dedicated to the sole purpose of generating income from its investments. This income is then dispersed with the primary intention of benefiting its sole beneficiary, namely, the College of Medicine at the University of Iowa. It's important to note that the beneficiary of these disbursements is determined and qualified automatically. The company's activities primarily revolve around supporting this esteemed educational institution in its medical studies. Musser-Davis Land Company does not provide direct services or programs to the general public, but its role in generating revenue for the College of Medicine serves a crucial function in the advancement of medical education and research.

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Impact




October, 2024

Musser-Davis Land Company plays a significant role in supporting the College of Medicine at the University of Iowa through its investment activities. By strategically collecting income from its investments, the company generates net revenue that is specifically designated to benefit the College of Medicine. This focused financial support aids in enhancing educational programs, funding research initiatives, and improving resources for students and faculty. As a result, Musser-Davis Land Company contributes to the advancement of medical education and overall healthcare excellence in the region, ensuring that the College of Medicine continues to thrive and fulfill its mission.




This information is meant to be a general summary of Musser-Davis Land Company. 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
$2,559,453 (2022)
Expenses
$1,479,785 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $661,304
  • Gross Receipts: $2,646,422

Assets and Liabilities:

  • Total Assets: $18,578,444
  • Total Liabilities: $0
  • Net Assets: $18,578,444

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Organization Details

Founding Year

1916

Principal Officer

Terry L Johnson

Main Address

4600 MADISON SUITE 600, KANSAS CITY, MO, 64112

Website

www.none

NTEE Category

Code: B54I - Education

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