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Union County Industrial Development Authority Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453807481 ✦ Morganfield, KY ✦ Designated as a 501(c)(6)

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Overview

What is Union County Industrial Development Authority Inc?

Union County Industrial Development Authority Inc is a nonprofit organization situated in Morganfield, Kentucky. Its primary mission is to facilitate financial assistance for the growth and development of industries and businesses in Kentucky. This includes aiding in the acquisition, retention, and development of industrial and commercial land, as well as promoting and stimulating such activities through local development organizations. The organization's role extends to the development and promotion of industrial sites, parks, and subdivisions to accommodate industrial and commercial needs.


Official website here: www.ucfirst.org

Is Union County Industrial Development Authority Inc legitimate?

Union County Industrial Development Authority Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Union County Industrial Development Authority Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ucfirst.org

What is the mission statement of Union County Industrial Development Authority Inc?

The Union County Industrial Development Authority Inc's mission is centered around aiding the acquisition, retention, and development of land for industrial and commercial purposes. Their objective is to stimulate and promote the growth of these sectors in Kentucky, not only through their own initiatives but also by encouraging other local development organizations, both public and private, to do the same. They focus on the development and promotion of industrial sites, parks, and subdivisions to accommodate the needs of industries and commerce.


Official website here: www.ucfirst.org

Who is the CEO of Union County Industrial Development Authority Inc?

Garland Certain is the Chairman of Union County Industrial Development Authority Inc.


Official website here: www.ucfirst.org

What is the revenue of Union County Industrial Development Authority Inc?

Union County Industrial Development Authority Inc's revenue in 2022 was $51,741.


Official website here: www.ucfirst.org

Who are the executives of Union County Industrial Development Authority Inc and what are their salaries?


Here are 7 key members and their salaries:


Pat Donahue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Humphrey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Obert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Onan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garland Certain (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Coker (Sec/Treasure)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Gumz (Vice-Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ucfirst.org

Where can I find the form 990 for Union County Industrial Development Authority Inc?

Union County Industrial Development Authority Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ucfirst.org

Learn more at the official website: www.ucfirst.org

Mission Statement of Union County Industrial Development Authority Inc

Union County Industrial Development Authority Inc is dedicated to supporting the acquisition, retention, and development of land for industrial and commercial purposes in Kentucky. Their mission extends beyond this, as they also aim to stimulate the acquisition, retention, and development of such land by other local development organizations, both public and private. This organization works tirelessly to promote the development and promotion of industrial sites, parks, and subdivisions that can accommodate the needs of the industrial and commercial sectors. By doing so, Union County Industrial Development Authority Inc plays a crucial role in fostering growth and development in Kentucky's industrial and commercial landscape.

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Impact




October, 2024

Union County Industrial Development Authority Inc plays a significant role in fostering economic growth and development in Kentucky. By aiding in the acquisition, retention, and development of land for industrial and commercial purposes, the authority facilitates the establishment of vital economic infrastructure in the region.

Their efforts include the development and promotion of industrial sites, parks, and subdivisions, which cater to the specific needs of businesses looking to expand or relocate. This targeted development not only attracts new industries but also encourages existing businesses to grow, thereby enhancing local employment opportunities and stimulating the regional economy.

The financing initiatives provided by the authority enable industries and businesses to either develop real property or expand their facilities, contributing directly to the overall industrial landscape of Kentucky. By collaborating with both public and private local development organizations, they create a robust support system for sustainable economic advancement.

Ultimately, the Union County Industrial Development Authority Inc is instrumental in transforming the area's economic potential, driving community improvement, and creating a favorable environment for industrial and commercial growth.




This information is meant to be a general summary of Union County Industrial Development Authority Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$51,741 (2022)
Expenses
$383,861 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$362,861
  • Program Service Revenue: $41,749
  • Gross Receipts: $517,115

Assets and Liabilities:

  • Total Assets: $5,991,488
  • Total Liabilities: $0
  • Net Assets: $5,991,488

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN INTEREST

Revenue

$40,919

SYKES FARM LAND RENTAL

Revenue

$830

Organization Details

Founding Year

2007

Principal Officer

Garland Certain

Main Address

P O BOX 374, MORGANFIELD, KY, 42437

NTEE Category

Code: S40 - Community improvement

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