Overview
What is Matanuska Electric Association Charitable Trust?
The Matanuska Electric Association Charitable Trust is a nonprofit organization committed to providing financial aid to individuals and eligible organizations. Their primary mission involves supporting those in need by covering expenses related to food, shelter, clothing, health requirements, and education. Additionally, they offer financial and/or physical assistance to section 501(c)(3) non-profit organizations. An innovative approach they employ is Operation Roundup, where members who do not opt out have their utility bills rounded up to the nearest dollar. The extra change collected is then distributed to those in need within the community. While specific details about the schedule or general information are not provided, it can be inferred that the Matanuska Electric Association Charitable Trust aims to uplift the less fortunate and support charitable organizations in the region.
Is Matanuska Electric Association Charitable Trust legitimate?
Matanuska Electric Association Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Matanuska Electric Association Charitable Trust 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
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What is the mission statement of Matanuska Electric Association Charitable Trust?
The Matanuska Electric Association Charitable Trust's mission is centered around providing assistance to individuals and eligible organizations. This aid is primarily focused on essential needs such as food, shelter, clothing, and health services. Moreover, the trust also extends financial and/or physical support to section 501(c)(3) non-profit organizations. An innovative program called "Operation Roundup" is a part of their operations, where members' utility bills are rounded up to the next dollar. The collected round-up funds are then distributed to the needy within the community.
Who is the CEO of Matanuska Electric Association Charitable Trust?
David Dahams is the Chairman of Matanuska Electric Association Charitable Trust.
What is the revenue of Matanuska Electric Association Charitable Trust?
Matanuska Electric Association Charitable Trust's revenue in 2021 was $218,262.
Who are the executives of Matanuska Electric Association Charitable Trust and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Matanuska Electric Association Charitable Trust?
Matanuska Electric Association Charitable Trust's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Matanuska Electric Association Charitable Trust
Matanuska Electric Association Charitable Trust is an organization dedicated to providing financial assistance to individuals and other charitable organizations. Their mission involves offering support in the areas of food, shelter, clothing, and health needs. Furthermore, they extend their aid to non-profit organizations by providing them with financial and/or physical assistance. One of their notable initiatives is the Operation Roundup program, where members who opt not to round down their electricity bills have their excess change collected and distributed to those in need. This trust serves as a valuable resource for individuals and organizations seeking financial support, contributing to the well-being of their communities.
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Impact
October, 2024
Matanuska Electric Association Charitable Trust significantly impacts the community by providing essential financial support for food, shelter, clothing, and health needs. Through programs like Operation Roundup, the trust collects small contributions from members' rounded-up utility bills, allowing these funds to be distributed to individuals and organizations in need.
This initiative enables the trust to assist a diverse range of beneficiaries, including those facing financial hardships and charitable organizations that serve the community. By addressing vital needs such as education, health, and basic necessities, the trust plays a crucial role in enhancing the quality of life for many residents in Palmer, AK, and surrounding areas. The cumulative effect of these efforts fosters a stronger, more resilient community by ensuring that support reaches those who need it most.
This information is meant to be a general summary of Matanuska Electric Association Charitable Trust. 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 2021.
- Gross Receipts: $218,262
Assets and Liabilities:
- Total Assets: $252,751
- Total Liabilities: $124,743
- Net Assets: $128,008
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Organization Details
Founding Year
2021
Principal Officer
David Dahams
Main Address
P O BOX 2929, Palmer, AK, 996452929
NTEE Category
Code: T30 - Philanthropy
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