Columbus Smith Estate Trust Inc
- Assets
- $1.2m
- Revenue
- $882.1k
- Investments
- $597.5k
- Employees
- 0
- Location
- Salisbury, VT
- Founding
- 06/1940
- Data as of
- 12/2022
- EIN
- 03-0186171
Organization Overview
Columbus Smith Estate Trust Inc is located in Salisbury, VT. The organization was established in 1940. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbus Smith Estate Trust Inc 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 12/2022, Columbus Smith Estate Trust Inc generated $882.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 3.3% per year over the past 8 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING HOME FOR THE ELDERLY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harold Satch Nisun Director | 10 | $0 | |
Tim Hollander President | 10 | $0 | |
Fran Fraga Treasurer | 3 | $0 | |
Davis Brakeley Secretary | 1 | $0 | |
Neil Mackey Member | 1 | $0 | |
Geoff Conrad Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,687 |
| Interest on Savings | $1 |
| Dividends & Interest | $12,045 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $24,685 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $866,382 |
| Total Revenue | $882,115 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $84,374 |
| Other employee salaries and wages | $592,870 |
| Pension plans, employee benefits | $6,438 |
| Interest | $0 |
| Taxes | $69,749 |
| Depreciation | $0 |
| Occupancy | $38,828 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $293,176 |
| Total operating and administrative expenses | $1,087,322 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,087,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,916 |
| Savings and temporary cash investments | $8,366 |
| 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 | $528,963 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,150,746 |
| 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 | -$24 |
| Total liabilities | -$24 |