Semo Electric Foundation Inc
- Assets
- $38.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sikeston, MO
- Founding
- 12/2008
- Data as of
- 12/2023
- EIN
- 26-2362335
Organization Overview
Semo Electric Foundation Inc is located in Sikeston, MO. The organization was established in 2008. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Semo Electric 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 12/2023, Semo Electric Foundation Inc generated $60.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $57.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 8 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
PROVIDE SCHOLARSHIPS TO INDIVIDUALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Cleair President | 1 | $0 | |
Becky Branum Vice President | 1 | $0 | |
Greg Boyd Treasurer | 1 | $0 | |
Claudia Arington Director | 1 | $0 | |
Diane Sevic Director | 1 | $0 | |
Ginger Mcwaters Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,514 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,006 |
| Total Revenue | $60,520 |
| 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 | $57,200 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,526 |
| Other assets | $0 |
| Total assets | $38,526 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,526 |