Public Charity

RURAL DEVELOPMENT CORPORATION INC

RURAL DEVELOPMENT CORPORATION INC, of VINELAND, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $6.6M in revenue, $5.2M in expenses, $5.1M in total assets. 6 publicly reported grants to this organization, totaling roughly $94K, appear in IRS filings.

EIN: 510188108 VINELAND, NJ Rural Economic Development NTEE: S32 Latest filing: 2024
Total Revenue$6.6M
Total Expenses$5.2M
Total Assets$5.1M
Grant Records6
Funding Total$94K
Filing Years2020–2024

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE COMMUNITY ORGANIZATION AND OUTREACH BY ADMINISTERING VARIOUS SOCIAL SERVICES INCLUDING A REGIONAL FOOD DISTRIBUTION PROGRAM AND A FAMILIY SHELTER PROGRAM TO THE DISADVANTAGED AND NEEDY RESIDENTS OF SOUTHERN NEW JERSEY.

Where $100 goes at Rural Development Corporation Inc

How Rural Development Corporation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$94 Programs the work itself
$6 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $94 for programs

$67
Southern regional food distribution center operater a regional food bank, serving soup kitchen programs for the homeless and needy
71% of program spending
$27
Cumberland family shelter operates a homeless shelter providing supportive transportation, case management, clothing, and meals to families, couples and single men and women from atlantic, camden, salem &…
29% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Bridget Sharer
BOARD MEMBER Ed Smith
BOARD MEMBER Jane Grant-Damminger
TREASURER Jay Einstein
EXECUTIVE DI Jill Lombardo
BOARD MEMEBR Josephine White

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$86,500 2 grants
Economic Development
$8,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $6.6M $5.2M $5.1M
2023 $5.6M $4.3M $4.4M
2022 $3.2M $2.9M $3.4M
2021 $2.4M $2.0M $2.0M
2020 $2.1M $2.0M $1.3M

Between 2020 and 2024, reported annual revenue grew from $2.1M to $6.6M (+219%), with total assets most recently reported at $5.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for RURAL DEVELOPMENT CORPORATION INC

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