Overview
What is Trust Ii?
Trust Ii is a nonprofit organization situated in Salt Lake City, Utah. Their primary mission is to assist indigent individuals, providing financial aid for medical expenses and related costs, such as lodging during a family member's treatment or healing process. By doing so, they contribute to the well-being of nine individuals in need. This support is an essential part of their mission to care for the less fortunate, demonstrating their commitment to community welfare.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
Trust II has received a low rating indicating significant concerns regarding its accountability and financial practices. The absence of independent board members raises questions about governance, while the lack of essential policies, such as conflict of interest and whistleblower policies, may indicate shortcomings in oversight and transparency. Though the charity scored well in terms of its liabilities to assets and program expense ratio, the overall financial accountability remains a concern.
The organization reported program expenses at 80.05%, which is a positive aspect, suggesting that a substantial portion of its budget is directed towards its programs rather than administrative costs. However, the missing elements like the tax form on its website and a conflict of interest policy highlight areas that require improvement for better trust and accountability. Overall, while Trust II has some strengths in program spending, its overall governance and transparency need significant enhancements to improve its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Trust Ii legitimate?
Trust Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trust Ii 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 Trust Ii?
Trust II's mission is centered around providing financial support and medical care for indigent individuals. Specifically, they assist in covering medical expenses and costs, including lodging for families during the treatment or recovery of a family member. This organization's primary goal is to ensure that those in need have access to necessary medical care, thereby improving their overall well-being.
Who is the CEO of Trust Ii?
Bill Potts is the Trustee of Trust Ii.
What is the revenue of Trust Ii?
Trust Ii's revenue in 2022 was $78,877.
Who are the executives of Trust Ii and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $113,228
- Other: $0
- Compensation: $0
- Related: $62,912
- Other: $0
- Compensation: $0
- Related: $86,385
- Other: $0
- Compensation: $0
- Related: $16,200
- Other: $0
- Compensation: $0
- Related: $70,983
- Other: $0
Where can I find the form 990 for Trust Ii?
Trust Ii's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Trust Ii
Trust II, as stated in the provided information, is a nonprofit organization with a mission centered around paying for medical expenses and providing care for indigent individuals. This mission is carried out by financially assisting nine individuals with the costs associated with their family member's medical treatment or healing, including covering lodging expenses. By doing so, Trust II plays a vital role in ensuring that those who are economically disadvantaged can receive the necessary medical care they require, thereby improving their overall well-being.
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Impact
October, 2024
Trust II significantly impacts the lives of individuals and families in Salt Lake City, Utah, by providing crucial financial assistance for medical expenses. By supporting nine indigent individuals, Trust II alleviates the burden of healthcare costs, enabling them to receive necessary treatments without the added stress of financial instability. This support extends beyond medical bills; it includes coverage for familial lodging, which is essential for caregivers who need to be close to loved ones undergoing treatment. The mission to ensure access to healthcare for those in need is essential for fostering a healthier community and improving the overall well-being of vulnerable populations.
This information is meant to be a general summary of Trust Ii. 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: $78,877
- Gross Receipts: $78,877
Assets and Liabilities:
- Total Assets: $2,349,306
- Total Liabilities: $108,886
- Net Assets: $2,240,420
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Organization Details
Founding Year
1988
Phone
(801) 322-4131Principal Officer
Bill Potts
Main Address
75 SOUTH 200 EAST, SALT LAKE CITY, UT, 841112147
NTEE Category
Code: E32 - Health
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