Little River Electric Trust
- Assets
- $31.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Abbeville, SC
- Founding
- 07/1994
- Data as of
- 02/2019
- EIN
- 57-0963364
Organization Overview
Little River Electric Trust is located in Abbeville, SC. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Little River Electric Trust 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 02/2019, Little River Electric Trust generated $33.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $26.3k during the year ending 02/2019. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE LITTLE RIVER ELECTRIC TRUST IS TO ACCUMULATE AND DISTRIBUTE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF LITTLE RIVER ELECTRIC COOPERATIVE, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Ashley Treasurer | 2 | $0 | |
Kevin Simpson President | 2 | $0 | |
Rev Wayman Coleman Director | 2 | $0 | |
Dale Wilson Director | 2 | $0 | |
Pamela Land Director | 2 | $0 | |
Gale King Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,067 |
| 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 | $33,067 |
| Statement of Expenses | |
|---|---|
| Total expenses | $26,300 |
| Balance Sheet | |
|---|---|
| Total assets | $31,327 |
| Total liabilities | $0 |
| Net assets or fund balances | $31,327 |
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