Ruritan National Corp
- Assets
- $156.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Moravian Falls, NC
- Founding
- 01/1964
- Data as of
- 12/2021
- EIN
- 56-1211717
Organization Overview
Ruritan National Corp is located in Moravian Falls, NC. The organization was established in 1964. 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 $35.6k 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 (3.4%) each year. All expenses for the organization totaled $27.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.0%) 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
CONTRIBUTIONS & FINANCIAL AID GIVEN TO BENEFIT THE CITIZENS OF THE BRUSHY MOUNTAIN COMMUNITY & WILKES COUNTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debi Davis President | 2 | $0 | |
Gary Hayes Vice Preside | 2 | $0 | |
Wade Mcinnis Treasurer | 2 | $0 | |
Sandra Lowe Second Treas | 2 | $0 | |
Robert Beeson Secretary | 2 | $0 | |
Lee Tedder Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,400 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,210 |
| Investment income | $66 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,851 |
| Other Revenue | $5,054 |
| Total Revenue | $35,581 |
| 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 | $3,999 |
| Printing, publications, postage, and shipping | $539 |
| Other expenses | $17,263 |
| Total expenses | $27,931 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,084 |
| Other assets | $0 |
| Total assets | $156,897 |
| Total liabilities | $0 |
| Net assets or fund balances | $156,897 |
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