Nonprofit · EIN 61-1332010
NELSON COUNTY ECONOMIC DEVELOPMENT AGENCY INC
Tax-exempt · BARDSTOWN, KY 40004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $273,445 | $217,784 | $55,661 | $242,488 | $11,621 | $230,867 |
| June 30, 2024 | 990 (amended) | $0 | $0 | $0 | $0 | $0 | $0 |
| June 30, 2023 | 990 | $531,276 | $569,603 | -$38,327 | $118,021 | $28,536 | $89,485 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $200,739
- of which government grants
- $200,739
- Program service revenue
- $53,875
- Investment income
- $53
- Net rental income
- $18,778
- Other revenue
- $18,778
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $102,829
- Other salaries and wages
- $19,461
- Salaries, compensation and benefits (total)
- $144,388
- Professional fundraising fees
- $0
- Occupancy
- $12,731
- Travel
- $5,902
- Program services (functional)
- $1,405
- Management and general (functional)
- $216,379
Balance sheet and other
- Total assets, start of year
- $187,291
- Total assets, end of year
- $242,488
- Total liabilities, end of year
- $11,621
- Net assets, end of year
- $230,867
- Net assets without donor restrictions
- $230,867
- Gross receipts
- $273,445
- Employees
- 1
- Volunteers
- 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 |
|---|---|---|---|
| KIMBERLY HUSTON | PRESIDENT Officer | 40 | $0 |
| DEAN WATTS | DIRECTOR Trustee or director | 1 | $0 |
| DICK HEATON | DIRECTOR Trustee or director | 1 | $0 |
| CHAD MCCOY | DIRECTOR Trustee or director | 1 | $0 |
| JOHN BALLARD | DIRECTOR Trustee or director | 1 | $0 |
| JOHN DOWNS | DIRECTOR Trustee or director | 1 | $0 |
| BILL MCCLOSKEY | DIRECTOR Trustee or director | 1 | $0 |
| JIMMY HIGDON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIMBERLY HUSTON | PRESIDENT Officer | 40 | $0 |
| DEAN WATTS | DIRECTOR Trustee or director | 1 | $0 |
| DICK HEATON | DIRECTOR Trustee or director | 1 | $0 |
| CHAD MCCOY | DIRECTOR Trustee or director | 1 | $0 |
| JOHN BALLARD | DIRECTOR Trustee or director | 1 | $0 |
| JOHN DOWNS | DIRECTOR Trustee or director | 1 | $0 |
| BILL MCCLOSKEY | DIRECTOR Trustee or director | 1 | $0 |
| JIMMY HIGDON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIMBERLY HUSTON | PRESIDENT Officer | 40 | $0 |
| DEAN WATTS | DIRECTOR Trustee or director | 1 | $0 |
| DICK HEATON | DIRECTOR Trustee or director | 1 | $0 |
| CHAD MCCOY | DIRECTOR Trustee or director | 1 | $0 |
| JOHN BALLARD | DIRECTOR Trustee or director | 1 | $0 |
| JOHN DOWNS | DIRECTOR Trustee or director | 1 | $0 |
| BILL MCCLOSKEY | DIRECTOR Trustee or director | 1 | $0 |
| JIMMY HIGDON | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- ONE COURT SQUARE, BARDSTOWN, KY 40004-1574
- Principal officer (990 for 2024)
- KIMBERLY M HUSTON, ONE COURT SQUARE, BARDSTOWN, KY 40004
- Signed the 990
- KIMBERLY M HUSTON, PRESIDENT
- Phone
- (502) 348-6402
- Website
- WWW.NCEDA.NET
- Return prepared by
- BROWN & CHEEK INC
Mission
TO PROMOTE ECONOMIC DEVELOPMENT AND ATTRACT AND RETAIN INDUSTRIES.
Program accomplishments
- EXPENSES OF THE ORGANIZATION ARE REPORTED ON PART IX PAGE 10. THE ORGANIZATION EXEPNSES ARE NECESSARY TO MAINTAIN CURRENT INDUSTRIAL BUSINESS AND CONTINUE TO ATTRACT INDUSTGRIES FOR THE ECONOMIC GROWTH AND EMPLOYMENT OF BARDSTOWN AND NELSON COUNTY.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
- 61-1332010
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1998
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $242,488
- Income (IRS master file)
- $273,445
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $273,445 | $217,784 | $242,488 | XML |
| 990 | June 2024 | $0 | $0 | $0 | XML |
| 990 | June 2023 | $531,276 | $569,603 | $118,021 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 61-1332010).
Questions about NELSON COUNTY ECONOMIC DEVELOPMENT AGENCY INC
- What is the EIN of NELSON COUNTY ECONOMIC DEVELOPMENT AGENCY INC?
- The employer identification number (EIN) of NELSON COUNTY ECONOMIC DEVELOPMENT AGENCY INC is 61-1332010.
- Is NELSON COUNTY ECONOMIC DEVELOPMENT AGENCY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1998.
- Are donations to NELSON COUNTY ECONOMIC DEVELOPMENT AGENCY INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NELSON COUNTY ECONOMIC DEVELOPMENT AGENCY INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of NELSON COUNTY ECONOMIC DEVELOPMENT AGENCY 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 NELSON COUNTY ECONOMIC DEVELOPMENT AGENCY 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 NELSON COUNTY ECONOMIC DEVELOPMENT AGENCY INC?
- The 990 for the year ended June 30, 2025 names KIMBERLY M HUSTON.
- Who are the officers and directors of NELSON COUNTY ECONOMIC DEVELOPMENT AGENCY INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does NELSON COUNTY ECONOMIC DEVELOPMENT AGENCY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $273,445, expenses of $217,784 and total assets of $242,488 at year end.
Other nonprofits in BARDSTOWN
- SALT RIVER ELECTRIC COOPERATIVE CORPORATION EIN 61-0329022 · last filed 990 for 2025
- KENTUCKY BOURBON FESTIVAL INC EIN 61-1315359 · last filed 990 for 2024
- BARDSTOWN-NELSON COUNTY VOLUNTEER FIRE DEPARTMENT INC EIN 61-1151886 · last filed 990 for 2025
- STEPHEN FOSTER DRAMA ASSN INC EIN 61-6014682 · last filed 990 for 2025
- ETERNAL LIFE INC EIN 61-1164067 · last filed 990 for 2024
- BETHLEHEM HIGH SCHOOL FOUNDATIONINC EIN 20-5720210 · last filed 990-PF for 2025
- BARDSTOWN LODGE 2408 LOYAL ORDER OF MOOSE EIN 61-1247023 · last filed 990 for 2025
- BARDSTOWN CHRISTIAN FELLOWSHIP EIN 73-1704568 · last filed 990 for 2024