Otis E Banks Burial Fund

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

EIN: 756038122 ✦ Dallas, TX ✦ Designated as a 501(c)(9)

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Overview

What is Otis E Banks Burial Fund?

The Otis E Banks Burial Fund is a nonprofit organization, specifically a life insurance fund, situated in Dallas, Texas. Its primary mission is to offer immediate financial assistance to the family of a deceased firefighter. By providing this aid, the fund aims to alleviate the financial burden during a difficult time, ensuring the family can focus on grieving and healing. The fund's activities are centered around this mission, offering support directly after a firefighter's passing.

Is Otis E Banks Burial Fund legitimate?

Otis E Banks Burial Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Otis E Banks Burial Fund 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 Otis E Banks Burial Fund?

The Otis E Banks Burial Fund is dedicated to providing immediate assistance upon the demise of a firefighter. Its mission is to support the family of the deceased firefighter in their time of need. This support is materialized through the payment of life insurance benefits to the survivors of the firefighter members who have passed away.

Who is the CEO of Otis E Banks Burial Fund?

Evelyn Maddox is the President of Otis E Banks Burial Fund.

What is the revenue of Otis E Banks Burial Fund?

Otis E Banks Burial Fund's revenue in 2022 was $90,351.

Who are the executives of Otis E Banks Burial Fund and what are their salaries?


Here are 8 key members and their salaries:


Charles Mclemore (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Aramayo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Braddick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Aramayo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jow Veracruz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lindsey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evelyn Maddox (Treasury)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Maddox (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Otis E Banks Burial Fund?

Otis E Banks Burial Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Otis E Banks Burial Fund

The Otis E Banks Burial Fund is a nonprofit organization with a mission to provide immediate assistance upon the unfortunate demise of a firefighter. This mission is carried out by offering life insurance benefits to the survivors of these deceased members. The primary aim of the Otis E Banks Burial Fund is to alleviate the financial burden faced by the families of fallen firefighters during this challenging time, ensuring they receive the necessary support during their grief.

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Impact




October, 2024

The Otis E. Banks Burial Fund significantly alleviates the financial burden faced by the families of deceased firefighters in Dallas, TX. By providing life insurance benefits to the survivors of its members, the fund offers immediate assistance during a time of profound grief and distress. This support ensures that families can focus on mourning their loved ones rather than worrying about funeral costs and other financial obligations that may arise following a firefighter's death.

The impact of this fund is profound, as it helps to foster a sense of community and mutual support among firefighters and their families. By prioritizing the needs of those left behind, the Otis E. Banks Burial Fund reinforces the notion of togetherness in the firefighting community, ultimately empowering families to navigate an incredibly challenging period in their lives with less financial strain.




This information is meant to be a general summary of Otis E Banks Burial Fund. 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
$90,351 (2022)
Expenses
$148,494 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$36,105
  • Gross Receipts: $90,351

Assets and Liabilities:

  • Total Assets: $607,275
  • Total Liabilities: $0
  • Net Assets: $607,275

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Organization Details

Founding Year

1940

Principal Officer

Evelyn Maddox

Main Address

10956 AUDELIA RD, Dallas, TX, 75243

NTEE Category

Code: Y40 - Mutual benefit

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