Nonprofit · EIN 82-1794757
CHELCO FOUNDATION A FLORIDA CORPORATION NOT-FOR-PROFIT
Tax-exempt · DEFUNIAK SPGS, FL 32435
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $212,992 | $134,416 | $78,576 | $2,036,281 | $0 | $2,036,281 |
| December 31, 2024 | 990 | $95,633 | $117,931 | -$22,298 | $1,976,258 | $0 | $1,976,258 |
| December 31, 2023 | 990 | $1,207,152 | $23,867 | $1,183,285 | $1,971,646 | $0 | $1,971,646 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $24,378
- Program service revenue
- $0
- Investment income
- $191,079
- Net gain from sales of assets
- $142,165
- Net income from fundraising events
- -$2,465
- Other revenue
- -$2,465
Expenses
- Grants and similar amounts paid
- $126,311
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $455
- Accounting fees
- $3,000
- Program services (functional)
- $130,811
- Management and general (functional)
- $3,605
Balance sheet and other
- Total assets, start of year
- $1,976,258
- Total assets, end of year
- $2,036,281
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,036,281
- Gross receipts
- $805,636
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2018
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| STEPHEN RHODES DIRECTOR | COMP IS NOT PAID BY THE FO Trustee or director | 1 | $0 | $526,203 | $422,017 |
| ROBIN SHAW DIRECTOR | COMP IS NOT PAID BY THE FO Trustee or director | 1 | $0 | $205,161 | $68,635 |
| BRADY BEARDEN VICE-PRESIDENT | COMP IS NOT PAID BY THE FO Trustee or director, Officer | 1 | $0 | $29,400 | $0 |
| GERALD EDMONDSON PRESIDENT | COMP IS NOT PAID BY THE FO Trustee or director, Officer | 1 | $0 | $24,975 | $0 |
| GAYLE HUGHES SECRETARYTREASURER | COMP IS NOT PAID BY THE FO Trustee or director, Officer | 1 | $0 | $17,850 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| STEPHEN RHODES DIRECTOR | COMP IS NOT PAID BY THE FOUNDATION Trustee or director | 1 | $0 | $497,605 | $354,029 |
| ROBIN SHAW DIRECTOR | COMP IS NOT PAID BY THE FOUNDATION Trustee or director | 1 | $0 | $197,867 | $45,193 |
| BRADY BEARDEN VICE-PRESIDENT | COMP IS NOT PAID BY THE FOUNDATION Trustee or director, Officer | 1 | $0 | $24,010 | $0 |
| GERALD EDMONDSON PRESIDENT | COMP IS NOT PAID BY THE FOUNDATION Trustee or director, Officer | 1 | $0 | $19,110 | $0 |
| GAYLE HUGHES SECRETARYTREASURER | COMP IS NOT PAID BY THE FOUNDATION Trustee or director, Officer | 1 | $0 | $19,110 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GERALD EDMONDSON | PRESIDENT Trustee or director, Officer | 1 | $0 |
| BRADY BEARDEN | VICE-PRESIDENT Trustee or director, Officer | 1 | $0 |
| GAYLE HUGHES | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| STEPHEN RHODES | DIRECTOR Trustee or director | 5 | $0 |
| ROBIN SHAW | DIRECTOR Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 512, DEFUNIAK SPGS, FL 32435-0512
- Mailing address (990-N for 2021)
- 1350 Baldwin Ave, Defuniak Springs FL 32435
- Principal officer (990 for 2025)
- ROBIN SHAW, PO BOX 512, DEFUNIAK SPRINGS, FL 324350512
- Principal officer (990-N for 2021)
- Robin Shaw, 1350 Baldwin Ave, Defuniak Springs FL 32435
- Signed the 990
- ROBIN SHAW, DIRECTOR
- Phone
- (850) 892-2111
- Return prepared by
- JACKSON THORNTON ADVISORS LLC
Mission
THE ORGANIZATION WAS ESTABLISHED BY THE BOARD OF TRUSTEES OF CHOCTAWHATCHEE ELECTRIC COOPERATIVE, INC. (CHELCO) TO SERVE AS A PHHILANTHROPIC 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 AND OTHERS WHO WISH TO SUPPORT CHELCO'S COMMUNITY OUTREACH, WHICH INCLUDES ITEMS LIKE SCHOLARSHIPS AND GRANTS FOR CHARITABLE ORGANIZATIONS.
Program accomplishments
- MURIAL DREBING PROGRAM - BENEFITING VARIOUS ORGANIZATIONS IN THE SURROUNDING AREAS. THE CHELCO FOUNDATION DONATES FUNDS TO THE UNITED WAY, AND THE UNITED WAY USES THEIR SELECTION CRITERIA TO DETERMINE THE RECIPIENTS.Expenses $109,500 · grants $105,000
- INITIATIVES DESIGNED TO BENEFIT LOCAL CHARITABLE ORGANIZATIONS, INCLUDING AMERICAN CANCER SOCIETY, AMERICAN HEART ASSOCIATION, EMERALD COAST AUTISM CENTER, EMERALD COAST CHILDREN'S ADVOCACY CENTER, CHILDREN IN CRISIS AND MATRIX COMMUNITY CHRISTMAS PROGRAM, REFLECTING THE FOUNDATION'S COMMITMENT TO COMMUNITY SERVICE AND SOCIAL RESPONSIBILITY.Expenses $19,811 · grants $19,811
- PROGRAMS SPECIFICALLY DESIGNED TO SUPPORT CHELCO EMPLOYEES AND THEIR FAMILIES, INCLUDING COLLEGE SCHOLARSHIPS AND OTHER ASSISTANCE AS NEEDED.Expenses $1,500 · grants $1,500
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 | 990 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
- 82-1794757
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $2,036,281
- Income (IRS master file)
- $805,636
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $212,992 | $134,416 | $2,036,281 | XML |
| 990 | December 2024 | $95,633 | $117,931 | $1,976,258 | XML |
| 990 | December 2023 | $1,207,152 | $23,867 | $1,971,646 | XML |
| 990 | December 2022 | $724,294 | $18,536 | $710,589 | IRS |
| 990-N for 2021 Officer: Robin Shaw | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Steve Rhodes | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 82-1794757).
Questions about CHELCO FOUNDATION A FLORIDA CORPORATION NOT-FOR-PROFIT
- What is the EIN of CHELCO FOUNDATION A FLORIDA CORPORATION NOT-FOR-PROFIT?
- The employer identification number (EIN) of CHELCO FOUNDATION A FLORIDA CORPORATION NOT-FOR-PROFIT is 82-1794757.
- Is CHELCO FOUNDATION A FLORIDA CORPORATION NOT-FOR-PROFIT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to CHELCO FOUNDATION A FLORIDA CORPORATION NOT-FOR-PROFIT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHELCO FOUNDATION A FLORIDA CORPORATION NOT-FOR-PROFIT 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 CHELCO FOUNDATION A FLORIDA CORPORATION NOT-FOR-PROFIT due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHELCO FOUNDATION A FLORIDA CORPORATION NOT-FOR-PROFIT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CHELCO FOUNDATION A FLORIDA CORPORATION NOT-FOR-PROFIT?
- The 990 for the year ended December 31, 2025 names ROBIN SHAW.
- Who are the officers and directors of CHELCO FOUNDATION A FLORIDA CORPORATION NOT-FOR-PROFIT?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does CHELCO FOUNDATION A FLORIDA CORPORATION NOT-FOR-PROFIT have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $212,992, expenses of $134,416 and total assets of $2,036,281 at year end.
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