Nonprofit · EIN 35-1820770
RIVER VALLEY RESCOURCES INC
Tax-exempt · MADISON, IN 47250
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $8,506,935 | $8,406,362 | $100,573 | $4,140,403 | $783,922 | $3,356,481 |
| June 30, 2024 | 990 | $6,642,130 | $6,265,958 | $376,172 | $3,754,271 | $498,363 | $3,255,908 |
| June 30, 2023 | 990 | $5,535,324 | $5,253,297 | $282,027 | $3,226,751 | $347,015 | $2,879,736 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,496,521
- of which government grants
- $7,422,477
- Program service revenue
- $0
- Investment income
- $19,238
- Net rental income
- -$8,824
- Other revenue
- -$8,824
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $311,534
- Other salaries and wages
- $4,133,027
- Salaries, compensation and benefits (total)
- $5,323,460
- Professional fundraising fees
- $0
- Accounting fees
- $29,424
- Occupancy
- $104,665
- Travel
- $91,452
- Program services (functional)
- $8,004,180
- Management and general (functional)
- $402,182
Balance sheet and other
- Total assets, start of year
- $3,754,271
- Total assets, end of year
- $4,140,403
- Total liabilities, end of year
- $783,922
- Net assets, end of year
- $3,356,481
- Land, buildings and equipment
- $953,212
- Net assets without donor restrictions
- $2,993,752
- Net assets with donor restrictions
- $362,729
- Gross receipts
- $8,648,500
- Employees
- 191
- Volunteers
- 23
- Year formed
- 1990
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KONNIE MCCOLLUM | CHIEF OPERATIONS OFFICER Officer | 37.5 | $97,617 | $20,083 |
| MARGO OLSON | CHIEF EXECUTIVE OFFICER Officer | 37.5 | $110,083 | $4,485 |
| BEVERLY SMITH | CHIEF ADMINISTRATIVE OFFICER Officer | 37.5 | $57,945 | $2,359 |
| JEFF HARTZ | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MISTY GILBERT | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JON BOND | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CUTIS ADKINS | MEMBER Trustee or director | 1 | $0 | $0 |
| KEVIN CARRICK | MEMBER FROM 06/25/25 Trustee or director | 1 | $0 | $0 |
| TOCARRA GARTIN | MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID TERRELL | MEMBER Trustee or director | 1 | $0 | $0 |
| STEPHANIE WITHERED | MEMBER Trustee or director | 1 | $0 | $0 |
| KATHY HUFFMAN | MEMBER THRU 12/17/24 Trustee or director | 1 | $0 | $0 |
| GLORIA RISK | MEMBER THRU 12/17/24 Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARGO OLSON | CHIEF EXECUTIVE OFFICER Officer | 37.5 | $118,259 | $4,730 |
| BEVERLY SMITH | CHIEF ADMINISTRATIVE OFFICER Officer | 37.5 | $94,353 | $10,758 |
| WALTER WOOD | CHIEF OPERATIONS OFFICER Officer | 37.5 | $65,869 | $0 |
| JEFF HARTZ | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| JON BOND | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CURTIS ADKINS | MEMBER Trustee or director | 1 | $0 | $0 |
| TOCARRA GARTIN | MEMBER Trustee or director | 1 | $0 | $0 |
| MISTY GILBERT | MEMBER Trustee or director | 1 | $0 | $0 |
| KATHY HUFFMAN | MEMBER Trustee or director | 1 | $0 | $0 |
| GLORIA RISK | MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID TERRELL | MEMBER Trustee or director | 1 | $0 | $0 |
| STEPHANIE WITHERED | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARGO OLSON | CHIEF EXECUTIVE OFFICER Officer | 37.5 | $107,746 | $4,310 |
| KATHY HUFFMAN | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| JEFF HARTZ | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JON BOND | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CURTIS ADKINS | MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID TERRELL | MEMBER Trustee or director | 1 | $0 | $0 |
| GLORIA RISK | MEMBER Trustee or director | 1 | $0 | $0 |
| JULIE BERRY | MEMBER, TERM ENDED 11/22 Trustee or director | 1 | $0 | $0 |
| MISTY GILBERT | MEMBER Trustee or director | 1 | $0 | $0 |
| STEPHANIE WITHERED | MEMBER Trustee or director | 1 | $0 | $0 |
| TACCRA GARTIN | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 100 EAST 2ND ST SUITE E, MADISON, IN 47250-3419
- In care of
- % MARGO OLSON
- Principal officer (990 for 2024)
- MARGO OLSON, 100 EAST SECOND STREET E, MADISON, IN 472503536
- Signed the 990
- MARGO OLSON, CHIEF EXECUTIVE OFFICER
- Phone
- (812) 265-2652
- Website
- WWW.RIVERVALLEYRESOURCES.COM
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
Mission
DEVELOPING A COMPETITIVE WORKFORCE THROUGH COLLABORATION AND INNOVATIVE SERVICES FOR INDIVIDUALS, EMPLOYERS, AND COMMUNITIES.
