2021-11-15T08:07:27-06:00 2020-12-31 750882037 BOLINGER SEGARS GILBERT AND MOSS LLP 8215 NASHVILLE AVENUE LUBBOCK TX 79423 990 2020-01-01 134281766 COSERV CHARITABLE FOUNDATION COSE 9403217800 7701 SOUTH STEMMONS FREEWAY CORINTH TX 762101842 BRENT BISHOP SECRETARY/TREASURER 9403217800 2021-11-11 1 BRENT BISHOP 999009999 MATT R WILLIS P00419741 8067473806 2021-11-11 X 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z BRENT BISHOP 7701 SOUTH STEMMONS FREEWAY CORINTH TX 762101842 1289991 0 X WWW.COSERV.COM/COMMUNITY X 2004 TX TO PROVIDE CRITICAL SERVICES TO FAMILIES WITHIN THE COMMUNITY BY SPONSORING LOCAL NOT-FOR-PROFITS. 4 0 0 28 0 0 1430286 1289719 0 0 1339 272 0 0 1431625 1289991 1302539 1155322 0 0 0 0 0 0 0 69402 10048 1371941 1165370 59684 124621 474714 627335 7500 35500 467214 591835 X TO PROVIDE (1) FINANCIAL ASSISTANCE TO INDIVIDUALS AND THEIR FAMILIES THROUGH SPECIFIC ASSISTANCE AND CONTRIBUTIONS TO LOCAL CHARITIES AND COMMUNITY PROJECTS, AND (2) GRANTS TO LOCAL NOT-FOR-PROFITS THAT PROVIDE CRITICAL SERVICES TO THE COMMUNITY AND/OR SUPPORT EDUCATION. 0 0 1165370 1155322 THE ORGANIZATION REVIEWED 23 GRANT REQUESTS, APPROVING FUNDING FOR 21. THE ORGANIZATION DISTRIBUTED FUNDS IN SUPPORT OF THE ONE PRIMARY AREA OF FOCUS: MEET BASIC HUMAN NEEDS.THE ORGANIZATION ALSO REVIEWED FUNDING OF 23 EDUCATION FOUNDATIONS AND APPROVED FUNDING FOR 23.THE ORGANIZATION RESPONDED TO THE CRIPPLING EFFECTS OF COVID 19 ACROSS THE COMMUNITIES SERVED BY FUNNELING $520,700 TO SEVEN SOCIAL SERVICE AGENCIES FOR SUPPORT OF THE BASIC HUMAN NEEDS OF THOSE WHO WERE ADVERSELY IMPACTED. THESE FUNDS WERE MANAGED TO SUPPORT UTILITY PAYMENTS (ELECTRICITY, GAS, AND/OR WATER), EMERGENCY MEDICAL OR REPAIR NEEDS, AND RENT FOR UP TO TWO MONTHS. MONTHLY CONTACT WAS MAINTAINED WITH THESE ORGANIZATIONS AND CLOSE CONTROLS WERE KEPT TO DETERMINE THE USAGE OF DOLLARS, AS WELL AS THE NEED FOR ADDITIONAL SUPPORT. CONTRIBUTIONS TO THE COSERV COVID 19 RELIEF FUND WERE ALSO RECEIVED FROM EMPLOYEES AND MEMBERS/CUSTOMERS. 1165370 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X X BRENT BISHOP TREASURER 9403217800 7701 SOUTH STEMMONS FREEWAY CORINTH TX 76210 ROBBY HAMLIN DIRECTOR 1.00 50.00 X 0 306914 177469 DENISE SMITHERS PRESIDENT 1.00 46.00 X X 0 318003 125923 BRENT BISHOP SECRETARY-TREASURER 1.00 45.00 X X 0 311176 114469 GREG WARD VICE PRESIDENT 1.00 45.00 X X 0 306759 114287 0 1242852 532148 0 0 1 0 0 10048 1279671 1289719 272 272 1289991 0 0 272 1155322 1155322 PAID BY COSERV ELECTRIC 10048 