Copper Valley Electric Association Community Foundation Inc
- Assets
- $431.3k
- Revenue
- $103.2k
- Investments
- $339.2k
- Employees
- 0
- Location
- Glennallen, AK
- Founding
- 09/2006
- Data as of
- 12/2021
- EIN
- 38-3737079
Organization Overview
Copper Valley Electric Association Community Foundation Inc is located in Glennallen, AK. The organization was established in 2006. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Copper Valley Electric Association Community 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 12/2021, Copper Valley Electric Association Community Foundation Inc generated $103.2k in total revenue. All expenses for the organization totaled $28.5k during the year ending 12/2021. While expenses have increased by 22.2% per year over the past 4 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 |
|---|---|---|---|
Jeff Saxe Director | 0.15 | $0 | |
Janice Maslen Vice President | 0.15 | $0 | |
Dan Stowe President | 0.15 | $0 | |
Mark Shorten Director | 0.15 | $0 | |
Yvette Delaquito Secretary/treasurer | 0.15 | $0 | |
Paul Kildal Director | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $86,277 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,034 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,845 |
| Capital Gain Net Income | $7,845 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $103,156 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $164 |
| Total operating and administrative expenses | $3,762 |
| Contributions, gifts, grants paid | $24,776 |
| Total expenses and disbursements | $28,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $92,060 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $339,214 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $431,274 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Copper Valley Electric Association Community Foundation Inc has awarded $24,776 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
VALDEZ CITY SCHOOLS - 8TH GRADE SCIENCE PURPOSE: FUNDS TO SUPPORT GUIDE SERVICES FOR 3 DAY FIELD TRIP TO KENNICOTT. | $2,800 |
Cordova, AK PURPOSE: FUNDS TO SUPPORT SALMON INCUBATION AND RELEASE PROGRAM, PROVIDES SUPPORT FOR PACIFIC SALMON DEVELOPMENT, STUDENTS' EXPERIENCE AND FIELD TRIPS | $2,500 |
VALDEZ CITY SCHOOLS - 6TH GRADE SCIENCE PURPOSE: FUNDS TO SUPPORT PROJECT WITH DIGITAL MEDIA PROFESSIONALS TO TEACH FILM PRODUCTION THROUGH PRINCIPLES OF SCIENCE. | $2,250 |
Copper Center, AK PURPOSE: FUNDS FOR IN-CLASS SCIENCE PROGRAM AND ASSISTING STUDENTS LEARNING AT HOME | $2,200 |
COPPER VALLEY HISTORICAL SOCIETY PURPOSE: FUNDS TO SUPPORT UPGRADES TO MUSEUM ANNEX | $1,300 |
VALDEZ ADVENTURE ALLIANCE PURPOSE: FUNDS FOR YOUTH ICE CLIMBING CLASSES DURING 2022 CLIMBING FESTIVAL AND WOMEN'S ADVENTURE RETREAT | $1,050 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mount Baker Foundation Bellingham, WA | $42,225,548 | $9,346,004 |
Craig And Susan Mccaw Foundation Kirkland, WA | $12,162,493 | $989,970 |
Mona Foundation Bellevue, WA | $4,431,589 | $2,318,161 |
Allen Institute For Artificial Intelligence Seattle, WA | $34,288 | $1,296,035 |
Sunbridge Foundation Seattle, WA | $16,943,375 | $1,420,322 |
Evertrust Foundation Everett, WA | $7,898,804 | $1,055,005 |
Washington Federal Foundation Seattle, WA | $444,132 | $1,000,247 |
Alaska Airlines Foundation Anchorage, AK | $9,466,696 | $1,525,965 |
Rei Cooperative Action Fund Sumner, WA | $1,772,720 | $1,772,720 |
Lily Pointe Family Foundation Snoqualmie, WA | $2,860,497 | $620,864 |
Johnson & Haefling Family Foundation Bainbridge Island, WA | $0 | $10,802 |
Huna Heritage Foundation Inc Juneau, AK | $285,957 | $448,829 |