Overview
What is Rural Transit Enterprises Coordinated Inc?
Rural Transit Enterprises Coordinated Inc is a nonprofit organization based in Kentucky, dedicated to providing essential transportation services in eighteen rural counties. Through their public transportation program, they offer rides to doctor's appointments, workplaces, educational institutions, and other important destinations for residents in need. With a mission to promote mobility and accessibility, Rural Transit Enterprises Coordinated plays a significant role in improving the quality of life for rural Kentucky residents.
Official website here: www.ridertec.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Stars
Rural Transit Enterprises Coordinated Inc has achieved an impressive 96% rating from Charity Navigator, which translates to a Four-Star rating. This score reflects the organization's strong commitment to accountability and finance, as it is based entirely on their singular beacon score in this area. The high rating indicates that the organization effectively manages its resources and maintains a transparent operational framework.
The nonprofit demonstrates significant strengths, including a fully independent board comprised of eight members and a robust financial oversight structure with a well-functioning audit committee. Additionally, the organization has shown no material diversion of assets and has policies in place regarding conflict of interest, whistleblowing, and document retention. The program expense ratio is notably high at 88.70%, indicating that the majority of its funds are allocated directly to its programs.
Despite its strengths, the summary does not indicate any specific limitations or concerns regarding Rural Transit Enterprises Coordinated Inc. The organization appears to be well-managed, with a clear focus on maintaining accountability and transparency in its operations, making it a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Rural Transit Enterprises Coordinated Inc legitimate?
Rural Transit Enterprises Coordinated Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rural Transit Enterprises Coordinated 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: $6,159,175
For more financial information, click here
Official website here: www.ridertec.org
What is the mission statement of Rural Transit Enterprises Coordinated Inc?
Rural Transit Enterprises Coordinated Inc is a public transportation program dedicated to serving rural communities in Kentucky. Its primary objective is to ensure residents have access to essential services and destinations, including medical appointments, employment opportunities, and educational institutions. Through its transportation services, the organization facilitates improved accessibility for individuals in these eighteen counties, fostering a sense of connection and opportunity within these communities. By bridging the gap between rural residents and necessary resources, Rural Transit Enterprises Coordinated contributes significantly to the overall quality of life in these areas.
Official website here: www.ridertec.org
Who is the CEO of Rural Transit Enterprises Coordinated Inc?
Shirley Cummins is the Executive Director of Rural Transit Enterprises Coordinated Inc.
Official website here: www.ridertec.org
What is the revenue of Rural Transit Enterprises Coordinated Inc?
Rural Transit Enterprises Coordinated Inc's revenue in 2022 was $18,973,393.
Official website here: www.ridertec.org
Who are the executives of Rural Transit Enterprises Coordinated Inc and what are their salaries?
The average compensation at Rural Transit Enterprises Coordinated Inc during 2022 was $29,899. There are 206 employees at Rural Transit Enterprises Coordinated Inc.
Here are 9 key members and their salaries:
- Compensation: $125,608
- Related: $0
- Other: $0
- Compensation: $102,795
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ridertec.org
Where can I find the form 990 for Rural Transit Enterprises Coordinated Inc?
Rural Transit Enterprises Coordinated Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ridertec.org
Learn more at the official website: www.ridertec.org
Mission Statement of Rural Transit Enterprises Coordinated Inc
Rural Transit Enterprises Coordinated, a public transportation program based in Kentucky, is dedicated to making a significant difference in the lives of rural residents by ensuring they have accessible transportation options. This essential service facilitates doctor's appointments, job attendance, and educational opportunities, allowing residents to address their health needs, secure employment, and expand their horizons. The organization operates in eighteen Kentucky counties, tailoring its services to the unique needs of rural communities. By providing reliable and efficient transportation solutions, Rural Transit Enterprises Coordinated empowers individuals to overcome geographical barriers and access essential resources, ultimately enhancing their overall quality of life. Through its unwavering commitment to transportation services, Rural Transit Enterprises Coordinated plays a crucial role in bridging the gap between rural communities and the opportunities they deserve.
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Impact
October, 2024
Rural Transit Enterprises Coordinated Inc significantly enhances the mobility and quality of life for residents in eighteen counties across rural Kentucky. By providing vital transportation services, it ensures that individuals can access medical appointments, employment opportunities, educational institutions, and various essential services. This increased access not only fosters independence and supports personal development but also strengthens local economies by allowing residents to participate more fully in their communities. In a region where public transport options may be limited, Rural Transit Enterprises Coordinated Inc plays a crucial role in bridging gaps in transportation, ultimately contributing to the well-being of rural populations.
This information is meant to be a general summary of Rural Transit Enterprises Coordinated 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 2022.
- Investment Income: $192,716
- Program Service Revenue: $18,647,604
- Gross Receipts: $18,973,393
Assets and Liabilities:
- Total Assets: $20,198,790
- Total Liabilities: $1,019,721
- Net Assets: $19,179,069
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REVENUES - CONTRACT
Revenue
$200,449
REVENUES - FAREBOX
Revenue
$246,210
REVENUES - LOCAL
Revenue
$149,627
REVENUES - MDICAID
Revenue
$18,051,318
Organization Details
Founding Year
1989
Principal Officer
Shirley Cummins
Main Address
100 MAIN STREET, MOUNT VERNON, KY, 40456
Website
www.ridertec.orgNTEE Category
Code: P52Z - Human services
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