Overview
What is Choptank Electric Trust?
Choptank Electric Trust is a nonprofit organization situated in Denton, Maryland (specifically at PO Box 426). Its primary mission is to provide financial assistance for various educational and community purposes. It accepts applications from non-profit organizations, agencies, and individuals residing in specific Maryland counties, including Cecil, Kent, Queen Anne, Caroline, Talbot, Dorchester, Wicomico, Somerset, and Worcester. These funds are intended to be utilized for scholarships, educational programs, and other community projects. The trust's aim is to contribute positively to the local community by supporting its educational and developmental needs.
Is Choptank Electric Trust legitimate?
Choptank Electric Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Choptank 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
What is the mission statement of Choptank Electric Trust?
The Choptank Electric Trust accepts applications from non-profit organizations, agencies, and individuals in specific counties in Maryland for the donation of funds. These funds are intended for various community purposes, including scholarships and educational initiatives. The mission of the Choptank Electric Trust is to contribute to the betterment of these communities by providing financial support for such purposes. The organization's activities aim to enhance opportunities and resources for individuals and groups within these counties. The donations distributed by the trust are primarily utilized for scholarships and educational programs, as well as other community-related projects.
Who is the CEO of Choptank Electric Trust?
Thomas Terry is the Treasurer of Choptank Electric Trust.
What is the revenue of Choptank Electric Trust?
Choptank Electric Trust's revenue in 2022 was $319,309.
Who are the executives of Choptank Electric Trust and what are their salaries?
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $5,000
- Other: $0
- Compensation: $0
- Related: $4,800
- Other: $0
- Compensation: $0
- Related: $4,800
- Other: $0
- Compensation: $0
- Related: $4,800
- Other: $0
- Compensation: $0
- Related: $4,600
- Other: $0
- Compensation: $0
- Related: $4,600
- Other: $0
- Compensation: $0
- Related: $4,400
- Other: $0
- Compensation: $0
- Related: $4,400
- Other: $0
- Compensation: $0
- Related: $4,400
- Other: $0
- Compensation: $0
- Related: $4,000
- Other: $0
Where can I find the form 990 for Choptank Electric Trust?
Choptank Electric Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Choptank Electric Trust
Choptank Electric Trust is an organization that accepts applications from non-profit organizations, agencies, and individuals in specific Maryland counties for the purpose of donating funds. These funds are intended for various community purposes, including scholarships and educational initiatives. The trust's mission is to contribute to the betterment of these communities by providing financial support for these causes. By doing so, Choptank Electric Trust aims to foster growth and development in the areas of education and community development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Choptank Electric Trust significantly impacts communities in Maryland by providing financial support for scholarships and various educational and community initiatives. By accepting applications from nonprofit organizations, agencies, and individuals across several counties—including Cecil, Kent, Queen Anne, Caroline, Talbot, Dorchester, Wicomico, Somerset, and Worcester—the trust fosters opportunities for growth and development within these communities.
The funding it allocates is instrumental in enhancing educational resources, promoting skill development, and supporting local projects that address community needs. This commitment to philanthropy encourages a culture of giving and collaboration, ultimately enriching the lives of residents and aiding in the overall betterment of the region. The Trust’s efforts ensure that individuals have access to educational opportunities and that vital community programs receive the necessary resources to thrive.
This information is meant to be a general summary of Choptank 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $319,309
Assets and Liabilities:
- Total Assets: $63,159
- Total Liabilities: $5,430
- Net Assets: $57,729
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2003
Phone
(410) 479-0380Principal Officer
Thomas Terry
Main Address
PO BOX 426, DENTON, MD, 21629
NTEE Category
Code: T31 - Philanthropy
If you are a representative of Choptank Electric Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.