Overview
What is Mae T Mullins Trust Texas State Bank Trustee?
Mae T Mullins Trust Texas State Bank Trustee is a charitable entity, with its administrative headquarters located at 2201 Sherwood Way, San Angelo, Texas. This trust, overseen by The Salvation Army, San Angelo, Texas Division, aims to provide essential aid to indigent individuals in need. Specifically, the trust's income is allocated, with two-thirds allocated to The Salvation Army and the remaining third directed towards Calvary Cemetery. The Salvation Army's mission under this trust is to offer emergency shelter and food services, extending a helping hand to those experiencing financial hardship.
Is Mae T Mullins Trust Texas State Bank Trustee legitimate?
Mae T Mullins Trust Texas State Bank Trustee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mae T Mullins Trust Texas State Bank Trustee 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: $5,801
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Mae T Mullins Trust Texas State Bank Trustee?
The Mae T Mullins Trust, managed by the Texas State Bank Trustee, has a specific distribution of its income under the trust provisions. Two-thirds of the income is allocated to the Salvation Army, a division based in San Angelo, Texas, to support their mission of providing emergency shelter and food for individuals in need. The remaining one-third of the income goes to Calvary Cemetery. While the trust does not have a mission statement of its own, its financial support to these two organizations indirectly contributes to their respective missions.
Who is the CEO of Mae T Mullins Trust Texas State Bank Trustee?
Texas State Bank is the Trustee of Mae T Mullins Trust Texas State Bank Trustee.
What is the revenue of Mae T Mullins Trust Texas State Bank Trustee?
Mae T Mullins Trust Texas State Bank Trustee's revenue in 2022 was $15,191.
Who are the executives of Mae T Mullins Trust Texas State Bank Trustee and what are their salaries?
There is 1 key member and their salary:
- Compensation: $5,801
- Related: $0
- Other: $0
Where can I find the form 990 for Mae T Mullins Trust Texas State Bank Trustee?
Mae T Mullins Trust Texas State Bank Trustee's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mae T Mullins Trust Texas State Bank Trustee
Mae T Mullins Trust, overseen by the Texas State Bank Trustee, has a specific mission outlined in its provisions. This mission involves distributing the trust's income in two equal parts. One portion, amounting to two-thirds, is allocated to the Salvation Army, San Angelo, Texas Division. The remaining one-third is directed towards Calvary Cemetery.
The Salvation Army, San Angelo, Texas Division, is the primary beneficiary of a significant portion of the trust's income. This charity organization is dedicated to providing emergency shelter and food to indigent individuals, offering vital aid during tough times. By supporting the Salvation Army, Mae T Mullins Trust is contributing to the well-being of those in need, providing them with a safe place and essential sustenance.
In addition to supporting the Salvation Army, Mae T Mullins Trust also aids Calvary Cemetery. The cemetery serves as a final resting place for many, providing a peaceful and dignified burial site. By contributing to Calvary Cemetery, the trust is ensuring that this essential service continues to serve the community, offering families a place to lay their loved ones to rest with dignity and respect.
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Impact
October, 2024
The Mae T Mullins Trust significantly impacts the San Angelo community through its financial support directed primarily towards two key beneficiaries. By allocating two-thirds of its income to the Salvation Army, the trust plays a vital role in providing emergency shelter and food for indigent individuals. This support enables the Salvation Army to address immediate needs within the community, ensuring that vulnerable populations have access to essential services.
Additionally, the remaining one-third of the income is dedicated to Calvary Cemetery, contributing to the preservation and maintenance of a respectful resting place for the deceased. This funding helps uphold the cultural and historical significance of the cemetery, facilitating a dignified environment for families to remember their loved ones.
Overall, the Mae T Mullins Trust fosters a spirit of philanthropy and community care in San Angelo, enhancing the quality of life for its residents while supporting essential services for those in need.
This information is meant to be a general summary of Mae T Mullins Trust Texas State Bank Trustee. 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: $15,191
- Gross Receipts: $104,822
Assets and Liabilities:
- Total Assets: $556,684
- Total Liabilities: $0
- Net Assets: $556,684
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Organization Details
Founding Year
1992
Phone
(325) 949-3721Principal Officer
Texas State Bank
Main Address
2201 Sherwood Way, San Angelo, TX, 76901
NTEE Category
Code: T00 - Philanthropy
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