Civic Intelligence

Industrial Development Board of Mayfield-Graves County Inc

990 • Fiscal year 2022 • EIN 61-6042028

Oct 01, 2021 to Sep 30, 2022 • Filed on Feb 15, 2023

Organization ProfileN/A
201 East College StMayfield, KY 42066

(270) 247-0626

Siviq Scores

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

Liabilities / Assets

91st percentile

0.47x

Higher debt load relative to assets than 91% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

99th percentile

1.71x

Higher debt load relative to revenue than 99% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

26th percentile

-13%

Faster asset growth than 26% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

99th percentile

1047%

Faster revenue growth than 99% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$412,216

Down $61,354 (-13%) from 2021

Net Assets

Up

$218,161

Up $111,936 (+105%) from 2021

Liabilities

Down

$194,055

Down $173,290 (-47%) from 2021

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin99th percentile

Revenue

Up

$113,610

Up $103,701 (+1047%) from 2021

Expenses

Up

$1,674

Up $874 (+109%) from 2021

Net Income

Up

$111,936

Up $102,827 (+1129%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$800K$600K$400K$200K$0Assets 2011: $612,381Liabilities 2011: $439,036Net Assets 2011: $173,3452011Assets 2012: $612,381Liabilities 2012: $436,400Net Assets 2012: $175,9812012Assets 2013: $612,381Liabilities 2013: $438,444Net Assets 2013: $173,9372013Assets 2014: $585,440Liabilities 2014: $415,655Net Assets 2014: $169,7852014Assets 2015: $549,239Liabilities 2015: $414,389Net Assets 2015: $134,8502015Assets 2016: $549,239Liabilities 2016: $412,590Net Assets 2016: $136,6492016Assets 2017: $549,239Liabilities 2017: $411,901Net Assets 2017: $137,3382017Assets 2018: $549,239Liabilities 2018: $409,433Net Assets 2018: $139,8062018Assets 2019: $505,301Liabilities 2019: $408,165Net Assets 2019: $97,1362019Assets 2020: $697,234Liabilities 2020: $600,118Net Assets 2020: $97,1162020Assets 2021: $473,570Liabilities 2021: $367,345Net Assets 2021: $106,2252021Assets 2022: $412,216Liabilities 2022: $194,055Net Assets 2022: $218,1612022Assets 2023: $190,485Liabilities 2023: $65,532Net Assets 2023: $124,9532023Assets 2024: $190,486Liabilities 2024: $63,887Net Assets 2024: $126,5992024Assets 2025: $190,486Liabilities 2025: $61,565Net Assets 2025: $128,9212025

Highlighted filing

2022

Assets$412,216
Liabilities$194,055
Net Assets$218,161
Open 2022 Filing

Operations Trend

Revenue Growth99th percentile

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

$200K$100K$0-$100KRevenue 2011: $0Expenses 2011: $36,554Net Income 2011: -$36,5542011Expenses 2012: $1,8232012Revenue 2013: $0Expenses 2013: $2,044Net Income 2013: -$2,0442013Revenue 2014: -$2,240Expenses 2014: $1,912Net Income 2014: -$4,1522014Revenue 2015: $3,382Expenses 2015: $38,317Net Income 2015: -$34,9352015Revenue 2016: $3,432Expenses 2016: $1,633Net Income 2016: $1,7992016Revenue 2017: $3,239Expenses 2017: $2,550Net Income 2017: $6892017Revenue 2018: $3,501Expenses 2018: $1,033Net Income 2018: $2,4682018Revenue 2019: $2,570Expenses 2019: $45,240Net Income 2019: -$42,6702019Revenue 2020: $1,570Expenses 2020: $1,590Net Income 2020: -$202020Revenue 2021: $9,909Expenses 2021: $800Net Income 2021: $9,1092021Revenue 2022: $113,610Expenses 2022: $1,674Net Income 2022: $111,9362022Revenue 2023: $2,557Expenses 2023: $95,765Net Income 2023: -$93,2082023Revenue 2024: $3,161Expenses 2024: $1,515Net Income 2024: $1,6462024Revenue 2025: $2,337Expenses 2025: $15Net Income 2025: $2,3222025

Highlighted filing

2022

Revenue$113,610
Expenses$1,674
Net Income$111,936
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Feb 15, 2023
Return Version
2021v4.0
Gross Receipts
$113,610
Mission and Program Overview

