2024-09-24T11:07:56-05:00 2023-12-31 454084437 WARREN AVERETT LLC 36474C EMERALD COAST PKWY SUITE 3301 DESTIN FL 32541 990 2023-01-01 821794757 THE CHELCO FOUNDATION INC CHEL 8508922111 PO BOX 512 DEFUNIAK SPRINGS FL 324350512 STEPHEN RHODES DIRECTOR 8508922111 2024-09-16 1 0 LORI K KELLEY CPA P00111278 8508370398 2024-09-16 2023 2024-08-08 14:25:15Z STEPHEN RHODES PO BOX 512 DEFUNIAK SPRINGS FL 324350512 1207152 0 X N/A X 2018 FL THE ORGANIZATION WAS ESTABLISHED BY THE BOARD OF TRUSTEES OF CHOCTAWHATCHEE ELECTRIC COOPERATIVE, INC. (CHELCO) TO SERVE AS A PHILANTHROPIC AGENCY TO ASSIST INDIVIDUALS AND ORGANIZATIONS IN THE LOCAL COMMUNITY AS WELL AS ACROSS THE NATION AND THROUGHOUT THE WORLD. DONATIONS MADE TO THE FOUNDATION ARE MADE VOLUNTARILY BY EMPLOYEES, MEMBERS, AND OTHERS WHO WISH TO SUPPORT CHELCO'S COMMUNITY OUTREACH, WHICH INCLUDES ITEMS LIKE SCHOLARSHIPS AND INTERNATIONAL ELECTRIFICATION. 4 4 0 0 0 0 721532 1151712 0 0 2762 42360 0 13080 724294 1207152 13250 11635 0 0 0 0 0 0 0 5286 12232 18536 23867 705758 1183285 710589 1971646 0 0 710589 1971646 X THE ORGANIZATION WAS ESTABLISHED BY THE BOARD OF TRUSTEES OF CHOCTAWHATCHEE ELECTRIC COOPERATIVE, INC. (CHELCO) TO SERVE AS A PHILANTHROPIC AGENCY TO ASSIST INDIVIDUALS AND ORGANIZATIONS IN THE LOCAL COMMUNITY AS WELL AS ACROSS THE NATION AND THROUGHOUT THE WORLD. DONATIONS MADE TO THE FOUNDATION ARE MADE VOLUNTARILY BY EMPLOYEES, MEMBERS, AND OTHERS WHO WISH TO SUPPORT CHELCO'S COMMUNITY OUTREACH, WHICH INCLUDES ITEMS LIKE SCHOLARSHIPS AND INTERNATIONAL ELECTRIFICATION. 0 0 0 0 0 1) MURIAL DREBING PROGRAM - IN PROGRESS TO CREATE A PROGRAM BY USING THE FUNDS DONATED TO THE FOUNDATION IN 2022 AND 2023. EXPECTED TO START IN 2024. 13314 10035 13080 2) CHARITY GOLF TOURNAMENT - BENEFITING THE AMERICAN HEART ASSOCIATION, THE AMERICAN CANCER SOCIETY, AND THE EMERALD COAST AUTISM CENTER. 1600 1600 3786 3) CHELCO EMPLOYEE FUNDRAISING (JEANS FRIDAY, HALLOWEEN SOUP/DESSERT CONTEST, ETC.) - BENEFITING VARIOUS 501(C)(3) ORGANIZATIONS. 14914 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 FL X THE ORGANIZATION 8508922111 655 US 331 N DEFUNIAK SPRINGS FL 32433 X GERALD EDMONDSON PRESIDENT 1.00 X X 0 0 0 BRADY BEARDEN VICE-PRESIDENT 1.00 X X 0 0 0 GAYLE HUGHES SECRETARY/TREASURER 1.00 X X 0 0 0 STEPHEN RHODES DIRECTOR 5.00 X 0 0 0 ROBIN SHAW DIRECTOR 5.00 X 0 0 0 0 0 0 0 0 0 0 0 1151712 1151712 42360 42360 13080 0 13080 13080 1207152 0 0 55440 X 10035 10035 1600 1600 1444 1444 5000 5000 3279 3279 259 259 DONATIONS 2250 2250 23867 14914 8953 0 88450 173777 0 1118787 622139 669695 0 9387 710589 1971646 0 0 X 0 0 0 0 710589 1971646 710589 1971646 710589 1971646 1183285 77772 0 X 0 1 X 1 0 X 721532 1161513 1883045 721532 1161513 1883045 1883045 2762 42360 45122 1928167 0.97660 0.99620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 MORGAN STANLEY 669695 F 669695 FORM 990, PART VI, SECTION A, LINE 2 STEPHEN RHODES, WHO SERVES ON THE FOUNDATION'S BOARD OF TRUSTEES, IS CEO AT CHELCO. ROBIN SHAW, WHO SERVES ON THE FOUNDATION'S BOARD OF TRUSTEES, IS VP OF FINANCE AT CHELCO. ALL OTHER BOARD MEMBERS, GERALD EDMONDSON , BRADY BEARDEN, AND GAYLE HUGHES, ALSO SERVE AS BOARD OF TRUSTEE MEMBERS AT CHELCO. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS THE TAX RETURN AT A REGULAR MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION IS OWNED BY CHELCO WHICH HAS ESTABLISHED SEVERAL INTERNAL POLICIES (WRITTEN) INCLUDING CONFLICT OF INTEREST POLICY. ALL OF THE EMPLOYEES AND TRUSTEES AT CHELCO ARE REQUIRED TO FOLLOW THE POLICIES. THE POLICIES ARE ACCESSIBLE IN POLICY TECH (AN ONLINE PORTAL) AND SET TO BE REVIEWED AND UPDATED PERIODICALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G GOLF TOURNAMENT EXPENSES: PROGRAM SERVICE EXPENSES 3,279. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,279. CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC PO BOX 512 DEFUNIAK SPRINGS FL 324350512 590192831 ELECTRIC COOPERATIVE PROVIDING ELECTRICITY TO MEMBERS. FL 501(C)(12) 0 SOUTHLAND UTILITY SERVICES INC 555 US HWY 331 N DEFUNIAK SPRINGS FL 32433 593508830 PROVIDES UNDERGROUND INSTALLATION AND RIGHT OF WAY CLEARING SERVICES. FL CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC C 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0