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Rivermont Collegiate

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

EIN: 420703279 ✦ Bettendorf, IA ✦ Designated as a 501(c)(3)

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Overview

What is Rivermont Collegiate?

Rivermont Collegiate is a dedicated educational institution situated in Bettendorf, Iowa, with the address 1821 Sunset Drive. The nonprofit is committed to fostering academic excellence and nurturing each student's intellectual, character, and creative growth within a stimulating and structured environment. This environment encourages life-long learning, preparing students to actively participate in their local, national, and global communities. Their mission culminated in the successful graduation of the Class of 2022, with all students securing admission to four-year colleges. The organization boasts a staff of 61 individuals, working tirelessly to empower students and shape their futures.


Official website here: www.rivermontcollegiate.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating.

Rivermont Collegiate has received an overall score of 81%, indicating a solid level of accountability and financial health. The rating is derived solely from its accountability and finance metrics, reflecting an emphasis on ethical governance and transparency in its operations. The organization benefits from having a fully independent board, which is crucial for maintaining objectivity and integrity.

Among the organizational strengths, Rivermont Collegiate excels in financial oversight, boasting a high program expense ratio of 77.23%, which suggests that a significant portion of its funds are directed towards its programs rather than administrative costs. Additionally, it has implemented several key policies, including a conflict of interest policy and a whistleblower policy, both of which contribute to its ethical framework.

While the organization shows strong marks in various accountability measures, the lack of additional beacons or metrics may limit a fuller understanding of its overall impact and effectiveness in fulfilling its mission. However, its commitment to transparency and ethical practices is commendable, making it a responsible choice for potential donors.


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

Is Rivermont Collegiate legitimate?

Rivermont Collegiate is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rivermont Collegiate 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: $243,830
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,969,646

For more financial information, click here


Official website here: www.rivermontcollegiate.org

What is the mission statement of Rivermont Collegiate?

Rivermont Collegiate is committed to fostering academic excellence and nurturing the growth of each student. It achieves this by providing a stimulating, structured environment that encourages intellectual, character, and creative development. The institution guides students towards a lifelong learning path, preparing them to engage fully in their local, national, and global communities. The mission of Rivermont Collegiate is to maximize each student's potential, ensuring they are well-equipped for active participation in various communities.


Official website here: www.rivermontcollegiate.org

Who is the CEO of Rivermont Collegiate?

Max Roach is the Headmaster of Rivermont Collegiate.


Official website here: www.rivermontcollegiate.org

What is the revenue of Rivermont Collegiate?

Rivermont Collegiate's revenue in 2022 was $5,200,589.


Official website here: www.rivermontcollegiate.org

Who are the executives of Rivermont Collegiate and what are their salaries?

The average compensation at Rivermont Collegiate during 2022 was $36,286. There are 61 employees and 50 volunteers at Rivermont Collegiate.


Here are 12 key members and their salaries:


Max Roach (Headmaster)
  • Compensation: $152,105
  • Related: $0
  • Other: $3,240
Kurt Streicher Resigned 1221 (Former Fd)
  • Compensation: $63,599
  • Related: $0
  • Other: $1,272
Gina Reed (Finance Dire)
  • Compensation: $1,346
  • Related: $0
  • Other: $0
Melissa Sears Resigned 422 (Board Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Christopher (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Gleason (Board Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Kempen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Namrata Mallik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Matlock (Board Presid)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Rives (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Thoms (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Zmuda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rivermontcollegiate.org

Where can I find the form 990 for Rivermont Collegiate?

Rivermont Collegiate's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rivermontcollegiate.org

Learn more at the official website: www.rivermontcollegiate.org

Mission Statement of Rivermont Collegiate

Rivermont Collegiate is committed to fostering academic excellence and nurturing each student's potential in a stimulating, structured environment. This educational institution aims to enhance the individual's intellect, character, and creativity, guiding them on a path of lifelong learning. Rivermont Collegiate's mission is to prepare students to engage fully in their local, national, and global communities. By providing a nurturing and supportive environment, Rivermont Collegiate encourages students to grow, develop, and ultimately become responsible and contributing members of society.

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Impact




July, 2024

Rivermont Collegiate's impact is profound in the field of education. By focusing on academic excellence and maximizing the potential of each student, Rivermont Collegiate provides a nurturing, stimulating, and structured environment that advances intellect, character, and creativity. Graduates of Rivermont Collegiate are well-prepared for higher education, with all students from the Class of 2022 being accepted to four-year colleges. This institution guides students on a path of life-long learning and equips them to engage fully in local, national, and global communities. Their commitment to shaping well-rounded individuals who are equipped to succeed academically and contribute meaningfully to society underscores the significant impact Rivermont Collegiate has on its students and the broader community.




This information is meant to be a general summary of Rivermont Collegiate. 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
$5,200,589 (2022)
Expenses
$5,515,851 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,805
  • Program Service Revenue: $4,380,764
  • Gross Receipts: $5,200,589

Assets and Liabilities:

  • Total Assets: $11,494,517
  • Total Liabilities: $8,030,930
  • Net Assets: $3,463,587

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & FEES

Revenue

$2,596,003

AUXILIARY SERVICES

Revenue

$992,699

INSURANCE PROCEEDS NET

Revenue

$571,733

STUDENT BOOKS & FEES

Revenue

$148,552

SUMMER SCHOOL & OTHER

Revenue

$71,777

Organization Details

Founding Year

1884

Principal Officer

Max Roach

Main Address

1821 SUNSET DRIVE, BETTENDORF, IA, 52722

NTEE Category

Code: B200 - Education

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