Ruritan National Corp
- Assets
- $59.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Martinsville, VA
- Founding
- 10/1966
- Data as of
- 12/2021
- EIN
- 54-6064482
Organization Overview
Ruritan National Corp is located in Martinsville, 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 12/2021, Ruritan National Corp generated $30.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $33.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
DONATIONS TO INDIVIDUALS AND CHARITABLE ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Rigney Vice-President | 5 | $0 | |
Ray Martin Jr President | 10 | $0 | |
Michael Williams Treasurer | 10 | $0 | |
Amy Mills Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,889 |
| Total Program Service Revenue | $7,098 |
| Membership dues | $1,271 |
| Investment income | $48 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,691 |
| Other Revenue | $0 |
| Total Revenue | $29,997 |
| 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 | $3,226 |
| Occupancy, rent, utilities, and maintenance | $13,406 |
| Printing, publications, postage, and shipping | $215 |
| Other expenses | $6,320 |
| Total expenses | $33,737 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,157 |
| Other assets | $0 |
| Total assets | $59,553 |
| Total liabilities | $0 |
| Net assets or fund balances | $59,553 |
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