Hood River Electric Cooperative Veba Tr
EIN: 352677997 · Odell, OR · NTEE: Y43
| Metric | Value |
|---|---|
| Total Revenue | $171K |
| Total Expenses | $56K |
| Net Assets | $265K |
Is Hood River Electric Cooperative Veba Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hood River Electric Cooperative Veba Tr
Hood River Electric Cooperative Veba Tr (EIN: 352677997) is a nonprofit organization based in Odell, OR, classified under NTEE code Y43. The organization reported total revenue of $171K and total assets of $311K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hood River Electric Cooperative Veba Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hood River Electric Cooperative Veba Tr is a small nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -11.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $95K |
| Total Expenses | $56K |
| Surplus / Deficit | +$39K |
| Total Assets | $265K |
| Net Assets | $265K |
| Operating Margin | 41.2% |
| Months of Reserves | 57.3 months |
Financial Health Grade: A
In 2023, Hood River Electric Cooperative Veba Tr reported a surplus of $39K with revenue exceeding expenses, holds 57.3 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), Hood River Electric Cooperative Veba Tr's revenue has declined at a compound annual growth rate (CAGR) of -11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.5% | +29.6% | +30.4% |
| 2022 | +45.4% | -32.2% | +52.8% |
| 2021 | -33.7% | +93.3% | +27.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hood River Electric Cooperative Veba Tr has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hood River Electric Cooperative Veba Tr with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $39K, with revenue exceeding expenses.
Frequently Asked Questions about Hood River Electric Cooperative Veba Tr
Is Hood River Electric Cooperative Veba Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Hood River Electric Cooperative Veba Tr (EIN: 352677997) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hood River Electric Cooperative Veba Tr spend its money?
Detailed spending breakdown data is not yet available for Hood River Electric Cooperative Veba Tr. Check back for updated IRS 990 analysis.
Are donations to Hood River Electric Cooperative Veba Tr tax-deductible?
Hood River Electric Cooperative Veba Tr is registered as a tax-exempt nonprofit (EIN: 352677997). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hood River Electric Cooperative Veba Tr located?
Hood River Electric Cooperative Veba Tr is headquartered in Odell, Oregon and files with the IRS under EIN 352677997. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Hood River Electric Cooperative Veba Tr have?
Hood River Electric Cooperative Veba Tr has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $171K in total revenue.
Filing History
IRS 990 filing history for Hood River Electric Cooperative Veba Tr showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Hood River Electric Cooperative Veba Tr's revenue has declined by 30.1%, moving from $135K to $95K. Total assets increased by 153.9% over the same period, from $105K to $265K. Total functional expenses rose by 69.8%, from $33K to $56K. In its most recent filing year (2023), Hood River Electric Cooperative Veba Tr reported a surplus of $39K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $95K | $56K | $265K | $0 | — | — |
| 2022 | $130K | $43K | $204K | $0 | — | View 990 |
| 2021 | $90K | $63K | $133K | $0 | — | View 990 |
| 2020 | $135K | $33K | $105K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $95K, expenses of $56K, and assets of $265K (revenue -27.5% year-over-year).
- 2022: Revenue of $130K, expenses of $43K, and assets of $204K (revenue +45.4% year-over-year).
- 2021: Revenue of $90K, expenses of $63K, and assets of $133K (revenue -33.7% year-over-year).
- 2020: Revenue of $135K, expenses of $33K, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hood River Electric Cooperative Veba Tr:
Data Sources and Methodology
This transparency report for Hood River Electric Cooperative Veba Tr is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.