Nelson County Economic Development Agency Inc

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

EIN: 611332010 ✦ Bardstown, KY ✦ Designated as a 501(c)(6)

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Overview

What is Nelson County Economic Development Agency Inc?

Nelson County Economic Development Agency Inc, situated in Bardstown, Kentucky, is a nonprofit organization dedicated to fostering economic growth and development in the area. Their mission is to attract and retain industries, ensuring the continuity of industrial businesses within the community. To achieve this, they incur necessary expenses, as outlined in their financial reports, with the primary goal of maintaining an industrially vibrant environment. Collaborating closely with the City of Bardstown and Nelson County, Kentucky, they work tirelessly to serve both existing and newly established industries, contributing positively to the local employment scene.


Official website here: www.nceda.net

Is Nelson County Economic Development Agency Inc legitimate?

Nelson County Economic Development Agency Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Nelson County Economic Development Agency 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: $112,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,500

For more financial information, click here


Official website here: www.nceda.net

What is the mission statement of Nelson County Economic Development Agency Inc?

The Nelson County Economic Development Agency Inc, in collaboration with the City of Bardstown and Nelson County, Kentucky, is dedicated to promoting economic development. Their mission is centered around attracting and retaining industries within the community. The organization's activities extend to serving both new and existing industries, aiming to contribute to the economic growth and employment of the area. The organization's expenses are necessary to maintain current industrial businesses and continue attracting industries for future growth.


Official website here: www.nceda.net

Who is the CEO of Nelson County Economic Development Agency Inc?

Kimberly M Huston is the President of Nelson County Economic Development Agency Inc.


Official website here: www.nceda.net

What is the revenue of Nelson County Economic Development Agency Inc?

Nelson County Economic Development Agency Inc's revenue in 2022 was $435,039.


Official website here: www.nceda.net

Who are the executives of Nelson County Economic Development Agency Inc and what are their salaries?

The average compensation at Nelson County Economic Development Agency Inc during 2022 was $80,575. There are 2 employees at Nelson County Economic Development Agency Inc.


Here are 8 key members and their salaries:


Kimberly Huston (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Watts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dick Heaton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Mccoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ballard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Downs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Mccloskey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Higdon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nceda.net

Where can I find the form 990 for Nelson County Economic Development Agency Inc?

Nelson County Economic Development Agency Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nceda.net

Learn more at the official website: www.nceda.net

Mission Statement of Nelson County Economic Development Agency Inc

Nelson County Economic Development Agency Inc, a vital organization, collaborates with the City of Bardstown and Nelson County, Kentucky, with a shared mission. This mission aims to stimulate economic growth and development by attracting and retaining industries within the community. The agency serves both new and existing industries, ensuring the continued prosperity and employment opportunities in the region. The organization's expenditures, essential for maintaining current industrial businesses and attracting new industries, are reported in their financial records. By successfully executing this mission, Nelson County Economic Development Agency Inc contributes significantly to the economic well-being and employment prospects of Bardstown and Nelson County.

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Impact




October, 2024

The Nelson County Economic Development Agency Inc plays a crucial role in promoting economic development and enhancing job opportunities in Bardstown and Nelson County, Kentucky. By focusing on attracting and retaining industries, the agency helps create a thriving economic environment essential for community growth.

Their efforts contribute to the stability of existing businesses while fostering an attractive landscape for new industries. This not only bolsters employment levels but also improves overall quality of life in the region. Through strategic initiatives, the agency collaborates with local government to ensure that both new and existing industries receive the support they need to thrive, ultimately driving economic progress and enhancing the community's future.




This information is meant to be a general summary of Nelson County Economic Development Agency 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
$435,039 (2022)
Expenses
$443,730 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $78
  • Program Service Revenue: $180,106
  • Gross Receipts: $438,399

Assets and Liabilities:

  • Total Assets: $140,061
  • Total Liabilities: $12,249
  • Net Assets: $127,812

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Programs

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

MAINSTREET PROGRAM

Revenue

$180,106

Organization Details

Founding Year

1998

Principal Officer

Kimberly M Huston

Main Address

ONE COURT SQUARE, BARDSTOWN, KY, 40004

NTEE Category

Code: S41 - Community improvement

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