Cvec Foundation Inc
- Assets
- $257.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seminole, OK
- Founding
- 08/1999
- Data as of
- 12/2021
- EIN
- 73-1553974
Organization Overview
Cvec Foundation Inc is located in Seminole, OK. The organization was established in 1999. 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. Cvec 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, Cvec Foundation Inc generated $108.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $56.5k during the year ending 12/2021. 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
DISBURSEMENT OF FUNDS PROVIDED PRIMARILY BY THE CVEC ROUND UP PROGRAM FOR BOTH PERSONAL AND COMMUNITY BENEVOLENT NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shirley Boren Secretary | 0 | $0 | |
Dian Dawson President | 0 | $0 | |
Larry Spoonemore Member | 0 | $0 | |
Benny Floyd Member | 0 | $0 | |
Gene Wilcox Member | 0 | $0 | |
Tom Mikles Vice-Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,650 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,167 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,817 |
| 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 | $2,900 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $53,580 |
| Total expenses | $56,480 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $248,254 |
| Other assets | $0 |
| Total assets | $257,404 |
| Total liabilities | $9,481 |
| Net assets or fund balances | $247,923 |
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