Dennis P Norby Revocable Trust

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

EIN: 856613470 ✦ Inver grove heights, MN ✦ Designated as a 501(c)(3)

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Overview

What is Dennis P Norby Revocable Trust?

The Dennis P Norby Revocable Trust is a philanthropic entity with a mission to distribute its assets to charitable beneficiaries. Located at 11681 Aileron Drive, Inver Grove Heights, Minnesota, this trust's primary objective is to eventually terminate its existence after distributing its resources to worthy charitable causes. The trust's role involves managing and dispensing its assets to these designated beneficiaries, ultimately ceasing its operations once the distribution process is complete.

Is Dennis P Norby Revocable Trust legitimate?

Dennis P Norby Revocable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dennis P Norby Revocable 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Dennis P Norby Revocable Trust?

The Dennis P Norby Revocable Trust's primary objective is to distribute its assets to charitable beneficiaries. Upon exhausting these assets, the trust's existence comes to an end. The trust is designed with the intention of making philanthropic contributions, ultimately ceasing its operations once its allocated resources have been distributed.

Who is the CEO of Dennis P Norby Revocable Trust?

Ronald B Sieloff is the Trustee of Dennis P Norby Revocable Trust.

What is the revenue of Dennis P Norby Revocable Trust?

Dennis P Norby Revocable Trust's revenue in 2022 was $596,937.

Who are the executives of Dennis P Norby Revocable Trust and what are their salaries?


There is 1 key member and their salary:


Ronald B Sieloff (Trustee)
  • Compensation: $20,940
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dennis P Norby Revocable Trust?

Dennis P Norby Revocable Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Dennis P Norby Revocable Trust

The Dennis P Norby Revocable Trust is a philanthropic entity with a clear mission. Its primary objective is to distribute its assets to charitable beneficiaries, ultimately leading to the termination of the trust itself. This mission is centered around the idea of contributing to charitable causes, demonstrating a commitment to philanthropy and social impact. The Trust serves as a means to channel financial resources towards charitable organizations, aiming to make a positive impact in various communities and sectors.

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Impact




October, 2024

The Dennis P Norby Revocable Trust plays a significant role in philanthropy by focusing on the distribution of its assets to charitable beneficiaries. By doing so, the Trust not only fulfills its mission of supporting various charitable causes but also ensures that its assets have a meaningful impact on the communities and organizations it supports. Operating from Inver Grove Heights, MN, the Trust is committed to the responsible allocation of resources, thereby fostering goodwill and promoting positive change in society. As it prepares to terminate, the distribution of its remaining assets will ultimately benefit numerous charitable initiatives, amplifying its legacy of philanthropy.




This information is meant to be a general summary of Dennis P Norby Revocable 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.

Revenue
$596,937 (2022)
Expenses
$438,348 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $323
  • Gross Receipts: $596,937

Assets and Liabilities:

  • Total Assets: $253,854
  • Total Liabilities: $0
  • Net Assets: $253,854

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Organization Details

Founding Year

2020

Principal Officer

Ronald B Sieloff

Main Address

11681 Aileron Drive, Inver Grove Heights, MN, 55077

NTEE Category

Code: T00 - Philanthropy

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