Civic Intelligence

Albemarle Community Trust

990EZ • Fiscal year 2018 • EIN 56-2273552

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 23, 2019

PO Box 69Hertford, NC 27944-9825

(252) 426-5735

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

51st percentile

-0.9%

Higher net margin than 51% of similar nonprofits.

2018 filings • NTEE T22 • <$500k nonprofits • Source year 2018

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • NTEE T22 • <$500k nonprofits • Source year 2018

Asset Growth

6th percentile

-68%

Faster asset growth than 6% of similar nonprofits.

2018 filings • NTEE T22 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

49th percentile

-2.0%

Faster revenue growth than 49% of similar nonprofits.

2018 filings • NTEE T22 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$10,661

Down $22,355 (-68%) from 2017

Net Assets

$10,661

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$80,674

Down $1,633 (-2.0%) from 2017

Expenses

Down

$81,387

Down $1,583 (-1.9%) from 2017

Net Income

Down

-$713

Down $50 (-7.5%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40K$30K$20K$10K$0Assets 2011: $12,330Liabilities 2011: $02011Assets 2012: $11,091Liabilities 2012: $02012Assets 2013: $8,815Liabilities 2013: $02013Assets 2014: $7,767Liabilities 2014: $02014Assets 2015: $7,934Liabilities 2015: $02015Assets 2016: $12,037Liabilities 2016: $02016Assets 2017: $33,016Liabilities 2017: $21,6422017Assets 2018: $10,661Net Assets 2018: $10,6612018Assets 2019: $11,382Net Assets 2019: $11,3822019Assets 2020: $16,152Net Assets 2020: $16,1522020Assets 2021: $29,162Liabilities 2021: $02021Assets 2022: $33,097Net Assets 2022: $33,0972022Assets 2023: $24,338Liabilities 2023: $02023Assets 2024: $26,587Net Assets 2024: $26,5872024Assets 2025: $27,844Net Assets 2025: $27,8442025

Highlighted filing

2018

Assets$10,661
Liabilities-
Net Assets$10,661

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2011: $82,039Expenses 2011: $85,264Net Income 2011: -$3,2252011Revenue 2012: $84,205Expenses 2012: $85,444Net Income 2012: -$1,2392012Revenue 2013: $82,798Expenses 2013: $85,074Net Income 2013: -$2,2762013Revenue 2014: $81,572Expenses 2014: $82,620Net Income 2014: -$1,0482014Revenue 2015: $81,457Expenses 2015: $81,290Net Income 2015: $1672015Revenue 2016: $83,010Expenses 2016: $78,907Net Income 2016: $4,1032016Revenue 2017: $82,307Expenses 2017: $82,970Net Income 2017: -$6632017Revenue 2018: $80,674Expenses 2018: $81,387Net Income 2018: -$7132018Revenue 2019: $82,733Expenses 2019: $82,012Net Income 2019: $7212019Revenue 2020: $76,245Expenses 2020: $71,475Net Income 2020: $4,7702020Revenue 2021: $84,718Expenses 2021: $71,708Net Income 2021: $13,0102021Revenue 2022: $81,752Expenses 2022: $77,817Net Income 2022: $3,9352022Revenue 2023: $81,393Expenses 2023: $90,152Net Income 2023: -$8,7592023Revenue 2024: $79,904Expenses 2024: $77,655Net Income 2024: $2,2492024Revenue 2025: $78,857Expenses 2025: $77,600Net Income 2025: $1,2572025

Highlighted filing

2018

Revenue$80,674
Expenses$81,387
Net Income-$713
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 23, 2019
Return Version
2018v3.1
Gross Receipts
$80,674
Mission and Program Overview

Mission

The foundation's charitable purpose is to accumulate and disburse funds for charitable purposes in the service area of albemarle electric membership corporation.

The purpose of the trust is to accumulate and disburse funds for charitable purposes in the service area of albemarle electric membership corporation.

Program Services

DescriptionGrantsExpenses
CHARITABLE DISBURSEMENTS (SEE ATTACHED)$74,767$74,767
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
AUBREY TYNCHPresident-$0--
JEAN BELLVice Preside-$0--
LINDA BURRUSSecretary-$0--
KEN WINSLOWTrustee-$0--
JEFF PROCTORTrustee-$0--
VANORA BROTHERSTrustee-$0--
LEE JORDAN JRTrustee-$0--
PHILLIP A HARDENTrustee-$0--
CINDY SAWYERTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Albemarle Community Trust
EIN
56-2273552
Phone
2524265735
Address
PO BOX 69, HERTFORD, NC 27944-9825

Signing Officer

Name
Gary W Ray
Title
Gm - Albemarle Emc
Phone
8002159915
Signed
2019-04-23
Discuss with paid preparer
Yes

Preparer

Firm
Mcnair Mclemore Middlebrooks & Co LLC
Address
POST OFFICE BOX ONE, MACON, GA 31202-0001
Preparer
William R Rountree
Phone
4787466277
Supplemental Narrative

Additional Explanations

Form 990-ez, Page 1, Item C

ATTN: GARY RAY

Form 990-ez

Website: https://aemc.coop/content/operation-roundup

Form 990-ez, Part I, Line 16

Expenses light up christmas 6,620 total 6,620

Form 990-ez, Part II, Line 24

Accounts receivable 4,838 4,833 total 4,838 4,833

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 21,642 0

Form 990-ez, Part III

The corporation received donated services of administrative time from certain employees of albemarle electric memberhsip corporation. Donated services totaled 1,100 for the year ended december 31, 2018. Based on the form's instructions, donated services are not included in income or expenses on the form 990-ez.

