Kentucky Hemp Association Inc is located in Louisville, KY. The organization was established in 2019. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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 Hemp 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 12/2021, Kentucky Hemp Association Inc generated $58.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 54.1% each year . All expenses for the organization totaled $69.9k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
HEMPCONFERENCE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tate Hall Vice President | 3 | $0 | |
Katie Moyer President | 3 | $0 | |
Richard Vance Treasurer | 3 | $0 | |
Jason Marshall Secretary | 1 | $0 | |
John Smith Director | 1 | $0 | |
Jsoeph W Hickey Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $58,816 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $58,816 |
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 | $35,607 |
Occupancy, rent, utilities, and maintenance | $2,200 |
Printing, publications, postage, and shipping | $188 |
Other expenses | $31,903 |
Total expenses | $69,898 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $27,204 |
Other assets | $0 |
Total assets | $27,204 |
Total liabilities | $0 |
Net assets or fund balances | $27,204 |
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