R E Lee Wilson Sr Trust

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

EIN: 716172255 ✦ Jonesboro, AR ✦ Designated as a 501(c)(3)

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Overview

What is R E Lee Wilson Sr Trust?

R E Lee Wilson Sr Trust is a nonprofit entity based in Jonesboro, Arkansas, with an address at 2400 EAST HIGHLAND. Its primary mission is to contribute the profits generated from its investments to Arkansas State University for educational purposes. The trust's activities are focused on supporting the educational resources and initiatives at Arkansas State University, contributing to the betterment of education in the community.

Is R E Lee Wilson Sr Trust legitimate?

R E Lee Wilson Sr Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. R E Lee Wilson Sr 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: $27,555
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of R E Lee Wilson Sr Trust?

The R E Lee Wilson Sr Trust's mission is centered around contributing the profits derived from its investments to Arkansas State University for educational purposes. This commitment is aimed at supporting and enhancing the educational initiatives of the university. The trust's primary objective is to channel its investment gains towards promoting education at Arkansas State University.

Who is the CEO of R E Lee Wilson Sr Trust?

Shelly Lamb is the Co-Trustee of R E Lee Wilson Sr Trust.

What is the revenue of R E Lee Wilson Sr Trust?

R E Lee Wilson Sr Trust's revenue in 2022 was $132,806.

Who are the executives of R E Lee Wilson Sr Trust and what are their salaries?


Here are 2 key members and their salaries:


Regions Bank Trust Department (Co-Trustee)
  • Compensation: $27,555
  • Related: $0
  • Other: $0
Arkansas State University (Co-Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for R E Lee Wilson Sr Trust?

R E Lee Wilson Sr Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of R E Lee Wilson Sr Trust

The R.E. Lee Wilson Sr. Trust is a philanthropic organization dedicated to contributing the profits derived from its investments towards educational purposes at Arkansas State University. This mission involves channelling the gains made through investments towards supporting the educational endeavors of Arkansas State University. By doing so, the trust aims to make a significant impact on the educational landscape of the university, thereby contributing to its growth and development.

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Impact




October, 2024

R E Lee Wilson Sr Trust significantly impacts Arkansas State University by providing financial support derived from investment gains. This funding is crucial for advancing educational initiatives and programs at the university in Jonesboro, Arkansas. By facilitating cash contributions to the institution, the trust enhances the academic experience for students and contributes to the overall growth of educational resources. This ongoing support strengthens the university's ability to innovate and improve its offerings, ultimately benefiting both the current student body and the local community.




This information is meant to be a general summary of R E Lee Wilson Sr 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
$132,806 (2022)
Expenses
$253,844 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $132,866
  • Gross Receipts: $1,040,503

Assets and Liabilities:

  • Total Assets: $2,784,736
  • Total Liabilities: $0
  • Net Assets: $2,784,736

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Organization Details

Founding Year

1997

Principal Officer

Shelly Lamb

Main Address

2400 EAST HIGHLAND, JONESBORO, AR, 72401

NTEE Category

Code: B82 - Education

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