Civic Intelligence

Aurene Norton Charitable Tr

EIN 37-6124411 • 4947(a)1 • Champaign, IL

Profile

As directed by the trust document, funds are distributed to the university of illinois to fund visiting lecturers in the field of agricultural marketing and the support of an endowment of a chair in the same field.

PO Box 260Champaign, IL 61824-0260

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

4947(a)1 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$1M-$5M nonprofits • Source year 2024

Net Margin

40th percentile

-3.2%

Higher net margin than 40% of similar nonprofits.

4947(a)1 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

87th percentile

$41,226

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 24.4% of source-year revenue.

4947(a)1 • $1M-$5M nonprofits • Source year 2024

Asset Growth

36th percentile

-0.3%

Faster asset growth than 36% of similar nonprofits.

4947(a)1 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

91st percentile

152%

Faster revenue growth than 91% of similar nonprofits.

$1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,931,274

Down $5,451 (-0.3%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$1,931,274

Down $5,451 (-0.3%) from 2023

Revenue

Up

$169,237

Up $102,091 (+152%) from 2023

Expenses

Down

$174,636

Down $63,676 (-27%) from 2023

Net Income

Up

-$5,399

Up $165,767 (+97%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2019: $2,310,097Liabilities 2019: $0Net Assets 2019: $2,310,0972019Assets 2020: $2,224,081Liabilities 2020: $0Net Assets 2020: $2,224,0812020Assets 2021: $2,219,319Liabilities 2021: $0Net Assets 2021: $2,219,3192021Assets 2022: $2,107,599Liabilities 2022: $0Net Assets 2022: $2,107,5992022Assets 2023: $1,936,725Liabilities 2023: $0Net Assets 2023: $1,936,7252023Assets 2024: $1,931,274Liabilities 2024: $0Net Assets 2024: $1,931,2742024

Highlighted filing

2024

Assets$1,931,274
Liabilities$0
Net Assets$1,931,274

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2019: $88,507Expenses 2019: $149,181Net Income 2019: -$60,6742019Revenue 2020: $62,572Expenses 2020: $149,341Net Income 2020: -$86,7692020Revenue 2021: $151,724Expenses 2021: $155,170Net Income 2021: -$3,4462021Revenue 2022: $62,323Expenses 2022: $174,884Net Income 2022: -$112,5612022Revenue 2023: $67,146Expenses 2023: $238,312Net Income 2023: -$171,1662023Revenue 2024: $169,237Expenses 2024: $174,636Net Income 2024: -$5,3992024

Highlighted filing

2024

Revenue$169,237
Expenses$174,636
Net Income-$5,399

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 24, 2025
Return Version
2024v5.1
Gross Receipts
$330,664
Mission and Program Overview

Mission

As directed by the trust document, funds are distributed to the university of illinois to fund visiting lecturers in the field of agricultural marketing and the support of an endowment of a chair in the same field.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,936,725$1,931,274▼ $5,451
Investments in Publicly Traded Securities$1,951,198$1,892,468▼ $58,730
Savings and Temporary Cash Investments$-14,473$38,806▲ $53,279
Total Assets$1,936,725$1,931,274▼ $5,451
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,936,725$1,931,274▼ $5,451
Total Liabilities and Net Assets / Fund Balance$1,936,725$1,931,274▼ $5,451
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Trustee$41,226$41,226
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$169,213
Other Revenue
$24
Change in Net Assets
$-5,399
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$130,195
Salaries, Compensation, and Employee Benefits$41,226
Other Expenses$3,215
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$130,195--$130,195
Current Officers, Directors, Trustees, and Key Employees-$41,226-$41,226
All Other Expenses-$2,365-$2,365
Fees for Services Accounting-$850-$850
Total Functional Expenses$130,195$44,441$0$174,636
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11-description of Process for Review

The governing body, busey bank as trustee, is responsiblefor the preparation of the form 990. This form is prepared byemployees of busey bank and is reviewed by another member of the company prior to filing the return.

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12C

The organization is a charitable trust under section 4947(a)(1). Its trustee, busey trust company, as a separate organization does have a written whistleblower policy and a written document retention and destruction policy.busey trust company regularly and consistently monitors and enforces compliance with these policies through employee education and representation. Associates are required to provide informaiton in connection with regulatory exams regarding any potential conflicts of interest, including other business activities or provision of services to the trust company individually or in its fiduciary capacity.

FORM 990, PAGE 6, PART VI, LINE 15A

The aurene norton trust does not have compensated officers. The compensation for the trustee is set based upon a standard feeschedule used in assessing fees to all exempt organization clients,reported to the charitable beneficiary, approved by its board ofdirectors and comparable to industry fee schedules in the area.

FORM 990, PAGE 6, PART VI, LINE 15B

The aurene norton trust does not have compensated officers. The compensation for the trustee is set based upon a standard feeschedule used in assessing fees to all exempt organization clients,reported to the charitable beneficiary, approved by its board ofdirectors and comparable to industry fee schedules in the area.

