Rural Development Initiatives Inc
- Assets
- $1.5m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 18
- Location
- Coburg, OR
- Founding
- 10/1996
- Data as of
- 12/2023
- EIN
- 93-1073746
Organization Overview
Rural Development Initiatives Inc is located in Coburg, OR. The organization was established in 1996. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2023, Rural Development Initiatives Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rural Development Initiatives 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, Rural Development Initiatives Inc generated $1.6m 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 (9.5%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Rural Development Initiatives Inc has awarded 17 individual grants totaling $389,075. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
RDI DEVELOPS NETWORKS OF RURAL LEADERS, REVITALIZES RURAL ECONOMIES, AND ELEVATES RURAL PRIORITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESILIENT RURAL ECONOMIES - SERVICES THAT MOVE COMMUNITIES AND REGIONS TO ACTION AND IMPLEMENT INNOVATIVE STRATEGIES TO BUILD COMMUNITY WEALTH, JOBS, AND PROSPERITY. RDI'S RURAL ECONOMIC SERVICES HELP TEAMS OF LOCAL COMMUNITY LEADERS UNDERSTAND THEIR ECONOMIC SITUATION, AND APPRECIATE AND BUILD UPON THEIR NATURAL, ECONOMIC, AND CULTURAL ASSETS AND OPPORTUNITIES. OUR WORK RESULTS IN STRONGER LOCAL EFFORTS AND SUPPORT SYSTEMS, SMALL BUSINESS SUCCESSES, AND RESILIENT PLACE-BASED STRATEGIES THAT ADDRESS INEQUITIES IN ECONOMIC BENEFIT AND OPPORTUNITY.
COLLECTIVE RURAL LEADERSHIP - SERVICES THAT PROVIDE CAPACITY-BUILDING AND EDUCATIONAL ACTIVITIES FOR INDIVIDUALS IN RURAL COMMUNITIES. RDI'S COMMUNITY LEADERSHIP EFFORTS INCREASE THE DIVERSITY AND NUMBER OF LOCAL PEOPLE ACTIVELY INVOLVED, CONNECTED, AND EFFECTING CHANGE TO BENEFIT RURAL COMMUNITIES. OUR WORK RESULTS IN ENGAGED AND SKILLED LOCAL LEADERS WHO ARE BETTER PREPARED TO WORK TOGETHER AND ACROSS DIFFERENCES, ADDRESS COMPLEX CHALLENGES, AND BUILD COMMUNITY.
INCLUSIVE RURAL POLICY & EQUITABLE RESOURCES - SERVICES THAT ASPIRE TO CLOSE THE RURAL RESOURCE GAP AND REACH POLITICAL EQUITY. RDI'S POLICY AND RESOURCE WORK EDUCATES, ACTIVATES, AND SUPPORTS RURAL COMMUNITY LEADERS AND NETWORKS TO AFFECT SYSTEMS CHANGE. OUR POLICY WORK RESULTS IN A REPRESENTATIVE PIPELINE OF RURAL LEADERS WHO ARE PARTICIPATING IN GOVERNANCE AND POLICIES AT LOCAL, STATE, AND NATIONAL LEVELS AND STRENGTHENED NETWORKS OF RURAL LEADERS ACROSS OUR REGION AND THE NATION. OUR FUNDING SPECIFIC WORK RESULTS IN INCREASED FUNDING FOR COMMUNITY PRIORITIES, MORE LOCAL PEOPLE SKILLED AT FUND DEVELOPMENT, AND INCREASED RURAL FUNDING SOURCES AND INVESTMENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taylor Sarman Board Chair | OfficerTrustee | 2 | $0 |
Deb Smith Board Vice Chair | OfficerTrustee | 1 | $0 |
Katie Sheffield Board Treasurer | OfficerTrustee | 1 | $0 |
Mallorie Roberts Board Secretary | OfficerTrustee | 1 | $0 |
Amy Callahan-Tracewell Board Past Chair | OfficerTrustee | 1 | $0 |
Juan Barraza Board Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $584,361 |
| All other contributions, gifts, grants, and similar amounts not included above | $778,876 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,363,237 |
| Total Program Service Revenue | $229,046 |
| Investment income | $3,612 |
| 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 | $1,602,501 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,475 |
| Grants and other assistance to domestic individuals. | $44,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $189,879 |
| Compensation of current officers, directors, key employees. | $97,642 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $751,075 |
| Pension plan accruals and contributions | $15,889 |
| Other employee benefits | $57,044 |
| Payroll taxes | $65,255 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $178 |
| Fees for services: Accounting | $63,602 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $287,902 |
| Advertising and promotion | $3,076 |
| Office expenses | $28,898 |
| Information technology | $36,815 |
| Royalties | $0 |
| Occupancy | $31,174 |
| Travel | $119,548 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,577 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,775 |
| Insurance | $6,318 |
| All other expenses | $0 |
| Total functional expenses | $1,761,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $544,542 |
| Savings and temporary cash investments | $507,939 |
| Pledges and grants receivable | $370,933 |
| Accounts receivable, net | $13,500 |
| 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 | $20,046 |
| Net Land, buildings, and equipment | $5,108 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,462,068 |
| Accounts payable and accrued expenses | $118,561 |
| Grants payable | $0 |
| Deferred revenue | $57,235 |
| 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 | $175,796 |
| Net assets without donor restrictions | $543,493 |
| Net assets with donor restrictions | $742,779 |
| 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 | $1,462,068 |
Grants Awarded
Over the last fiscal year, Rural Development Initiatives Inc has awarded $72,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
EUVALCREE PURPOSE: PROJECT GRANT | $10,000 |
CITY OF VENETA PURPOSE: PROJECT GRANT | $20,000 |
BLUE MOUNTAIN ACTION COUNCIL PURPOSE: PROJECT GRANT | $8,000 |
LAUNCH PAD BAKER PURPOSE: PROJECT GRANT | $7,000 |
HIGH DESERT PARTNERSHIP PURPOSE: PROJECT GRANT | $10,000 |
NE OREGON ECONOMIC DEVELOPMENT DISTRICT PURPOSE: PROJECT GRANT | $7,000 |