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Verendrye Electric Trust Inc

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

EIN: 450442077 ✦ Velva, ND ✦ Designated as a 501(c)(3)

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Overview

What is Verendrye Electric Trust Inc?

Verendrye Electric Trust Inc is a nonprofit organization situated within the service area of Verendrye Electric Cooperative. Their primary mission involves raising and distributing funds for various beneficial causes, such as charitable, educational, health, safety, and scientific initiatives. By doing so, they aim to positively impact their community, contributing to a better quality of life for its residents.


Official website here: www.verendrye.com

Is Verendrye Electric Trust Inc legitimate?

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


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.verendrye.com

What is the mission statement of Verendrye Electric Trust Inc?

Verendrye Electric Trust Inc's mission involves raising and distributing funds for various charitable, educational, health, safety, and scientific purposes within the service area of Verendrye Electric Cooperative. This organization operates with the goal of contributing to the betterment of its community, focusing on various essential aspects that can positively impact the lives of its inhabitants. The trust's activities are centered around supporting initiatives that promote well-being, knowledge, and advancement, thus fostering a more prosperous and secure community.


Official website here: www.verendrye.com

What is the revenue of Verendrye Electric Trust Inc?

Verendrye Electric Trust Inc's revenue in 2023 was $69,189.


Official website here: www.verendrye.com

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

Here are 5 key members and their salaries:


David Norton (President)
  • Compensation: $25
  • Related: $0
  • Other: $0
Ashley Bruner (Vice President)
  • Compensation: $75
  • Related: $0
  • Other: $0
Kristi Howe (Secretary)
  • Compensation: $75
  • Related: $0
  • Other: $0
Laurie Dannewitz (Treasurer)
  • Compensation: $75
  • Related: $0
  • Other: $0
Sandra Hanretty (Director)
  • Compensation: $75
  • Related: $0
  • Other: $0


Official website here: www.verendrye.com

Where can I find the form 990EZ for Verendrye Electric Trust Inc?

Verendrye Electric Trust Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.verendrye.com

Learn more at the official website: www.verendrye.com

Mission Statement of Verendrye Electric Trust Inc

Verendrye Electric Trust is a dedicated nonprofit organization that serves a specific purpose within the area of Verendrye Electric Cooperative. Its primary mission is to collect and distribute funds for various charitable, educational, health, safety, and scientific initiatives. By doing so, it aims to positively impact the community within its scope, contributing to a better quality of life for its residents. The Trust's activities are geared towards promoting growth and development in these key areas, ensuring that resources are allocated effectively and efficiently to make a meaningful impact.

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Impact




August, 2024

Verendrye Electric Trust Inc raises and distributes funds for charitable, educational, health, safety, and scientific purposes within Verendrye Electric Cooperative's service area. Their impact can be seen in the support they provide to various community initiatives and programs that benefit the residents in VELVA, North Dakota. Through their philanthropic efforts, Verendrye Electric Trust Inc contributes to the betterment of the community by addressing crucial needs and promoting overall well-being.




This information is meant to be a general summary of Verendrye 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
$69,189 (2023)
Expenses
$74,405 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $69,189

Assets and Liabilities:

  • Total Assets: $35,472
  • Total Liabilities: $0
  • Net Assets: $35,472

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Organization Details

Principal Officer

David Norton

NTEE Category

Code: T30 - Philanthropy

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