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Palmetto Electric Trust

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$421k (2023)

Expenses
$406k (2023)

Total Assets
$670k (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2010 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$421,213
Expenses
$405,878
Net Income
$15,335
Net Assets
$669,867
Notable Sources of Revenue Percent of Total Revenue
Contributions $420,144
99.7%
Program Services $0
Investment Income $1,069
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $669,867
Total Liabilities $0
Net Assets $669,867
Compensation
Key Employees and Officers Compensation Related Other
Ernie Avant (Chairman) $0 $0 $0
John Tignor (Vice Chairma) $0 $0 $0
Cindy Swailes (Secretary/Tr) $0 $0 $0
Jannie Barnes (Director) $0 $0 $0
Shelly Hudson (Director) $0 $0 $0
Susan Johnson (Director) $0 $0 $0
Chip Mikell (Director) $0 $0 $0
Mark Berglind (Director) $0 $0 $0
Linda Ferguson (Director) $0 $0 $0
Annie Goodman (Director) $0 $0 $0
Deborah S Govan (Director) $0 $0 $0
Earl Green (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$438,733
Expenses
$388,462
Net Income
$50,271
Net Assets
$654,532
Notable Sources of Revenue Percent of Total Revenue
Contributions $438,085
99.9%
Program Services $0
Investment Income $648
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $654,532
Total Liabilities $0
Net Assets $654,532
Compensation
Key Employees and Officers Compensation Related Other
Ernie Avant (Chairman) $0 $0 $0
John Tignor (Vice Chairma) $0 $0 $0
Cindy Swailes (Secretary/Tr) $0 $0 $0
Linda Ferguson (Director) $0 $0 $0
Annie Goodman (Director) $0 $0 $0
Sally Hudson (Director) $0 $0 $0
Stephen E Deloach (Director) $0 $0 $0
Deborah S Govan (Director) $0 $0 $0
Susan Johnson (Director) $0 $0 $0
Mark Berglind (Director) $0 $0 $0
Janie Barnes (Director) $0 $0 $0
Earl Green (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$430,808
Expenses
$279,723
Net Income
$151,085
Net Assets
$604,261
Notable Sources of Revenue Percent of Total Revenue
Contributions $430,273
99.9%
Program Services $0
Investment Income $535
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $604,261
Total Liabilities $0
Net Assets $604,261
Compensation
Key Employees and Officers Compensation Related Other
Kirk Taylor (Chairman) $0 $0 $0
Jannie Barnes (Vice Chairma) $0 $0 $0
Cindy Swaile (Secretary/Tr) $0 $0 $0
Linda Ferguson (Director) $0 $0 $0
Annie Goodman (Director) $0 $0 $0
Ernie Avant (Director) $0 $0 $0
Stephen E Deloach (Director) $0 $0 $0
Deborah S Govan (Director) $0 $0 $0
Susan Johnson (Director) $0 $0 $0
Mark Berglind (Director) $0 $0 $0
John Tignor (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$499,997
Expenses
$552,838
Net Income
-$52,841
Net Assets
$453,176
Notable Sources of Revenue Percent of Total Revenue
Contributions $499,091
99.8%
Program Services $0
Investment Income $906
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $453,176
Total Liabilities $0
Net Assets $453,176
Compensation
Key Employees and Officers Compensation Related Other
Kirk Taylor (Chairman) $0 $0 $0
Earl Green (Vice Chairma) $0 $0 $0
Delores Stone (Secretary/Tr) $0 $0 $0
Alex Pinckney (Director) $0 $0 $0
Ernie Avant (Director) $0 $0 $0
David White (Director) $0 $0 $0
Stephen E Deloach (Director) $0 $0 $0
Deborah S Govan (Director) $0 $0 $0
Judy Tuten (Director) $0 $0 $0
Mark Berglind (Director) $0 $0 $0
John Tignor (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$413,186
Expenses
$355,202
Net Income
$57,984
Net Assets
$506,017
Notable Sources of Revenue Percent of Total Revenue
Contributions $411,697
99.6%
Program Services $0
Investment Income $1,489
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $506,017
Total Liabilities $0
Net Assets $506,017
Compensation
Key Employees and Officers Compensation Related Other
John Kirkland (Chairman) $0 $0 $0
Alex Pinckney (Vice Chairma) $0 $0 $0
Delores Stone (Secretary/Tr) $0 $0 $0
Ernie Avant (Director) $0 $0 $0
Nicholas T Gohagan (Director) $0 $0 $0
Earl Green (Director) $0 $0 $0
Kirk Taylor (Director) $0 $0 $0
Les Nagel (Director) $0 $0 $0
David White (Director) $0 $0 $0
Stephen E Deloach (Director) $0 $0 $0
Deborah S Govan (Director) $0 $0 $0
Judy Tuten (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$390,110
Expenses
$506,883
Net Income
-$116,773
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $388,583
99.6%
Program Services $0
Investment Income $1,527
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $448,033
Total Liabilities $448,033
Net Assets $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$384,925
Expenses
$447,613
Net Income
-$62,688
Net Assets
$564,806
Notable Sources of Revenue Percent of Total Revenue
Contributions $383,137
99.5%
Program Services $0
Investment Income $1,788
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $564,806
Total Liabilities $0
Net Assets $564,806

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$366,981
Expenses
$302,316
Net Income
$64,665
Net Assets
$627,494
Notable Sources of Revenue Percent of Total Revenue
Contributions $365,248
99.5%
Program Services $0
Investment Income $1,733
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $627,494
Total Liabilities $0
Net Assets $627,494

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$386,802
Expenses
$383,273
Net Income
$3,529
Net Assets
$562,829
Notable Sources of Revenue Percent of Total Revenue
Contributions $385,117
99.6%
Program Services $0
Investment Income $1,685
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $562,829
Total Liabilities $0
Net Assets $562,829

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$350,167
Expenses
$298,039
Net Income
$52,128
Net Assets
$559,300
Notable Sources of Revenue Percent of Total Revenue
Contributions $348,577
99.5%
Program Services $0
Investment Income $1,590
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $559,300
Total Liabilities $0
Net Assets $559,300

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$350,441
Expenses
$276,699
Net Income
$73,742
Net Assets
$507,172
Notable Sources of Revenue Percent of Total Revenue
Contributions $348,958
99.6%
Program Services $0
Investment Income $1,483
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $507,172
Total Liabilities $0
Net Assets $507,172

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$335,420
Expenses
$242,078
Net Income
$93,342
Net Assets
$433,430
Notable Sources of Revenue Percent of Total Revenue
Contributions $334,007
99.6%
Program Services $0
Investment Income $1,413
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $433,430
Total Liabilities $0
Net Assets $433,430

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$334,880
Expenses
$330,378
Net Income
$4,502
Net Assets
$340,088
Notable Sources of Revenue Percent of Total Revenue
Contributions $332,574
99.3%
Program Services $0
Investment Income $2,306
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $340,088
Total Liabilities $0
Net Assets $340,088

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$376,000
Expenses
$273,416
Net Income
$102,584
Net Assets
$335,586
Notable Sources of Revenue Percent of Total Revenue
Contributions $372,410
99.0%
Program Services $0
Investment Income $3,590
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $335,586
Total Liabilities $0
Net Assets $335,586

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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