Christ Church Frederica Truist Bank Trustee

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

EIN: 586067060 ✦ Savannah, GA ✦ Designated as a 501(c)(3)

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Overview

What is Christ Church Frederica Truist Bank Trustee?

Christ Church Frederica Truist Bank Trustee is a nonprofit entity based in Savannah, Georgia, specifically at 4 Skidaway Village Square, GA 31411. Their primary mission is to provide grants to Christ Church Frederica, aiming to support the church's various activities. The purpose of these grants is to bolster the church's resources and capabilities, enabling it to continue its operations and fulfill its role within the community. The specific nature of the church's activities is not detailed in the provided information, but it can be inferred that these grants contribute to the church's overall mission and activities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67% (Two-Star out of Four Star rating)

Christ Church Frederica Truist Bank Trustee has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The charity scored particularly well in areas such as having a fully independent board and a strong program expense ratio of 98.37%, suggesting that a significant portion of its expenditures directly support its programs.

However, the organization has notable limitations in terms of transparency and governance. It lacks published financial statements, a conflict of interest policy, and a whistleblower policy, all of which are critical for maintaining accountability. Additionally, the absence of these documents has negatively impacted its overall score, reducing confidence among potential donors.

While the charity demonstrates strong financial practices with no liabilities and a high ratio of program expenses, its shortcomings in governance policies and documentation indicate areas that need improvement. Addressing these issues could enhance its rating and foster greater trust within the community it serves.


This AI summary has been generated from information found on Charity Navigator.

Is Christ Church Frederica Truist Bank Trustee legitimate?

Christ Church Frederica Truist Bank Trustee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christ Church Frederica Truist Bank Trustee 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: $26,497
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Christ Church Frederica Truist Bank Trustee?

The Christ Church Frederica Truist Bank Trustee's mission is to provide financial aid, serving as a benefactor, to assist in supporting the activities of Christ Church Frederica. This assistance is aimed at bolstering the church's operations and initiatives, contributing to its overall well-being and growth. By offering grants, the trustee contributes to the church's ability to carry out its various programs and services.

Who is the CEO of Christ Church Frederica Truist Bank Trustee?

Truist Bank is the Treasurer of Christ Church Frederica Truist Bank Trustee.

What is the revenue of Christ Church Frederica Truist Bank Trustee?

Christ Church Frederica Truist Bank Trustee's revenue in 2022 was $172,521.

Who are the executives of Christ Church Frederica Truist Bank Trustee and what are their salaries?


Here are 13 key members and their salaries:


Bonney Shuman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Blatchford (Junior Warden)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Raclin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Shuman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Litt Glover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Costello (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Purdy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rees Sumerford (Chancellor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Barlow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Elizabeth Smith (Senior Warden)
  • Compensation: $0
  • Related: $0
  • Other: $0
Truist Bank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $26,497
Where can I find the form 990 for Christ Church Frederica Truist Bank Trustee?

Christ Church Frederica Truist Bank Trustee's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Christ Church Frederica Truist Bank Trustee

Christ Church Frederica Truist Bank Trustee is an organization committed to providing financial assistance to support the activities of Christ Church Frederica. Their primary mission is to grant funds that contribute to the church's operations and initiatives. By doing so, they aim to contribute positively to the church's overall well-being and the community it serves. The trustee's role is crucial in facilitating the church's ability to carry out its religious and social services, ensuring its continued growth and impact.

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Impact




October, 2024

Christ Church Frederica Truist Bank Trustee plays a significant role in enhancing the activities and outreach of Christ Church Frederica in Savannah, GA. By providing crucial grants, the organization supports various church initiatives that foster community engagement, religious education, and spiritual growth among congregants and the broader community.

The financial support enables the church to maintain its operations, fund programs, and organize events that contribute to the wellness and spiritual enrichment of its members. This impact is vital for sustaining the church's mission and ensuring that it remains an active and vibrant center for worship and community services. Through these grants, the organization helps Christ Church Frederica fulfill its commitment to its congregation and to extend its support to those in need within the community.




This information is meant to be a general summary of Christ Church Frederica Truist Bank Trustee. 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
$172,521 (2022)
Expenses
$148,613 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $172,521
  • Gross Receipts: $1,158,191

Assets and Liabilities:

  • Total Assets: $3,244,115
  • Total Liabilities: $50,782
  • Net Assets: $3,193,333

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Organization Details

Founding Year

1983

Principal Officer

Truist Bank

Main Address

4 SKIDAWAY VILLAGE SQUARE, SAVANNAH, GA, 31411

NTEE Category

Code: X20 - Religion related

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