Bluegrass Regional Industries Inc
- Assets
- $5.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 16
- Location
- Lexington, KY
- Founding
- 03/2009
- Data as of
- 06/2022
- EIN
- 26-2709818
Organization Overview
Bluegrass Regional Industries Inc is located in Lexington, KY. The organization was established in 2009. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, Bluegrass Regional Industries Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bluegrass Regional Industries Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Bluegrass Regional Industries Inc generated $8.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.0%) each year. All expenses for the organization totaled $8.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (17.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EMPLOYS INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES WHO WORK IN A SHELTERED WORKSHOP FOR DIMINISHED WAGES, ACCORDING TO TIME STUDIES APPROVED BY THE DEPARTMENT OF LABOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sunday Obi Board Director | 0.8 | $0 | |
Phil Berger Board Director | 0.8 | $0 | |
Scott Gould Board Director | 0.8 | $0 | |
Susan Starling Treasurer | 0.8 | $0 | |
Steve Fisher Board Director | 0.8 | $0 | |
Ben Chandler Board Director | 0.8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $8,064 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,064 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,523 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,541 |
| Total expenses | $8,064 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,000 |
| Other assets | $0 |
| Total assets | $5,000 |
| Total liabilities | $5,000 |
| Net assets or fund balances | $0 |
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