Roanoke Electric Care Trust Inc
- Assets
- $69.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ahoskie, NC
- Founding
- 08/1995
- Data as of
- 12/2021
- EIN
- 56-1908185
Organization Overview
Roanoke Electric Care Trust Inc is located in Ahoskie, NC. The organization was established in 1995. 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. Roanoke Electric Care 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, Roanoke Electric Care Trust Inc generated $45.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $36.9k during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3
ACCUMULATION AND DISTRIBUTION OF FUNDS FOR CHARITABLE PURPOSES IN THE ROANOKE EMC SERVICE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheila Craig Vice Preside | 1 | $0 | |
Darrick Wood President | 1 | $0 | |
Diane Hendrix Sec./treas | 1 | $0 | |
Carolyn Boone Director | 1 | $0 | |
Edward Brown Director | 1 | $0 | |
Vernica Lofton Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,964 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,975 |
| 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 | $31 |
| Total expenses | $36,865 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,304 |
| Other assets | $0 |
| Total assets | $69,185 |
| Total liabilities | $0 |
| Net assets or fund balances | $69,185 |
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