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Nonprofit · EIN 61-6032977

LOGAN ECONOMIC ALLIANCE FOR DEVELOPMENT INC

Tax-exempt · RUSSELLVILLE, KY 42276

Financials

$199K$155K2022$251K$210K2024
Revenue Expenses · by fiscal year end
Financials of LOGAN ECONOMIC ALLIANCE FOR DEVELOPMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$250,924$209,691$41,233$479,750$4,708$475,042
September 30, 2023990$199,390$155,185$44,205$442,394$3,119$439,275
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$77,650
Program service revenue
$129,000
Investment income
$15,532
Other revenue
$28,742

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$126,946
Salaries, compensation and benefits (total)
$136,741
Professional fundraising fees
$0
Occupancy
$6,658
Program services (functional)
$4,501
Management and general (functional)
$205,190

Balance sheet and other

Total assets, start of year
$438,515
Total assets, end of year
$479,750
Total liabilities, end of year
$4,708
Net assets, end of year
$475,042
Gross receipts
$250,924
Employees
2

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
FRANK BELLAT LARGE 202
Trustee or director
–$0
DONNA BLAKEDIRECTOR
Trustee or director
–$0
THOMAS BOULDINDIRECTOR
Trustee or director
–$0
ALAN GATESDIRECTOR
Trustee or director
–$0
GREG HALEDIRECTOR
Trustee or director
–$0
MIKE HUGHESDIRECTOR
Trustee or director
–$0
KATHY STEWARTDIRECTOR
Trustee or director
–$0
LARRY WILCUTTDIRECTOR
Trustee or director
–$0
MATT ZOELLNERAT LARGE 202
Trustee or director
–$0
PHIL BAKER1ST VICE PRE
Officer
–$0
ETHAN HOLLOWAYTREASURER
Officer
–$0
MARK STRATTON2ND VICE PRE
Officer
–$0
DALE VOWELLSECRETARY
Officer
–$0
JIMMY KENT WILSONCHAIRMAN
Officer
–$0
990 for the year ended September 30, 2023: 15 people
NameTitleHours / weekCompensation
DONNA BLAKEDIRECTOR
Trustee or director
–$0
THOMAS BOULDINDIRECTOR
Trustee or director
–$0
ALAN GATESDIRECTOR
Trustee or director
–$0
GREG HALEDIRECTOR
Trustee or director
–$0
ETHAN HOLLOWAYDIRECTOR
Trustee or director
–$0
MIKE HUGHESDIRECTOR
Trustee or director
–$0
JOE ROSSATTORNEY
Trustee or director
–$0
KATHY STEWARTDIRECTOR
Trustee or director
–$0
DALE VOWELLTREASURER
Trustee or director
–$0
LARRY WILCUTTDIRECTOR
Trustee or director
–$0
LOGAN CHICK2ND VICE PRE
Officer
–$0
KYLE HINESDIRECTOR
Officer
–$0
CHRIS MILAM1ST VICE PRE
Officer
–$0
MARK STRATTONSECRETARY
Officer
–$0
JIMMY KENT WILSONPRESIDENT
Officer
–$0

Address and contacts

Address (IRS master file)
116 S MAIN ST, RUSSELLVILLE, KY 42276-1902
Principal officer (990 for 2024)
BROOKE WALDRUP, 116 S MAIN ST, RUSSELLVILLE, KY 42276
Signed the 990
BROOKE WALDRUP, PRESIDENT/CEO
Phone
(270) 726-9575
Return prepared by
DGA PSC

Mission

IMPROVE THE QUALITY OF LIFE THROUGH THE DEVELOPMENT AND RETENTION OF JOB OPPORTUNITIES IN LOGAN COUNTY BY ENCOURAGING THE DEVELOPMENT OF QUALITY INFRASTRUCTURE, A SUPERIOR WORK FORCE AND A PROGRESSIVE GOVERNMENT.

990 for the year ended September 30, 2025

Program accomplishments

  • TO RETAIN AND EXPAND EXISTING INDUSTRIES IN THE LOGAN COUNTY AREA IN ADDITION TO RECRUITING NEW INDUSTRIES FOR THE REGION.
  • TO RETAIN AND EXPAND EXISTING INDUSTRIES IN THE LOGAN COUNTY AREA IN ADDITION TO RECRUITING NEW INDUSTRIES FOR THE REGION.
    Expenses $4,501

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025Check at the IRS

IRS record

EIN
61-6032977
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1956
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$479,750
Income (IRS master file)
$250,924

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$250,924$209,691$479,750IRS
990September 2023$199,390$155,185$442,394XML
990September 2022$209,365$154,014$396,559IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 61-6032977).

Questions about LOGAN ECONOMIC ALLIANCE FOR DEVELOPMENT INC

What is the EIN of LOGAN ECONOMIC ALLIANCE FOR DEVELOPMENT INC?
The employer identification number (EIN) of LOGAN ECONOMIC ALLIANCE FOR DEVELOPMENT INC is 61-6032977.
Is LOGAN ECONOMIC ALLIANCE FOR DEVELOPMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1956.
Are donations to LOGAN ECONOMIC ALLIANCE FOR DEVELOPMENT INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LOGAN ECONOMIC ALLIANCE FOR DEVELOPMENT 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 LOGAN ECONOMIC ALLIANCE FOR DEVELOPMENT INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LOGAN ECONOMIC ALLIANCE FOR DEVELOPMENT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of LOGAN ECONOMIC ALLIANCE FOR DEVELOPMENT INC?
The 990 for the year ended September 30, 2025 names BROOKE WALDRUP.
Who are the officers and directors of LOGAN ECONOMIC ALLIANCE FOR DEVELOPMENT INC?
The 990 for the year ended September 30, 2025 lists 14 people; 0 received compensation from the organization.
How much revenue does LOGAN ECONOMIC ALLIANCE FOR DEVELOPMENT INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $250,924, expenses of $209,691 and total assets of $479,750 at year end.

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