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Nonprofit · EIN 61-0246043

KENTUCKY LUMBER & BUILDING MATERIAL DEALERS ASSOCIATION

Tax-exempt · PROSPECT, KY 40059

Financials

$82K$81K2023$109K$98K2024
Revenue Expenses · by fiscal year end
Financials of KENTUCKY LUMBER & BUILDING MATERIAL DEALERS ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$109,165$98,106$11,059$596,843$0$596,843
December 31, 2023990$82,149$80,535$1,614$585,784$0$585,784
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$39,625
Membership dues
$39,625
Program service revenue
$10,864
Investment income
$30,691
Net gain from sales of assets
$15,037
Net income from sales of inventory
$36
Other revenue
$27,985

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,115
Occupancy
$423
Travel
$5,479
Program services (functional)
$96,568
Management and general (functional)
$1,538

Balance sheet and other

Total assets, start of year
$585,784
Total assets, end of year
$596,843
Total liabilities, end of year
$0
Net assets, end of year
$596,843
Publicly traded securities
$581,888
Net assets without donor restrictions
$596,843
Gross unrelated business income
$72
Gross receipts
$109,165
Employees
0
Year formed
1934
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
PAUL GABBARDPresident
Trustee or director
0$0
BOB LINDSEYChairman
Trustee or director
0$0
SCOTT MCCOUNSecretary
Trustee or director
0$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
PAUL GABBARDPresident
Trustee or director
0$0
BOB LINDSEYChairman
Trustee or director
0$0
SCOTT MCCOUNSecretary
Trustee or director
0$0

Address and contacts

Address (IRS master file)
5932 TIMBER RIDGE DR STE 101, PROSPECT, KY 40059-8149
Signed the 990
BOB LINDSEY, President
Phone
(502) 223-5322
Return prepared by
MetroTax Co

Mission

SKILLS OF MANAGEMENT OF THE MEMBERS BUSINESSES WITHIN THE INDUSTRY.

990 for the year ended December 31, 2024

Program accomplishments

  • SKILLS OF MANAGEMENT OF THE MEMBERS BUSINESSES WITHIN THE INDUSTRY.
    Expenses $96,568

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
61-0246043
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1936
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$596,843
Income (IRS master file)
$109,165

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$109,165$98,106$596,843XML
990December 2023$82,149$80,535$585,784XML
990December 2022$81,808$75,289$584,170IRS
990December 2021–––IRS
990December 2020–––IRS

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 61-0246043).

Questions about KENTUCKY LUMBER & BUILDING MATERIAL DEALERS ASSOCIATION

What is the EIN of KENTUCKY LUMBER & BUILDING MATERIAL DEALERS ASSOCIATION?
The employer identification number (EIN) of KENTUCKY LUMBER & BUILDING MATERIAL DEALERS ASSOCIATION is 61-0246043.
Is KENTUCKY LUMBER & BUILDING MATERIAL DEALERS ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1936.
Are donations to KENTUCKY LUMBER & BUILDING MATERIAL DEALERS ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KENTUCKY LUMBER & BUILDING MATERIAL DEALERS ASSOCIATION 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 KENTUCKY LUMBER & BUILDING MATERIAL DEALERS ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KENTUCKY LUMBER & BUILDING MATERIAL DEALERS ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of KENTUCKY LUMBER & BUILDING MATERIAL DEALERS ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does KENTUCKY LUMBER & BUILDING MATERIAL DEALERS ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $109,165, expenses of $98,106 and total assets of $596,843 at year end.

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