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Nonprofiteer
← GREYSTONE POWER FOUNDATION INC

Form 990 for tax year 2023

Filed by GREYSTONE POWER FOUNDATION INC.

Totals

Total revenue
$821,360
Total expenses
$638,550
Contributions and grants received
$821,302
Grants paid
$628,500
Program service revenue
$0
Investment income
$58
Other revenue
$0
Total assets, end of year
$520,266
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$520,266
Program services expenses (Part IX)
$638,550
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$638,550

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

    $9,200

  • 1f · All other contributions, gifts and grants

    $812,102

  • 1g · Noncash contributions included above

    $9,200

  • 3 · Investment income

    total $58 · excluded $58

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $600,500 · program services $600,500

  • 2 · Grants to domestic individuals

    total $28,000 · program services $28,000

  • 5 · Compensation of officers, directors and key employees

    total $9,200 · program services $9,200

  • 24a · Other expenses: GENERAL AND ADMINISTRATIV

    total $850 · program services $850

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $323,220 · end of year $505,774

  • 4 · Accounts receivable

    beginning of year $14,236 · end of year $14,492

  • 27 · Net assets without donor restrictions

    beginning of year $337,456 · end of year $520,266

Mission and programs · 2023

Mission

THE PURPOSE OF THE FOUNDATION SHALL BE THE ACCUMULATION AND DISBURSEMENT OF FUNDS FOR CHARITABLE PURPOSES PRIMARILY IN THE SERVICE AREA OF GREYSTONE POWER CORPORATION.

  • ACCUMULATION AND DISTRIBUTION OF FUNDS FOR CHARITABLE PURPOSES IN THE GREYSTONE POWER CORPORATION SERVICE AREA.

    Expenses $638,550 · Grants $628,500

As filed on the 2023 return.

Listed in Part VII

  • Marcus Carter

    CHAIRMAN

    Total calculated
    $1,200
    From this org
    $0
    From related orgs
    $1,200
    Other
    $0
    Hours/week
    2

  • Bonnie Standridge

    VICE CHAIRMA

    Total calculated
    $1,100
    From this org
    $0
    From related orgs
    $1,100
    Other
    $0
    Hours/week
    2

  • Donald Larsen

    SECRETARY/TR

    Total calculated
    $1,200
    From this org
    $0
    From related orgs
    $1,200
    Other
    $0
    Hours/week
    2

  • Lisa Remley

    DIRECTOR

    Total calculated
    $800
    From this org
    $0
    From related orgs
    $800
    Other
    $0
    Hours/week
    2

  • Robert Foran

    DIRECTOR

    Total calculated
    $1,200
    From this org
    $0
    From related orgs
    $1,200
    Other
    $0
    Hours/week
    2

  • Jill Lester

    DIRECTOR

    Total calculated
    $900
    From this org
    $0
    From related orgs
    $900
    Other
    $0
    Hours/week
    2

  • Dawn Chapman

    DIRECTOR

    Total calculated
    $1,100
    From this org
    $0
    From related orgs
    $1,100
    Other
    $0
    Hours/week
    2

  • Janie Redding

    DIRECTOR

    Total calculated
    $1,100
    From this org
    $0
    From related orgs
    $1,100
    Other
    $0
    Hours/week
    2

  • Brigette Carruth

    DIRECTOR

    Total calculated
    $600
    From this org
    $0
    From related orgs
    $600
    Other
    $0
    Hours/week
    2

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.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
28 October 2024
IRS schema version
2023v5.0
Source object
202433049349301033

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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