Beaver County Electrical Welfare Corporation
- Assets
- $168.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beaver, PA
- Founding
- 12/1962
- Data as of
- 12/2020
- EIN
- 25-6066833
Organization Overview
Beaver County Electrical Welfare Corporation is located in Beaver, PA. The organization was established in 1962. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beaver County Electrical Welfare Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2020, Beaver County Electrical Welfare Corporation generated $167.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $177.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A PLACE OF OCCUPANCY AND MAINTENANCE OF THE BUILDING AND GROUNDS OF THE LOCAL IBEW.
TO PROVIDE A PLACE OF OCCUPANCY AND MAINTENANCE OF THE BUILDING AND GROUNDS OF THE LOCAL IBEW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Neal Trustee | 1 | $250 | |
Jason E Taylor Trustee | 1 | $225 | |
Douglas M Wilcox Trustee | 1 | $200 | |
Matthew Malagise Trustee | 1 | $200 | |
Richard Halicek Trustee | 1 | $175 | |
John A Kochanowski Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $167,613 |
| Membership dues | $0 |
| Investment income | $41 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $167,654 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $69,749 |
| Professional fees and other payments to independent contractors | $6,050 |
| Occupancy, rent, utilities, and maintenance | $101,552 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50 |
| Total expenses | $177,401 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,168 |
| Other assets | $0 |
| Total assets | $168,761 |
| Total liabilities | $10,451 |
| Net assets or fund balances | $158,310 |
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|---|---|---|
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