Aiken Electric Trust
- Assets
- $173.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Aiken, SC
- Founding
- 11/2001
- Data as of
- 05/2024
- EIN
- 57-1109736
Organization Overview
Aiken Electric Trust is located in Aiken, SC. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Aiken 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 05/2024, Aiken Electric Trust generated $89.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $59.2k during the year ending 05/2024. While expenses have increased by 12.8% per year over the past 4 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
2024
Describe the Organization's Program Activity:
Part 3
AIKEN ELECTRIC TRUST WAS FORMED TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS AND FAMILIES IN NEED OF SUCH ASSISTANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimmy Painter Chairman | 1 | $0 | |
Patsy Bell Vice Chairma | 1 | $0 | |
Brenda Steadman Secretary | 1 | $0 | |
Stew Maurice Treasurer | 1 | $0 | |
Phillip Bryan Director | 1 | $0 | |
Keith Harp Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,214 |
| 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 | $89,214 |
| 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 | $59,201 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $166,279 |
| Other assets | $0 |
| Total assets | $173,682 |
| Total liabilities | $0 |
| Net assets or fund balances | $173,682 |