Elmer M Jones Trust
- Assets
- $701.6k
- Revenue
- $57.0k
- Investments
- $694.4k
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 38-6041578
Organization Overview
Elmer M Jones Trust is located in Detroit, MI. The organization was established in 0000. According to its NTEE Classification (U33) the organization is classified as: Chemistry & Chemical Engineering, under the broad grouping of Science & Technology and related organizations.
For the year ending 12/2021, Elmer M Jones Trust generated $57.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $58.1k during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Elmer M Jones Trust has awarded 14 individual grants totaling $244,065. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $14,350 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $41,670 |
| Capital Gain Net Income | $41,670 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $940 |
| Total Revenue | $56,960 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,317 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $186 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,503 |
| Contributions, gifts, grants paid | $41,598 |
| Total expenses and disbursements | $58,101 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,178 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $701,566 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Elmer M Jones Trust has awarded $41,598 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Granville, OH PURPOSE: CONSTRUCTIVE RESEARCH IN | $24,959 |
Adrian, MI PURPOSE: CONSTRUCTIVE RESEARCH IN | $16,639 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ohio Chemistry Technology Council Columbus, OH | $908,014 | $375,210 |
American Chemical Society Cincinnati, OH | $140,062 | $435,686 |
American Chemical Society New Albany, OH | $2,459,880 | $466,183 |
American Chemical Society East Lansing, MI | $3,638,591 | $695,634 |
Plastics Pioneers Association Saugatuck, MI | $1,679,875 | $163,137 |
Chemical Engineering Division Of Asee Akron, OH | $91,223 | $91,541 |
Elmer M Jones Trust Detroit, MI | $701,566 | $56,960 |
American Chemical Society Indianapolis, IN | $130,493 | $0 |
Polymer Processing Society Madison, WI | $363,192 | $0 |
American Chemical Society Lebanon, OH | $531,833 | $55,758 |
Friends Of The Royal Society Of Chemistry Inc Milwaukee, WI | $40,963 | $6 |