2024-11-08T10:44:10-07:00 2023-12-31 990 2023-01-01 208802389 POWDER RIVER ENERGY CORPORATIONFOUNDATION INC POWD 3072833531 PO Box 930 Sundance WY 82729 Joseph Roth Executive Director 3072834905 2024-11-08 1 2023 2024-10-15 13:58:12Z Joseph Roth PO Box 930 Sundance WY 82729 739744 0 X www.precorp.coop X 2007 WY To accumulate and distribute funds for charitable purposes. 10 10 0 16 0 0 569761 680813 0 0 8276 19621 0 0 578037 700434 235279 256612 0 0 0 0 0 0 42260 112505 131076 347784 387688 230253 312746 847208 1226698 67 0 847141 1226698 The mission of Powder River Energy Corporation Foundation, Inc. is to demonstrate our commitment to individuals and non-profit or charitable organizations in northeast Wyoming by lending a helping hand that will improve their quality of life or serve their community. 0 0 256612 256612 0 Awarded grants and scholarships to more than 100 separate entities. Funds will help improve the life or provide services to communities and directly assist more than 40,000 individuals and families in northeast Wyoming. 0 0 0 256612 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 3 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X Joseph Roth 3072833531 PO Box 930 Sundance WY 82729 Joseph Roth Executive Director 3.0 43 X 0 150017 38968 Jeffery Bumgarner Executive Director 1.7 42.0 X 0 130364 26418 John Flocchini Chairman 5 0 X X 0 0 0 Susan Berry Vice Chairman 8 0 X X 0 0 0 Zeta Anderson Secretary/Treasurer 2 0 X X 0 0 0 Joanie Kiser Director 2 0 X 0 0 0 Mary Yemington Director 2 0 X 0 0 0 Mary Geier Director 1.5 0 X 0 0 0 Michelle Edwards Director 1.5 0 X 0 0 0 Laci Schiffer Director 2 0 X 0 0 0 John Riesland Director 2.0 0 X 0 0 0 Phil Jordan Director 2 0 X 0 0 0 0 280381 65386 0 0 1 0 0 0 0 92183 274650 0 313980 51954 680813 0 19621 0 0 19621 0 0 0 0 0 0 0 0 0 0 0 0 23375 23375 23375 15935 15935 0 0 0 0 0 700434 0 0 19621 203912 203912 52700 52700 73680 73680 75 75 9250 9250 42260 42260 1495 1495 4042 4042 274 274 387688 256612 88816 42260 575838 269554 0 405037 5689 2417 0 237100 0 0 0 0 0 0 10188 8695 0 0 0 255493 303895 0 0 0 0 0 0 0 0 847208 1226698 67 0 0 0 0 0 0 0 0 0 0 67 0 X 842141 1224198 5000 2500 847141 1226698 847208 1226698 X 312746 27501 0 0 0 39310 X 0 1 X 1 0 X 238854 375444 372504 569761 700434 2256997 0 0 0 0 0 0 0 0 0 0 0 0 238854 375444 372504 569761 700434 2256997 2256997 2764 2382 773 8276 19621 33816 63646 0 0 0 0 63646 0 0 0 0 0 0 2354459 0.95861 0.93560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 767245 27501 0 0 39310 66811 700434 0 0 0 700434 387688 0 0 0 0 0 387688 0 0 0 387688 Schedule D, Part XI, Line 2d This includes $39,310 in retail value of fundraising events not included in line 1. Golf Tournament 51435 30079 21356 3300 0 15896 2160 0 0 5k Walk/Run 45598 43579 2019 0 2019 0 0 0 0 0 97033 73658 23375 3300 2019 15896 2160 0 0 23375 0 0 0 0 0 0 0 0 0 0 0 0 0 15935 0 15865 70 0 1 1 15935 0 15865 70 0 15935 0 WY 0 No license is required to hold a raffle in Wyoming 0 0 0 0 1 Angela Sabus PO Box 930 Sundance WY 827290930 0 Joseph Roth 0 Executive Director oversees the raffle ticket sales and drawing. X 0 0 Schedule G, Part III, Line 9 The gaming event is a raffle which does not require a gaming license in Wyoming. Schedule G, Part III, Line 16 Raffle tickets are sold by volunteers to support the Foundation in raising funds that can be used to provide scholarships. The drawing for the winner was held at the Powder River Energy Corporation annual meeting. The executive director oversees the fundraising events for the Foundation. 1 Food Bank of Wyoming PO Box 1540 Evansville WY 82636 840772672 501(c)3 30000 0 Community Assistance Moorcroft Interfaith Community PO Box 1056 Moorcroft WY 82721 830783440 509(a) (2) 13000 0 Community Assistance Kaycee Senior Housing Inc PO Box 372 Kaycee WY 82639 262843440 5284 0 Community Assistance 2 1 Scholarships 47 52700 0 book n/a Schedule I, Part I, Line 2 Organization requests to attend a board meeting or provide in writing an update on funding uses. The updates could include general information as well as the incremental impact of the funds to the communities within Powder River Energy Corporation's service territory. 0 0 0 0 0 0 0 0 0 Joseph Roth Executive Director 0 143181 0 6836 0 0 0 35378 0 3590 0 188985 0 0 Jeffery Bumgarner Executive Director 0 124090 0 6274 0 0 0 7523 0 18895 0 156782 0 0 Schedule J, Part II Joseph Roth - Includes the change in actuarial value of the defined benefit plan of $26,848. Actual contribution to the plan was $29,205. Jeffery Bumgarner - Includes the change in actuarial value of the defined benefit plan of $0. Jeffery retired during 2023. Actual contribution to the plan was $25,462.26. X 1 25000 FMV X 200 10186 FMV X 2634 16768 FMV 0 0 0 Schedule M, Part I, Line 6 Received a donation of a 2014 Ford Truck that was in turn donated to a community fire department. Used a formal appraisal process to determine the value. Schedule M, Part I, Line 9 Received the donation of 200 shares of stock. Value was determined by the stock value at the time of donation. Schedule M, Part I, Line 19 Received 2,634 pounds of various types of meat including beef, pork, lamb and buffalo. Determined value by using retail prices at the time the contribution was received to calculate fair market value. Form 990, Part VI, Section B, Line 11b The form 990 is presented to the Board of Directors during a regular board meeting. They also receive a full copy including all associated schedules in advance so they have an opportunity to review it and ask questions during the presentation. Form 990, Part VI, Section B, Line 12c Each member of the Board of Directors is required to review the conflict of interest policy each year. Each director signs a form that confirms they have received a copy of the policy, has read and understands the policy, agrees to comply with the policy and understands the purpose of the Foundation. Form 990, Part VI, Section C, Line 19 The Foundation governing documents are available to the public by being posted on the website. The conflict of interest policy and financial statements are available to interested parties upon request. Contact Information is also available on the website. Form 990, Part XI, Line 9 Includes $39,310 which is the retail value of the fundraising events not included in line 1. Powder River Energy Corporation PO Box 930 Sundance WY 82729 830162161 Electric Distribution WY 501(C)(12) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 Schedule R, Part V, Line 2 Powder River Energy Corporation Foundation Inc. was established as a charitable organization to provide donations and grants for charitable purposes to the citizens of the communities served by Powder River Energy Corporation. The Foundation is a separate entity, governed by a separate board of directors. Powder River Energy Corporation provides administrative, accounting and marketing services. It also provides office space and supplies. Powder River Energy Corporation processes and transfers donations made through the operation roundup program, which allows members to round up their electric bills to the nearest dollar with the difference contributed to the Foundation as a donation.