Nonprofit · EIN 92-2434934
MAYFIELD KENTUCKY INDUSTRIAL DEVELOPMENT AUTHORITY
Tax-exempt · MAYFIELD, KY 42066
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,018,030 | $201,821 | $1,816,209 | $3,679,215 | $3,332 | $3,675,883 |
| June 30, 2024 | 990 | $2,005,513 | $145,589 | $1,859,924 | $1,862,818 | $3,144 | $1,859,674 |
| June 30, 2023 | 990 | $350 | $600 | -$250 | $350 | $600 | -$250 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,017,599
- Program service revenue
- $0
- Investment income
- $431
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $150,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,100
- Program services (functional)
- $185,843
- Management and general (functional)
- $15,978
Balance sheet and other
- Total assets, start of year
- $1,862,818
- Total assets, end of year
- $3,679,215
- Total liabilities, end of year
- $3,332
- Net assets, end of year
- $3,675,883
- Land, buildings and equipment
- $3,116,396
- Net assets without donor restrictions
- $3,675,883
- Gross receipts
- $2,018,030
- Employees
- 0
- Year formed
- 2023
- 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 KENDRICK | BOARD MEMBER Trustee or director | – | $0 |
| JOHNNIE LEE | BOARD MEMBER Trustee or director | – | $0 |
| KANE MCCORD | BOARD MEMBER Trustee or director | – | $0 |
| CATHERINE PRICE | BOARD MEMBER Trustee or director | – | $0 |
| LARRY JOE SEAY | BOARD MEMBER Trustee or director | – | $0 |
| EMMY WEST | BOARD MEMBER Trustee or director | – | $0 |
| GREGORY COOK | CHAIRMAN Officer | – | $0 |
| JODIE HANSEN | VICE-CHAIRMA Officer | – | $0 |
| JASON LEMLE | SECRETARY/TR Officer | – | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS KENDRICK | BOARD MEMBER Trustee or director | – | $0 |
| JOHNNIE LEE | BOARD MEMBER Trustee or director | – | $0 |
| CATHERINE PRICE | BOARD MEMBER Trustee or director | – | $0 |
| LARRY JOE SEAY | BOARD MEMBER Trustee or director | – | $0 |
| EMMY WEST | BOARD MEMBER Trustee or director | – | $0 |
| GREGORY COOK | CHAIRMAN Officer | – | $0 |
| JODIE HANSEN | VICE-CHAIRMA Officer | – | $0 |
| JASON LEMLE | SECRETARY/TR Officer | – | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS KENDRICK | BOARD MEMBER Trustee or director | – | $0 |
| JOHNNIE LEE | BOARD MEMBER Trustee or director | – | $0 |
| CATHERINE PRICE | BOARD MEMBER Trustee or director | – | $0 |
| LARRY JOE SEAY | BOARD MEMBER Trustee or director | – | $0 |
| EMMY WEST | BOARD MEMBER Trustee or director | – | $0 |
| GREGORY COOK | CHAIRMAN Officer | – | $0 |
| JODIE HANSEN | VICE-CHAIRMA Officer | – | $0 |
| JASON LEMLE | SECRETARY/TR Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 201 E COLLEGE ST, MAYFIELD, KY 42066-2728
- In care of
- % JASON LEMLE
- Principal officer (990 for 2024)
- JASON LEMLE
- Signed the 990
- JASON LEMLE, SECRETARY/TREASURER
- Phone
- (270) 247-0626
- Return prepared by
- FOX & COMPANY CPAS INC
Mission
THE AUTHORITY'S PRIMARY PURPOSE IS TO ENHANCE ECONOMIC DEVELOPMENT WITHIN THE CITY AND SURROUNDING AREA, INCLUDING THE REVITALIZATION OF THE AREA DESTROYED BY THE TORNADO.
Program accomplishments
- AIDING IN THE ACQUISITION, RETENTION, AND DEVELOPMENT OF LAND FOR INDUSTRIAL AND COMMERCIAL PURPOSES IN KENTUCKY, INCLUDING BY OTHER LOCAL DEVELOPMENT ORGANIZAITONS BOTH PUBLIC AND PRIVIATE.Expenses $165,626 · grants $150,000
- AID IN THE RECONSTRUCTION OF THE CITY AND SURROUNDING COMMUNITY, ASSIST IN THE SECURING OF GRANTS, INCENTIVES FOR BUSINESSES AND MANUFACTURES LOCATING IN THE CITY, INCLUDING PRIOR BUSINESSES AND MANUFACTURERS, WHOSE OPERATIONS WERE DESTROYED BY THE TORNADO, IN GENERAL TO AID IN ASSISTING THE CITY TO REBUILD.Expenses $20,217
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
- 92-2434934
- 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
- 2024
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $3,679,215
- Income (IRS master file)
- $2,018,030
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,018,030 | $201,821 | $3,679,215 | IRS |
| 990 | June 2024 | $2,005,513 | $145,589 | $1,862,818 | IRS |
| 990 | June 2023 | $350 | $600 | $350 | 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 92-2434934).
Questions about MAYFIELD KENTUCKY INDUSTRIAL DEVELOPMENT AUTHORITY
- What is the EIN of MAYFIELD KENTUCKY INDUSTRIAL DEVELOPMENT AUTHORITY?
- The employer identification number (EIN) of MAYFIELD KENTUCKY INDUSTRIAL DEVELOPMENT AUTHORITY is 92-2434934.
- Is MAYFIELD KENTUCKY INDUSTRIAL DEVELOPMENT AUTHORITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to MAYFIELD KENTUCKY INDUSTRIAL DEVELOPMENT AUTHORITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAYFIELD KENTUCKY INDUSTRIAL DEVELOPMENT AUTHORITY 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 MAYFIELD KENTUCKY INDUSTRIAL DEVELOPMENT AUTHORITY 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 MAYFIELD KENTUCKY INDUSTRIAL DEVELOPMENT AUTHORITY 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 MAYFIELD KENTUCKY INDUSTRIAL DEVELOPMENT AUTHORITY?
- The 990 for the year ended June 30, 2025 names JASON LEMLE.
- Who are the officers and directors of MAYFIELD KENTUCKY INDUSTRIAL DEVELOPMENT AUTHORITY?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does MAYFIELD KENTUCKY INDUSTRIAL DEVELOPMENT AUTHORITY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,018,030, expenses of $201,821 and total assets of $3,679,215 at year end.
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All nonprofits in MAYFIELD · Kentucky · Community improvement and capacity building