FAIRFIELD ELECTRIC TRUST INC: Form 990EZ, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- FAIRFIELD ELECTRIC TRUST INC (EIN 57-0980907)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-04-23
- IRS object ID
- 202411149349201411
- Schema version
- 2023v5.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-23T15:41:34-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 570381582 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELLIOTT DAVIS LLCPLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 EAST MOREHEAD STREET SUITE 700 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570980907 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAIRFIELD ELECTRIC TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FAIR | BusinessNameControlTxt |
| Phone | 8037540153 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2500 | AddressLine1Txt |
| City | BLYTHEWOOD | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29016 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FLOYD BRACEY | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 8037540153 | PhoneNum |
| Signature | 2024-04-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | FLOYD | PersonFirstNm |
| Person Last | BRACEY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JANICE A RATICA | PreparerPersonNm |
| PTIN | P00358837 | PTIN |
| Phone | 7043338881 | PhoneNum |
| Preparation | 2024-04-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | N/A | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Gross Receipts | $124,269 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $118,499 | ContributionsGiftsGrantsEtcAmt |
| Investment Income | $5,770 | InvestmentIncomeAmt |
| Total Revenue | $124,269 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $147,005 | GrantsAndSimilarAmountsPaidAmt |
| Other Expenses Total | $4,308 | OtherExpensesTotalAmt |
| Total Expenses | $151,313 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$27,044 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $301,010 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | $4,083 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $278,049 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $290,939 | BOYAmt |
| EOY | $268,278 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,071 | BOYAmt |
| EOY | $9,771 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $301,010 | BOYAmt |
| EOY | $278,049 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $301,010 | BOYAmt |
| EOY | $278,049 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | CHARITABLE DISBURSEMENTS | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | THE PURPOSE OF THE TRUST IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF FAIRFIELD ECI. | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $147,005 | GrantsAndAllocationsAmt |
| Program Service Expenses | $147,005 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $147,005 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (12 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| H PAUL DOVE JR | ||||
| TRUSTEE | 2.00 | $0 | $0 | $0 |
| ERIC GILL | ||||
| TRUSTEE | 2.00 | $0 | $0 | $0 |
| JIM STROMAN | ||||
| TRUSTEE | 2.00 | $0 | $0 | $0 |
| CHIP KREPS | ||||
| TRUSTEE | 2.00 | $0 | $0 | $0 |
| LORETTA KERSEY | ||||
| TRUSTEE | 2.00 | $0 | $0 | $0 |
| JIMMY JACKSON | ||||
| TRUSTEE | 2.00 | $0 | $0 | $0 |
| JAMES A MILLS | ||||
| TRUSTEE | 2.00 | $0 | $0 | $0 |
| JOHN D HANCOCK | ||||
| CHAIRMAN (THRU 6/30/23) | 2.00 | $0 | $0 | $0 |
| TIM MCSWAIN | ||||
| SECRETARY | 2.00 | $0 | $0 | $0 |
| FLOYD BRACEY | ||||
| TREASURER/VICE CHAIRMAN | 2.00 | $0 | $0 | $0 |
| HASKEL BELTON JR | ||||
| VICE CHAIRMAN/CHAIRMAN | 2.00 | $0 | $0 | $0 |
| NANCY SMITH | ||||
| TREASURER (BEGIN 7/1/23) | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | 0 | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | 0 | OrganizationHadUBIInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Direct Indirect Pltcl Expend | $0 | DirectIndirectPltclExpendAmt |
| Made Loans To From Officers | 0 | MadeLoansToFromOfficersInd |
| Tax Imposed Under IRC4911 | $0 | TaxImposedUnderIRC4911Amt |
| Tax Imposed Under IRC4912 | $0 | TaxImposedUnderIRC4912Amt |
| Tax Imposed Under IRC4955 | $0 | TaxImposedUnderIRC4955Amt |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| Tax Imposed On Organization Mgr | $0 | TaxImposedOnOrganizationMgrAmt |
| Tax Reimbursed By Organization | $0 | TaxReimbursedByOrganizationAmt |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAIRFIELD ELECTRIC TRUST | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 701 BLYTHEWOOD ROAD | AddressLine1Txt |
| City | BLYTHEWOOD | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29016 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8037540153 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Donor Advised Fnds | 0 | DonorAdvisedFndsInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Tanning Services Provided | 0 | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| School Operating | 0 | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (1) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $121,229 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $123,967 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $128,676 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $122,796 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $118,499 | CurrentTaxYearAmt |
