York Electric Trust Inc

Organization Overview

York Electric Trust Inc is located in York, SC. The organization was established in 1999. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. York 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, York Electric Trust Inc generated $290.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $245.0k during the year ending 12/2021. While expenses have increased by 5.3% 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.

Since 2018, York Electric Trust Inc has awarded 76 individual grants totaling $957,888. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE TRUST IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF YORK ELECTRIC COOPERATIVE, INC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PURPOSE OF THE TRUST IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF YORK ELECTRIC COOPERATIVE, INC.


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Board, Officers & Key Employees

Name (title)Compensation
Gary Farris
Chairman
$0
Chauntel Ingalls
Vice Chairma
$0
Ethel Sutton
Secretary
$0
Sharon Snearly
Director
$0
Stephen Burrell
Director
$0
Nancy Lowey
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$286,653
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$286,653
Total Program Service Revenue$0
Investment income $4,087
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $290,740

Grants Awarded

Over the last fiscal year, York Electric Trust Inc has awarded $225,972 in support to 17 organizations.

Grant RecipientAmount

OTHER COMMUNITY ASSISTANCE

|

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$34,972

CLOVER AREA ASSISTANCE CENTER

Org PageRecipient Profile

Clover, SC

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$20,000

BETHEL MEN'S SHELTER

|

|

$15,000

CROOKED CREEK FARMS

Org PageRecipient Profile

York, SC

|

$15,000

ADULT ENRICHMENT CENTER

Org PageRecipient Profile

Rock Hill, SC

|

$15,000

HOSPICE AND COMMUNITY CARE

Org PageRecipient Profile

Rock Hill, SC

|

$15,000
View Grant Profile

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