Public Charity

CHELSEA IMPROVEMENT TRUST

CHELSEA IMPROVEMENT TRUST, of Chelsea, OK, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $28K in revenue, $9K in expenses, $1.9M in total assets. IRS filings disclose 1 grants awarded by this foundation, totaling roughly $30K.

EIN: 201611981 Chelsea, OK Named Trusts N.E.C. NTEE: T90 Latest filing: 2025
Total Revenue$28K
Total Expenses$9K
Total Assets$1.9M
Grants Given1
Grant Total$30K
Filing Years2021–2025

Mission

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, nfrastructure, rolling stock, and facilities of Chelsea, Oklahoma

Where $100 goes at Chelsea Improvement Trust

How Chelsea Improvement Trust divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$90 Programs the work itself
$10 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $90 for programs

$90
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…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

Town of Chelsea Oklahoma
Chelsea, OK · 2020
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
$30,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

Trustee Jared Gavit
Trustee Jarrod Holman
Trustee Larry Copeland
Trustee Lisa Wooten
Trustee Robert Crum
Trustee Terry Helms

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$30,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $28K $9K $1.9M
2024 $57K $8K $1.9M
2023 $49K $7K $1.8M
2022 $11K $7K $1.7M
2021 $107K $6K $1.8M

Between 2021 and 2025, reported annual revenue declined from $107K to $28K (-73%), with total assets most recently reported at $1.9M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in OK.

OK

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for CHELSEA IMPROVEMENT TRUST

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