Nonprofit · EIN 61-1190262
RIVER FOUNDATION INC
Tax-exempt · STANFORD, KY 40484
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,165,398 | $3,345,700 | -$180,302 | $613,672 | $8,315 | $605,357 |
| December 31, 2024 | 990 | $2,925,329 | $2,701,887 | $223,442 | $788,448 | $2,788 | $785,660 |
| December 31, 2023 | 990 | $1,697,227 | $2,035,289 | -$338,062 | $567,655 | $5,439 | $562,216 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $3,164,610
- Program service revenue
- $0
- Investment income
- $788
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $2,999,660
- Salaries, compensation and benefits (total)
- $223,882
- Professional fundraising fees
- $0
- Travel
- $16,152
- Program services (functional)
- $3,316,062
- Management and general (functional)
- $29,638
Balance sheet and other
- Total assets, start of year
- $788,448
- Total assets, end of year
- $613,672
- Total liabilities, end of year
- $8,315
- Net assets, end of year
- $605,357
- Net assets without donor restrictions
- $605,357
- Gross receipts
- $3,165,398
- Employees
- 2
- Volunteers
- 0
- Year formed
- 1990
- State of legal domicile
- KY
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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BOYD BAILEY | DIRECTOR Trustee or director | 1 | $0 | $203,227 | $37,790 |
| JESSE T CORRELL | DIRECTOR/CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 | $0 |
| ANGELA CORRELL | DIRECTOR/VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| W SCOTT STEELE | DIRECTOR/SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVID H WILLS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ADRIENNE CORRELL | DIRECTOR/EXEC DIRECTOR Trustee or director, Officer | 40 | $0 | $0 | $0 |
| ROBERT CUNNINGHAM | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TED MILLER | TREASURER Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BOYD BAILEY | DIRECTOR Trustee or director | 1 | $0 | $202,804 | $34,405 |
| JESSE T CORRELL | DIRECTOR/CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 | $0 |
| ANGELA CORRELL | DIRECTOR/VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| W SCOTT STEELE | DIRECTOR/SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVID H WILLS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ADRIENNE CORRELL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT CUNNINGHAM | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TED MILLER | TREASURER Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BOYD BAILEY | DIRECTOR Trustee or director | 1 | $0 | $192,994 | $33,098 |
| JESSE T CORRELL | DIRECTOR/CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 | $0 |
| ANGELA CORRELL | DIRECTOR/VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| W SCOTT STEELE | DIRECTOR/SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVID H WILLS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TED MILLER | TREASURER Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1106, STANFORD, KY 40484-2106
- In care of
- % 1ST SOUTHERN BANCORP
- Principal officer (990 for 2025)
- JESSE T CORRELL, PO BOX 1106, STANFORD, KY 40484
- Signed the 990
- JESSE T CORRELL, PRESIDENT
- Phone
- (859) 687-2564
Mission
PROVIDE FUNDING TO CHARITIES IN FULFILLMENT OF THE EXEMPT PURPOSES OF NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. ("NCCF"), BY EMPOWERING AND MINISTERING TO THE WEAK AND THE POOR, TO ASSIST IN TRAINING DISCIPLES, AND TO PARTNER WITH CHRIST-CENTERED ORGANIZATIONS THAT PROCLAIM THE GOOD NEWS AND STAND FOR THE TRUTH.
Program accomplishments
- THE RIVER FOUNDATION, INC., PROVIDED FUNDING TO CHARITIES IN FULFILLMENT OF THE EXEMPT PURPOSES OF NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. ("NCCF"), THE RIVER FOUNDATION'S SUPPORTED ORGANIZATION, BY EMPOWERING AND MINISTERING TO THE WEAK AND THE POOR, TO ASSIST IN TRAINING DISCIPLES, AND TO PARTNER WITH CHRIST-CENTERED ORGANIZATIONS THAT PROCLAIM THE GOOD NEWS AND STAND FOR THE TRUTH.Expenses $3,316,062 · grants $2,999,660
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
- 61-1190262
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $613,672
- Income (IRS master file)
- $3,165,398
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,165,398 | $3,345,700 | $613,672 | XML |
| 990 | December 2024 | $2,925,329 | $2,701,887 | $788,448 | IRS |
| 990 | December 2023 | $1,697,227 | $2,035,289 | $567,655 | XML |
| 990 | December 2022 | $3,230,875 | $3,153,538 | $908,452 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 61-1190262).
Questions about RIVER FOUNDATION INC
- What is the EIN of RIVER FOUNDATION INC?
- The employer identification number (EIN) of RIVER FOUNDATION INC is 61-1190262.
- Is RIVER FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to RIVER FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does RIVER FOUNDATION 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 FOUNDATION 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 RIVER FOUNDATION 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 RIVER FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names JESSE T CORRELL.
- Who are the officers and directors of RIVER FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does RIVER FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,165,398, expenses of $3,345,700 and total assets of $613,672 at year end.
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