Charles Samuel Weems Trust
- Assets
- $10.2m
- Revenue
- $488.6k
- Investments
- $9.5m
- Employees
- 0
- Location
- Jackson, MS
- Founding
- Data as of
- 12/2023
- EIN
- 64-6020051
Organization Overview
Charles Samuel Weems Trust is located in Jackson, MS.
For the year ending 12/2023, Charles Samuel Weems Trust generated $488.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $544.2k during the year ending 12/2023. 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 | $447,783 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,661 |
| Capital Gain Net Income | $32,661 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,126 |
| Total Revenue | $488,570 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $119,895 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,980 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,590 |
| Total operating and administrative expenses | $134,965 |
| Contributions, gifts, grants paid | $409,235 |
| Total expenses and disbursements | $544,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $663,623 |
| 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 | $7,518,307 |
| Net Land, buildings, and equipment | $2,007 |
| Other assets | -$2,070 |
| Total assets | $10,205,681 |
| 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 |