Liabilities / Assets
25th percentile
Higher debt load relative to assets than 25% of similar nonprofits.
990 • Fiscal year 2017 • EIN 61-1329659
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
25th percentile
Higher debt load relative to assets than 25% of similar nonprofits.
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
11th percentile
Higher top officer pay than 11% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
21st percentile
Faster asset growth than 21% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Assets
Down$7,619,234
Down $122,443 (-1.6%) from 2016
Net Assets
Down$6,995,401
Down $99,502 (-1.4%) from 2016
Liabilities
Down$623,833
Down $22,941 (-3.5%) from 2016
Revenue
Down$869,354
Down $1,077,530 (-55%) from 2016
Expenses
Down$968,856
Down $862,480 (-47%) from 2016
Net Income
Down-$99,502
Down $215,050 (-186%) from 2016
The eda was organized to provide resources with an economic development vision to seek and assist in establishing industrial parks by offering incentive packages and creating a team for ongoing community development in the south central kentucky area.
The Area Economic Development Authority was organized to provide resources with an economic development vision to seek and assist in establishing industrial parks by offering incentive packages and creating a team for ongoing community developement in South Central Kentucky.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $1,895,514 | $1,904,017 | ▲ $8,503 |
| Land, Buildings, and Equipment, Net | $1,710,573 | $1,568,288 | ▼ $142,285 |
| Cash and Non-Interest-Bearing Accounts | $890,264 | $904,768 | ▲ $14,504 |
| Prepaid Expenses and Deferred Charges | $33,712 | $32,072 | ▼ $1,640 |
| Intangible Assets | $2,472 | - | - |
| Total Assets | $7,741,677 | $7,619,234 | ▼ $122,443 |
| Other Assets Total | $3,209,142 | $3,210,089 | ▲ $947 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $590,966 | $623,833 | ▲ $32,867 |
| Deferred Revenue | $55,808 | - | - |
| Total Liabilities | $646,774 | $623,833 | ▼ $22,941 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $7,094,903 | $6,995,401 | ▼ $99,502 |
| Total Net Assets Fund Balance | $7,094,903 | $6,995,401 | ▼ $99,502 |
| Total Liabilities and Net Assets / Fund Balance | $7,741,677 | $7,619,234 | ▼ $122,443 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,217,365 | $3,795,317 | $5,012,682 |
| Land | $349,213 | - | $349,213 |
| Equipment | $1,710 | $4,519 | $6,229 |
| Other Assets Org | $2,346 | - | - |
| Name | Title |
|---|---|
| Robbin Taylor | Chair-Elect |
| Mark Iverson | Chairman |
| Ron Bunch | PresidentCEO |
| Alex Nottmeier | Director |
| Ann Puckett | Director |
| Bill Greer | Director |
| Brad Howard | Director |
| Craig McCormick | Director |
| Doug Gorman | Director |
| Gary Dillard | Director |
| Greg Burrell | Director |
| Jeff Meisel | Director |
| Kim ThomaS | Director |
| Mike Murphy | Director |
| Rick Wilson | Director |
| Rodney Rogers | Director |
| Joy Hunt | SecretaryTreasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| BG Area Chamber of Commerce | Mgmt Fees & Market | 710 College Street, Bowling Green, KY 42101 | $493,760 |
| Line Item | Amount |
|---|---|
| Other Expenses | $968,856 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | - | - | - | $493,760 |
| Advertising | - | - | - | $187,534 |
| Depreciation Depletion | - | - | - | $143,759 |
| Other Expenses | $73,433 | - | - | $73,433 |
| Insurance | - | - | - | $9,620 |
| Fees for Services Other | - | - | - | $8,443 |
| Interest | - | - | - | $1,179 |
| All Other Expenses | - | - | - | $758 |
| Total Functional Expenses | $0 | $0 | $0 | $968,856 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $968,856 |
| Total Expenses per Audited Statements | $968,856 |
| Total Expenses per Form 990 | $968,856 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Brad Howard | Banking | Arms-length banking relationship with EDA | No | - |
| Craig McCormick | Banking | Arms-length banking relationship with EDA | No | - |
| Kim Thomas | Banking | Arms-length banking relationship with EDA | No | - |
| Mike Murphy | Builder | Builder of spec bilding | No | - |
| Rick Wilson | Banking | Arms-length banking relationship with EDA | No | - |
“Various members of the Authority are banking officers within the community. As such, it is commonly expected that the financial institutions have professional relationships with business owners who also serve as board members.”
“The Authority contracts with the Bowling Green Chamber of Commerce to provide all adminstrative and management services.”
“Preliminary draft of Form 990 is reviewed by organization prior to filing with the Internal Revenue Service.”
“Organizations directors are required to sign conflict of interest disclosures upon becoming a director. In addition, every director is required to update the disclosure annually.”
