Resource Exchange International Inc logo

Resource Exchange International Inc

Public charity · Grantmaker Colorado Springs, CO EIN: 59-3043334 Website

To engage, encourage, equip, and empower people to strengthen the strategic sectors of their emerging nations. REI's volunteer professionals work side-by-side with local professionals to plan forums such as visiting professorships, short-term seminars and conferences, cultural exchange programs, and long-term on-site cooperative ventures. REI provides technical and advisory assistance through partnerships with change agents and strategic institutions such as governmental entities, universities, technical schools, and medical clinics. Programs are currently active in africa, asia, and the middle east. These programs include training in the english language, medicine and health care, economics and business, and agriculture.

Resource Exchange International Inc at a glance

In short: Resource Exchange International Inc reported $17K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.

Grants paid (2025)
$17,022 — reported as a total on the IRS filing, without an itemized list
-72.2% vs 2024
Total assets
$1,180,671
+37.1% vs 2024
Revenue (2025)
$2,598,059
+12.5% vs 2024
Net investment income (2025)
$117,751
+68.0% vs 2024
Expenses (2025)
$2,459,512
-2.0% vs 2024
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Resource Exchange International Inc funds

How this funder distributes its grants

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 7 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

Colorado SpringsOrlandoBellaireCaryElginVancouver

How Resource Exchange International Inc gives

  • Giving grew 197% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K1 grant2019 Total only2020 1 grant2021 1 grant2022 2 grants2023 3 grants2024 Total only2025

From 2019 to 2025, annual grant giving ranged from $8K (2022) to $90K (2020). In 2025 it reported $17K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The Navigators Colorado Springs, COProgram outreach and support.$40,000
Pioneers Orlando, FLProgram outreach and support.$15,559
One Collective Elgin, ILProgram outreach and support.$5,715
Your AI grants department

Ready to take the next step with Resource Exchange International Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$1,180,671$2,598,059$2,459,512$17,022Total only$117,751
2024$861,327$2,309,237$2,509,179$61,2743$70,099
2023$1,523,527$2,446,496$2,603,828$23,4532$27,977
2022$1,228,770$2,566,501$2,864,159$8,3641$27,533
2021$1,558,644$2,699,070$2,351,191$20,6651$29,249
2020$1,128,132$2,267,462$1,859,584$89,937Total only$5,767
2019$683,852$2,138,298$2,150,639$14,0041$5,571

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About Resource Exchange International Inc

Based on IRS filings

Resource Exchange International Inc is a public charity focused on International, Foreign Affairs & National Security, based in Colorado Springs, CO. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it reported $17K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $118K.

Leadership & Key People

Officers and directors from IRS filings

Resource Exchange International Inc is led by Kenneth Douglas Erdmann, President on every filing since 2019; 3 of 12 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Kenneth Douglas Erdmann

    President

    On filings since 2019

    40 hrs/week

    $56K (2019) → $88K (2025)

  • Bryan Gibbs

    Board Chair

    Director → Chairman, 2023

    Chairman → Board Chair, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Brent Senior

    Director

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Leon Neumann

    Director

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Linda Bruce

    Director

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Peter Udall

    Director

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Becky Neumann

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • David Stott

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Walter Lee

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Jay Smidt

    CFO

    Treasurer & Vice President-Admin → Treasurer & Vice President-A, 2023

    Treasurer & Vice President-A → CFO, 2024

    On filings since 2019

    40 hrs/week

    $66K (2019) → $91K (2025)

  • Timothy Moore

    Senior Vice President

    On filings since 2024

    40 hrs/week

    $45K (2024) → $57K (2025)

  • Terry McHugh

    Board Vice Chair

    Director → Board Vice Chair, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

Former officers (11)
  • Former: Brian Teel (2019–2024) — Senior Vice President
  • Former: Gary Guarisco (2024) — Director
  • Former: Gail Jones (2019–2022) — Director
  • Former: Ken Gray (2019–2022) — Chairman -
  • Former: Paul Yankey (2019–2022) — Chairman - Starting May
  • Former: Randy Otto (2022) — Director
  • Former: Sarah Coors (2022) — Director
  • Former: Zachary Sparks (2019–2021) — Director
  • Former: David Lyons (2019–2020) — Director
  • Former: Scott Ainslie (2019–2020) — Director
  • Former: Andy Weeks (2019) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Jay Smidt — CFO: $91KJay SmidtCFO$91KKenneth Douglas Erdmann — President: $88KKenneth Douglas ErdmannPresident$88KTimothy Moore — SR Vice President: $57KTimothy MooreSR Vice President$57K

The highest reported compensation on the 2025 filing was $91K, to Jay Smidt (CFO). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Resource Exchange International Inc

How much does Resource Exchange International Inc give each year?

