Overview
What is Rvr Foundation Inc?
Rvr Foundation Inc, established in 2013 as a subsidiary of the YMCA, is a charitable organization based in Williamsport, Pennsylvania. Its primary goal is to finance the construction of a new facility for the River Valley Regional YMCA, which is then leased back to the YMCA. This collaboration aims to support the River Valley Regional YMCA's mission, contributing to its charitable functions and better serving the community. The foundation operates with a small team of three employees.
Is Rvr Foundation Inc legitimate?
Rvr Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rvr Foundation 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
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What is the mission statement of Rvr Foundation Inc?
The Rvr Foundation Inc., established as a charitable entity, is primarily dedicated to supporting the River Valley Regional YMCA. This support materializes through financing the acquisition of a new facility, which subsequently gets leased back to the YMCA. The foundation's mission is aligned with the charitable purposes of the YMCA, aiming to enhance their capabilities and expand their reach. The Rvr Foundation was formed in 2013 as a wholly-controlled affiliate of the YMCA, a 501(c)(3) organization, with the primary objective of funding the project costs for constructing a new Williamsport branch YMCA facility.
Who is the CEO of Rvr Foundation Inc?
Bob Elion is the President of Rvr Foundation Inc. The CEO's salary of Rvr Foundation Inc is $0 and their total compensation is $141,324.
What is the revenue of Rvr Foundation Inc?
Rvr Foundation Inc's revenue in 2020 was $389,371.
Who are the executives of Rvr Foundation Inc and what are their salaries?
There are 3 employees and 3 volunteers at Rvr Foundation Inc.
Here are 5 key members and their salaries (Rvr Foundation Inc's CEO's salary is $0 and their total compensation is $141,324):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $117,198
- Other: $24,126
- Compensation: $0
- Related: $83,531
- Other: $3,194
Where can I find the form 990 for Rvr Foundation Inc?
Rvr Foundation Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Rvr Foundation Inc
Rvr Foundation Inc, a charitable organization established in 2013, was formed with a specific mission to support the River Valley Regional YMCA. This mission involves financing the construction of a new facility, which is then leased back to the YMCA. The primary objective of Rvr Foundation Inc is to aid the YMCA in its charitable purposes, including the acquisition of property and leasing facilities. By providing financial resources for project costs, Rvr Foundation Inc plays a crucial role in enabling the YMCA to expand its services and facilities, ultimately benefiting the community it serves.
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Impact
October, 2024
Rvr Foundation Inc significantly enhances the community by financing a new facility for the River Valley Regional YMCA, ultimately fostering a space that supports health, fitness, and recreation. Established in 2013, the foundation plays a critical role in acquiring funds to cover the costs associated with constructing the Williamsport Branch YMCA facility, which is then leased back to the YMCA. This collaboration ensures that the YMCA can continue to provide essential recreational programs and services that benefit residents of Williamsport, PA, and the surrounding areas. By facilitating access to quality facilities, Rvr Foundation Inc contributes to the overall well-being and development of the community, promoting active lifestyles and community engagement.
This information is meant to be a general summary of Rvr Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $37
- Program Service Revenue: $389,334
- Gross Receipts: $389,371
Assets and Liabilities:
- Total Assets: $7,662,462
- Total Liabilities: $5,720,092
- Net Assets: $1,942,370
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$389,334
Organization Details
Founding Year
2013
Phone
(570) 323-7134Principal Officer
Bob Elion
Main Address
641 WALNUT ST, WILLIAMSPORT, PA, 17701
NTEE Category
Code: N11 - Recreation
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