Mission

Promote economic development in mayfield and graves county ky

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$473,570$412,217▼ $61,353
Rtn Earn Endowment Incm Other Fnds$106,225$218,161▲ $111,936
Cash and Non-Interest-Bearing Accounts-$-1-
Total Assets$473,570$412,216▼ $61,354
Liabilities
Other Liabilities$367,345$194,055▼ $173,290
Total Liabilities$367,345$194,055▼ $173,290
Net Assets / Fund Balance
Total Net Assets Fund Balance$106,225$218,161▲ $111,936
Total Liabilities and Net Assets / Fund Balance$473,570$412,216▼ $61,354

Asset Categories

AssetBook ValueDepreciationBasis
Land$412,217-$412,217
Compensation and Service Providers
Top Officer Pay72nd percentile

Board Members and Trustees

NameTitle
Brad DamePresident
Tom WaldropVice-chairma
Allison MorrisDirector
Brent ShultzDirector
Dave AndersonDirector
Gracie CavinDirector
Jeremy BuchananDirector
Jesse PerryDirector
John AndersonDirector
KATHY O'NANDirector
Matt ScogginsDirector
Michael StatenDirector
Pete GallowayDirector
Richard HeathDirector
Sally HopkinsDirector
Shea WeaksDirector
Trevor BonnstetterDirector
Ward MorganDirector
Ricky BinkleySecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$113,610
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$111,936
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,674
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$915
Fees for Services Accounting---$750
Advertising---$9
Total Functional Expenses$0$0$0$1,674
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ldc Land Development$194,055
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 6

“Organized with members who are individual investors”

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

“No review was or will be conducted”

Form 990, Page 6, Part VI, Line 19

“The organization keeps a copy of its governing documents and financial statements on file at its cpa firm, which are available to the public upon request during the tax year.”

Filing and Contact Details

Filer

Filer Name
Industrial Development Board of
EIN
61-6042028
Phone
2702470626
Address
201 EAST COLLEGE ST, MAYFIELD, KY 42066

Signing Officer

Name
Brad Dame
Title
President
Phone
2702470626
Signed
2023-02-15

Organization Details

Principal Officer
Brad Dame
Formed
1968
Legal Domicile
Ky
Voting Board Members
20
Independent Board Members
20
Employees
0

Preparer

Firm
Fox & Company Cpas Inc
Address
907 PARIS RD, MAYFIELD, KY 42066
Preparer
Johanna P Turner
Phone
2702476087
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Fees/dues 15 0 0 repair & maintenance 900 0 0 total 915 0 0”

