Mora-San Miguel Electric Education Foundation
- Assets
- $867.2k
- Revenue
- $3.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Mora, NM
- Founding
- Data as of
- 12/2023
- EIN
- 85-0470497
Organization Overview
Mora-San Miguel Electric Education Foundation is located in Mora, NM. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mora-San Miguel Electric Education Foundation 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, Mora-San Miguel Electric Education Foundation generated $3.0k in total revenue. All expenses for the organization totaled $26.0k during the year ending 12/2023.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE COLLEGE SCHOLARSHIPS TO RESIDENTS OF THE SERVICE AREA OF MORA-SAN MIGUEL ELECTRIC COOPERATIVE. DURING THE 2023 TAX YEAR THE FOUNDATION PROVIDED 16 STUDENTS $1,000 SCHOLARSHIPS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Baca President | 1 | $0 | |
James Ortiz Vice President | 1 | $0 | |
Virginia Mondragon Secretary/treasurer | 1 | $0 | |
Joseph C DE Baca Director | 1 | $0 | |
Sam Ramirez Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,993 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,993 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,958 |
| Total operating and administrative expenses | $10,008 |
| Contributions, gifts, grants paid | $16,000 |
| Total expenses and disbursements | $26,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $867,198 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $867,198 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mora-San Miguel Electric Education Foundation has awarded $16,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ALYSSA ROYBAL PURPOSE: SCHOLARSHIP | $1,000 |
AMARIE RODRIQUEZ-VIGIL PURPOSE: SCHOLARSHIP | $1,000 |
CHENE GUTIERREZ PURPOSE: SCHOLARSHIP | $1,000 |
EVARISTO C TENORIO PURPOSE: SCHOLARSHIP | $1,000 |
HARLEE JARAMILLO PURPOSE: SCHOLARSHIP | $1,000 |
ISAIAH ATENCIO PURPOSE: SCHOLARSHIP | $1,000 |