Paulding Putnam Electric Trust Inc
- Assets
- $53.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paulding, OH
- Founding
- 07/2010
- Data as of
- 12/2022
- EIN
- 27-2589096
Organization Overview
Paulding Putnam Electric Trust Inc is located in Paulding, OH. The organization was established in 2010. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, 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. Paulding Putnam Electric Trust 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 12/2022, Paulding Putnam Electric Trust Inc generated $54.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $52.1k during the year ending 12/2022. While expenses have increased by 0.1% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
THE ACCUMULATION AND DISBURSEMENT OF FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA AND SURROUNDING COMMUNITIES OF PAULDING PUTNAM ELECTRIC COOPERATIVE, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Rolsten Board Chairm | 0.5 | $0 | |
George Carter Ceo-Pldg Put | 0.5 | $0 | |
Brenda Ball Secretary/tr | 0.5 | $0 | |
Bruce Bestul Vice Chairma | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,866 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,866 |
| 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 | $1,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $272 |
| Total expenses | $52,078 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,077 |
| Other assets | $0 |
| Total assets | $53,696 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,696 |
Grants Awarded
Over the last fiscal year, Paulding Putnam Electric Trust Inc has awarded $154,817 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HONOR FLIGHT OF NORTHEAST INDIANA PURPOSE: VETERANS FLIGHTS | $10,000 |
HONOR FLIGHT OF NORTHEAST INDIANA PURPOSE: VETERANS FLIGHTS | $144,817 |