Carteret-Craven Electric Foundation
- Assets
- $181.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport, NC
- Founding
- 08/1999
- Data as of
- 06/2024
- EIN
- 56-2144684
Organization Overview
Carteret-Craven Electric Foundation is located in Newport, NC. The organization was established in 1999. According to its NTEE Classification (T30) the organization is classified as: Public 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. Carteret-Craven Electric Foundation 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 06/2024, Carteret-Craven Electric Foundation generated $151.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $184.3k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by 0.0% 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
2024
Describe the Organization's Program Activity:
Part 3
TO COLLECT AND DISBURSE FUNDS TO QUALIFIED ORGANIZATIONS AND INDIVIDUAL ASSISTANCE TO GOVERNMENT AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abby Young Secretary | 0.5 | $0 | |
Ryan Taylor Vice President | 0.5 | $0 | |
Jack Dunaway Assistant Secretary | 0.5 | $0 | |
Cindy Meyers President | 0.5 | $0 | |
Robert Peoples Assistant Treasurer | 0.5 | $0 | |
Sue Hamann Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $145,094 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,588 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $151,682 |
| 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 | $1,425 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $184,257 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $181,756 |
| Other assets | $0 |
| Total assets | $181,756 |
| Total liabilities | $0 |
| Net assets or fund balances | $181,756 |