Form 990-EZ for tax year 2023
Filed by RUNESTONE ELECTRIC COMMUNITY TRUST.
Totals
- Total revenue
- $55,661
- Total expenses
- $55,358
- Contributions and grants received
- $55,661
- Grants paid
- $53,760
- Program service revenue
- $0
- Membership dues (line 3)
- $0
- Investment income (line 4)
- $0
- Gain or loss on sale of assets (line 5c)
- $0
- Gaming and fundraising events, net (line 6d)
- $0
- Gross profit on inventory sales (line 7c)
- $0
- Other revenue (line 8)
- $0
- Total assets, end of year
- $9,572
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $9,572
- Program service expenses (Part III)
- $53,760
Program services were 97.1% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
Mission and programs · 2023
Primary exempt purpose
Fund nonprofit projects in our service area.
-
The organization disbursed 113 grants totaling $53,760 to 113 community groups. These grants are used for such purposes as fire department equipment, food shelves, disability programs, youth activities and senior projects.
Expenses $53,760 · Grants $113
As filed on the 2023 return.
Listed in Part IV
-
Jeff Gaffaney
President
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 0.5
-
Barry Wahlberg
Vice President
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 0.5
-
Pat Soberg
Director
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 0.5
-
David Lundy
Sec/Treasurer
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 0.5
-
Rich Moen
Director
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 0.5
-
Mary Betterman
Director
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 0.5
-
Richard Duncan
Director
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 0.5
-
Janet Johnson
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Deborah Anderson
Director
- Total calculated
- $0
- Hours/week
- 0.5
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
- 2023
- Filed
- 23 April 2024
- IRS schema version
- 2023v5.0
- Source object
- 202411209349200631
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