Hilco Electric Tr is located in Itasca, TX. The organization was established in 2012. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Hilco Electric Tr 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, Hilco Electric Tr generated $63.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $62.4k 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
GRANTS AND CONTRIBUTIONS TO CHARITIES IN THE SERVICE AREA OF HILCO ELECTRIC COOPERATIVE, INC. APPROXIMATELY 33 DIFFERENT ORGANIZATIONS RECEIVED CONTRIBUTIONS IN 2021.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Debbie Brooks Chairman | 1 | $0 | |
Mike Creech Vice-Chairman | 1 | $0 | |
Gorden Pickett Secretary/treasurer | 1 | $0 | |
Rick Faught Director | 1 | $0 | |
Joan Gamble Director | 1 | $0 | |
Ana Fuentes Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $63,917 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $19 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $63,936 |
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 | $2,400 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $62,439 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,250 |
Other assets | $0 |
Total assets | $12,824 |
Total liabilities | $0 |
Net assets or fund balances | $12,824 |
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