John Bremer & Ed Bremer Consolidated Trust

Organization Overview

John Bremer & Ed Bremer Consolidated Trust is located in Bremerton, WA. The organization was established in 1980. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John Bremer & Ed Bremer Consolidated Trust 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 12/2023, John Bremer & Ed Bremer Consolidated Trust generated $1.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE TRUST WAS ESTABLISHED TO OPERATE TO BENEFIT OLYMPIC COLLEGE EXCLUSIVELY IN ITS TAX EXEMPT ACTIVITIES AND TO PROVIDE FUNDS FOR USE BY THE OLYMPIC COLLEGE BOARD OF TRUSTEES CONSISTENT WITH THE RESTATEMENT OF THE TRUST.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO FUND ACTIVITIES AND FUTURE PROJECTS AS DETERMINED BY THE OLYMPIC COLLEGE BOARD OF TRUSTEES CONSISTENT WITH THE PROVISIONS OF THE RESTATEMENT OF TRUST.


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Board, Officers & Key Employees

Name (title)Compensation
Barbara Stephenson
Trustee
$4,250
Joan Hanten
Managing Trustee - New
$3,000
Kyle Kincaid
Trustee
$250
John Mitchell
Managing Trustee - Old
$24,250

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $636,436
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$9,856
Net Gain/Loss on Asset Sales $492,204
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,144,342

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