Overview
What is Steele Cemetery Trust?
The Steele Cemetery Trust is an irrevocable trust established with the primary objective of managing funds and distributing the income generated to a recognized cemetery, meeting the criteria of 501(c)(13). This trust is based in Dewey, OK, and its primary activity involves investing funds to generate income for the beneficiary cemetery. The Steele Cemetery Trust operates in conjunction with the Steele Cemetery Association, Inc., which further highlights its commitment to cemetery-related services.
Is Steele Cemetery Trust legitimate?
Steele Cemetery Trust is a legitimate nonprofit organization registered as a 501(c)(13) entity. Steele Cemetery Trust 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: $5,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Steele Cemetery Trust?
The Steele Cemetery Trust serves as an irrevocable entity, dedicated solely to investing funds and distributing the generated income to a beneficiary, which is a 501(c)(13) cemetery. Its primary objective is to support this specific cemetery, ensuring its continuity and upkeep. The trust does not have a traditional mission statement in the sense of promoting societal change or advocacy, but rather, its purpose is to financially sustain the cemetery. It achieves this by managing its investments, generating income, and subsequently distributing it to the beneficiary cemetery. The Steele Cemetery Trust does not engage in any additional activities beyond this core function.
Who is the CEO of Steele Cemetery Trust?
Arvest Bank is the Trustee of Steele Cemetery Trust.
What is the revenue of Steele Cemetery Trust?
Steele Cemetery Trust's revenue in 2022 was $6,384.
Who are the executives of Steele Cemetery Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $4,000
- Related: $0
- Other: $0
Where can I find the form 990 for Steele Cemetery Trust?
Steele Cemetery Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Steele Cemetery Trust
The Steele Cemetery Trust is an irrevocable trust that has a singular purpose: to invest funds and distribute the income generated from these investments to a 501(c)(13) cemetery, serving as its beneficiary. This organization's mission is focused on financial management and support, ensuring the continued operation and maintenance of the designated cemetery. The Steele Cemetery Trust's activities are primarily centered around this financial aspect, ensuring the financial stability of the beneficiary cemetery.
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Impact
October, 2024
Steele Cemetery Trust plays a vital role in ensuring the financial stability and ongoing maintenance of a 501(c)(13) cemetery. By strategically investing funds, it generates income that directly supports the cemetery's operations and preservation efforts. This dedicated financial approach not only secures the cemetery's future but also enhances its ability to serve the community and honor the memory of those interred there. The trust's commitment to its mission fosters a sense of mutual benefit, providing essential resources that contribute to the cemetery's upkeep and the services it offers families and visitors. Located in Dewey, OK, the Steele Cemetery Trust exemplifies how targeted financial management can have a meaningful impact on local heritage and communal spaces.
This information is meant to be a general summary of Steele Cemetery 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,384
- Gross Receipts: $30,048
Assets and Liabilities:
- Total Assets: $266,809
- Total Liabilities: $0
- Net Assets: $266,809
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Organization Details
Founding Year
2019
Phone
(479) 756-7006Principal Officer
Arvest Bank
Main Address
800 N OSAGE AVE, DEWEY, OK, 74029
NTEE Category
Code: Y50 - Mutual benefit
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