Charles D Nelson Tr

Organization Overview

Charles D Nelson Tr is located in Ellsworth, ME. The organization was established in 2005. According to its NTEE Classification (W11) the organization is classified as: Single Organization Support, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charles D Nelson Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Charles D Nelson Tr generated $278.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $218.1k during the year ending 06/2022. While expenses have increased by 5.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE TRUST'S MISSION IS TO BENEFIT THE INHABITANTS OF THE TOWN OF JONESBORO BY REDUCING THEIR TAX BURDEN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SOLELY FOR THE PURPOSE OF BENEFITING THE INHABITANTS OF THE TOWN OF JONESBORO BY REDUCING THE TAX BURDEN OF THE TOWNSPEOPLE THROUGH DIRECT DISTRIBUTIONS TO THE TOWN OF JONESBORO.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $123,622
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $142,974
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $278,478

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