Hilda Mewborne Memorial Trust 1
- Assets
- $9.3m
- Revenue
- $1.4m
- Investments
- $8.7m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2017
- EIN
- 72-6152325
Organization Overview
Hilda Mewborne Memorial Trust 1 is located in Chicago, IL. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hilda Mewborne Memorial Trust 1 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 12/2017, Hilda Mewborne Memorial Trust 1 generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 18.4% each year . All expenses for the organization totaled $572.8k during the year ending 12/2017. While expenses have increased by 11.2% per year over the past 2 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $251,478 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,020,455 |
| Capital Gain Net Income | $1,020,455 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $80,775 |
| Total Revenue | $1,352,708 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,045 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $66,580 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,392 |
| Total operating and administrative expenses | $114,017 |
| Contributions, gifts, grants paid | $458,780 |
| Total expenses and disbursements | $572,797 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,559 |
| Savings and temporary cash investments | $518,125 |
| 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 | $504,485 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $65,940 |
| Total assets | $9,348,997 |
| 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 |
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City On A Hill Inc Milwaukee, WI | $1,825,972 | $1,822,673 |
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