Form 990 for tax year 2022
Filed by HENDERSON COUNTY ECONOMIC DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $446,098
- Total expenses
- $394,480
- Contributions and grants received
- $445,950
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $148
- Other revenue
- $0
- Total assets, end of year
- $298,396
- Total liabilities, end of year
- $7,211
- Net assets or fund balances, end of year
- $291,185
- Program services expenses (Part IX)
- $69,751
- Management and general expenses
- $324,729
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $69,751
Program services were 17.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$393,750
-
1f · All other contributions, gifts and grants
$52,200
-
2a · Program service revenue: HENDERSON REGIONAL IND
-
3 · Investment income
total $148 · related or exempt $148
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $200,293 · management and general $200,293
-
7 · Other salaries and wages
total $11,492 · management and general $11,492
-
9 · Other employee benefits
total $18,432 · management and general $18,432
-
10 · Payroll taxes
total $15,632 · management and general $15,632
-
11c · Fees: accounting
total $1,975 · management and general $1,975
-
13 · Office expenses
total $8,523 · management and general $8,523
-
14 · Information technology
total $6,553 · management and general $6,553
-
16 · Occupancy
total $21,167 · management and general $21,167
-
17 · Travel
total $5,031 · management and general $5,031
-
19 · Conferences, conventions and meetings
total $12,980 · management and general $12,980
-
22 · Depreciation, depletion and amortization
total $3,620 · management and general $3,620
-
23 · Insurance
total $2,949 · management and general $2,949
-
24a · Other expenses: 51400 MISC
total $2,716 · management and general $2,716
-
24b · Other expenses: 50800 DUES AND SUBS
total $12,645 · management and general $12,645
-
24c · Other expenses: 50850 GIFTS
total $721 · management and general $721
-
24e · All other expenses
total $69,751 · program services $69,751
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $220,161 · end of year $273,075
-
3 · Pledges and grants receivable
beginning of year $12,250 · end of year $13,000
-
10a · Land, buildings and equipment: cost or other basis
$29,182
-
10b · Land, buildings and equipment: accumulated depreciation
$16,861
-
10c · Land, buildings and equipment, net
beginning of year $13,892 · end of year $12,321
-
17 · Accounts payable and accrued expenses
beginning of year $6,736 · end of year $7,211
-
29 · Capital stock, trust principal or current funds
beginning of year $134,507
-
31 · Retained earnings, endowment or other funds
beginning of year $105,060 · end of year $291,185
Mission and programs · 2022
Mission
COMMITTED TO HELPING BUSINESS SUCCEED AND GROW IN NORTHWEST KY INCLUDING EXISTING INDUSTRIES, WORKFORCE DEVELOPMENT AND TARGETED SECTORS TO BRING IN NEW INDUSTRIES
-
ATTRACT NEW BUSINESS1. HENDERSON DISTILLING CO OPENED WITH THE HELP OF KEDFA INCENTIVES2. RIVER VIEW COAL3. JAGOE HOMES CREATING MAJOR HOME DEVELOPMENT TO PROVIDE HOUSING FOR NEW JOBS4. HIGHLIGHTED THE CAREER AND TECHNICAL EDUCATION UNIT AT THE HIGH SCHOOL5. AREAS OF FUTURE DEVELOPMENT
Expenses $44,823
-
COMMUNITY DEVELOPMENT PROJECT AND INDUSTRY RETENTION AND EXPANSIONSITE VISITSTALENT ATTRACTIONDIGITAL WORKFORCE ATTRACTION
Expenses $24,928
As filed on the 2022 return.
Listed in Part VII
-
Melissa VanderpoolMELISSA VANDERPOOL
EXECUTIVE DIRECTOR
- Total calculated
- $86,018
- From this org
- $80,461
- From related orgs
- $0
- Other
- $5,557
- Hours/week
- 40
-
Whitney RisleyWHITNEY RISLEY
DIR EXISTING INDUSTRY
- Total calculated
- $71,027
- From this org
- $68,362
- From related orgs
- $0
- Other
- $2,665
- Hours/week
- 40
-
Stephanie L LucasSTEPHANIE L LUCAS
BOOKKEEPER
- Total calculated
- $32,338
- From this org
- $32,338
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Kate McIndooKATE MCINDOO
DIR COMMUNICATIONS
- Total calculated
- $19,547
- From this org
- $19,132
- From related orgs
- $0
- Other
- $415
- Hours/week
- 40
-
Lindsay LocastoLINDSAY LOCASTO
EX-OFFICIO
- Total calculated
- $0
- Hours/week
- 0
-
Greg PritchettGREG PRITCHETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Brad BickettBRAD BICKETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Brad StatonBRAD STATON
MAYOR
- Total calculated
- $0
- Hours/week
- 0
-
Kate GrealishKATE GREALISH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Brad SchneiderBRAD SCHNEIDER
CO JUDGE EXEC DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Tony KrampeTONY KRAMPE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Brian HawkesBRIAN HAWKES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Bob McIndooBOB MCINDOO
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 0
-
Jason WarrenJASON WARREN
CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Tom BeckertTOM BECKERT
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
Ben JohnstonBEN JOHNSTON
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431359349308008
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.