L Carl Goad Charitable Trust 1045000610

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

EIN: 826986465 ✦ Champaign, IL ✦ Designated as a 501(c)(3)

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Overview

What is L Carl Goad Charitable Trust 1045000610?

The L Carl Goad Charitable Trust 1045000610 is a nonprofit organization that focuses on contributing funds to the village of Homer, Illinois, specifically for public improvement projects. Its primary objective is to serve the community by providing financial resources for projects that enhance public facilities and infrastructure within the village. The trust's mission is deeply rooted in the betterment of Homer, Illinois, aiming to improve the overall living conditions and well-being of the community.

Is L Carl Goad Charitable Trust 1045000610 legitimate?

L Carl Goad Charitable Trust 1045000610 is a legitimate nonprofit organization registered as a 501(c)(3) entity. L Carl Goad Charitable Trust 1045000610 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: $43,575
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of L Carl Goad Charitable Trust 1045000610?

The L Carl Goad Charitable Trust 1045000610 is dedicated to providing funds for public improvement purposes. Its primary mission is to contribute to projects that enhance the community, without specifying a particular location in the information provided. The trust aims to support initiatives that contribute to the overall betterment of the public space. The trust distributes these funds to the designated recipient, in this case, the village of Homer, Illinois, to facilitate these public improvement projects.

Who is the CEO of L Carl Goad Charitable Trust 1045000610?

Laura Harris is the Principal Officer of L Carl Goad Charitable Trust 1045000610.

What is the revenue of L Carl Goad Charitable Trust 1045000610?

L Carl Goad Charitable Trust 1045000610's revenue in 2022 was $72,568.

Who are the executives of L Carl Goad Charitable Trust 1045000610 and what are their salaries?


There is 1 key member and their salary:


Busey Bank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for L Carl Goad Charitable Trust 1045000610?

L Carl Goad Charitable Trust 1045000610's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of L Carl Goad Charitable Trust 1045000610

L Carl Goad Charitable Trust 1045000610 is a philanthropic organization with a specific mission. This mission, in simple terms, is to contribute funds for public improvement purposes within the community. In a more detailed context, the trust distributes its resources to facilitate projects that enhance the overall quality of life for the residents of a certain village, namely Homer, Illinois. The trust's role is pivotal in supporting initiatives that aim to improve public facilities and infrastructure, ultimately contributing to the betterment of the community as a whole.

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Impact




October, 2024

L Carl Goad Charitable Trust 1045000610 significantly contributes to the enhancement of the Village of Homer, Illinois, by allocating funds specifically for public improvement purposes. This financial support enables the local government to undertake various community projects that might include infrastructure upgrades, park development, and enhancements to public facilities. By investing in the community’s physical and social environment, the trust not only improves the quality of life for residents but also fosters a sense of pride and belonging among them. The ongoing financial assistance plays a crucial role in the village's development, helping to create a more vibrant and sustainable community.




This information is meant to be a general summary of L Carl Goad Charitable Trust 1045000610. 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
$72,568 (2022)
Expenses
$166,717 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $72,568
  • Gross Receipts: $763,196

Assets and Liabilities:

  • Total Assets: $3,306,026
  • Total Liabilities: $0
  • Net Assets: $3,306,026

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Organization Details

Founding Year

2018

Principal Officer

Laura Harris

Main Address

PO BOX 260, CHAMPAIGN, IL, 618240260

NTEE Category

Code: T00 - Philanthropy

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