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Charles D Nelson Trust Utd 10/6/19

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

EIN: 556164650 ✦ Ellsworth, ME ✦ Designated as a 501(c)(3)

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Overview

What is Charles D Nelson Trust Utd 10/6/19?

Charles D Nelson Trust Utd 10/6/19 is a nonprofit organization established with the goal of alleviating the tax burden of the residents of Jonesboro, Maine. The trust's mission is centered around directly benefiting the town's inhabitants by providing financial relief. It operates from a postal box in Ellsworth, Maine. While the information does not detail the specific activities or programs of the trust, it is clear that its purpose is to contribute positively to the lives of the people in Jonesboro by reducing their tax burden.

Is Charles D Nelson Trust Utd 10/6/19 legitimate?

Charles D Nelson Trust Utd 10/6/19 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charles D Nelson Trust Utd 10/6/19 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: $58,379
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Charles D Nelson Trust Utd 10/6/19?

The Charles D Nelson Trust, established on October 6th, has a mission to benefit its community. Specifically, it aims to reduce the tax burden of its inhabitants. To achieve this, the trust directly distributes funds to the town, aiming to alleviate some of the financial pressure on its residents. The trust's purpose is solely focused on contributing positively to the citizens of the community.

Who is the CEO of Charles D Nelson Trust Utd 10/6/19?

Unavailable

What is the revenue of Charles D Nelson Trust Utd 10/6/19?

Charles D Nelson Trust Utd 10/6/19's revenue in 2023 was $221,624.

Who are the executives of Charles D Nelson Trust Utd 10/6/19 and what are their salaries?


There is 1 key member and their salary:


Camden National Wealth Management (Trustee)
  • Compensation: $58,379
  • Related: $0
  • Other: $0
Where can I find the form 990 for Charles D Nelson Trust Utd 10/6/19?

Charles D Nelson Trust Utd 10/6/19's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Charles D Nelson Trust Utd 10/6/19

The Charles D Nelson Trust, established on October 6th, is committed to serving its community by reducing the tax burden of its residents. This mission is carried out through direct distributions to the town of Jonesboro. The primary goal of the trust is to benefit the town's inhabitants, aiming to alleviate some of their financial burdens. By doing so, the Charles D Nelson Trust seeks to contribute positively to the lives of its community members.

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Impact




October, 2024

The Charles D Nelson Trust Utd 10/6/19 significantly impacts the community of Jonesboro by directly alleviating the tax burden on its residents. By distributing funds to the town, the trust enhances the financial well-being of the inhabitants, allowing them to allocate their resources towards other essential needs. This initiative fosters economic stability within the community, potentially improving living conditions and overall quality of life for the townspeople. The trust's commitment to this mission is crucial, as it not only provides immediate financial relief but also contributes to the long-term sustainability of municipal services and programs that benefit the residents of Jonesboro.




This information is meant to be a general summary of Charles D Nelson Trust Utd 10/6/19. 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
$221,624 (2023)
Expenses
$204,327 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $221,624
  • Gross Receipts: $914,619

Assets and Liabilities:

  • Total Assets: $4,848,934
  • Total Liabilities: $0
  • Net Assets: $4,848,934

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Organization Details

Founding Year

2003

Main Address

PO BOX 807, ELLSWORTH, ME, 04605

NTEE Category

Code: W112 - Public benefit

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