Gum Springs Cemetery Memorial Trust Texas Bank & Trust

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

EIN: 756187001 ✦ Longview, TX ✦ Designated as a 501(c)(13)

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Overview

What is Gum Springs Cemetery Memorial Trust Texas Bank & Trust?

Gum Springs Cemetery Memorial Trust Texas Bank & Trust is a nonprofit organization situated in Longview, Texas. Its primary mission is to support the Gum Springs Cemetery by functioning as a cemetery and burial services provider. This role involves generating income to maintain and upkeep the cemetery, ensuring it continues to serve as a peaceful and respectful resting place for the community. The Trust operates under the guidance of Texas Bank & Trust, contributing to its financial stability and overall operations.

Is Gum Springs Cemetery Memorial Trust Texas Bank & Trust legitimate?

Gum Springs Cemetery Memorial Trust Texas Bank & Trust is a legitimate nonprofit organization registered as a 501(c)(13) entity. Gum Springs Cemetery Memorial Trust Texas Bank & Trust submitted a form 990EZ, 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 Gum Springs Cemetery Memorial Trust Texas Bank & Trust?

The Gum Springs Cemetery Memorial Trust, in association with Texas Bank & Trust, has a mission to generate income to support the Gum Springs Cemetery. They accomplish this by functioning as a cemeteries and burial services organization. This income generation allows for the maintenance and upkeep of the cemetery, ensuring it continues to serve as a resting place for the community. The trust's operations also contribute to the preservation of the historical and cultural significance of the Gum Springs Cemetery.

What is the revenue of Gum Springs Cemetery Memorial Trust Texas Bank & Trust?

Gum Springs Cemetery Memorial Trust Texas Bank & Trust's revenue in 2023 was $69,383.

Who are the executives of Gum Springs Cemetery Memorial Trust Texas Bank & Trust and what are their salaries?

There is 1 key member and their salary:


Carolyn Mcghee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gum Springs Cemetery Memorial Trust Texas Bank & Trust?

Gum Springs Cemetery Memorial Trust Texas Bank & Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Gum Springs Cemetery Memorial Trust Texas Bank & Trust

Gum Springs Cemetery Memorial Trust, a nonprofit organization, is committed to supporting the Gum Springs Cemetery by functioning as a cemeteries and burial services provider. Their mission is to generate income for the cemetery, ensuring its maintenance and continuity. By operating as a cemeteries and burial services organization, the Trust contributes to the solemn and respectful upkeep of the cemetery, providing essential services to families and individuals in need.

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Impact




October, 2024

Gum Springs Cemetery Memorial Trust Texas Bank & Trust plays a vital role in the preservation and maintenance of Gum Springs Cemetery in Longview, TX. By generating income through its operations as a cemetery and burial services organization, it ensures that essential services are provided for families during their times of loss. The trust helps uphold the historical significance of the cemetery while offering a peaceful resting place for the community. Its focus on financial sustainability allows for ongoing maintenance and improvements to the site, enhancing the overall experience for visitors and family members. Furthermore, its mutual benefit approach fosters a sense of community support and shared responsibility for the cemetery's legacy.




This information is meant to be a general summary of Gum Springs Cemetery Memorial Trust Texas Bank & 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
$69,383 (2023)
2011201220132014201520162017201820192020202120222023$0$25,000$50,000$75,000$100k
Expenses
$28,449 (2023)
2011201220132014201520162017201820192020202120222023$0$7,500$15,000$22,500$30,000
Efficiency
20112012201320142015201620172018201920202021202220230%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: $20,179
  • Gross Receipts: $76,010

Assets and Liabilities:

  • Total Assets: $469,727
  • Total Liabilities: $0
  • Net Assets: $469,727

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Organization Details

Principal Officer

Carolyn Mcghee

Main Address

PO Box 2749, Longview, TX, 75606

NTEE Category

Code: Y50 - Mutual benefit

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