NonprofitsRitchie County Educational Trust

Education

Ritchie County Educational Trust

HARRISVILLE, WV

Total revenue

$254K

Total expenses

$61K

Net assets

$5.9M

Grants received

EIN

556020147

Tax year

2024

Mission

The ritchie county educational trust (rcet) makes low interest loans to ritchie county residents pursuing post-secondary education. The rcet is a non-commercial, revolving loan program for the express purpose of assisting worthy students in obtaining education. Students who borrow money pay it back upon the completion of their studies at a low rate of interest, making that money available to other students in the future.

Financials

FY 2024

Revenue

Contributions & grants$3K
Program service revenue
Investment income$111K
Other revenue$139K
Total revenue$254K

Expenses

Grants paid
Salaries & benefits$25K
Fundraising
Other expenses$36K
Total expenses$61K
Total assets$5.9M
Net assets$5.9M

People

8 listed

NameRoleCompensation

WENDY SNIDER

DIRECTOR

Board

$23K

20 hrs/wk

APRIL HAUGHT

TRUSTEE

Board

0.1 hrs/wk

IRA HAUGHT

TRUSTEE

Board

0.1 hrs/wk

CLAIRE ROBINSON

TRUSTEE

Board

0.1 hrs/wk

TIMOTHY L SWEENEY

TRUSTEE

Board

0.1 hrs/wk

LEWIS COTTRILL

TRUSTEE

Board

0.1 hrs/wk

JONATHAN SUMMERS

TRUSTEE

Board

0.1 hrs/wk

MARTHA HARTLEY

TRUSTEE

Board

0.1 hrs/wk

Details

EIN556020147
NTEE codeB82Z
Subsection03
Ruling date1966-06
Formed1956
Employees1
Volunteers0
RITCHIE COUNTY EDUCATIONAL TRUST — Mission, Financials & Grants Received | Grantivo