Nonprofit · EIN 61-1206371
MOREHEAD-ROWAN COUNTY ECOMOMIC DEVELOPMENT COUNCIL INC
Tax-exempt · MOREHEAD, KY 40351
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $205,323 | $301,565 | -$96,242 | $2,240,472 | $1,586 | $2,238,886 |
| June 30, 2024 | 990 | $197,886 | $194,153 | $3,733 | $2,335,607 | $1,545 | $2,334,062 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $203,162
- of which government grants
- $203,000
- Program service revenue
- $0
- Investment income
- $2,161
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $81,147
- Salaries, compensation and benefits (total)
- $96,404
- Professional fundraising fees
- $0
- Legal fees
- $563
- Accounting fees
- $9,500
- Occupancy
- $6,620
- Travel
- $43,880
- Program services (functional)
- $188,106
- Management and general (functional)
- $113,459
Balance sheet and other
- Total assets, start of year
- $2,335,607
- Total assets, end of year
- $2,240,472
- Total liabilities, end of year
- $1,586
- Net assets, end of year
- $2,238,886
- Net assets without donor restrictions
- $2,238,886
- Gross receipts
- $205,323
- Employees
- 2
- Year formed
- 1991
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HARRY CLARK | DIRECTOR Trustee or director | – | $0 |
| PAUL GOODPASTER | DIRECTOR Trustee or director | – | $0 |
| MIKE KNUDSON | DIRECTOR Trustee or director | – | $0 |
| DONALD LLOYD | DIRECTOR Trustee or director | – | $0 |
| JOSEPH MORGAN | DIRECTOR Trustee or director | – | $0 |
| SHANA SAVARD-HOGGE | DIRECTOR Trustee or director | – | $0 |
| JASON SLONE | DIRECTOR Trustee or director | – | $0 |
| SUSAN THOMAS | DIRECTOR Trustee or director | – | $0 |
| LAURA WHITE-BROWN | DIRECTOR Trustee or director | – | $0 |
| JENNIFER ANDERSON | SECRETARY Officer | – | $0 |
| JOY BROWN | PRESIDENT Officer | – | $0 |
| MICHAEL ROWE | VICE PRESIDE Officer | – | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOY BROWN | DIRECTOR Trustee or director | – | $0 |
| HARRY CLARK | DIRECTOR Trustee or director | – | $0 |
| PAUL GOODPASTER | DIRECTOR Trustee or director | – | $0 |
| JOSEPH MORGAN | DIRECTOR Trustee or director | – | $0 |
| JASON SLONE | DIRECTOR Trustee or director | – | $0 |
| DONALD LLOYD | VICE CHAIRMA Officer | – | $0 |
| RUSS WARD | CHAIRMAN Officer | – | $0 |
| LAURA WHITE-BROWN | SECRETARY Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 150 E 1ST ST, MOREHEAD, KY 40351-1702
- Principal officer (990 for 2024)
- JOY BROWN, 150 E 1ST ST, MOREHEAD, KY 40351
- Signed the 990
- JASON SLONE, DIRECTOR
- Return prepared by
- DONNA HENDRIX CPA PSC
Mission
PROMOTE ECONOMIC GROWTH AND DEVELOPMENT IN ROWAN COUNTY
Program accomplishments
- PROMOTE ECONOMIC GROWTH AND DEVELOPMENT IN ROWAN COUNTY
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 61-1206371
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1992
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,240,472
- Income (IRS master file)
- $205,323
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $205,323 | $301,565 | $2,240,472 | IRS |
| 990 | June 2024 | $197,886 | $194,153 | $2,335,607 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 61-1206371).
Questions about MOREHEAD-ROWAN COUNTY ECOMOMIC DEVELOPMENT COUNCIL INC
- What is the EIN of MOREHEAD-ROWAN COUNTY ECOMOMIC DEVELOPMENT COUNCIL INC?
- The employer identification number (EIN) of MOREHEAD-ROWAN COUNTY ECOMOMIC DEVELOPMENT COUNCIL INC is 61-1206371.
- Is MOREHEAD-ROWAN COUNTY ECOMOMIC DEVELOPMENT COUNCIL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1992.
- Are donations to MOREHEAD-ROWAN COUNTY ECOMOMIC DEVELOPMENT COUNCIL INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MOREHEAD-ROWAN COUNTY ECOMOMIC 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 MOREHEAD-ROWAN COUNTY ECOMOMIC DEVELOPMENT COUNCIL 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 MOREHEAD-ROWAN COUNTY ECOMOMIC DEVELOPMENT COUNCIL 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 MOREHEAD-ROWAN COUNTY ECOMOMIC DEVELOPMENT COUNCIL INC?
- The 990 for the year ended June 30, 2025 names JOY BROWN.
- Who are the officers and directors of MOREHEAD-ROWAN COUNTY ECOMOMIC DEVELOPMENT COUNCIL INC?
- The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does MOREHEAD-ROWAN COUNTY ECOMOMIC DEVELOPMENT COUNCIL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $205,323, expenses of $301,565 and total assets of $2,240,472 at year end.
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