COMMUNITY FOUNDATION OF THE RAPPAHANNOCK RIVER REGION INC

EIN: 541843987 501(c)(3) Philanthropy & Grantmaking

FREDERICKSBURG, VA

Total Revenue
$9,379,187
Total Expenses
$4,422,846
Total Assets
$64,400,227
Net Assets
$61,575,978
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
VA
Principal Officer
JAMEE ROGERS
Phone
5403739292
Tax Period
2024-07-01 to 2025-06-30

COMMUNITY FOUNDATION OF THE RAPPAHANNOCK RIVER REGION INC, founded in 1997, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.8M in total revenue in fiscal year 2018. Revenue fell 24% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.5M, a strong 39% operating margin.

Mission

THE COMMUNITY FOUNDATION IS A DEVOTED ADVOCATE FOR THE VITALITY AND WELL- BEING OF THE RAPPAHANNOCK RIVER REGION. (CONTINUED IN SCHEDULE O)

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,866,993
Program Service Revenue $0
Investment Income $3,373,513
Other Revenue $138,681
TOTAL REVENUE $9,379,187

Expense Breakdown

Grants Paid $3,285,019
Salaries & Benefits $511,444
Fundraising Expenses $72,365
Program Expenses $4,011,382
Other Expenses $626,383
TOTAL EXPENSES $4,422,846

Year-over-Year Comparison

2024 2023 Change
Revenue $9,379,187 $4,960,095 +0.9%
Expenses $4,422,846 $3,573,055 +0.2%
Net Income $4,956,341 $1,387,040 +2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
6
Volunteers
49

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON SCHMIDT PRESIDENT 3.00
Officer Director
$0 $0 $0
KIMBERLY YOUNG PRESIDENT-EL 1.50
Officer Director
$0 $0 $0
KRISTIN SHIELDS SECRETARY 1.50
Officer Director
$0 $0 $0
ANDREW GROSSNICKLE TREASURER 3.00
Officer Director
$0 $0 $0
PAUL GIAMBRA PAST PRESIDE 1.00
Officer Director
$0 $0 $0
BILL BOLDON BOARD MEMBER 1.00
Director
$0 $0 $0
HARRY D DICKINSON BOARD MEMBER 1.00
Director
$0 $0 $0
JANET GULLICKSON BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE HANCHEY BOARD MEMBER 1.00
Director
$0 $0 $0
RANDALL O HARRIS BOARD MEMBER 1.00
Director
$0 $0 $0
GAYLE HOCK BOARD MEMBER 1.00
Director
$0 $0 $0
TYRONE A LOGAN BOARD MEMBER 1.00
Director
$0 $0 $0
BENJAMIN R MAXWELL BOARD MEMBER 1.00
Director
$0 $0 $0
JENN MCGOVERN BOARD MEMBER 1.00
Director
$0 $0 $0
BROOKE MILLER BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE NORAIR BOARD MEMBER 1.00
Director
$0 $0 $0
ADDISON POCK BOARD MEMBER 1.00
Director
$0 $0 $0
REGGIE SAMUEL BOARD MEMBER 1.00
Director
$0 $0 $0
W ANDREW WITHERS BOARD MEMBER 1.00
Director
$0 $0 $0
TERI MCNALLY CHIEF EXEC O 55.00
$181,000 $18,972 $199,972
JAMEE ROGERS CHIEF EXEC O N/A
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $9,379,187 $4,422,846 $64,400,227 $4,956,341
2024 $4,960,095 $3,573,055 $56,073,365 $1,387,040
2023 $3,062,418 $3,121,646 $50,870,554 $-59,228
2022 $12,420,135 $3,110,766 $45,588,387 $9,309,369
2021 $18,462,222 $2,564,355 $46,257,314 $15,897,867
2020 $3,615,065 $2,774,016 $24,307,577 $841,049
2019 $3,773,138 $2,294,640 $24,204,989 $1,478,498
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