Civic Intelligence

Kentucky Association for Economic Development Inc

990 • Fiscal year 2015 • EIN 74-3242650

Jan 01, 2015 to Dec 31, 2015 • Filed on Feb 26, 2016

Organization ProfileWWW.KAEDONLINE.ORG

View Organization Page

101 Burch CourtFrankfort, KY 40601

(502) 227-9653

Siviq Scores

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

Liabilities / Assets

46th percentile

0.16x

Higher debt load relative to assets than 46% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

67th percentile

0.32x

Higher debt load relative to revenue than 67% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Net Margin

42nd percentile

1.6%

Higher net margin than 42% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

28th percentile

$77,300

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 13.7% of source-year revenue.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Asset Growth

75th percentile

12%

Faster asset growth than 75% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

11th percentile

-14%

Faster revenue growth than 11% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$1,113,522

Up $118,189 (+12%) from 2014

Net Assets

Down

$933,937

Down $5,787 (-0.6%) from 2014

Liabilities

Up

$179,585

Up $123,976 (+223%) from 2014

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin42nd percentile

Revenue

Down

$565,797

Down $89,852 (-14%) from 2014

Expenses

Up

$557,010

Up $5,771 (+1.0%) from 2014

Net Income

Down

$8,787

Down $95,623 (-92%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $857,277Liabilities 2010: $1,459Net Assets 2010: $855,8182010Assets 2011: $826,954Liabilities 2011: $6,754Net Assets 2011: $820,2002011Assets 2012: $997,114Liabilities 2012: $61,000Net Assets 2012: $936,1142012Assets 2013: $899,277Liabilities 2013: $62,910Net Assets 2013: $836,3672013Assets 2014: $995,333Liabilities 2014: $55,609Net Assets 2014: $939,7242014Assets 2015: $1,113,522Liabilities 2015: $179,585Net Assets 2015: $933,9372015Assets 2016: $1,365,438Liabilities 2016: $331,870Net Assets 2016: $1,033,5682016Assets 2017: $1,361,662Liabilities 2017: $98,911Net Assets 2017: $1,262,7512017Assets 2018: $1,194,383Liabilities 2018: $85,899Net Assets 2018: $1,108,4842018Assets 2019: $1,472,264Liabilities 2019: $65,901Net Assets 2019: $1,406,3632019Assets 2020: $1,714,434Liabilities 2020: $139,071Net Assets 2020: $1,575,3632020Assets 2021: $2,734,558Liabilities 2021: $130,537Net Assets 2021: $2,604,0212021Assets 2022: $3,478,711Liabilities 2022: $253,856Net Assets 2022: $3,224,8552022Assets 2023: $2,864,991Liabilities 2023: $150,161Net Assets 2023: $2,714,8302023Assets 2024: $2,552,407Liabilities 2024: $188,611Net Assets 2024: $2,363,7962024

Highlighted filing

2015

Assets$1,113,522
Liabilities$179,585
Net Assets$933,937
Open 2015 Filing

Operations Trend

Revenue Growth11th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2010: $1,216,587Expenses 2010: $403,369Net Income 2010: $813,2182010Revenue 2011: $418,367Expenses 2011: $453,985Net Income 2011: -$35,6182011Expenses 2012: $483,0792012Revenue 2013: $542,055Expenses 2013: $462,285Net Income 2013: $79,7702013Revenue 2014: $655,649Expenses 2014: $551,239Net Income 2014: $104,4102014Revenue 2015: $565,797Expenses 2015: $557,010Net Income 2015: $8,7872015Revenue 2016: $699,888Expenses 2016: $615,875Net Income 2016: $84,0132016Revenue 2017: $784,581Expenses 2017: $574,490Net Income 2017: $210,0912017Revenue 2018: $435,699Expenses 2018: $548,492Net Income 2018: -$112,7932018Revenue 2019: $680,288Expenses 2019: $433,398Net Income 2019: $246,8902019Revenue 2020: $379,913Expenses 2020: $232,995Net Income 2020: $146,9182020Revenue 2021: $1,500,072Expenses 2021: $522,720Net Income 2021: $977,3522021Revenue 2022: $1,883,550Expenses 2022: $1,190,069Net Income 2022: $693,4812022Revenue 2023: $537,116Expenses 2023: $1,080,149Net Income 2023: -$543,0332023Revenue 2024: $669,187Expenses 2024: $1,030,304Net Income 2024: -$361,1172024

Highlighted filing

2015

Revenue$565,797
Expenses$557,010
Net Income$8,787
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Feb 26, 2016
Return Version
2015v2.1
Gross Receipts
$611,988
Mission and Program Overview

