Overview
What is Jefferson Energy Cooperative Foundation Inc?
Jefferson Energy Cooperative Foundation Inc is a charitable organization based in Wrens, Georgia. Established with the intent to accumulate and distribute funds, its mission is primarily focused on serving the area covered by Jefferson Energy Cooperative, Inc. The foundation's operations are aimed at contributing to charitable causes within this service area, making a positive impact in the local community.
Official website here: www.see schedule o
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating
Jefferson Energy Cooperative Foundation Inc has earned a solid Three-Star rating from Charity Navigator, reflecting an Accountability & Finance score of 88%. This rating indicates a strong commitment to transparency and responsible financial management. The evaluation is based entirely on accountability and finance metrics, emphasizing the foundation’s adherence to ethical standards and effective governance.
The organization showcases notable strengths, including a board composed entirely of independent members and robust oversight practices. It scored full marks in several categories, such as financial statements, material diversion of assets, and program expense ratios, demonstrating prudent financial stewardship. The foundation has also implemented effective policies around conflict of interest and has maintained clear documentation of board meeting minutes.
However, there are some areas for improvement, particularly the absence of a whistleblower policy, which received a score of zero. While the organization fares well in most aspects of accountability, addressing this gap could enhance its governance framework and bolster stakeholder confidence further. Overall, Jefferson Energy Cooperative Foundation Inc demonstrates strong financial health and integrity, making it a reliable nonprofit in its sector.
This AI summary has been generated from information found on Charity Navigator.
Is Jefferson Energy Cooperative Foundation Inc legitimate?
Jefferson Energy Cooperative Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jefferson Energy Cooperative Foundation 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.
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Official website here: www.see schedule o
What is the mission statement of Jefferson Energy Cooperative Foundation Inc?
The Jefferson Energy Cooperative Foundation Inc. is established with a mission to accumulate and distribute funds for charitable purposes within its operational area. This foundation operates with the primary goal of contributing to the betterment of its community by allocating funds for beneficial causes. While the specific areas of focus are not provided in the information, it is clear that the foundation aims to serve its community through charitable activities.
Official website here: www.see schedule o
Who is the CEO of Jefferson Energy Cooperative Foundation Inc?
Ann Brinkman is the Chair of Jefferson Energy Cooperative Foundation Inc.
Official website here: www.see schedule o
What is the revenue of Jefferson Energy Cooperative Foundation Inc?
Jefferson Energy Cooperative Foundation Inc's revenue in 2023 was $598,265.
Official website here: www.see schedule o
Who are the executives of Jefferson Energy Cooperative Foundation Inc and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.see schedule o
Where can I find the form 990 for Jefferson Energy Cooperative Foundation Inc?
Jefferson Energy Cooperative Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.see schedule o
Learn more at the official website: www.see schedule o
Mission Statement of Jefferson Energy Cooperative Foundation Inc
Jefferson Energy Cooperative Foundation Inc, as its mission states, is established with the primary objective of collecting and distributing funds for charitable purposes within its service area. The foundation serves as a philanthropic entity, dedicated to contributing to the betterment of its community. Its purpose is to accumulate funds and then disburse them in a manner that benefits those in need, thereby fulfilling its charitable mandate. This mission is instrumental in uplifting the community it serves, by providing financial support for various initiatives that promote social welfare and community development.
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Impact
July, 2024
Jefferson Energy Cooperative Foundation Inc makes a significant impact by accumulating and disbursing funds for charitable purposes within the service area of Jefferson Energy Cooperative, Inc. This philanthropic endeavor plays a crucial role in supporting the community and providing assistance where it is needed most in Wrens, GA. Through its mission, the foundation contributes to the well-being and development of the local area, demonstrating a commitment to making a positive difference in the lives of those it serves.
This information is meant to be a general summary of Jefferson Energy Cooperative 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $34,984
- Gross Receipts: $662,882
Assets and Liabilities:
- Total Assets: $1,059,683
- Total Liabilities: $0
- Net Assets: $1,059,683
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Organization Details
Founding Year
2004
Phone
(706) 547-2167Principal Officer
Ann Brinkman
Main Address
POBOX 457, WRENS, GA, 30833
Website
www.see schedule oNTEE Category
Code: T30 - Philanthropy
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