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Center On Rural Innovation Inc

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

EIN: 824508477 ✦ Hartland, VT ✦ Designated as a 501(c)(3)

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Overview

What is Center On Rural Innovation Inc?

Center on Rural Innovation Inc is a nonprofit organization situated in Hartland, Vermont. Their primary focus is on research and analytics, aiming to make data related to rural communities easily accessible. With philanthropic support, they create data-driven maps, tools, and resources that highlight the opportunities and challenges in rural America. The organization's mission is to foster economic growth in rural areas by establishing inclusive tech economies that encourage scalable entrepreneurship and tech job creation. Their team consists of economists, researchers, analysts, and software engineers, working together to gain a comprehensive understanding of rural economic trends. With a staff of 20 individuals, Center on Rural Innovation Inc is committed to changing the narrative about what's possible in rural America.


Official website here: www.ruralinnovation.us

What are the reviews and ratings of this charity?

Charity Navigator rating: 81%, Three-Star out of Four Star rating.

Center On Rural Innovation Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in the realm of accountability and finance. The organization achieved a score of 81% overall, which is primarily based on its accountability and finance practices. The majority of its board members are independent, showcasing a commitment to good governance, with 88% of the board being independent members.

The nonprofit demonstrates strong financial management, evidenced by a high program expense ratio of 70.43%, meaning the majority of its resources are directed toward its programs. Additionally, it has implemented various policies to ensure transparency and accountability, including conflict of interest and whistleblower policies. However, it has a working capital ratio of 0.36 years, which may raise concerns regarding its financial sustainability in the long term.


This AI summary has been generated from information found on Charity Navigator.

Is Center On Rural Innovation Inc legitimate?

Center On Rural Innovation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center On Rural Innovation 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: $822,535

For more financial information, click here


Official website here: www.ruralinnovation.us

What is the mission statement of Center On Rural Innovation Inc?

The Center on Rural Innovation Inc's mission is focused on fostering economic prosperity in rural areas by establishing inclusive tech economies. These economies support scalable entrepreneurship and job creation in technology sectors. The organization recognizes the significance of making data and research accessible to community leaders and others, and with philanthropic support, they have developed data-driven maps, tools, and resources to highlight rural America's opportunities and challenges. By making data accessible, they aim to broaden the conversation and shift the narrative about what's possible in rural communities. Their team of economists, researchers, analysts, and software engineers work with rural data to create a comprehensive understanding of the factors driving change in small towns and communities across the country.


Official website here: www.ruralinnovation.us

Who is the CEO of Center On Rural Innovation Inc?

Robin Kilfeather-Mackey is the Director, Executive Direct of Center On Rural Innovation Inc.


Official website here: www.ruralinnovation.us

What is the revenue of Center On Rural Innovation Inc?

Center On Rural Innovation Inc's revenue in 2022 was $3,508,095.


Official website here: www.ruralinnovation.us

Who are the executives of Center On Rural Innovation Inc and what are their salaries?

The average compensation at Center On Rural Innovation Inc during 2022 was $41,127. There are 20 employees and 10 volunteers at Center On Rural Innovation Inc.


Here are 13 key members and their salaries:


Matt Dunne (Director, Executive Direct)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Navin (Director/Chair/President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Beliveau (Director (Through March 14))
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Quinn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Rom (Director/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Cornell (Director/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Groeneveld (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Atuk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Sperry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Rembert (Director Of Research And K)
  • Compensation: $103,705
  • Related: $0
  • Other: $14,952
Kate Duffy (Development Director)
  • Compensation: $111,297
  • Related: $0
  • Other: $15,802
Breyana Ray (Director Of Rural Innovation Network)
  • Compensation: $108,591
  • Related: $0
  • Other: $5,624


Official website here: www.ruralinnovation.us

Where can I find the form 990 for Center On Rural Innovation Inc?

Center On Rural Innovation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ruralinnovation.us

Learn more at the official website: www.ruralinnovation.us

Mission Statement of Center On Rural Innovation Inc

The Center on Rural Innovation Inc is dedicated to advancing economic prosperity in rural America. Their mission is to foster an inclusive tech economy in rural areas, which involves creating ecosystems that support scalable entrepreneurship and tech job creation. They recognize the importance of making data and research accessible to community leaders and others, and with philanthropic support, they have begun building data-driven maps, tools, and resources to highlight the opportunities and challenges in rural communities. The team at Center on Rural Innovation Inc, composed of seasoned economists, researchers, analysts, and software engineers, uses rural data to create a larger picture and provide an updated view of what is driving change in small towns and communities across the country. Their goal is not just to make data about rural communities accessible, but also to broaden the conversation and shift the narrative about what's possible in rural America.

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Impact




July, 2024

Center On Rural Innovation Inc's impact includes advancing economic prosperity in rural America through the creation of an inclusive tech economy. They conduct research and mapping, provide data, and analytics to make crucial information accessible to community leaders and others. The organization's efforts to build data-driven maps, tools, and resources are aimed at highlighting opportunities and challenges in rural America, contributing to changing the narrative and broadening the conversation about what is possible in these communities. Their team of seasoned economists, researchers, analysts, and software engineers works with rural data to create a comprehensive picture of what is driving change in small towns and communities across the country. Through these initiatives, Center On Rural Innovation Inc is actively supporting scalable entrepreneurship and tech job creation in rural areas, ultimately working towards advancing economic prosperity and community improvement.




This information is meant to be a general summary of Center On Rural Innovation 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.

Revenue
$3,508,095 (2022)
Expenses
$4,751,153 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,018
  • Program Service Revenue: $276,604
  • Gross Receipts: $3,508,095

Assets and Liabilities:

  • Total Assets: $3,616,357
  • Total Liabilities: $2,506,515
  • Net Assets: $1,109,842

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT REVENUE

Revenue

$215,872

MEMBER FEE

Revenue

$52,500

CORI BRANDED MERCHANDI

Revenue

$4,823

SPEAKER FEE

Revenue

$3,409

Organization Details

Founding Year

2018

Principal Officer

Robin Kilfeather-Mackey

Main Address

PO BOX 392, HARTLAND, VT, 05048

NTEE Category

Code: S32 - Community improvement

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