Mission

Our purpose is to educate, advocate and connect with our members on issues that are important to the economic development in the Commonwealth of Kentucky.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$316,770$442,892▲ $126,122
Other Notes and Loans Receivable, Net$400,000$400,000→ $0
Investments in Publicly Traded Securities$276,829$269,887▼ $6,942
Land, Buildings, and Equipment, Net$1,734$743▼ $991
Total Assets$995,333$1,113,522▲ $118,189
Liabilities
Deferred Revenue$41,680$168,041▲ $126,361
Accounts Payable and Accrued Expenses$13,929$11,544▼ $2,385
Total Liabilities$55,609$179,585▲ $123,976
Net Assets / Fund Balance
Unrestricted Net Assets$939,724$933,937▼ $5,787
Total Net Assets Fund Balance$939,724$933,937▼ $5,787
Total Liabilities and Net Assets / Fund Balance$995,333$1,113,522▲ $118,189

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$743$4,212$4,955
Compensation and Service Providers
Top Officer Pay28th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Hal B GoodePresident /FT$77,300$77,300

Board Members and Trustees

NameTitle
Deana Epperly KaremChairman
Brad SowdenVice Chairma
Brad HallDirector
Chuck SextonDirector
Donna CrooksDirector
Jody LassiterDirector
Ken CarrollDirector
Madison SilvertDirector
Rodney HitchDirector
Tom WestDirector
Vonda GatesDirector
Bruce CarpenterImmediate Pa
Tonita GoodwinSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$473,781
Investment Income
$15,516
Other Revenue
$76,500
Change in Net Assets
$8,787
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$370,566
Salaries, Compensation, and Employee Benefits$186,444
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$144,745
Other Salaries and Wages---$83,767
Advertising---$83,383
Current Officers, Directors, Trustees, and Key Employees---$77,300
Fees for Services Management---$75,000
Office Expenses---$14,580
Occupancy---$14,400
Payroll Taxes---$14,090
Travel---$11,554
Information Technology---$7,493
Pension Plan Contributions---$7,423
Fees for Services Accounting---$6,200
Fees for Service Investment Mgmnt Fees---$3,944
Other Employee Benefits---$3,864
Insurance---$2,754
Depreciation Depletion---$991
Other Expenses---$638
All Other Expenses---$-1,877
Total Functional Expenses$0$0$0$557,010
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$4,572
Total Nondeductible Lobbying and Political Cost$4,572
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No
Other officer compensation reviewed
No
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

“The financial statements are reviewed and approved by the board. Once the financial statements are approved, the 990 is prepared. Upon completion of the 990, it is reviewed by the executive director and a representative of the organization's accounting firm.”

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

“Each board member is required to sign an annual conflict of interest statement.”

Form 990, Page 6, Part VI, Line 19

“All governing documents are available for review at the organization's office upon receiving a written request for said documents.”

Filing and Contact Details

Filer

Filer Name
Kentucky Association for
EIN
74-3242650
Phone
5022279653
Address
101 BURCH COURT, FRANKFORT, KY 40601

Signing Officer

Name
Hal B Goode
Title
President / CEO
Phone
5022279653
Signed
2016-02-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hal B Goode
Formed
1967
Legal Domicile
Ky
Voting Board Members
13
Independent Board Members
13
Employees
4

Preparer

Firm
Amick & Company
Address
410 W CHESTNUT ST STE 237, LOUISVILLE, KY 40202-2323
Preparer
Albert H Klein Ii
Phone
5025835381
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Operating and personnel expenses that are not allocated to specific programs.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization has no uncertain tax positions, or interest or penalties, that qualify for either recognition or disclosure in the financial statements.”