Program accomplishments
- JAG TANF: JOBS FOR AMERICA'S GRADUATES (JAG) IS A STATE-BASED NATIONAL NON-PROFIT PROGRAM THAT HELPS HIGH SCHOOL STUDENTS OVERCOME BARRIERS TO GRADUATION, PROVIDING EMPLOYABILITY SKILLS, MENTORING, AND CAREER COACHING. IN INDIANA, IT IS FUNDED BY TEMPORARY ASSISTANCE FOR NEEDY FAMILIES (TANF) GRANTS AND MANAGED BY THE DEPARTMENT OF WORKFORCE DEVELOPMENT (DWD) TO BOOST GRADUATION.Expenses $1,344,726
- SCSEP: THE SENIOR COMMUNITY SERVICE EMPLOYMENT PROGRAM (SCSEP) IS A U.S. DEPARTMENT OF LABOR-FUNDED JOB TRAINING PROGRAM FOR LOW-INCOME, UNEMPLOYED OLDER AMERICANS (AGE 55+). PARTICIPANTS WORK PART-TIME IN COMMUNITY SERVICE ROLES, GAINING SKILLS TO HELP THEM TRANSITION INTO PERMANENT, UNSUBSIDIZED EMPLOYMENT.Expenses $929,267
- AE REGIONS 9 & 10: ADULT EDUCATION REFERS TO ANY FORMAL OR INFORMAL LEARNING UNDERTAKEN BY ADULTS AFTER TRADITIONAL SCHOOLING, AIMED AT DEVELOPING SKILLS, KNOWLEDGE, OR PERSONAL FULFILLMENT. IT COVERS A WIDE RANGE OF SERVICES, INCLUDING HIGH SCHOOL EQUIVALENCY (GED), LITERACY SKILLS, ENGLISH LANGUAGE LEARNING, AND CAREER TRAINING AND OFFER FLEXIBLE SCHEDULES FOR WORKING ADULTS. GRANT INCLUDES AE REGION 9 AND 10, CAESAR'S, MADISON PRECISION, VARIOUS HSE TEST FEE ASSISTANCE, R10 METRO UNITED WAY, AND MADISON CORRECTIONS AE ASSISTANCE.Expenses $1,429,268
- ALL OTHER PROGRAMS INCLUDE OSO INFRASTRUCTURE FUNDNG, NLJ ETG & WRG, POWERUP IN, BUSINESS CONSULTANT, WIOA ADULT, DW & YOUTH FUNDING, LILLY, RAPID RESPONSE, ABA, QUEST, QUEST PAYMENT POINTS & AE BENCHMARKS EARNINGS, SAMSHA, FSSA GRANT, CHE, RESEA, FRANKLIN CO UNITED WAY & COMMUNITY FOUNDATION, H1B, DUKE ENERGY REGION 9 & RVR, STATE JAG & VARIOUS SCHOOLS, BETHANY LEGACY, LA CASA AMIGA, DEARBORN CO UNITED WAY, JEFFERSON CO LITERACY, DEARBORN CO LITERACY, HONDA, VR PRE ETS-JAG, TRINITY CHURCH, CCDF, SUMMER SCHOLARSHIPS, CLEARINGHOUSE, FIRST FINANCIAL, US BANK, DEARBORN CO COMMUNITY FOUNDATION, AND VOC REHAB.Expenses $4,300,919
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 35-1820770
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1991
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J200)
- Assets (IRS master file)
- $4,140,403
- Income (IRS master file)
- $8,648,500
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $8,506,935 | $8,406,362 | $4,140,403 | IRS |
| 990 | June 2024 | $6,642,130 | $6,265,958 | $3,754,271 | IRS |
| 990 | June 2023 | $5,535,324 | $5,253,297 | $3,226,751 | XML |
| 990 | June 2022 | $5,776,450 | $5,660,988 | $2,876,041 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-1820770).
Questions about RIVER VALLEY RESCOURCES INC
- What is the EIN of RIVER VALLEY RESCOURCES INC?
- The employer identification number (EIN) of RIVER VALLEY RESCOURCES INC is 35-1820770.
- Is RIVER VALLEY RESCOURCES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to RIVER VALLEY RESCOURCES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RIVER VALLEY RESCOURCES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RIVER VALLEY RESCOURCES INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RIVER VALLEY RESCOURCES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of RIVER VALLEY RESCOURCES INC?
- The 990 for the year ended June 30, 2025 names MARGO OLSON.
- Who are the officers and directors of RIVER VALLEY RESCOURCES INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 3 received compensation from the organization, the highest $97,617 (KONNIE MCCOLLUM, CHIEF OPERATIONS OFFICER).
- How much revenue does RIVER VALLEY RESCOURCES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $8,506,935, expenses of $8,406,362 and total assets of $4,140,403 at year end.
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