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John G Kenedy Jr Ranch Surface

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

EIN: 826501674 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is John G Kenedy Jr Ranch Surface?

John G Kenedy Jr Ranch Surface is a trust established with the purpose of supporting the Missionary Society of Oblate Fathers of Texas, as specified in the will of Elena S. Kennedy. This charitable organization primarily focuses on religious, charitable, scientific, literary, or educational endeavors, falling under the 501(c)(3) classification. The trust generates revenue from the surface interest of the trust, which is then directed towards benefiting this religious society. Although the trust is based in San Antonio, Texas (as indicated by its PO Box address), the specific activities or missions carried out by the trust are not provided in the information.

Is John G Kenedy Jr Ranch Surface legitimate?

John G Kenedy Jr Ranch Surface is a legitimate nonprofit organization registered as a 501(c)(3) entity. John G Kenedy Jr Ranch Surface 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: $161,368
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of John G Kenedy Jr Ranch Surface?

The John G. Kennedy Jr. Ranch Surface, as per the instructions in Elena S. Kennedy's will, supports a missionary society, specifically the Oblate Fathers of Texas. The revenue generated from the surface interest of the trust is intended to benefit this society, with purposes falling under the category of religious, charitable, scientific, literary, or educational, as defined under section 501(C)(3). The support provided by the trust aligns with the charitable organizations named in its organizing documents.

Who is the CEO of John G Kenedy Jr Ranch Surface?

Sharon Shirley is the Sharon Shirley, Administrator of John G Kenedy Jr Ranch Surface.

What is the revenue of John G Kenedy Jr Ranch Surface?

John G Kenedy Jr Ranch Surface's revenue in 2023 was $5,868,411.

Who are the executives of John G Kenedy Jr Ranch Surface and what are their salaries?

The average compensation at John G Kenedy Jr Ranch Surface during 2023 was $161,368. There is 1 employee at John G Kenedy Jr Ranch Surface.


Here are 2 key members and their salaries:


Frost Bank Co-Trustee (Sharon Shirley, Administrator)
  • Compensation: $166,313
  • Related: $0
  • Other: $0
Pablo E Suess (Co-Trustee)
  • Compensation: $21,231
  • Related: $0
  • Other: $0
Where can I find the form 990 for John G Kenedy Jr Ranch Surface?

John G Kenedy Jr Ranch Surface's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of John G Kenedy Jr Ranch Surface

John G. Kenedy Jr. Ranch Surface is a trust established with the mission of supporting the Missionary Society of Oblate Fathers of Texas, as outlined in the will of Elena S. Kennedy. The trust generates revenue from its surface interest, which is then utilized to benefit this religious organization. The Missionary Society of Oblate Fathers of Texas falls under the category of charitable organizations, specifically those that are religious, charitable, scientific, literary, or educational, as recognized by Section 501(C)(3) of the Internal Revenue Code. The trust's primary function is to contribute financially to this charitable organization, thereby furthering its religious and charitable objectives.

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Impact




October, 2024

The John G Kenedy Jr Ranch Surface plays a significant role in supporting charitable organizations, particularly benefiting the Missionary Society of Oblate Fathers of Texas. The trust was established to generate revenue from surface interests, which is directly allocated to promote various purposes, including religious, charitable, scientific, literary, and educational initiatives.

In essence, the ranch serves as a vital resource that allows for the funding of numerous programs and activities aligned with its mission. This funding not only uplifts the local community but also contributes to broader philanthropic efforts that enhance the lives of many individuals in need. Through its commitment to these causes, the ranch has a lasting impact on social welfare and the advancement of educational and religious missions in Texas and beyond.




This information is meant to be a general summary of John G Kenedy Jr Ranch Surface. 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
$5,868,411 (2023)
Expenses
$8,043,913 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $514,183
  • Gross Receipts: $9,913,325

Assets and Liabilities:

  • Total Assets: $44,931,463
  • Total Liabilities: $0
  • Net Assets: $44,931,463

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Organization Details

Founding Year

1986

Principal Officer

Sharon Shirley

Main Address

PO BOX 2950, SAN ANTONIO, TX, 78299

NTEE Category

Code: T90 - Philanthropy

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