Civic Intelligence

The Center for Kentucky Rural Economic Development Inc.

990 • Fiscal year 2019 • EIN 61-1291304

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 07, 2020

Organization ProfileWWW.CENTERTECH.COM

View Organization Page

2292 S Highway 27 Ste 300Somerset, KY 42501

(606) 677-6000

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.13x

Higher debt load relative to assets than 42% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

61st percentile

0.36x

Higher debt load relative to revenue than 61% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

22nd percentile

-5.4%

Higher net margin than 22% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

53rd percentile

$185,598

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

21st percentile

-3.0%

Faster asset growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

55th percentile

5.6%

Faster revenue growth than 55% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Down

$18,560,214

Down $566,253 (-3.0%) from 2018

Net Assets

Down

$16,093,590

Down $368,234 (-2.2%) from 2018

Liabilities

Down

$2,466,624

Down $198,019 (-7.4%) from 2018

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin22nd percentile

Revenue

Up

$6,866,554

Up $361,883 (+5.6%) from 2018

Expenses

Up

$7,234,788

Up $303,550 (+4.4%) from 2018

Net Income

Up

-$368,234

Up $58,333 (+14%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$80M$60M$40M$20M$0Assets 2010: $22,894,491Liabilities 2010: $1,499,423Net Assets 2010: $21,395,0682010Assets 2011: $22,188,405Liabilities 2011: $1,321,126Net Assets 2011: $20,867,2792011Assets 2012: $21,715,265Liabilities 2012: $1,272,479Net Assets 2012: $20,442,7862012Assets 2013: $20,888,080Liabilities 2013: $1,151,950Net Assets 2013: $19,736,1302013Assets 2014: $19,703,432Liabilities 2014: $957,113Net Assets 2014: $18,746,3192014Assets 2015: $19,396,121Liabilities 2015: $1,487,456Net Assets 2015: $17,908,6652015Assets 2016: $18,484,873Liabilities 2016: $1,185,526Net Assets 2016: $17,299,3472016Assets 2017: $18,935,915Liabilities 2017: $2,047,524Net Assets 2017: $16,888,3912017Assets 2018: $19,126,467Liabilities 2018: $2,664,643Net Assets 2018: $16,461,8242018Assets 2019: $18,560,214Liabilities 2019: $2,466,624Net Assets 2019: $16,093,5902019Assets 2020: $48,106,212Liabilities 2020: $2,434,935Net Assets 2020: $45,671,2772020Assets 2021: $52,060,877Liabilities 2021: $1,819,511Net Assets 2021: $50,241,3662021Assets 2022: $52,726,644Liabilities 2022: $1,706,028Net Assets 2022: $51,020,6162022Assets 2023: $53,128,428Liabilities 2023: $2,853,209Net Assets 2023: $50,275,2192023Assets 2025: $60,865,607Liabilities 2025: $10,948,868Net Assets 2025: $49,916,7392025

Highlighted filing

2019

Assets$18,560,214
Liabilities$2,466,624
Net Assets$16,093,590
Open 2019 Filing

Operations Trend

Revenue Growth55th percentile

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

$40M$30M$20M$10M$0-$10MRevenue 2010: $6,408,943Expenses 2010: $6,748,564Net Income 2010: -$339,6212010Expenses 2011: $7,125,2362011Expenses 2012: $7,050,3962012Revenue 2013: $5,651,161Expenses 2013: $6,357,822Net Income 2013: -$706,6612013Revenue 2014: $4,646,228Expenses 2014: $5,636,039Net Income 2014: -$989,8112014Revenue 2015: $5,587,593Expenses 2015: $6,425,249Net Income 2015: -$837,6562015Revenue 2016: $8,150,328Expenses 2016: $8,759,646Net Income 2016: -$609,3182016Revenue 2017: $7,140,896Expenses 2017: $7,629,799Net Income 2017: -$488,9032017Revenue 2018: $6,504,671Expenses 2018: $6,931,238Net Income 2018: -$426,5672018Revenue 2019: $6,866,554Expenses 2019: $7,234,788Net Income 2019: -$368,2342019Revenue 2020: $37,022,328Expenses 2020: $7,444,641Net Income 2020: $29,577,6872020Revenue 2021: $10,723,705Expenses 2021: $6,153,616Net Income 2021: $4,570,0892021Revenue 2022: $7,680,890Expenses 2022: $6,901,640Net Income 2022: $779,2502022Revenue 2023: $8,257,213Expenses 2023: $9,002,610Net Income 2023: -$745,3972023Revenue 2025: $9,890,455Expenses 2025: $10,550,812Net Income 2025: -$660,3572025

Highlighted filing

2019

Revenue$6,866,554
Expenses$7,234,788
Net Income-$368,234
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 7, 2020
Return Version
2018v3.2
Gross Receipts
$6,866,554
Mission and Program Overview

