Organizations Filed Purposes:
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.
The Ritchie County Educational Trust provides low interest educational loans to Ritchie County residents pursuing post-secondary education.
During 2020, loans were made totaling $70,250. As of 12/31/2020, 124 individuals had loan balances totaling $685,653. Of those, 33 were full time students and 91 were out of school paying on their loans. Of the program service revenue listed above, $13,035 was received in loan interest. During the calendar year, a total of $83,386. was received as principal payments on loans. In 2020, a total of 16 loanees paid off their loans, representing a principal total of $94,500. being paid back. As of 12/31/2020, 1,437 loans have been repaid in full to the Ritchie County Educational Trust
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Wendy N Snider | Director | 20 | $15,750 |
| Jack Langford | Trustee | 0.1 | $0 |
| Lewis Cottrill | Trustee | 0.1 | $0 |
| Martha Hartley | Trustee | 0.1 | $0 |
| Claire Robinson | Trustee | 0.1 | $0 |
| Ira Haught | Trustee | 0.1 | $0 |
| James G Brown | Trustee | 0.1 | $0 |
| Timothy L Sweeney | Trustee | 0.1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202141329349301019_public.xml