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Delta-Montrose Electric Association Charitable Trust

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

EIN: 841517142 ✦ Montrose, CO ✦ Designated as a 501(c)(3)

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Overview

What is Delta-Montrose Electric Association Charitable Trust?

The Delta-Montrose Electric Association Charitable Trust, based in Montrose, Colorado, is a nonprofit organization that aims to collect and distribute funds for charitable purposes within its service area. It assists around 100 individuals and non-profit organizations by providing essential resources such as food, shelter, clothing, healthcare needs, and educational opportunities. The trust's mission is deeply rooted in its commitment to enhancing the lives of its community members, making it an essential resource in the Delta-Montrose Electric Association service area.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Star rating. This score reflects the organization's commitment to accountability and finance, with a strong focus on transparency in its operations. The charity has achieved a solid score, indicating that it effectively utilizes its resources to further its mission.

The Delta-Montrose Electric Association Charitable Trust has demonstrated robust governance practices, with a fully independent board consisting of nine members. The organization maintains a high program expense ratio of 95.92%, suggesting that a significant portion of its funds is allocated directly to its charitable activities, which is a positive indicator of its operational efficiency.

However, while the overall rating is commendable, the charity's score is based solely on its accountability and finance metrics. There may be limited information regarding its programmatic impact or effectiveness in achieving specific outcomes, which could provide a more comprehensive view of its performance. Overall, the organization displays strong financial health and governance practices, but additional insights into its programs may be beneficial.


This AI summary has been generated from information found on Charity Navigator.

Is Delta-Montrose Electric Association Charitable Trust legitimate?

Delta-Montrose Electric Association Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delta-Montrose Electric Association Charitable 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

What is the mission statement of Delta-Montrose Electric Association Charitable Trust?

The Delta-Montrose Electric Association Charitable Trust's mission is centered around accumulating and distributing funds for charitable purposes within its operational area. This organization strives to assist a significant number of individuals and non-profit organizations, providing support for essential needs such as food, shelter, clothing, health care, and education. The Trust's primary goal is to contribute positively to its community by addressing these critical areas.

Who is the CEO of Delta-Montrose Electric Association Charitable Trust?

Steve Harper is the Chair of Delta-Montrose Electric Association Charitable Trust.

What is the revenue of Delta-Montrose Electric Association Charitable Trust?

Delta-Montrose Electric Association Charitable Trust's revenue in 2022 was $59,916.

Who are the executives of Delta-Montrose Electric Association Charitable Trust and what are their salaries?

There 9 volunteers at Delta-Montrose Electric Association Charitable Trust.


Here are 9 key members and their salaries:


John N Broadbooks (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Bynum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Graham (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Harper (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Marston (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norma Miller (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Olmstead (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Powell-Case (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Weaver (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Delta-Montrose Electric Association Charitable Trust?

Delta-Montrose Electric Association Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Delta-Montrose Electric Association Charitable Trust

The Delta-Montrose Electric Association Charitable Trust is an organization dedicated to the collection and distribution of funds for charitable causes within its service area. Its mission is to provide assistance to individuals and non-profit organizations, helping with essential needs such as food, shelter, clothing, and health care, as well as supporting educational initiatives. Through its charitable efforts, the Trust aims to improve the lives of those in need, working towards a more supportive and caring community.

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Impact




August, 2024

Delta-Montrose Electric Association Charitable Trust's impact is evident in the assistance it provides to approximately 100 individuals and non-profit organizations for essential needs such as food, shelter, clothing, health, and education in the Delta-Montrose Electric Association service area. Through their accumulation and disbursement of funds, they make a tangible difference in the lives of those in need, demonstrating a commitment to supporting human services within their community.




This information is meant to be a general summary of Delta-Montrose Electric Association Charitable 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
$59,916 (2022)
Expenses
$52,170 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $76
  • Gross Receipts: $59,916

Assets and Liabilities:

  • Total Assets: $75,404
  • Total Liabilities: $0
  • Net Assets: $75,404

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Organization Details

Founding Year

1998

Principal Officer

Steve Harper

Main Address

PO BOX 910, MONTROSE, CO, 81402

NTEE Category

Code: P600 - Human services

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