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Pennyrile Developement Governmental Cent

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

EIN: 621287688 ✦ Hopkinsville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Pennyrile Developement Governmental Cent?

Pennyrile Development Governmental Center is a nonprofit management organization situated in Hopkinsville, Kentucky. Their primary role is to oversee and manage the fixed assets of associated nonprofit organizations. By doing so, they contribute to the overall financial stability and accountability of these affiliated entities.


Official website here: www.peadd.org

Is Pennyrile Developement Governmental Cent legitimate?

Pennyrile Developement Governmental Cent is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pennyrile Developement Governmental Cent 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.peadd.org

What is the mission statement of Pennyrile Developement Governmental Cent?

Pennyrile Developement Governmental Cent, as a nonprofit management organization, is dedicated to managing the fixed assets of its affiliated nonprofit organizations. Its primary function is to ensure the accurate accounting and maintenance of these assets, thereby supporting the operational efficiency and financial stability of its partner organizations. This role is crucial in enabling these nonprofits to focus on their core missions and serve their respective communities effectively. By managing the fixed assets, Pennyrile Developement Governmental Cent plays a vital role in strengthening the overall nonprofit sector.


Official website here: www.peadd.org

Who is the CEO of Pennyrile Developement Governmental Cent?

David Shore is the Director of Pennyrile Developement Governmental Cent.


Official website here: www.peadd.org

What is the revenue of Pennyrile Developement Governmental Cent?

Pennyrile Developement Governmental Cent's revenue in 2022 was $66.


Official website here: www.peadd.org

Who are the executives of Pennyrile Developement Governmental Cent and what are their salaries?


Here are 5 key members and their salaries:


Sherman Chaudoin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Walton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Shore (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Dearmond (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Liebe (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.peadd.org

Where can I find the form 990 for Pennyrile Developement Governmental Cent?

Pennyrile Developement Governmental Cent's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.peadd.org

Learn more at the official website: www.peadd.org

Mission Statement of Pennyrile Developement Governmental Cent

Pennyrile Development Governmental Cent, as a nonprofit management organization, is dedicated to a specific mission: accounting for the fixed assets of affiliated nonprofit organizations. This mission implies that Pennyrile Development plays a crucial role in managing and tracking the physical assets of other nonprofit organizations, ensuring their financial accountability and transparency. This service is vital for nonprofits, as properly managing their assets can significantly impact their overall financial health and ability to fulfill their own missions. By taking on this mission, Pennyrile Development Governmental Cent contributes to the overall effectiveness and sustainability of the nonprofit sector.

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Impact




October, 2024

The Pennyrile Development Governmental Center plays a crucial role in the management of fixed assets for affiliated organizations within the region. By effectively accounting for these assets, the Center ensures transparency and proper utilization of resources, which can lead to improved operational efficiency for community programs.

Located in Hopkinsville, KY, the Center’s work supports a variety of initiatives aimed at community improvement. Through its oversight, it fosters collaboration among local nonprofits, allowing them to focus more on their missions rather than the complexities of asset management. This collaborative environment enhances the ability of these organizations to deliver services and support to the community, ultimately contributing to the overall development and well-being of the Pennyrile region.

The impact of the Pennyrile Development Governmental Center is felt in strengthened community ties, increased operational effectiveness of local nonprofits, and the fostering of a resource-rich environment that benefits residents and stakeholders alike.




This information is meant to be a general summary of Pennyrile Developement Governmental Cent. 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
$66 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $66
  • Gross Receipts: $46,269

Assets and Liabilities:

  • Total Assets: $661,189
  • Total Liabilities: $554,767
  • Net Assets: $106,422

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Organization Details

Founding Year

1986

Principal Officer

David Shore

Main Address

300 HAMMOND DRIVE, HOPKINSVILLE, KY, 42240

NTEE Category

Code: S32Z - Community improvement

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