DEMCO FOUNDATION INC

As filed

Subsection

03

NTEE code

T30

Classification

1000

Street

PO BOX 15659

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• THE ORGANIZATION WAS ABLE TO ASSIST INDIVIDUALS/FAMILIES WITH THINGS SUCH AS CLOTHING, SHELTER, SCHOLARSHIPS AND OTHER MISCELLANEOUS NEEDS. THROUGH THE PROGRAM, OPERATION ROUNDUP, CUSTOMERS OF DIXIE ELECTRIC MEMBERSHIP CORPORATION MAY ELECT TO HAVE THEIR ELECTRICITY BILL ROUNDED UP TO THE NEAREST DOLLAR AMOUNT WITH THE DIFFERENCE REMITTED TO THE FOUNDATION TO PROVIDE THE FUNDING FOR THOSE ELIGIBLE FOR AID. IN 2024, THE FOUNDATION HAD 139 RECIPIENTS WHO REQUESTED AND RECEIVED ASSISTANCE TOTALING $245,563, INCLUDING $81,875 IN SCHOLARSHIPS TO 67 DIFFERENT STUDENTS.

  Expenses $368,614 · Grants $245,563

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $352,780

  Expenses

  $396,679

  Contributions

  $348,402

  Grants paid

  $245,563

• 2023

  Revenue

  $303,949

  Expenses

  $379,956

  Contributions

  $300,204

  Grants paid

  $265,869

• 2022

  Revenue

  $371,919

  Expenses

  $318,047

  Contributions

  $371,373

  Grants paid

  $212,379

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $322,923

  Expenses

  $359,652

  Assets (EOY)

  $236,496

• 2020 · 990

  Revenue

  $420,554

  Expenses

  $667,548

  Assets (EOY)

  $273,225

• 2019 · 990

  Revenue

  $343,709

  Expenses

  $268,810

  Assets (EOY)

  $520,219

• 2018 · 990

  Revenue

  $536,510

  Expenses

  $401,514

  Assets (EOY)

  $445,320

• 2017 · 990

  Revenue

  $278,213

  Expenses

  $521,906

  Assets (EOY)

  $310,324

• 2016 · 990

  Revenue

  $490,026

  Expenses

  $402,816

  Assets (EOY)

  $554,017

• 2015 · 990

  Revenue

  $460,969

  Expenses

  $344,816

  Assets (EOY)

  $466,808

• 2014 · 990

  Revenue

  $363,083

  Expenses

  $397,825

  Assets (EOY)

  $350,654

• 2013 · 990

  Revenue

  $388,428

  Expenses

  $379,853

  Assets (EOY)

  $385,396

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $376,287

  Assets (EOY)

  $376,821

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files