Overview

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Est.

1967

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Kentucky Association for Economic Development Inc (EIN: 74-3242650) is a nonprofit organization dedicated to educating, advocating, and connecting with its members on issues vital to economic development in the Commonwealth of Kentucky. With an operating budget of $1 million and total revenue of $669.2K for the 2024 fiscal year, the organization primarily relies on various funding sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.kaedonline.org.

Mission Statement

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.
Revenues
$669.2K
Expenses
$1M
Net Income:
-$361.1K
Assets
$2.6M
Liabilities
$188.6K
Net Assets:
+$2.4M
Operating Budget
$1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$20K
Largest grant received
$20K
D
Danny Isaacs
Board Member
T
Tom West
Board Member
R
Rodney Hitch
Board Member

Frequently Asked Questions

What is KENTUCKY ASSOCIATION FOR ECONOMIC DEVELOPMENT INC’s budget?
In 2024, KENTUCKY ASSOCIATION FOR ECONOMIC DEVELOPMENT INC reported an annual operating budget of around $1 million. More detailed financial information is available to registered users.
What causes does KENTUCKY ASSOCIATION FOR ECONOMIC DEVELOPMENT INC support?
KENTUCKY ASSOCIATION FOR ECONOMIC DEVELOPMENT INC supports work in Economic development and Business and industry.
Where does KENTUCKY ASSOCIATION FOR ECONOMIC DEVELOPMENT INC operate?
KENTUCKY ASSOCIATION FOR ECONOMIC DEVELOPMENT INC is headquartered in Frankfort, KY.
Who funded KENTUCKY ASSOCIATION FOR ECONOMIC DEVELOPMENT INC recently?
In 2024, KENTUCKY ASSOCIATION FOR ECONOMIC DEVELOPMENT INC received grants from EAST KENTUCKY POWER COOPERATIVE INC and EAST KENTUCKY POWER COOPERATIVE INC. More information on this organization’s funders is available to registered users.
What is the largest grant KENTUCKY ASSOCIATION FOR ECONOMIC DEVELOPMENT INC received in 2024?
The largest grant to KENTUCKY ASSOCIATION FOR ECONOMIC DEVELOPMENT INC in 2024 exceeds $20 thousand.