Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
60th percentile
Higher net margin than 60% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
82nd percentile
Faster asset growth than 82% of similar nonprofits.
Revenue Growth
53rd percentile
Faster revenue growth than 53% of similar nonprofits.
Assets
Up$33,097
Up $3,935 (+13%) from 2021
Net Assets
$33,097
No earlier filing loaded for comparison.
Liabilities
-
No earlier filing loaded for comparison.
Revenue
Down$81,752
Down $2,966 (-3.5%) from 2021
Expenses
Up$77,817
Up $6,109 (+8.5%) from 2021
Net Income
Down$3,935
Down $9,075 (-70%) from 2021
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.
| Description | Grants | Expenses |
|---|---|---|
| CHARITABLE DISBURSEMENTS (SEE ATTACHED) | $56,813 | $56,813 |
| N/A | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JEFF PROCTOR | President | - | $0 | - | - |
| JEAN BELL | Vice Preside | - | $0 | - | - |
| LINDA BURRUS | Secretary | - | $0 | - | - |
| JEFFERY MCCOY | Trustee | - | $0 | - | - |
| WILLIAM COPELAND | Trustee | - | $0 | - | - |
| SANDRA WELCH | Trustee | - | $0 | - | - |
| DALE DAVIS | Trustee | - | $0 | - | - |
| ROBERT WHITEHEAD | Trustee | - | $0 | - | - |
| ROBERT JONES | Trustee | - | $0 | - | - |
“ATTN: GARY RAY”
“Website: https://aemc.coop/content/operation-roundup”
“Expenses light up christmas 12,859 fundraising expenses 8,145 total 21,004”
“Accounts receivable 4,923 4,840 total 4,923 4,840”
“The corporation received donated services of administrative time from certain employees of albemarle electric memberhsip corporation. Donated services totaled 5,435 for the year ended december 31, 2022. Based on the form's instructions, donated services are not included in income or expenses on the form 990-ez.”
“The purpose of the trust is to accumulate and disburse funds for charitable purposes in the service area of albemarle electric membership corporation.”
“N/A”
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 | 24239 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 28257 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 81752 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 3935 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 29162 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 33097 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 56813 |
| IRS990EZ/GrossReceiptsAmt | 0 | 81752 |
| 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 | 29162 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 33097 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 29162 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 33097 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.37 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.42 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.29 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.39 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.37 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0.36 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 0.19 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 0.19 |
| 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 | JEFF PROCTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JEAN BELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | LINDA BURRUS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JEFFERY MCCOY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | WILLIAM COPELAND |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | SANDRA WELCH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | DALE DAVIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | ROBERT WHITEHEAD |
| 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 | 4923 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 4840 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 21004 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PURPOSE OF THE TRUST IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF ALBEMARLE ELECTRIC MEMBERSHIP CORPORATION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | CHARITABLE DISBURSEMENTS (SEE ATTACHED) |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | N/A |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 56813 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 56813 |
| 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 | 77817 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 56813 |
| IRS990EZ/TotalRevenueAmt | 0 | 81752 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | SCHEDULE O |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 81752 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 84718 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 76245 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 82733 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 80674 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 406122 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 406122 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 81752 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 84718 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 76245 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 82733 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 80674 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 406122 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 406122 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ATTN: GARY RAY |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | WEBSITE: HTTPS://AEMC.COOP/CONTENT/OPERATION-ROUNDUP |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EXPENSES LIGHT UP CHRISTMAS 12,859 FUNDRAISING EXPENSES 8,145 TOTAL 21,004 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS RECEIVABLE 4,923 4,840 TOTAL 4,923 4,840 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE CORPORATION RECEIVED DONATED SERVICES OF ADMINISTRATIVE TIME FROM CERTAIN EMPLOYEES OF ALBEMARLE ELECTRIC MEMBERHSIP CORPORATION. DONATED SERVICES TOTALED 5,435 FOR THE YEAR ENDED DECEMBER 31, 2022. BASED ON THE FORM'S INSTRUCTIONS, DONATED SERVICES ARE NOT INCLUDED IN INCOME OR EXPENSES ON THE FORM 990-EZ. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE PURPOSE OF THE TRUST IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF ALBEMARLE ELECTRIC MEMBERSHIP CORPORATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | N/A |
| 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, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GARY W RAY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | GM - ALBEMARLE EMC |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8002159915 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-03-29 |
| 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 | PO BOX 69 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HERTFORD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 279449825 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| 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 | 2023-03-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | WILLIAM R ROUNTREE |
| ReturnHeader/ReturnTs | 0 | 2023-03-29T09:58:39-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | GARY |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | RAY |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits
Chicago, IL
View Organization501(c)3
Revenue vs current organization
About the sameAssets vs current organization
97% lowerPhoenix, AZ
View Organization501(c)3
Revenue vs current organization
About the sameAssets vs current organization
47% lowerSan Angelo, TX
View Organization501(c)3
Revenue vs current organization
About the sameAssets vs current organization
127% higherChesapeake, VA
View Organization501(c)3
Revenue vs current organization
95% lowerAssets vs current organization
147% higher