Blue North Ky Inc

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

EIN: 870822775 ✦ Covington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Blue North Ky Inc?

Blue North Ky Inc, situated in Covington, Kentucky, is a nonprofit organization that receives grants from the Commonwealth of Kentucky. Their primary mission is to offer charitable and educational assistance to entrepreneurs, startups, and small businesses, aiming to help them establish scalable businesses. With a small team of three dedicated individuals, Blue North Ky Inc serves as a valuable resource for local businesses, providing them with the necessary support to grow and thrive.

Is Blue North Ky Inc legitimate?

Blue North Ky Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue North Ky 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,902

For more financial information, click here

What is the mission statement of Blue North Ky Inc?

Blue North Ky Inc, operating under grants from the Commonwealth of Kentucky, is committed to providing charitable and educational assistance to entrepreneurs, start-ups, and small businesses. Their mission is to help these entities create scalable businesses. They offer assistance in various aspects, aiming to foster the growth and success of these businesses. Their activities primarily focus on providing the necessary resources and support to navigate the challenges faced by start-ups and small businesses.

Who is the CEO of Blue North Ky Inc?

David Knox is the Judge Executive of Blue North Ky Inc.

What is the revenue of Blue North Ky Inc?

Blue North Ky Inc's revenue in 2023 was $595,912.

Who are the executives of Blue North Ky Inc and what are their salaries?

The average compensation at Blue North Ky Inc during 2023 was $66,967. There are 3 employees at Blue North Ky Inc.


Here are 11 key members and their salaries:


Kris Knochelmann (Judge Executive)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Russel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Hollenkamp (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Simmon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Saunders (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Knox (Director)
  • Compensation: $78,753
  • Related: $0
  • Other: $0
Brian Cobb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rico Grant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Summe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Wimmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Hickerson (Former Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Blue North Ky Inc?

Blue North Ky Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Blue North Ky Inc

Blue North Ky Inc, a nonprofit organization, operates under grants provided by the Commonwealth of Kentucky. Its primary mission is to offer charitable and educational assistance to entrepreneurs, startups, and small businesses. This assistance aims to help these entities create scalable businesses. In essence, Blue North Ky Inc is committed to supporting the growth and development of small businesses and startups in Kentucky, providing them with the necessary resources to thrive and succeed.

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Impact




October, 2024

Blue North Ky Inc plays a significant role in fostering economic growth and development in Covington, Kentucky, by providing essential resources and support to entrepreneurs, startups, and small businesses. Through its collaboration with the Commonwealth of Kentucky, the organization offers charitable and educational assistance designed to empower individuals and entities with the skills and knowledge necessary to create scalable businesses.

The impact of Blue North Ky Inc extends beyond individual entrepreneurs; it contributes to the overall business ecosystem in the region. By nurturing new ventures, the organization helps stimulate job creation, encourages innovation, and supports community development. The educational programs and resources available enable startups to navigate challenges, enhance their business strategies, and increase their chances of success.

Through its targeted initiatives, Blue North Ky Inc also plays a critical role in ensuring that a diverse range of businesses can thrive, thereby strengthening the local economy and improving the quality of life for residents in the area. Its mission emphasizes not only the importance of individual business success but also the broader public benefit derived from a vibrant and sustainable business community.




This information is meant to be a general summary of Blue North Ky 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
$595,912 (2023)
Expenses
$537,262 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $902
  • Gross Receipts: $595,912

Assets and Liabilities:

  • Total Assets: $134,655
  • Total Liabilities: $42,723
  • Net Assets: $91,932

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Organization Details

Founding Year

2020

Principal Officer

David Knox

Main Address

112 WEST PIKE STREET, COVINGTON, KY, 41011

NTEE Category

Code: W208 - Public benefit

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