Okefenoke Rural Electric Membership Corporation Foundation
- Assets
- $298.7k
- Revenue
- $476.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Nahunta, GA
- Founding
- Data as of
- 12/2022
- EIN
- 86-1297626
Organization Overview
Okefenoke Rural Electric Membership Corporation Foundation is located in Nahunta, GA. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Okefenoke Rural Electric Membership Corporation Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2022, Okefenoke Rural Electric Membership Corporation Foundation has awarded 47 individual grants totaling $177,687. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE CONTRIBUTIONS TO THE COMMUNITY OF THE OREMC SERVICE TERRORITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruby Ann Sawyer President | 2 | $0 | |
Ramona Jones Vice Preside | 2 | $0 | |
Sonya Walker Secretary | 2 | $0 | |
Shallen Crum Treasurer | 2 | $0 | |
Rhonda Dowling Director | 1 | $0 | |
Matthew Jordan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $455,310 |
| 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 | $21,031 |
| Total Revenue | $476,341 |
| 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 | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $177,687 |
| Total expenses and disbursements | $177,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,623 |
| 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 | $171,031 |
| Total assets | $298,654 |
| 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, Okefenoke Rural Electric Membership Corporation Foundation has awarded $177,687 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICA'S SECOND HARVEST OF COASTAL PURPOSE: COMMUNITY | $2,500 |
BAKER COUNTY 4-H PURPOSE: COMMUNITY | $3,000 |
BETHESDA RECOVERY PURPOSE: COMMUNITY | $2,500 |
BRANTLEY COUNTY FFA ALUMNI PURPOSE: COMMUNITY | $5,000 |
BRUSNWICK-GOLDEN ISLES CHAMBER PURPOSE: COMMUNITY | $5,000 |
BRING YOUR BROKENNESS INC PURPOSE: COMMUNITY | $5,000 |