Nonprofit · EIN 61-1777637
CLAY ELECTRIC FOUNDATION INC
Tax-exempt · KEYSTONE HGTS, FL 32656
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $951,425 | $979,650 | -$28,225 | $209,236 | $0 | $209,236 |
| December 31, 2023 | 990 | $932,077 | $962,210 | -$30,133 | $237,461 | $0 | $237,461 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $951,425
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $979,650
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $979,650
Balance sheet and other
- Total assets, start of year
- $237,461
- Total assets, end of year
- $209,236
- Total liabilities, end of year
- $0
- Net assets, end of year
- $209,236
- Net assets without donor restrictions
- $209,236
- Gross receipts
- $951,425
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2015
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN E BAILEY | PRESIDENT/BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| KATHLEEN R BARROW | VICE-PRESIDENT/BOARD MEMBE Trustee or director, Officer | 1 | $0 |
| REGINAL L BROWN | SECRETARY/MEMBER Trustee or director, Officer | 1 | $0 |
| DENNIS CHESSER | TREASURER/MEMBER Trustee or director, Officer | 1 | $0 |
| SUSAN MCCOOL | BOARD MEMBER Trustee or director | 1 | $0 |
| PAM WHITTLE | BOARD MEMBER Trustee or director | 1 | $0 |
| JOE BUCCI | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN ROBERTS JR | BOARD MEMBER Trustee or director | 1 | $0 |
| CAROL B KNIGHT | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN E BAILEY | PRESIDENT/BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| KATHLEEN R BARROW | VICE-PRESIDENT/BOARD MEMBE Trustee or director, Officer | 1 | $0 |
| REGINAL L BROWN | SECRETARY/MEMBER Trustee or director, Officer | 1 | $0 |
| RICHARD L FEAGLE | TREASURER/MEMBER Trustee or director, Officer | 1 | $0 |
| SUSAN MCCOOL | BOARD MEMBER Trustee or director | 1 | $0 |
| PAM WHITTLE | BOARD MEMBER Trustee or director | 1 | $0 |
| JOE BUCCI | BOARD MEMBER Trustee or director | 1 | $0 |
| DENNIS CHESSER | BOARD MEMBER Trustee or director | 1 | $0 |
| CAROL B KNIGHT | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 308, KEYSTONE HGTS, FL 32656-0308
- Principal officer (990 for 2024)
- STEPHEN BAILEY, PO BOX 308, KEYSTONE HEIGHTS, FL 32656
- Signed the 990
- STEPHEN BAILEY, PRESIDENT
- Phone
- (352) 473-8000
- Return prepared by
- NICHOLS CAULEY & ASSOCIATES LLC
Mission
THE ACCUMULATION AND DISBURSEMENT OF FUNDS FOR CHARITABLE, EDUCATIONAL AND OTHER WORTHY PURPOSES IN THE 14 COUNTY SERVICE AREA OF CLAY ELECTRIC COOPERATIVE, INC.
Program accomplishments
- THE ACCUMULATION AND DISBURSEMENT OF FUNDS FOR CHARITABLE, EDUCATIONAL AND OTHER WORTHY PURPOSES IN THE 14 COUNTY SERVICE AREA OF CLAY ELECTRIC COOPERATIVE, INC.Expenses $979,650 · grants $979,650 · revenue $951,425
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 61-1777637
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $209,236
- Income (IRS master file)
- $951,425
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $951,425 | $979,650 | $209,236 | IRS |
| 990 | December 2023 | $932,077 | $962,210 | $237,461 | IRS |
| 990 | December 2022 | $888,411 | $927,692 | $282,594 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-1777637).
Questions about CLAY ELECTRIC FOUNDATION INC
- What is the EIN of CLAY ELECTRIC FOUNDATION INC?
- The employer identification number (EIN) of CLAY ELECTRIC FOUNDATION INC is 61-1777637.
- Is CLAY ELECTRIC FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to CLAY ELECTRIC FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CLAY ELECTRIC FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CLAY ELECTRIC FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CLAY ELECTRIC FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CLAY ELECTRIC FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names STEPHEN BAILEY.
- Who are the officers and directors of CLAY ELECTRIC FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does CLAY ELECTRIC FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $951,425, expenses of $979,650 and total assets of $209,236 at year end.
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