Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 56-2273552 • 501(c)3 • Hertford, NC
Profile
The purpose of the trust is to accumulate and disburse funds for charitable purposes in the service area of albemarle electric membership corporation.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
54th percentile
Higher net margin than 54% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
74th percentile
Faster asset growth than 74% of similar nonprofits.
Revenue Growth
44th percentile
Faster revenue growth than 44% of similar nonprofits.
Assets
Up$27,844
Up $1,257 (+4.7%) from 2024
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$27,844
Up $1,257 (+4.7%) from 2024
Revenue
Down$78,857
Down $1,047 (-1.3%) from 2024
Expenses
Down$77,600
Down $55 (-0.1%) from 2024
Net Income
Down$1,257
Down $992 (-44%) from 2024
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The purpose of the trust is to accumulate and disburse funds for charitable purposes in the service area of albemarle electric membership corporation.
The foundation's charitable purpose is to accumulate and disburse funds for charitable purposes in the service area of albemarle electric membership corporation.
| Description | Grants | Expenses |
|---|---|---|
| THE FOUNDATION'S CHARIRABLE PURPOSE IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF ALBEMARLE ELECTRIC MEMBERSHIP CORPORATION. | $58,400 | $58,400 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DALE DAVIS | President | - | $0 | - | - |
| JEAN BELL | Vice Preside | - | $0 | - | - |
| SANDRA WELCH | Secretary | - | $0 | - | - |
| TAMMY MILLER-WHITE | Trustee | - | $0 | - | - |
| JEFFERY MCCOY | Trustee | - | $0 | - | - |
| WILLIAM COPELAND | Trustee | - | $0 | - | - |
| JEFF PROCTOR | Trustee | - | $0 | - | - |
| ERIC HURST | Trustee | - | $0 | - | - |
| ROBERT JONES | Trustee | - | $0 | - | - |
“ATTN: KEVIN HEATH”
“Website: https://aemc.coop/content/operation-roundup”
“Light up christmas program initiated in 2004, light up christmas has provided numerous toys to children who otherwise may not have had any to unwrap christmas morning. Most of the money used to purchase the toys is donated by corporate partners of albemarle emc through an annual golf tournament. The foundation's fundraising expenses are directly related to the annual golf tournament. Https://aemc.coop/light-christmas”
“Expenses luc expenses 8,911 admin. & general 3,379 fundraising expenses 6,910 total 19,200”
“Accounts receivable 4,892 4,899 total 4,892 4,899”
“The foundation received donated services of administrative time from certain employees of albemarle electric memberhsip corporation. Donated services totaled 15,706 for the year ended december 31, 2025. Based on the form's instructions, donated services are not included in income or expenses on the form 990-ez.”
“The foundation's charitable purpose is to accumulate and disburse funds for charitable purposes in the service area of albemarle electric membership corporation.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | ALBEMARLE EMC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2524265735 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 125 COOPERATIVE WAY |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | HERTFORD |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27944 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 21695 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 22945 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 78857 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 1257 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 26587 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 27844 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 58400 |
| IRS990EZ/GrossReceiptsAmt | 0 | 78857 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 26587 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 27844 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 26587 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 27844 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.31 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.37 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.24 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.37 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.36 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 0.31 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 0.24 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DALE DAVIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JEAN BELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | SANDRA WELCH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | TAMMY MILLER-WHITE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | JEFFERY MCCOY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | WILLIAM COPELAND |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | JEFF PROCTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | ERIC HURST |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | ROBERT JONES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | TRUSTEE |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 4892 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 4899 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 19200 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE FOUNDATION'S CHARITABLE PURPOSE IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF ALBEMARLE ELECTRIC MEMBERSHIP CORPORATION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE FOUNDATION'S CHARIRABLE PURPOSE IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF ALBEMARLE ELECTRIC MEMBERSHIP CORPORATION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 58400 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 58400 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NC |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 77600 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 58400 |
| IRS990EZ/TotalRevenueAmt | 0 | 78857 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | SCHEDULE O |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 78857 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 79904 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 81393 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 81752 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 84718 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 406624 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 406624 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 78857 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 79904 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 81393 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 81752 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 84718 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 406624 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 406624 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ATTN: KEVIN HEATH |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | WEBSITE: HTTPS://AEMC.COOP/CONTENT/OPERATION-ROUNDUP |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | LIGHT UP CHRISTMAS PROGRAM INITIATED IN 2004, LIGHT UP CHRISTMAS HAS PROVIDED NUMEROUS TOYS TO CHILDREN WHO OTHERWISE MAY NOT HAVE HAD ANY TO UNWRAP CHRISTMAS MORNING. MOST OF THE MONEY USED TO PURCHASE THE TOYS IS DONATED BY CORPORATE PARTNERS OF ALBEMARLE EMC THROUGH AN ANNUAL GOLF TOURNAMENT. THE FOUNDATION'S FUNDRAISING EXPENSES ARE DIRECTLY RELATED TO THE ANNUAL GOLF TOURNAMENT. HTTPS://AEMC.COOP/LIGHT-CHRISTMAS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | EXPENSES LUC EXPENSES 8,911 ADMIN. & GENERAL 3,379 FUNDRAISING EXPENSES 6,910 TOTAL 19,200 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ACCOUNTS RECEIVABLE 4,892 4,899 TOTAL 4,892 4,899 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE FOUNDATION RECEIVED DONATED SERVICES OF ADMINISTRATIVE TIME FROM CERTAIN EMPLOYEES OF ALBEMARLE ELECTRIC MEMBERHSIP CORPORATION. DONATED SERVICES TOTALED 15,706 FOR THE YEAR ENDED DECEMBER 31, 2025. BASED ON THE FORM'S INSTRUCTIONS, DONATED SERVICES ARE NOT INCLUDED IN INCOME OR EXPENSES ON THE FORM 990-EZ. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE FOUNDATION'S CHARITABLE PURPOSE IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF ALBEMARLE ELECTRIC MEMBERSHIP CORPORATION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PAGE 1, ITEM C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KEVIN HEATH |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | GM - ALBEMARLE EMC |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8002159915 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-02-21 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ALBEMARLE COMMUNITY TRUST |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ALBE |
| ReturnHeader/Filer/EIN | 0 | 562273552 |
| ReturnHeader/Filer/PhoneNum | 0 | 2524265735 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 125 COOPERATIVE WAY |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HERTFORD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 279449825 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 581094351 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | POST OFFICE BOX ONE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MACON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 312020001 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4787466277 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-02-23 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | WILLIAM R ROUNTREE |
| ReturnHeader/ReturnTs | 0 | 2026-02-23T13:14:50-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2025-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-12-31 |
| ReturnHeader/TaxYr | 0 | 2025 |
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