Recreation Vehicle Technical Institute Inc is located in Elkhart, IN. The organization was established in 2019. According to its NTEE Classification (N19) the organization is classified as: Support N.E.C., under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Recreation Vehicle Technical Institute 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 12/2023, Recreation Vehicle Technical Institute Inc generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE THE RV CONSUMER EXPERIENCE BY GROWING THE POOL OF TRAINED SERVICE TECHNICIANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TECHNICAL EDUCATION:TECHNICAL RV TECHNICIAN TRAINING AND CREDENTIALING THROUGH SPECIFIED CURRICULUM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Craig A Kirby President | OfficerTrustee | 5 | $0 |
James Ashurst Executive Vice President | Officer | 5 | $0 |
Curtis Hemmeler Senior Vice President Rvia/ Ed Rvti | OfficerTrustee | 35 | $0 |
Carroll Atkins Senior Director, Finance | Officer | 5 | $0 |
Sharonne T Lee Vice President | Officer | 40 | $0 |
Robert J Schmitt VP & General Counsel | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Rv Industry Association Prof. Svcs. - Operations | 12/30/23 | $1,608,995 |
Bisk Education Online Learning Service Design/mrkting | 12/30/23 | $454,782 |
Thought Industries Learning Management System (Lms) Softwar | 12/30/23 | $127,778 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $1,500,000 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $73,870 |
Noncash contributions included in lines 1a–1f | $63,530 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,573,870 |
Total Program Service Revenue | $1,542,326 |
Investment income | $0 |
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 | $3,116,196 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $451,147 |
Compensation of current officers, directors, key employees. | $94,741 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $751,606 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $223,799 |
Payroll taxes | $78,143 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,706 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $554,751 |
Advertising and promotion | $0 |
Office expenses | $162,861 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $107,187 |
Travel | $137,131 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $110,071 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $145,404 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $2,882,962 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $791,349 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $178,500 |
Accounts receivable, net | $1,517,230 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $52,513 |
Net Land, buildings, and equipment | $301,615 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,200,000 |
Total assets | $4,041,207 |
Accounts payable and accrued expenses | $276,011 |
Grants payable | $0 |
Deferred revenue | $341,067 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $617,078 |
Net assets without donor restrictions | $3,175,355 |
Net assets with donor restrictions | $248,774 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $4,041,207 |