10048 1165370 1165370 0 0 474714 627335 474714 627335 7500 35500 7500 35500 X 467214 591835 467214 591835 474714 627335 124621 0 X X 0 1 X 0 0 X 1100354 1213753 1334761 1430286 1289719 6368873 1100354 1213753 1334761 1430286 1289719 6368873 110308 6258565 439 514 742 1339 272 3306 6372179 0.98220 0.98380 X 0 X 1279943 0 1279943 10048 10048 1289991 1155322 0 1155322 10048 10048 1165370 PART X, LINE 2: THE FOUNDATION HAS ADOPTED THE "UNCERTAIN TAX POSITIONS" PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE PRIMARY TAX POSITION OF THE FOUNDATION IS ITS FILING STATUS AS A TAX EXEMPT ENTITY. THE FOUNDATION DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS), OR OTHER STATE TAXING AUTHORITIES. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATIONS BY FEDERAL TAXING AUTHORITIES FOR YEARS BEFORE 2017. THERE WERE NO PENALTIES OR INTEREST RECOGNIZED DURING THE YEAR ENDED DECEMBER 31, 2020 AND 2019. PART XI, LINE 4B - OTHER ADJUSTMENTS: DONATIONS NETTED WITH EXPENSES ON AUDITED FINANCIALS 10,048. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES NETTED WITH DONATIONS ON AUDITED FINANCIALS 10,048. 1 A CHRISTIAN FOOD PANTRY 1116 DOBIE DRIVE PLANO TX 75074 450635029 501(C)(3) 5000 FOOD PURCHASE ALLEN COMMUNITY OUTREACH 801 EAST MAIN STREET ALLEN TX 75002 751986190 501(C)(3) 169000 3448 A/C UNITS AND FANS IN THE SUMMER/ HEATERS AND BLANKETS IN THE WINTER COVID EMERGENCY FUNDS ALLIANCE IN RECONSTRUCTIVE SURGERY 3401 LEE PARKWAY SUITE 1504 DALLAS TX 75219 461206949 501(C)(3) 15000 MARKETING/FINANCIAL ASSISTANCE ARGYLE ISD EDUCATION FOUNDATION 800 EAGLE DRIVE ARGYLE TX 76226 611413533 501(C)(3) 15000 SCHOLARSHIPS AND GRANTS AUBREY EDUCATION FOUNDATION INC PO BOX 593 AUBREY TX 76227 752876306 501(C)(3) 15000 SCHOLARSHIPS AND GRANTS CARROLLTON-FARMERS BRANCH ISD EDUCATIONAL FOUNDATION 2427 CARRICK STREET FARMERS BRANCH TX 75234 752696093 501(C)(3) 5000 SCHOLARSHIPS AND GRANTS CASA OF DENTON COUNTY 614 NORTH BELL AVENUE DENTON TX 76209 752417472 501(C)(3) 10000 CFE PROGRAM TRAINING AND IMPLEMENTATION CHILDREN AND COMMUNITY HEALTH CENTER 120 SOUTH CENTRAL EXPRESSWAY SUITE 102 MCKINNEY TX 75072 200637782 501(C)(3) 7000 MEDICATION AND MEDICAL SUPPLIES CHRISTIAN COMMUNITY ACTION 200 S MILL STREET LEWISVILLE TX 75067 237319371 501(C)(3) 174000 2435 A/C UNITS AND FANS IN THE SUMMER/ HEATERS AND BLANKETS IN THE WINTER EMERGENCY FUNDING/COVID CHRISTIAN COMMUNITY STOREHOUSE OF KELLER PO BOX 13 KELLER TX 76248 237319371 501(C)(3) 7020 AFTER-SCHOOL READING PROGRAM COMMUNITY LIFELINE