nonprofit logo

Resource Exchange International Inc

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

EIN: 593043334 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

Overview

What is Resource Exchange International Inc?

Resource Exchange International Inc, based in Colorado Springs, Colorado, is a nonprofit organization that offers both in-person and virtual education and training to individuals in developing and emerging societies. Their goal is to strengthen the capabilities of these nations, foster international economic development, and promote cross-cultural exchange. Through technical, educational, and cultural exchange programs, they engage, encourage, equip, and empower people to enhance strategic sectors in their emerging nations. Their initiatives span across Africa, Asia, and the Middle East, focusing on areas such as English language training, medicine and healthcare, economics and business, and agriculture. With a team of 37 dedicated professionals, they build partnerships with change agents and strategic institutions to provide technical and advisory assistance, ultimately contributing to the betterment of these communities.


Official website here: www.resourceexchangeinternational.com

Is Resource Exchange International Inc legitimate?

Resource Exchange International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Resource Exchange International 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.

Here are some key statistics you may want to consider:

Executive Compensation: $278,444
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,268,195

For more financial information, click here


Official website here: www.resourceexchangeinternational.com

What is the mission statement of Resource Exchange International Inc?

Resource Exchange International Inc's mission is to engage, encourage, and empower individuals in developing nations to strengthen the strategic sectors of their emerging nations. This is achieved through volunteer professionals collaborating with local counterparts, organizing events such as visiting professorships, short-term seminars, and conferences, cultural exchange programs, and long-term cooperative ventures. REI also provides technical and advisory assistance through partnerships with change agents and strategic institutions, including governmental entities, universities, technical schools, and medical clinics. Currently, their programs are active in Africa, Asia, and the Middle East, focusing on areas like English language training, medicine and healthcare, economics and business, and agriculture.


Official website here: www.resourceexchangeinternational.com

Who is the CEO of Resource Exchange International Inc?

Kenneth D Erdmann is the Chairman - Until May 2022 of Resource Exchange International Inc.


Official website here: www.resourceexchangeinternational.com

What is the revenue of Resource Exchange International Inc?

Resource Exchange International Inc's revenue in 2022 was $2,566,501.


Official website here: www.resourceexchangeinternational.com

Who are the executives of Resource Exchange International Inc and what are their salaries?

The average compensation at Resource Exchange International Inc during 2022 was $41,801. There are 37 employees and 32 volunteers at Resource Exchange International Inc.

Here are 12 key members and their salaries:

    Kenneth Erdmann (President) [Trustee/Director]
  • Compensation: $75,793
  • Related: $0
  • Other: $53,772

    • Jay Smidt (Treasurer/Vice President-Admin)
  • Compensation: $72,166
  • Related: $0
  • Other: $17,835

    • Brian Teel (Vice President-Senior)
  • Compensation: $38,776
  • Related: $0
  • Other: $20,101

    • Ken Gray (Chairman - Until May 2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gail Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Otto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Coors (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan Gibbs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Yankey (Chairman - Starting May 2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leon Neumann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Bruce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Udall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.resourceexchangeinternational.com

    Where can I find the form 990 for Resource Exchange International Inc?

    The Resource Exchange International Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.resourceexchangeinternational.com

    Learn more at the official website: www.resourceexchangeinternational.com

    Mission Statement of Resource Exchange International Inc

    Resource Exchange International Inc, in its mission, aims to engage, encourage, equip, and empower individuals in developing nations to strengthen the strategic sectors of their emerging nations. The nonprofit accomplishes this by collaborating with local professionals, organizing educational forums such as visiting professorships, short-term seminars, conferences, cultural exchange programs, and long-term cooperative ventures. Furthermore, REI provides technical and advisory assistance through partnerships with change agents and strategic institutions, including governmental entities, universities, technical schools, and medical clinics. REI's programs currently operate in Africa, Asia, and the Middle East, offering training in various fields such as the English language, medicine and healthcare, economics and business, and agriculture.

    Impact

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




    Saturday, July 20, 2024

    Resource Exchange International Inc engages, encourages, equips, and empowers individuals in developing nations to strengthen the strategic sectors of their emerging nation. Through in-person and online education and training programs, REI works alongside local professionals to plan forums such as visiting professorships, seminars, conferences, and cultural exchange programs. By providing technical and advisory assistance in partnership with governmental entities, universities, technical schools, and medical clinics, REI promotes international economic development, cross-cultural exchange, and international goodwill and understanding.

    Through its programs in Africa, Asia, and the Middle East, REI focuses on training in English language, medicine and healthcare, economics and business, and agriculture. By fostering collaborations and exchanging knowledge, REI contributes to the growth and development of communities in these regions, ultimately helping individuals build their nations and create a more sustainable future.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $27,533
  • Program Service Revenue: $0
  • Gross Receipts: $2,682,077

    • Assets and Liabilities:
  • Total Assets: $1,228,770
  • Total Liabilities: $137,850
  • Net Assets: $1,090,920
  • Organization Details

    Founding Year

    1990

    Principal Officer

    Kenneth D Erdmann

    Main Address

    5527 N UNION BLVD SUITE 200, COLORADO SPRINGS, CO, 80918

    NTEE Category

    Code: Q300 - International

    If you are a representative of Resource Exchange International Inc 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.