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
48th percentile
Higher net margin than 48% 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
20th percentile
Faster asset growth than 20% of similar nonprofits.
Revenue Growth
50th percentile
Faster revenue growth than 50% of similar nonprofits.
Assets
Flat$24,338
Flat from 2023
Net Assets
$24,338
No earlier filing loaded for comparison.
Liabilities
-
No earlier filing loaded for comparison.
Revenue
Flat$81,393
Flat from 2023
Expenses
Flat$90,152
Flat from 2023
Net Income
Flat-$8,759
Flat from 2023
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) | $68,714 | $68,714 |
| N/A | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JEFF PROCTOR | President | - | $0 | - | - |
| JEAN BELL | Vice Preside | - | $0 | - | - |
| SANDRA WELCH | Secretary | - | $0 | - | - |
| TAMMY MILLER-WHITE | Trustee | - | $0 | - | - |
| JEFFERY MCCOY | Trustee | - | $0 | - | - |
| WILLIAM COPELAND | Trustee | - | $0 | - | - |
| DALE DAVIS | 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 organizaton's fundraising expenses are directly related to the annual golf tournament. Https://aemc.coop/light-christmas”
“Expenses light up christmas 14,460 fundraising expenses 6,978 total 21,438”
“Accounts receivable 4,840 4,924 total 4,840 4,924”
“The corporation received donated services of administrative time from certain employees of albemarle electric memberhsip corporation. Donated services totaled 4,071 for the year ended december 31, 2023. 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 | 28257 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 19414 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 81393 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -8759 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 33097 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 24338 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 68714 |
| IRS990EZ/GrossReceiptsAmt | 0 | 81393 |
| 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 | 33097 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 24338 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 33097 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 24338 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.26 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.34 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.33 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.17 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.32 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0.33 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 0.17 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 0.32 |
| 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 | 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 | DALE DAVIS |
| 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 | 4840 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 4924 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 21438 |
| 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 | 68714 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 68714 |
| 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 | 90152 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 68714 |
| IRS990EZ/TotalRevenueAmt | 0 | 81393 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | SCHEDULE O |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 81393 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 81752 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 84718 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 76245 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 82733 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 406841 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 406841 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 81393 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 81752 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 84718 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 76245 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 82733 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 406841 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 406841 |
| 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 ORGANIZATON'S FUNDRAISING EXPENSES ARE DIRECTLY RELATED TO THE ANNUAL GOLF TOURNAMENT. HTTPS://AEMC.COOP/LIGHT-CHRISTMAS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | EXPENSES LIGHT UP CHRISTMAS 14,460 FUNDRAISING EXPENSES 6,978 TOTAL 21,438 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ACCOUNTS RECEIVABLE 4,840 4,924 TOTAL 4,840 4,924 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE CORPORATION RECEIVED DONATED SERVICES OF ADMINISTRATIVE TIME FROM CERTAIN EMPLOYEES OF ALBEMARLE ELECTRIC MEMBERHSIP CORPORATION. DONATED SERVICES TOTALED 4,071 FOR THE YEAR ENDED DECEMBER 31, 2023. 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 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 | 7 | 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 |
| 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 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | 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 | KEVIN HEATH |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | GM - ALBEMARLE EMC |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8002159915 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-05-01 |
| 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/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 | 2024-05-01 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | WILLIAM R ROUNTREE |
| ReturnHeader/ReturnTs | 0 | 2024-05-01T10:29:56-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | GARY |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | RAY |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.