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Mona A Walker Trust

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

EIN: 752805004 ✦ Henderson, TX ✦ Designated as a 501(c)(3)

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Overview

What is Mona A Walker Trust?

The Mona A Walker Trust is a charitable entity established for the benefit of the Westminster Presbyterian Church in Corsicana, Texas. The primary function of this trust is to distribute its income annually to the church, in accordance with the terms set out in the trust. The income derived from the trust serves to support the church's operations, thereby contributing to its continued mission and activities.

Is Mona A Walker Trust legitimate?

Mona A Walker Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mona A Walker 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: $44,763
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Mona A Walker Trust?

The Mona A Walker Trust's mission is centered around providing financial aid to support the operations of a specific church, identified as the Westminster Presbyterian Church in Corsicana, Texas. The income generated from the trust is distributed annually to the church, in accordance with the trust's terms. The primary purpose of this financial support is to ensure the church's ongoing operations and services. It's important to note that the trust is established for the benefit of this particular church, and its proceeds are allocated to support its operations on a yearly basis.

Who is the CEO of Mona A Walker Trust?

Unavailable

What is the revenue of Mona A Walker Trust?

Mona A Walker Trust's revenue in 2023 was $288,209.

Who are the executives of Mona A Walker Trust and what are their salaries?


There is 1 key member and their salary:


Verabank (Trustee)
  • Compensation: $44,763
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mona A Walker Trust?

Mona A Walker Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Mona A Walker Trust

The Mona A Walker Trust is a philanthropic entity that has a specific mission. This mission involves providing financial aid to the Westminster Presbyterian Church in Corsicana, Texas. The primary objective of the trust is to support the church's operations on an annual basis, in accordance with the terms stipulated in the trust. The income derived from the trust serves as a crucial resource for the church, contributing to its ongoing activities and services. Despite not having detailed information about the nature of these activities, it is clear that the Mona A Walker Trust plays a significant role in supporting the Westminster Presbyterian Church in its mission.

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Impact




October, 2024

The Mona A Walker Trust provides essential financial support to the Westminster Presbyterian Church in Corsicana, TX, significantly aiding its operations. By distributing income on an annual basis, the trust ensures that the church can maintain and enhance its services to the community. This support allows the church to focus on its mission and outreach efforts, fostering a spiritual environment and meeting the needs of its congregation in Corsicana. Through its consistent funding, the trust plays a vital role in sustaining the church's activities and programs, ultimately enriching the community's religious and social fabric.




This information is meant to be a general summary of Mona A Walker 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
$288,209 (2023)
2011201220132014201520162017201820192020202120222023$0$200k$400k$600k$800k
Expenses
$371,215 (2023)
2011201220132014201520162017201820192020202120222023$0$100k$200k$300k$400k
Efficiency
20112012201320142015201620172018201920202021202220230%4%8%12%19%

Other financial information:

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

  • Investment Income: $285,110
  • Gross Receipts: $1,412,948

Assets and Liabilities:

  • Total Assets: $6,524,109
  • Total Liabilities: $0
  • Net Assets: $6,524,109

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Organization Details

Main Address

PO BOX 820, HENDERSON, TX, 75653

NTEE Category

Code: X200 - Religion related

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