Form 990 for tax year 2025
Filed by BOWLING GREEN AREA ECONOMIC DEVELOPMENT AUTHORITY INC.
Totals
- Total revenue
- $1,204,734
- Total expenses
- $1,098,620
- Contributions and grants received
- $187,500
- Grants paid
- $0
- Program service revenue
- $764,634
- Investment income
- $193,336
- Other revenue
- $59,264
- Total assets, end of year
- $9,018,479
- Total liabilities, end of year
- $15,933
- Net assets or fund balances, end of year
- $9,002,546
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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.
-
1e · Government grants (contributions)
$187,500
-
2a · Program service revenue: RENTAL INCOME
total $764,634 · excluded $764,634
-
3 · Investment income
total $193,336 · excluded $193,336
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $59,264 · related or exempt $59,264
-
11e · Other revenue, total
$59,264
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $635,000
-
11b · Fees: legal
total $7,990
-
11c · Fees: accounting
total $19,525
-
11g · Fees: other
total $20,463
-
12 · Advertising and promotion
total $187,246
-
13 · Office expenses
total $230
-
22 · Depreciation, depletion and amortization
total $156,770
-
23 · Insurance
total $8,776
-
24a · Other expenses: PROPERTY TAXES
total $60,281
-
24b · Other expenses: MISCELLANEOUS
total $2,339
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,527,478 · end of year $4,537,094
-
2 · Savings and temporary cash investments
beginning of year $3,532,339 · end of year $3,781,959
-
4 · Accounts receivable
beginning of year $5,208 · end of year $17,448
-
8 · Inventories for sale or use
beginning of year $169,620 · end of year $169,620
-
9 · Prepaid expenses and deferred charges
beginning of year $30,580 · end of year $8,515
-
10a · Land, buildings and equipment: cost or other basis
$5,483,940
-
10b · Land, buildings and equipment: accumulated depreciation
$4,980,097
-
10c · Land, buildings and equipment, net
beginning of year $642,631 · end of year $503,843
-
17 · Accounts payable and accrued expenses
beginning of year $7,339 · end of year $15,836
-
25 · Other liabilities
beginning of year $4,085 · end of year $97
-
27 · Net assets without donor restrictions
beginning of year $8,851,148 · end of year $8,957,008
-
28 · Net assets with donor restrictions
beginning of year $45,284 · end of year $45,538
Mission and programs · 2025
Mission
THE EDA WAS ORGANIZED TO PROVIDE RESOURCES WITH AN ECONOMIC DEVELOPMENT VISION TO SEEK AND ASSIST IN ESTABLISHING INDUSTRIAL PARKS BY OFFERING INCENTIVE PACKAGES AND CREATING A TEAM FOR ONGOING COMMUNITY DEVELOPMENT IN THE SOUTH CENTRAL KENTUCKY AREA.
-
THE EDA RECRUITS NEW INDUSTRY TO BOWLING GREEN/WARREN COUNTY AND RETAIN EXISTING BUSINESSES.
As filed on the 2025 return.
Listed in Part VII
-
Brad HowardBRAD HOWARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Danny BertottiDANNY BERTOTTI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kim ThomasKIM THOMAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alex DowningALEX DOWNING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Clay PendletonCLAY PENDLETON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris HigginsCHRIS HIGGINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alex NottmeierALEX NOTTMEIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ann PuckettANN PUCKETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Travis KellerTRAVIS KELLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gaines PennGAINES PENN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brent ChildersBRENT CHILDERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian MeffordBRIAN MEFFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Todd MatthewsTODD MATTHEWS
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Barker AndyBARKER ANDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Downing BryanDOWNING BRYAN
DIRECTOR
- 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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
BOWLING GREEN AREA CHAMBER OF COMMERCE
501(C)(6) · PROVIDES MANAGEMENT, MARKETING AND CLERICAL SERVICES · KY
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 7 July 2026
- IRS schema version
- 2025v4.2
- Source object
- 202641919349300129
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.