Nonprofit · EIN 58-2351746
WALTON ELECTRIC TRUST INC
Tax-exempt · MONROE, GA 30655
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,799,997 | $1,430,774 | $369,223 | $5,772,040 | $0 | $5,772,040 |
| June 30, 2024 | 990 | $1,651,566 | $1,656,972 | -$5,406 | $5,402,817 | $0 | $5,402,817 |
| June 30, 2023 | 990 | $1,708,351 | $1,323,029 | $385,322 | $5,408,223 | $0 | $5,408,223 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,205,609
- Program service revenue
- $329,403
- Investment income
- $264,985
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,379,183
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $1,430,774
Balance sheet and other
- Total assets, start of year
- $5,402,817
- Total assets, end of year
- $5,772,040
- Total liabilities, end of year
- $0
- Net assets, end of year
- $5,772,040
- Net assets without donor restrictions
- $5,772,040
- Gross receipts
- $1,799,997
- Employees
- 0
- Year formed
- 1997
- State of legal domicile
- GA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GLENN GEORGE | DIRECTOR Trustee or director | 1 | $0 |
| DAVID FOY | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| DEEDRA LEACH | DIRECTOR Trustee or director | 1 | $0 |
| HENRY HIBBS | DIRECTOR Trustee or director | 1 | $0 |
| NANCY ABBOTT | DIRECTOR Trustee or director | 1 | $0 |
| ED POLLARD | VICE CHAIRMA Trustee or director, Officer | 2 | $0 |
| PATTI RUIZ | TREASURER Trustee or director, Officer | 2 | $0 |
| JANICE KNIGHT | DIRECTOR Trustee or director | 1 | $0 |
| DEBBIE FOWLER | DIRECTOR Trustee or director | 1 | $0 |
| CINDY HADDON | DIRECTOR Trustee or director | 1 | $0 |
| BILL ROSS | SECRETARY Trustee or director, Officer | 2 | $0 |
| PENNY WARREN | DIRECTOR Trustee or director | 1 | $0 |
| KYLIE MYERS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID FOY | VICE CHAIRMA Trustee or director, Officer | 2 | $0 |
| ED POLLARD | SECRETARY Trustee or director, Officer | 2 | $0 |
| PATTI RUIZ | TREASURER Trustee or director, Officer | 2 | $0 |
| BILL ROSS | DIRECTOR Trustee or director | 1 | $0 |
| CINDY HADDON | DIRECTOR Trustee or director | 1 | $0 |
| DEBBIE FOWLER | DIRECTOR Trustee or director | 1 | $0 |
| GLENN GEORGE | DIRECTOR Trustee or director | 1 | $0 |
| DEEDRA LEACH | DIRECTOR Trustee or director | 1 | $0 |
| NANCY ABBOTT | DIRECTOR Trustee or director | 1 | $0 |
| HENRY HIBBS | DIRECTOR Trustee or director | 1 | $0 |
| JANICE KNIGHT | DIRECTOR Trustee or director | 1 | $0 |
| PENNY WARREN | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM FELDKAMP | DIRECTOR - R Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM FELDKAMP | CHAIRMAN Trustee or director, Officer | – | $0 |
| DAVID FOY | VICE CHAIRMA Trustee or director, Officer | – | $0 |
| ED POLLARD | SECRETARY Trustee or director, Officer | – | $0 |
| PATTI RUIZ | TREASURER Trustee or director, Officer | – | $0 |
| GLENN GEORGE | DIRECTOR Trustee or director | – | $0 |
| DEEDRA LEACH | DIRECTOR Trustee or director | – | $0 |
| HENRY HIBBS | DIRECTOR Trustee or director | – | $0 |
| NANCY ABBOTT | DIRECTOR Trustee or director | – | $0 |
| DEBBIE FOWLER | DIRECTOR Trustee or director | – | $0 |
| DON HARDISON | DIRECTOR Trustee or director | – | $0 |
| CINDY HADDON | DIRECTOR Trustee or director | – | $0 |
| PAT ROESLER | DIRECTOR Trustee or director | – | $0 |
| JANICE KNIGHT | DIRECTOR Trustee or director | – | $0 |
| SYLVIA BYRD PARTIAL | DIRECTOR Trustee or director | – | $0 |
| STEPHANIE HIGGINS PARTIAL | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 260, MONROE, GA 30655-0260
- In care of
- % D RONNIE LEE
- Principal officer (990 for 2024)
- DAVID FOY, PO BOX 260, MONROE, GA 30655
- Signed the 990
- DARLENE P BUTLER, VP OF FINANCE
- Phone
- (770) 267-2505
- Return prepared by
- MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC
Mission
THE PURPOSE OF THE TRUST IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF WALTON EMC.
Program accomplishments
- THE PURPOSE OF THE TRUST IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF WALTON EMC.Expenses $1,430,774 · grants $1,379,183
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 58-2351746
- 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
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P58)
- Assets (IRS master file)
- $5,772,040
- Income (IRS master file)
- $1,799,997
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,799,997 | $1,430,774 | $5,772,040 | IRS |
| 990 | June 2024 | $1,651,566 | $1,656,972 | $5,402,817 | XML |
| 990 | June 2023 | $1,708,351 | $1,323,029 | $5,408,223 | XML |
| 990 | June 2022 | $2,337,063 | $2,652,353 | $5,022,901 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 58-2351746).
Questions about WALTON ELECTRIC TRUST INC
- What is the EIN of WALTON ELECTRIC TRUST INC?
- The employer identification number (EIN) of WALTON ELECTRIC TRUST INC is 58-2351746.
- Is WALTON ELECTRIC TRUST INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to WALTON ELECTRIC TRUST INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WALTON ELECTRIC TRUST 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 WALTON ELECTRIC TRUST INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WALTON ELECTRIC TRUST INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WALTON ELECTRIC TRUST INC?
- The 990 for the year ended June 30, 2025 names DAVID FOY.
- Who are the officers and directors of WALTON ELECTRIC TRUST INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does WALTON ELECTRIC TRUST INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,799,997, expenses of $1,430,774 and total assets of $5,772,040 at year end.
Other nonprofits in MONROE
- EXCEPTIONAL COMMUNITY SERVICES INC EIN 83-0489354 · last filed 990 for 2023
- PATH UNITED INC EIN 45-3861248 · last filed 990 for 2025
- WALTON COUNTY SENIOR CITIZENS COUNCIL INC EIN 58-1076363 · last filed 990 for 2025
- HOMETOWN HEROES OF WALTON INC EIN 84-3784981 · last filed 990-EZ for 2023
- ROTARY INTERNATIONAL EIN 58-6073377 · last filed 990-EZ for 2025
- FRIENDS OF THE MONROE-WALTON COUNTY LIBRARY INC EIN 58-1920836 · last filed 990-N for 2025
- GREATER WORKS OUTREACH EIN 01-0683269 · last filed 990-EZ for 2024
- THREE 4S HAVEN INC EIN 83-4424109 · last filed 990-N for 2025