Raw XML Appendix325 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/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROMOTE ECONOMIC DEVELOPMENT IN MAYFIELD AND GRAVES COUNTY KY
IRS990/AdvertisingGrp/TotalAmt09
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0JOHANNA FOX CPA INC
IRS990/BooksInCareOfDetail/PhoneNum02702476087
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0907 PARIS RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0MAYFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd042066
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt0-1
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01674
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0113610
IRS990/CYRevenuesLessExpensesAmt0111936
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01674
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0113610
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PROMOTE ECONOMIC DEVELOPMENT IN MAYFIELD AND GRAVES COUNTY KY
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt0750
IRS990/FeesForServicesOtherGrp/TotalAmt0915
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
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/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVE ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm2TREVOR BONNSTETTER
IRS990/Form990PartVIISectionAGrp/PersonNm3JEREMY BUCHANAN
IRS990/Form990PartVIISectionAGrp/PersonNm4GRACIE CAVIN
IRS990/Form990PartVIISectionAGrp/PersonNm5PETE GALLOWAY
IRS990/Form990PartVIISectionAGrp/PersonNm6RICHARD HEATH
IRS990/Form990PartVIISectionAGrp/PersonNm7SALLY HOPKINS
IRS990/Form990PartVIISectionAGrp/PersonNm8WARD MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm9ALLISON MORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm10KATHY O'NAN
IRS990/Form990PartVIISectionAGrp/PersonNm11JESSE PERRY
IRS990/Form990PartVIISectionAGrp/PersonNm12MATT SCOGGINS
IRS990/Form990PartVIISectionAGrp/PersonNm13BRENT SHULTZ
IRS990/Form990PartVIISectionAGrp/PersonNm14MICHAEL STATEN
IRS990/Form990PartVIISectionAGrp/PersonNm15SHEA WEAKS
IRS990/Form990PartVIISectionAGrp/PersonNm16RICKY BINKLEY
IRS990/Form990PartVIISectionAGrp/PersonNm17BRAD DAME
IRS990/Form990PartVIISectionAGrp/PersonNm18TOM WALDROP
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/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/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/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
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/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE-CHAIRMA
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0113610
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt020
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02599
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0473570
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0412217
IRS990/LandBldgEquipCostOrOtherBssAmt0414816
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROMOTE ECONOMIC DEVELOPMENT IN MAYFIELD AND GRAVES COUNTY KY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0106225
IRS990/NetAssetsOrFundBalancesEOYAmt0218161
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherLiabilitiesGrp/BOYAmt0367345
IRS990/OtherLiabilitiesGrp/EOYAmt0194055
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BRAD DAME
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0GAIN/LOSS LAND/PARK 3
IRS990/ProgramServiceRevenueGrp/Desc1AGRICULTURAL PROGRAM PAYMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0110897
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12713
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0110897
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12713
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYOtherExpensesAmt0800
IRS990/PYProgramServiceRevenueAmt09909
IRS990/PYRevenuesLessExpensesAmt09109
IRS990/PYTotalExpensesAmt0800
IRS990/PYTotalRevenueAmt09909
IRS990/ReconcilationRevenueExpnssAmt0111936
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0106225
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0218161
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0412217
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0412217
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0194055
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LDC LAND DEVELOPMENT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0412217
IRS990ScheduleD/TotalLiabilityAmt0194055
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZED WITH MEMBERS WHO ARE INDIVIDUAL INVESTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION KEEPS A COPY OF ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ON FILE AT ITS CPA FIRM, WHICH ARE AVAILABLE TO THE PUBLIC UPON REQUEST DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FEES/DUES 15 0 0 REPAIR & MAINTENANCE 900 0 0 TOTAL 915 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0473570
IRS990/TotalAssetsEOYAmt0412216
IRS990/TotalAssetsGrp/BOYAmt0473570
IRS990/TotalAssetsGrp/EOYAmt0412216
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01674
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0367345
IRS990/TotalLiabilitiesEOYAmt0194055
IRS990/TotalLiabilitiesGrp/BOYAmt0367345
IRS990/TotalLiabilitiesGrp/EOYAmt0194055
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0106225
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0218161
IRS990/TotalProgramServiceRevenueAmt0113610
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0113610
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0113610
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0473570
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0412216
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/VotingMembersGoverningBodyCnt020
IRS990/VotingMembersIndependentCnt020
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BRAD DAME
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02702470626
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDUSTRIAL DEVELOPMENT BOARD OF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0MAYFIELD-GRAVES COUNTY INC
ReturnHeader/Filer/BusinessNameControlTxt0INDU
ReturnHeader/Filer/EIN0616042028
ReturnHeader/Filer/PhoneNum02702470626
ReturnHeader/Filer/USAddress/AddressLine1Txt0201 EAST COLLEGE ST
ReturnHeader/Filer/USAddress/CityNm0MAYFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042066
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611291560
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FOX & COMPANY CPAS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0907 PARIS RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MAYFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd042066
ReturnHeader/PreparerPersonGrp/PhoneNum02702476087
ReturnHeader/PreparerPersonGrp/PreparationDt02023-02-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHANNA P TURNER
ReturnHeader/ReturnTs02023-02-14T09:37:56-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRAD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DAME
ReturnHeader/TaxPeriodBeginDt02021-10-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$412,216
Liabilities
$194,055
Net assets
$218,161
Revenue
$113,610
Expenses
$1,674
Net income
$111,936
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.90$0.62$1.29$0.02$0.00$0.02
2024Detailed filing. Detailed filing data is available for this year.$1.90$0.64$1.27$0.03$0.02$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.90$0.66$1.25$0.03$0.96$0.93
2022Detailed filing. Detailed filing data is available for this year.$4.12$1.94$2.18$1.14$0.02$1.12
2021Detailed filing. Detailed filing data is available for this year.$4.74$3.67$1.06$0.10$0.01$0.09
2020Detailed filing. Detailed filing data is available for this year.$6.97$6.00$0.97$0.02$0.02$0.00
2019Detailed filing. Detailed filing data is available for this year.$5.05$4.08$0.97$0.03$0.45$0.43
2018Detailed filing. Detailed filing data is available for this year.$5.49$4.09$1.40$0.04$0.01$0.02
2017Detailed filing. Detailed filing data is available for this year.$5.49$4.12$1.37$0.03$0.03$0.01
2016Detailed filing. Detailed filing data is available for this year.$5.49$4.13$1.37$0.03$0.02$0.02
2015Detailed filing. Detailed filing data is available for this year.$5.49$4.14$1.35$0.03$0.38$0.35
2014Detailed filing. Detailed filing data is available for this year.$5.85$4.16$1.70$0.02$0.02$0.04
2013Summary only. Only limited summary data is available for this year.$6.12$4.38$1.74$0.00$0.02$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.12$4.36$1.76$0.02
2011Summary only. Only limited summary data is available for this year.$6.12$4.39$1.73$0.00$0.37$0.37