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Bandera Electric Charitable Foundation

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

EIN: 473758376 ✦ Bandera, TX ✦ Designated as a 501(c)(3)

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Overview

What is Bandera Electric Charitable Foundation?

Bandera Electric Charitable Foundation is a philanthropic organization that leverages donations to foster community development within the service area of Bandera Electric Cooperative. Their primary focus includes supporting various projects in education, youth programs, disaster relief, and health initiatives. In 2022, they distributed funds to approximately 18 organizations, contributing to a range of initiatives. Furthermore, they extended financial assistance to aid in disaster relief efforts.


Official website here: www.banderaelectric.com/en-us/foundation

Is Bandera Electric Charitable Foundation legitimate?

Bandera Electric Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bandera Electric Charitable Foundation 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.


Official website here: www.banderaelectric.com/en-us/foundation

What is the mission statement of Bandera Electric Charitable Foundation?

The Bandera Electric Charitable Foundation uses the funds it collects to fund community service projects, education and youth programs, disaster relief, and health initiatives. The organization supports various organizations within its operational area by providing financial assistance for their initiatives. In 2022, the foundation disbursed funds to approximately 18 organizations for their respective projects. Moreover, the foundation also contributes to disaster relief efforts by distributing financial aid.


Official website here: www.banderaelectric.com/en-us/foundation

Who is the CEO of Bandera Electric Charitable Foundation?

Toba Wright is the President of Bandera Electric Charitable Foundation.


Official website here: www.banderaelectric.com/en-us/foundation

What is the revenue of Bandera Electric Charitable Foundation?

Bandera Electric Charitable Foundation's revenue in 2022 was $90,042.


Official website here: www.banderaelectric.com/en-us/foundation

Who are the executives of Bandera Electric Charitable Foundation and what are their salaries?


Here are 6 key members and their salaries:


Bill Hetherington (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toba Wright (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Davis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Curlee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.banderaelectric.com/en-us/foundation

Where can I find the form 990EZ for Bandera Electric Charitable Foundation?

Bandera Electric Charitable Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.banderaelectric.com/en-us/foundation

Learn more at the official website: www.banderaelectric.com/en-us/foundation

Mission Statement of Bandera Electric Charitable Foundation

The Bandera Electric Charitable Foundation is an organization that utilizes its donations to support various community service projects, education and youth programs, disaster relief, and health initiatives. The foundation's mission is to distribute funds to eligible organizations within its service area, aiming to make a positive impact in these crucial sectors. In 2022, the foundation disbursed funds to approximately 18 organizations for various initiatives, demonstrating its commitment to contributing to the community. Furthermore, the foundation also directed funds towards disaster relief efforts, providing financial assistance when needed. By supporting these initiatives, the Bandera Electric Charitable Foundation plays a significant role in enhancing the well-being of its community.

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Impact




October, 2024

Bandera Electric Charitable Foundation significantly impacts its community by supporting a variety of crucial programs and initiatives. Through donations, the foundation funds community service projects, education, youth programs, health initiatives, and disaster relief efforts within the Bandera Electric Cooperative service area. In 2022 alone, it allocated funds to approximately 18 organizations, enhancing local resources and support systems. Additionally, a portion of these funds was directed specifically toward financial assistance for disaster relief, demonstrating a commitment to helping those in need during critical times. The foundation plays a vital role in fostering community resilience and promoting well-being among residents in Bandera, Texas.




This information is meant to be a general summary of Bandera Electric Charitable Foundation. 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
$90,042 (2022)
Expenses
$129,847 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $123,644

Assets and Liabilities:

  • Total Assets: $50,522
  • Total Liabilities: $0
  • Net Assets: $50,522

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Organization Details

Principal Officer

Toba Wright

Main Address

3172 STATE HIGHWAY 16N, BANDERA, TX, 780033372

NTEE Category

Code: P20 - Human services

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