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Nueces Electric Charities Inc

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

EIN: 742756238 ✦ Robstown, TX ✦ Designated as a 501(c)(3)

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Overview

What is Nueces Electric Charities Inc?

Nueces Electric Charities Inc, established in Robstown, Texas, is a philanthropic organization affiliated with Nueces Electric Cooperative. Their primary objective is to enhance the living standards of residents within their service area through the distribution of voluntary contributions from their members. In 2020, they demonstrated their commitment by granting funds to 26 charitable organizations, thereby extending their reach and impact within the community.


Official website here: www.nueceselectric.org/grants

Is Nueces Electric Charities Inc legitimate?

Nueces Electric Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nueces Electric Charities 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.


Official website here: www.nueceselectric.org/grants

What is the mission statement of Nueces Electric Charities Inc?

Nueces Electric Charities, as a non-profit organization, is committed to enhancing the lives of its community members. Located elsewhere, the details of its specific location are not provided. The organization achieves this by distributing funds that have been voluntarily contributed by its members. In 2020, they extended their support to 26 different charitable organizations. The primary goal of Nueces Electric Charities is to improve the overall quality of life within the service area of Nueces Electric Cooperative.


Official website here: www.nueceselectric.org/grants

Who is the CEO of Nueces Electric Charities Inc?

Donald Wayne Herrmann is the President of Nueces Electric Charities Inc.


Official website here: www.nueceselectric.org/grants

What is the revenue of Nueces Electric Charities Inc?

Nueces Electric Charities Inc's revenue in 2022 was $151,504.


Official website here: www.nueceselectric.org/grants

Who are the executives of Nueces Electric Charities Inc and what are their salaries?


Here are 3 key members and their salaries:


Donald Wayne Herrmann (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Truesdale (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rumaldo Juarez (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nueceselectric.org/grants

Where can I find the form 990EZ for Nueces Electric Charities Inc?

Nueces Electric Charities Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.nueceselectric.org/grants

Learn more at the official website: www.nueceselectric.org/grants

Mission Statement of Nueces Electric Charities Inc

Nueces Electric Charities, a non-profit organization, is committed to enhancing the living standards of its community members within the service area of Nueces Electric Cooperative. They achieve this by distributing funds voluntarily contributed from their member base. In 2020, they extended their assistance to 26 different charitable organizations, demonstrating their dedication to bettering the lives of those in need. By voluntarily contributing from their members, Nueces Electric Charities acts as a bridge, connecting resources with the community they serve, thereby improving the overall quality of life.

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Impact




October, 2024

Nueces Electric Charities Inc significantly enhances the quality of life for residents in the Robstown, TX area. By distributing funds contributed voluntarily by Nueces Electric Cooperative members, the organization plays a crucial role in supporting local charitable initiatives. In 2020 alone, Nueces Electric Charities provided grants to 26 different organizations, enabling them to address various community needs and promote well-being. Their efforts foster a spirit of philanthropy, empowering local non-profits to make a positive impact on those they serve and strengthening the social fabric of the region.




This information is meant to be a general summary of Nueces Electric Charities 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
$151,504 (2022)
Expenses
$147,000 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $151,504

Assets and Liabilities:

  • Total Assets: $63,355
  • Total Liabilities: $7,500
  • Net Assets: $55,855

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Organization Details

Principal Officer

Donald Wayne Herrmann

Main Address

14353 COOPERATIVE AVE, ROBSTOWN, TX, 78380

NTEE Category

Code: T31 - Philanthropy

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