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Sioux Valley Energy Customer Trust Inc

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

EIN: 460458288 ✦ Colman, SD ✦ Designated as a 501(c)(3)

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Overview

What is Sioux Valley Energy Customer Trust Inc?

Sioux Valley Energy Customer Trust Inc is a nonprofit organization dedicated to charitable giving, focusing on supporting needy individuals and organizations in six counties. Over the years, they have made significant contributions, with $125,377 paid in 2022 and $83,079 in 2021. Their primary mission is to provide financial assistance to various non-profit entities and youth programs, aiming to improve the lives of people in their local communities.

Is Sioux Valley Energy Customer Trust Inc legitimate?

Sioux Valley Energy Customer Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sioux Valley Energy Customer 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 Sioux Valley Energy Customer Trust Inc?

Sioux Valley Energy Customer Trust Inc is primarily focused on charitable giving. In 2022, they allocated $125,377 to benefit non-profit organizations, needy individuals, and youth across six counties. Similarly, in 2021, they distributed $83,079 for the same purpose. The organization's primary mission is to contribute to the betterment of these communities through charitable donations.

Who is the CEO of Sioux Valley Energy Customer Trust Inc?

Alvina Harvey is the President of Sioux Valley Energy Customer Trust Inc.

What is the revenue of Sioux Valley Energy Customer Trust Inc?

Sioux Valley Energy Customer Trust Inc's revenue in 2022 was $116,967.

Who are the executives of Sioux Valley Energy Customer Trust Inc and what are their salaries?


Here are 7 key members and their salaries:


Brenda Volkers (Director)
  • Compensation: $596
  • Related: $0
  • Other: $0
Connie Hillard (Director)
  • Compensation: $587
  • Related: $0
  • Other: $0
Alvina Harvey (President)
  • Compensation: $510
  • Related: $0
  • Other: $0
Joyce Declerk (Secretary)
  • Compensation: $504
  • Related: $0
  • Other: $0
Greg Benda (Director)
  • Compensation: $439
  • Related: $0
  • Other: $0
Dan Larock (Director)
  • Compensation: $330
  • Related: $0
  • Other: $0
Jeff Thompson (Vice President)
  • Compensation: $126
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Sioux Valley Energy Customer Trust Inc?

Sioux Valley Energy Customer Trust Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Sioux Valley Energy Customer Trust Inc

Sioux Valley Energy Customer Trust Inc, as a charitable organization, focuses on providing financial assistance to non-profits, needy individuals, and youth communities. In 2022, the organization distributed $125,377 for the betterment of six counties' residents, following a similar pattern in 2021 when they disbursed $83,079. This primary exempt purpose of the organization is centered around charitable giving, aiming to contribute positively to various sectors within these communities.

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Impact




October, 2024

Sioux Valley Energy Customer Trust Inc plays a significant role in the community through its charitable giving initiatives. In 2022, the organization provided $125,377 in funding to non-profits, needy organizations, and youth programs, impacting residents across six counties. This represents an increase from 2021, when $83,079 was distributed for similar causes. The focus on charitable contributions demonstrates a commitment to supporting local needs, enhancing the quality of life, and fostering community development in the region. By investing in various organizations and initiatives, Sioux Valley Energy Customer Trust Inc directly benefits individuals and families, promoting a sense of unity and support within the communities it serves.




This information is meant to be a general summary of Sioux Valley Energy Customer 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
$116,967 (2022)
Expenses
$128,478 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5
  • Gross Receipts: $116,967

Assets and Liabilities:

  • Total Assets: $106,953
  • Total Liabilities: $0
  • Net Assets: $106,953

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Organization Details

Principal Officer

Alvina Harvey

Main Address

PO BOX 216, COLMAN, SD, 57017

NTEE Category

Code: T21 - Philanthropy

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