Overview
What is Kentucky Association Of Manufacturers Inc?
The Kentucky Association of Manufacturers Inc, based in Frankfort, Kentucky, serves as a nonprofit organization dedicated to strengthening and expanding a manufacturing-friendly business climate. Their primary mission is to foster investment, stimulate job growth, and contribute to overall prosperity across Kentucky's economy. Beyond their advocacy efforts for manufacturing and economic growth, they educate, connect, and offer cost-saving programs and products to their member companies and their employees. Significant activities include conducting wage surveys, publishing a legislative guide, and hosting state and regional meetings to share business and labor information with manufacturers. The association's mission is to make a better Kentucky by promoting, growing, and advocating for manufacturing in the Commonwealth and its economy as a whole.
Official website here: www.kam.us
Is Kentucky Association Of Manufacturers Inc legitimate?
Kentucky Association Of Manufacturers Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Kentucky Association Of Manufacturers 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: $164,463
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,189
For more financial information, click here
Official website here: www.kam.us
What is the mission statement of Kentucky Association Of Manufacturers Inc?
The Kentucky Association of Manufacturers Inc. aims to enhance and expand a manufacturing-friendly business environment that encourages investment, job growth, and increasing prosperity throughout Kentucky's economy. Beyond advocating for manufacturing and economic growth, the organization offers educational resources, connects members, and provides cost-saving programs to their company members and employees. Significant activities include conducting wage surveys, releasing legislative guides, and organizing state and regional meetings to share business and labor information with manufacturers. Essentially, their mission is to improve Kentucky by promoting, growing, and advocating for manufacturing, thereby contributing to the overall health of the state's economy.
Official website here: www.kam.us
Who is the CEO of Kentucky Association Of Manufacturers Inc?
Frank Jemley is the CEO of Kentucky Association Of Manufacturers Inc The CEO's salary of Kentucky Association Of Manufacturers Inc is $138,391 and their total compensation is $164,463.
Official website here: www.kam.us
What is the revenue of Kentucky Association Of Manufacturers Inc?
Kentucky Association Of Manufacturers Inc's revenue in 2023 was $824,474.
Official website here: www.kam.us
Who are the executives of Kentucky Association Of Manufacturers Inc and what are their salaries?
The average compensation at Kentucky Association Of Manufacturers Inc during 2023 was $67,730. There are 5 employees and 32 volunteers at Kentucky Association Of Manufacturers Inc.
Here are 32 key members and their salaries (Kentucky Association Of Manufacturers Inc's CEO's salary is $138,391 and their total compensation is $164,463):
- Compensation: $138,391
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Official website here: www.kam.us
Where can I find the form 990 for Kentucky Association Of Manufacturers Inc?
Kentucky Association Of Manufacturers Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.kam.us
Learn more at the official website: www.kam.us
Mission Statement of Kentucky Association Of Manufacturers Inc
Kentucky Association of Manufacturers Inc is committed to enhancing and expanding a manufacturing-friendly business environment that encourages investment, job growth, and increasing prosperity across Kentucky's economy. Beyond advocating for manufacturing and economic growth, the organization takes on an educational role, connecting members and their employees through cost-saving programs and products. Significant activities include conducting a wage survey, providing a legislative guide, and organizing state and regional meetings to share business and labor information with manufacturers.
In essence, the mission of Kentucky Association of Manufacturers Inc is to improve Kentucky by promoting, growing, and advocating for manufacturing within the state's economy. This nonprofit organization strives to provide valuable information and data relative to business and labor to its members, thereby contributing to a stronger and more prosperous manufacturing sector in Kentucky.
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Impact
October, 2024
The Kentucky Association of Manufacturers Inc. plays a crucial role in fostering a thriving manufacturing sector within the state. By advocating for a business-friendly environment, the organization aims to enhance investment opportunities and job growth, ultimately contributing to increased prosperity across Kentucky's economy.
Their efforts extend beyond mere advocacy; they also educate and connect member companies with valuable resources that promote efficiency and reduce costs. This includes initiatives like conducting wage surveys and providing legislative guides to keep manufacturers informed about relevant policies. Additionally, the organization hosts state and regional meetings that facilitate the exchange of vital business and labor information among manufacturers, enhancing collaboration and community support.
Through these initiatives, the Kentucky Association of Manufacturers significantly impacts the manufacturing landscape, ensuring it remains robust and competitive, thus driving economic improvement throughout the region. Their commitment to promoting, growing, and advocating for manufacturing not only supports existing businesses but also lays the groundwork for future opportunities in Kentucky.
This information is meant to be a general summary of Kentucky Association Of Manufacturers 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,957
- Program Service Revenue: $821,517
- Gross Receipts: $824,474
Assets and Liabilities:
- Total Assets: $290,782
- Total Liabilities: $4,728
- Net Assets: $286,054
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$511,121
MEMBERSHIP SERVICES
Revenue
$310,396
Organization Details
Founding Year
1911
Principal Officer
Frank Jemley
Website
www.kam.usNTEE Category
Code: S41 - Community improvement
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