Kentucky Association Of Highway Contractors

Organization Overview

Kentucky Association Of Highway Contractors is located in Frankfort, KY. The organization was established in 1945. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Kentucky Association Of Highway Contractors employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Association Of Highway Contractors is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Kentucky Association Of Highway Contractors generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $962.0k during the year ending 12/2021. While expenses have increased by 1.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDES SERVICES TO MEMBERS IN THE HIGHWAY CONSTRUCTION INDUSTRY

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEETINGS AND CONFERENCES DESIGNED TO TRAIN MEMBERS DIFFERENT ASPECTS OF THE HIGHWAY CONSTRUCTION INDUSTRY CONTRIBUTIONS FOR THE WELFARE OF OTHERS


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Board, Officers & Key Employees

Name (title)Compensation
Chad Larue
Executive Director
$184,275
Lori Harper
Chairman
$0
Jeff Monohan
Treasurer
$0
Chris Proffitt
Vice Chairman
$0
Joe Burchett II
Director
$0
David Haydon
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $87,290
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$87,290
Total Program Service Revenue$1,016,796
Investment income $84,265
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $113,405
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,402,744

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