Albert M Steinert Trust Uw 2-2790 Nect
- Assets
- $263.8k
- Revenue
- $9.4k
- Investments
- $257.4k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 05-6004149
Organization Overview
Albert M Steinert Trust Uw 2-2790 Nect is located in Dallas, TX. The organization was established in 0000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2023, Albert M Steinert Trust Uw 2-2790 Nect generated $9.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $15.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 9 years. 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 | $7,069 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,500 |
| Capital Gain Net Income | $1,500 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $798 |
| Total Revenue | $9,367 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,309 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $217 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $202 |
| Total operating and administrative expenses | $6,139 |
| Contributions, gifts, grants paid | $9,720 |
| Total expenses and disbursements | $15,859 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,445 |
| 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 | $263,843 |
| 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, Albert M Steinert Trust Uw 2-2790 Nect has awarded $9,720 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
WELLESLEY COLLEGE PURPOSE: UNRESTRICTED GENERAL | $810 |
MIRIAM HOSPITAL PURPOSE: UNRESTRICTED GENERAL | $1,620 |
BROWN UNIVERSITY PURPOSE: UNRESTRICTED GENERAL | $810 |
WOMEN & INFANTS HOSPITAL PURPOSE: UNRESTRICTED GENERAL | $1,620 |
RI HOSPITAL FOUNDATION PURPOSE: UNRESTRICTED GENERAL | $1,620 |
ST JOSEPH HEALTH SERVICES OF RI PURPOSE: UNRESTRICTED GENERAL | $1,620 |