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Cotton Electric Charitable Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200746327 ✦ Walters, OK ✦ Designated as a 501(c)(3)

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Overview

What is Cotton Electric Charitable Foundation?

The Cotton Electric Charitable Foundation, situated in Walters, Oklahoma, serves as a grantmaking public charity. Their primary purpose is to facilitate charitable donations, contributing to various causes and initiatives within their community and beyond. As a grantmaker, they distribute funds to support various projects and organizations, promoting a spirit of generosity and aid.


Official website here: www.cottonelectric.com

Is Cotton Electric Charitable Foundation legitimate?

Cotton Electric Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cotton Electric Charitable Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,699

For more financial information, click here


Official website here: www.cottonelectric.com

What is the mission statement of Cotton Electric Charitable Foundation?

The Cotton Electric Charitable Foundation, being a grantmaking public charity, is dedicated to making charitable donations. This organization's primary mission involves channeling resources towards various charitable causes. The foundation's activities are geared towards making a positive impact in the communities it serves, primarily through charitable donations. It does not specify the areas of focus or beneficiaries of these donations in the provided information.


Official website here: www.cottonelectric.com

Who is the CEO of Cotton Electric Charitable Foundation?

Jennifer Meason is the Director of Cotton Electric Charitable Foundation.


Official website here: www.cottonelectric.com

What is the revenue of Cotton Electric Charitable Foundation?

Cotton Electric Charitable Foundation's revenue in 2022 was $90,880.


Official website here: www.cottonelectric.com

Who are the executives of Cotton Electric Charitable Foundation and what are their salaries?

There 5 volunteers at Cotton Electric Charitable Foundation.


Here are 5 key members and their salaries:


Jennifer Meason (Director)
  • Compensation: $0
  • Related: $249,052
  • Other: $141,692
Shan Files (Director)
  • Compensation: $0
  • Related: $10,611
  • Other: $0
Danny Marlett (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carter Waid (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Zelbst (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cottonelectric.com

Where can I find the form 990 for Cotton Electric Charitable Foundation?

Cotton Electric Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cottonelectric.com

Learn more at the official website: www.cottonelectric.com

Mission Statement of Cotton Electric Charitable Foundation

The Cotton Electric Charitable Foundation, as a grantmaking public charity, is dedicated to the pursuit of charitable donations. This nonprofit organization's mission is centered around the distribution of resources to support various causes, demonstrating a commitment to bettering communities and individuals in need. By focusing on charitable donations, the Cotton Electric Charitable Foundation serves as a catalyst for positive change, contributing to a variety of projects and initiatives that align with its mission.

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Impact




October, 2024

The Cotton Electric Charitable Foundation significantly impacts the community through its dedicated charitable donations. By providing financial support to various programs and initiatives, it enhances the well-being of individuals and families in Walters, OK. The foundation plays a crucial role in addressing local needs, fostering community development, and improving the quality of life for residents. Through its grantmaking efforts, it empowers organizations and projects that align with its mission, contributing to a stronger, more resilient community.




This information is meant to be a general summary of Cotton Electric Charitable Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$90,880 (2022)
Expenses
$77,608 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $102,968

Assets and Liabilities:

  • Total Assets: $58,337
  • Total Liabilities: $0
  • Net Assets: $58,337

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Organization Details

Principal Officer

Jennifer Meason

Main Address

226 N BROADWAY ST, WALTERS, OK, 735721226

NTEE Category

Code: T30 - Philanthropy

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