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Vec Customers Share Inc

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

EIN: 621861476 ✦ Decatur, TN ✦ Designated as a 501(c)(3)

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Overview

What is Vec Customers Share Inc?

Vec Customers Share Inc is a nonprofit organization situated in Decatur, Tennessee. Their primary objective is to provide financial aid to charitable and community service organizations operating within the Volunteer Energy Cooperative's service area. The organization's mission is to support these organizations in their endeavors to uplift their communities. By funding these organizations, Vec Customers Share Inc contributes to various community initiatives and services, thereby promoting a positive impact within its service territory.


Official website here: www.vec.org

Is Vec Customers Share Inc legitimate?

Vec Customers Share Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vec Customers Share Inc submitted a form 990, 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.vec.org

What is the mission statement of Vec Customers Share Inc?

Vec Customers Share Inc, a funding organization, focuses on providing support to charitable and community service organizations within its operational scope. The primary objective of Vec Customers Share is to aid these organizations in their endeavors to contribute positively to their communities. Situated beyond the scope of this summary, Vec Customers Share is based in Decatur, TN. The organization serves as a crucial financial backbone, enabling these charitable and community service organizations to fulfill their missions more effectively. By extending financial aid, Vec Customers Share contributes to the overall betterment of the communities they serve.


Official website here: www.vec.org

Who is the CEO of Vec Customers Share Inc?

Holly Neal is the Co-Chairpers of Vec Customers Share Inc.


Official website here: www.vec.org

What is the revenue of Vec Customers Share Inc?

Vec Customers Share Inc's revenue in 2022 was $333,699.


Official website here: www.vec.org

Who are the executives of Vec Customers Share Inc and what are their salaries?


Here are 15 key members and their salaries:


Norma Barham (Co-Chairpers)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Blackwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Callahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Crawford (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelli Crouch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Fowler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Galloway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Mantooth (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Neal (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Parrott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Randolph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Galen Rector (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Thackston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Whitted (Co-Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vec.org

Where can I find the form 990 for Vec Customers Share Inc?

Vec Customers Share Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vec.org

Learn more at the official website: www.vec.org

Mission Statement of Vec Customers Share Inc

Vec Customers Share, a charitable organization, dedicates its mission to providing financial assistance to various charitable and community service organizations operating within the Volunteer Energy Cooperative service territory. The primary objective of Vec Customers Share is to empower these organizations by offering them the necessary funding to effectively carry out their community service activities. By supporting these organizations, Vec Customers Share aims to contribute to the betterment of the community as a whole.

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Impact




October, 2024

Vec Customers Share Inc significantly impacts the communities within the Volunteer Energy Cooperative service territory by providing essential funding to charitable and community service organizations. Based in Decatur, TN, the organization actively supports various initiatives that address local needs, enabling these organizations to enhance their services and reach more individuals in need. By facilitating financial assistance, Vec Customers Share fosters community development, promotes social welfare, and strengthens the fabric of local neighborhoods. Their commitment to philanthropy empowers organizations to carry out vital programs, support vulnerable populations, and respond to pressing community challenges effectively.




This information is meant to be a general summary of Vec Customers Share 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
$333,699 (2022)
Expenses
$309,370 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $333,699

Assets and Liabilities:

  • Total Assets: $26,808
  • Total Liabilities: $0
  • Net Assets: $26,808

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Organization Details

Founding Year

2001

Principal Officer

Holly Neal

Main Address

PO BOX 277, DECATUR, TN, 37322

NTEE Category

Code: T30 - Philanthropy

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