Perry County Economic Development Board Inc
- Assets
- $105.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hazard, KY
- Founding
- 11/2015
- Data as of
- 06/2020
- EIN
- 47-3338245
Organization Overview
Perry County Economic Development Board Inc is located in Hazard, KY. The organization was established in 2015. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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. Perry County Economic Development Board 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 06/2020, Perry County Economic Development Board Inc generated $6.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (43.4%) each year. All expenses for the organization totaled $40.6k during the year ending 06/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
DONOR CAMPAIGN FOR PROGRAM SERVICE EXPENSES INCLUDING SALARY, TRAVEL, WEBSITE AND OTHER PROMOTIONAL EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Grossman President | 1 | $0 | |
Janet Smith Treasurer | 1 | $0 | |
Betsy Clemons Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $6,000 |
| Statement of Expenses | |
|---|---|
| Total expenses | $40,641 |
| Balance Sheet | |
|---|---|
| Total assets | $105,130 |
| Total liabilities | $0 |
| Net assets or fund balances | $105,130 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Perry County Economic Development Board Inc has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Appalachian Regional Healthcare Inc Lexington, KY PURPOSE: SUPPORT ONGOING OPERATIONS | $20,000 |
Appalachian Regional Healthcare Inc Lexington, KY PURPOSE: SUPPORT ONGOING OPERATIONS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Convention & Visitors Bureau Of Greater Kansas City Kansas City, MO | $12,878,337 | $11,432,355 |
Alexandria Economic Development Partnership Inc Alexandria, VA | $1,919,174 | $9,268,061 |
Lawrence Economic Development Corporation South Point, OH | $62,339,240 | $9,945,474 |
Brighton Park Neighborhood Council Chicago, IL | $4,048,275 | $8,262,492 |
Explore Branson Tourism Branson, MO | $1,396,845 | $7,616,014 |
Applied Research Institute Bloomington, IN | $3,329,526 | $9,074,163 |
Mhub Chicago, IL | $5,077,327 | $6,781,086 |
The Center For Kentucky Rural Economic Development Inc Somerset, KY | $52,726,644 | $7,680,890 |
Elevate Ventures Inc Indianapolis, IN | $13,635,821 | $6,541,390 |
Team Neo Foundation Cleveland, OH | $2,982,756 | $6,381,649 |
Greater Cincinnati Convention & Visitors Bureau Inc Cincinnati, OH | $12,063,911 | $8,787,781 |
Kentucky Highlands Investment Corporation London, KY | $130,461,604 | $9,285,837 |