CUIVRE RIVER ELECTRIC COMMUNITY TR… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Phone

8003923709

Tax Period

2023-01-01 to 2023-12-31

CUIVRE RIVER ELECTRIC COMMUNITY TRUST INC, founded in 1997, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $390K in total revenue in fiscal year 2023. Expenses of $370K left a modest 5% surplus.

Mission

TO HELP INDIVIDUALS, FAMILIES AND COMMUNITIES ADDRESS UNMET NEEDS IN THE AREAS OF HEALTH, YOUTH, EDUCATION, HOME WEATHERIZATION, COMMUNITY AND EMERGENCY SERVICES.

Program Service Accomplishments

Program 1

Expenses: $369,858 Revenue: $0

OPERATION ROUND-UP - PROVIDED ASSISTANCE TO INDIVIDUALS AND OTHER CHARITABLE ORGANIZATIONS IN THE SERVICE AREA. ASSISTANCE INCLUDED MEDICAL, DENTAL, JOB TRAINING SCHOLARSHIPS, WEATHERIZATION...

OPERATION ROUND-UP - PROVIDED ASSISTANCE TO INDIVIDUALS AND OTHER CHARITABLE ORGANIZATIONS IN THE SERVICE AREA. ASSISTANCE INCLUDED MEDICAL, DENTAL, JOB TRAINING SCHOLARSHIPS, WEATHERIZATION, SHELTER, CLOTHING AND FOOD TO INDIGENT, ELDERLY AND HANDICAPPED INDIVIDUALS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $390,032

Program Service Revenue $0

Investment Income $151

Other Revenue $0

TOTAL REVENUE $390,183

Expense Breakdown

Grants Paid $369,858

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $369,858

Other Expenses $0

TOTAL EXPENSES $369,858

Year-over-Year Comparison

	2023	2022	Change
Revenue	$390,183	$369,544	+0.1%
Expenses	$369,858	$405,300	-0.1%
Net Income	$20,325	$-35,756	-1.6%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$682,722

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	VICE CHAIRMAN	1.0	Officer Director	$0	$0	$0
N/A	CHAIRMAN	1.0	Officer Director	$0	$0	$0
N/A	SECRETARY	1.0	Officer Director	$0	$0	$0
N/A	TREASURER	1.0	Officer Director	$0	$0	$0
N/A	BOARD MEMBER	1.0	Director	$0	$0	$0
N/A	BOARD MEMBER	1.0	Director	$0	$0	$0
N/A	BOARD MEMBER	1.0	Director	$0	$0	$0
N/A	CREC's President & CEO	1.0	Officer	$0	$238,457	$682,722

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$390,183	$369,858	$66,747	$20,325
2022	$369,544	$405,300	$36,294	$-35,756
2021	$362,086	$370,887	$69,293	$-8,801
2020	$357,055	$337,098	$74,170	$19,957
2019	$345,418	$350,968	$39,933	$-5,550
2018	$328,343	$327,994	$40,233	$349

CUIVRE RIVER ELECTRIC COMMUNITY TRUST INC