Southern Pine Electric Trust Inc
- Assets
- $209.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brewton, AL
- Founding
- 01/2003
- Data as of
- 12/2021
- EIN
- 41-2040142
Organization Overview
Southern Pine Electric Trust Inc is located in Brewton, AL. The organization was established in 2003. 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. Southern Pine Electric Trust 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 12/2021, Southern Pine Electric Trust Inc generated $83.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $59.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Grace Chairman | 4 | $0 | |
Elaine Catoe Secretary | 4 | $0 | |
Dawn Malone Board Member | 4 | $0 | |
Doug Darby Board Member | 4 | $0 | |
Brenda Mcintyre Board Member | 4 | $0 | |
Glenda Curry-Allen Board Member | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,196 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $83,196 |
| 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 | $6,503 |
| Total expenses | $59,697 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $208,955 |
| Total liabilities | $352 |
| Net assets or fund balances | $208,603 |
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