Based in DEFUNIAK SPRINGS, FL, THE CHELCO FOUNDATION INC operates as a Public Charity. The organization reported $213K in revenue, $134K in expenses, $2.0M in total assets for fiscal year 2025. Imperigo tracks 7 reported grants from this foundation totaling approximately $212K.
THE ORGANIZATION WAS ESTABLISHED BY THE BOARD OF TRUSTEES OF CHOCTAWHATCHEE ELECTRIC COOPERATIVE, INC. (CHELCO) TO SERVE AS A PHHILANTHROPIC AGENCY TO ASSIST INDIVIDUALS AND ORGANIZATIONS IN THE LOCAL COMMUNITY AS WELL AS ACROSS THE NATION AND THROUGHOUT THE WORLD. DONATIONS MADE TO THE FOUNDATION ARE MADE VOLUNTARILY BY EMPLOYEES AND OTHERS WHO WISH TO SUPPORT CHELCO'S COMMUNITY OUTREACH, WHICH INCLUDES ITEMS LIKE SCHOLARSHIPS AND GRANTS FOR CHARITABLE ORGANIZATIONS.
How The Chelco Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 7 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $213K | $134K | $2.0M |
| 2024 | $96K | $118K | $2.0M |
| 2023 | $1.2M | $24K | $2.0M |
| 2022 | $724K | $19K | $711K |
Between 2022 and 2025, reported annual revenue declined from $724K to $213K (-71%), with total assets most recently reported at $2.0M.
Interactive year-over-year charts and full filing details available with membership.
Grants from this foundation were reported to recipients in FL, LA, MD.
Full geographic grant map with state-by-state breakdown available with membership.
