Northern Kentucky Area Developement District
- Assets
- $14.9m
- Revenue
- $36.2m
- Investments
- $0.0
- Employees
- 1,097
- Location
- Florence, KY
- Founding
- 02/1999
- Data as of
- 06/2024
- EIN
- 61-0719369
Organization Overview
Northern Kentucky Area Developement District is located in Florence, KY. The organization was established in 1999. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2024, Northern Kentucky Area Developement District employed 1,097 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Kentucky Area Developement District 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 06/2024, Northern Kentucky Area Developement District generated $36.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $34.8m during the year ending 06/2024. While expenses have increased by 7.6% per year over the past 9 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.
Since 2016, Northern Kentucky Area Developement District has awarded 466 individual grants totaling $63,652,306. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO ASSIST THE NORTHERN KENTUCKY COMMUNITY IN EFFECTIVELY ENTERING THE 21ST CENTURY THROUGH THE PROVISION OF HIGH QUALITY AND TECHNICALLY ADVANCED STAFF SERVICES TO LOCAL GOVERNMENTS, AGENCIES, AND CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AREA AGENCY ON AGING AND INDEPENDENT LIVING - THE AGENCY WAS CREATED TO RESPOND TO THE NEEDS OF OLDER ADULTS. IT WORKS AS ADVOCATES, PLANNERS, COORDINATORS, AND DEVELOPERS TO ENSURE THE NEEDED SERVICES TO CITIZENS OF THE COMMUNITY WHO ARE 60 YEARS OR OLDER. THE AGENCY WILL CONTRACT WITH SERVICE PROVIDERS IN THE AREA TO DELIVER SERVICES TO SENIORS. THE AGENCY ASSESSES THE SERVICES PROVIDED AND MONITORS THE PROVIDERS FOR COMPLIANCE TO PREDETERMINED SERVICE LEVELS. FUNDING PROVIDED BY KENTUCKY CABINET FOR HEALTH AND FAMILY SERVICES.
OTHER PROGRAMS: SUPPORTIVE HOUSING - PROGRAM FOR THE PROVISION OF HOUSING AND SUPPORTIVE SERVICES TO THE HOMELESS THROUGH P.L.A.N.K.S. AND RURAL CASE MANAGEMENT. FUNDING IS PROVIDED BY H.U.D. THROUGH THE KENTUCKY HOUSING CORPORATION. OTHER FEDERAL, STATE, & LOCAL PROGRAMS - MOST OF THESE PROGRAMS DEAL WITH VARIOUS OTHER SERVICES FROM COMMUNITY DEVELOPMENT TO PUBLIC ADMINISTRATION. THEY ARE FUNDED BY SEVERAL FEDERAL, STATE, AND LOCAL DEPARTMENTS.
WORKFORCE INVESTMENT ACT - THE PROGRAM ASSISTS INDIVIDUALS AND EMPLOYERS BY PROVIDING OCCUPATIONAL AND EMPLOYMENT SKILLS AND TRAINING AND PROMOTING SELF SUFFICIENT EMPLOYMENT. FUNDING PROVIDED BY KENTUCKY CABINET FOR WORKFORCE DEVELOPMENT.
COMMODITIES - COMMODITIES DISTRIBUTION IS A DIVISION OF HUMAN SERVICES THAT SEEKS TO ENHANCE THE QUALITY OF LIFE FOR ALL NORTHERN KENTUCKY RESIDENTS BY PLANNING AND PROVIDING DEVELOPMENT, ADVOCACY,AND PROGRAMS TO ASSIST NORTHERN KENTUCKY RESIDENTS IN LEADING MEANINGFUL AND DIGNIFIED LIVES. COMMODITIES DISTRIBUTES FOOD TO NORTHERN KENTUCKY RESIDENTS WHO NEED IT THE MOST. FUNDING PROVIDED BY THE UNITED STATES DEPARTMENT OF AGRICULTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Cooper Former Exec | Officer | 40 | $118,195 |
Tara Johnson-Noem Executive Di | Officer | 40 | $83,896 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $35,877,375 |
| Investment income | $138,165 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,434 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,222,495 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $27,087,046 |
| Grants and other assistance to domestic individuals. | $6,432 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $127,485 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,675,552 |
| Pension plan accruals and contributions | $871,127 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $126,551 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $495,220 |
| Insurance | $0 |
| All other expenses | $59,116 |
| Total functional expenses | $34,849,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150 |
| Savings and temporary cash investments | $5,887,068 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,857,095 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $460,627 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $144,608 |
| Net Land, buildings, and equipment | $2,063,928 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,526,322 |
| Total assets | $14,939,798 |
| Accounts payable and accrued expenses | $2,339,997 |
| Grants payable | $0 |
| Deferred revenue | $3,953,722 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,218,025 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,717,379 |
| Total liabilities | $19,229,123 |
| Net assets without donor restrictions | -$5,440,241 |
| Net assets with donor restrictions | $1,150,916 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $14,939,798 |
Grants Awarded
Over the last fiscal year, Northern Kentucky Area Developement District has awarded $4,538,386 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
BAWAC INC PURPOSE: HUMAN SVCS | $71,190 |
BOONE COUNTY ANIMAL SHELTER PURPOSE: PUBLIC DEV | $9,425 |
BRIGHTON CENTER PURPOSE: WORKFORCE | $1,000,686 |
BURLINGTON STORES INC PURPOSE: HUMAN SVCS | $56,585 |
CAMPBELL COUNTY FISCAL COURT PURPOSE: HUMAN SVCS | $95,597 |
CARROLL COUNTY ANIMAL CLINIC PURPOSE: PUBLIC DEV. | $11,450 |