Mission
The disbursement of funds for charitable purposes in the service area of Alfalfa Electric Cooperative, Inc.
Small Public Charity
AEC Foundation
AEC Foundation, of Cherokee, OK, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $44K in revenue, $40K in expenses, $44K in total assets.
EIN: 200832182
Cherokee, OK
Community Foundations
NTEE: T31
Latest filing: 2024
Total Revenue$44K
Total Expenses$40K
Total Assets$44K
Grant Records0
Filing Years2019–2024
Where $100 goes at AEC Foundation
How AEC Foundation divides every $100 it spends, from its own Form 990-EZ filings, averaged across 7 years.
$96
Programs
the work itself
$4
Everything else
operations and overhead
Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.
Inside the $96 for programs
$86
Provided grants for 40 area nonprofit organizations
$10
Provided grants for 4 area individuals in need
Source: Form 990-EZ filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Director
Cari Dietz
Director
Darrin Lancaster
President
Debbie Biby
Foundation Mgr.
Gail Ridgway
Director
Keith Smith
Director
Paul Jackson
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $44K | $40K | $44K |
| 2023 | $39K | $46K | $41K |
| 2022 | $44K | $54K | $48K |
| 2020 | $44K | $42K | $61K |
| 2019 | $41K | $42K | $60K |
Between 2019 and 2024, reported annual revenue grew from $41K to $44K (+6%), with total assets most recently reported at $44K.
Interactive year-over-year charts and full filing details available with membership.