Skip to main content

Nonprofit · EIN 31-0970397

MADISON AIRPORT BOARD INC

Tax-exempt · RICHMOND, KY 40476

Financials

$1.8M$555K2022$3.3M$561K2023$520K$239K2024
Revenue Expenses · by fiscal year end
Financials of MADISON AIRPORT BOARD INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$519,542$239,372$280,170$15,704,431$429,574$15,274,857
June 30, 2024990$3,330,887$561,402$2,769,485$15,958,417$443,878$15,514,539
June 30, 2023990$1,821,904$554,929$1,266,975$13,252,665$507,611$12,745,054
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$381,485
of which government grants
$381,485
Program service revenue
$134,905
Investment income
$0
Other revenue
$3,152

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$59,658
Occupancy
$7,333
Program services (functional)
$239,372

Balance sheet and other

Total assets, start of year
$15,958,417
Total assets, end of year
$15,704,431
Total liabilities, end of year
$429,574
Net assets, end of year
$15,274,857
Land, buildings and equipment
$15,155,112
Net assets without donor restrictions
$15,274,857
Gross receipts
$519,542
Employees
0
Year formed
1971
State of legal domicile
KY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
COLLEN CHANEYBOARD MEMBER
Trustee or director
1$0
CHARLES CONLEYSECRETARY
Trustee or director
1$0
MYRON FISHERBOARD MEMBER
Trustee or director, Officer
1$0
DR ADRIENNE MILLET MDTREASURER
Trustee or director, Officer
1$0
DR WILMA WALKER MDBOARD MEMBER
Trustee or director
1$0
DR TIM ROSSBOARD MEMBER
Trustee or director
1$0
STEVE TUSSEYVICE CHAIRMA
Trustee or director, Officer
1$0
GEORGE WYATTCHAIRMAN
Trustee or director, Officer
1$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensation
COLLEN CHANEYBOARD MEMBER
Trustee or director
–$0
CHARLES CONLEYSECRETARY
Trustee or director
–$0
MYRON FISHERBOARD MEMBER
Trustee or director, Officer
–$0
DR ADRIENNE MILLET MDTREASURER
Trustee or director, Officer
–$0
DR WILMA WALKER MDBOARD MEMBER
Trustee or director
–$0
DR TIM ROSSBOARD MEMBER
Trustee or director
–$0
STEVE TUSSEYVICE CHAIRMA
Trustee or director, Officer
–$0
GEORGE WYATTCHAIRMAN
Trustee or director, Officer
–$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensation
CHARLES CONLEYBOARD MEMBER
Trustee or director
–$0
MYRON FISHERBOARD MEMBER
Trustee or director, Officer
–$0
DR ADRIENNE MILLET MDTREASURER
Trustee or director, Officer
–$0
DR WILMA WALKER MDBOARD MEMBER
Trustee or director
–$0
DR TIM ROSSBOARD MEMBER
Trustee or director
–$0
STEVE TUSSEYVICE CHAIRMA
Trustee or director, Officer
–$0
ETHAN WITTBOARD MEMBER
Trustee or director
–$0
GEORGE WYATTCHAIRMAN
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 2114, RICHMOND, KY 40476-2114
In care of
% C F KERBY MD CHAIRMAN
Mailing address (990-N for 2009)
124 MADISON AIRPORT ROAD, BEREA KY 40403
Principal officer (990 for 2024)
DR ADRIENNE MILLET MD
Principal officer (990-N for 2009)
EDDIE PULLINS, 117 LAKESHORE DR, RICHMOND KY 40475
Signed the 990
GEORGE WYATT, CHAIRMAN
Phone
(859) 986-3913
Return prepared by
SK LEE CPAS PSC

Mission

TO PROVIDE AIRPORT SERVICES TO THE CITY OF RICHMOND, CITY OF BEREA, MADISON COUNTY, AND THE EASTERN KENTUCKY UNIVERSITY STUDENT AVIATION PROGRAM.

990 for the year ended June 30, 2025

Program accomplishments

  • THE AIRPORT PROVIDES SERICES TO THE CITY OF RICHMOND, CITY OF BEREA, MADISON COUNTY AND EASTERN KENTUCKY UNIVERSITY STUDENT AVIATION PROGRAM.
    Expenses $239,372

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
31-0970397
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1980
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$15,704,431
Income (IRS master file)
$519,542

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$519,542$239,372$15,704,431IRS
990June 2024$3,330,887$561,402$15,958,417IRS
990June 2023$1,821,904$554,929$13,252,665XML
990June 2022$547,166$478,859$11,966,594IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS
990-N for 2009
Officer: EDDIE PULLINS
December 31, 2009≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-0970397).

Questions about MADISON AIRPORT BOARD INC

What is the EIN of MADISON AIRPORT BOARD INC?
The employer identification number (EIN) of MADISON AIRPORT BOARD INC is 31-0970397.
Is MADISON AIRPORT BOARD INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1980.
Are donations to MADISON AIRPORT BOARD INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MADISON AIRPORT BOARD INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MADISON AIRPORT BOARD INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MADISON AIRPORT BOARD INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MADISON AIRPORT BOARD INC?
The 990 for the year ended June 30, 2025 names DR ADRIENNE MILLET MD.
Who are the officers and directors of MADISON AIRPORT BOARD INC?
The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does MADISON AIRPORT BOARD INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $519,542, expenses of $239,372 and total assets of $15,704,431 at year end.

Other nonprofits in RICHMOND

All nonprofits in RICHMOND · Kentucky