Form 990 for tax year 2025
Filed by HOPKINS COUNTY DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $44,304
- Total expenses
- $403
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $36,707
- Other revenue
- $7,597
- Total assets, end of year
- $1,584,265
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,584,265
- Program services expenses (Part IX)
- $323
- Management and general expenses
- $80
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $323
Program services were 80.1% 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.
-
3 · Investment income
total $36,707 · excluded $36,707
-
10a · Gross sales of inventory
$332,885
-
10b · Cost of goods sold
$328,388
-
10c · Net income from sales of inventory
total $4,497 · excluded $4,497
-
11a · Other revenue: FARM RENTAL
total $3,100 · excluded $3,100
-
11e · Other revenue, total
$3,100
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $80 · management and general $80
-
24a · Other expenses: MISC
total $323 · program services $323
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $95,197 · end of year $62,419
-
2 · Savings and temporary cash investments
beginning of year $1,003,542 · end of year $1,371,754
-
7 · Other notes and loans receivable
beginning of year $27,366
-
8 · Inventories for sale or use
beginning of year $408,321 · end of year $150,092
-
27 · Net assets without donor restrictions
beginning of year $1,534,426 · end of year $1,584,265
Mission and programs · 2025
Mission
TO AID INDIVIDUAL COMPANIES IN NEED OF FINANCING, IN ORDER TO DEVELOP PROPERTY IN HOPKINS COUNTY TO PROVIDE ADDITIONAL JOBS IN A RURAL AREA OF KENTUCKY. TO PROVIDE FUNDING FOR ENDOWED PROFESSORSHIPS TO PROVIDE THE BEST POSSIBLE TRAINED HEALTH PROFESSIONALS FOR EMPLOYMENT CONSIDERATION WITH AREA HEALTHCARE PROVIDERS AND HOSPITALS.
-
TO AID INDIVIDUAL COMPANIES IN NEED OF FINANCING, IN ORDER TO DEVELOP PROPERTY IN HOPKINS COUNTY TO PROVIDE ADDITIONAL JOBS IN A RURAL AREA OF KENTUCKY.
Expenses $323
-
PROVIDE GRANTS TO NONPROFIT ORGANIZATIONS IMPROVING THE LIVES OF CITIZENS IN THE RURAL WORKFORCE AREA. BOBBY AND PATTY DAMPIER ENDOWMENT FOR COMMUNITY AND PROFESSIONAL EXCELLENCE WILL ENHANCE EDUCATIONAL OPPORTUNITIES IN THE COMMUNITY.
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kim AshbyKIM ASHBY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Steve CoxSTEVE COX
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Bobby H DampierBOBBY H DAMPIER
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Bill RuddBILL RUDD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kent WaideKENT WAIDE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
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
- 2025
- Filed
- 12 February 2026
- IRS schema version
- 2025v4.0
- Source object
- 202640649349300749
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.