Form 990, Page 6, Part VI, Line 19

Trust documents and financial records are maintained at the offices of the corporate trustee, Busey Trust Company, 201 W. Main St., Urbana, IL 61801 and can be viewed during normal business hours. The corporate trustee maintains conflict of interest policies that apply to the administration of this trust. All documents are provided directly to the charitable beneficiary.

Filing and Contact Details

Filer

Filer Name
Aurene Norton Trust
EIN
37-6124411
Phone
2173654800
Address
PO BOX 260, CHAMPAIGN, IL 61824-0260

Signing Officer

Name
Busey Bank
Title
Trustee
Phone
2173654800
Signed
2025-06-24

Organization Details

Principal Officer
Melissa Hendricks
Formed
1972
Legal Domicile
Il
Voting Board Members
0
Independent Board Members
0
Employees
0
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

TRANSACTIONS POSTED CURRENT YEAR FOR PRIOR YEAR; ($112.48) TRANSACTIONS TAXABLE CURRENT YEAR POSTED FOLLOWING YEAR; $65.89 SECURITY ADJUSTMENT; DUE TO ROUNDING $(3). De minimis $(2.33)

Raw XML Appendix325 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BODY, BUSEY BANK AS TRUSTEE, IS RESPONSIBLEFOR THE PREPARATION OF THE FORM 990. THIS FORM IS PREPARED BYEMPLOYEES OF BUSEY BANK AND IS REVIEWED BY ANOTHER MEMBER OF THE COMPANY PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A CHARITABLE TRUST UNDER SECTION 4947(A)(1). ITS TRUSTEE, BUSEY TRUST COMPANY, AS A SEPARATE ORGANIZATION DOES HAVE A WRITTEN WHISTLEBLOWER POLICY AND A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY.BUSEY TRUST COMPANY REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THESE POLICIES THROUGH EMPLOYEE EDUCATION AND REPRESENTATION. ASSOCIATES ARE REQUIRED TO PROVIDE INFORMAITON IN CONNECTION WITH REGULATORY EXAMS REGARDING ANY POTENTIAL CONFLICTS OF INTEREST, INCLUDING OTHER BUSINESS ACTIVITIES OR PROVISION OF SERVICES TO THE TRUST COMPANY INDIVIDUALLY OR IN ITS FIDUCIARY CAPACITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE AURENE NORTON TRUST DOES NOT HAVE COMPENSATED OFFICERS. THE COMPENSATION FOR THE TRUSTEE IS SET BASED UPON A STANDARD FEESCHEDULE USED IN ASSESSING FEES TO ALL EXEMPT ORGANIZATION CLIENTS,REPORTED TO THE CHARITABLE BENEFICIARY, APPROVED BY ITS BOARD OFDIRECTORS AND COMPARABLE TO INDUSTRY FEE SCHEDULES IN THE AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE AURENE NORTON TRUST DOES NOT HAVE COMPENSATED OFFICERS. THE COMPENSATION FOR THE TRUSTEE IS SET BASED UPON A STANDARD FEESCHEDULE USED IN ASSESSING FEES TO ALL EXEMPT ORGANIZATION CLIENTS,REPORTED TO THE CHARITABLE BENEFICIARY, APPROVED BY ITS BOARD OFDIRECTORS AND COMPARABLE TO INDUSTRY FEE SCHEDULES IN THE AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Trust documents and financial records are maintained at the offices of the corporate trustee, Busey Trust Company, 201 W. Main St., Urbana, IL 61801 and can be viewed during normal business hours. The corporate trustee maintains conflict of interest policies that apply to the administration of this trust. All documents are provided directly to the charitable beneficiary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRANSACTIONS POSTED CURRENT YEAR FOR PRIOR YEAR; ($112.48) TRANSACTIONS TAXABLE CURRENT YEAR POSTED FOLLOWING YEAR; $65.89 SECURITY ADJUSTMENT; DUE TO ROUNDING $(3). De minimis $(2.33)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5EXPLANATION FOR FORM 990, PART XI, LINE 9
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01936725
IRS990/TotalAssetsEOYAmt01931274
IRS990/TotalAssetsGrp/BOYAmt01936725
IRS990/TotalAssetsGrp/EOYAmt01931274
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt044441
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0130195
IRS990/TotalFunctionalExpensesGrp/TotalAmt0174636
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01936725
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01931274
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt041226
IRS990/TotalRevenueGrp/ExclusionAmt083703
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0169237
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01936725
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01931274
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0201 W MAIN ST
IRS990/USAddress/CityNm0URBANA
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd061801
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BUSEY BANK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/PhoneNum02173654800
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AURENE NORTON TRUST
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0376124411
ReturnHeader/Filer/PhoneNum02173654800
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 260
ReturnHeader/Filer/USAddress/CityNm0CHAMPAIGN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd0618240260
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/ReturnTs02025-06-26T15:01:21-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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