Nonprofit · EIN 61-0733728
MARION COUNTY INDUSTRIAL FOUNDATION INC
Tax-exempt · LEBANON, KY 40033
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $835,549 | $339,838 | $495,711 | $9,525,374 | $2,019,409 | $7,505,965 |
| December 31, 2024 | 990 | $393,952 | $364,824 | $29,128 | $8,275,667 | $1,265,413 | $7,010,254 |
| December 31, 2023 | 990 | $715,709 | $718,895 | -$3,186 | $8,270,751 | $1,289,625 | $6,981,126 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $788,680
- of which government grants
- $788,680
- Program service revenue
- $0
- Investment income
- $13,197
- Net rental income
- $264
- Net income from sales of inventory
- $33,408
- Other revenue
- $33,672
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $117,108
- Other salaries and wages
- $60,267
- Salaries, compensation and benefits (total)
- $219,226
- Professional fundraising fees
- $0
- Legal fees
- $9,800
- Accounting fees
- $2,725
- Occupancy
- $7,109
- Travel
- $17,487
- Depreciation
- $1,716
- Program services (functional)
- $339,838
Balance sheet and other
- Total assets, start of year
- $8,275,667
- Total assets, end of year
- $9,525,374
- Total liabilities, end of year
- $2,019,409
- Net assets, end of year
- $7,505,965
- Land, buildings and equipment
- $8,228
- Net assets without donor restrictions
- $6,617,431
- Net assets with donor restrictions
- $888,534
- Gross unrelated business income
- $264
- Gross receipts
- $1,065,053
- Employees
- 2
- Year formed
- 1973
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BOBBY MILES | PRESIDENT Officer | – | $0 |
| WILLIAM P THOMPSON | DIRECTOR Trustee or director | – | $0 |
| GEORGE SPRAGENS | SECRETARY/TR Officer | – | $0 |
| JOSH EVANS | DIRECTOR Trustee or director | – | $0 |
| CHRISTINA MCRAY | DIRECTOR Trustee or director | – | $0 |
| DAVID DAUGHERTY | DIRECTOR Trustee or director | – | $0 |
| JIMMY HIGDON | DIRECTOR Trustee or director | – | $0 |
| JOE SPALDING | DIRECTOR Trustee or director | – | $0 |
| DENISE THOMAS | DIRECTOR Trustee or director | – | $0 |
| JANET SHECKLES | DIRECTOR Trustee or director | – | $0 |
| DR DAVID GEORGE | DIRECTOR Trustee or director | – | $0 |
| GARY CRENSHAW | DIRECTOR Trustee or director | – | $0 |
| AUBRI OSBOURNE | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BOBBY MILES | PRESIDENT Officer | – | $0 |
| WILLIAM P THOMPSON | DIRECTOR Trustee or director | – | $0 |
| GEORGE SPRAGENS | SECRETARY/TR Officer | – | $0 |
| JOSH EVANS | DIRECTOR Trustee or director | – | $0 |
| CHRISTINA MCRAY | DIRECTOR Trustee or director | – | $0 |
| DAVID DAUGHERTY | DIRECTOR Trustee or director | – | $0 |
| JIMMY HIGDON | DIRECTOR Trustee or director | – | $0 |
| JOE SPALDING | DIRECTOR Trustee or director | – | $0 |
| DENISE THOMAS | DIRECTOR Trustee or director | – | $0 |
| JANET SHECKLES | DIRECTOR Trustee or director | – | $0 |
| DR DAVID GEORGE | DIRECTOR Trustee or director | – | $0 |
| GARY CRENSHAW | DIRECTOR Trustee or director | – | $0 |
| MEILSSA NEWCOMB | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BOBBY MILES | PRESIDENT Officer | – | $0 |
| WILLIAM P THOMPSON | DIRECTOR Trustee or director | – | $0 |
| GEORGE SPRAGENS | SECRETARY/TR Officer | – | $0 |
| JOSH EVANS | DIRECTOR Trustee or director | – | $0 |
| CHRISTINA MCRAY | DIRECTOR Trustee or director | – | $0 |
| DAVID DAUGHERTY | DIRECTOR Trustee or director | – | $0 |
| JIMMY HIGDON | DIRECTOR Trustee or director | – | $0 |
| JOE SPALDING | DIRECTOR Trustee or director | – | $0 |
| DENISE THOMAS | DIRECTOR Trustee or director | – | $0 |
| JANET SHECKLES | DIRECTOR Trustee or director | – | $0 |
| DR DAVID GEORGE | DIRECTOR Trustee or director | – | $0 |
| GARY CRENSHAW | DIRECTOR Trustee or director | – | $0 |
| MEILSSA NEWCOMB | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 223 N SPALDING AVE STE 300, LEBANON, KY 40033-1586
- In care of
- % WHITE & CO PSC
- Mailing address (990-N for 2019)
- 223 North Spalding Ave Suite 300, Lebanon KY 40033
- Principal officer (990 for 2025)
- BOBBY MILES, P O BOX 850, LEBANON, KY 40033
- Principal officer (990-N for 2019)
- Patrick Ford, 223 North Spalding Ave Suite 300, Lebanon KY 40033
- Signed the 990
- BOBBY MILES, PRESIDENT
- Phone
- (270) 692-6002
- Website
- WWW.MARIONCOUNTYKY.COM
- Return prepared by
- WHITE AND COMPANY PSC
Mission
INDUSTRIAL DEVELOPMENT IN LEBANON AND MARION COUNTY, KENTUCKY
Program accomplishments
- INDUSTRIAL DEVELOPMENT IN LEBANON AND MARION COUNTY, KENTUCKY. SEE PDF ATTACHED FOR LIST OF ACCOMPLISHMENTS.Expenses $51,940
- INDUSTRIAL DEVELOPMENT IN LEBANON AND MARION COUNTY, KENTUCKY. SEE PDF ATTACHED FOR LIST OF ACCOMPLISHMENTS.Expenses $287,898
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 61-0733728
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $9,525,374
- Income (IRS master file)
- $1,065,053
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $835,549 | $339,838 | $9,525,374 | XML |
| 990-T | December 2025 | – | – | – | IRS |
| 990 | December 2024 | $393,952 | $364,824 | $8,275,667 | XML |
| 990 | December 2023 | $715,709 | $718,895 | $8,270,751 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $726,204 | $263,185 | $8,394,911 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Patrick Ford | December 31, 2019 | ≤ $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 61-0733728).
Questions about MARION COUNTY INDUSTRIAL FOUNDATION INC
- What is the EIN of MARION COUNTY INDUSTRIAL FOUNDATION INC?
- The employer identification number (EIN) of MARION COUNTY INDUSTRIAL FOUNDATION INC is 61-0733728.
- Is MARION COUNTY INDUSTRIAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to MARION COUNTY INDUSTRIAL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARION COUNTY INDUSTRIAL FOUNDATION 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 MARION COUNTY INDUSTRIAL FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARION COUNTY INDUSTRIAL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MARION COUNTY INDUSTRIAL FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names BOBBY MILES.
- Who are the officers and directors of MARION COUNTY INDUSTRIAL FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does MARION COUNTY INDUSTRIAL FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $835,549, expenses of $339,838 and total assets of $9,525,374 at year end.
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All nonprofits in LEBANON · Kentucky · Community improvement and capacity building