Raw XML Appendix384 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt013929
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011544
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OUR PURPOSE IS TO EDUCATE, ADVOCATE AND CONNECT WITH OUR MEMBERS ON ISSUES THAT ARE IMPORTANT TO THE ECONOMIC DEVELOPMENT IN THE COMMONWEALTH OF KENTUCKY.
IRS990/AdvertisingGrp/TotalAmt083383
IRS990/AllOtherExpensesGrp/TotalAmt0-1877
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KY ASSOC FOR ECONOMIC DEVEOPMENT
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0KY ASSOC FOR ECONOMIC DEVELOPMENT
IRS990/BooksInCareOfDetail/PhoneNum05022279653
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0101 BURCH COURT
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0101 BURCH COURT
IRS990/BooksInCareOfDetail/USAddress/CityNm0FRANKFORT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd040601
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0316770
IRS990/CashNonInterestBearingGrp/EOYAmt0442892
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt077300
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt0144745
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt015516
IRS990/CYOtherExpensesAmt0370566
IRS990/CYOtherRevenueAmt076500
IRS990/CYProgramServiceRevenueAmt0473781
IRS990/CYRevenuesLessExpensesAmt08787
IRS990/CYSalariesCompEmpBnftPaidAmt0186444
IRS990/CYTotalExpensesAmt0557010
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0565797
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt041680
IRS990/DeferredRevenueGrp/EOYAmt0168041
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0991
IRS990/Desc0KENTUCKY UNITED IS AN EXCLUSIVE MARKETING PROGRAM AVAILABLE TO THE MEMBERS OF KAED.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt06200
IRS990/FeesForServicesManagementGrp/TotalAmt075000
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt03944
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
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/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/PersonNm0HAL B GOODE
IRS990/Form990PartVIISectionAGrp/PersonNm1RODNEY HITCH
IRS990/Form990PartVIISectionAGrp/PersonNm2BRUCE CARPENTER
IRS990/Form990PartVIISectionAGrp/PersonNm3DEANA EPPERLY KAREM
IRS990/Form990PartVIISectionAGrp/PersonNm4JODY LASSITER
IRS990/Form990PartVIISectionAGrp/PersonNm5VONDA GATES
IRS990/Form990PartVIISectionAGrp/PersonNm6TOM WEST
IRS990/Form990PartVIISectionAGrp/PersonNm7BRAD SOWDEN
IRS990/Form990PartVIISectionAGrp/PersonNm8TONITA GOODWIN
IRS990/Form990PartVIISectionAGrp/PersonNm9KEN CARROLL
IRS990/Form990PartVIISectionAGrp/PersonNm10CHUCK SEXTON
IRS990/Form990PartVIISectionAGrp/PersonNm11BRAD HALL
IRS990/Form990PartVIISectionAGrp/PersonNm12DONNA CROOKS
IRS990/Form990PartVIISectionAGrp/PersonNm13MADISON SILVERT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt077300
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/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/TitleTxt0PRESIDENT /
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2IMMEDIATE PA
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01967
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-1230
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt044961
IRS990/GrossReceiptsAmt0611988
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt013
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt07493
IRS990/InsuranceGrp/TotalAmt02754
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt016746
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt016746
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0276829
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0269887
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04212
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01734
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0743
IRS990/LandBldgEquipCostOrOtherBssAmt04955
IRS990/LegalDomicileStateCd0KY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt046191
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OUR PURPOSE IS TO EDUCATE, ADVOCATE AND CONNECT WITH OUR MEMBERS ON ISSUES THAT ARE IMPORTANT TO THE ECONOMIC DEVELOPMENT IN THE COMMONWEALTH OF KENTUCKY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0939724
IRS990/NetAssetsOrFundBalancesEOYAmt0933937
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-1230
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1230
IRS990/NetUnrlzdGainsLossesInvstAmt0-14574
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt014400
IRS990/OfficeExpensesGrp/TotalAmt014580
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03864
IRS990/OtherExpensesGrp/Desc0PROFESSIONAL DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1CELL PHONE
IRS990/OtherExpensesGrp/Desc2EQUIPMENT
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/TotalAmt02659
IRS990/OtherExpensesGrp/TotalAmt12350
IRS990/OtherExpensesGrp/TotalAmt21752
IRS990/OtherExpensesGrp/TotalAmt3638
IRS990/OtherRevenueMiscGrp/Desc0MANAGEMENT FEE FROM KY UNITED
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt075000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt075000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11500
IRS990/OtherRevenueTotalAmt076500
IRS990/OtherSalariesAndWagesGrp/TotalAmt083767
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0400000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0400000
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt014090
IRS990/PensionPlanContributionsGrp/TotalAmt07423
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0HAL B GOODE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0812900
IRS990/ProgramServiceRevenueGrp/BusinessCd1812900
IRS990/ProgramServiceRevenueGrp/BusinessCd2561499
IRS990/ProgramServiceRevenueGrp/BusinessCd3812900
IRS990/ProgramServiceRevenueGrp/Desc0KU CHAIRMANS LEVEL
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2KU PRESIDENTS LEVEL
IRS990/ProgramServiceRevenueGrp/Desc3KU PARTNERS LEVEL
IRS990/ProgramServiceRevenueGrp/Desc4CORPORATE SPONSORS DIAMOND
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt098314
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt163500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt253125
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt334354
