Overview
What is Nodak Electric Trust?
Nodak Electric Trust is a charitable initiative spearheaded by members of Nodak Electric cooperative. Members voluntarily round up their monthly electricity bill payments to the nearest dollar, with the excess funds accumulated being distributed to individuals and nonprofit organizations in need. This endeavor serves as a means of community support and aid, functioning as a trust dedicated to making a positive impact in the local area.
Is Nodak Electric Trust legitimate?
Nodak Electric Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nodak Electric 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 Nodak Electric Trust?
The Nodak Electric Trust, established by the members of Nodak Electric cooperative, operates as a charitable trust. They round up their monthly electric bills to the nearest dollar, accumulating these funds. Subsequently, these resources are distributed to individuals and nonprofit organizations in need, serving as a means of assistance during times of hardship.
Who is the CEO of Nodak Electric Trust?
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What is the revenue of Nodak Electric Trust?
Nodak Electric Trust's revenue in 2021 was $49,665.
Who are the executives of Nodak Electric Trust and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990EZ for Nodak Electric Trust?
Nodak Electric Trust's most recent form 990EZ was submitted in 2021 and can be accessed here.
Mission Statement of Nodak Electric Trust
Nodak Electric Trust, a charitable trust established by the members of Nodak Electric cooperative, operates with a mission to support individuals and nonprofit organizations in need. This is achieved by rounding up their monthly electric bills to the nearest dollar and pooling these funds. The disbursed funds are then distributed to those in need, furthering the mission of Nodak Electric Trust to contribute positively to its community.
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Impact
August, 2024
Nodak Electric Trust's impact lies in its ability to provide crucial financial assistance to individuals and nonprofits in need. Through the collective effort of Nodak Electric cooperative members rounding up their monthly electric bills, the trust gathers funds that are then distributed to support various philanthropic causes. This initiative serves as a tangible demonstration of community generosity and solidarity, making a real difference in the lives of those facing challenges or hardship.
This information is meant to be a general summary of Nodak Electric 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 2021.
- Gross Receipts: $49,665
Assets and Liabilities:
- Total Assets: $12,767
- Total Liabilities: $0
- Net Assets: $12,767
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Organization Details
Phone
(701) 746-4461Main Address
PO Box 13000 4000 32nd Ave S, Grand Forks, ND, 58208
NTEE Category
Code: T123 - Philanthropy
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