Overview
What is Northeast Oklahoma Electric Cooperative Foundation?
The Northeast Oklahoma Electric Cooperative Foundation is a benevolent organization, established for charitable and philanthropic pursuits. It collects funds through a round-up program, where participating Northeast Oklahoma Electric Cooperative customers' bills are rounded up to the nearest dollar, with the excess amount transferred to the Foundation. This accumulated money is then distributed to a variety of individuals, family units, groups, organizations, and charities, or similar entities, serving as a source of support for numerous beneficiaries.
Is Northeast Oklahoma Electric Cooperative Foundation legitimate?
Northeast Oklahoma Electric Cooperative Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeast Oklahoma Electric Cooperative 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.
What is the mission statement of Northeast Oklahoma Electric Cooperative Foundation?
The Northeast Oklahoma Electric Cooperative Foundation is established with a charitable and philanthropic purpose. Its primary objective is to distribute funds to individuals, families, organizations, and charities. This is achieved through a fundraising program where Northeast Oklahoma Electric Cooperative customers round up their bills to the nearest dollar, with the excess amount transferred to the Foundation. The Foundation then utilizes these funds to provide support to various beneficiaries, including individuals, organizations, families, and charities, emulating the spirit of giving and community service.
Who is the CEO of Northeast Oklahoma Electric Cooperative Foundation?
Od Baker is the President of Northeast Oklahoma Electric Cooperative Foundation.
What is the revenue of Northeast Oklahoma Electric Cooperative Foundation?
Northeast Oklahoma Electric Cooperative Foundation's revenue in 2022 was $156,226.
Who are the executives of Northeast Oklahoma Electric Cooperative Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990EZ for Northeast Oklahoma Electric Cooperative Foundation?
Northeast Oklahoma Electric Cooperative Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Northeast Oklahoma Electric Cooperative Foundation
The Northeast Oklahoma Electric Cooperative Foundation, established for charitable and philanthropic purposes, is dedicated to distributing funds to individuals, families, organizations, and charities. They accomplish this mission through a unique fundraising program where participating Northeast Oklahoma Electric Cooperative customers round up their bills to the nearest dollar, and the excess funds are transferred to the Foundation for distribution. This nonprofit organization uses these resources to support various individuals, groups, and organizations in need, contributing significantly to their well-being.
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Impact
October, 2024
The Northeast Oklahoma Electric Cooperative Foundation plays a vital role in enhancing the well-being of the community by providing essential support through charitable initiatives. By rounding up electric bills to the nearest dollar, it generates funds that are distributed to individuals, families, groups, and organizations in need. This grassroots approach to fundraising fosters a sense of unity among local residents, who collectively contribute to making a significant difference in the lives of others.
The Foundation's impact is felt across various sectors, as it actively supports a diverse range of causes. From assisting families facing financial hardships to funding community projects and local charities, the Foundation addresses pressing needs and promotes philanthropy within the region. Its commitment to charitable and philanthropic purposes ensures that funds are allocated thoughtfully, benefiting those who require assistance most. Through these efforts, the Northeast Oklahoma Electric Cooperative Foundation not only strengthens community ties but also empowers individuals and organizations to thrive.
This information is meant to be a general summary of Northeast Oklahoma Electric Cooperative 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,309
- Gross Receipts: $156,226
Assets and Liabilities:
- Total Assets: $146,313
- Total Liabilities: $3,922
- Net Assets: $142,391
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Organization Details
Phone
(918) 256-9324Principal Officer
Od Baker
Main Address
PO BOX 948, VINITA, OK, 743010948
NTEE Category
Code: T30 - Philanthropy
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