Kings Daughters Home Trust

Organization Overview

Kings Daughters Home Trust is located in Burlington, IA. The organization was established in 1959. 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. Kings Daughters Home Trust is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.

For the year ending 03/2022, Kings Daughters Home Trust generated $369.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $428.7k during the year ending 03/2022. While expenses have increased by 2.5% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT THE OPERATIONS AND FUNDING OF A LONG TERM ELDERLY CARE CENTER, KINGS DAUGHTER'S HOME FOR OLD PEOPLE (A 501(C)(3) ORGANIZATION)

Describe the Organization's Program Activity:

Part 3 - Line 4a

ANNUAL DISTRIBUTION OF INVESTED FUNDS REQUESTED BY, OR ON BEHALF OF, THE KINGS DAUGHTERS HOME FOR OLD PEOPLE FOR WHICH WE SERVE AS A TITLE HOLDING COMPANY. THIS INCLUDES TRUST ADMINISTRATION AND ACCOUNTING FEES.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$42,240
Marti Huskey
President
$0
Kay Jacobs
Recording Se
$0
Jane Richter
Vice Preside
$0
Karen Schisel
Correspondin
$0
Mary Disselhorst
Director
$0

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$95
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$95
Total Program Service Revenue$0
Investment income $218,425
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $151,153
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $369,673

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