Totals
- Total revenue
- $236,580
- Total expenses
- $233,381
- Contributions and grants received
- $236,262
- Grants paid
- $233,180
- Program service revenue
- $0
- Investment income
- $318
- Other revenue
- $0
- Total assets, end of year
- $191,995
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $191,995
- Program services expenses (Part IX)
- $233,381
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $233,381
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$50,000
-
1f · All other contributions, gifts and grants
$186,262
-
3 · Investment income
total $318 · excluded $318
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $233,180 · program services $233,180
-
11g · Fees: other
total $201 · program services $201
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $188,796 · end of year $191,995
-
27 · Net assets without donor restrictions
beginning of year $188,796 · end of year $191,995
Mission and programs · 2022
Mission
SUPPORT OF CHARITABLE CAUSES, GENERAL WELFARE EFFORTS, COMMUNITY IMPROVEMENT PROJECTS AND OTHER ACTIVITIES OF A CHARITABLE NATURE PROVIDED BY OTHER 501 (C) (3) ORGANIZATIONS.
Activities or mission (Part I)
SUPPORT OF CHARITABLE CAUSES AND OTHER ACTIVITIES PROVIDED BY OTHER 501 (C)(3) ORGANIZATIONS.
-
IN 2022, $233,180 WENT TO THE SUPPORT OF CHARITABLE CAUSES, GENERAL WELFARE EFFORTS, COMMUNITY IMPROVEMENT PROJECTS AND OTHER ACTIVITIES OF A CHARITABLE NATURE PROVIDED BY OTHER 501 (C) (3) ORGANIZATIONS. 242 SEPARATE TAX-EXEMPT, CHARITABLE ORGANIZATIONS WERE PROVIDED DONATIONS DURING THE CALENDAR YEAR.
Expenses $233,381 · Grants $233,180
As filed on the 2022 return.
Listed in Part VII
-
Maria GonzalezMARIA GONZALEZ
PRESIDENT
- Total calculated
- $119,996
- From this org
- $0
- From related orgs
- $90,488
- Other
- $29,508
- Hours/week
- 1
-
Pam BryantPAM BRYANT
TREASURER
- Total calculated
- $84,453
- From this org
- $0
- From related orgs
- $65,880
- Other
- $18,573
- Hours/week
- 1
-
Lori HartsfieldLORI HARTSFIELD
VICE-CHAIRPERSON/SECRETARY
- Total calculated
- $80,769
- From this org
- $0
- From related orgs
- $65,003
- Other
- $15,766
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- FORM 990, SCHEDULE J, PART II
- ALL COMPENSATION REPORTED ON SCHEDULE J PART II IS RELATED TO THE DIRECTORS EMPLOYMENT WITH PEDERNALES ELECTRIC COOPERATIVE, INC. PER THE BY-LAWS, THE BOARD MAY DETERMINE TO COMPENSATE ANY OFFICER, ADVISOR OR INDIVIDUAL, AS AN EMPLOYEE OR AS AN INDEPENDENT CONTRACTOR, IN THE FORM OF SALARY OR OTHERWISE, FOR HIS OR HER SERVICES TO OR ON BEHALF OF THE CORPORATION. AT THIS TIME, THE BOARD HAS NOT MADE THE DECISION TO COMPENSATE ANY INDIVIDUAL.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$5,975
TO OFFER HEALING AND HOPE TO CHILDREN AND FAMILIES AFFECTED BY ABUSE, ABANDONMENT OR NEGLECT.
-
TO PROVIDE FUNDS TO GRANT WISHES TO CHILDREN WITH LIFE THREATENING MEDICAL CONDITIONS.
-
TO PROVIDE SCHOLARSHIPS TO GRADUATES OF MARBLE FALLS HIGH SCHOOL IN HONOR OF COOPER DESPAIN.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
PEDERNALES ELECTRIC COOPERATIVE
501(C)(12) · TO PROVIDE LOW-COST,RELIABLE AND SAFE ENERGY FOR OUR MEMBERS. · TX
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 26 April 2023
- IRS schema version
- 2022v5.0
- Source object
- 202341219349300319
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