Civic Intelligence

Kentucky Highlands Community Development Corporation

990 • Fiscal year 2023 • EIN 61-1253192

Apr 01, 2022 to Mar 31, 2023 • Filed on Feb 10, 2024

Organization ProfileN/A
PO Box 1738London, KY 40743-1738

(606) 864-5175

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.67x

Higher debt load relative to assets than 88% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

93rd percentile

2.25x

Higher debt load relative to revenue than 93% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

35th percentile

-1.8%

Higher net margin than 35% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

98th percentile

$542,766

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 36.5% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

57th percentile

7.4%

Faster asset growth than 57% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

69th percentile

23%

Faster revenue growth than 69% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets88th percentile

Assets

Flat

$4,992,896

Flat from 2023

Net Assets

Flat

$1,658,751

Flat from 2023

Liabilities

Flat

$3,334,145

Flat from 2023

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin35th percentile

Revenue

Flat

$1,485,055

Flat from 2023

Expenses

Flat

$1,511,971

Flat from 2023

Net Income

Flat

-$26,916

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $1,864,496Liabilities 2011: $1,036,874Net Assets 2011: $827,6222011Assets 2012: $2,190,902Liabilities 2012: $1,076,259Net Assets 2012: $1,114,6432012Assets 2013: $2,275,759Liabilities 2013: $1,160,999Net Assets 2013: $1,114,7602013Assets 2014: $2,234,396Liabilities 2014: $1,125,943Net Assets 2014: $1,108,4532014Assets 2015: $2,163,718Liabilities 2015: $1,242,093Net Assets 2015: $921,6252015Assets 2016: $1,826,842Liabilities 2016: $1,154,877Net Assets 2016: $671,9652016Assets 2017: $1,904,565Liabilities 2017: $1,595,528Net Assets 2017: $309,0372017Assets 2018: $2,956,757Liabilities 2018: $2,125,668Net Assets 2018: $831,0892018Assets 2019: $3,745,725Liabilities 2019: $2,694,798Net Assets 2019: $1,050,9272019Assets 2020: $5,250,804Liabilities 2020: $3,528,009Net Assets 2020: $1,722,7952020Assets 2021: $4,454,485Liabilities 2021: $2,714,607Net Assets 2021: $1,739,8782021Assets 2022: $4,648,028Liabilities 2022: $2,962,361Net Assets 2022: $1,685,6672022Assets 2023: $4,992,896Liabilities 2023: $3,334,145Net Assets 2023: $1,658,7512023Assets 2023: $4,992,896Liabilities 2023: $3,334,145Net Assets 2023: $1,658,7512023Assets 2025: $14,115,426Liabilities 2025: $3,426,323Net Assets 2025: $10,689,1032025

Highlighted filing

2023

Assets$4,992,896
Liabilities$3,334,145
Net Assets$1,658,751
Open 2023 Filing

Operations Trend

Revenue Growth69th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $346,7702011Expenses 2012: $624,2932012Expenses 2013: $679,8832013Revenue 2014: $490,747Expenses 2014: $497,054Net Income 2014: -$6,3072014Revenue 2015: $282,776Expenses 2015: $469,604Net Income 2015: -$186,8282015Revenue 2016: $423,291Expenses 2016: $672,951Net Income 2016: -$249,6602016Revenue 2017: $249,314Expenses 2017: $612,242Net Income 2017: -$362,9282017Revenue 2018: $1,207,327Expenses 2018: $685,275Net Income 2018: $522,0522018Revenue 2019: $977,728Expenses 2019: $757,890Net Income 2019: $219,8382019Revenue 2020: $1,282,494Expenses 2020: $610,626Net Income 2020: $671,8682020Revenue 2021: $1,416,525Expenses 2021: $1,399,442Net Income 2021: $17,0832021Revenue 2022: $1,209,567Expenses 2022: $1,263,778Net Income 2022: -$54,2112022Revenue 2023: $1,485,055Expenses 2023: $1,511,971Net Income 2023: -$26,9162023Revenue 2023: $1,485,055Expenses 2023: $1,511,971Net Income 2023: -$26,9162023Revenue 2025: $11,452,069Expenses 2025: $1,284,153Net Income 2025: $10,167,9162025

Highlighted filing

2023

Revenue$1,485,055
Expenses$1,511,971
Net Income-$26,916
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2022 to Mar 31, 2023
Signed
Feb 10, 2024
Return Version
2022v5.0
Gross Receipts
$1,485,055
Mission and Program Overview

Mission

Khcdc provides financing to companies in its service area, where traditional financing sources may not be readily available.