Mission

To provide economic development to southeastern kentucky.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$17,308,758$17,156,577▼ $152,181
Investments Other Securities$664,111$664,111→ $0
Pledges and Grants Receivable$227,341$368,628▲ $141,287
Savings and Temporary Cash Investments$822,833$240,055▼ $582,778
Accounts Receivable$79,669$111,717▲ $32,048
Prepaid Expenses and Deferred Charges$23,755$19,126▼ $4,629
Total Assets$19,126,467$18,560,214▼ $566,253
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,788,309$1,669,727▼ $118,582
Other Liabilities$460,266$322,621▼ $137,645
Accounts Payable and Accrued Expenses$44,985$257,860▲ $212,875
Grants Payable$335,221$173,944▼ $161,277
Deferred Revenue$35,862$42,472▲ $6,610
Total Liabilities$2,664,643$2,466,624▼ $198,019
Net Assets / Fund Balance
Unrestricted Net Assets$16,461,824$16,093,590▼ $368,234
Total Net Assets Fund Balance$16,461,824$16,093,590▼ $368,234
Total Liabilities and Net Assets / Fund Balance$19,126,467$18,560,214▼ $566,253

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,033,808$3,665,174$16,698,982
Equipment$662,849$3,261,421$3,924,270
Land$3,459,920-$3,459,920
Compensation and Service Providers
Top Officer Pay53rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lonnie LawsonPres. CEOFT$150,250$35,348$185,598
Richard TaylorExecutive VPFT$107,500$21,715$129,215

Board Members and Trustees

NameTitle
Bruce AyersChairman
Jerry a RickettVice Chair
Bob MitchellBoard Member
Dr Jo MarshallBoard Member
Rick MaurerBoard Member
Steve MerrickBoard Member
Dr Jay MorganBaord Member
James R LaceyBoar Member
Clay Parker DavisSecretary
Jean M DortonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,194,724
Program Service Revenue
$1,387,263
Investment Income
$2,016
Other Revenue
$282,551
All Other Contributions
$251,695
Change in Net Assets
$-368,234

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,866,554
Total Revenue per Audited Statements
$6,866,554
Total Revenue per Form 990
$6,866,554
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,805,552
Salaries, Compensation, and Employee Benefits$2,429,236
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$859,748$936,694-$1,796,442
All Other Expenses$370,526$145,983-$516,509
Other Employee Benefits$205,497$177,011-$382,508
Depreciation Depletion$102,275$184,136-$286,411
Other Expenses$338,357$216,723-$216,723
Travel$132,377$2,569-$134,946
Pension Plan Contributions$56,540$70,915-$127,455
Payroll Taxes$58,436$64,395-$122,831
Insurance$7,103$53,750-$60,853
Interest-$58,801-$58,801
Office Expenses$43,028$12,295-$55,323
Occupancy$24,431$9,556-$33,987
Information Technology$13,393$5,926-$19,319
Advertising$12,273$654-$12,927
Total Functional Expenses$5,295,380$1,939,408$0$7,234,788

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,234,788
Total Expenses per Audited Statements$7,234,788
Total Expenses per Form 990$7,234,788
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
Cash Overdraft$168,356
Payroll Related Liabilities$125,199
Accrued Expenses$19,019
Interest Payable$9,974
Other Accrued Expenses$73
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Management reviews 990 and approves the form 990. The organization's board reviews the form 990 subsequent to filing.”

Form 990, Page 6, Part VI, Line 12C

“The center reviews the policy with employees and monitors contracts to ensure that the policy is being followed and upheld.”

Form 990, Page 6, Part VI, Line 15A

“Top mangement and officer salaries are approved by the board of directors.”

Form 990, Page 6, Part VI, Line 15B

“Top management and officer salaries are approved by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“Governing documents available upon request.”

Filing and Contact Details

Filer

Filer Name
The Center for Rural
EIN
61-1291304
Phone
6066776000
Address
2292 S HIGHWAY 27 STE 300, SOMERSET, KY 42501

Signing Officer

Name
Lonnie Lawson
Title
Pres. CEO
Phone
6066776000
Signed
2020-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Taylor
Formed
1995
Legal Domicile
Ky
Voting Board Members
10
Independent Board Members
10
Employees
51
Volunteers
20

