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Presque Isle Electric & Gas Communities First Fund

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

EIN: 383375631 ✦ Onaway, MI ✦ Designated as a 501(c)(3)

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Overview

What is Presque Isle Electric & Gas Communities First Fund?

The Presque Isle Electric & Gas Communities First Fund is a nonprofit organization dedicated to gathering and distributing funds for charitable causes within its service area. Their initiatives primarily focus on offering financial assistance to organizations that serve vital needs such as food, shelter, clothing, and healthcare. Furthermore, they provide educational scholarships to 15 deserving individuals after high school, all in compliance with IRS regulations. This philanthropic fund actively works towards uplifting the community by addressing essential needs and fostering future education opportunities.


Official website here: www.none

Is Presque Isle Electric & Gas Communities First Fund legitimate?

Presque Isle Electric & Gas Communities First Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presque Isle Electric & Gas Communities First Fund 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.


Official website here: www.none

What is the mission statement of Presque Isle Electric & Gas Communities First Fund?

The Presque Isle Electric & Gas Communities First Fund is committed to accumulating and distributing funds for charitable purposes within its operational area. They provide grants of up to $10,000 to a variety of organizations that focus on supporting essential needs such as food, shelter, clothing, health services, and education. Furthermore, the fund offers scholarships to 15 individuals who are pursuing post-high school education. All of these activities are carried out in accordance with the guidelines set by the Internal Revenue Service.


Official website here: www.none

Who is the CEO of Presque Isle Electric & Gas Communities First Fund?

Elias Taratuta is the Treasurer of Presque Isle Electric & Gas Communities First Fund.


Official website here: www.none

What is the revenue of Presque Isle Electric & Gas Communities First Fund?

Presque Isle Electric & Gas Communities First Fund's revenue in 2022 was $57,320.


Official website here: www.none

Who are the executives of Presque Isle Electric & Gas Communities First Fund and what are their salaries?


Here are 10 key members and their salaries:


Gloria Adrian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daryln Barton (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Redmond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Naomi Deo (Vice Chairpe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Douglas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elias Taratuta (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Robinson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Sobeck (Fund Adminis)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Wong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990EZ for Presque Isle Electric & Gas Communities First Fund?

Presque Isle Electric & Gas Communities First Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Presque Isle Electric & Gas Communities First Fund

The Presque Isle Electric & Gas Communities First Fund is an organization that focuses on accumulating and distributing funds for charitable purposes within its operational area. This nonprofit entity awards grants, typically worth $10,000 or less, to a variety of organizations that contribute to the provision of essential services such as food, shelter, clothing, and healthcare. Furthermore, the fund provides scholarships to fifteen individuals, enabling them to pursue post-high school education. These charitable activities are carried out in accordance with the Internal Revenue Service-approved by-laws, reflecting the organization's commitment to supporting its community's well-being and growth.

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Impact




August, 2024

The Presque Isle Electric & Gas Communities First Fund has a significant impact on the local community by actively accumulating and disbursing funds for charitable purposes within its service area. In the past, they have awarded grants of $10,000 or less to 17 organizations that provide essential services such as food, shelter, clothing, health needs, and education. Additionally, the program has supported 15 individuals with scholarships for post-high school education. Overall, their philanthropic efforts contribute to supporting vulnerable populations and fostering educational opportunities in the community.




This information is meant to be a general summary of Presque Isle Electric & Gas Communities First Fund. 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
$57,320 (2022)
Expenses
$56,380 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $103
  • Gross Receipts: $57,320

Assets and Liabilities:

  • Total Assets: $112,794
  • Total Liabilities: $0
  • Net Assets: $112,794

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Organization Details

Principal Officer

Elias Taratuta

Main Address

PO BOX 308, ONAWAY, MI, 49765

Website

www.none

NTEE Category

Code: T22 - Philanthropy

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