The River Foundation

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

EIN: 611190262 ✦ Stanford, KY ✦ Designated as a 501(c)(3)

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Overview

What is The River Foundation?

The River Foundation, situated in Stanford, Kentucky, is a nonprofit organization with a mission to support charities and contribute to fulfilling the exempt purposes of its partner, the National Christian Charitable Foundation, Inc. (NCCF). Their primary goal is to empower and minister to the weak and the poor, aid in discipleship training, and collaborate with faith-based organizations that advocate for truth and spread the Good News. To achieve this, they provide funding to various charities, thereby serving as a vital resource for numerous communities in need. The organization's workforce consists of three dedicated individuals.

Is The River Foundation legitimate?

The River Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The River Foundation 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: $203,414

For more financial information, click here

What is the mission statement of The River Foundation?

The River Foundation's mission is centered around providing funding to charities, aligned with the exempt purposes of the National Christian Charitable Foundation, Inc. (NCCF). This organization aims to empower and minister to the weak and the poor, offer assistance in discipleship training, and collaborate with Christ-centered organizations that propagate positive messages and uphold truth. The River Foundation's objective is to support organizations that align with these values, ultimately contributing to the betterment of the community.

What is the revenue of The River Foundation?

The River Foundation's revenue in 2024 was $2,925,329.

Who are the executives of The River Foundation and what are their salaries?

The average compensation at The River Foundation during 2024 was $101,707. There are 2 employees at The River Foundation.

Here are 8 key members and their salaries:


Jesse T Correll (Director/Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Correll (Director/Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Scott Steele (Director/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Boyd Bailey (Director)
  • Compensation: $0
  • Related: $202,804
  • Other: $34,405
David H Wills (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrienne Correll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Cunningham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Miller (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The River Foundation?

The River Foundation's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of The River Foundation

The River Foundation, as an organization, is dedicated to fulfilling the exempt purposes of the National Christian Charitable Foundation, Inc. (NCCF). Its mission revolves around providing funding to charities, with the primary goal of empowering and ministering to the weak and the poor. The foundation also focuses on aiding in the training of disciples and partnering with Christ-centered organizations that advocate for truth and spread the good news. By engaging in these activities, The River Foundation seeks to align itself with organizations that stand for righteousness and share its values.

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Impact




October, 2024

The River Foundation has a significant impact by providing essential funding to charities focused on empowering and ministering to the weak and the poor. This support plays a crucial role in assisting with the training of disciples and partnering with Christ-centered organizations that champion the good news and uphold foundational truths. By fostering such collaborations, The River Foundation helps strengthen communities and extends vital resources to those in need, ultimately promoting positive change and spiritual growth. Its work contributes to creating a network of support and advocacy for vulnerable populations, enabling them to access services and programs that uplift and transform lives. Through its strategic funding initiatives, The River Foundation actively nurtures a culture of compassion and service, reinforcing the values of faith and community.




This information is meant to be a general summary of The River Foundation. 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
$2,925,329 (2024)
Expenses
$2,701,887 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $273
  • Gross Receipts: $2,925,329

Assets and Liabilities:

  • Total Assets: $908,452
  • Total Liabilities: $8,174
  • Net Assets: $900,278

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Organization Details

Founding Year

1990

Principal Officer

Jesse T Correll

NTEE Category

Code: Z99 - Unknown

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