Preparer

Firm
Evans Harville Atwell & Co Cpas Pllc
Address
PO BOX 1309, SOMERSET, KY 42502-1309
Preparer
Jon R Harville CPA
Phone
6066795090
Raw XML AppendixShowing 400 of 503 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt044985
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0257860
IRS990/AccountsReceivableGrp/BOYAmt079669
IRS990/AccountsReceivableGrp/EOYAmt0111717
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE ECONOMIC DEVELOPMENT TO SOUTHEASTERN KENTUCKY.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0654
IRS990/AdvertisingGrp/ProgramServicesAmt012273
IRS990/AdvertisingGrp/TotalAmt012927
IRS990/AllOtherContributionsAmt0251695
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0145983
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0370526
IRS990/AllOtherExpensesGrp/TotalAmt0516509
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE CENTER FOR RURAL DEVELOPMENT
IRS990/BooksInCareOfDetail/PhoneNum06066776000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02292 S HWY 27
IRS990/BooksInCareOfDetail/USAddress/CityNm0SOMERSET
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd042501
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05194724
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02016
IRS990/CYOtherExpensesAmt04805552
IRS990/CYOtherRevenueAmt0282551
IRS990/CYProgramServiceRevenueAmt01387263
IRS990/CYRevenuesLessExpensesAmt0-368234
IRS990/CYSalariesCompEmpBnftPaidAmt02429236
IRS990/CYTotalExpensesAmt07234788
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06866554
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt035862
IRS990/DeferredRevenueGrp/EOYAmt042472
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0184136
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0102275
IRS990/DepreciationDepletionGrp/TotalAmt0286411
IRS990/Desc0THE CENTER FACILITATES REGIONAL AND NATIONAL RURAL DEVELOPMENT IN PUBLIC SAFETY, ARTS AND CULTURE, LEADERSHIP, AND TECHNOLOGY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt051
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt05295380
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1150.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1035348
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1121715
IRS990/Form990PartVIISectionAGrp/PersonNm0BRUCE AYERS
IRS990/Form990PartVIISectionAGrp/PersonNm1JERRY A RICKETT
IRS990/Form990PartVIISectionAGrp/PersonNm2CLAY PARKER DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm3JEAN M DORTON
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES R LACEY
IRS990/Form990PartVIISectionAGrp/PersonNm5STEVE MERRICK
IRS990/Form990PartVIISectionAGrp/PersonNm6DR JAY MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm7RICK MAURER
IRS990/Form990PartVIISectionAGrp/PersonNm8DR JO MARSHALL
IRS990/Form990PartVIISectionAGrp/PersonNm9BOB MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm10LONNIE LAWSON
IRS990/Form990PartVIISectionAGrp/PersonNm11RICHARD TAYLOR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10150250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11107500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOAR MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BAORD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRES. CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE VP
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt04943029
IRS990/GrantsPayableGrp/BOYAmt0335221
IRS990/GrantsPayableGrp/EOYAmt0173944
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt06866554
IRS990/GrossRentsGrp/RealAmt081967
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05926
IRS990/InformationTechnologyGrp/ProgramServicesAmt013393
IRS990/InformationTechnologyGrp/TotalAmt019319
IRS990/InsuranceGrp/ManagementAndGeneralAmt053750
IRS990/InsuranceGrp/ProgramServicesAmt07103
IRS990/InsuranceGrp/TotalAmt060853
IRS990/InterestGrp/ManagementAndGeneralAmt058801
IRS990/InterestGrp/TotalAmt058801
IRS990/InvestmentIncomeGrp/ExclusionAmt02016
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02016
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0664111
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0664111
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06926595
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017308758
IRS990/LandBldgEquipBasisNetGrp/EOYAmt017156577
IRS990/LandBldgEquipCostOrOtherBssAmt024083172
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE ECONOMIC DEVELOPMENT TO SOUTHEASTERN KENTUCKY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01788309
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01669727
IRS990/NetAssetsOrFundBalancesBOYAmt016461824
IRS990/NetAssetsOrFundBalancesEOYAmt016093590
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt081967
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt081967
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt09556
IRS990/OccupancyGrp/ProgramServicesAmt024431
IRS990/OccupancyGrp/TotalAmt033987
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012295
IRS990/OfficeExpensesGrp/ProgramServicesAmt043028
IRS990/OfficeExpensesGrp/TotalAmt055323
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0177011
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0205497
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0382508
IRS990/OtherExpensesGrp/Desc0CONSULTING P/S
IRS990/OtherExpensesGrp/Desc1GRANT OVERHEAD P/S
IRS990/OtherExpensesGrp/Desc2CONTRACT LABOR P/S
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0216723
IRS990/OtherExpensesGrp/ProgramServicesAmt02695829
IRS990/OtherExpensesGrp/ProgramServicesAmt1375567
IRS990/OtherExpensesGrp/ProgramServicesAmt2338357
IRS990/OtherExpensesGrp/TotalAmt02695829
IRS990/OtherExpensesGrp/TotalAmt1375567
IRS990/OtherExpensesGrp/TotalAmt2338357
IRS990/OtherExpensesGrp/TotalAmt3216723
IRS990/OtherLiabilitiesGrp/BOYAmt0460266
IRS990/OtherLiabilitiesGrp/EOYAmt0322621
IRS990/OtherRevenueMiscGrp/Desc0FACILITIES REVENUE
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0150259
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt150325
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0150259
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt150325
IRS990/OtherRevenueTotalAmt0200584
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0936694
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0859748
IRS990/OtherSalariesAndWagesGrp/TotalAmt01796442
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt064395
IRS990/PayrollTaxesGrp/ProgramServicesAmt058436
IRS990/PayrollTaxesGrp/TotalAmt0122831
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt070915
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt056540
IRS990/PensionPlanContributionsGrp/TotalAmt0127455
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0227341
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0368628
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023755
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019126
IRS990/PrincipalOfficerNm0RICHARD TAYLOR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01387263
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01387263
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04887610
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt067958
IRS990/PYOtherExpensesAmt04651836
IRS990/PYOtherRevenueAmt0175550
IRS990/PYProgramServiceRevenueAmt01373553
IRS990/PYRevenuesLessExpensesAmt0-426567
IRS990/PYSalariesCompEmpBnftPaidAmt02279402
IRS990/PYTotalExpensesAmt06931238
IRS990/PYTotalRevenueAmt06504671
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-368234
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt081967
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0822833
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0240055
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FORM 990, PAGE 1, LINE 11 1,010,838
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05194724
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04887610
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05391026
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06138332
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03529237
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt025140929
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02156
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01565
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04516
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03696
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt013949
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt09029362
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0282551
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0175550
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0191934
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0236167
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0124636
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01010838
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96080
IRS990ScheduleA/PublicSupportPY170Pct00.96290
IRS990ScheduleA/PublicSupportTotal170Amt025140929
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05194724
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04887610
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05391026
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06138332
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03529237
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt025140929
IRS990ScheduleA/TotalSupportAmt026165716
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt013033808
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03665174
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt016698982
IRS990ScheduleD/EquipmentGrp/BookValueAmt0662849
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03261421
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03924270
IRS990ScheduleD/ExpensesSubtotalAmt07234788
IRS990ScheduleD/LandGrp/BookValueAmt03459920
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03459920
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0168356
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1125199
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt219019
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt39974
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt473
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CASH OVERDRAFT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL RELATED LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4OTHER ACCRUED EXPENSES
IRS990ScheduleD/RevenueSubtotalAmt06866554
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017156577
IRS990ScheduleD/TotalExpensesPerForm990Amt07234788
IRS990ScheduleD/TotalLiabilityAmt0322621
IRS990ScheduleD/TotalRevenuePerForm990Amt06866554
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06866554
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07234788
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0150250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt035348
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LONNIE LAWSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRES. CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0185598
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT REVIEWS 990 AND APPROVES THE FORM 990. THE ORGANIZATION'S BOARD REVIEWS THE FORM 990 SUBSEQUENT TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CENTER REVIEWS THE POLICY WITH EMPLOYEES AND MONITORS CONTRACTS TO ENSURE THAT THE POLICY IS BEING FOLLOWED AND UPHELD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TOP MANGEMENT AND OFFICER SALARIES ARE APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TOP MANAGEMENT AND OFFICER SALARIES ARE APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0CENTER REALTY LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1CENTERLINKS LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0751111
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt1963434
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0KY
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1KY
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0REAL ESTAT

