Kiamichi Electric Cooperative Foundation Inc
- Assets
- $109.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilburton, OK
- Founding
- 09/2000
- Data as of
- 06/2022
- EIN
- 73-1589629
Organization Overview
Kiamichi Electric Cooperative Foundation Inc is located in Wilburton, OK. The organization was established in 2000. 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. Kiamichi 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 06/2022, Kiamichi Electric Cooperative Foundation Inc generated $75.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $89.9k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION RECEIVES FUNDS FROM THE MEMBERSHIP OF KIAMICHI ELECTRIC COOPERATIVE INC AND FROM OTHER SOURCES DEEMED APPROPRIATE BY THE BOARD OF DIRECTORS. THE ORGANIZATION DISPERSES THE FUNDS FOR CHARITABLE PURPOSES IN THE KEC INC SERVICE AREA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trent Myers Until 622 Treasuer | 1 | $0 | |
Jason Lindley Beg 622 Board Member | 1 | $0 | |
Nancy Pfannes Secretary | 1 | $0 | |
Danny Choat President | 1 | $0 | |
Leslie Langley Vice President | 1 | $0 | |
Mike Andrews Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,833 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $41 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,874 |
| 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 | $5,250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $89,910 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,367 |
| Other assets | $0 |
| Total assets | $109,752 |
| Total liabilities | $52,000 |
| Net assets or fund balances | $57,752 |
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