Regional Contracting Assistance Center Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 550680834 ✦ Charleston, WV ✦ Designated as a 501(c)(3)

Overview

What is Regional Contracting Assistance Center Inc?

Regional Contracting Assistance Center Inc, situated in Charleston, West Virginia, is a nonprofit organization dedicated to stimulating economic growth and enhancing business conditions within the state. With a team of six dedicated individuals, they achieve this goal by offering counseling, marketing support, seminars, webinars, and technical assistance to both domestic businesses and government agencies. Their primary mission is to provide procurement technical assistance, aiding West Virginia businesses in securing contracts with federal, state, or local governments. By offering this assistance, RCAC aims to foster business expansion and job creation throughout West Virginia.


Official website here: www.rcacwv.com

Is Regional Contracting Assistance Center Inc legitimate?

Regional Contracting Assistance Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regional Contracting Assistance Center Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $76,668
Professional Fundraising Fees: $0
Other Salaries and Wages: $244,185

For more financial information, click here


Official website here: www.rcacwv.com

What is the mission statement of Regional Contracting Assistance Center Inc?

The Regional Contracting Assistance Center Inc's mission is centered around providing aid to businesses in West Virginia, specifically those looking to secure contracts with federal, state, or local governments. In essence, their role is to offer procurement technical assistance. To accomplish this, they provide various resources such as counseling, marketing events, seminars, webinars, and workshops. Their ultimate goal is to stimulate job creation and business growth in West Virginia by fostering relationships between domestic businesses and government agencies, thereby improving overall business conditions in the state.


Official website here: www.rcacwv.com

Who is the CEO of Regional Contracting Assistance Center Inc?

Sommer Straight is the President of Regional Contracting Assistance Center Inc.


Official website here: www.rcacwv.com

What is the revenue of Regional Contracting Assistance Center Inc?

Regional Contracting Assistance Center Inc's revenue in 2022 was $806,969.


Official website here: www.rcacwv.com

Who are the executives of Regional Contracting Assistance Center Inc and what are their salaries?

The average compensation at Regional Contracting Assistance Center Inc during 2022 was $53,476. There are 6 employees at Regional Contracting Assistance Center Inc.

Here are 9 key members and their salaries:

    Sommer Straight (President)
  • Compensation: $75,357
  • Related: $0
  • Other: $0

    • Glen A Murphy (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Clay (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Munson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Perry Ballard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John C Casey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan Hoylman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Duke Jordan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derek Scarbro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rcacwv.com

    Where can I find the form 990 for Regional Contracting Assistance Center Inc?

    The Regional Contracting Assistance Center Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.rcacwv.com

    Learn more at the official website: www.rcacwv.com

    Mission Statement of Regional Contracting Assistance Center Inc

    The Regional Contracting Assistance Center Inc, in its mission, aims to offer procurement technical assistance to businesses in West Virginia that are interested in securing contracts with federal, state, or local governments. This nonprofit organization's primary objective is to facilitate relationships between West Virginia businesses and these governing bodies, with the ultimate goal of stimulating job creation and promoting economic development within the state. To accomplish this, the Center provides various resources such as counseling, marketing seminars, webinars, sponsored workshops, and technical assistance to both domestic businesses and government agencies. By doing so, the Regional Contracting Assistance Center Inc works tirelessly to enhance business conditions in West Virginia, thereby fostering business expansion throughout the state.

    Impact

    This information is meant to be a general summary of Regional Contracting Assistance Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Regional Contracting Assistance Center Inc's impact is evident in the economic development and growth of West Virginia through its provision of procurement technical assistance to businesses in the state. By fostering relationships between local businesses and various government entities, RCAC plays a crucial role in stimulating job creation, business retention, and expansion. Through counseling, marketing activities, seminars, workshops, and technical support, RCAC empowers businesses to navigate the complex world of government contracting, ultimately contributing to the overall prosperity and success of the state's economy.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $27
  • Program Service Revenue: $2,140
  • Gross Receipts: $806,969

    • Assets and Liabilities:
  • Total Assets: $581,223
  • Total Liabilities: $292,000
  • Net Assets: $289,223
  • Organization Details

    Founding Year

    1987

    Principal Officer

    Sommer Straight

    Main Address

    1116 Smith Street Suite 401, Charleston, WV, 25301

    NTEE Category

    Code: Z99Z - Unknown

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