Ashland Alliance Foundation Inc
- Assets
- $45.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ashland, KY
- Founding
- 02/2003
- Data as of
- 12/2021
- EIN
- 61-1370476
Organization Overview
Ashland Alliance Foundation Inc is located in Ashland, KY. The organization was established in 2003. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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. Ashland Alliance 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 12/2021, Ashland Alliance Foundation Inc generated $42.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $41.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Leake Director | 0 | $0 | |
Deloris Bentley Director | 0 | $0 | |
John M Spears CPA Treasurer | 0 | $0 | |
Tim Gibbs Director | 0 | $0 | |
Andrew Jones Director | 0 | $0 | |
Richard Reames Chairman | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,349 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $42,349 |
| 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 | $2,448 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,005 |
| Total expenses | $41,453 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,217 |
| Other assets | $0 |
| Total assets | $45,217 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,217 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ashland Alliance Foundation Inc has recieved totaling $4,000.
| Awarding Organization | Amount |
|---|---|
Nisource Charitable Foundation Columbus, OH PURPOSE: CORPORATE DONATION | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Convention & Visitors Bureau Of Greater Kansas City Kansas City, MO | $12,878,337 | $11,432,355 |
Alexandria Economic Development Partnership Inc Alexandria, VA | $1,919,174 | $9,268,061 |
Lawrence Economic Development Corporation South Point, OH | $62,339,240 | $9,945,474 |
Brighton Park Neighborhood Council Chicago, IL | $4,048,275 | $8,262,492 |
Explore Branson Tourism Branson, MO | $1,396,845 | $7,616,014 |
Applied Research Institute Bloomington, IN | $3,329,526 | $9,074,163 |
Mhub Chicago, IL | $5,077,327 | $6,781,086 |
The Center For Kentucky Rural Economic Development Inc Somerset, KY | $52,726,644 | $7,680,890 |
Elevate Ventures Inc Indianapolis, IN | $13,635,821 | $6,541,390 |
Team Neo Foundation Cleveland, OH | $2,982,756 | $6,381,649 |
Greater Cincinnati Convention & Visitors Bureau Inc Cincinnati, OH | $12,063,911 | $8,787,781 |
Kentucky Highlands Investment Corporation London, KY | $130,461,604 | $9,285,837 |