Overview
What is Jessie T Langworthy Trust?
Jessie T Langworthy Trust is a non-exempt charitable trust, situated in Seward, Nebraska. As per the information provided, the trust's primary function is to allocate funds for operational activities of two charitable organizations. These organizations include Memorial Hospital of Seward, Nebraska and Seward Community Civic Center, Nebraska. The trust is obligated to distribute or reserve all its income towards charitable organizations recognized under Section 501(c)(3) of the Internal Revenue Code. In essence, Jessie T Langworthy Trust serves as a financial support system, contributing to the operational activities of these two charitable entities in Seward, Nebraska.
Is Jessie T Langworthy Trust legitimate?
Jessie T Langworthy Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jessie T Langworthy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,500
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What is the mission statement of Jessie T Langworthy Trust?
The Jessie T Langworthy Trust is a non-exempt charitable trust, not treated as a private foundation under Section 509(A). Its mission is to distribute its income to charitable organizations that are recognized under Section 501(C)(3). The specific organizations it supports include Memorial Hospital and the Community Civic Center, both located in Seward, NE. The trust's activities primarily involve providing financial aid for the operational activities of Memorial Hospital in Nebraska. While the trust does not have a publically stated mission beyond this, its actions demonstrate a commitment to supporting healthcare and community services through its financial contributions.
Who is the CEO of Jessie T Langworthy Trust?
Kenrick W Morgan is the Trustee of Jessie T Langworthy Trust.
What is the revenue of Jessie T Langworthy Trust?
Jessie T Langworthy Trust's revenue in 2022 was $1,093,710.
Who are the executives of Jessie T Langworthy Trust and what are their salaries?
There 1 volunteer at Jessie T Langworthy Trust.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Jessie T Langworthy Trust?
Jessie T Langworthy Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jessie T Langworthy Trust
The Jessie T Langworthy Trust is a non-exempt charitable trust that adheres to Section 509(A), not classified as a private foundation. Its primary objective is to channel its income towards supporting two charitable organizations that are recognized under Section 501(C)(3). While the specific details about these charitable organizations are not provided, it can be inferred that the Jessie T Langworthy Trust prioritizes its resources towards the operational activities of these organizations. The trust's commitment to charity is reflected in its obligation to distribute its income to these charitable entities, thereby contributing to their operational activities.
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Impact
October, 2024
The Jessie T Langworthy Trust plays a vital role in supporting essential community services in Seward, Nebraska. By allocating all its income to local charitable organizations, the Trust directly contributes to the operational activities of the Memorial Hospital and the Community Civic Center in Seward.
This financial support ensures that the hospital can continue to provide critical healthcare services to the community, improving health outcomes and enhancing the quality of life for residents. Similarly, funding for the Community Civic Center helps facilitate a wide range of recreational and cultural programs, promoting social cohesion and community engagement.
Overall, the Jessie T Langworthy Trust's commitment to supporting these organizations fosters a healthier, more vibrant community, making a significant impact on the well-being and development of Seward.
This information is meant to be a general summary of Jessie T Langworthy 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: $149,256
- Gross Receipts: $2,064,317
Assets and Liabilities:
- Total Assets: $7,284,805
- Total Liabilities: $0
- Net Assets: $7,284,805
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Organization Details
Founding Year
1953
Phone
(402) 643-3683Principal Officer
Kenrick W Morgan
Main Address
PO BOX 287, SEWARD, NE, 68434
NTEE Category
Code: T30 - Philanthropy
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