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        <BOYAmt>159615</BOYAmt>
        <EOYAmt>59615</EOYAmt>
      </GrantsPayableGrp>
      <OtherLiabilitiesGrp>
        <BOYAmt>1419</BOYAmt>
        <EOYAmt>999</EOYAmt>
      </OtherLiabilitiesGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>175192</BOYAmt>
        <EOYAmt>201086</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
        <BOYAmt>7182284</BOYAmt>
        <EOYAmt>8676053</EOYAmt>
      </NoDonorRestrictionNetAssetsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>7182284</BOYAmt>
        <EOYAmt>8676053</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>7357476</BOYAmt>
        <EOYAmt>8877139</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>1493769</ReconcilationRevenueExpnssAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleD documentId="RetDoc3">
      <LandGrp>
        <OtherCostOrOtherBasisAmt>7531006</OtherCostOrOtherBasisAmt>
        <BookValueAmt>7531006</BookValueAmt>
      </LandGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>57235</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>54462</DepreciationAmt>
        <BookValueAmt>2773</BookValueAmt>
      </EquipmentGrp>
      <OtherLandBuildingsGrp>
        <OtherCostOrOtherBasisAmt>434016</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>124078</DepreciationAmt>
        <BookValueAmt>309938</BookValueAmt>
      </OtherLandBuildingsGrp>
      <TotalBookValueLandBuildingsAmt>7843717</TotalBookValueLandBuildingsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>ACCRUED EXPENSES</Desc>
        <Amt>999</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>999</TotalLiabilityAmt>
      <TotalRevEtcAuditedFinclStmtAmt>2219580</TotalRevEtcAuditedFinclStmtAmt>
      <RevenueSubtotalAmt>2219580</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>2219580</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>725811</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>725811</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>725811</TotalExpensesPerForm990Amt>
    </IRS990ScheduleD>
    <IRS990ScheduleJ documentId="RetDoc4">
      <BoardOrCommitteeApprovalInd>X</BoardOrCommitteeApprovalInd>
      <SeverancePaymentInd>false</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>false</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>false</EquityBasedCompArrngmInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>CHRIS GIRDLER</PersonNm>
        <TitleTxt>PRESIDENT + CEO</TitleTxt>
        <BaseCompensationFilingOrgAmt>168000</BaseCompensationFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>168000</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleM documentId="RetDoc5">
      <OtherNonCashContriTableGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <Desc>FACILITIES RENT</Desc>
        <ContributionCnt>1</ContributionCnt>
        <NoncashContributionsRptF990Amt>54000</NoncashContributionsRptF990Amt>
      </OtherNonCashContriTableGrp>
      <AnyPropertyThatMustBeHeldInd>false</AnyPropertyThatMustBeHeldInd>
      <ReviewProcessUnusualNCGiftsInd>false</ReviewProcessUnusualNCGiftsInd>
      <ThirdPartiesUsedInd>false</ThirdPartiesUsedInd>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc6">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>SPEDA'S MISSION WILL BE TO ENHANCE THE BUSINESS CLIMATE IN AND FOSTER COOPERATION AMONG VARIOUS GOVERNMENT ENTITIES AND PRIVATE SECTOR ORGANIZATIONS. IT WILL BE AN ESSENTIAL POINT OF CONTACT FOR BUSINESSES INTERESTED IN LOCATING OR EXPANDING TO THE COMMUNITY AS WELL AS ASSISTING EXISTING LOCAL COMPANIES IN EXPANSION AND THE REGION'S WORKFORCE DEVELOPMENT EFFORTS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>990 IS PREPARED AFTER ANNUAL AUDIT IS COMPLETED AND IS REVIEWED BY PRESIDENT/CEO AND CHAIR OF THE BOARD THEN PRESENTED TO WHOLE BOARD.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>APPROVED BY THE BOARD</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15B</FormAndLineReferenceDesc>
        <ExplanationTxt>APPROVED BY THE CEO</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc7">
      <IdDisregardedEntitiesGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>SPEDA PROPERTIES 1 LLC</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>306 E MT VERNON ST STE 316</AddressLine1Txt>
          <CityNm>SOMERSET</CityNm>
          <StateAbbreviationCd>KY</StateAbbreviationCd>
          <ZIPCd>42501</ZIPCd>
        </USAddress>
        <EIN>853974572</EIN>
        <PrimaryActivitiesTxt>RE HOLDING</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>KY</LegalDomicileStateCd>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>SPEDA</BusinessNameLine1Txt>
        </DirectControllingEntityName>
      </IdDisregardedEntitiesGrp>
    </IRS990ScheduleR>
  </ReturnData>
</Return>