Richard Bennett Trust

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

EIN: 546068391 ✦ Suffolk, VA ✦ Designated as a 501(c)(3)

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Overview

What is Richard Bennett Trust?

The Richard Bennett Trust is a charitable organization situated in Suffolk, Virginia. Its primary purpose is to offer aid to local organizations within its vicinity. The Trust's activities are centered around providing assistance to individuals in need, aligning with its mission to support both individuals and organizations in the area where the Trust is based. The Trust's operations are carried out from its address at 9356 Eclipse Drive, Suffolk, VA 23433.

Is Richard Bennett Trust legitimate?

Richard Bennett Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richard Bennett 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: $24,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Richard Bennett Trust?

The Richard Bennett Trust has a mission to aid individuals and organizations in need. Specifically, it focuses on providing assistance within its local vicinity. In practice, this means offering aid to organizations situated near Suffolk, Virginia. The trust's goal is to contribute positively to the communities it serves by providing essential support.

Who is the CEO of Richard Bennett Trust?

Thomas Hazelwood is the Secretary-Treasurer of Richard Bennett Trust.

What is the revenue of Richard Bennett Trust?

Richard Bennett Trust's revenue in 2022 was $328,855.

Who are the executives of Richard Bennett Trust and what are their salaries?


Here are 5 key members and their salaries:


Thomas A Hazelwood (Secretary-Treasurer)
  • Compensation: $18,000
  • Related: $0
  • Other: $0
C Robert Johnson Iii (Chairman)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
G Wayne Rhoads (Vice-Chairman)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
A Scott Overton (Trustee)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
Capt W G Saunders Jr (Trustee)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
Where can I find the form 990 for Richard Bennett Trust?

Richard Bennett Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Richard Bennett Trust

The Richard Bennett Trust is a charitable organization dedicated to providing aid. Its mission is to extend assistance to individuals and organizations in need, specifically focusing on the vicinity where the trust is based. This philanthropic entity takes it upon itself to offer aid to organizations within the vicinity of Suffolk, Virginia.

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Impact




October, 2024

The Richard Bennett Trust significantly impacts individuals and organizations in the Suffolk, Virginia area by providing crucial aid to those in need. Through its focused mission, it addresses various challenges faced by community members, enhancing their quality of life. The Trust supports local organizations, ensuring that resources are directed to areas where they are most needed, thereby fostering a strong sense of community and resilience. This direct assistance helps alleviate hardships, promotes well-being, and empowers residents to thrive, ultimately contributing to a healthier, more connected Suffolk community.




This information is meant to be a general summary of Richard Bennett 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.

Revenue
$328,855 (2022)
Expenses
$245,620 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $296,734
  • Gross Receipts: $1,474,223

Assets and Liabilities:

  • Total Assets: $13,321,336
  • Total Liabilities: $0
  • Net Assets: $13,321,336

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Organization Details

Founding Year

1676

Principal Officer

Thomas Hazelwood

Main Address

9356 ECLIPSE DR, SUFFOLK, VA, 23433

NTEE Category

Code: P60 - Human services

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