Overview
What is Elm Knoll Holdings Trust Dated January 25 2016?
Elm Knoll Holdings Trust, established on January 25, 2016, is a trust with a specific purpose. Its mission is to maintain ownership of real property and distribute its income, after deducting expenses, to the Albert Schenk III and Kathleen H. Schenk Charitable Trust-No. 1. This trust allows for the utilization of funds for charitable purposes, indicating its commitment to contributing to beneficial causes within the community.
Is Elm Knoll Holdings Trust Dated January 25 2016 legitimate?
Elm Knoll Holdings Trust Dated January 25 2016 is a legitimate nonprofit organization registered as a 501(c)(25) entity. Elm Knoll Holdings Trust Dated January 25 2016 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:
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What is the mission statement of Elm Knoll Holdings Trust Dated January 25 2016?
The Elm Knoll Holdings Trust, established on January 25, 2016, has a primary objective. It is designed to hold title to real property and subsequently transfer the entire income, after deducting expenses, to the Albert Schenk III and Kathleen H. Schenk Charitable Trust-No. 1. This transferred income can then be utilized for charitable purposes. In essence, the trust serves as a financial vehicle, channeling funds for charitable initiatives.
Who is the CEO of Elm Knoll Holdings Trust Dated January 25 2016?
Natalie Hamilton is the Trustee of Elm Knoll Holdings Trust Dated January 25 2016.
What is the revenue of Elm Knoll Holdings Trust Dated January 25 2016?
Elm Knoll Holdings Trust Dated January 25 2016's revenue in 2022 was -$6,035.
Who are the executives of Elm Knoll Holdings Trust Dated January 25 2016 and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Elm Knoll Holdings Trust Dated January 25 2016?
Elm Knoll Holdings Trust Dated January 25 2016's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Elm Knoll Holdings Trust Dated January 25 2016
Elm Knoll Holdings Trust Dated January 25 2016 is a trust with a unique mission. Its primary objective is to hold title to real property and then distribute the entire income generated from the property, after deducting any expenses, to the Albert Schenk III and Kathleen H. Schenk Charitable Trust-No. 1. This trust allows for the use of the funds for charitable purposes. In essence, Elm Knoll Holdings Trust serves as a financial vessel, channeling resources towards charitable endeavors as directed by the Albert Schenk III and Kathleen H. Schenk Charitable Trust-No. 1. This mission is a testament to the trust's commitment to contributing to charitable causes, making a difference in various communities and sectors.
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Impact
October, 2024
Elm Knoll Holdings Trust Dated January 25, 2016, has a significant impact on charitable activities within the community it serves. By holding title to real property, the trust generates income through its assets, which is subsequently channeled to the Albert Schenk III and Kathleen H. Schenk Charitable Trust-No. 1. This mechanism ensures a steady stream of financial resources dedicated to various charitable purposes.
The income derived from the trust, after expenses are deducted, aims to support initiatives that enhance community well-being and improvement efforts in Wheeling, WV. This arrangement fosters sustainable funding for charitable activities, highlighting the commitment to community betterment. The trust effectively acts as a conduit for philanthropic efforts, allowing for the continuation and expansion of local charitable programs supported by the Schenk Trust. Overall, Elm Knoll Holdings Trust plays a pivotal role in facilitating financial resources that promote community enhancement and charitable initiatives.
This information is meant to be a general summary of Elm Knoll Holdings Trust Dated January 25 2016. 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.
- Program Service Revenue: $54,464
- Gross Receipts: $796,883
Assets and Liabilities:
- Total Assets: $5,590,905
- Total Liabilities: $3,639,354
- Net Assets: $1,951,551
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARKING FEE INCOME
Revenue
$54,464
Organization Details
Founding Year
2016
Phone
(304) 639-9947Principal Officer
Natalie Hamilton
Main Address
2084 NATIONAL ROAD, WHEELING, WV, 26003
NTEE Category
Code: S47 - Community improvement
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