Overview
What is La Plata Electric Round Up Foundation?
The La Plata Electric Round Up Foundation is a community-driven initiative, established by La Plata Electric Association, Inc. and supported by its members. This nonprofit program is funded through a simple monthly round-up of electric bill payments, where members voluntarily contribute the difference between their bill and a whole dollar amount. The primary objective of this foundation is to enhance and reinforce community development within the association's service area, aiming to improve the overall quality of life.
Official website here: www.lpea.coop
Is La Plata Electric Round Up Foundation legitimate?
La Plata Electric Round Up Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Plata Electric Round Up 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.
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Official website here: www.lpea.coop
What is the mission statement of La Plata Electric Round Up Foundation?
The La Plata Electric Round Up Foundation, funded by the contributions of La Plata Electric Association members, is a community service program with a primary objective to support causes within its service territory. The organization's main purpose is to enhance the quality of life in the community. This is accomplished through the "round-up" of electric bills by members, with the extra amount contributing to the foundation's funds. The foundation's exempt purpose is to advance and support various initiatives that aim to improve the community's well-being.
Official website here: www.lpea.coop
Who is the CEO of La Plata Electric Round Up Foundation?
Jessica Matlock is the CEO of La Plata Electric Round Up Foundation The CEO's salary of La Plata Electric Round Up Foundation is $0 and their total compensation is $0.
Official website here: www.lpea.coop
What is the revenue of La Plata Electric Round Up Foundation?
La Plata Electric Round Up Foundation's revenue in 2024 was $124,772.
Official website here: www.lpea.coop
Who are the executives of La Plata Electric Round Up Foundation and what are their salaries?
Here are 14 key members and their salaries (La Plata Electric Round Up Foundation's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.lpea.coop
Where can I find the form 990EZ for La Plata Electric Round Up Foundation?
La Plata Electric Round Up Foundation's most recent form 990EZ was submitted in 2024 and can be accessed here.
Official website here: www.lpea.coop
Learn more at the official website: www.lpea.coop
Mission Statement of La Plata Electric Round Up Foundation
La Plata Electric Round Up Foundation is a community-driven organization, established through La Plata Electric Association, Inc., and funded by its members. The foundation's primary mission is to enrich the quality of life within its service territory by backing causes that align with this purpose. Members contribute to this mission by rounding up their electric bill payments to the nearest whole dollar each month. The funds collected are then utilized to support various initiatives aimed at improving the community. The La Plata Electric Round Up Foundation serves as a testament to the collective power of community members coming together to make a difference.
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Impact
October, 2024
The La Plata Electric Round Up Foundation significantly enhances the quality of life in its community by funding various initiatives through a unique program that allows members to "round-up" their electric bills. This grassroots funding approach enables the foundation to support diverse causes within the service territory, with a strong emphasis on education.
By pooling small contributions from many members, the foundation can provide meaningful financial assistance to local projects and organizations that align with its mission. This collective effort fosters a sense of community ownership and participation, empowering residents in Durango, CO, and surrounding areas to address pressing needs and invest in their future. As a result, the foundation not only uplifts individuals and families but also plays a crucial role in fostering community development, enhancing educational opportunities, and enriching overall quality of life.
This information is meant to be a general summary of La Plata Electric Round Up 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 2024.
- Investment Income: $358
- Gross Receipts: $124,772
Assets and Liabilities:
- Total Assets: $57,676
- Total Liabilities: $0
- Net Assets: $57,676
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Organization Details
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