Beltrami Electric Coopertive Trust
- Assets
- $20.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bemidji, MN
- Founding
- 07/2016
- Data as of
- 12/2023
- EIN
- 81-0822628
Organization Overview
Beltrami Electric Coopertive Trust is located in Bemidji, MN. The organization was established in 2016. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Beltrami Electric Coopertive Trust 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, Beltrami Electric Coopertive Trust generated $82.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $82.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 5 years. 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
OPERATION ROUNDUP IS A CHARITABLE PROGRAM DESIGNED TO GIVE MEMBERS OF BELTRAMI ELECTRIC COOPERATIVE A MEANS OF WORKING TOGETHER TO USE SMALL CHANGE TO MAKE A BIG IMPACT IN OUR LOCAL COMMUNITIES BY ROUNDING UP THEIR ELECTRIC BILLS TO THE NEXT DOLLAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lea Perkins Director | 0.12 | $0 | |
Barb Siler Director | 0.12 | $0 | |
Kay Mack President | 0.12 | $0 | |
Miriam Osborn-Dougherty Vice President | 0.12 | $0 | |
Sharon Hadrava Secretary/treasurer | 0.12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,606 |
| 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 | $82,606 |
| 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 | $82,583 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,704 |
| Other assets | $0 |
| Total assets | $20,704 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,704 |