NonprofitsRural Empowerment Inc

Employment

Rural Empowerment Inc

VIENNA, VA

Total revenue

$47K

Total expenses

$34K

Net assets

$18K

Grants received

$85K

4 grants

EIN

922506678

Tax year

2024

Mission

The purpose of the organization is the following: 1. Create jobs and economic development in rural and underserved communities by incentivizing people to obtain 21st-century skills and training them in technology, entrepreneurship, business, and specific vocations. 2. To create jobs and economic development mentioned above, develop relationships with the community, local non-profits, educational institutions, and industry as required.

Financials

FY 2024

Revenue

Contributions & grants$47K
Program service revenue
Investment income
Other revenue
Total revenue$47K

Expenses

Grants paid$12K
Salaries & benefits$14K
Fundraising
Other expenses$4K
Total expenses$34K
Total assets$18K
Net assets$18K

People

2 listed

NameRoleCompensation

JAYANTH CHALLA

CEO

Board

0

VINAI THUMMALAPALLY

President

Board

0

Grants received

Showing 4 of 4

FromAmountPurposeYear
$15K
GENERAL PURPOSE
2024
$45K
GENERAL PURPOSE
2023
$15K
General Support
2023
$10K
Opportunity for underprivileged
2023

Funded by

$85K from 3 funders · 4 grants · 2023–2024

The Reddy Foundation

$60K · 2 grants · 2023–2024

Shunpike Charitable Foundation

$15K · 1 grant · 2023

The Yadathi Family Foundation

$10K · 1 grant · 2023

Details

EIN922506678
NTEE codeJ22
Subsection03
Ruling date2023-07
RURAL EMPOWERMENT INC — Mission, Financials & Grants Received | Grantivo