Public Charity

WIREGRASS ELECTRIC COOPERATIVE INC CHARITABLE FOUNDATION INC

Based in HARTFORD, AL, WIREGRASS ELECTRIC COOPERATIVE INC CHARITABLE FOUNDATION INC operates as a Public Charity. The organization reported $165K in revenue, $145K in expenses, $85K in total assets for fiscal year 2024. Imperigo tracks 22 reported grants from this foundation totaling approximately $223K.

EIN: 474759456 HARTFORD, AL Public Foundations NTEE: T30 Latest filing: 2024
Total Revenue$165K
Total Expenses$145K
Total Assets$85K
Grants Given22
Grant Total$223K
Filing Years2019–2024

Mission

THE PURPOSE OF THE FOUNDATION SHALL BE THE ACCUMULATION OF FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF WIREGRASS ELECTRIC COOPERATIVE, INC. AND ITS SURROUNDING COMMUNITIES. THIS SHALL BE ACCOMPLISHED BY DISBURSEMENT OF THESE ACCUMULATED FUNDS OF THE FOUNDATION TO INDIVIDUALS AND ORGANIZATIONS FOR NEEDS WHICH ARE RELATED TO FOOD, SHELTER, CLOTHING, HEALTH NEEDS, ENVIRONMENTAL AND EDUCATION.

Where $100 goes at Wiregrass Electric Cooperative Inc Charitable Foundation Inc

How Wiregrass Electric Cooperative Inc Charitable Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$75 Programs the work itself
$25 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $75 for programs

$25
Assisted local non-profit organizations with various projects through the use of grant funding
33% of program spending
$19
Provided scholarships to numerous local high school seniors for college
26% of program spending
$17
Provided funding to local schools for various improvements, and learning programs
23% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

ASHFORD HIGH SCHOOL
ASHFORD, AL · 2024
HEALTH NEEDS
$12,000
SAMSON PUBLIC LIBRARY
SAMSON, AL · 2024
IMPROVEMENTS TO LIBRARY
$10,000
CITY OF GENEVA PARKS & REC
GENEVA, AL · 2024
ENVIORNMENTAL
$10,000
CITY OF GENEVA POLICE DEPARTMENT
GENEVA, AL · 2024
DUI EDUCATION PROGRAM
$9,912
DOTHAN, AL · 2024
BUILDING IMPROVEMENTS
$8,928

Showing up to 5 of 22 total records — full history available with membership.

Officers & Directors

PRESIDENT David Hall
DIRECTOR Delain Faulk
DIRECTOR Greg Yance
DIRECTOR J Everette Stewart
DIRECTOR Megan Driggers
VICE PRESIDENT Michael Gene Bailey

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$88,428 7 grants
Education
$32,439 3 grants
Health & Medicine
$12,000 1 grant
Sports & Recreation
$10,000 1 grant
Public Safety & Disaster Relief
$6,050 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $165K $145K $85K
2023 $190K $209K $78K
2022 $181K $187K $71K
2020 $150K $158K $39K
2019 $118K $121K $58K

Between 2019 and 2024, reported annual revenue grew from $118K to $165K (+40%), with total assets most recently reported at $85K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AL.

AL

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for WIREGRASS ELECTRIC COOPERATIVE INC CHARITABLE FOUNDATION INC

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