Nonprofit · EIN 61-1393236
PURCHASE AREA REGIONAL INDUSTRIAL PARK AUTHORITY INC
Tax-exempt · MAYFIELD, KY 42066
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $718,788 | $70,921 | $647,867 | $14,742,761 | $7,245 | $14,735,516 |
| June 30, 2024 | 990 | $547,145 | $35,460 | $511,685 | $14,097,649 | $10,000 | $14,087,649 |
| June 30, 2023 | 990 | $534,496 | $20,440 | $514,056 | $13,575,964 | $0 | $13,575,964 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $155,337
- Net rental income
- $563,451
- Other revenue
- $563,451
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
- Legal fees
- $230
- Accounting fees
- $7,245
- Depreciation
- $6,417
- Program services (functional)
- $70,921
Balance sheet and other
- Total assets, start of year
- $14,097,649
- Total assets, end of year
- $14,742,761
- Total liabilities, end of year
- $7,245
- Net assets, end of year
- $14,735,516
- Land, buildings and equipment
- $11,281,969
- Net assets without donor restrictions
- $14,735,516
- Gross receipts
- $718,788
- Employees
- 0
- Year formed
- 2001
- 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 |
|---|---|---|---|
| MARK MANNING | Chairman Trustee or director, Officer | 2 | $0 |
| KEVIN SPRAGGS | Director Trustee or director | 2 | $0 |
| JEROD WEBB | Director Trustee or director | 2 | $0 |
| JOHN SUMMERS | Director Trustee or director | 2 | $0 |
| JIM MARTIN | Director Trustee or director | 2 | $0 |
| BRENT SHULTZ | Director Trustee or director | 2 | $0 |
| KENNY WILSON | Director Trustee or director | 2 | $0 |
| BRUCE WILCOX | Director Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK MANNING | Chairman Trustee or director, Officer | 2 | $0 |
| KEVIN SPRAGGS | Director Trustee or director | 2 | $0 |
| JEROD WEBB | Director Trustee or director | 2 | $0 |
| JOHN SUMMERS | Director Trustee or director | 2 | $0 |
| JIM MARTIN | Director Trustee or director | 2 | $0 |
| BRENT SHULTZ | Director Trustee or director | 2 | $0 |
| KENNY WILSON | Director Trustee or director | 2 | $0 |
| BRUCE WILCOX | Director Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK MANNING | Chairman Trustee or director, Officer | 2 | $0 |
| MARTIE WILES | Director Trustee or director | 2 | $0 |
| JEROD WEBB | Director Trustee or director | 2 | $0 |
| JOHN SUMMERS | Director Trustee or director | 2 | $0 |
| JIM MARTIN | Director Trustee or director | 2 | $0 |
| BRENT SHULTZ | Director Trustee or director | 2 | $0 |
| KENNY WILSON | Director Trustee or director | 2 | $0 |
| BRUCE WILCOX | Director Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 588, MAYFIELD, KY 42066-0032
- Signed the 990
- MARK MANNING, Chairman
- Phone
- (270) 247-7171
- Return prepared by
- Southern Oak CPA Group PLLC
Mission
TO ORGANIZE, PROMOTE, AND DEVELOP INDUSTRIAL GROWTH IN THE PURCHASE AREA OF WESTERN KENTUCKY
Program accomplishments
- TO DEVELOP A REGIONAL INDUSTRIAL PARK IN THE PURCHASE AREA OF WESTERN KENTUCKYExpenses $70,921
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
- 61-1393236
- 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
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S32)
- Assets (IRS master file)
- $14,742,761
- Income (IRS master file)
- $718,788
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $718,788 | $70,921 | $14,742,761 | IRS |
| 990 | June 2024 | $547,145 | $35,460 | $14,097,649 | IRS |
| 990 | June 2023 | $534,496 | $20,440 | $13,575,964 | XML |
| 990 | June 2022 | $252,241 | $30,921 | $13,063,133 | 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 61-1393236).
Questions about PURCHASE AREA REGIONAL INDUSTRIAL PARK AUTHORITY INC
- What is the EIN of PURCHASE AREA REGIONAL INDUSTRIAL PARK AUTHORITY INC?
- The employer identification number (EIN) of PURCHASE AREA REGIONAL INDUSTRIAL PARK AUTHORITY INC is 61-1393236.
- Is PURCHASE AREA REGIONAL INDUSTRIAL PARK AUTHORITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to PURCHASE AREA REGIONAL INDUSTRIAL PARK AUTHORITY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PURCHASE AREA REGIONAL INDUSTRIAL PARK 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 PURCHASE AREA REGIONAL INDUSTRIAL PARK 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 PURCHASE AREA REGIONAL INDUSTRIAL PARK 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 are the officers and directors of PURCHASE AREA REGIONAL INDUSTRIAL PARK AUTHORITY INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does PURCHASE AREA REGIONAL INDUSTRIAL PARK AUTHORITY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $718,788, expenses of $70,921 and total assets of $14,742,761 at year end.
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All nonprofits in MAYFIELD · Kentucky · Community improvement and capacity building