Nonprofit · EIN 59-3043334
RESOURCE EXCHANGE INTERNATIONAL INC
Tax-exempt · COLORADO SPGS, CO 80918
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,598,059 | $2,459,512 | $138,547 | $1,180,671 | $169,487 | $1,011,184 |
| December 31, 2024 | 990 | $2,309,237 | $2,509,179 | -$199,942 | $861,327 | $36,313 | $825,014 |
| December 31, 2023 | 990 | $2,446,496 | $2,603,828 | -$157,332 | $1,523,527 | $520,987 | $1,002,540 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,474,971
- of which government grants
- $319,954
- Program service revenue
- $0
- Investment income
- $117,751
- Net gain from sales of assets
- $13,708
- Other revenue
- $5,337
Expenses
- Grants and similar amounts paid
- $17,022
- Compensation of officers, directors and key employees
- $345,680
- Other salaries and wages
- $1,080,467
- Salaries, compensation and benefits (total)
- $1,663,273
- Professional fundraising fees
- $2,162
- Accounting fees
- $33,867
- Occupancy
- $57,987
- Travel
- $251,605
- Depreciation
- $218
- Program services (functional)
- $1,916,797
- Management and general (functional)
- $305,414
- Fundraising (functional)
- $237,301
Balance sheet and other
- Total assets, start of year
- $861,327
- Total assets, end of year
- $1,180,671
- Total liabilities, end of year
- $169,487
- Net assets, end of year
- $1,011,184
- Publicly traded securities
- $833,842
- Net assets without donor restrictions
- $463,003
- Net assets with donor restrictions
- $548,181
- Gross receipts
- $2,625,475
- Employees
- 30
- Volunteers
- 52
- Year formed
- 1990
- State of legal domicile
- CO
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Kenneth Douglas Erdmann | President Trustee or director, Officer | 40 | $87,999 | $43,228 |
| Timothy Moore | SR Vice President Officer | 40 | $56,529 | $55,109 |
| Jay Smidt | CFO Officer | 40 | $91,182 | $11,633 |
| Bryan Gibbs | Board Chair Trustee or director, Officer | 2 | $0 | $0 |
| Terry McHugh | Board Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Linda Bruce | Director Trustee or director | 2 | $0 | $0 |
| Walter Lee | Director Trustee or director | 2 | $0 | $0 |
| Becky Neumann | Director Trustee or director | 2 | $0 | $0 |
| Leon Neumann | Director Trustee or director | 2 | $0 | $0 |
| Brent Senior | Director Trustee or director | 2 | $0 | $0 |
| David Stott | Director Trustee or director | 2 | $0 | $0 |
| Peter Udall | Director Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Kenneth Douglas Erdmann | President Trustee or director, Officer | 40 | $88,039 | $43,290 |
| Jay Smidt | CFO Officer | 40 | $87,452 | $12,547 |
| Timothy Moore | SR Vice President (May - Dec) Officer | 40 | $44,530 | $54,710 |
| Brian Teel | Sr Vice President (Jan-Apr) Officer | 40 | $1,098 | $10,445 |
| Bryan Gibbs | Board Chair Trustee or director | 2 | $0 | $0 |
| Terry McHugh | Board Vice Chair Trustee or director | 2 | $0 | $0 |
| Becky Neumann | Director Trustee or director | 2 | $0 | $0 |
| Linda Bruce | Director Trustee or director | 2 | $0 | $0 |
| Leon Neumann | Director Trustee or director | 2 | $0 | $0 |
| Brent Senior | Director Trustee or director | 2 | $0 | $0 |
| Peter Udall | Director Trustee or director | 2 | $0 | $0 |
| Gary Guarisco | Director (thru May 2024) Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KENNETH ERDMANN | PRESIDENT Trustee or director, Officer | 40 | $88,077 | $43,620 |
| JAY SMIDT | TREASURER/VICE PRESIDENT-A Officer | 40 | $79,183 | $18,630 |
| BRIAN TEEL | VICE PRESIDENT-SENIOR Officer | 40 | $41,121 | $20,764 |
| BRYAN GIBBS | CHAIRMAN Trustee or director | 1 | $0 | $0 |
| LEON NEUMANN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LINDA BRUCE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER UDALL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TERRY MCHUGH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BECKY NEUMANN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRENT SENIOR | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5527 N UNION BLVD STE 200, COLORADO SPGS, CO 80918-6955
- Principal officer (990 for 2025)
- Kenneth D Erdmann, 5527 N Union Blvd Suite 200, Colorado Springs, CO 80918
- Signed the 990
- Kenneth D Erdmann, President
- Phone
- (719) 598-0559
- Return prepared by
- BiggsKofford Advisors LLC
Mission
To engage, encourage, equip, and empower people to strengthen the strategic sectors of their emerging nations. REI's volunteer professionals work side-by-side with local professionals to plan forums such as visiting professorships, short-term seminars and conferences, cultural exchange programs, and long-term on-site cooperative ventures. REI provides technical and advisory assistance through partnerships with change agents and strategic institutions such as governmental entities, universities, technical schools, and medical clinics. Programs are currently active in africa, asia, and the middle east. These programs include training in the english language, medicine and health care, economics and business, and agriculture.
Program accomplishments
- Providing both in-person and online / virtual education and training to individuals in developing and emerging societies to strengthen their capabilities and help them build their nations, encouraging and facilitating international economic development and cross-cultural exchange, and promoting international goodwill and understanding through technical, educational, and cultural exchange.Expenses $1,916,797 · grants $17,022
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 59-3043334
- 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
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q300)
- Assets (IRS master file)
- $1,180,671
- Income (IRS master file)
- $2,625,475
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,598,059 | $2,459,512 | $1,180,671 | IRS |
| 990 | December 2024 | $2,309,237 | $2,509,179 | $861,327 | XML |
| 990 | December 2023 | $2,446,496 | $2,603,828 | $1,523,527 | XML |
| 990 | December 2022 | $2,566,501 | $2,864,159 | $1,228,770 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 59-3043334).
Questions about RESOURCE EXCHANGE INTERNATIONAL INC
- What is the EIN of RESOURCE EXCHANGE INTERNATIONAL INC?
- The employer identification number (EIN) of RESOURCE EXCHANGE INTERNATIONAL INC is 59-3043334.
- Is RESOURCE EXCHANGE INTERNATIONAL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to RESOURCE EXCHANGE INTERNATIONAL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RESOURCE EXCHANGE INTERNATIONAL 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 RESOURCE EXCHANGE INTERNATIONAL INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RESOURCE EXCHANGE INTERNATIONAL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of RESOURCE EXCHANGE INTERNATIONAL INC?
- The 990 for the year ended December 31, 2025 names Kenneth D Erdmann.
- Who are the officers and directors of RESOURCE EXCHANGE INTERNATIONAL INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 3 received compensation from the organization, the highest $87,999 (Kenneth Douglas Erdmann, President).
- How much revenue does RESOURCE EXCHANGE INTERNATIONAL INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,598,059, expenses of $2,459,512 and total assets of $1,180,671 at year end.
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