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South Plains Electric Trust

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

EIN: 756440983 ✦ Lubbock, TX ✦ Designated as a 501(c)(3)

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Overview

What is South Plains Electric Trust?

South Plains Electric Trust is a nonprofit organization situated in Lubbock, Texas. Its primary mission is to offer financial aid to individuals and their families within its service area, addressing electric bills, casualty losses, and medical needs. This assistance is provided through scholarships, specific aid, and contributions to local charities. The organization's activities are geared towards uplifting the community, showcasing its commitment to the well-being of its residents.


Official website here: www.spec.coop/operationroundup

Is South Plains Electric Trust legitimate?

South Plains Electric Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Plains Electric Trust 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.spec.coop/operationroundup

What is the mission statement of South Plains Electric Trust?

The South Plains Electric Trust is committed to providing financial assistance to individuals and their families. This is achieved through various means, including scholarships, specific aid, and contributions to local charities. The organization offers assistance to individuals within its service area, helping with electric bills, casualty losses, and medical needs. By doing so, it aims to support and uplift those in need, contributing to their overall well-being.


Official website here: www.spec.coop/operationroundup

Who is the CEO of South Plains Electric Trust?

Ginger Whetzel is the President of South Plains Electric Trust.


Official website here: www.spec.coop/operationroundup

What is the revenue of South Plains Electric Trust?

South Plains Electric Trust's revenue in 2022 was $233,060.


Official website here: www.spec.coop/operationroundup

Who are the executives of South Plains Electric Trust and what are their salaries?

There 9 volunteers at South Plains Electric Trust.


Here are 9 key members and their salaries:


Ginger Whetzel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrica Reynolds (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Karr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Tucker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Arthur (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Benson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Buxkemper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracey Gregory (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Potter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.spec.coop/operationroundup

Where can I find the form 990 for South Plains Electric Trust?

South Plains Electric Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.spec.coop/operationroundup

Learn more at the official website: www.spec.coop/operationroundup

Mission Statement of South Plains Electric Trust

South Plains Electric Trust is a nonprofit organization committed to providing financial assistance to individuals and their families. Its mission, in simple terms, is to extend aid through scholarships, specific assistance, and contributions to local charities. The nonprofit's primary objective is to alleviate the financial burdens of those within its scope, offering aid in various forms such as helping to cover electric bills, providing assistance in the event of casualty losses, and addressing medical needs. By doing so, South Plains Electric Trust aims to support and uplift its community, demonstrating a compassionate and caring approach to community service.

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Impact




October, 2024

South Plains Electric Trust significantly impacts its community by providing essential financial assistance to individuals and families in need. The organization offers scholarships to support education, ensuring that local students have opportunities to pursue their academic goals. Additionally, it provides specific assistance to help residents manage pressing financial challenges, including support for electric bills, casualty losses, and medical needs. Through its contributions to local charities, the Trust enhances the overall well-being of the community, fostering a supportive environment where individuals and families can thrive. By addressing critical needs and investing in education, South Plains Electric Trust plays a vital role in improving the quality of life for many residents in Lubbock, Texas.




This information is meant to be a general summary of South Plains Electric Trust. 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
$233,060 (2022)
Expenses
$267,697 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $449
  • Gross Receipts: $233,060

Assets and Liabilities:

  • Total Assets: $204,673
  • Total Liabilities: $20,500
  • Net Assets: $184,173

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Organization Details

Founding Year

1993

Principal Officer

Ginger Whetzel

Main Address

PO BOX 1830, LUBBOCK, TX, 794081830

NTEE Category

Code: P20Z - Human services

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