Leadingage Kentucky Foundation Inc is located in Louisville, KY. The organization was established in 1982. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadingage Kentucky Foundation 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 12/2022, Leadingage Kentucky Foundation Inc generated $90.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $78.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
SUPPORT FOR NOT-FOR-PROFIT COMMUNITY, CHURCH AND GOVERNMENT SPONSORED HOMES TO THE ELDERLY BY PROVIDING SUPPORT TO LEADINGAGE KENTUCKY,INC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nicole Smith Vice Chair | 1 | $0 | |
Mary Lynn Spalding Director | 1 | $0 | |
Glenda Creech Director | 1 | $0 | |
Jeff Lewis Chair | 1 | $0 | |
Timothy Veno President | 1 | $0 | |
Robert Long Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $89,980 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $89,980 |
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 | $950 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $77,166 |
Total expenses | $78,116 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $18,549 |
Other assets | $0 |
Total assets | $18,549 |
Total liabilities | $38,847 |
Net assets or fund balances | -$20,298 |
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