Form 990-EZ for tax year 2024

Totals

Total revenue

$79,904

Total expenses

$77,655

Contributions and grants received

$79,904

Grants paid

$58,040

Program service revenue

— not reported

Membership dues (line 3)

— not reported

Investment income (line 4)

— not reported

Gain or loss on sale of assets (line 5c)

— not reported

Gaming and fundraising events, net (line 6d)

— not reported

Gross profit on inventory sales (line 7c)

— not reported

Other revenue (line 8)

— not reported

Total assets, end of year

$26,587

Total liabilities, end of year

— not reported

Net assets or fund balances, end of year

$26,587

Program service expenses (Part III)

$67,909

Program services were 87.4% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2024

• THE FOUNDATION'S CHARIRABLE PURPOSE IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF ALBEMARLE ELECTRIC MEMBERSHIP CORPORATION.

  Expenses $67,909 · Grants $58,040

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990_ez

Tax year

2024

Filed

27 February 2025

IRS schema version

2024v5.0

Source object

202500629349201765

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