“Organization documents are made available upon request.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 590966 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 623833 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | The Area Economic Development Authority was organized to provide resources with an economic development vision to seek and assist in establishing industrial parks by offering incentive packages and creating a team for ongoing community developement in South Central Kentucky. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 187534 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 758 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Ron Bunch |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2707813200 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 710 College Street |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Bowling Green |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | KY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 42101 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | true |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 890264 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 904768 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 493760 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 710 College Street |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | Bowling Green |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | KY |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 42101 |
| IRS990/ContractorCompensationGrp/ContractorName/PersonNm | 0 | BG Area Chamber of Commerce |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | Mgmt Fees & Market |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 187500 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 11134 |
| IRS990/CYOtherExpensesAmt | 0 | 968856 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 670720 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -99502 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 968856 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 869354 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 55808 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | true |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 143759 |
| IRS990/Desc | 0 | The EDA recruits new industry to Bowling Green/Warren County and retain existing businesses. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 493760 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 8443 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 10 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 11 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 12 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 13 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 14 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 15 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 16 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Greg Burrell |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Ron Bunch |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Ann Puckett |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Gary Dillard |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Doug Gorman |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Brad Howard |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Bill Greer |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Mark Iverson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Mike Murphy |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Alex Nottmeier |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Robbin Taylor |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Kim ThomaS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | Rick Wilson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Craig McCormick |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | Jeff Meisel |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | Joy Hunt |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | Rodney Rogers |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PresidentCEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Chair-Elect |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | SecretaryTreasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | Director |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1998 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 17 |
| IRS990/GovernmentGrantsAmt | 0 | 187500 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 869354 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 17 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/TotalAmt | 0 | 9620 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 2472 |
| IRS990/InterestGrp/TotalAmt | 0 | 1179 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 11134 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 11134 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 10 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 3799836 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1710573 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1568288 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 5368124 |
| IRS990/LegalDomicileStateCd | 0 | KY |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | The Area Economic Development Authority was organized to provide resources with an economic development vision to seek and assist in establishing industrial parks by offering incentive packages and creating a team for ongoing community developement in South Central Kentucky. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 7094903 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 6995401 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 3209142 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 3210089 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Property Tax Expense |
| IRS990/OtherExpensesGrp/Desc | 1 | Amortization |
| IRS990/OtherExpensesGrp/Desc | 2 | Specific Building Selling Ex |
| IRS990/OtherExpensesGrp/Desc | 3 | Education Expense |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 29651 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 2472 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 18247 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 73433 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 29651 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 2472 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 18247 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 73433 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 33712 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 32072 |
| IRS990/PrincipalOfficerNm | 0 | Ron Bunch |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 532000 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Lease Income |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 670720 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 670720 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 187500 |
| IRS990/PYInvestmentIncomeAmt | 0 | 12898 |
| IRS990/PYOtherExpensesAmt | 0 | 1831336 |
| IRS990/PYOtherRevenueAmt | 0 | 36 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1746450 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 115548 |
| IRS990/PYTotalExpensesAmt | 0 | 1831336 |
| IRS990/PYTotalRevenueAmt | 0 | 1946884 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -99502 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1895514 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1904017 |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1217365 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 3795317 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 5012682 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 1710 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 4519 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 6229 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 968856 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 349213 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 349213 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 3207743 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 2346 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | Property held for dev and sale |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | Interest Receivable |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 869354 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1568288 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 3210089 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 968856 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 869354 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 869354 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 968856 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | Brad Howard |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 1 | Craig McCormick |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 2 | Rick Wilson |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 3 | Kim Thomas |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 4 | Mike Murphy |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | Banking |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 1 | Banking |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 2 | Banking |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 3 | Banking |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 4 | Builder |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 1 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 2 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 3 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 4 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | Arms-length banking relationship with EDA |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 1 | Arms-length banking relationship with EDA |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 2 | Arms-length banking relationship with EDA |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 3 | Arms-length banking relationship with EDA |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 4 | Builder of spec bilding |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Various members of the Authority are banking officers within the community. As such, it is commonly expected that the financial institutions have professional relationships with business owners who also serve as board members. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The Authority contracts with the Bowling Green Chamber of Commerce to provide all adminstrative and management services. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Preliminary draft of Form 990 is reviewed by organization prior to filing with the Internal Revenue Service. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Organizations directors are required to sign conflict of interest disclosures upon becoming a director. In addition, every director is required to update the disclosure annually. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Organization documents are made available upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Officer directors etc family relationship Part VI line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Management duties delegation Part VI line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Conflict of interest policy compliance Part VI line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Governing documents etc available to public Part VI line 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | KY |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 7741677 |
| IRS990/TotalAssetsEOYAmt | 0 | 7619234 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 7741677 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 7619234 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 187500 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 968856 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 646774 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 623833 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 646774 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 623833 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 7094903 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 6995401 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 670720 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 681854 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 869354 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 7741677 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 7619234 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TransactionWithControlEntInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.