CENTER 1601 NORTH WADDILL STREET 102 MCKINNEY TX 75069 752286990 501(C)(3) 99000 3922 A/C UNITS AND FANS IN THE SUMMER/ HEATERS AND BLANKETS IN THE WINTER EMERGENCY FUNDING/COVID CUMBERLAND PRESBYTERIAN CHILDREN'S HOME 909 GREENLEE STREET DENTON TX 76201 750878543 501(C)(3) 9038 COMPUTER EQUIPMENT DENTON ASSISTANCE CENTER 306 NORTH LOOP 288 DENTON TX 76209 752946412 501(C)(3) 9869 PURCHASE VIDEO EQUIPMENT DENTON COMMUNITY FOOD CENTER 306 NORTH LOOP 288 SUITE 400 DENTON TX 76209 204637974 501(C)(3) 20000 FOOD SUPPLIES DENTON COUNTY FRIENDS OF THE FAMILY INC PO BOX 640 DENTON TX 76202 751734175 501(C)(3) 10000 HEALTH AND NUTRITION SUSTAINABILITY PROGRAM DENTON COUNTY MHMR CENTER PO BOX 2346 DENTON TX 76202 751368151 501(C)(3) 2000 EMPOWERMENT AND EDUCATION GROUP DENTON PUBLIC SCHOOL FOUNDATION 1307 NORTH LOCUST DENTON TX 76201 752578743 501(C)(3) 25000 SCHOLARSHIPS AND GRANTS ERA ISD PO BOX 98 ERA TX 76238 756003430 GOVERNMENTAL ENTITY 5000 SCHOLARSHIPS AND GRANTS FAMILY COMPASS 4210 JUNIUS STREET DALLAS TX 75246 752400158 501(C)(3) 10000 DIAPERS/DIAPER CHANGING SUPPLIES FIRST REFUGE MINISTRIES 1701 BROADWAY DRIVE DENTON TX 76201 455606427 501(C)(3) 20000 MEDICAL SUPPLIES AND FOOD PANTRY ITEMS FORNEY ISD EDUCATION LEADERSHIP FOUNDATION 600 SOUTH BOIS DARC FORNEY TX 75126 300268757 501(C)(3) 5000 SCHOLARSHIPS & GRANTS FOUNDATION FOR LOVEJOY SCHOOLS 259 COUNTRY CLUB ROAD ALLEN TX 75002 810625033 501(C)(3) 5000 SCHOLARSHIPS AND GRANTS FRISCO EDUCATION FOUNDATION 5515 OHIO DRIVE FRISCO TX 75035 311689773 501(C)(3) 35000 SCHOLARSHIPS & GRANTS FRISCO FAMILY SERVICES PO BOX 1387 FRISCO TX 75034 752530888 501(C)(3) 134000 4806 A/C UNITS AND FANS IN THE SUMMER/ HEATERS AND BLANKETS IN THE WINTER DAY-TO-DAY EXPENSES FOR COSERV MBRS/CUST HONOR VETERANS NOW 103 INDUSTRIAL LOOP SUITE 1050 FREDRICKSBURG TX 78624 474994310 501(C)(3) 25000 SUPPORT MEALS FOR VETS PROGRAM HOPES DOOR INC 806 AVENUE F PLANO TX 75074 752038796 501(C)(3) 20000 VICTIM SERVICES PROGRAM KRUM VOLUNTEER FIRE DEPARTMENT 400 NORTH FIRST STREET KRUM TX 76249 751426220 501(C)(3) 5000 SIRENS/STEEL POLE/CONTROL SYSTEM UPDATES LAKE CITIES EDUCATION FOUNDATION PO BOX 1294 LAKE DALLAS TX 75065 752906328 501(C)(3) 5000 SCHOLARSHIPS AND GRANTS LEGACY COUNSELING CENTER 4054 MCKINNEY AVENUE SUITE 102 DALLAS TX 75204 752296536 501(C)(3) 15000 HYGIENE/NON-PERISHABLE FOOD ITEMS LEWISVILLE EDUCATION FOUNDATION 400 WEST MAIN STREET LEWISVILLE TX 75057 752333118 501(C)(3) 25000 SCHOLARSHIPS AND GRANTS LITTLE ELM ISD EDUCATION