Overview
What is Perpetual Care Cemetery Trust Agreement Of Forest Cemetery Assoc?
The Perpetual Care Cemetery Trust Agreement of Forest Cemetery Association is a nonprofit entity, specifically a 501C13 organization, based in Iowa City, Iowa. Its primary purpose is to ensure the perpetual care of the public cemetery located in Oskalosa, Iowa, through a 4% payout from a trust fund. This nonprofit's mission is to safeguard the principal of the care fund, which is intended to serve as a perpetual source of funding for the maintenance and upkeep of the Forest Cemetery in Oskalosa, Iowa, as specified under the Iowa Code Chapter 523I.
Is Perpetual Care Cemetery Trust Agreement Of Forest Cemetery Assoc legitimate?
Perpetual Care Cemetery Trust Agreement Of Forest Cemetery Assoc is a legitimate nonprofit organization registered as a 501(c)(13) entity. Perpetual Care Cemetery Trust Agreement Of Forest Cemetery Assoc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Perpetual Care Cemetery Trust Agreement Of Forest Cemetery Assoc?
The Perpetual Care Cemetery Trust Agreement of Forest Cemetery Assoc has a mission to safeguard a perpetual care fund, intended to serve as a continuous source of funding for the maintenance of a cemetery. This fund, as specified under Iowa Code Chapter 523I, is intended to ensure the ongoing care of the cemetery. The agreement provides a 4% payout to the Forest Cemetery Association, a non-profit organization, to facilitate this perpetual care. The objective is to maintain the cemetery in a well-maintained condition, ensuring it remains a viable option for future burials.
Who is the CEO of Perpetual Care Cemetery Trust Agreement Of Forest Cemetery Assoc?
Midwestone Banksandra Morrow Vp is the Co-Trustee of Perpetual Care Cemetery Trust Agreement Of Forest Cemetery Assoc.
What is the revenue of Perpetual Care Cemetery Trust Agreement Of Forest Cemetery Assoc?
Perpetual Care Cemetery Trust Agreement Of Forest Cemetery Assoc's revenue in 2022 was $26,462.
Who are the executives of Perpetual Care Cemetery Trust Agreement Of Forest Cemetery Assoc and what are their salaries?
There 1 volunteer at Perpetual Care Cemetery Trust Agreement Of Forest Cemetery Assoc.
Here are 2 key members and their salaries:
- Compensation: $5,571
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Perpetual Care Cemetery Trust Agreement Of Forest Cemetery Assoc?
Perpetual Care Cemetery Trust Agreement Of Forest Cemetery Assoc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Perpetual Care Cemetery Trust Agreement Of Forest Cemetery Assoc
The Perpetual Care Cemetery Trust Agreement of Forest Cemetery Association is committed to safeguarding a perpetual care fund. This fund is intended to serve as a lasting source of financial support for the maintenance and upkeep of a public cemetery, specifically located in Oskaloosa, Iowa. As per the Iowa Code Chapter 523I, this trust agreement ensures the availability of the principal amount for the continuous care of the cemetery. The association provides a 4% payout to the Forest Cemetery Association, a 501(c)(13) organization, which in turn utilizes these funds for the perpetual care of the cemetery. The primary objective of this trust agreement is to ensure the long-term preservation and upkeep of the cemetery, ensuring that it remains a dignified and well-maintained resting place for the community.
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Impact
October, 2024
The Perpetual Care Cemetery Trust Agreement of Forest Cemetery Association plays a crucial role in ensuring the long-term maintenance and preservation of Forest Cemetery in Oskaloosa, Iowa. By safeguarding the principal of the care fund, this agreement secures a continuous funding source dedicated to the cemetery's upkeep, thereby enhancing its viability as a resting place for the community.
With the provision of a Uni-Trust payout of 4%, the agreement allows for consistent financial support to the Forest Cemetery Association. This support is vital for performing essential maintenance activities, ensuring that the cemetery is preserved in a respectful and dignified manner. As a result, this initiative contributes to the overall aesthetics and accessibility of the cemetery, benefiting families and visitors who honor their loved ones.
Furthermore, adherence to Iowa Code Chapter 523I affirms the commitment to transparency and regulation in managing cemetery care funds, fostering trust within the community. This structured approach not only promotes responsible stewardship of the funds but also ensures that the interests of the community are prioritized for generations to come. Ultimately, the agreement reinforces the importance of perpetual care, providing peace of mind to families knowing that the cemetery will be well maintained.
This information is meant to be a general summary of Perpetual Care Cemetery Trust Agreement Of Forest Cemetery Assoc. 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: $11,355
- Gross Receipts: $241,454
Assets and Liabilities:
- Total Assets: $670,151
- Total Liabilities: $0
- Net Assets: $670,151
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Organization Details
Founding Year
2019
Phone
(319) 248-5146Principal Officer
Midwestone Banksandra Morrow Vp
Main Address
PO BOX 1700, IOWA CITY, IA, 522441700
NTEE Category
Code: Y50 - Mutual benefit
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