Golden Valley Electric Foundation Inc is located in Fairbanks, AK. The organization was established in 2010. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Golden Valley Electric Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Golden Valley Electric Foundation Inc generated $154.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $163.1k during the year ending 12/2023. While expenses have increased by 0.7% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
AWARDED GRANTS TO 29 ORGANIZATIONS IN INTERIOR ALASKA TO SUPPORT THEIR ACTIVITIES WHICH BENEFITED INTERIOR RESIDENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Bunch President And Chair | 1 | $0 | |
Michael Cook Vice Chair | 1 | $0 | |
Heather Lambert Secretary | 1 | $0 | |
Bernard Gatewood Treasurer | 1 | $0 | |
Bobbie Ortiz Trustee | 1 | $0 | |
Katherine Hennigan Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $154,470 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $154,473 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $324 |
| Other expenses | $0 |
| Total expenses | $163,135 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,513 |
| Other assets | $0 |
| Total assets | $36,801 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,801 |