Civic Intelligence

Kentucky Highlands Community Development Corporation

990 • Fiscal year 2024 • EIN 61-1253192

Apr 01, 2023 to Mar 31, 2024 • Filed on Feb 10, 2025

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

92nd percentile

0.88x

Higher debt load relative to assets than 92% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

2.79x

Higher debt load relative to revenue than 95% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

24th percentile

-7.8%

Higher net margin than 24% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

98th percentile

$557,519

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 42.9% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

9th percentile

-17%

Faster asset growth than 9% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-12%

Faster revenue growth than 20% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$4,125,816

Down $867,080 (-17%) from 2023

Net Assets

Down

$497,831

Down $1,160,920 (-70%) from 2023

Liabilities

Up

$3,627,985

Up $293,840 (+8.8%) from 2023

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin24th percentile

Revenue

Down

$1,300,790

Down $184,265 (-12%) from 2023

Expenses

Down

$1,401,856

Down $110,115 (-7.3%) from 2023

Net Income

Down

-$101,066

Down $74,150 (-275%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth9th 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 2024: $4,125,816Liabilities 2024: $3,627,985Net Assets 2024: $497,8312024Assets 2025: $14,115,426Liabilities 2025: $3,426,323Net Assets 2025: $10,689,1032025

Highlighted filing

2024

Assets$4,125,816
Liabilities$3,627,985
Net Assets$497,831
Open 2024 Filing

Operations Trend

Revenue Growth20th 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 2024: $1,300,790Expenses 2024: $1,401,856Net Income 2024: -$101,0662024Revenue 2025: $11,452,069Expenses 2025: $1,284,153Net Income 2025: $10,167,9162025

Highlighted filing

2024

Revenue$1,300,790
Expenses$1,401,856
Net Income-$101,066
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2023 to Mar 31, 2024
Signed
Feb 10, 2025
Return Version
2023v6.0
Gross Receipts
$1,300,790
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$4,198,560$3,086,140▼ $1,112,420
Cash and Non-Interest-Bearing Accounts$232,422$609,639▲ $377,217
Rtn Earn Endowment Incm Other Fnds$1,658,751$497,831▼ $1,160,920
Land, Buildings, and Equipment, Net$294,307$268,555▼ $25,752
Accounts Receivable$194,713$97,957▼ $96,756
Prepaid Expenses and Deferred Charges$72,894$63,525▼ $9,369
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$4,992,896$4,125,816▼ $867,080
Liabilities
Other Liabilities$3,334,145$3,627,985▲ $293,840
Total Liabilities$3,334,145$3,627,985▲ $293,840
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,658,751$497,831▼ $1,160,920
Total Liabilities and Net Assets / Fund Balance$4,992,896$4,125,816▼ $867,080

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$181,555$393,990$575,545
Land$87,000-$87,000
Equipment$0$19,620$19,620
Investment Program Related Org$3,129,469--
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Ruby AdamsSecretaryPT$100,527$100,527
William SingletonDirector-$12,700$12,700
Greene L KeithDirector-$4,450$4,450
Richard FoleyDirector-$4,450$4,450
Serena StrattonDirector-$4,450$4,450
Bill BertramDirector-$4,000$4,000
Jane CarterDirector-$4,000$4,000
Samuel BrownDirector-$4,000$4,000
Clarence Bo GreenDirector-$3,750$3,750
William SmithDirector-$3,650$3,650
Lonnie RileyDirector-$3,550$3,550
Amy EllisDirector-$3,400$3,400
Oscar HouseDirector-$2,950$2,950
Paula LittleDirector-$2,600$2,600
Jennifer JonesDirector-$1,950$1,950

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$1,193,144
Program Service Revenue
$107,646
Investment Income
$0
Other Revenue
$0
All Other Contributions
$62,067
Change in Net Assets
$-101,066
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$873,884
Other Expenses$527,972
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$873,884--$873,884
Fees for Services Management$333,715$88,709-$422,424
Fees for Services Other$34,168$9,081-$43,249
Travel$24,123$6,413-$30,536
Depreciation Depletion$14,078--$14,078
Fees for Services Accounting$5,723$1,521-$7,244
Occupancy$2,081$553-$2,634
Insurance$353$94-$447
Office Expenses$340$91-$431
Other Expenses$36$9-$45
Total Functional Expenses$1,293,939$107,917$0$1,401,856
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Kentucky Highlands Investment CorporationLondon, KY501(c)(4) SupportedTransfer to Supported Organization$873,884
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$3,647,985
Due to Khrec$-20,000
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
2025-02-10
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 9:

“Adoption of asc 326 -23,262.”

Form 990, Part XI, Line 2C

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

Raw XML AppendixShowing 400 of 703 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/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt04000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt24000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt34450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt43750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt51950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt64450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt73550
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt812700
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt93650
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt104450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt112600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt123400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt132950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14482715
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15458267
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt16269540
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1763299
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt18167164
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/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXEC. VICE PRESIDENT/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE PRESIDENT, BUSINESS L
IRS990/Form990PartVIISectionAGrp/TitleTxt17SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt18BUSINESS DEVELOPMENT SPECI
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt01131077
IRS990/GrantAmt0873884
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0873884
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0873884
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01300790
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt094
IRS990/InsuranceGrp/ProgramServicesAmt0353
IRS990/InsuranceGrp/TotalAmt0447
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt04198560
IRS990/InvestmentsProgramRelatedGrp/EOYAmt03086140
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0413610
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0294307
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0268555
IRS990/LandBldgEquipCostOrOtherBssAmt0682165
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 MAY NOT BE READILY AVAILABLE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01658751
IRS990/NetAssetsOrFundBalancesEOYAmt0497831
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1036592
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0553
IRS990/OccupancyGrp/ProgramServicesAmt02081
IRS990/OccupancyGrp/TotalAmt02634
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt091
IRS990/OfficeExpensesGrp/ProgramServicesAmt0340
IRS990/OfficeExpensesGrp/TotalAmt0431
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-23262
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1FILING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01446
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19
IRS990/OtherExpensesGrp/ProgramServicesAmt05438
IRS990/OtherExpensesGrp/ProgramServicesAmt136
IRS990/OtherExpensesGrp/TotalAmt06884
IRS990/OtherExpensesGrp/TotalAmt145
IRS990/OtherLiabilitiesGrp/BOYAmt03334145
IRS990/OtherLiabilitiesGrp/EOYAmt03627985
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt072894
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt063525
IRS990/PrincipalOfficerNm0JERRY RICKETT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0523000
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME FROM P
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0107646
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0107646
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01384777
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0863879
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0648092
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0100278
IRS990/PYRevenuesLessExpensesAmt0-26916
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01511971
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01485055
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-101066
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0107646
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01658751
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0497831
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/SupportAmt01293939
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0KENTUCKY HIGHLANDS INVESTMENT CORPORATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01293939
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/BookValueAmt0181555
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0393990
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0575545
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019620
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019620
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0-23329
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1-20000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt23129469
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ALLOWANCE FOR CREDIT LOSSES

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,125,816
Liabilities
$3,627,985
Net assets
$497,831
Revenue
$1,300,790
Expenses
$1,401,856
Net income
-$101,066
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
2024Detailed filing. Detailed filing data is available for this year.$4.13$3.63$0.50$1.30$1.40$0.10
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