Robert L Keighin Unitrust 1045010039

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

EIN: 901116981 ✦ Champaign, IL ✦ Designated as a 501(c)(3)

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Overview

What is Robert L Keighin Unitrust 1045010039?

The Robert L Keighin Unitrust 1045010039 is a charitable trust, established with a specific focus on distributing income to three beneficiaries: two churches and a medical research organization. The trust operates in accordance with its mission, which involves making regular distributions of a unitrust amount to these entities. Over time, the trust's assets are expected to be distributed outright to the same three named charitable beneficiaries, continuing its support for these causes. The trust's activities are primarily centered around providing financial assistance to these organizations, contributing to their respective missions and ongoing operations.

Is Robert L Keighin Unitrust 1045010039 legitimate?

Robert L Keighin Unitrust 1045010039 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robert L Keighin Unitrust 1045010039 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: $1,503
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Robert L Keighin Unitrust 1045010039?

The Robert L Keighin Unitrust 1045010039 is a charitable trust that distributes a specified income, known as the unitrust amount, to three beneficiaries: two churches and a medical research organization. Upon completion of its purpose, the trust will disperse its assets outright to these same named charitable entities. The trust's primary activity involves making income distributions to these beneficiaries. However, it's important to note that this information does not provide a mission statement in the traditional sense, as it is focused more on the financial aspects of the trust rather than its objectives or goals.

Who is the CEO of Robert L Keighin Unitrust 1045010039?

Unavailable

What is the revenue of Robert L Keighin Unitrust 1045010039?

Robert L Keighin Unitrust 1045010039's revenue in 2022 was $2,471.

Who are the executives of Robert L Keighin Unitrust 1045010039 and what are their salaries?


There is 1 key member and their salary:


Busey Bank (Trustee)
  • Compensation: $1,503
  • Related: $0
  • Other: $0
Where can I find the form 990 for Robert L Keighin Unitrust 1045010039?

Robert L Keighin Unitrust 1045010039's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Robert L Keighin Unitrust 1045010039

The Robert L Keighin Unitrust 1045010039 is a charitable trust that carries out a particular mission. This trust generates income, referred to as the unitrust amount, which it then distributes to three named beneficiaries: two churches and a medical research organization. In the future, the trust is planned to disburse its assets outright to these same charitable entities. The trust's primary activity involves transferring a portion of its income to these organizations, thereby supporting their respective causes and missions.

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Impact




October, 2024

Robert L Keighin Unitrust 1045010039 significantly impacts its designated beneficiaries through its structured financial support. By providing a unitrust amount, it ensures a steady income stream to the United Methodist Church of Urbana and a medical research organization, enhancing their ability to carry out their missions and serve the community effectively.

This charitable trust not only contributes immediate financial resources but also promises future outright distributions, allowing these entities to plan for long-term projects and innovations. The contributions to the churches can support various religious and community programs, while the support for medical research may help advance critical studies and findings that benefit public health.

Overall, the trust's financial model strengthens the operational capabilities of both churches and the medical organization, fostering growth and enabling them to make a more profound impact on their communities in Champaign, IL, and beyond.




This information is meant to be a general summary of Robert L Keighin Unitrust 1045010039. 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
$2,471 (2022)
Expenses
$7,757 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,471
  • Gross Receipts: $6,736

Assets and Liabilities:

  • Total Assets: $81,180
  • Total Liabilities: $0
  • Net Assets: $81,180

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Organization Details

Founding Year

1992

Main Address

PO BOX 260, CHAMPAIGN, IL, 618240260

NTEE Category

Code: X00 - Religion related

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