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Nonprofiteer
← ALBEMARLE COMMUNITY TRUST

Form 990-EZ for tax year 2022

Filed by ALBEMARLE COMMUNITY TRUST.

Totals

Total revenue
$81,752
Total expenses
$77,817
Contributions and grants received
$81,752
Grants paid
$56,813
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
$33,097
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
$33,097
Program service expenses (Part III)
$56,813

Program services were 73.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2022

Primary exempt purpose

THE PURPOSE OF THE TRUST IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF ALBEMARLE ELECTRIC MEMBERSHIP CORPORATION.

  • CHARITABLE DISBURSEMENTS (SEE ATTACHED)

    Expenses $56,813 · Grants $56,813

  • N/A

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

  • Jeff Proctor

    PRESIDENT

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0.37
  • Jean Bell

    VICE PRESIDE

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0.42
  • Linda Burrus

    SECRETARY

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0.25
  • Jeffery McCoy

    TRUSTEE

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0.29
  • William Copeland

    TRUSTEE

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0.39
  • Sandra Welch

    TRUSTEE

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0.37
  • Dale Davis

    TRUSTEE

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0.36
  • Robert Whitehead

    TRUSTEE

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0.19
  • Robert Jones

    TRUSTEE

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0.19

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
29 March 2023
IRS schema version
2022v5.0
Source object
202340889349200219

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