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Slvrec Energy Foundation Inc

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

EIN: 264463057 ✦ Monte vista, CO ✦ Designated as a 501(c)(3)

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Overview

What is Slvrec Energy Foundation Inc?

Slvrec Energy Foundation Inc is a nonprofit organization committed to assisting low-income families in the community. Through their initiatives, they provide financial aid, distributing funds to organizations such as La Puente Outreach for covering utility bills and contributing to Care & Share Food Bank to procure a forklift. This equipment enhancement at the food bank helps in more efficient distribution of essential food items to those in need. The Slvrec Energy Foundation's mission underscores their dedication to enhancing the lives of the less fortunate in their community.

Is Slvrec Energy Foundation Inc legitimate?

Slvrec Energy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Slvrec Energy Foundation Inc submitted a form 990EZ, 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.

What is the mission statement of Slvrec Energy Foundation Inc?

The Slvrec Energy Foundation, in its mission, focuses on assisting low-income households in the community. It accomplishes this by providing financial support through various programs. Notably, funds are distributed to organizations like La Puente Outreach for aid in paying utility bills and to Care & Share Food Bank to procure a forklift, enhancing their operations. In essence, the foundation's mission is centered around alleviating the financial burdens of underprivileged households and supporting local community organizations.

Who is the CEO of Slvrec Energy Foundation Inc?

Carol Lee Dugan is the President of Slvrec Energy Foundation Inc.

What is the revenue of Slvrec Energy Foundation Inc?

Slvrec Energy Foundation Inc's revenue in 2022 was $65,668.

Who are the executives of Slvrec Energy Foundation Inc and what are their salaries?


Here are 8 key members and their salaries:


Carol Lee Dugan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keenan Anderson (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Valde3Z (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Waudby (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Creede Hargraves (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cole Wakasugi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wade Lockhart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cole Wakasugi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Slvrec Energy Foundation Inc?

Slvrec Energy Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Slvrec Energy Foundation Inc

Slvrec Energy Foundation, a philanthropic organization, is committed to supporting low-income households within the community. It achieves this mission by channeling resources towards various programs. One of its significant initiatives involves providing financial aid to La Puente Outreach. This assistance is primarily aimed at helping families manage their utility bills, ensuring they have access to essential services despite their financial constraints.

In addition to its support for La Puente Outreach, Slvrec Energy Foundation also extends its aid to Care & Share Food Bank. The foundation donates funds to enable the food bank to acquire a forklift. This equipment is crucial for the efficient operation of the food bank, enabling it to distribute food more effectively and serve a larger number of people in need. In this way, Slvrec Energy Foundation is actively contributing to the well-being of low-income households, providing them with essential utilities and ensuring they have access to nutritious food.

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Impact




August, 2024

Slvrec Energy Foundation Inc's impact is vital in supporting low-income households in the community through various programs. The foundation plays a significant role in providing assistance to those in need by distributing funds to organizations like La Puente Outreach for utility bill assistance and Care & Share Food Bank for the purchase of essential equipment like a forklift. This philanthropic initiative directly contributes to alleviating financial burdens and improving the quality of life for individuals and families facing economic challenges in the MONTE VISTA area.




This information is meant to be a general summary of Slvrec Energy Foundation 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.

Revenue
$65,668 (2022)
Expenses
$62,221 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $65,668

Assets and Liabilities:

  • Total Assets: $120,332
  • Total Liabilities: $0
  • Net Assets: $120,332

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Organization Details

Principal Officer

Carol Lee Dugan

Main Address

PO Box 3625, Monte Vista, CO, 81144

NTEE Category

Code: T30 - Philanthropy

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