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Rising Sunohio County First Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 351969409 ✦ Rising sun, IN ✦ Designated as a 501(c)(3)

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Overview

What is Rising Sunohio County First Inc?

Rising Sunohio County First Inc is a nonprofit organization situated in the heart of Rising Sun, Indiana. Their primary mission is to revitalize their local community and the broader Ohio County area through promoting events, arts, tourism, and economic development within the city of Rising Sun. They have been actively involved in historic preservation and economic development activities in the downtown area of Rising Sun, contributing to its overall improvement and growth.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (71%)

Rising Sunohio County First Inc has received a two-star rating from Charity Navigator, indicating a "Needs Improvement" status. The organization demonstrates strong accountability through having 100% independent board members and a solid liabilities to assets ratio of 37.71%. Additionally, it excels in program expenses, operating at a 100% program expense ratio, which suggests that all funds are directed towards its programs.

However, the organization has notable weaknesses, particularly in its financial transparency and governance practices. It has not provided financial statements, resulting in a score of zero in that area. Furthermore, key policies such as a whistleblower policy and a document retention and destruction policy are missing, which raises concerns about its internal controls and accountability measures.

Overall, while Rising Sunohio County First Inc shows potential through its independent governance and focus on program expenses, its lack of financial documentation and crucial policies highlights the need for improvement in transparency and accountability practices.


This AI summary has been generated from information found on Charity Navigator.

Is Rising Sunohio County First Inc legitimate?

Rising Sunohio County First Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rising Sunohio County First Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Rising Sunohio County First Inc?

Rising Sunohio County First Inc aims to revitalize a community, specifically located in Indiana, through the promotion of local events, arts, tourism, and economic development. Their mission is to enhance this area, ensuring its growth and progress. The corporation has been actively involved in historic preservation and economic development projects within the historic downtown area of the community. Their activities are primarily focused on boosting the local economy and promoting cultural events, attracting tourists, and encouraging artistic expression.

Who is the CEO of Rising Sunohio County First Inc?

Steve Slack is the Board Member of Rising Sunohio County First Inc.

What is the revenue of Rising Sunohio County First Inc?

Rising Sunohio County First Inc's revenue in 2022 was $524,177.

Who are the executives of Rising Sunohio County First Inc and what are their salaries?


Here are 6 key members and their salaries:


Tina Rumsey Bovard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rae Gipson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Guard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Kinnett (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bud Radcliff (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Slack (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rising Sunohio County First Inc?

Rising Sunohio County First Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Rising Sunohio County First Inc

Rising Sunohio County First Inc, a nonprofit organization, is committed to revitalizing its community. Specifically, its mission is to breathe new life into the town of Rising Sun, Indiana, and the broader Ohio County region, by promoting local events, arts, tourism, and economic development within Rising Sun. The corporation's activities in historic preservation and economic development have been concentrated in the city's historic downtown area, contributing to the overall revitalization of the community.

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Impact




July, 2024

Rising Sunohio County First Inc has made a significant impact by revitalizing the community of Rising Sun, Indiana, and the greater community of Ohio County. Through the promotion of local events, arts, tourism, and economic development in the city of Rising Sun, this organization has played a crucial role in preserving the historic downtown area and driving growth in the region. By focusing on community improvement initiatives, Rising Sunohio County First Inc has positively influenced the quality of life for residents and the overall economic vitality of the area.




This information is meant to be a general summary of Rising Sunohio County First Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$524,177 (2022)
Expenses
$208,659 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,027
  • Gross Receipts: $674,965

Assets and Liabilities:

  • Total Assets: $6,537,748
  • Total Liabilities: $2,856,546
  • Net Assets: $3,681,202

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Organization Details

Founding Year

1995

Principal Officer

Steve Slack

Main Address

200 N WALNUT STREET, RISING SUN, IN, 47040

NTEE Category

Code: S30 - Community improvement

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