Rural Educational Association Of Kentucky

Organization Overview

Rural Educational Association Of Kentucky is located in Springboro, OH. The organization was established in 1938. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rural Educational Association Of Kentucky 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 09/2023, Rural Educational Association Of Kentucky generated $260.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (29.8%) each year. All expenses for the organization totaled $116.9k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (33.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Rural Educational Association Of Kentucky has awarded 11 individual grants totaling $148,800. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ASSOCIATION IS PLANNING TO SUPPORT THE DEVELOPMENT AND OPERATION OF A LIFE PLAN COMMUNITY TO INCLUDE INDEPENDENT LIVING, PERSONAL CARE, AND RELATED PROGRAMS TO SERVE SENIOR CITIZENS. THE ASSOCIATION ALSO PROVIDES SCHOLARSHIP FUNDS TO WORTHY STUDENTS AT VARIOUS NON-PROFIT EDUCATIONAL ACADEMIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE RURAL EDUCATIONAL ASSOCIATION OF KENTUCKY IS A PHILANTHROPIC ORGANIZATION SHARING CHRIST TO PEOPLE BY MAXIMIZING THE STEWARDSHIP AND ALLOCATION OF OUR RESOURCES TO FUND EDUCATION AND MINISTRY PROJECTS.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Rabuka
President
$82,441
Tom Clark
Vice President
$0
Danny Dubosque
Secretary
$0
Paul Adeogun
Director
$0
Lee Hall
Director
$0
Liz B Muhlenbeck
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $260,251
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $260,251

Grants Awarded

Over the last fiscal year, Rural Educational Association Of Kentucky has awarded $36,300 in support to 2 organizations.

Grant RecipientAmount

LOUISVILLE ADVENTIST ACADEMY

PURPOSE: WORTHY STUDENT FUND

$20,000

PEWEE VALLEY SDA CHURCH

PURPOSE: WORTHY STUDENT ASSISTANCE FUND

$16,300
View Grant Profile

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