Nonprofit · EIN 61-1161213
KENTUCKY INDUSTRIAL DEVELOPMENT COUNCIL INC
Also known as KY ASSOC FOR ECONOMIC DEVELOPMENT
Tax-exempt · FRANKFORT, KY 40601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $269,003 | $282,337 | -$13,334 | $405,139 | $24,028 | $381,111 |
| December 31, 2023 | 990 | $1,151,489 | $971,384 | $180,105 | $389,574 | $0 | $389,574 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $257,110
- Investment income
- $11,893
- Other revenue
- $0
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
- Program services (functional)
- $277,305
- Management and general (functional)
- $5,032
Balance sheet and other
- Total assets, start of year
- $389,574
- Total assets, end of year
- $405,139
- Total liabilities, end of year
- $24,028
- Net assets, end of year
- $381,111
- Publicly traded securities
- $182,721
- Net assets without donor restrictions
- $289,811
- Net assets with donor restrictions
- $91,300
- Gross receipts
- $269,003
- Employees
- 0
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DARYL SMITH | Chairman Trustee or director, Officer | 2 | $0 |
| STEPHEN TAYLOR | VICE-CHAIR Trustee or director, Officer | 2 | $0 |
| TERRI BRADSHAW | SEC-TREASURER Trustee or director, Officer | 1 | $0 |
| JODY LASSITER | IMMEDIATE PAST Trustee or director | 1 | $0 |
| BOB HAMMOND | BOARD MEMBER Trustee or director | 1 | $0 |
| KIM HUSTON | BOARD MEMBER Trustee or director | 1 | $0 |
| RICHIE SANDERS | BOARD MEMBER Trustee or director | 1 | $0 |
| DEBBIE GRAY | BOARD MEMBER Trustee or director | 1 | $0 |
| GINA GREATHOUSE | BOARD MEMBER Trustee or director | 0 | $0 |
| BRUCE CARPENTER | BOARD MEMBER Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DARYL SMITH | Chairman Trustee or director, Officer | 2 | $0 |
| STEPHEN TAYLOR | VICE-CHAIR Trustee or director, Officer | 2 | $0 |
| TERRI BRADSHAW | SEC-TREASURER Trustee or director, Officer | 1 | $0 |
| JODY LASSITER | IMMEDIATE PAST Trustee or director | 1 | $0 |
| BOB HAMMOND | Director Trustee or director | 1 | $0 |
| KIM HUSTON | BOARD MEMBER Trustee or director | 1 | $0 |
| RICHIE SANDERS | BOARD MEMBER Trustee or director | 1 | $0 |
| DEBBIE GRAY | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 101 BURCH CT, FRANKFORT, KY 40601-8353
- In care of
- % STEPHANIE NELSON
- Mailing address (990-N for 2014)
- 101 BURCH COURT, FRANKFORT KY 40601
- Principal officer (990-N for 2014)
- HAL GOODE, 101 BURCH COURT, FRANKFORT KY 40601
- Signed the 990
- DARYL SMITH, Chairman
- Phone
- (502) 227-9653
- Website
- WWW.KAEDONLINE.ORG
- Return prepared by
- CHARLES T MITCHELL CO PLLC
Mission
DEVELOPMENT AND EDUCATIONAL OPPORTUNITIES TO PROMOTE INDUSTRIAL AND ECONOMIC DEVELOPMENT IN KENTUCKY.
Program accomplishments
- ASSISTING COMMUNITIES IN IDENTIFYING SITES FOR ECONOMIC DEVELOPMENTExpenses $277,305
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 | Not 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
- 61-1161213
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31Z)
- Assets (IRS master file)
- $405,139
- Income (IRS master file)
- $269,003
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $269,003 | $282,337 | $405,139 | IRS |
| 990 | December 2023 | $1,151,489 | $971,384 | $389,574 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
| 990-N for 2014 Officer: HAL GOODE | December 31, 2014 | ≤ $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 61-1161213).
Questions about KENTUCKY INDUSTRIAL DEVELOPMENT COUNCIL INC
- What is the EIN of KENTUCKY INDUSTRIAL DEVELOPMENT COUNCIL INC?
- The employer identification number (EIN) of KENTUCKY INDUSTRIAL DEVELOPMENT COUNCIL INC is 61-1161213.
- Is KENTUCKY INDUSTRIAL DEVELOPMENT COUNCIL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to KENTUCKY INDUSTRIAL DEVELOPMENT COUNCIL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KENTUCKY INDUSTRIAL DEVELOPMENT COUNCIL 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 KENTUCKY INDUSTRIAL DEVELOPMENT COUNCIL INC 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 INDUSTRIAL DEVELOPMENT COUNCIL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of KENTUCKY INDUSTRIAL DEVELOPMENT COUNCIL INC?
- The 990-N for 2014 names HAL GOODE.
- Who are the officers and directors of KENTUCKY INDUSTRIAL DEVELOPMENT COUNCIL INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does KENTUCKY INDUSTRIAL DEVELOPMENT COUNCIL INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $269,003, expenses of $282,337 and total assets of $405,139 at year end.
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