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Madisonville-Hopkins County Economic Development Corporation

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

EIN: 611264426 ✦ Madisonville, KY ✦ Designated as a 501(c)(3)

Overview

What is Madisonville-Hopkins County Economic Development Corporation?

Madisonville-Hopkins County Economic Development Corporation is a local nonprofit organization situated in Madisonville, Kentucky. With a small team of four dedicated individuals, their primary mission is to foster growth and development within the employment sector of Madisonville and Hopkins County. They aim to preserve, strengthen, and expand the region's job market by undertaking various initiatives. While specific details about their activities are not provided, it can be inferred that their work likely encompasses attracting new businesses, supporting existing industries, and encouraging entrepreneurship, ultimately contributing to the overall economic prosperity of the area.


Official website here: www.westcentralky.com

Is Madisonville-Hopkins County Economic Development Corporation legitimate?

Madisonville-Hopkins County Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madisonville-Hopkins 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $168,415

For more financial information, click here


Official website here: www.westcentralky.com

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

The Madisonville-Hopkins County Economic Development Corporation's mission is focused on enhancing the employment opportunities in the region. Specifically, their goal is to preserve, upgrade, and expand the local job market. This is done with the aim of benefiting the residents of Madisonville and Hopkins County, Kentucky. Their activities are geared towards fostering a thriving economic environment that provides ample employment opportunities for the local population.


Official website here: www.westcentralky.com

Who is the CEO of Madisonville-Hopkins County Economic Development Corporation?

Bill Rudd is the Director of Madisonville-Hopkins County Economic Development Corporation.


Official website here: www.westcentralky.com

What is the revenue of Madisonville-Hopkins County Economic Development Corporation?

Madisonville-Hopkins County Economic Development Corporation's revenue in 2023 was $566,749.


Official website here: www.westcentralky.com

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

The average compensation at Madisonville-Hopkins County Economic Development Corporation during 2023 was $42,104. There are 4 employees at Madisonville-Hopkins County Economic Development Corporation.

Here are 20 key members and their salaries:

    Joe Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Cotton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Hawkins (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marvin Hightower (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Albert Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brittaney Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Kelley (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brice Littlepage (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Skip Mcgaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Celeste Mosca (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronnie Noel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenny Sewell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dean Sheets (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Stevenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Vincent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Whitfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Zoellner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Rudd (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.westcentralky.com

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

    The Madisonville-Hopkins County Economic Development Corporation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.westcentralky.com

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

    Mission Statement of Madisonville-Hopkins County Economic Development Corporation

    The Madisonville-Hopkins County Economic Development Corporation is dedicated to upholding, enhancing, and expanding the employment opportunities within Madisonville and Hopkins County, Kentucky. This nonprofit organization aims to contribute positively to the livelihoods of the local citizens and residents by increasing the employment base in the region. By maintaining, improving, and enlarging this employment base, the corporation seeks to foster a prosperous and thriving community.

    Impact

    This information is meant to be a general summary of Madisonville-Hopkins County Economic Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    The Madisonville-Hopkins County Economic Development Corporation plays a crucial role in maintaining, enhancing, improving, and enlarging the employment base of Madisonville and Hopkins County, Kentucky. Through its efforts, the organization significantly impacts the economic growth and prosperity of the community by attracting new businesses, facilitating job creation, and fostering a favorable business environment. As a result, the corporation contributes to the overall well-being and quality of life for the citizens and residents of Madisonville and Hopkins County, making it an integral driver of economic development in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $31,525
  • Program Service Revenue: $61,356
  • Gross Receipts: $569,153

    • Assets and Liabilities:
  • Total Assets: $3,489,675
  • Total Liabilities: $2,206
  • Net Assets: $3,487,469
  • Programs

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

    RENT INCOME

    Revenue

    $27,166

    MAKER SPACE

    Revenue

    $26,133

    INNOVATION STATION

    Revenue

    $8,057

    Organization Details

    Founding Year

    1994

    Principal Officer

    Bill Rudd

    Main Address

    PO BOX 745, MADISONVILLE, KY, 42431

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Madisonville-Hopkins County Economic Development Corporation 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.