| Total | $615,167 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $121,229 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $123,967 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $128,676 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $122,796 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $118,499 | CurrentTaxYearAmt |
| Total | $615,167 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $615,167 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $693 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,389 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $974 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $700 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,770 | CurrentTaxYearAmt |
| Total | $9,526 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $624,693 | TotalSupportAmt |
| Public Support CY170 | 0.98480 | PublicSupportCY170Pct |
| Public Support PY170 | 0.99380 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (20 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME | DESCRIPTION: INTERST INCOME. AMOUNT: 5,770. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: FOOD, SHELTER, MEDS. ETC. FOR DISASTER & NEEDY FAMILIES. GRANTEE NAME: AMERICAN RED CROSS. GRANTEE ADDRESS: 2751 BULL STREET COLUMBIA, SC 29201. AMOUNT GIVEN: 10,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: EMERGENCY ASSISTANCE FOR NEEDY FAMILIES. GRANTEE NAME: CAB - CHRISTIAN ASSISTANCE BRIDGE - BLYTHEWOOD. GRANTEE ADDRESS: 126 BLYTHEWOOD RD BLYTHEWOOD, SC 29016. AMOUNT GIVEN: 10,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: EMERGENCY ASSISTANCE FOR NEEDY FAMILIES. GRANTEE NAME: CHRISTIAN COMMUNITY MINISTRIES - KERSHAW. GRANTEE ADDRESS: 110 E DEKALB ST # 1D CAMDEN, SC 29020. AMOUNT GIVEN: 10,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: FOOD, SHELTER, MEDS. & UTILITIES FOR NEEDY FAMILIES. GRANTEE NAME: GRASP - GREAT FALLS REFERRAL & ASSISTANCE SERVICE GRANTEE NAME: GRASP - GREAT FALLS REFERRAL & ASSISTANCE SERVICE. GRANTEE ADDRESS: 802 DEARBORN ST GREAT FALLS, SC 29055. AMOUNT GIVEN: 10,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: OPERATION GIVE-A-TURKEY & ADOPT-THE ELDERLY PROGRAMS - THANKSGIVING & CHRIS. GRANTEE NAME: FAIRFIELD ELECTRIC COOPERATIVE. GRANTEE ADDRESS: P.O. BOX 2500 BLYTHEWOOD, SC 29016. AMOUNT GIVEN: 6,105. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: . GRANTEE NAME: BRIDGE BUILDERS FOR CHRIST. GRANTEE ADDRESS: 650 9TH STREET WINNSBORO, SC 29180. AMOUNT GIVEN: 10,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: . GRANTEE NAME: GOOD SAMARITAN HOUSE OF FAIRFIELD COUNTY. GRANTEE ADDRESS: 205 S CONGRESS STREET WINNSBORO, SC 29180. AMOUNT GIVEN: 10,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: . GRANTEE NAME: INDIVIDUAL AND FAMILY ASSISTANCE. AMOUNT GIVEN: 19,900. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: . GRANTEE NAME: FOUR WEST WATEREE. GRANTEE ADDRESS: 1165 HIGHWAY 1 S STE 300 LUGOFF, SC 29078. AMOUNT GIVEN: 10,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: . GRANTEE NAME: BLESSING BOX. GRANTEE ADDRESS: 657 MCCUTCHEN ST CHARLESTON, SC 29412. AMOUNT GIVEN: 5,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: . GRANTEE NAME: ELGIN BENEVOLENCE FUND. GRANTEE ADDRESS: 1735 WEST HIGHLAND AVE ELGIN, IL 60123. AMOUNT GIVEN: 10,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: . GRANTEE NAME: FAIRFIELD COUNTY FIRE SERVICE. GRANTEE ADDRESS: 880 WEST MOULTRIE ST STE 300 WINNSBORO, SC 29180. AMOUNT GIVEN: 10,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: . GRANTEE NAME: FAIRFIELD COUNTY SHERIFFS OFFICE. GRANTEE ADDRESS: 350 COLOMBIA RD WINNSBORO, SC 29180. AMOUNT GIVEN: 1,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: . GRANTEE NAME: ROSSVILLE FIRE DEPARTMENT. GRANTEE ADDRESS: 3637 MTN GAP RD RICHBURG, SC 29729. AMOUNT GIVEN: 10,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: . GRANTEE NAME: SALKEHATCHIE - FAIRFIELD. GRANTEE ADDRESS: 4908 COLONIAL DRIVE COLOMBIA, SC 29203. AMOUNT GIVEN: 5,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: . GRANTEE NAME: TOWN OF GREAT FALLS FIRE DEPARTMENT. GRANTEE ADDRESS: PO BOX 5021 GREAT FALLS, MT 59403. AMOUNT GIVEN: 10,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 147,005. |
| FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES | DESCRIPTION: OTHER EXPENSES. AMOUNT: 4,308. |
| FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS | DESCRIPTION: CONTRIBUTED SERVICES. AMOUNT: 4,083. |
| FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS | DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 10,071. END OF YEAR AMOUNT: 9,771. |
Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Declaration | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. | DeclarationDesc |