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Clay Electric Foundation Inc

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

EIN: 611777637 ✦ Keystone heights, FL ✦ Designated as a 501(c)(3)

Overview

What is Clay Electric Foundation Inc?

Clay Electric Foundation Inc is a nonprofit organization situated in Keystone Heights, Florida. With a focus on charitable, educational, and worthwhile causes, the foundation accumulates and disburses funds within a 14-county service area that is served by Clay Electric Cooperative, Inc. Their mission is to contribute to the betterment of the community by supporting various initiatives and projects within this geographical region. The foundation's activities are aimed at fostering positive change and improvement in the lives of the people they serve.


Official website here: www.clayelectric.com/foundationboard

Is Clay Electric Foundation Inc legitimate?

Clay Electric Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clay Electric Foundation Inc submitted a form 990, 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.clayelectric.com/foundationboard

What is the mission statement of Clay Electric Foundation Inc?

The Clay Electric Foundation Inc's primary purpose is to gather and distribute funds for charitable, educational, and other noble causes within its 14-county service area. The organization's mission is geared towards supporting various worthy projects, contributing to the betterment of the community it serves. By accumulating funds, the foundation aims to make a significant impact in areas that require assistance. The disbursement of these funds is intended to contribute to the overall improvement of the communities within its jurisdiction, thereby promoting societal development and growth.


Official website here: www.clayelectric.com/foundationboard

Who is the CEO of Clay Electric Foundation Inc?

Stephen Bailey is the President/Board Member of Clay Electric Foundation Inc.


Official website here: www.clayelectric.com/foundationboard

What is the revenue of Clay Electric Foundation Inc?

Clay Electric Foundation Inc's revenue in 2022 was $888,411.


Official website here: www.clayelectric.com/foundationboard

Who are the executives of Clay Electric Foundation Inc and what are their salaries?

Here are 9 key members and their salaries:

    Stephen E Bailey (President/Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen R Barrow (Vice-President/Board Membe) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reginal L Brown (Secretary/Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard L Feagle (Treasurer/Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Mccool (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pam Whittle (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Bucci (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Chesser (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol B Knight (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.clayelectric.com/foundationboard

    Where can I find the form 990 for Clay Electric Foundation Inc?

    The Clay Electric Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.clayelectric.com/foundationboard

    Learn more at the official website: www.clayelectric.com/foundationboard

    Mission Statement of Clay Electric Foundation Inc

    Clay Electric Foundation Inc is a charitable organization with a mission to accumulate and disburse funds for various worthy purposes. Its scope of operation extends to the 14 county service area of Clay Electric Cooperative, Inc. This nonprofit's primary objective is to contribute to charitable and educational causes, as well as other noble endeavors. By managing and distributing funds, Clay Electric Foundation Inc aims to make a positive impact in its designated service area. Its activities are geared towards promoting the betterment of the community and fostering growth in various sectors.

    Impact

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




    Saturday, July 20, 2024

    Clay Electric Foundation Inc has a significant impact on the 14 county service area of Clay Electric Cooperative, Inc. By accumulating and disbursing funds for charitable, educational, and other worthy purposes, the foundation plays a vital role in supporting the community. Through their philanthropic efforts, they contribute to the betterment of society, help those in need, and promote educational opportunities. Their impact can be seen in the positive outcomes and benefits experienced by individuals and organizations within their service area.





    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: $888,411

    • Assets and Liabilities:
  • Total Assets: $282,594
  • Total Liabilities: $15,000
  • Net Assets: $267,594
  • Organization Details

    Founding Year

    2015

    Principal Officer

    Stephen Bailey

    Main Address

    PO BOX 308, KEYSTONE HEIGHTS, FL, 32656

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Clay Electric Foundation Inc 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.