Khcdc was formed to promote the tax-exempt mission of kentucky highlands investment corporation, a section 501(c)(4) organization. Their mission is job creation and retention in a twenty-two county economically disadvantaged area of southeastern kentucky. This mission is accomplished through non-traditional investment in companies which will provide these jobs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$3,982,225$4,198,560▲ $216,335
Rtn Earn Endowment Incm Other Fnds$1,685,667$1,658,751▼ $26,916
Land, Buildings, and Equipment, Net$320,057$294,307▼ $25,750
Cash and Non-Interest-Bearing Accounts$95,477$232,422▲ $136,945
Accounts Receivable$168,482$194,713▲ $26,231
Prepaid Expenses and Deferred Charges$81,787$72,894▼ $8,893
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$4,648,028$4,992,896▲ $344,868
Liabilities
Other Liabilities$2,962,111$3,334,145▲ $372,034
Accounts Payable and Accrued Expenses$250$0▼ $250
Total Liabilities$2,962,361$3,334,145▲ $371,784
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,685,667$1,658,751▼ $26,916
Total Liabilities and Net Assets / Fund Balance$4,648,028$4,992,896▲ $344,868

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$197,307$379,912$577,219
Land$97,000-$97,000
Equipment$0$19,620$19,620
Investment Program Related Org$1,036,525--
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Ruby AdamsSecretaryPT$95,460$95,460
William SingletonDirector-$12,000$12,000
Bill BertramDirector-$3,850$3,850
Greene L KeithDirector-$3,850$3,850
Jane CarterDirector-$3,850$3,850
Lonnie RileyDirector-$3,850$3,850
Mary PurkeyDirector-$3,850$3,850
Serena StrattonDirector-$3,850$3,850
Richard FoleyDirector-$3,500$3,500
Samuel BrownDirector-$3,500$3,500
William SmithDirector-$3,500$3,500
Clarence Bo GreenDirector-$3,150$3,150
Jennifer JonesDirector-$3,150$3,150
Paula LittleDirector-$3,150$3,150

Board Members and Trustees

NameTitle
Jerry RickettPresident
Brenda McdanielExec. Vice President/CFO
Mark BolingerVice President, Business L
Edgar DavisBusiness Development Speci
Michael HayesSpecial Projects Coordinat
Revenue and Support

Revenue Composition

Contributions and Grants
$1,384,777
Program Service Revenue
$100,278
Investment Income
$0
Other Revenue
$0
All Other Contributions
$120,634
Change in Net Assets
$-26,916
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$863,879
Other Expenses$648,092
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$863,879--$863,879
Fees for Services Management$404,939$107,642-$512,581
Fees for Services Other$73,583$19,560-$93,143
Travel$11,542$3,068-$14,610
Depreciation Depletion$14,078--$14,078
Fees for Services Accounting$5,497$1,461-$6,958
Information Technology$3,871$1,029-$4,900
Occupancy$1,912$508-$2,420
Insurance$318$85-$403
Office Expenses$220$58-$278
Advertising$218$58-$276
Other Expenses$-1,264$-336-$-1,600
Total Functional Expenses$1,378,829$133,142$0$1,511,971
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Kentucky Highlands Investment CorporationLondon, KY501(c)(4) SupportedTransfer to Supported Organization$863,879
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany Payable$3,334,145
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed by the audit committee of the board of directors prior to filing. Any comments/questions are addressed and the return is filed after resolution.”

Form 990, Part VI, Section B, Line 12C

“Khcdc regularly and consistently monitors and enforces compliance with the policies in place. Conflicts are disclosed at board of directors meetings and recorded in the minutes, to be followed up as needed by the board chairman and/or the president.”

Form 990, Part VI, Section B, Line 15A

“A compensation committee consisting of board members is appointed by the board chairman. The committee reviews and sets policy regarding compensation. In addition, the organization participates in an annual compdata survey and the salaries of all employees reviewed for comparability using information provided by compdata and other sources. Additionally, the compensation committee reviews the performance of the president and ceo in relation to the strategic plan and goals of the organization which is approved annually by the board of directors. The comparable salaries relate to venture fund managers, cfo's, etc. On september 13, 1989, the irs issued a favorable determination of the total compensation arrangement (including incentive compensation). In addition, in 2021 the organization hired a third party compensation consultant to determine the reasonableness of the compensation of the officers, executives and key employees. The consultants determined the organization's salaries and benefits were reasonable and consistent with irs guidance outlined in irc 4958.”

Form 990, Part VI, Section C, Line 19

“Khcdc provides its governing documents, conflict of interest policy and financial statements to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Kentucky Highlands Community
EIN
61-1253192
Phone
6068645175
Address
PO BOX 1738, LONDON, KY 40743-1738

Signing Officer

Name
Brenda Mcdaniel
Title
Executive Vice President
Phone
6068645175
Signed
2024-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerry Rickett
Formed
1994
Legal Domicile
Ky
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
Blue & Co LLC
Address
250 WEST MAIN STREET SUITE 2900, LEXINGTON, KY 40507
Preparer
John Copeland
Phone
8592531100
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2C

“There was no change in the process from prior years.”

