Nueces Electric Charities Inc
- Assets
- $67.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Robstown, TX
- Founding
- 09/1995
- Data as of
- 12/2023
- EIN
- 74-2756238
Organization Overview
Nueces Electric Charities Inc is located in Robstown, TX. The organization was established in 1995. According to its NTEE Classification (T31) the organization is classified as: Community 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. Nueces Electric Charities 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 12/2023, Nueces Electric Charities Inc generated $149.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $140.5k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
BETTERING THE QUALITY OF LIFE OF CITIZENS WITHIN THE SERVICE AREA OF NUECES ELECTRIC COOPERATIVE, INC. DURING 2022, THE ORGANIZATION PAID OR APPROVED GRANTS TO 30 DIFFERENT CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rumaldo Juarez President | 1 | $0 | |
Gregg Truesdale Vice President | 1 | $0 | |
Gladys Lippincott Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,721 |
| 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 | $149,721 |
| 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 | $0 |
| Other expenses | $0 |
| Total expenses | $140,500 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,884 |
| Other assets | $0 |
| Total assets | $67,576 |
| Total liabilities | $2,500 |
| Net assets or fund balances | $65,076 |