Ripley Economic Development Inc
- Assets
- $248.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ripley, OH
- Founding
- 11/1995
- Data as of
- 12/2021
- EIN
- 31-1416955
Organization Overview
Ripley Economic Development Inc is located in Ripley, OH. The organization was established in 1995. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, 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. Ripley Economic Development Inc 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 12/2021, Ripley Economic Development Inc generated $13.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (62.4%) each year. All expenses for the organization totaled $8.9k during the year ending 12/2021. 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 ASSISTANCE TO NEEDY FAMILIES, STUDENTS, AND SCHOOL PROGRAMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Pfeffer Vice President | 1 | $0 | |
Jennifer Cooper Secretary Treasurer | 1 | $0 | |
Randy Smith Board Member | 1 | $0 | |
Michael Mussinan President | 1 | $0 | |
Julie Smith Board Member | 1 | $0 | |
Martha Fithen Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,919 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,919 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,375 |
| Total expenses | $8,875 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $248,848 |
| Other assets | $0 |
| Total assets | $248,848 |
| Total liabilities | $0 |
| Net assets or fund balances | $248,848 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pride Community Services Inc Logan, WV | $3,436,459 | $7,199,401 |
Psats Enola, PA | $11,834,261 | $6,502,359 |
Kentucky River Area Development District Inc Hazard, KY | $5,857,667 | $4,838,342 |
Rural Action Inc The Plains, OH | $1,800,530 | $4,307,921 |
Mountain Association For Community Economic Development Inc Berea, KY | $33,227,736 | $8,576,709 |
West Virginia Community Action Partnerships Inc Charleston, WV | $514,969 | $3,682,058 |
Greater Easton Development Partnership Easton, PA | $6,246,333 | $3,172,729 |
Southeast Kentucky Economic Development Corporation Inc Somerset, KY | $28,123,081 | $3,726,346 |
Progress Fund Greensburg, PA | $56,975,518 | $5,589,608 |
Greater Pittsburgh Chamber Of Commerce Pittsburgh, PA | $334,273 | $1,396,311 |
Kentucky Mountain Housing Development Corporation Inc Manchester, KY | $13,287,100 | $769,226 |
Stark Economic Development Board Inc Canton, OH | $4,016,090 | $2,811,607 |