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Federated Rural Electric Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411802809 ✦ Jackson, MN ✦ Designated as a 501(c)(3)

Overview

What is Federated Rural Electric Trust?

The Federated Rural Electric Trust is a charitable organization situated in Jackson, Minnesota. It gathers a small amount from the bills of the members of Federated Rural Electric Association by rounding up their monthly payments. This collected funds are then managed by the Trust's board, who decide on various distribution methods, such as awarding scholarships to local high school seniors and offering grants to bolster schools and community organizations within the service area. The Trust's primary mission is to contribute positively to its community.


Official website here: www.federatedrea.coop

Is Federated Rural Electric Trust legitimate?

Federated Rural Electric Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federated Rural Electric Trust submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.federatedrea.coop

What is the mission statement of Federated Rural Electric Trust?

The Federated Rural Electric Trust is an organization that collects a small amount from the bills of its members, primarily associated with Federated Rural Electric Association, by rounding up their payments. The Trust's board then decides on how to allocate these funds, primarily focusing on providing scholarships to local high school seniors and offering grants to support educational institutions and community organizations within its service area. The Trust's mission is aimed at contributing positively to the communities it serves.


Official website here: www.federatedrea.coop

Who is the CEO of Federated Rural Electric Trust?

Stuart Smart is the President of Federated Rural Electric Trust.


Official website here: www.federatedrea.coop

What is the revenue of Federated Rural Electric Trust?

Federated Rural Electric Trust's revenue in 2022 was $59,406.


Official website here: www.federatedrea.coop

Who are the executives of Federated Rural Electric Trust and what are their salaries?

Here are 2 key members and their salaries:

    Stuart Smart (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Rubis (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.federatedrea.coop

    Where can I find the form 990EZ for Federated Rural Electric Trust?

    The Federated Rural Electric Trust’s most recent form 990EZ was submitted in 2022 and can be accessed here


    Official website here: www.federatedrea.coop

    Learn more at the official website: www.federatedrea.coop

    Mission Statement of Federated Rural Electric Trust

    The Federated Rural Electric Trust is an organization that gathers a small amount from the monthly bills of its members, who are part of the Federated Rural Electric Association. This amount is collected by rounding up their bills. The Trust's board then decides how to allocate these funds. They distribute these resources in various ways, such as providing scholarships to local high school seniors and offering grants to support schools and community organizations within their service territory. In essence, the Federated Rural Electric Trust aims to contribute to the education and community development of the regions it serves.

    Impact

    This information is meant to be a general summary of Federated Rural Electric Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




    Sunday, August 4, 2024

    Federated Rural Electric Trust positively impacts the community by providing scholarships to high school seniors and grants to support schools and community organizations in the service territory. Through the collection of small donations from members of Federated Rural Electric Association, the Trust is able to make a meaningful difference in the lives of individuals and the overall well-being of the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $59,406

    • Assets and Liabilities:
  • Total Assets: $34,457
  • Total Liabilities: $0
  • Net Assets: $34,457
  • Organization Details

    Principal Officer

    Stuart Smart

    Main Address

    77100 Hwy 71, Jackson, MN, 56143

    NTEE Category

    Code: X99 - Religion related

    If you are a representative of Federated Rural Electric Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.