Milt Sauermilch Trust Meridian Trust Co
- Assets
- $100.8k
- Revenue
- $12.8k
- Investments
- $91.1k
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 00/0000
- Data as of
- 10/2022
- EIN
- 23-6423822
Organization Overview
Milt Sauermilch Trust Meridian Trust Co is located in Las Vegas, NV. The organization was established in 0000. 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.
For the year ending 10/2022, Milt Sauermilch Trust Meridian Trust Co generated $12.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $18.1k during the year ending 10/2022. While expenses have increased by 13.3% per year over the past 6 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 | $7,412 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,784 |
| Capital Gain Net Income | $1,784 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,586 |
| Total Revenue | $12,782 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,327 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $245 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,480 |
| Contributions, gifts, grants paid | $4,598 |
| Total expenses and disbursements | $18,078 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,647 |
| 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 | $91,138 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $100,785 |
| 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, Milt Sauermilch Trust Meridian Trust Co has awarded $4,598 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Lititz, PA PURPOSE: GENERAL OPERATING | $1,098 |
SUNDAY BREAKFAST ASSOCIATION PURPOSE: GENERAL OPERATING | $350 |
Greenville, SC PURPOSE: GENERAL OPERATING | $350 |
Wheaton, IL PURPOSE: GENERAL OPERATING | $350 |
Philadelphia, PA PURPOSE: GENERAL OPERATING | $350 |
Charlotte, NC PURPOSE: GENERAL OPERATING | $350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stephen M Silberstein Foundation Belvedere, CA | $79,901,221 | $6,376,686 |
Wholesale Beer Distributors Industry Trust Pleasanton, CA | $3,898,810 | $9,106,079 |
Wattis Dumke Foundation Inc Ketchum, ID | $124,566 | $75,918 |
Tw Ld Mceachearn Las Vegas, NV | $148,667,574 | $29,051,713 |
Georgia A Lynch Trust Phoenix, AZ | $748,550 | $1,825,283 |
Rea Charitable Trust Las Vegas, NV | $108,024,869 | $14,015,969 |
Klm Foundation Los Angeles, CA | $0 | $8,859,147 |
Nobbs Family Foundation San Diego, CA | $61,708,862 | $4,055,115 |
P F Bresee Foundation Los Angeles, CA | $3,574,521 | $4,338,707 |
Carrico Family Foundation Medford, OR | $33,120,720 | $4,067,868 |
Hitz Foundation Palo Alto, CA | $70,645,117 | $12,925,863 |
Borina Foundation Burlingame, CA | $0 | $77,406 |