Overview
What is Louise B Hirs Charitable Unitrust 1255000410?
Louise B Hirs Charitable Unitrust 1255000410 is a charitable trust established for the sole benefit of three recognized nonprofit organizations: Sisters of Mercy of the Americas South Central Community, Inc., The Discalced Carmelite Nuns, and The Allen Memorial Home. These charities, all exempt from federal income tax under Section 501(C)(3) of the Internal Revenue Code, are the sole recipients of the trust's resources. The trust's purpose is to contribute to the ongoing work and initiatives of these charities, providing them with financial support and contributing to their collective missions.
Is Louise B Hirs Charitable Unitrust 1255000410 legitimate?
Louise B Hirs Charitable Unitrust #1255000410 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louise B Hirs Charitable Unitrust #1255000410 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: $82,070
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Louise B Hirs Charitable Unitrust 1255000410?
The Louise B Hirs Charitable Unitrust 1255000410 is organized with the intention of providing beneficial aid solely to three named charitable organizations. These organizations are the Sisters of Mercy of the Americas South Central Community, Inc., the Discalced Carmelite Nuns, and the Allen Memorial Home. All three of these organizations hold exemption from federal income tax under Section 501(C)(3) of the Internal Revenue Code, indicating their non-profit status. The purpose of the trust is to support these charities in their noble endeavors, without specifying the nature or focus of their individual missions.
Who is the CEO of Louise B Hirs Charitable Unitrust 1255000410?
Roger E Cole is the Trustee of Louise B Hirs Charitable Unitrust #1255000410.
What is the revenue of Louise B Hirs Charitable Unitrust 1255000410?
Louise B Hirs Charitable Unitrust 1255000410's revenue in 2022 was $460,286.
Who are the executives of Louise B Hirs Charitable Unitrust 1255000410 and what are their salaries?
There is 1 key member and their salary:
- Compensation: $82,070
- Related: $0
- Other: $0
Where can I find the form 990 for Louise B Hirs Charitable Unitrust 1255000410?
Louise B Hirs Charitable Unitrust 1255000410's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Louise B Hirs Charitable Unitrust 1255000410
The Louise B Hirs Charitable Unitrust 1255000410 is organized with a specific mission to benefit three named charities: Sisters of Mercy of the Americas South Central Community, Inc., The Discalced Carmelite Nuns, and Allen Memorial Home. Each of these charities falls under the category of exempt organizations, as they are recognized as tax-exempt under Section 501(c)(3) of the Internal Revenue Code. The primary objective of the Louise B Hirs Charitable Unitrust 1255000410 is to support these three charities, ensuring they have the necessary resources to carry out their respective humanitarian tasks and make a positive impact in their communities. The charities under the trust's care are dedicated to various causes, including healthcare, education, and social services. The Sisters of Mercy of the Americas South Central Community, Inc., for instance, focuses on healthcare and social services, while The Discalced Carmelite Nuns specialize in spiritual and religious services. Allen Memorial Home, on the other hand, provides long-term care and nursing services. By supporting these charities, the Louise B Hirs Charitable Unitrust 1255000410 plays an essential role in maintaining and expanding the impact of these organizations, allowing them to help even more people in need.
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Impact
October, 2024
Louise B Hirs Charitable Unitrust 1255000410 plays a significant role in supporting three specific charities: Sisters of Mercy of the Americas South Central Community, Inc., The Discalced Carmelite Nuns, and The Allen Memorial Home. With its dedicated focus on these organizations, the trust enhances their ability to provide services and fulfill their missions.
By channeling resources exclusively to these charities, the trust helps ensure that they can continue their work without the obstacles that financial limitations might impose. The Sisters of Mercy engage in various community-focused activities, contributing to education and healthcare; The Discalced Carmelite Nuns focus on contemplative prayer and spiritual support; and The Allen Memorial Home offers care for the elderly.
In essence, the trust acts as a vital financial lifeline, allowing these charitable organizations to operate effectively and expand their efforts to serve the community and their respective missions. The impact is multifaceted, enhancing spiritual growth, providing care, and supporting social initiatives that benefit many individuals and families in need.
This information is meant to be a general summary of Louise B Hirs Charitable Unitrust 1255000410. 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: $460,151
- Gross Receipts: $3,783,291
Assets and Liabilities:
- Total Assets: $12,414,601
- Total Liabilities: $0
- Net Assets: $12,414,601
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Organization Details
Founding Year
1985
Phone
(251) 431-8309Principal Officer
Roger E Cole
Main Address
REGIONS BANK TTEE P O DRAWER 1628, MOBILE, AL, 366331628
NTEE Category
Code: X11 - Religion related
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