Overview
What is Southeast Kentucky Economic Development Corporation Inc?
Southeast Kentucky Economic Development Corporation Inc, based in Somerset, Kentucky, is a nonprofit organization with a mission to stimulate economic growth and development in the southern Kentucky region. They achieve this by administering loan programs to eligible businesses, supporting new and expanding industries within their service area. With a team of nine dedicated individuals, they work tirelessly to foster economic prosperity and contribute to the region's overall development.
Official website here: www.skedcorp.com
Is Southeast Kentucky Economic Development Corporation Inc legitimate?
Southeast Kentucky Economic Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Kentucky Economic Development Corporation 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $613,251
For more financial information, click here
What is the mission statement of Southeast Kentucky Economic Development Corporation Inc?
The Southeast Kentucky Economic Development Corporation Inc's mission is centered around promoting economic growth and development in the southern Kentucky region. In pursuit of this objective, the organization administers loan programs to eligible businesses, supporting the establishment of new industries and expansion of existing ones within its service area. This mission aims to contribute positively to the local economy, creating opportunities and fostering development.
Official website here: www.skedcorp.com
Who is the CEO of Southeast Kentucky Economic Development Corporation Inc?
Brett Traver is the President of Southeast Kentucky Economic Development Corporation Inc.
Official website here: www.skedcorp.com
What is the revenue of Southeast Kentucky Economic Development Corporation Inc?
Southeast Kentucky Economic Development Corporation Inc's revenue in 2022 was $3,726,346.
Official website here: www.skedcorp.com
Who are the executives of Southeast Kentucky Economic Development Corporation Inc and what are their salaries?
The average compensation at Southeast Kentucky Economic Development Corporation Inc during 2022 was $68,139. There are 9 employees at Southeast Kentucky Economic Development Corporation Inc.
Here are 14 key members and their salaries:
- Brett Traver (Executive Di)
- Chris Coldiron (Director Of)
- Carol Wright (President) [Trustee/Director]
- Tim Barnes (Vice Preside) [Trustee/Director]
- David Blakeman (Secretary) [Trustee/Director]
- Bruce Carpenter (Treasurer) [Trustee/Director]
- Corey Craig (Director)
- Charlene Harris (Director)
- Tim Gibbs (Director)
- Jennifer Lindon (Director)
- Darryl Mcgaha (Director)
- Virginia Flanagan (Director)
- Steve Allen (Director)
- Daryl Smith (Director)
Official website here: www.skedcorp.com
Where can I find the form 990 for Southeast Kentucky Economic Development Corporation Inc?
The Southeast Kentucky Economic Development Corporation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.skedcorp.com
Learn more at the official website: www.skedcorp.com
Mission Statement of Southeast Kentucky Economic Development Corporation Inc
Southeast Kentucky Economic Development Corporation Inc, in its mission, focuses on facilitating the economic growth and development of the southern Kentucky region. This nonprofit organization actively administers loan programs for qualified businesses, aiding in the establishment of new industries and expansions within its service area. By doing so, it contributes to the overall economic development of the region, ultimately fostering a prosperous and thriving community.
Impact
This information is meant to be a general summary of Southeast Kentucky Economic Development Corporation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
The impact of the Southeast Kentucky Economic Development Corporation Inc can be seen in its facilitation of economic growth and development in the southern Kentucky region. By administering loan programs to qualified businesses for new and expanding industries in the service area, the organization plays a crucial role in supporting entrepreneurship and job creation. This directly contributes to the enhancement of the local economy and overall community improvement in Somerset, Kentucky.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$776,143
SOMERSET RAIL PARK INCOME
Revenue
$237,443
OTHER INCCOME
Revenue
$42,801
BAD DEBT RECOVERY
Revenue
$30,798
Organization Details
Founding Year
1986
Phone
(606) 677-6100
Principal Officer
Brett Traver
Main Address
2292 SOUTH HIGHWAY 27, SOMERSET, KY, 42501
Website
www.skedcorp.com
NTEE Category
Code: S32Z - Community improvement
If you are a representative of Southeast Kentucky Economic Development Corporation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.