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Filing year 2023

RITCHIE COUNTY EDUCATIONAL TRUST

Harrisville, West Virginia·EIN 55-6020147·NTEE B82Z · Education·3
Total revenue
$520k
Total assets
$5.7M
Total expenses
$0
Reported officers
8
Mission

THE RITCHIE COUNTY EDUCATIONAL TRUST (RCET) MAKES LOW INTEREST LOANS TO RITCHIE COUNTY RESIDENTS PURSUING POST-SECONDARY EDUCATION. THE RCET IS A NON-COMMERCIAL, REVOLVING LOAN PROGRAM FOR THE EXPRESS PURPOSE OF ASSISTING WORTHY STUDENTS IN OBTAINING EDUCATION. STUDENTS WHO BORROW MONEY PAY IT BACK UPON THE COMPLETION OF THEIR STUDIES AT A LOW RATE OF INTEREST, MAKING THAT MONEY AVAILABLE TO OTHER STUDENTS IN THE FUTURE.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Base salaryExecutive compensation
Director
director (operational)
$21k

Plus 7 unpaid individuals.

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