Resource Exchange International Inc reported $17K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it gave $61K across 3 grants.

How large is Resource Exchange International Inc?

Resource Exchange International Inc reported $1.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.6M.

What is Resource Exchange International Inc?

Resource Exchange International Inc is a public charity focused on International, Foreign Affairs & National Security, based in Colorado Springs, CO. It holds $1.2M in total assets as of 2025.

Where does Resource Exchange International Inc operate?

Resource Exchange International Inc has awarded grants in Colorado, Florida, Illinois, North Carolina, Texas, Washington.

What is Resource Exchange International Inc's EIN?

Resource Exchange International Inc's EIN (Employer Identification Number) is 59-3043334. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS March 17, 2025)
  2. Added Form 990 for fiscal year 2019 (received by the IRS April 29, 2020)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 25, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 10, 2024)
  5. Updated Form 990 for fiscal year 2020 (received by the IRS May 20, 2021)
  6. Updated Form 990 for fiscal year 2021 (received by the IRS May 3, 2022)
  7. Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
  8. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in Resource Exchange International Inc's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Colorado

Tyndale House Ministries

Carol Stream, IL

Tyndale House Ministries funds Christian ministries and mission organizations working in Christian literature, evangelical endeavors, Bible translation, leadership training, humanitarian aid, and local charitable work in greater Chicago and DuPage County. Its 2026 grants ranged from $5,500 to $386,150, with a median of $22,000, supporting work in the United States and internationally. The profile does not state whether it accepts unsolicited requests.

Religion Related

Assets

$151.4M

Grants

223

Total Given

$7.4M

Thrivent Charitable Impact & Investing

Appleton, WI

Thrivent Charitable Impact & Investing distributes donor-directed and program donations to a broad range of causes and organizations in local, national, and global communities. Its 2024 grants had a median of $11,520 and ranged from $5,006 to $5 million. The profile does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$939.7M

Grants

2,565

Total Given

$84.6M

Chattanooga Christian Community Foundation

Chattanooga, TN

The foundation supports 501(c)(3) charities and Christian ministries, with grants for community needs, education, children and families, and other charitable work; its 2024 median grant was $18,250, though awards varied widely. Giving is concentrated in Tennessee, especially the Chattanooga area, with grants also reaching other states; it does not describe a general open application process—one giving circle uses member nominations, and Unidos en Compasión accepts applications by invitation.

Philanthropy, Voluntarism & Grantmaking

Assets

$136.1M

Grants

567

Total Given

$36.4M

Dallas Seminary Foundation

Dallas, TX

Dallas Seminary Foundation primarily supports Dallas Theological Seminary, scholarships, theological education, ministry training, and related Christian ministries; in 2025, its grants ranged from $5,300 to $6.126 million, with a median of $17,100. Most 2025 grant dollars went to Texas, with additional funding in several other states. The profile does not state whether it accepts unsolicited requests.

Education

Assets

$122.2M

Grants

125

Total Given

$14.8M

The Bolick Foundation

Conover, NC

The Bolick Foundation primarily funds Christian ministries and evangelism, as well as religious, educational, charitable, scientific, and medical programs; its 2025 grants ranged from $1,000 to $6.67 million, with a median of $39,787. Based in North Carolina, it funded organizations across the U.S., with the largest share of 2025 grant dollars going to Missouri. It states that it does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$55.1M

Grants

266

Total Given

$22.5M

From His Hand Foundation

Sycamore, IL

From His Hand Foundation supports preselected charitable organizations, including groups focused on Christian teaching and ministry, child and youth services, and community development. Its 2025 grants ranged from $5,000 to $80,000, with a median of $15,500, and the largest shares went to organizations in Illinois, Colorado, Florida, North Carolina, and California. It does not accept unsolicited funding requests.

Assets

$23.4M

Grants

60

Total Given

$1.2M

More similar funders

More Funders in Colorado

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Resource Exchange International Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Resource Exchange International Inc down — hundreds of funders to go?

Want AI to do this for you?