nonprofit logo

Laddie J Hendricks Charitable Trust

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

EIN: 742966624 ✦ Kerrville, TX ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Laddie J Hendricks Charitable Trust?

Laddie J Hendricks Charitable Trust is a philanthropic organization located in Kerrville, Texas. Its primary mission is to support the local Salvation Army in Kerrville through an annual distribution of the trust's net income, derived from investment activities. The trust does not engage in any other income-generating activities or provide program services. The trust's primary objective is to contribute positively to the local community by supporting a well-known and respected organization like the Salvation Army.

Is Laddie J Hendricks Charitable Trust legitimate?

Laddie J Hendricks Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laddie J Hendricks Charitable 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: $15,714
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Laddie J Hendricks Charitable Trust?

The Laddie J Hendricks Charitable Trust is committed to supporting a specific entity, namely The Salvation Army in Kerrville, Texas. They accomplish this mission by annually distributing the trust's net income, which is derived from investment activities. The trust does not engage in any other income-generating activities or provide program services beyond this annual distribution.

Who is the CEO of Laddie J Hendricks Charitable Trust?

Security State Bank Tru is the Principal Officer of Laddie J Hendricks Charitable Trust.

What is the revenue of Laddie J Hendricks Charitable Trust?

Laddie J Hendricks Charitable Trust's revenue in 2023 was $78,840.

Who are the executives of Laddie J Hendricks Charitable Trust and what are their salaries?


There is 1 key member and their salary:


Security State Bank & Trust (Trustee)
  • Compensation: $15,714
  • Related: $0
  • Other: $0
Where can I find the form 990 for Laddie J Hendricks Charitable Trust?

Laddie J Hendricks Charitable Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Laddie J Hendricks Charitable Trust

The Laddie J Hendricks Charitable Trust is a philanthropic organization with a mission to provide annual support to The Salvation Army located in Kerrville, Texas. This support is facilitated through the distribution of the trust's net income, derived from investment activities. The trust does not engage in any other income-generating activities or provide program services beyond this annual distribution.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

The Laddie J Hendricks Charitable Trust has a significant impact in Kerrville, Texas, primarily through its support of the Salvation Army. By directing its annual net income from investment activities to this vital organization, the Trust plays a crucial role in funding the Salvation Army's programs and services in the community. This consistent financial assistance helps ensure that essential services are available to those in need, addressing issues such as homelessness, hunger, and emergency assistance. The Trust's commitment to philanthropy not only bolsters the Salvation Army's efforts but also enhances the overall well-being of individuals and families in Kerrville.




This information is meant to be a general summary of Laddie J Hendricks Charitable 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
$78,840 (2023)
Expenses
$76,200 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $78,840
  • Gross Receipts: $290,837

Assets and Liabilities:

  • Total Assets: $961,304
  • Total Liabilities: $58,987
  • Net Assets: $902,317

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2000

Principal Officer

Security State Bank Tru

Main Address

1130 JUNCTION HIGHWAY STE 200, KERRVILLE, TX, 78028

NTEE Category

Code: T300 - Philanthropy

If you are a representative of Laddie J Hendricks Charitable Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.