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,560,214
Liabilities
$2,466,624
Net assets
$16,093,590
Revenue
$6,866,554
Expenses
$7,234,788
Net income
-$368,234
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.9$10.9$49.9$9.89$10.6$0.66
2023Summary only. Only limited summary data is available for this year.$53.1$2.85$50.3$8.26$9.00$0.75
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$52.7$1.71$51.0$7.68$6.90$0.78
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.1$1.82$50.2$10.7$6.15$4.57
2020Summary only. Only limited summary data is available for this year.$48.1$2.43$45.7$37.0$7.44$29.6
2019Detailed filing. Detailed filing data is available for this year.$18.6$2.47$16.1$6.87$7.23$0.37
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.1$2.66$16.5$6.50$6.93$0.43
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.9$2.05$16.9$7.14$7.63$0.49
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.5$1.19$17.3$8.15$8.76$0.61
2015Detailed filing. Detailed filing data is available for this year.$19.4$1.49$17.9$5.59$6.43$0.84
2014Detailed filing. Detailed filing data is available for this year.$19.7$0.96$18.7$4.65$5.64$0.99
2013Summary only. Only limited summary data is available for this year.$20.9$1.15$19.7$5.65$6.36$0.71
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.7$1.27$20.4$7.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.2$1.32$20.9$7.13
2010Summary only. Only limited summary data is available for this year.$22.9$1.50$21.4$6.41$6.75$0.34