Santee Electric Trust Inc
- Assets
- $159.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kingstree, SC
- Founding
- 07/1998
- Data as of
- 12/2021
- EIN
- 57-6152051
Organization Overview
Santee Electric Trust Inc is located in Kingstree, SC. The organization was established in 1998. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santee 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, Santee Electric Trust Inc generated $166.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $156.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
SANTEE ELECTRIC TRUST WAS FORMED TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS AND ORGANIZATIONS IN THE SERVICE TERRITORY OF SANTEE ELECTRIC COOPERATIVE THROUGH AN OPERATION ROUNDUP PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hl Lowder Chairman | 2 | $0 | |
Danny Pittman Vice Chairma | 2 | $0 | |
Becky Jones Secretary | 2 | $0 | |
Charlena Cooper Treasurer | 2 | $0 | |
Betty Donnely Director | 2 | $0 | |
Angela Johnson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $166,536 |
| 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 | $166,536 |
| 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 | $12,659 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $156,821 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $159,427 |
| Total liabilities | $0 |
| Net assets or fund balances | $159,427 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
High Point Realty Associates Inc Durham, NC | $37,211,144 | -$111,209 |
Southeastern Council Of Foundations Inc Atlanta, GA | $2,907,587 | $3,483,118 |
The Littlejohn Family Foundation Savannah, GA | $11,057,486 | $4,634,557 |
Santee Electric Trust Inc Kingstree, SC | $159,427 | $0 |
Edward A Bond Foundation Hilton Head, SC | $567,820 | $35,864 |
Nccf Support Inc Alpharetta, GA | $2,403,385 | $78,950 |
Rcc Foundation Greeensboro, NC | $320,546 | $8,519 |
Campbell Foundation Tr 040297 Hendersonville, NC | $0 | $12 |