Chelsea Improvement Trust

CHELSEA, OK EIN: 20-1611981

To provide funds for the furtherance and accomplishment of any authorized and proper public function or purpose of the Town of Chelsea, Oklahoma including, but not limited to, funding operating expenses and improving buildings, infrastructure, rolling stock, and facilities of Chelsea, Oklahoma

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

+4.9% YoY

Revenue

$57K

+14.7% YoY

Net Investment Income

$57K

+14.7% YoY

Expenses

$8K

+15.1% YoY

About Chelsea Improvement Trust

Based on IRS filings

Chelsea Improvement Trust is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CHELSEA, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. Net investment income was $57K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Chelsea

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$29K$59K$88K$117K20202021202220232024
Metric202420232022
Total Assets$1,851,287$1,764,195$1,672,248
Revenue$56,541$49,276$10,888
Expenses$8,011$6,963$6,683
Qualifying Distributions
Net Investment Income$56,541$49,276$10,888
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$15K$23K$30K1 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Jared GavitTrustee1
Larry CopelandTrustee1
Lisa WootenTrustee1
Terry HelmsTrustee1
Jarrod HolmanTrustee1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Chelsea Improvement Trust?

Chelsea Improvement Trust is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CHELSEA, OK. It holds $1.9M in total assets as of 2024.

How large is Chelsea Improvement Trust?

As of 2024, Chelsea Improvement Trust holds $1.9M in total assets with $57K in annual revenue.

Where does Chelsea Improvement Trust operate?

Chelsea Improvement Trust has awarded grants in Oklahoma.

What is Chelsea Improvement Trust's EIN?

Chelsea Improvement Trust's EIN (Employer Identification Number) is 20-1611981. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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