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YORK ELECTRIC TRUST INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
YORK ELECTRIC TRUST INC (EIN 58-2468634)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-05-05
IRS object ID
202341259349300049
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-05-05T10:24:25-04:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN581094351PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MCNAIR MCLEMORE MIDDLEBROOKS & CO LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1POST OFFICE BOX ONEAddressLine1Txt
CityMACONCityNm
State AbbreviationGAStateAbbreviationCd
ZIP312020001ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN582468634EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1YORK ELECTRIC TRUST INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlYORKBusinessNameControlTxt
Phone8036844247PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11385 EAST ALEXANDER LOVE HIGHWAYAddressLine1Txt
CityYORKCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29745ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonE PAUL BASHAPersonNm
Person TitleCEO (YORK ECI)PersonTitleTxt
Phone8036844247PhoneNum
Signature2023-05-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstE PAULPersonFirstNm
Person LastBASHAPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJASON A PEACOCKPreparerPersonNm
PTINP00978537PTIN
Phone4787466277PhoneNum
Preparation2023-05-05PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGARY FARRISPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11385 EAST ALEXANDER LOVE HWYAddressLine1Txt
CityYORKCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29745ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$299,681GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressSCHEDULE OWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Legal Domicile StateSCLegalDomicileStateCd
Activity Or MissionTHE PURPOSE OF THE TRUST IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF YORK ELECTRIC COOPERATIVE, INC.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers9TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$286,653PYContributionsGrantsAmt
CY Contributions Grants$294,872CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$4,087PYInvestmentIncomeAmt
CY Investment Income$4,809CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$290,740PYTotalRevenueAmt
CY Total Revenue$299,681CYTotalRevenueAmt
PY Grants And Similar Paid$243,009PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$265,508CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,000PYOtherExpensesAmt
CY Other Expenses$2,537CYOtherExpensesAmt
PY Total Expenses$245,009PYTotalExpensesAmt
CY Total Expenses$268,045CYTotalExpensesAmt
PY Revenues Less Expenses$45,731PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$31,636CYRevenuesLessExpensesAmt
Total Assets BOY$272,413TotalAssetsBOYAmt
Total Assets EOY$304,049TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$272,413NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$304,049NetAssetsOrFundBalancesEOYAmt
MissionTHE PURPOSE OF THE TRUST IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF YORK ELECTRIC COOPERATIVE, INC.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$265,508ExpenseAmt
Grant$265,508GrantAmt
DescTHE PURPOSE OF THE TRUST IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF YORK ELECTRIC COOPERATIVE, INC.Desc
Total Program Service Expenses$265,508TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonYORK ECIPersonNm
Phone8036844247PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11385 ALEXANDER LOVE HIGHWAYAddressLine1Txt
CityYORKCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29745ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
GARY FARRIS
CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
CHAUNTEL INGALLS
VICE CHAIRMA2.00Yes (X)Yes (X)$0$0$0
ETHEL SUTTON
SECRETARY2.00Yes (X)Yes (X)$0$0$0
SHARON SNEARLY
DIRECTOR2.00Yes (X)$0$0$0
NANCY LOWEY
DIRECTOR2.00Yes (X)$0$0$0
WENDY CLINTON
DIRECTOR2.00Yes (X)$0$0$0
DIANE HOWELL
DIRECTOR2.00Yes (X)$0$0$0
GWEN THOMPSON
DIRECTOR2.00Yes (X)$0$0$0
BILLY R JENKINS
DIRECTOR2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$294,872AllOtherContributionsAmt
Total Contributions$294,872TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,809TotalRevenueColumnAmt
Exclusion$4,809ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$299,681TotalRevenueColumnAmt
Exclusion$4,809ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$246,175TotalAmt
Program Services$246,175ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$19,333TotalAmt
Program Services$19,333ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,537TotalAmt
Management And General$2,537ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$268,045TotalAmt
Program Services$265,508ProgramServicesAmt
Management And General$2,537ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$248,147BOYAmt
EOY$279,300EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$24,266BOYAmt
EOY$24,749EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$272,413BOYAmt
EOY$304,049EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$272,413BOYAmt
EOY$304,049EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$272,413BOYAmt
EOY$304,049EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$272,413BOYAmt
EOY$304,049EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$31,636ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$226,838CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$258,497CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$288,214CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$286,653CurrentTaxYearMinus1YearAmt
Current Tax Year$294,872CurrentTaxYearAmt
Total$1,355,074TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$226,838CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$258,497CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$288,214CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$286,653CurrentTaxYearMinus1YearAmt
Current Tax Year$294,872CurrentTaxYearAmt
Total$1,355,074TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,355,074PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,483CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,585CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,395CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,087CurrentTaxYearMinus1YearAmt
Current Tax Year$4,809CurrentTaxYearAmt
Total$16,359TotalAmt
FieldValueIRS element (for citing)
Total Support$1,371,433TotalSupportAmt
Public Support CY1700.98810PublicSupportCY170Pct
Public Support PY1700.99020PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Recipient Table RecipientTable (18 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtAddress Line2USAddress/AddressLine2Txt
AMERICAN RED CROSS
200 PIEDMONT BLVDROCK HILLSC29732530196605$10,000
CHILDREN'S ATTENTION HOME
PO BOX 2912ROCK HILLSC29732570527092$10,000
CROOKED CREEK FARMS
PO BOX 812YOKSC29745471210683$15,000
HOSPICE AND COMMUNITY CARE
2275 INDIA HOOK RDROCK HILLSC29731570761549$20,000
OTHER COMMUNITY ASSISTANCE
$28,175
RIDEABILITY RIDING CENTER
937 STALLION SPIRIT TRAILCLOVERSC29710464049196$13,000
TENDER HEARTS MINISTRIES
130 INMAN CROSS ROADYORKSC29745412174567$15,000
YORK COUNTY FREE CLINIC
410 OAKLAND AVEROCK HILLSC29730260754486$15,000
HUNGRY HEROES
1507 BRECKENWOOD DRROCK HILLSC29732831093826$10,000
DEFEND THE FATHERLESS
1274 LANGE COURTFORT MILLSC29715842625009$10,000
PILGRIMS INN
PO BOX 11328RIOCK HILLSC29730570789205$10,000236 W MAIN ST
PATHWAYS
PO BOX 4553ROCK HILLSC29732384058007$10,000546 S CHERRY RD SUITE G
PROJECT HOPE
PO BOX 774ROCK HILLSC29731570747305$20,000
PALMETTO WOMEN'S HEALTH CENTER
828 LUCAS STREETROCK HILLSC29730570769792$10,000
FORT MILL CARE CENTER
PO BOX 1401FORT MILLSC29716570897461$20,000
LIFEHOUSE WOMEN'S SHELTER
314 N WILSON STREETROCK HILLSC29730863367602$10,000
YORK ELECTRIC COOPERATIVE
1385 ALEXANDER LOVE HIGHWAYYORKSC29745570274084$10,000
YMCA CAMP CHEROKEE
151 S OAKLAND AVEROCK HILLSC29730570335422$10,000

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeINDIVIDUAL ASSISTANCEGrantTypeTxt
Recipient40RecipientCnt
Cash Grant$19,333CashGrantAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11BFORM 990 IS REVIEWED BY THE BOARD WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM.
FORM 990, PAGE 6, PART VI, LINE 19THE FOUNDATION MAKES ITS BYLAWS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS PART OF ITS FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI SECTION C LINE 18.