Overview
What is Dechomai Asset Trust?
Dechomai Asset Trust is a Jacksonville, Florida-based supporting organization that plays a crucial role in managing and liquidating noncash contributions for Dechomai Foundation Inc. This trust is specifically designed to benefit Dechomai Foundation and further its charitable purposes by receiving, managing, and disposing of donated assets. Dechomai Asset Trust acts as an intermediary to facilitate the distribution of these funds to the foundation, ensuring their effective allocation.
Official website here: www.dechomai.org
Is Dechomai Asset Trust legitimate?
Dechomai Asset Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dechomai Asset Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.dechomai.org
What is the mission statement of Dechomai Asset Trust?
Dechomai Asset Trust functions as a Type I supporting organization, managing and liquidating non-cash contributions for the benefit of Dechomai Foundation Inc. and its charitable purposes. In simpler terms, the trust receives, manages, and disburses non-monetary donations to support the charitable initiatives of Dechomai Foundation Inc. The trust plays a crucial role in facilitating the conversion of various types of assets into financial resources for the foundation's cause.
Official website here: www.dechomai.org
Who is the CEO of Dechomai Asset Trust?
Bryan Clontz is the Board President of Dechomai Asset Trust.
Official website here: www.dechomai.org
What is the revenue of Dechomai Asset Trust?
Who are the executives of Dechomai Asset Trust and what are their salaries?
- Greg Dyer (Board President) [Trustee/Director]
- Steve Vansandt (Trustee)
- Joseph Tombs (Trustee)
- Ryan Rafflin (Trustee Nonvoting)
- Gary Snerson (Trustee Nonvoting)
- Bryan Clontz (Board Secretary Nonvoting)
- Shannon Cofield (Trustee)
- Anne Josey (Trustee)
Official website here: www.dechomai.org
Where can I find the form 990 for Dechomai Asset Trust?
The Dechomai Asset Trust’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.dechomai.org
Learn more at the official website: www.dechomai.org
Mission Statement of Dechomai Asset Trust
Dechomai Asset Trust serves as a crucial facilitator in the nonprofit sector. As a Type I supporting organization, it plays a significant role in managing and liquidating noncash contributions directed towards Donor Advised Funds that ultimately benefit Dechomai Foundation Inc.
The Dechomai Asset Trust acts as an intermediary, ensuring the smooth transition of noncash donations to the charitable causes under the purview of Dechomai Foundation Inc. By receiving, managing, and liquidating these contributions, the Trust enables donors to make a lasting impact on the charitable sector while maintaining flexibility in their giving. Moreover, the Trust's work directly contributes to the realization of Dechomai Foundation Inc's charitable purposes.
In essence, Dechomai Asset Trust functions as a bridge between generous donors and the causes they wish to support through their noncash contributions. By managing these contributions effectively, the Trust allows donors to make a significant difference in the lives of those in need, ultimately contributing to the broader mission of Dechomai Foundation Inc.
Impact
This information is meant to be a general summary of Dechomai Asset Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Dechomai Asset Trust's impact lies in the efficient receipt and management of noncash contributions for the Dechomai Foundation Inc. This activity supports the charitable purposes of the foundation, ultimately benefiting the causes it serves. By effectively handling noncash contributions and liquidating them for the donor-advised funds, Dechomai Asset Trust plays a crucial role in facilitating philanthropy and furthering the mission of the Dechomai Foundation Inc.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2007
Phone
(404) 375-5496
Principal Officer
Bryan Clontz
Main Address
3713 PINE STREET, JACKSONVILLE, FL, 32205
Website
www.dechomai.org
NTEE Category
Code: T30 - Philanthropy
If you are a representative of Dechomai Asset Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.