Northeast Oklahoma Electric Cooperative Foundation Inc is located in Vinita, OK. The organization was established in 1998. 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. Northeast Oklahoma Electric Cooperative Foundation 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, Northeast Oklahoma Electric Cooperative Foundation Inc generated $156.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $114.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Northeast Oklahoma Electric Cooperative Foundation Inc has awarded 17 individual grants totaling $105,462. 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION'S FUNDRAISING PROGRAM CONSISTS OF ROUNDING UP EACH PARTICIPATING NORTHEAST OKLAHOMA ELECTRIC COOPERATIVE CUSTOMER'S BILL TO THE NEAREST DOLLAR. THE COOPERATIVE TRANSFERS THE ROUND-UP FUNDS TO THE FOUNDATION TO BE USED EXCLUSIVELY FOR CHARITABLE OR PHILANTHROPIC PURPOSES, INCLUDING, BUT NOT LIMITED TO, THE MAKING OF DISTRIBUTIONS TO INDIVIDUALS, FAMILY UNITS, GROUPS, ORGANIZATIONS, AND/OR CHARITIES OR LIKE ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bob Eubanks Director | 0.75 | $0 | |
Curt Stutzman Director | 0.46 | $0 | |
Mike Teel Director | 0.75 | $0 | |
Sandye Berga Director | 0.46 | $0 | |
Od Baker President | 0.58 | $0 | |
Linda Martin Director | 0.46 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $156,412 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $156 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $156,568 |
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 | $292 |
Other expenses | $6,565 |
Total expenses | $114,028 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $134,936 |
Other assets | $0 |
Total assets | $144,589 |
Total liabilities | $1,083 |
Net assets or fund balances | $143,506 |
Over the last fiscal year, Northeast Oklahoma Electric Cooperative Foundation Inc has awarded $22,686 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
Vinita, OK PURPOSE: FOOD | $6,000 |
KANSAS POLICE DEPARTMENT PURPOSE: IN-CAR VIDEO SYSTEMS | $5,860 |
CHELSEA FIRE DEPARTMENT PURPOSE: PTO FOR TANKER TRUCK | $5,700 |
Vinita, OK PURPOSE: LAPTOP COMPUTERS | $5,126 |
Over the last fiscal year, we have identified 1 grants that Northeast Oklahoma Electric Cooperative Foundation Inc has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Northeast Oklahoma Electric Cooperative Inc Vinita, OK PURPOSE: COBANK MATCHING SUCCESS | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Jasper Ridge Charitable Fund Fort Worth, TX | $1,059,804,391 | $51,342,189 |
Communities Foundation Of Oklahoma Inc Oklahoma City, OK | $155,793,943 | $76,729,791 |
Impact Investing Charitable Foundation Inc Overland Park, KS | $59,629,063 | $92,847,262 |
W W Caruth Jr Foundation Dallas, TX | $444,705,321 | $32,925,098 |
Veterans United Foundation Columbia, MO | $54,107,159 | $30,165,811 |
Dallas Center For The Performing Arts Foundation Inc Dallas, TX | $209,822,251 | $21,963,048 |
Houston Parks Board Houston, TX | $62,239,000 | $18,357,527 |
Fossil Foundation Richardson, TX | $2,468,423 | $514,916 |
Pratham Usa Houston, TX | $25,223,728 | $25,510,214 |
Stifel Charitable Inc St Louis, MO | $132,307,100 | $94,589,551 |
Amg Charitable Gift Foundation Greenwood Village, CO | $149,608,626 | $31,189,759 |
Amarillo Area Foundation Inc Amarillo, TX | $153,231,166 | $11,027,021 |