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Elizabeth Collins Liver Memorial Tr C/O Robertson Banking Company

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

EIN: 636196006 ✦ Demopolis, AL ✦ Designated as a 501(c)(3)

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Overview

What is Elizabeth Collins Liver Memorial Tr C/O Robertson Banking Company?

Elizabeth Collins Liver Memorial Trust, operated through Robertson Banking Company, is a nonprofit organization based in Demopolis, Alabama. Its primary mission is to carry out tax-exempt purposes, primarily managing its funds to distribute a significant portion of its net income to Judson College and Gallion Baptist Church. This support constitutes the largest amount provided by any single organization to both institutions. The trust's activities contribute to the ongoing operations and growth of these entities.

Is Elizabeth Collins Liver Memorial Tr C/O Robertson Banking Company legitimate?

Elizabeth Collins Liver Memorial Tr C/O Robertson Banking Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elizabeth Collins Liver Memorial Tr C/O Robertson Banking Company 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: $0

For more financial information, click here

What is the mission statement of Elizabeth Collins Liver Memorial Tr C/O Robertson Banking Company?

The Elizabeth Collins Liver Memorial Trust, managed by Robertson Banking Company, continues its operations to fulfill its tax-exempt purposes. A significant part of its mission involves managing its funds to generate and distribute a substantial portion of its net income. Half of this distribution is allocated to Judson College, while the other half is directed towards Gallion Baptist Church. These distributions represent the largest amount of support generated by any single organization for both institutions.

Who is the CEO of Elizabeth Collins Liver Memorial Tr C/O Robertson Banking Company?

Robertson Banking Company is the Trustee of Elizabeth Collins Liver Memorial Tr C/O Robertson Banking Company.

What is the revenue of Elizabeth Collins Liver Memorial Tr C/O Robertson Banking Company?

Elizabeth Collins Liver Memorial Tr C/O Robertson Banking Company's revenue in 2022 was $231,257.

Who are the executives of Elizabeth Collins Liver Memorial Tr C/O Robertson Banking Company and what are their salaries?


Here are 2 key members and their salaries:


Robertson Banking Company (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aretha Muhammad (Principal Of)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Elizabeth Collins Liver Memorial Tr C/O Robertson Banking Company?

Elizabeth Collins Liver Memorial Tr C/O Robertson Banking Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Elizabeth Collins Liver Memorial Tr C/O Robertson Banking Company

Elizabeth Collins Liver Memorial Trust, managed by Robertson Banking Company, continues its operations with a tax-exempt purpose. One of its primary objectives is the management of its funds, aiming to generate a significant portion of its net income. This income is then distributed in two parts: 60% goes to Judson College, and 40% is allocated to Gallion Baptist Church. These distributions mark the largest amount of support received by either institution from any single organization. In this way, Elizabeth Collins Liver Memorial Trust plays a crucial role in supporting these two organizations financially.

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Impact




October, 2024

The Elizabeth Collins Liver Memorial Trust, managed by Robertson Banking Company, plays a significant role in the financial support of both Judson College and Gallion Baptist Church. By strategically managing its funds, the trust generates and distributes 60% of its net income to Judson College and 40% to Gallion Baptist Church. These distributions represent the largest financial backing from any single source for both institutions, underscoring the trust's vital impact on their continued operations and mission fulfillment. This philanthropic endeavor helps to ensure the sustainability and growth of educational and religious services in the community, making a lasting difference in the lives of individuals connected to both organizations.




This information is meant to be a general summary of Elizabeth Collins Liver Memorial Tr C/O Robertson Banking Company. 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
$231,257 (2022)
Expenses
$383,950 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $231,257
  • Gross Receipts: $2,053,543

Assets and Liabilities:

  • Total Assets: $6,128,475
  • Total Liabilities: $0
  • Net Assets: $6,128,475

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Organization Details

Founding Year

1995

Principal Officer

Robertson Banking Company

Main Address

P O DRAWER 490, DEMOPOLIS, AL, 367320490

NTEE Category

Code: T22 - Philanthropy

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