Presque Isle Electric & Gas Communities First Fund
- Assets
- $112.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Onaway, MI
- Founding
- 12/1997
- Data as of
- 12/2022
- EIN
- 38-3375631
Organization Overview
Presque Isle Electric & Gas Communities First Fund is located in Onaway, MI. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Presque Isle Electric & Gas Communities First Fund 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, Presque Isle Electric & Gas Communities First Fund generated $57.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $56.4k during the year ending 12/2022. While expenses have increased by 1.7% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gloria Adrian Director | 0 | $0 | |
Daryln Barton Chairperson | 0 | $0 | |
Peter Redmond Director | 0 | $0 | |
Naomi Deo Vice Chairpe | 0 | $0 | |
Ann Douglas Director | 0 | $0 | |
Elias Taratuta Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,217 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $103 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,320 |
| 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 | $3,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,526 |
| Total expenses | $56,380 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,493 |
| Other assets | $0 |
| Total assets | $112,794 |
| Total liabilities | $0 |
| Net assets or fund balances | $112,794 |