Overview
What is The Pinecrest Retirement Trust?
The Pinecrest Retirement Trust is a charitable organization, established in Lufkin, Texas. Its primary mission is to support MRC Pinecrest, an organization dedicated to providing nursing care assistance to senior adults in faith-based environments. The trust achieves this by receiving and investing donations, managing their investments to ensure they are used for benevolent assistance. The aim is to support the dignity, independence, and quality of life of senior residents at MRC Pinecrest, even in times of financial hardship due to no fault of their own. The trust plays a crucial role in maintaining the commitment to high-quality living for the elderly at MRC Pinecrest.
Is The Pinecrest Retirement Trust legitimate?
The Pinecrest Retirement Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Pinecrest Retirement 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Pinecrest Retirement Trust?
The Pinecrest Retirement Trust supports an organization named MRC Pinecrest in providing quality living for senior adults in a faith-based environment. The trust accomplishes this by accepting donations and managing the investment of these funds. The primary purpose of this management is to provide benevolent assistance to those in need at MRC Pinecrest, ensuring the dignity, independence, and quality of life for the senior residents, even if they run out of funds due to no fault of their own. In essence, The Pinecrest Retirement Trust serves as a safety net for the senior residents, ensuring they maintain a decent standard of living.
Who is the CEO of The Pinecrest Retirement Trust?
Jule Tatum Fenley is the Chairman of The Pinecrest Retirement Trust.
What is the revenue of The Pinecrest Retirement Trust?
The Pinecrest Retirement Trust's revenue in 2022 was $529,485.
Who are the executives of The Pinecrest Retirement Trust and what are their salaries?
There 7 volunteers at The Pinecrest Retirement Trust.
Here are 7 key members and their salaries:
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Where can I find the form 990 for The Pinecrest Retirement Trust?
The Pinecrest Retirement Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Pinecrest Retirement Trust
The Pinecrest Retirement Trust supports MRC Pinecrest in their commitment to providing quality living for senior adults in faith-based environments. This trust achieves this mission by accepting donations and managing the investment of these contributions. The primary objective of these investments is to provide benevolent assistance to those in need at MRC Pinecrest. This aid is intended to uphold the dignity, independence, and quality of life for the senior residents being served, even if they run low or exhaust their funds due to circumstances beyond their control.
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Impact
October, 2024
The Pinecrest Retirement Trust significantly enhances the quality of life for senior adults at MRC Pinecrest by providing essential financial support that ensures their dignity and independence. Through careful management and investment of donations, the Trust facilitates benevolent assistance for residents in need, particularly those who may find themselves low on funds due to circumstances beyond their control. This sustains access to necessary nursing care and other vital resources, reinforcing the commitment to quality living in a faith-based environment. By addressing the financial challenges faced by these seniors, the Trust plays a crucial role in maintaining their overall well-being and enabling a respectful and dignified lifestyle.
This information is meant to be a general summary of The Pinecrest Retirement 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $529,485
- Gross Receipts: $2,683,919
Assets and Liabilities:
- Total Assets: $5,475,713
- Total Liabilities: $0
- Net Assets: $5,475,713
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Organization Details
Founding Year
1999
Phone
(936) 414-1000Principal Officer
Jule Tatum Fenley
Main Address
PO BOX 154626, LUFKIN, TX, 75915
NTEE Category
Code: L112 - Housing
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