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J A Leta M Chapman Tr 486002Ac2

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

EIN: 736112228 ✦ Tulsa, OK ✦ Designated as a 501(c)(3)

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Overview

What is J A Leta M Chapman Tr 486002Ac2?

J. A. Leta M. Chapman Trust, identified by the name "J A Leta M Chapman Tr 486002Ac2," is a nonprofit organization dedicated to directly and permanently supporting the named beneficiaries. The trust's primary mission revolves around providing essential assistance and long-term support to those individuals. This commitment aims to make a significant and lasting difference in their lives.

What are the reviews and ratings of this charity?

Charity Navigator rates J A Leta M Chapman Tr 486002Ac2 with a score of 52%, resulting in a One-Star out of Four Star rating. This rating indicates significant concerns regarding the charity's accountability and financial practices. With a lack of independent board members and missing key financial statements, the organization may struggle to meet transparency standards that donors often look for.

Despite these shortcomings, the charity demonstrates a high program expense ratio of 91.89%, suggesting that a majority of its funds are directed toward its programs rather than administrative costs. This can be viewed positively as it implies that, when funds are utilized, they are primarily spent on the intended mission.

However, the absence of critical policies, such as a conflict of interest policy and a whistleblower policy, raises red flags about the governance practices in place. Overall, while the charity is actively supporting its programs, the issues related to governance and transparency warrant caution for potential donors.


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

Is J A Leta M Chapman Tr 486002Ac2 legitimate?

J A Leta M Chapman Tr 486002Ac2 is a legitimate nonprofit organization registered as a 501(c)(3) entity. J A Leta M Chapman Tr 486002Ac2 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: $3,745,461
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of J A Leta M Chapman Tr 486002Ac2?

This organization is dedicated to providing ongoing and sustainable assistance to the designated beneficiaries. Their mission encompasses offering long-term support to those in need. By focusing on direct aid, they aim to make a significant and enduring impact on the lives of the individuals they serve. Their commitment extends beyond temporary solutions, ensuring a steady and permanent source of assistance. In essence, they are a beacon of consistent support for their beneficiaries.

Who is the CEO of J A Leta M Chapman Tr 486002Ac2?

Bokf Na is the Corporate Trustee of J A Leta M Chapman Tr 486002Ac2.

What is the revenue of J A Leta M Chapman Tr 486002Ac2?

J A Leta M Chapman Tr 486002Ac2's revenue in 2022 was $51,073,826.

Who are the executives of J A Leta M Chapman Tr 486002Ac2 and what are their salaries?


There is 1 key member and their salary:


Bank Of Oklahoma Na Bok (Corporate Trustee)
  • Compensation: $3,745,461
  • Related: $0
  • Other: $0
Where can I find the form 990 for J A Leta M Chapman Tr 486002Ac2?

J A Leta M Chapman Tr 486002Ac2's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of J A Leta M Chapman Tr 486002Ac2

J A Leta M Chapman Tr, a dedicated nonprofit organization, is committed to providing unwavering support to the named beneficiaries it serves. This mission is encapsulated in the organization's unyielding promise to offer direct and permanent assistance.

In essence, J A Leta M Chapman Tr steps in to ensure the named beneficiaries have access to ongoing, dependable assistance. The organization's primary objective is to provide a safety net, bridging gaps and instilling confidence in the faces of those in need. The support extended by J A Leta M Chapman Tr is not transient; it is designed to be a long-term, reliable resource for its beneficiaries.

The organization's unwavering dedication to its mission is reflected in its day-to-day operations. J A Leta M Chapman Tr's team works diligently to understand the unique needs of each beneficiary and tailors its support accordingly. By providing direct and permanent assistance, the organization empowers its beneficiaries, giving them the foundation they need to overcome challenges and thrive.

Through its unrelenting commitment to its mission, J A Leta M Chapman Tr makes a significant difference in the lives of the named beneficiaries it serves. The organization's impact can be seen in the renewed sense of hope and resilience that comes with knowing one has a trusted, reliable source of support. J A Leta M Chapman Tr's mission is a testament to its belief that every person deserves the opportunity to live a life filled with dignity and stability.

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Impact




October, 2024

J A Leta M Chapman Tr 486002Ac2 significantly impacts its beneficiaries by providing essential and enduring support. This commitment ensures that individuals and families in Tulsa, OK, receive the assistance they need to enhance their quality of life. The organization's focus on direct support allows for immediate and tangible benefits, fostering stability and resilience among those it serves. By prioritizing philanthropy, it contributes to the overall welfare of the community, creating a lasting legacy of care and empowerment for its beneficiaries.




This information is meant to be a general summary of J A Leta M Chapman Tr 486002Ac2. 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
$51,073,826 (2022)
Expenses
$60,738,003 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $29,174,367
  • Gross Receipts: $239,493,238

Assets and Liabilities:

  • Total Assets: $990,481,506
  • Total Liabilities: $0
  • Net Assets: $990,481,506

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Organization Details

Founding Year

1966

Principal Officer

Bokf Na

Main Address

PO BOX 1620, TULSA, OK, 741011620

NTEE Category

Code: T900 - Philanthropy

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