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Laclede Electric Trust Inc

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

EIN: 431773194 ✦ Lebanon, MO ✦ Designated as a 501(c)(3)

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Overview

What is Laclede Electric Trust Inc?

Laclede Electric Trust Inc is a charitable organization situated in Lebanon, Missouri. Its primary function involves distributing funds to both individuals and non-profit organizations. In the year 2020 alone, the trust granted assistance to seventeen individuals, families, and senior citizens, providing aid for various necessities such as utilities, housing, transportation, medical expenses, and food. Furthermore, Laclede Electric Trust Inc also contributed funds to fourteen community organizations, supporting their programs and operations. This nonprofit organization serves as a substantial source of aid, enhancing the living conditions and well-being of its community members.

Is Laclede Electric Trust Inc legitimate?

Laclede Electric Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laclede Electric Trust 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 Laclede Electric Trust Inc?

Laclede Electric Trust Inc's mission involves distributing funds to individuals and non-profit organizations. In particular, the trust provides financial assistance to individuals and families for utilities, housing, transportation, medical needs, and food. Additionally, the trust grants funds to community organizations for their programs and operations. By doing so, Laclede Electric Trust Inc aims to support those in need and contribute to the well-being of the local community.

Who is the CEO of Laclede Electric Trust Inc?

Wilma Hutsell is the President of Laclede Electric Trust Inc.

What is the revenue of Laclede Electric Trust Inc?

Laclede Electric Trust Inc's revenue in 2022 was $114,693.

Who are the executives of Laclede Electric Trust Inc and what are their salaries?


Here are 8 key members and their salaries:


Wilma Hutsell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Meads (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Thomson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terre Boyer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Dye (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Schuster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Atkinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Rippy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Laclede Electric Trust Inc?

Laclede Electric Trust Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Laclede Electric Trust Inc

Laclede Electric Trust Inc, a non-profit entity, is dedicated to distributing funds to individuals and organizations in need. Specifically, in 2020, it provided assistance to seventeen individuals and families, helping with their utility bills, housing expenses, transportation needs, medical costs, and food provisions. Furthermore, the trust extended its aid to fourteen community organizations, supporting their programs and operations. By doing so, Laclede Electric Trust Inc plays a crucial role in alleviating financial burdens and contributing to the well-being of its recipients.

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Impact




October, 2024

Laclede Electric Trust Inc has a significant impact on the community by providing essential financial support to individuals and families in need. In 2020, the trust awarded seventeen grants that helped alleviate burdens related to utilities, housing, transportation, medical expenses, and food security for vulnerable populations, including senior citizens.

Additionally, the trust contributes to the overall well-being of the community by funding fourteen local organizations. These grants enable programs and operations that serve various needs, fostering stronger community ties and enhancing the quality of life in Lebanon, MO. The trust's commitment to philanthropy ensures a safety net for those facing hardships while bolstering the efforts of community organizations dedicated to supporting their neighbors.




This information is meant to be a general summary of Laclede Electric Trust 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
$114,693 (2022)
Expenses
$137,717 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $256
  • Gross Receipts: $114,693

Assets and Liabilities:

  • Total Assets: $48,752
  • Total Liabilities: $0
  • Net Assets: $48,752

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Organization Details

Principal Officer

Wilma Hutsell

Main Address

PO BOX M, LEBANON, MO, 65536

NTEE Category

Code: T30 - Philanthropy

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