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Operation Round Up®

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Home > Community Service > Operation Round-Up®
Community Service
Operation Round-Up

Since IEC's inception, we have been dedicated to improving the quality of life of people in IEC's service area. We do this by not only providing affordable electric service to our members, but also by our active involvement in a number of important endeavors.

One of the most successful community efforts in which we're involved has been the Operation Round Up® program. Operation Round Up has been an incredibly successful way in which we have been able to help organizations and individuals in our area. Through Operation Round Up, IEC rounds up participating member's electric bills to the next highest dollar. For example, a member's monthly bill of $52.73 would be automatically rounded up to $53.00, with the additional 27 cents going to the Operation Round Up Fund. On an annual basis, we are able to donate roughly six dollars for each participating customer - and that pool of money is then allocated to a variety of worthy causes throughout our service area. This tax-deductable contribution opportunity extends to IEC members and non-members as well.

If you would like to sign up for the Operation Round Up® program, simply give us a call or fillout our online sign-up form.

If you are currently participating in the Operation Round Up® program and would like an additional amount contributed to Operation Round Up each month, simply give us a call or fillout our additional contribution amount online form.

If you would like to make a one-time lump sum contribution to the Operation Round Up, simply give us a call or fillout our one-time lump sum online form.

Non-members who would like to make a tax deductible one-time contribution may do so by calling us at (918) 358-2514 for payment options and mailing instructions or by visiting our Cleveland or Fairfax offices during normal business hours (7:30am - 4pm Monday - Friday).

To request an individual or non-profit organization Operation Round-Up grant application, please contact Clara Eulert, IEC Member Services, 918) 295-9558 or 358-2514, M-F 7:30a - 4:00p. Applicants must live within the IEC service territory. An application will be mailed to the address you provide. Your original signature is required to process the grant application.

(918) 358-2514

or

(800) 482-2750

 
2005   2004
Changes in Unrestricted net assets:
Revenues:
Operation Round Up $41,707.53  

$40,111.81

Investment Income 1464.00   1,094.98
Total $43,171.53   $41,206.79
Expenses:
Grants to:
Fire and police agencies 1,785.00   1,050.00
Educational organizations 2,750.00   3,300.00
Religious organizations 0.00   -
Health care organizations 615.87   2,000.00
Civic organization 2,210.00   2,822.17
Public libraries 0.00   1,000.00
     
Total $7,360.87   $10,172.17
Neighbor Assistance:
Food and household staples 2,594.03   1,223.57
Medical and dental care 3,104.37   1,265.73
Clothing 0.00   -
Home improvement 1,899.00   1,459.72
House and car payments 23,508.23   22,047.34
Miscellaneous 3,013.61   1,062.22
     
Total $34,119.24   $27,058.58
Support Expenses:
Audit fees 1,175.00  

1,175.00

Office supplies 39.06   104.50
Travel expense 3,074.36   2,690.26
Postage 0.00   -
Miscellaneous 100.00   100.00
     
Total $4,388.42   $4,069.31
     
Increase (Decrease) in unrestricted net assets (2,697.00)   (93.27)
     
Net assets at beginning of year 56,380.74   56,474.01
     
Net assets at end of year $53,683.74   $56,380.74
Assets:
Cash 2,751.53   2,113.27
Savings     3,214.55
Investments 50,932.21   51,052.92
Total Assets 53,683.74   $56,380.74
Liabilities and net assets:
Total liabilities -   -
Net assets:
Unrestricted $53,683.74   $56,380.74