FIRELANDS ELECTRIC PEOPLE FUND INC

FIRELANDS ELECTRIC PEOPLE FUND INC FIRELANDS ELECTRIC PEOPLE FUND, INC. WAS ORGANIZED BY THE TRUSTEES OF FIRELANDS ELECTRIC COOPERATIVE, INC. FOR THE PURPOSE OF ACCUMULATING AND DISBURSING FUNDS FOR CHARITABLE PURPOSES WITHIN THE SERVICE AREA OF FIRELANDS ELECTRIC CO-OP., INC. THE FUNDS THAT MAKE UP THE 47,226 SHOWN ON LINE 1 WERE ACCUMULATED BY ROUNDING UP THE ELECTRIC BILLS OF FIRELANDS ELECTRIC CO-OP., INC. CONSUMERS TO THE NEXT HIGHEST DOLLAR. THERE WERE APPROXIMATELY 7,880 CONSUMERS OF FIRELANDS THAT WERE PARTICIPATING IN THE "PEOPLE FUND" AS OF DECEMBER 31, 2024. AN EXAMPLE OF THIS PARTICIPATION IS: A CONSUMER'S ELECTRIC BILL IS 79.79. THE BILL IS ROUNDED UP TO 80.00 WITH .21 GOING INTO THE "PEOPLE FUND".