Ruritan National Corp
- Assets
- $113.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mc Dowell, VA
- Founding
- 10/1966
- Data as of
- 12/2023
- EIN
- 54-6057987
Organization Overview
Ruritan National Corp is located in Mc Dowell, VA. The organization was established in 1966. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ruritan National Corp is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Ruritan National Corp generated $58.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $43.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROMOTE CIVIC EFFORTS IN A RURAL COMMUNITY INCUDINGFINANCIAL ASISTANCE, SCHOLARSHIPS,ASSISTANCE TO ELDERLYYOUTH AND OTHER NON-PROFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhonda Obaugh President | 3 | $0 | |
Brent Obaugh Vice President | 3 | $0 | |
Jim Blagg Secretary | 3 | $0 | |
Bryan Obaugh Treasurer | 3 | $0 | |
Ronnie Hodge Director | 0.5 | $0 | |
Tracey Blagg Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,090 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,168 |
| Investment income | $96 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $54,781 |
| Other Revenue | $1,228 |
| Total Revenue | $58,363 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $350 |
| Occupancy, rent, utilities, and maintenance | $23,444 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,005 |
| Total expenses | $43,742 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,062 |
| Other assets | $0 |
| Total assets | $113,097 |
| Total liabilities | $0 |
| Net assets or fund balances | $113,097 |