FOUNDATION - ZELLERS CENTER 300 LOBO LANE BOX 6000 LITTLE ELM TX 75068 812884274 501(C)(3) 20000 SCHOLARSHIPS AND GRANTS MCKINNEY EDUCATION FOUNDATION 510 HEARD STREET MCKINNEY TX 75069 752401624 501(C)(3) 15000 SCHOLARSHIPS AND GRANTS MEALS ON WHEELS OF COLLIN COUNTY 600 NORTH TENNESSEE STREET MCKINNEY TX 75069 751544507 501(C)(3) 20000 HOME DELIVERED MEALS PROGRAM MI ESCUELITA PRESCHOOL PO BOX 191487 DALLAS TX 75219 751728505 501(C)(3) 15000 ASPIRE PROGRAM NORTHWEST ISD EDUCATION FOUNDATION PO BOX 77070 FORT WORTH TX 76177 752678804 501(C)(3) 25000 SCHOLARSHIPS & GRANTS PILOT POINT EDUCATIONAL FOUNDATION PO BOX 1289 PILOT POINT TX 76258 752611553 501(C)(3) 5000 GRANTS AND SCHOLARSHIPS PONDER EDUCATION FOUNDATION INC 400 WEST BAILEY STREET PONDER TX 76259 263103947 501(C)(3) 5000 SCHOLARSHIPS & GRANTS PROSPER EDUCATION FOUNDATION 605 EAST 7TH STREET PROSPER TX 75078 752662259 501(C)(3) 15000 SCHOLARSHIPS AND GRANTS SANGER EDUCATION FOUNDATION PO BOX 429 SANGER TX 76266 204067636 501(C)(3) 15000 SCHOLARSHIPS AND GRANTS SPECIAL ABILITIES NORTH TEXAS 1960 ARCHER WAY LEWISVILLE TX 75077 752480904 501(C)(3) 15000 SCHOLARSHIPS AND GRANTS TEXAS NEIGHBORHOOD SERVICES PO BOX 1045 WEATHERFORD TX 76086 751224978 501(C)(3) 6700 1554 A/C UNITS AND FANS IN THE SUMMER/ HEATERS AND BLANKETS IN THE WINTER DAY TO DAY LIVING EXPENSES TEXAS RAMP PROJECT PO BOX 832065 RICHARDSON TX 75083 331139484 501(C)(3) 10000 MATERIALS TO PURCHASE RAMP SUPPLIES TEXAOMA COUNCIL OF GOVERNMENTS 1117 GALLAGHER DRIVE SHERMAN TX 75090 751292195 GOVERNMENTAL ENTITY 8000 EMERGENCY FUNDING/COVID VOLUNTEERS IN SERVICE TO OTHERS (VISTO) PO BOX 607 GAINESVILLE TX 76241 751721053 501(C)(3) 10000 2830 A/C UNITS AND FANS IN THE SUMMER/ HEATERS AND BLANKETS IN THE WINTER EMERGENCY FUNDING/COVID WYLIE ISD EDUCATION FOUNDATION INC PO BOX 117 WYLIE TX 75098 141859786 501(C)(3) 5000 SCHOLARSHIPS & GRANTS 45 PART I, LINE 2: ALL GRANTS AND OTHER ASSISTANCE ARE AWARDED BY THE FOUNDATION'S BOARD OF DIRECTORS. AWARDS ARE BASED ON EITHER EMERGENCY AND SEASONAL NEEDS OR APPLICATIONS SUBMITTED BY GOVERNMENTAL AND NON-PROFIT ORGANIZATIONS. ALL REQUESTING ORGANIZATIONS ARE REQUIRED TO COMPLETE A BASIC APPLICATION AND SUBMIT A NARRATIVE OF THE ORGANIZATION'S STATEMENT OF PURPOSE, PROJECT DESCRIPTION, PROJECT GOALS/OBJECTIVES, A BREAKDOWN OF THE PROJECT BUDGET AND EXPLANATION OF HOW FUNDS WILL BE USED. ADDITIONALLY, THE REQUESTING ORGANIZATION, WHERE APPLICABLE, MUST PROVIDE AN IRS TAX-EXEMPT DETERMINATION LETTER, THEIR CURRENT YEAR'S BUDGET/CASH FLOW STATEMENT, MOST RECENT FORM 990 FILED, AND A LIST OF THE ORGANIZATION'S BOARD OF DIRECTORS. 