Hickman-Fulton County Riverport Authority Inc
- Assets
- $3.8m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 11
- Location
- Hickman, KY
- Founding
- 05/1979
- Data as of
- 06/2022
- EIN
- 61-0933529
Organization Overview
Hickman-Fulton County Riverport Authority Inc is located in Hickman, KY. The organization was established in 1979. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, Hickman-Fulton County Riverport Authority Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hickman-Fulton County Riverport Authority Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Hickman-Fulton County Riverport Authority Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE ECONOMIC DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ACCESS TO WATER TRANSPORTATION FOR AGRICULTURE AND INDUSTRY. INDIRECTLY PROVIDE OPPORTUNITIES FOR INDUSTRY TO LOCATE NEARBY, WHICH PROVIDES EMPLOYMENT OPPORTUNITIES FOR AREA RESIDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monroe Bellew Board Member | Trustee | $0 | |
Butch Busby Board Member | Trustee | $0 | |
Heath Carlton Board Member | Trustee | $0 | |
Lucas Goodman Secretary | Trustee | $0 | |
Lynn Major Chairman | Trustee | $0 | |
Shaun Parks Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $136,265 |
| 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 | $136,265 |
| Total Program Service Revenue | $1,362,178 |
| Investment income | $834 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $26,754 |
| Net Gain/Loss on Asset Sales | $9,132 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,535,163 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $343,710 |
| Pension plan accruals and contributions | $12,186 |
| Other employee benefits | $31,871 |
| Payroll taxes | $27,108 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,835 |
| 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 | $5,202 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,702 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $276,989 |
| Insurance | $0 |
| All other expenses | $105,644 |
| Total functional expenses | $1,230,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $706,622 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $334,250 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,153 |
| Net Land, buildings, and equipment | $2,471,346 |
| Investments—publicly traded securities | $395 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $229,687 |
| Total assets | $3,756,453 |
| Accounts payable and accrued expenses | $124,802 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,411,748 |
| Total liabilities | $1,536,550 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $2,219,903 |
| Total liabilities and net assets/fund balances | $3,756,453 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Barton County Elec Coop Inc Lamar, MO | $53,305,232 | $19,554,475 |
Reston Association Reston, VA | $43,721,869 | $19,863,227 |
Center Forward Mc Lean, VA | $3,661,131 | $18,823,440 |
American Legislative Exchange Council Arlington, VA | $8,013,515 | $9,832,106 |
Cristo Rey Kansas City Kansas City, MO | $7,796,405 | $4,970,520 |
Center For Technology And Civic Life Chicago, IL | $81,351,444 | $64,574,797 |
City Of Pikeville Exposition Center Corporation Pikeville, KY | $1,321,608 | $4,939,974 |
Heartland Institute Arlington Heights, IL | $1,778,407 | $4,106,509 |
Brotherhood Of Maintenance Of Way Employees Mayfield, KY | $4,737,490 | $3,573,473 |
Wilson County Promotions Inc Lebanon, TN | $3,248,871 | $4,128,841 |
Better Government Association Inc Chicago, IL | $3,907,227 | $3,042,344 |
A Public Voice Inc Thornville, OH | $202,623 | $2,766,448 |