Nonprofit · EIN 61-1322607
MMRC REGIONAL INDUSTRIAL DEVELOPMENT AUTHORITY INC
Tax-exempt · MOREHEAD, KY 40351
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $110,988 | $302,273 | -$191,285 | $2,907,959 | $0 | $2,907,959 |
| June 30, 2024 | 990 | $119,449 | $417,741 | -$298,292 | $3,100,308 | $0 | $3,100,308 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $109,942
- Program service revenue
- $0
- Investment income
- $1,046
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $390
- Accounting fees
- $6,380
- Occupancy
- $7,441
- Depreciation
- $10,882
- Program services (functional)
- $283,692
- Management and general (functional)
- $18,581
Balance sheet and other
- Total assets, start of year
- $3,100,308
- Total assets, end of year
- $2,907,959
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,907,959
- Land, buildings and equipment
- $230,723
- Net assets without donor restrictions
- $2,907,959
- Gross receipts
- $110,988
- Employees
- 0
- Year formed
- 1998
- 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 |
|---|---|---|---|
| TRENT HAMILTON | DIRECTOR Trustee or director | – | $0 |
| TIM HOLBROOK | DIRECTOR Trustee or director | – | $0 |
| RICKY PENNINGTON | DIRECTOR Trustee or director | – | $0 |
| JASON SLOAN | DIRECTOR Trustee or director, Officer | – | $0 |
| MIKE HELTON | PRESIDENT Officer | – | $0 |
| DEBBIE LITTLE | VICE PRESIDE Officer | – | $0 |
| RUSS WARD | SECRETARY Officer | – | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TRENT HAMILTON | DIRECTOR Trustee or director | – | $0 |
| JACK HOWARD | DIRECTOR Trustee or director | – | $0 |
| JASON SLOAN | DIRECTOR Trustee or director, Officer | – | $0 |
| SID STEWART | DIRECTOR Trustee or director | – | $0 |
| MIKE HELTON | PRESIDENT Officer | – | $0 |
| DEBBIE LITTLE | VICE PRESIDE Officer | – | $0 |
| RUSS WARD | SECRETARY Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 150 E 1ST ST, MOREHEAD, KY 40351-1702
- In care of
- % RODNEY HITCH
- Principal officer (990 for 2024)
- MIKE HELTON, PO BOX 38, FRENCHBURG, KY 40322
- Signed the 990
- JASON SLOAN, DIRECTOR
- Return prepared by
- DONNA HENDRIX CPA PSC
Mission
ACT AS AN INDEPENDENT AGENCY AND INSTRUMENTALITY AND CONSTITUTED AUTHORITY OF COUNTIES OF MENIFEE, MORGAN, ROWAN AND CRATER IN THE ACQUISITION FINANCING AND DEVELOPMENT OF THE REGIONAL INDUSTRIAL PARK
Program accomplishments
- ACT AS AN INDEPENDENT AGENCY AND INSTRUMENTALITY AND CONSTITUTED AUTHORITYExpenses $283,692
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
- 61-1322607
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2000
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $2,907,959
- Income (IRS master file)
- $110,988
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $110,988 | $302,273 | $2,907,959 | XML |
| 990 | June 2024 | $119,449 | $417,741 | $3,100,308 | 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 61-1322607).
Questions about MMRC REGIONAL INDUSTRIAL DEVELOPMENT AUTHORITY INC
- What is the EIN of MMRC REGIONAL INDUSTRIAL DEVELOPMENT AUTHORITY INC?
- The employer identification number (EIN) of MMRC REGIONAL INDUSTRIAL DEVELOPMENT AUTHORITY INC is 61-1322607.
- Is MMRC REGIONAL INDUSTRIAL DEVELOPMENT AUTHORITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2000.
- Are donations to MMRC REGIONAL INDUSTRIAL DEVELOPMENT AUTHORITY INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MMRC REGIONAL INDUSTRIAL DEVELOPMENT AUTHORITY 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 MMRC REGIONAL INDUSTRIAL DEVELOPMENT AUTHORITY 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 MMRC REGIONAL INDUSTRIAL DEVELOPMENT AUTHORITY 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 MMRC REGIONAL INDUSTRIAL DEVELOPMENT AUTHORITY INC?
- The 990 for the year ended June 30, 2025 names MIKE HELTON.
- Who are the officers and directors of MMRC REGIONAL INDUSTRIAL DEVELOPMENT AUTHORITY INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does MMRC REGIONAL INDUSTRIAL DEVELOPMENT AUTHORITY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $110,988, expenses of $302,273 and total assets of $2,907,959 at year end.
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All nonprofits in MOREHEAD · Kentucky · Community improvement and capacity building