Overview
What is Powder River Energy Corporationfoundation Inc?
Powder River Energy Corporation Foundation Inc is a nonprofit entity based in Sundance, Wyoming. Established with a mission to contribute to charitable causes, the foundation has been granting funds and scholarships to over 100 entities in the region. Their primary objective is to enhance the lives of individuals and families in northeast Wyoming, ultimately benefiting more than 40,000 people. The foundation's work is centered around accumulating and distributing funds for charitable purposes, reflecting its dedication to supporting the local community.
Official website here: www.precorp.coop
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Powder River Energy Corporation Foundation Inc has received a commendable Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance. The organization boasts a high degree of independence in its board, with 100% of its members being independent, which contributes to its overall governance. Additionally, it has achieved perfect scores in several areas, including financial statements oversight and asset management.
The foundation demonstrates a strong commitment to financial health, evidenced by a low liabilities to assets ratio of 0.00% and a program expense ratio of 67.89%. These figures indicate that a significant portion of its resources is directed towards its programs rather than administrative costs. However, there are areas for improvement, particularly the absence of policies on whistleblowing and document retention, as well as not posting its tax form on its website, which could enhance transparency.
Overall, while Powder River Energy Corporation Foundation Inc exhibits strong financial health and governance practices, addressing the noted deficiencies in policy documentation would further strengthen its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Powder River Energy Corporationfoundation Inc legitimate?
Powder River Energy Corporationfoundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Powder River Energy Corporationfoundation Inc 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: $0
For more financial information, click here
Official website here: www.precorp.coop
What is the mission statement of Powder River Energy Corporationfoundation Inc?
The mission of Powder River Energy Corporation Foundation, Inc. involves demonstrating a commitment to bettering the lives of individuals and supporting non-profit or charitable organizations in their community. This is achieved by distributing funds for charitable purposes. As a result, the foundation has extended aid to over 100 entities, ultimately improving the quality of life for more than 40,000 individuals and families in northeast Wyoming. The foundation's grants and scholarships serve to provide services and assistance to communities in need.
Official website here: www.precorp.coop
Who is the CEO of Powder River Energy Corporationfoundation Inc?
Joseph Roth is the Executive Director of Powder River Energy Corporationfoundation Inc.
Official website here: www.precorp.coop
What is the revenue of Powder River Energy Corporationfoundation Inc?
Powder River Energy Corporationfoundation Inc's revenue in 2022 was $578,037.
Official website here: www.precorp.coop
Who are the executives of Powder River Energy Corporationfoundation Inc and what are their salaries?
There 15 volunteers at Powder River Energy Corporationfoundation Inc.
Here are 10 key members and their salaries:
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- Related: $157,000
- Other: $89,647
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Official website here: www.precorp.coop
Where can I find the form 990 for Powder River Energy Corporationfoundation Inc?
Powder River Energy Corporationfoundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.precorp.coop
Learn more at the official website: www.precorp.coop
Mission Statement of Powder River Energy Corporationfoundation Inc
The Powder River Energy Corporation Foundation, Inc. is committed to making a positive impact in the lives of individuals and charitable organizations in northeast Wyoming. Their mission is to demonstrate their dedication by offering financial assistance, aiming to enhance the quality of life for the community and directly aid over 40,000 individuals and families in the region. This nonprofit organization actively grants funds to various entities, ensuring that these resources contribute to improving the community and providing essential services.
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Impact
July, 2024
Powder River Energy Corporation Foundation Inc has a significant impact on the communities of northeast Wyoming. By accumulating and distributing funds for charitable purposes, the foundation has awarded grants and scholarships to more than 100 separate entities. These funds go on to directly assist more than 40,000 individuals and families in the region. The foundation's mission is to improve the quality of life and support community service organizations in northeast Wyoming, demonstrating a commitment to helping those in need. With a focus on human services, the foundation plays a crucial role in providing essential support to the community.
This information is meant to be a general summary of Powder River Energy Corporationfoundation Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $8,276
- Gross Receipts: $627,599
Assets and Liabilities:
- Total Assets: $847,208
- Total Liabilities: $67
- Net Assets: $847,141
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Organization Details
Founding Year
2007
Phone
(307) 283-3531Principal Officer
Joseph Roth
Main Address
PO Box 930, Sundance, WY, 82729
Website
www.precorp.coopNTEE Category
Code: P60 - Human services
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