Beaver County Electrical Welfare Corporation
- Assets
- $75.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beaver, PA
- Founding
- 12/1962
- Data as of
- 12/2023
- EIN
- 25-6066833
Organization Overview
Beaver County Electrical Welfare Corporation is located in Beaver, PA. The organization was established in 1962. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beaver County Electrical Welfare Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2023, Beaver County Electrical Welfare Corporation generated $118.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $144.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A PLACE OF OCCUPANCY AND MAINTENANCE OF THE BUILDING AND GROUNDS OF THE LOCAL IBEW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Declan Pape Chairman | 1 | $0 | |
Jeffrey J Hill Vice President | 1 | $0 | |
Rodney Hill Treasurer | 1 | $0 | |
Larry L Nelson Recording Secretary | 1 | $0 | |
Robert Allison Trustee | 1 | $0 | |
Joseph M Brennan Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $150,491 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | -$31,868 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $298 |
| Total Revenue | $118,929 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $450 |
| Professional fees and other payments to independent contractors | $7,919 |
| Occupancy, rent, utilities, and maintenance | $117,461 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,613 |
| Total expenses | $144,443 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,851 |
| Other assets | $0 |
| Total assets | $75,574 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,574 |