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Nonprofiteer
← RUNESTONE ELECTRIC COMMUNITY TRUST

Form 990-EZ for tax year 2022

Filed by RUNESTONE ELECTRIC COMMUNITY TRUST.

Totals

Total revenue
$57,238
Total expenses
$62,787
Contributions and grants received
$57,238
Grants paid
$60,600
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
$9,269
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$9,269
Program service expenses (Part III)
$60,600

Program services were 96.5% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2022

Primary exempt purpose

Fund nonprofit projects in our service area.

  • The organization disbursed 147 grants totaling $60,600 to 124 community groups. These grants are used for such purposes as fire department equipment, food shelves, disability programs, youth activities and senior projects.

    Expenses $60,600 · Grants $60,600

As filed on the 2022 return.

Listed in Part IV

  • Jeff Gaffaney

    President

    Total calculated
    $0
    Hours/week
    0.5
  • Barry Wahlberg

    Vice President

    Total calculated
    $0
    Hours/week
    0.5
  • Janet Johnson

    Treasurer

    Total calculated
    $0
    Hours/week
    0.5
  • David Lundy

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Deborah Anderson

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Mary Betterman

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Richard Duncan

    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
2022
Filed
14 March 2023
IRS schema version
2022v4.0
Source object
202310739349201411

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