Leadingage Kentucky Foundation Inc
- Assets
- $14.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 02/1982
- Data as of
- 12/2023
- EIN
- 61-0997261
Organization Overview
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 12/2023, Leadingage Kentucky Foundation Inc generated $80.0k 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 (3.8%) each year. All expenses for the organization totaled $83.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 5 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
2023
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Lewis Chair | 1 | $0 | |
Nicole Smith Vice Chair | 1 | $0 | |
Glenda Creech Director | 1 | $0 | |
Mary Lynn Spalding Director | 1 | $0 | |
Kathey Long Director | 1 | $0 | |
Timothy Veno President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $79,975 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,975 |
| 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 | $1,050 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $82,812 |
| Total expenses | $83,862 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,302 |
| Other assets | $0 |
| Total assets | $14,302 |
| Total liabilities | $38,487 |
| Net assets or fund balances | -$24,185 |