Overview
What is Mille Lacs Energy Community Trust?
Mille Lacs Energy Community Trust is a nonprofit organization that operates with funds primarily sourced from members of Mille Lacs Energy Cooperative through their voluntary contribution program named Operation Round Up. This trust has a mission to distribute funds for charitable and educational purposes, contributing to various causes within the community. In the year 2021, the trust made 48 distributions to support various initiatives.
Is Mille Lacs Energy Community Trust legitimate?
Mille Lacs Energy Community Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mille Lacs Energy Community Trust 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 Mille Lacs Energy Community Trust?
The Mille Lacs Energy Community Trust, funded by the Operation Round Up program of Mille Lacs Energy Cooperative members, disburses funds for charitable and educational purposes. Its mission is centered around distributing funds to various causes, contributing to the betterment of communities. In 2021, the trust made 48 such distributions, demonstrating its commitment to this cause. The organization's activities are primarily focused on providing financial aid for charitable and educational projects, emphasizing the importance of community support and development.
Who is the CEO of Mille Lacs Energy Community Trust?
Charles Schotzko is the President of Mille Lacs Energy Community Trust.
What is the revenue of Mille Lacs Energy Community Trust?
Mille Lacs Energy Community Trust's revenue in 2022 was $79,293.
Who are the executives of Mille Lacs Energy Community Trust and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990EZ for Mille Lacs Energy Community Trust?
Mille Lacs Energy Community Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Mille Lacs Energy Community Trust
Mille Lacs Energy Community Trust, a nonprofit organization, is dedicated to disbursing funds for charitable and educational purposes. This mission is made possible through Operation Round Up, a voluntary contribution program supported by members of Mille Lacs Energy Cooperative. In the year 2021, the trust made 48 distributions, demonstrating its commitment to supporting various causes and initiatives.
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Impact
August, 2024
Mille Lacs Energy Community Trust's impact is evident through its charitable and educational contributions in the Aitkin, MN community. The organization disburses funds for various purposes, supporting local initiatives and projects that benefit the community. Through the Operation Round Up program, members of Mille Lacs Energy Cooperative voluntarily contribute to the trust, enabling it to make a positive difference in the lives of individuals and organizations. In 2021 alone, the trust made 48 distributions, demonstrating its commitment to philanthropy and community support.
This information is meant to be a general summary of Mille Lacs Energy Community 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 2022.
- Gross Receipts: $79,293
Assets and Liabilities:
- Total Assets: $7,785
- Total Liabilities: $0
- Net Assets: $7,785
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Organization Details
Phone
(218) 927-2191Principal Officer
Charles Schotzko
Main Address
PO BOX 230, AITKIN, MN, 564310230
NTEE Category
Code: T31 - Philanthropy
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