Form 990-ez, Part III

The purpose of the trust is to accumulate and disburse funds for charitable purposes in the service area of albemarle electric membership corporation.

Raw XML Appendix164 raw XML fields

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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ALBEMARLE EMC
IRS990EZ/BooksInCareOfDetail/PhoneNum02524265735
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0125 COOPERATIVE WAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HERTFORD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027944
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt028178
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05828
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt080674
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-713
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt033016
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt074767
IRS990EZ/GrossReceiptsAmt080674
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt011374
IRS990EZ/NetAssetsOrFundBalancesEOYAmt010661
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt011374
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt010661
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.17
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.17
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.17
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.17
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.17
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.17
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70.17
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt80.17
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AUBREY TYNCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEAN BELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LINDA BURRUS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KEN WINSLOW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JEFF PROCTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5VANORA BROTHERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6LEE JORDAN JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7PHILLIP A HARDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8CINDY SAWYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04838
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04833
IRS990EZ/OtherExpensesTotalAmt06620
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE TRUST IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF ALBEMARLE ELECTRIC MEMBERSHIP CORPORATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CHARITABLE DISBURSEMENTS (SEE ATTACHED)
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt074767
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt074767
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt021642
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt081387
IRS990EZ/TotalProgramServiceExpensesAmt074767
IRS990EZ/TotalRevenueAmt080674
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0SCHEDULE O
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt080674
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt082307
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt083010
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt081457
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt081572
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0409020
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0409020
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt080674
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt082307
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt083010
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt081457
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt081572
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0409020
IRS990ScheduleA/TotalSupportAmt0409020
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ATTN: GARY RAY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WEBSITE: HTTPS://AEMC.COOP/CONTENT/OPERATION-ROUNDUP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES LIGHT UP CHRISTMAS 6,620 TOTAL 6,620
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS RECEIVABLE 4,838 4,833 TOTAL 4,838 4,833
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 21,642 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CORPORATION RECEIVED DONATED SERVICES OF ADMINISTRATIVE TIME FROM CERTAIN EMPLOYEES OF ALBEMARLE ELECTRIC MEMBERHSIP CORPORATION. DONATED SERVICES TOTALED 1,100 FOR THE YEAR ENDED DECEMBER 31, 2018. BASED ON THE FORM'S INSTRUCTIONS, DONATED SERVICES ARE NOT INCLUDED IN INCOME OR EXPENSES ON THE FORM 990-EZ.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PURPOSE OF THE TRUST IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF ALBEMARLE ELECTRIC MEMBERSHIP CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GARY W RAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GM - ALBEMARLE EMC
ReturnHeader/BusinessOfficerGrp/PhoneNum08002159915
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALBEMARLE COMMUNITY TRUST
ReturnHeader/Filer/BusinessNameControlTxt0ALBE
ReturnHeader/Filer/EIN0562273552
ReturnHeader/Filer/PhoneNum02524265735
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 69
ReturnHeader/Filer/USAddress/CityNm0HERTFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0279449825
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BE799C77261EE06AB1BFE677EC220712838153C6
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04EEB5663787DC7A49F7F2E41E5A93EE45250D55C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.175.202.218
ReturnHeader/FilingSecurityInformation/IPDt02019-05-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm007:21:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581094351
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0POST OFFICE BOX ONE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MACON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0312020001
ReturnHeader/PreparerPersonGrp/PhoneNum04787466277
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM R ROUNTREE
ReturnHeader/ReturnTs02019-05-10T07:21:10-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$27.8$27.8$78.9$77.6$1.26
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.6$26.6$79.9$77.7$2.25
2023Summary only. Only limited summary data is available for this year.$24.3$0.00$81.4$90.2$8.76
2022Detailed filing. Detailed filing data is available for this year.$33.1$33.1$81.8$77.8$3.94
2021Summary only. Only limited summary data is available for this year.$29.2$0.00$84.7$71.7$13.0
2020Detailed filing. Detailed filing data is available for this year.$16.2$16.2$76.2$71.5$4.77
2019Detailed filing. Detailed filing data is available for this year.$11.4$11.4$82.7$82.0$0.72
2018Detailed filing. Detailed filing data is available for this year.$10.7$10.7$80.7$81.4$0.71
2017Summary only. Only limited summary data is available for this year.$33.0$21.6$82.3$83.0$0.66
2016Summary only. Only limited summary data is available for this year.$12.0$0.00$83.0$78.9$4.10
2015Summary only. Only limited summary data is available for this year.$7.93$0.00$81.5$81.3$0.17
2014Summary only. Only limited summary data is available for this year.$7.77$0.00$81.6$82.6$1.05
2013Summary only. Only limited summary data is available for this year.$8.82$0.00$82.8$85.1$2.28
2012Summary only. Only limited summary data is available for this year.$11.1$0.00$84.2$85.4$1.24
2011Summary only. Only limited summary data is available for this year.$12.3$0.00$82.0$85.3$3.23