GERALD K MEIER CHARITABLE TRUST %UNION SAVINGS BANK

EIN: 357343724 501(c)(3)

FREEPORT, IL

Total Revenue
$165,886
Total Expenses
$374,211
Total Assets
$5,873,141
Net Assets
$5,873,141
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
IL
Phone
8152350800
Tax Period
2024-01-01 to 2024-12-31

GERALD K MEIER CHARITABLE TRUST %UNION SAVINGS BANK, founded in 2022, is a small nonprofit that reported $166K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $374K exceeded revenue, resulting in a 126% operating deficit.

Mission

AS SPECIFIED IN THE CHARITABLE TRUST DOCUMENT, THE ORGANIZATION SUPPORTS SEVEN NAMED 501(C)(3) ORGANIZATIONS BY MAKING ANNUAL DISTRIBUTIONS FROM THE RESTRICTED ENDOWMENT FUND PROVIDED BY THE GRANTOR.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $16
Program Service Revenue $0
Investment Income $165,870
Other Revenue $0
TOTAL REVENUE $165,886

Expense Breakdown

Grants Paid $273,983
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $329,366
Other Expenses $100,228
TOTAL EXPENSES $374,211

Year-over-Year Comparison

2024 2023 Change
Revenue $165,886 $151,762 +0.1%
Expenses $374,211 $306,653 +0.2%
Net Income $-208,325 $-154,891 +0.3%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
1
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A AVP & TO 2.00
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $165,886 $374,211 $5,873,141 $-208,325
2023 $151,762 $306,653 $5,456,205 $-154,891
2022 $5,377,462 $17,528 $5,135,212 $5,359,934
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare GERALD K MEIER CHARITABLE TRUST %UNION SAVINGS BANK with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.