CENTER ON RURAL INNOVATION INC

As filed

Subsection

03

NTEE code

S32

Classification

1200

Street

PO BOX 392

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

• RURAL AMERICA HAS UNDERGONE SEISMIC CHANGES IN THE LAST 20 YEARS AND WE ARE COMMITTED TO USING DATA TO ENSURE THERE IS AVAILABLE RESEARCH THAT REFLECTS THIS EVOLUTION AND THE OPPORTUNITIES THAT ACCOMPANY IT. OUR TEAM OF SOFTWARE DEVELOPERS, DATA ENGINEERS, AND DATA SCIENTISTS BUILD DATA-DRIVEN MAPS, TOOLS, AND OTHER RESOURCES THAT HIGHLIGHT RURAL AMERICA'S OPPORTUNITIES AND CHALLENGES. IN DEVELOPING THESE RESOURCES, WE MAKE DATA ABOUT RURAL COMMUNITIES ACCESSIBLE, AND ALSO LOOK TO BROADEN THE CONVERSATION AND CHANGE THE NARRATIVE ABOUT WHAT'S POSSIBLE IN RURAL AMERICA.

  Expenses $764,750 · Revenue $33,197

• COMMUNITY CONSULTING: WE'VE IDENTIFIED THE NECESSARY INFRASTRUCTURE COMMUNITIES NEED TO PARTICIPATE IN THE TECH ECONOMY, WHICH INCLUDE BROADBAND INFRASTRUCTURE, COWORKING AND ENTREPRENEURSHIP SPACES, AND LOCAL LEADERSHIP CAPACITY. WE PROVIDE CRITICAL SUPPORT TO ENABLE COMMUNITIES TO SECURE FUNDING, DEVELOP INFRASTRUCTURE AND IMPLEMENT THE PROGRAMS NECESSARY TO UNLOCK THE POTENTIAL OF RURAL AMERICA.

  Expenses $1,056,476 · Revenue $119,799

• THE RURAL INNOVATION NETWORK IS A NATIONAL COMMUNITY OF PRACTICE WORKING TO ADVANCE THE ECONOMIC FUTURE OF RURAL AMERICA. THROUGH THIS NETWORK, THE CENTER ON RURAL INNOVATION BRINGS TOGETHER DIVERSE LEADERS FROM COMMUNITIES ADVANCING THEIR TECH ECONOMIES AND PROVIDES THEM WITH A RANGE OF CUSTOMIZED SOLUTIONS TO PRESSING CHALLENGES.

  Expenses $1,433,934 · Revenue $65,000

• THROUGH OUR RURAL INNOVATION INITIATIVE, OUR TEAM WORKS WITH COHORTS OF RURAL COMMUNITIES TO CREATE PLACE-BASED TECH ECONOMY STRATEGIES, AN ECONOMIC DEVELOPMENT MODEL THAT AIMS TO EDUCATE AND TRAIN LOCAL RESIDENTS IN DIGITAL SKILLS, EMPLOY THEM IN TECH JOBS, AND EMPOWER THEM TO LAUNCH THE STARTUPS THAT WILL DRIVE THEIR LOCAL ECONOMY. SINCE LAUNCHING IN 2019, WE'VE HELPED OUR COMMUNITIES RAISE MORE THAN $33 MILLION IN FEDERAL FUNDING AND MATCHING DOLLARS THROUGH THE U.S. ECONOMIC DEVELOPMENT ADMINISTRATION'S HIGHLY COMPETITIVE BUILD TO SCALE VENTURE CHALLENGE GRANT.

  Expenses $406,374 · Revenue $170,725

• OUR THOUGHT LEADERSHIP EFFORTS FOCUS ON SHIFTING THE NARRATIVE ABOUT WHAT IS POSSIBLE IN RURAL AMERICA. WE PUBLISH CASE STUDIES, BLOG POSTS, AND OP-EDS, AS WELL AS PRODUCE VIDEOS AND HOST WEBINARS TO HIGHLIGHT POSITIVE EXAMPLES AND IMPACT OF THE TECH SECTOR AND ENTREPRENEURSHIP IN ACTION IN SMALL TOWNS ACROSS THE COUNTRY.

  Expenses $142,461 · Revenue $3,340

• WE LAUNCHED THE CORI INNOVATION FUND (CIF) IN 2020, A SEED FUND, TO INVEST IN TECH-ENABLED STARTUPS LOCATED IN RURAL OPPORTUNITY ZONES. CIF SEEKS ATTRACTIVE TECHNOLOGY-ENABLED OPERATING STARTUPS IN RURAL GEOGRAPHIES, WHICH ARE UNDER-SERVED BY TRADITIONAL VENTURE CAPITAL INSTITUTIONS. WE IDENTIFY, FUND, AND SUPPORT THE BEST AND MOST INNOVATIVE TECH ENTREPRENEURS IN RURAL AMERICA, ENHANCING ECONOMIC GROWTH AND TECH JOB CREATION IN SMALL COMMUNITIES ACROSS THE UNITED STATES.

  Expenses $143,859

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

• 2023

  Revenue

  $6,043,680

  Expenses

  $5,242,381

  Contributions

  $5,592,922

  Grants paid

  $0

• 2022

  Revenue

  $3,508,095

  Expenses

  $4,751,153

  Contributions

  $3,225,473

  Grants paid

  $15,873

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $1,904,173

  Expenses

  $3,025,527

  Assets (EOY)

  $3,965,475

• 2020 · 990

  Revenue

  $3,782,203

  Expenses

  $1,349,811

  Assets (EOY)

  $3,934,245

• 2019 · 990

  Revenue

  $1,825,858

  Expenses

  $1,098,894

  Assets (EOY)

  $1,080,336

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

• GLOBAL ENTREPRENEUR IN RESIDENCE COALITION INC

  $10,000

  2022 · LAUNCH AND SCALE GLOBAL ENTREPRENEUR IN RESIDENCE PROGRAMS ACROSS CORI'S SERVED REGIONS

Where these grants went next →

Grants received

• ROCKEFELLER PHILANTHROPY ADVISORS INC

  $989,000

  2022 · GENERAL

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $695,100

  2024 · For grant recipient's exempt purposes

• ROCKEFELLER PHILANTHROPY ADVISORS INC

  $579,086

  2023 · GENERAL

• ASCENDIUM EDUCATION SOLUTIONS INC

  $505,200

  2024 · Grant, Advancing Digital Skilling in Rural America Grant, Travel Grant - Rural Summit

• ASCENDIUM EDUCATION SOLUTIONS INC

  $500,000

  2022 · Grant, Advancing Digital Skilling in Rural America

• ECMC FOUNDATION

  $457,200

  2024 · GENERAL SUPPORT

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $435,530

  2022 · For grant recipient's exempt purposes

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $365,350

  2023 · For grant recipient's exempt purposes

• ASCENDIUM EDUCATION SOLUTIONS INC

  $331,200

  2025 · GRANT, ADVANCING DIGITAL SKILLING IN RURAL AMERICA

• DIGITAL HARBOR FOUNDATION INC

  $200,000

  2024 · PROGRAM SUPPORT

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files