Overview
What is Ritchie County Educational Trust?
The Ritchie County Educational Trust is a nonprofit organization located in Harrisville, West Virginia. Its primary mission is to provide low-interest loans to residents of Ritchie County seeking post-secondary education. Established as a non-commercial, revolving loan program, the Trust aims to assist deserving students in their educational pursuits. Upon completing their studies, students repay the loans at a low interest rate, allowing the funds to be reused for future students. The Trust, currently operated by a single employee, plays a crucial role in making higher education more accessible for individuals in Ritchie County.
Official website here: www.ritchieschools.com
Is Ritchie County Educational Trust legitimate?
Ritchie County Educational Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ritchie County Educational Trust 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.
Here are some key statistics you may want to consider:
Executive Compensation: $18,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Ritchie County Educational Trust?
The Ritchie County Educational Trust (RCET) is an organization that provides low-interest loans to residents of Ritchie County pursuing post-secondary education. Acting as a non-commercial, revolving loan program, the RCET's primary objective is to aid deserving students in their educational pursuits. Students who avail of these loans are expected to repay the amount upon completion of their studies, at a reasonable interest rate. This repayment process allows the trust to make the funds available for other students in the future, thereby continuing its mission of assisting students in their educational journeys.
Official website here: www.ritchieschools.com
Who is the CEO of Ritchie County Educational Trust?
Wendy Snider is the Trustee of Ritchie County Educational Trust.
Official website here: www.ritchieschools.com
What is the revenue of Ritchie County Educational Trust?
Ritchie County Educational Trust's revenue in 2022 was $725,451.
Official website here: www.ritchieschools.com
Who are the executives of Ritchie County Educational Trust and what are their salaries?
The average compensation at Ritchie County Educational Trust during 2022 was $18,000. There are 1 employees at Ritchie County Educational Trust.
Here are 8 key members and their salaries:
- Wendy Snider (Director)
- Timothy L Sweeney (Trustee)
- James G Brown (Trustee)
- Ira Haught (Trustee)
- Claire Robinson (Trustee)
- Martha Hartley (Trustee)
- Lewis Cottrill (Trustee)
- Jack Langford (Trustee)
Official website here: www.ritchieschools.com
Where can I find the form 990 for Ritchie County Educational Trust?
The Ritchie County Educational Trust’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.ritchieschools.com
Learn more at the official website: www.ritchieschools.com
Mission Statement of Ritchie County Educational Trust
The Ritchie County Educational Trust (RCET) is a non-commercial organization that offers low-interest loans to residents of Ritchie County seeking post-secondary education. Its mission is centered around providing financial assistance to deserving students, with the aim of helping them further their education. The unique aspect of this trust is its revolving loan program, which allows students to borrow money at a low rate of interest. Upon completing their studies, these students are expected to pay back the loan, thereby making the funds available for other students in need. This cycle ensures that the trust continues to support the educational aspirations of Ritchie County residents, thereby contributing to their overall development and future prospects.
Impact
This information is meant to be a general summary of Ritchie County Educational Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Ritchie County Educational Trust's impact can be seen in the direct support it provides to students from Ritchie County who are pursuing post-secondary education. By offering low-interest loans, the trust enables these students to access the financial resources needed to further their education. This support not only benefits the individual students by helping them achieve their academic goals but also contributes to the overall educational development of the community. The revolving nature of the loan program ensures that the funds are continually recycled to assist more students in the future, creating a sustainable cycle of educational support within Ritchie County.
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 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1956
Phone
(304) 643-2460
Principal Officer
Wendy Snider
Main Address
PO BOX 239, HARRISVILLE, WV, 26362
Website
www.ritchieschools.com
NTEE Category
Code: B82Z - Education
If you are a representative of Ritchie County Educational Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.