NonprofitsSusie & Juanita Streid Estate Trust

Susie & Juanita Streid Estate Trust

NORMAL, IL

Total revenue

$155K

Total expenses

$125K

Net assets

$1.1M

Grants received

EIN

376261410

Tax year

2024

Mission

This trust owns 3 farms that were left in the trust, the profit from these farms provide income to a not for profit retirement home, a church, and to provide scholarships. The trustee oversees the management of these farms to maximize income for the benefit of the benficiaries.

Programs

1 program

Under par. 7th(a) of the last will of juanita r streid & par. 4th (d) of the last will of susie streid, the net income from 207 acres of farmland was to be paid to meadows mennonite church, now meadows mennonite retirement community. Since the closure of meadows mennonite retirement community, the net income will now be paid to the village at mercy creek.

Expenses: $67KGrants: $67K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$15K
Other revenue$140K
Total revenue$155K

Expenses

Grants paid$112K
Salaries & benefits$3K
Fundraising
Other expenses$10K
Total expenses$125K
Total assets$1.2M
Net assets$1.1M

People

1 listed

NameRoleCompensation

HEARTLAND BANK & TRUST CO

TRUSTEE

Board

0.5 hrs/wk

Details

EIN376261410
Subsection03
Ruling date1991-09
Formed1980
Employees0
Volunteers0
SUSIE & JUANITA STREID ESTATE TRUST — Mission, Financials & Grants Received | Grantivo