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501c3 Non-Profit Status


THOSE THAT HAVE CONTRIBUTED
Thomas Claussen,Stephanie Findly,Ryan Vaughn,Greg Strandlie,Max Pineiro,Larry Davis,Brian Edwards,Howard's Towing & Recovery,Ronald Umland,Advanced Services of Redding,David Keever,Peter Harrell,James Aloi Private Inv.,Citi Towing,Dakota West,On Demand Repo,My Recovery System,South Texas Auto Recovery,Connect 1 Recovery,Elisa Noriega,George Badeen,Dana Loan,Peggy Chapman,Josh Pederson,Action Towing Servcies,All County Recovery,John Michel,Elizabeth J. Bennett,David J. Hughes,Andy Cowan,Sharon Handschin,Ray Franklin,Elmer Smith,Mark S. Summs,Kelly A Voetsch,Emily Massey,Marcelle Egley,Al Gonzalez,Eric Hellberg,Ron Keys,Chris Burns

We are extremely pleased to be able to announce that that Recovery Agents Benefits Fund received its approval for 501c3 status from the IRS in 2010; meaning that all donations to the fund are now fully tax deductible as charitable contributions. We are very proud of this accomplishment not only because it is the first of its kind for the repossession industry, but because the IRS has recognized the funds importance by approving its 501c3 non-profit status.

RABF was initially funded exclusively as a result of donations made to a specific individual's fund. Some agencies have been contributing small amounts on a regular basis regardless of an open fund, assisting the fund in having monies available on an immediate basis when needed.

We are hopeful that with the 501c3 status others within the industry including vendors who provide goods and services, as well as industry trade organizations will seize the opportunity not only to claim the tax deduction but also more actively participate in the fund's growth. After all, industry trade organizations are established to benefit their members and the industry and none of us know when you or your family member may need the services of the fund.

In a time when repossessors are often called upon to go head first into hostile situations and at a time when the turbulent economic times are pushing consumers to their financial and mental limits; this fund is more important than ever. Repossession agency owners struggle with the ability to meet their day to day financial obligations and often fall short in their ability to find affordable workers compensation rates and to provide health and life insurance benefits. This fund is a way to help within the industry and regular contributions are a way to make sure that the fund is able to respond when called upon; and now those contributions are tax deductible! Additional information on making donations can be found on the Make a Donation page on this site.


THOSE WE HAVE HELPED
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