Phase Ii Removal Site Evaluation Tr

Organization Overview

Phase Ii Removal Site Evaluation Tr, operating under the name Phase 2 Rse Trust, is located in Navajo, NM. According to its NTEE Classification (C19) the organization is classified as: Support N.E.C., under the broad grouping of Environment and related organizations. As of 12/2021, Phase 2 Rse Trust employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phase 2 Rse Trust 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 12/2021, Phase 2 Rse Trust generated $5.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (53.4%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PHASE 2 REMOVAL SITE EVALUATION TRUST IS TO CONDUCT INVESTIGATIONS AT 30 MINES, 13 OF THOSE MINES ARE LOCATED IN THE CAMERON AREA AND THE REMAINING MINES ARE TO BE IDENTIFIED IN THE FUTURE. A WATER STUDY AT THE CLAIM 28 MINE IN BLUE GAP WILL BE PERFORMED AND ANOTHER LOCATION TBD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

2020 WAS THE FOURTH YEAR OF OPERATION FOR THE TRUST OPERATIONS INCLUDED ESTABLISHING OFFICES AND PERSONEL. IN ADDITION, THE TRUST BEGAN REMOVAL SITE ASSESSMENTS AND ANALYSIS.


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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 $5,900
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,900

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