Ruritan National Corp
- Assets
- $430.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Galax, VA
- Founding
- 10/1966
- Data as of
- 12/2021
- EIN
- 54-6064480
Organization Overview
Ruritan National Corp is located in Galax, 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 $28.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $16.2k 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
DONATIONS TO VARIOUS ORGANIZATIONS AND INDIVIDUALS IN NEED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Payne President | 5 | $0 | |
Jo Ellen Mabe Secretary | 5 | $0 | |
Betty Payne Treasurer | 5 | $0 | |
David Flippin Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $486 |
| Investment income | $3,629 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$900 |
| Other Revenue | $19,339 |
| Total Revenue | $28,554 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $4,493 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,738 |
| Total expenses | $16,231 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $318,806 |
| Other assets | $0 |
| Total assets | $430,296 |
| Total liabilities | $0 |
| Net assets or fund balances | $430,296 |
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