Raw XML AppendixShowing 400 of 723 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt03850
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt13500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt23850
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt33500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt43150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt53150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt63850
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt73850
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt83850
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt912000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt103500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt113850
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt123150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt13473773
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14433269
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15250523
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1661014
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17192852
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt18159580
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXEC. VICE PRESIDENT/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE PRESIDENT, BUSINESS L
IRS990/Form990PartVIISectionAGrp/TitleTxt16SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt17SPECIAL PROJECTS COORDINAT
IRS990/Form990PartVIISectionAGrp/TitleTxt18BUSINESS DEVELOPMENT SPECI
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt01264143
IRS990/GrantAmt0863879
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0863879
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0863879
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01485055
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01029
IRS990/InformationTechnologyGrp/ProgramServicesAmt03871
IRS990/InformationTechnologyGrp/TotalAmt04900
IRS990/InsuranceGrp/ManagementAndGeneralAmt085
IRS990/InsuranceGrp/ProgramServicesAmt0318
IRS990/InsuranceGrp/TotalAmt0403
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt03982225
IRS990/InvestmentsProgramRelatedGrp/EOYAmt04198560
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0399532
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0320057
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0294307
IRS990/LandBldgEquipCostOrOtherBssAmt0693839
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0KHCDC PROVIDES FINANCING TO COMPANIES IN ITS SERVICE AREA, WHERE TRADITIONAL FINANCING SOURCES ARE NOT AVAILABLE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01685667
IRS990/NetAssetsOrFundBalancesEOYAmt01658751
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0508
IRS990/OccupancyGrp/ProgramServicesAmt01912
IRS990/OccupancyGrp/TotalAmt02420
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt058
IRS990/OfficeExpensesGrp/ProgramServicesAmt0220
IRS990/OfficeExpensesGrp/TotalAmt0278
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FILING FEES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1-336
IRS990/OtherExpensesGrp/ProgramServicesAmt036
IRS990/OtherExpensesGrp/ProgramServicesAmt1-1264
IRS990/OtherExpensesGrp/TotalAmt045
IRS990/OtherExpensesGrp/TotalAmt1-1600
IRS990/OtherLiabilitiesGrp/BOYAmt02962111
IRS990/OtherLiabilitiesGrp/EOYAmt03334145
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt081787
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt072894
IRS990/PrincipalOfficerNm0JERRY RICKETT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0523000
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME FROM P
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0100278
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0100278
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01198429
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0842927
IRS990/PYInvestmentIncomeAmt0-98481
IRS990/PYOtherExpensesAmt0420851
IRS990/PYOtherRevenueAmt018295
IRS990/PYProgramServiceRevenueAmt091324
IRS990/PYRevenuesLessExpensesAmt0-54211
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01263778
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01209567
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-26916
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0100278
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01685667
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01658751
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THIS ORGANIZATION'S GOVERNING BODY AND MANAGEMENT ARE THE SAME AS ITS SUPPORTED ORGANIZATION, KENTUCKY HIGHLANDS INVESTMENT CORPORATION. DUE TO THEIR LEVEL OF INVOLVEMENT IN BOTH ORGANIZATIONS, THEY ARE CONSTANTLY MONITORING THE SUPPORTED ORGANIZATION'S SOURCES OF SUPPORT TO COMPLY WITH PUBLIC SUPPORT TEST UNDER SECTION 509(A)(2).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THIS ORGANIZATION'S GOVERNING BODY AND MANAGEMENT ARE THE SAME AS ITS SUPPORTED ORGANIZATION, KENTUCKY HIGHLANDS INVESTMENT CORPORATION. DUE TO THEIR LEVEL OF INVOLVEMENT IN BOTH ORGANIZATIONS, THEY ARE CONSTANTLY MONITORING THE SUPPORT PROVIDED TO THE SUPPORTED ORGANIZATION IS USED EXCLUSIVELY FOR SECTION 170(C)(2)(B) PURPOSES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 3B:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 3C:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0610673339
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01378829
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0KENTUCKY HIGHLANDS INVESTMENT CORPORATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01378829
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0197307
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0379912
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0577219
IRS990ScheduleD/EquipmentGrp/BookValueAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,992,896
Liabilities
$3,334,145
Net assets
$1,658,751
Revenue
$1,485,055
Expenses
$1,511,971
Net income
-$26,916
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.1$3.43$10.7$11.5$1.28$10.2
2023Detailed filing. Detailed filing data is available for this year.$4.99$3.33$1.66$1.49$1.51$0.03
2023Summary only. Only limited summary data is available for this year.$4.99$3.33$1.66$1.49$1.51$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.65$2.96$1.69$1.21$1.26$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.45$2.71$1.74$1.42$1.40$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.25$3.53$1.72$1.28$0.61$0.67
2019Summary only. Only limited summary data is available for this year.$3.75$2.69$1.05$0.98$0.76$0.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.96$2.13$0.83$1.21$0.69$0.52
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$1.60$0.31$0.25$0.61$0.36
2016Detailed filing. Detailed filing data is available for this year.$1.83$1.15$0.67$0.42$0.67$0.25
2015Detailed filing. Detailed filing data is available for this year.$2.16$1.24$0.92$0.28$0.47$0.19
2014Detailed filing. Detailed filing data is available for this year.$2.23$1.13$1.11$0.49$0.50$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$1.16$1.11$0.68
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$1.08$1.11$0.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$1.04$0.83$0.35