Overview
What is Kentucky Association For Economic Development Inc?
Kentucky Association for Economic Development Inc., headquartered at 101 Burch Court, Frankfort, KY 40601, is a nonprofit organization with a mission to educate, advocate, and connect its members on matters that significantly impact economic development in the Commonwealth of Kentucky. With a team of three dedicated individuals, the association aims to foster a robust understanding of the economic landscape and advocate for policies that drive growth and prosperity. The organization operates an exclusive marketing program called Kentucky United, which provides unique opportunities for its member organizations.
Official website here: www.kaedonline.org
What do the Facebook reviews say about Kentucky Association For Economic Development Inc?
94% of 12 reviewers on Facebook recommend the Kentucky Association for Economic Development Inc. Here is a summary of their reviews:
Many supporters express enthusiasm for the organization, highlighting its role in educating and advocating for economic growth in Kentucky. Reviewers appreciate the strong network it fosters among members, which includes individuals from various regions, working collaboratively towards enhancing opportunities for future generations in the state.
Overall, there is a clear sentiment that the organization makes a significant positive impact, reinforcing its commitment to economic development in Kentucky and fostering a sense of community among its members.
This AI summary has been generated from reviews found on Facebook.
Is Kentucky Association For Economic Development Inc legitimate?
Kentucky Association For Economic Development Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Kentucky Association For Economic Development 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: $45,418
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,206
For more financial information, click here
Official website here: www.kaedonline.org
What is the mission statement of Kentucky Association For Economic Development Inc?
The Kentucky Association for Economic Development Inc. is committed to educating, advocating, and connecting with its members regarding matters significant to the economic growth in the Commonwealth of Kentucky. Their purpose is multifaceted, aiming to keep members informed, influence policies, and foster a network within the economic development sector. As part of their offerings, they provide an exclusive marketing program called Kentucky United, available exclusively to their member base.
Official website here: www.kaedonline.org
Who is the CEO of Kentucky Association For Economic Development Inc?
Haley S Mccoy is the Director of Kentucky Association For Economic Development Inc. The CEO's salary of Kentucky Association For Economic Development Inc is $37,386 and their total compensation is $37,386.
Official website here: www.kaedonline.org
What is the revenue of Kentucky Association For Economic Development Inc?
Kentucky Association For Economic Development Inc's revenue in 2022 was $1,883,550.
Official website here: www.kaedonline.org
Who are the executives of Kentucky Association For Economic Development Inc and what are their salaries?
The average compensation at Kentucky Association For Economic Development Inc during 2022 was $43,875. There are 3 employees at Kentucky Association For Economic Development Inc.
Here are 15 key members and their salaries (Kentucky Association For Economic Development Inc's CEO's salary is $37,386 and their total compensation is $37,386):
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- Compensation: $37,386
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Official website here: www.kaedonline.org
Where can I find the form 990 for Kentucky Association For Economic Development Inc?
Kentucky Association For Economic Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kaedonline.org
Learn more at the official website: www.kaedonline.org
Mission Statement of Kentucky Association For Economic Development Inc
Kentucky Association for Economic Development Inc, in its mission, focuses on educating, advocating, and connecting with its members regarding matters significant to the economic development within the Commonwealth of Kentucky. By doing so, the organization aims to contribute to the overall well-being and growth of the economy within the region. The association serves as a platform that brings together various stakeholders, fostering a collaborative environment that helps address challenges and seize opportunities related to economic development.
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Impact
October, 2024
Kentucky Association For Economic Development Inc plays a crucial role in enhancing the economic landscape of the Commonwealth of Kentucky. By educating members on key issues related to economic development, the organization fosters a knowledgeable community that can effectively tackle challenges and seize opportunities.
Through advocacy efforts, it represents the interests of its members, ensuring that their voices are heard in discussions that shape economic policies and initiatives. Additionally, by providing networking opportunities, KAED facilitates connections among professionals in the field, promoting collaboration and the sharing of best practices.
Their exclusive marketing program, Kentucky United, further amplifies the visibility of its members, helping to showcase the potential of Kentucky as an optimal location for business and investment. Overall, KAED's impact is seen in its commitment to strengthening Kentucky's economy through education, advocacy, and community engagement.
This information is meant to be a general summary of Kentucky Association For Economic Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $19,301
- Program Service Revenue: $296,687
- Gross Receipts: $1,883,550
Assets and Liabilities:
- Total Assets: $3,478,711
- Total Liabilities: $253,856
- Net Assets: $3,224,855
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Corporate Sponsors
Revenue
$161,000
Event Registrations
Revenue
$51,170
Event Sponsorships
Revenue
$50,300
Kentucky United
Revenue
$34,217
Organization Details
Founding Year
1967
Phone
(502) 227-9653Principal Officer
Haley S Mccoy
Main Address
101 BURCH COURT, FRANKFORT, KY, 40601
Website
www.kaedonline.orgNTEE Category
Code: S40 - Community improvement
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