Sumter Emc Foundation Inc
- Assets
- $184.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Americus, GA
- Founding
- 03/2003
- Data as of
- 12/2022
- EIN
- 16-1639226
Organization Overview
Sumter Emc Foundation Inc is located in Americus, GA. The organization was established in 2003. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sumter Emc Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Sumter Emc Foundation Inc generated $69.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $56.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE PURPOSES AND GOALS OF THE FOUNDATION INCLUDE, WITHOUT LIMITATION, THE FOLLOWING: (1) TO SUPPORT AND PROMOTE EDUCATIONAL ATTAINMENT THROUGHOUT THE SUMTER ELECTRIC MEMBERSHIP CORPORATION (SUMTER EMC) SERVICE AREA BY CREATING, ESTABLIGHING OR FUNDING EDUCATIONAL TRAINING PROGRAMS SEMINARS, COURSES, SCHOLARSHIPS, ETC. (2) TO SUPPORT AND PROMOTE HEALTH AND HUMAN SERVICES; CATASTROPHIC INTERVENTIONS; TO PROVIDE FOOD, SHELTER, CLOTHING AND SAFETY; AND TO PROMOTE ECONOMIC DEVELOPMENT AND CULTURAL ENRICHMENT IN THE SUMTER EMC SERVICE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Walker Chairperson | 4 | $0 | |
John T Argo Jr Vice Chairma | 0.5 | $0 | |
Whitney Johnson Sec/treas | 2 | $0 | |
Claudia Black Trustee | 0.5 | $0 | |
Abbie Dillard Trustee | 0.5 | $0 | |
Ronald Dupree Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,451 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $59 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,510 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $56,532 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $175,160 |
| Other assets | $0 |
| Total assets | $184,307 |
| Total liabilities | $0 |
| Net assets or fund balances | $184,307 |
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