2025-10-24T08:32:30-05:00 2024-12-31 750882037 BOLINGER SEGARS GILBERT AND MOSS LLP 8215 NASHVILLE AVENUE LUBBOCK TX 79423 990 2024-01-01 721417423 DEMCO FOUNDATION INC DEMC 2252622141 PO BOX 15659 BATON ROUGE LA 70895 PEGGY MARANAN CFO 2252622141 2025-10-23 1 1 MATT R WILLIS P00419741 8067473806 2025-10-23 X 2024 2025-03-06 01:10:19Z DENNIS LOTT PO BOX 15659 BATON ROUGE LA 70895 352780 0 X HTTPS://WWW.DEMCO.ORG/FOUNDATION X 1997 LA TO BENEFIT NEEDY INDIVIDUALS IN THE SEVEN PARISHES SERVED BY DIXIE ELECTRIC MEMBERSHIP CORPORATION. 9 7 0 7 0 0 300204 348402 0 0 3745 4378 0 0 303949 352780 265869 245563 0 0 0 0 0 0 0 114087 151116 379956 396679 -76007 -43899 214361 319665 0 149203 214361 170462 TO BENEFIT NEEDY INDIVIDUALS IN THE SEVEN PARISHES SERVED BY DIXIE ELECTRIC MEMBERSHIP CORPORATION (DEMCO). THESE PARISHES INCLUDE ASCENSION, EAST BATON ROUGE, EAST FELICIANA, LIVINGSTON, ST HELENA, TANGIPAHOA AND WEST FELICIANA. 0 0 368614 245563 THE ORGANIZATION WAS ABLE TO ASSIST INDIVIDUALS/FAMILIES WITH THINGS SUCH AS CLOTHING, SHELTER, SCHOLARSHIPS AND OTHER MISCELLANEOUS NEEDS. THROUGH THE PROGRAM, OPERATION ROUNDUP, CUSTOMERS OF DIXIE ELECTRIC MEMBERSHIP CORPORATION MAY ELECT TO HAVE THEIR ELECTRICITY BILL ROUNDED UP TO THE NEAREST DOLLAR AMOUNT WITH THE DIFFERENCE REMITTED TO THE FOUNDATION TO PROVIDE THE FUNDING FOR THOSE ELIGIBLE FOR AID. IN 2024, THE FOUNDATION HAD 139 RECIPIENTS WHO REQUESTED AND RECEIVED ASSISTANCE TOTALING $245,563, INCLUDING $81,875 IN SCHOLARSHIPS TO 67 DIFFERENT STUDENTS. 368614 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 7 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X LESLIE FALKS 2252622141 16262 WAX RD GREENWELL SPRINGS LA 70739 DENNIS LOTT PRESIDENT 2.00 2.60 X X 0 18056 0 NICOLETTE GORDON VICE PRESIDENT 0.50 X X 0 0 0 LESLIE FALKS SECRETARY/TREASURER 3.00 4.80 X X 0 40995 0 LORENZA LIVELY ASSISTANT SECRETARY 1.00 X X 0 0 0 CATHERINE BORDELON DIRECTOR 0.50 X 0 0 0 BLAINE GRIMES DIRECTOR 0.50 X 0 0 0 ANGELA ELSEY DIRECTOR 0.50 X 0 0 0 BARBARA STEVENSON DIRECTOR 2.00 X 0 0 0 DR GINA EUBANKS DIRECTOR 0.25 X 0 0 0 0 59051 0 0 0 0 0 0 348402 348402 4378 4378 352780 0 0 4378 245563 245563 109955 93462 16493 6350 6350 18498 15723 2775 7104 6038 1066 9209 7828 1381 396679 368614 28065 0 214361 176843 105859 26666 10297 214361 319665 1831 0 147372 0 149203 X 214361 170462 214361 170462 214361 319665 -43899 0 X X 0 0 0 X 419844 322624 371373 300204 348402 1762447 419844 322624 371373 300204 348402 1762447 1762447 710 299 546 3745 4378 9678 1772125 0.99450 0.99640 X 0 ACCOUNTS PAYABLE - DEMCO 147372 147372 1 HARDSHIP GRANTS FOR INDIVIDUALS IN SERVICE AREA 72 163688 SCHOLARSHIPS FOR INDIVIDUALS IN SERVICE AREA 67 81875 PART I, LINE 2: THE FOUNDATION AWARDS GRANTS TO UNDERPRIVILEGED INDIVIDUALS IN THE SEVEN PARISHES SERVED BY DIXIE ELECTRIC MEMBERSHIP CORPORATION. THESE PARISHES INCLUDE ASCENSION, EAST BATON ROUGE, EAST FELICIANA, LIVINGSTON, ST HELENA, TANGIPAHOA, AND WEST FELICIANA. THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE FOR HEALTH AND MEDICAL NEEDS, SPECIAL ASSISTANCE EMERGENCIES, SHELTER, REPAIRS AND MAINTENANCE AND SCHOLARSHIPS. AWARD APPLICANTS ARE REQUIRED TO GIVE PROOF THAT THEY CURRENTLY RESIDE IN ONE OF THE SEVEN PARISHES THAT ARE SERVED BY DEMCO. THE FOUNDATION ALSO GRANTS SCHOLARSHIPS TO STUDENTS ATTENDING UNIVERSITY, TRADE SCHOOLS OR COMMUNITY COLLEGES. THE REQUIREMENTS TO QUALIFY AND APPLICATIONS USED TO APPLY FOR THE SCHOLARSHIPS FOR NEED BASED FUNDS CAN BE FOUND ON THE COOPERATIVE'S WEBSITE WWW.DEMCO.ORG. FORM 990, PART VI, SECTION A, LINE 4 THE FOUNDATION REVISED ARTILE XXIX AUDIT, TO CHANGE THE REQUIRED FREQUENCY OF ANNUAL AUDIT TO A MINIMUM OF EVERY THREE YEARS, TO REPLACE THE ANNUAL REQUIREMENT. FORM 990, PART VI, SECTION B, LINE 11B THE CONTROLLER OF DIXIE ELECTRIC MEMBERSHIP CORPORATION, DEMCO FOUNDATION'S CONTROLLING ORGANIZATION, WILL REVIEW AND APPROVE THE FORM 990 BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND UNAUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR VIEWING BY THE PUBLIC AT THE ORGANIZATION'S OFFICE IN BATON ROUGE, LA. FORM 990, PART XII, LINE 2C THE BOARD AS A WHOLE IS RESPONSIBLE FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT TO PERFORM THE AUDIT. DIXIE ELECTRIC MEMBERSHIP CORPORATION PO BOX 15659 BATON ROUGE LA 70895 720170797 RURAL ELECTRIC COOPERATIVE LA 501(C)(12) N/A 0 DIXIE BUSINESS DEVELOPMENT CENTER INC 1814 S RANGE AVE STE B-1 DENHAM SPRINGS LA 70726 721216797 INCUBATOR PROGRAM TO HELP NEW BUSINESS DEVELOP, GROW, AND SUCCEED LA 501(C)(4) DIXIE ELECTRIC MEMBERSHIP COOPERATION 0 DEMCO ENERGY SERVICES LLC 16262 WAX RD GREENWELL SPRINGS LA 70739 721351783 PROVIDES SURGE PROTECTION SERVICES IN SOUTHEASTERN LA LA DIXIE ELECTRIC MEMBERSHIP CORPORATION C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 DIXIE ELECTRIC MEMBERSHIP CORPORATION O 63482 LABOR DISTRIBUTION DIXIE ELECTRIC MEMBERSHIP CORPORATION S N/A - LESS THAN $50,000