Rebuilding Americas Middle Class Inc

Organization Overview

Rebuilding Americas Middle Class Inc is located in Richmond, VA. The organization was established in 2013. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rebuilding Americas Middle Class Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2022, Rebuilding Americas Middle Class Inc generated $283.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $193.8k during the year ending 12/2022. While expenses have increased by 0.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO REBUILD AMERICA'S MIDDLE CLASS BY ENHANCING STUDENT ACCESS AND SUCCESS AND THROUGH THE PROMOTION OF THE VITAL ROLE COMMUNITY COLLEGES PLAY IN SERVING AMERICANS - WHETHER RIGHT OUT OF HIGH SCHOOL OR LATER IN THEIR CAREERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONSULTATION SERVICES FOR REBUILDING AMERICA'S MIDDLE CLASS (RAMC). RAMC HIRED PENN HILL GROUP TO PROVIDE CONSULTING TO THE GROUP AND ASSIST IN REVIEWING LEGISLATION AND PROMOTE THE COMMON BUSINESS INTEREST OF COMMUNITY COLLEGES TO LEGISLATIVE ENTITIES AND DEVELOP POLICY AND POSITION PAPER DEVELOPMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Monty Sullivan
President And Chairperson
$0
Ellen Davenport
Treasurer
$0
Justin Lonon
Secretary
$0
Randy Schmailzl
Director
$0
Stephen C Head
Director
$0
Paul Czarapata
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$283,000
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$283,000
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $283,000

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