Nonprofit · EIN 83-3393196
SOMERSET PULASKI ECONOMIC DEVELOPMENT AUTHORITY INC
Also known as SPEDA
Tax-exempt · SOMERSET, KY 42501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,219,580 | $725,811 | $1,493,769 | $8,877,139 | $201,086 | $8,676,053 |
| June 30, 2024 | 990 | $2,189,130 | $1,048,003 | $1,141,127 | $7,357,476 | $175,192 | $7,182,284 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,194,318
- of which government grants
- $2,192,586
- Program service revenue
- $0
- Investment income
- $6,127
- Net gain from sales of assets
- $530
- Other revenue
- $19,135
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $262,400
- Salaries, compensation and benefits (total)
- $290,851
- Professional fundraising fees
- $0
- Occupancy
- $54,000
- Travel
- $4,218
- Depreciation
- $31,660
- Program services (functional)
- $378,773
- Management and general (functional)
- $244,930
- Fundraising (functional)
- $102,108
Balance sheet and other
- Total assets, start of year
- $7,357,476
- Total assets, end of year
- $8,877,139
- Total liabilities, end of year
- $201,086
- Net assets, end of year
- $8,676,053
- Land, buildings and equipment
- $7,843,717
- Net assets without donor restrictions
- $8,676,053
- Gross receipts
- $2,221,698
- Employees
- 3
- Year formed
- 2019
- 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 |
|---|---|---|---|
| CHRIS GIRDLER | PRESIDENT + Key employee | – | $168,000 |
| MICHELLE ALLEN | VICE CHAIR Trustee or director, Officer | – | $0 |
| SETH ATWELL | CHAIRMAN Trustee or director, Officer | – | $0 |
| SARAH BURNETT | MEMBER Trustee or director | – | $0 |
| TINA HAMM | TREASURER Trustee or director, Officer | – | $0 |
| ALAN KECK | MEMBER Trustee or director | – | $0 |
| STEVE MERRICK | MEMBER Trustee or director | – | $0 |
| BROOK PING | MEMBER Trustee or director | – | $0 |
| MARSHALL TODD | MEMBER Trustee or director | – | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS GIRDLER | PRESIDENT + Key employee | – | $159,936 |
| MICHELLE ALLEN | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| SETH ATWELL | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| TINA HAMM | MEMBER Trustee or director | 2 | $0 |
| ALAN KECK | MEMBER Trustee or director | 2 | $0 |
| STEVE MERRICK | MEMBER Trustee or director | 2 | $0 |
| BROOK PING | MEMBER Trustee or director | 2 | $0 |
| FORREST SPILLMAN | TREASURER Trustee or director, Officer | 2 | $0 |
| MARSHALL TODD | MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 306 E MOUNT VERNON ST STE 316, SOMERSET, KY 42501-1332
- In care of
- % JOHN B ADAMS
- Principal officer (990 for 2024)
- CHRIS GIRDLER, PO BOX 395, SOMERSET, KY 42502
- Signed the 990
- TINA HAMM, TREASURER
- Phone
- (606) 425-5409
- Website
- SOMERSETKYLEADS.COM
- Return prepared by
- EVANS HARVILLE ATWELL & CO CPAS PLLC
Mission
SPEDA'S MISSION WILL BE TO ENHANCE THE BUSINESS CLIMATE IN AND FOSTER COOPERATION AMONG VARIOUS GOVERNMENT ENTITIES AND PRIVATE SECTOR ORGANIZATIONS. IT WILL BE AN ESSENTIAL POINT OF CONTACT FOR BUSINESSES INTERESTED IN LOCATING OR EXPANDING TO THE COMMUNITY AS WELL AS ASSISTING EXISTING LOCAL COMPANIES IN EXPANSION AND THE REGION'S WORKFORCE DEVELOPMENT EFFORTS.
Program accomplishments
- OUTREACH TO ADDRESS RETAIL AND COMMERCIAL DEVELOPMENT, TOURISM MARKETING AND PROMOTION, WORKFORCE DEVELOPMENT, EDUCATION, OVERALL COMMUNITY PLANNING AND COLLABORATION ALONG WITH SIMPLY HELPING TO FILL VARIOUS VOIDS AND COORDINATE PROJECTS FOR OUR COMMUNITY AND REGION.
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
- 83-3393196
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2021
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $8,877,139
- Income (IRS master file)
- $2,221,698
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,219,580 | $725,811 | $8,877,139 | XML |
| 990 | June 2024 | $2,189,130 | $1,048,003 | $7,357,476 | XML |
| 990 | June 2023 | $469,946 | $1,283,119 | $7,359,151 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | 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 83-3393196).
Questions about SOMERSET PULASKI ECONOMIC DEVELOPMENT AUTHORITY INC
- What is the EIN of SOMERSET PULASKI ECONOMIC DEVELOPMENT AUTHORITY INC?
- The employer identification number (EIN) of SOMERSET PULASKI ECONOMIC DEVELOPMENT AUTHORITY INC is 83-3393196.
- Is SOMERSET PULASKI ECONOMIC DEVELOPMENT AUTHORITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2021.
- Are donations to SOMERSET PULASKI ECONOMIC DEVELOPMENT AUTHORITY INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SOMERSET PULASKI ECONOMIC 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 SOMERSET PULASKI ECONOMIC 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 SOMERSET PULASKI ECONOMIC 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 SOMERSET PULASKI ECONOMIC DEVELOPMENT AUTHORITY INC?
- The 990 for the year ended June 30, 2025 names CHRIS GIRDLER.
- Who are the officers and directors of SOMERSET PULASKI ECONOMIC DEVELOPMENT AUTHORITY INC?
- The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $168,000 (CHRIS GIRDLER, PRESIDENT +).
- How much revenue does SOMERSET PULASKI ECONOMIC DEVELOPMENT AUTHORITY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,219,580, expenses of $725,811 and total assets of $8,877,139 at year end.
Other nonprofits in SOMERSET
- THE CENTER FOR KENTUCKY RURAL ECONOMIC DEVELOPMENT INC EIN 61-1291304 · last filed 990 for 2025
- SOUTHEAST KENTUCKY ECONOMIC DEVELOPMENT CORPORATION INC EIN 61-1097619 · last filed 990 for 2025
- SOMERNITES CRUISE INC EIN 20-4277350 · last filed 990 for 2025
- BOWLING GREEN LOCAL MARKETING ASSOCIATION INC EIN 87-1291903 · last filed 990 for 2025
- SPEDA COMMUNITY FOUNDATION INC EIN 85-4070374 · last filed 990-EZ for 2025
- SOMERSET JUNIOR WOMANS CLUB EIN 75-3133791 · last filed 990-N for 2025
- KIWANIS CLUB OF SOMERSET KENTUCKY FOUNDATION INC EIN 81-0761171 · last filed 990-N for 2024
- SHS WOMEN OF 69 EIN 27-2240357 · last filed 990-N for 2025
All nonprofits in SOMERSET · Kentucky · Community improvement and capacity building