0 0 0 0 0 0 0 0 0 ROBBY HAMLIN DIRECTOR 0 274295 0 17289 0 15330 0 140699 0 36770 0 484383 0 0 DENISE SMITHERS PRESIDENT 0 284429 0 17889 0 15685 0 89000 0 36923 0 443926 0 0 BRENT BISHOP SECRETARY-TREASURER 0 279321 0 17523 0 14332 0 77621 0 36848 0 425645 0 0 GREG WARD VICE PRESIDENT 0 275173 0 17289 0 14297 0 78395 0 35892 0 421046 0 0 FORM 990, SCHEDULE J, PART II ALL COMPENSATION REPORTED ON SCHEDULE J PART II IS RELATED TO THE DIRECTORS EMPLOYMENT WITH DENTON COUNTY ELECTRIC COOPERATIVE, INC. PER THE BY-LAWS NO DIRECTOR OR MEMBER OF ANY COMMMITTEE OF THE BOARD MAY BE PAID COMPENSATION FOR HIS/HER SERVICE AS A DIRECTOR OR COMMITTEE MEMBER OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 2 DIRECTORS DENISE SMITHERS, BRENT BISHOP, ROBBY HAMLIN AND GREG WARD ARE EMPLOYEE OFFICERS OF DENTON COUNTY ELECTRIC COOPERATIVE (DBA COSERV ELECTRIC). COSERV ELECTRIC IS A RELATED ENTITY OF THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WILL BE PRESENTED TO THE BOARD FOR DISCUSSION AND REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, BOARD MEMBERS MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS OR HER FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION ARRANGEMENT. THE CONFLICT OF INTEREST POLICY IS REVIEWED ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION POSTS THE PRIOR YEAR'S AUDITED FINANCIAL STATEMENTS, THE MOST CURRENT MONTH'S UNAUDITED FINANCIAL STATEMENT, THE MOST CURRENT FORM 990, AND IRS EXEMPTION LETTER ON ITS WEBSITE. ADDITIONALLY, THE FOUNDATION WILL PROVIDE A COMPLETE COPY OF ITS AUDITED FINANCIAL STATEMENTS TO ANYONE WHO REQUESTS A COPY. FORM 990, PART XII, LINE 2C THE BOARD AS A WHOLE IS RESPONSIBLE FOR OVERSEEING THE FINANCIAL STATEMENT AUDIT AND SELECTING THE INDEPENDENT FINANCIAL STATEMENT AUDITOR. DENTON COUNTY ELECTRIC COOPERATIVE INC DBA COSERV ELECTRIC 7701 SOUTH STEMMONS FREEWAY CORINTH TX 76210 750233075 TO PROVIDE SAFE AND RELIABLE ENERGY SOLUTIONS TO OUR MEMBERS/CUSTOMERS. TX 501(C)(12) N/A N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 DENTON COUNTY ELECTRIC COOP INC DBA COSERV ELECTRIC - NA 50000 N N/A - LESS THAN $50,000 DENTON COUNTY ELECTRIC COOP INC DBA COSERV ELECTRIC - NA 50000 O N/A - LESS THAN $50,000 DENTON COUNTY ELECTRIC COOP INC DBA COSERV ELECTRIC - NA 50000 C N/A - LESS THAN $50,000 DENTON COUNTY ELECTRIC COOP INC DBA COSERV ELECTRIC - NA 50000 M N/A - LESS THAN $50,000