Tri-County Economic Development Corporation

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

EIN: 611125577 ✦ Ft mitchell, KY ✦ Designated as a 501(c)(6)

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Overview

What is Tri-County Economic Development Corporation?

Tri-County Economic Development Corporation is a nonprofit organization situated in Fort Mitchell, Kentucky, specifically at 300 Buttermilk Pike Suite 332. Their primary mission is to foster economic growth in Boone, Campbell, and Kenton Counties and the associated municipalities and business interests. They achieve this goal by providing marketing, business retention and expansion, attraction, and entrepreneurial support on a collaborative and unified basis. Their objective is to establish a world-class economy in Northern Kentucky by expanding existing businesses and attracting high-quality, primary industry employers. The corporation employs a team of 14 individuals in their mission to enhance the local economy.


Official website here: www.northernkentuckyusa.com

Is Tri-County Economic Development Corporation legitimate?

Tri-County Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Tri-County Economic Development Corporation 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: $304,533
Professional Fundraising Fees: $0
Other Salaries and Wages: $797,677

For more financial information, click here


Official website here: www.northernkentuckyusa.com

What is the mission statement of Tri-County Economic Development Corporation?

The Tri-County Economic Development Corporation aims to establish a renowned economy in an unspecified region by fostering the growth of existing businesses and attracting high-quality primary industry employers. This organization provides economic development services on a collaborative basis, encompassing marketing, attraction, business retention and expansion, and entrepreneurial support. Their ultimate goal is to contribute to the economic prosperity of the region by creating job opportunities and stimulating business growth.


Official website here: www.northernkentuckyusa.com

Who is the CEO of Tri-County Economic Development Corporation?

Lee Crume is the Director of Tri-County Economic Development Corporation.


Official website here: www.northernkentuckyusa.com

What is the revenue of Tri-County Economic Development Corporation?

Tri-County Economic Development Corporation's revenue in 2022 was $3,157,156.


Official website here: www.northernkentuckyusa.com

Who are the executives of Tri-County Economic Development Corporation and what are their salaries?

The average compensation at Tri-County Economic Development Corporation during 2022 was $78,729. There are 14 employees at Tri-County Economic Development Corporation.


Here are 26 key members and their salaries:


Robert A Heil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candace Mcgraw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Pendery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hengelbrok (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Knochelmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Dressman (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda Whitaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Parsons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Banta (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashish Vaidya (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernando Figueroa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimm Lauterbach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garren Colvin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin Beynon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Normand Desmarais (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrian Hothem (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Brandstetter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carey Sanders (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Guidugli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Halpin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Henning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mocker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee A Crume (President)
  • Compensation: $321,851
  • Related: $0
  • Other: $6,612
Kimberly Rossetti (Vice President Of Economic)
  • Compensation: $117,167
  • Related: $0
  • Other: $9,277
Christine Russell (Vice President Of Strategy)
  • Compensation: $143,235
  • Related: $0
  • Other: $4,433


Official website here: www.northernkentuckyusa.com

Where can I find the form 990 for Tri-County Economic Development Corporation?

Tri-County Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.northernkentuckyusa.com

Learn more at the official website: www.northernkentuckyusa.com

Mission Statement of Tri-County Economic Development Corporation

Tri-County Economic Development Corporation, a prominent entity in the economic development sector, is committed to building a world-class economy in northern Kentucky. This mission is achieved through two primary strategies. Firstly, the corporation focuses on expanding existing businesses within the region. By supporting these established enterprises, the organization aims to foster growth and sustainability within the local economy.

Secondly, Tri-County Economic Development Corporation seeks to attract high-quality, primary industry employers to the area. This strategic move introduces new job opportunities and stimulates the economy, ultimately contributing to the overall development of northern Kentucky. By providing economic development services to Boone, Campbell, and Kenton counties, as well as the municipalities and business interests within these areas, the corporation operates on a regional, cooperative, and unified basis. This collaborative approach ensures a comprehensive and effective strategy for economic growth in northern Kentucky.

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Impact




October, 2024

The Tri-County Economic Development Corporation significantly enhances the economy of Northern Kentucky by focusing on the growth and sustainability of local businesses. Its core mission is to create a world-class economy in Boone, Campbell, and Kenton counties through targeted strategies that promote the expansion of existing businesses and attract high-quality primary industry employers.

The organization provides essential economic development services, including marketing initiatives designed to elevate the region's profile to potential investors and employers. By fostering collaboration among municipalities and business interests, it ensures a unified approach to economic growth.

Additionally, the Tri-County Economic Development Corporation prioritizes business retention and expansion. This involves identifying and addressing the needs of local businesses, providing them with the necessary resources and support to thrive and remain competitive.

Entrepreneurial support is another crucial area of its impact, as the organization encourages new business ventures and innovation within the community. By nurturing a favorable environment for entrepreneurship, it enhances job creation and contributes to a diverse and dynamic economic landscape.

Overall, the Tri-County Economic Development Corporation plays a vital role in shaping a strong and resilient economy in Northern Kentucky, benefiting both the local community and the broader region.




This information is meant to be a general summary of Tri-County Economic Development Corporation. 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
$3,157,156 (2022)
Expenses
$2,381,999 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $326,806
  • Gross Receipts: $3,743,351

Assets and Liabilities:

  • Total Assets: $3,479,036
  • Total Liabilities: $36,391
  • Net Assets: $3,442,645

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Organization Details

Founding Year

1987

Principal Officer

Lee Crume

Main Address

300 BUTTERMILK PIKE SUITE 332, FT MITCHELL, KY, 41017

NTEE Category

Code: S30 - Community improvement

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