Kentucky Propane Gas Association Inc
- Assets
- $226.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Frankfort, KY
- Founding
- 10/1985
- Data as of
- 09/2023
- EIN
- 31-1142293
Organization Overview
Kentucky Propane Gas Association Inc is located in Frankfort, KY. The organization was established in 1985. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Propane Gas Association Inc 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 09/2023, Kentucky Propane Gas Association Inc generated $116.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $112.0k during the year ending 09/2023. While expenses have increased by 14.6% per year over the past 4 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDES OPPORTUNITIES FOR DIALOGUE, EDUCATION, ADVANCEMENT, AND IMPROVEMENT OF ALL ASPECTS OF THE PROPANE GAS INDUSTRY THROUGH MEETINGS, SEMINARS, COMMUNICATIONS, PUBLICATIONS, EDUCATION OF THE PUBLIC AND THE MEMBERS OF THE ASSOCIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Hardy President | 0.5 | $0 | |
Kevin Fields 1st Vice-Pre | 0.5 | $0 | |
Daniel Towns 2nd Vice-Pre | 0.5 | $0 | |
Shane Fortner Director | 0.5 | $0 | |
John Camp Director | 0.5 | $0 | |
Josh Vanover Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $40,617 |
| Membership dues | $66,070 |
| Investment income | $5,231 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,984 |
| Total Revenue | $116,902 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,217 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $103,757 |
| Total expenses | $111,974 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $226,841 |
| Other assets | $0 |
| Total assets | $226,841 |
| Total liabilities | $0 |
| Net assets or fund balances | $226,841 |