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt432500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt098314
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt163500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt253125
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt334354
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt432500
IRS990/ProgSrvcAccomActy2Grp/Desc0KAED PROVIDES AN ATMOSPHERE WHERE PROFESSIONALS CAN WORK TOGETHER TO SOLVE PROBLEMS, SHARE IDEAS AND BUILD A NETWORK.
IRS990/ProgSrvcAccomActy3Grp/Desc0KAED HOSTS VARIOUS EVENTS AND CONFERENCES FOR THE BENEFIT OF ITS MEMBERS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OPERATING AND PERSONNEL EXPENSES THAT ARE NOT ALLOCATED TO SPECIFIC PROGRAMS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt019406
IRS990/PYOtherExpensesAmt0381930
IRS990/PYOtherRevenueAmt075000
IRS990/PYProgramServiceRevenueAmt0561243
IRS990/PYRevenuesLessExpensesAmt0104410
IRS990/PYSalariesCompEmpBnftPaidAmt0169309
IRS990/PYTotalExpensesAmt0551239
IRS990/PYTotalRevenueAmt0655649
IRS990/ReconcilationRevenueExpnssAmt08787
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AggregateReportedDuesNtcAmt04572
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/DuesAssessmentsAmt063500
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt04572
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt04572
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0743
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04212
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04955
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS, OR INTEREST OR PENALTIES, THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0743
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OPERATING AND PERSONNEL EXPENSES THAT ARE NOT ALLOCATED TO SPECIFIC PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FINANCIAL STATEMENTS ARE REVIEWED AND APPROVED BY THE BOARD. ONCE THE FINANCIAL STATEMENTS ARE APPROVED, THE 990 IS PREPARED. UPON COMPLETION OF THE 990, IT IS REVIEWED BY THE EXECUTIVE DIRECTOR AND A REPRESENTATIVE OF THE ORGANIZATION'S ACCOUNTING FIRM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH BOARD MEMBER IS REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS ARE AVAILABLE FOR REVIEW AT THE ORGANIZATION'S OFFICE UPON RECEIVING A WRITTEN REQUEST FOR SAID DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0995333
IRS990/TotalAssetsEOYAmt01113522
IRS990/TotalAssetsGrp/BOYAmt0995333
IRS990/TotalAssetsGrp/EOYAmt01113522
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0557010
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt055609
IRS990/TotalLiabilitiesEOYAmt0179585
IRS990/TotalLiabilitiesGrp/BOYAmt055609
IRS990/TotalLiabilitiesGrp/EOYAmt0179585
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0939724
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0933937
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0191988
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0191988
IRS990/TotalProgramServiceRevenueAmt0473781
IRS990/TotalReportableCompFromOrgAmt077300
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0565797
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0565797
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0995333
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01113522
IRS990/TravelGrp/TotalAmt011554
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0939724
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0933937
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0101 BURCH COURT
IRS990/USAddress/CityNm0FRANKFORT
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040601
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.KAEDONLINE.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HAL B GOODE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT / CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05022279653
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KENTUCKY ASSOCIATION FOR
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ECONOMIC DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0KENT
ReturnHeader/Filer/EIN0743242650
ReturnHeader/Filer/PhoneNum05022279653
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 BURCH COURT
ReturnHeader/Filer/USAddress/CityNm0FRANKFORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040601
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611222794
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AMICK & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0410 W CHESTNUT ST STE 237
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOUISVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0402022323
ReturnHeader/PreparerPersonGrp/PhoneNum05025835381
ReturnHeader/PreparerPersonGrp/PreparationDt02016-02-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALBERT H KLEIN II
ReturnHeader/ReturnTs02016-03-02T11:08:00-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,113,522
Liabilities
$179,585
Net assets
$933,937
Revenue
$565,797
Expenses
$557,010
Net income
$8,787
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.55$0.19$2.36$0.67$1.03$0.36
2023Summary only. Only limited summary data is available for this year.$2.86$0.15$2.71$0.54$1.08$0.54
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.48$0.25$3.22$1.88$1.19$0.69
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.73$0.13$2.60$1.50$0.52$0.98
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.71$0.14$1.58$0.38$0.23$0.15
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.07$1.41$0.68$0.43$0.25
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.09$1.11$0.44$0.55$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.10$1.26$0.78$0.57$0.21
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$0.33$1.03$0.70$0.62$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.11$0.18$0.93$0.57$0.56$0.01
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.06$0.94$0.66$0.55$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.90$0.06$0.84$0.54$0.46$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.06$0.94$0.48
2011Summary only. Only limited summary data is available for this year.$0.83$0.01$0.82$0.42$0.45$0.04
2010Summary only. Only limited summary data is available for this year.$0.86$0.00$0.86$1.22$0.40$0.81