Overview

Sign up for
Closed

This organization closed in 2022. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Est.

1969

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Purchase Area Development District Inc is a nonprofit organization focused on economic development, serving eight counties in western Kentucky. With an operating budget of $10.3 million and total revenue of $14.3 million for the 2022 filing year, the organization operates without reliance on a single funder for 50% or more of its revenue. For more information, visit their website at www.purchaseadd.org.

Mission Statement

THE DISTRICT WAS ORGANIZED AS A COMPREHENSIVE PLANNING AND DEVELOPMENT AGENCY THAT SERVES EIGHT COUNTIES IN WESTERN KENTUCKY.
Revenues
$14.3M
Expenses
$13.6M
Net Income:
+$654.5K
Assets
$0
Liabilities
$0
Net Assets:
+$0
Operating Budget
$10.3M
Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
1
Median grant size
$2.8K
Largest grant received
$2.8K
C
Cathy Pigg
Board Member
J
Justin Puckett
Board Member
K
Kenny Imes
Board Member

Frequently Asked Questions

What is PURCHASE AREA DEVELOPMENT DISTRICT INC’s budget?
In 2022, PURCHASE AREA DEVELOPMENT DISTRICT INC reported an annual operating budget of around $10.3 million. More detailed financial information is available to registered users.
What causes does PURCHASE AREA DEVELOPMENT DISTRICT INC support?
PURCHASE AREA DEVELOPMENT DISTRICT INC supports work in Economic development.
Where does PURCHASE AREA DEVELOPMENT DISTRICT INC operate?
PURCHASE AREA DEVELOPMENT DISTRICT INC is headquartered in MAYFIELD, KY.
Who funded PURCHASE AREA DEVELOPMENT DISTRICT INC recently?
In 2024, PURCHASE AREA DEVELOPMENT DISTRICT INC received grants from FEEDING KENTUCKY INC, Feeding America, and FEEDING KENTUCKY INC. More information on this organization’s funders is available to registered users.
What is the largest grant PURCHASE AREA DEVELOPMENT DISTRICT INC received in 2024?
The largest grant to PURCHASE AREA DEVELOPMENT DISTRICT INC in 2024 exceeds $2,807.
What is PURCHASE AREA DEVELOPMENT DISTRICT INC’s reliance on government grants?
PURCHASE AREA DEVELOPMENT DISTRICT INC relied on government grants for more than 95% of their total revenue in 2022.