Rural Business Innovation Corporation Rbi
- Assets
- $114.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomsburg, PA
- Founding
- 09/1993
- Data as of
- 06/2021
- EIN
- 23-2721618
Organization Overview
Rural Business Innovation Corporation Rbi is located in Bloomsburg, PA. The organization was established in 1993. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rural Business Innovation Corporation Rbi is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Rural Business Innovation Corporation Rbi generated $57.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.3%) each year. All expenses for the organization totaled $74.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (18.2%) per year over the past 6 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
PROVIDE INCUBATOR SPACE THAT FACILITATES THE START-UP OF EARLY STAGE COMPANIES ALONG WITH EDUCATION AND ASSISTANCE TO NEW BUSINESS OWNERS. PROVIDE DIRECT LOANS TO ASSIST START-UP BUSINESSES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucinda Craig Secretary / Executive Director | 40 | $41,040 | |
Dan Mcgann Vice President | 1 | $0 | |
Jon Littlewood Treasurer | 1 | $0 | |
Don Alexander Trustee | 1 | $0 | |
Linda Brown Trustee | 1 | $0 | |
Tessa Bogert-Creasy Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,200 |
| Total Program Service Revenue | $4,585 |
| Membership dues | $0 |
| Investment income | $3,233 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $877 |
| Total Revenue | $57,895 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,382 |
| Professional fees and other payments to independent contractors | $4,850 |
| Occupancy, rent, utilities, and maintenance | $9,595 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,036 |
| Total expenses | $74,863 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,409 |
| Other assets | $0 |
| Total assets | $114,087 |
| Total liabilities | $128,072 |
| Net assets or fund balances | -$13,985 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rural Business Innovation Corporation Rbi has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Community Giving Foundation Berwick, PA PURPOSE: HEALTH & HUMAN SERVICES | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Workforce Development Board Of Central Ohio Columbus, OH | $1,226,414 | $9,387,231 |
Experience Works Inc Severna Park, MD | $76,388 | $8,997,468 |
Superior Direct Care Inc New York, NY | $54,824 | $8,386,212 |
Employment Horizons Inc Cedar Knolls, NJ | $9,191,770 | $9,232,944 |
Strive International Inc New York, NY | $4,296,025 | $8,546,656 |
Central Pennsylvania Workforce Development Corporation Lewisburg, PA | $2,063,323 | $7,980,390 |
Employ Prince Georges Largo, MD | $4,258,774 | $8,835,926 |
Rochesterworks Inc Rochester, NY | $1,383,662 | $7,657,642 |
Job Squad Inc Bridgeport, WV | $7,674,844 | $8,287,475 |
Washington Greene County Job Training Agency Inc Washington, PA | $1,089,406 | $7,552,345 |
Lancaster County Workforce Investment Board Lancaster, PA | $4,353,738 | $7,078,315 |
Central Susquehanna Opportunities Inc Shamokin, PA | $2,005,691 | $6,265,439 |