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EIN 61-1347516

Ashland Alliance Corporation

IRS 501(c) type
501(c)(6)
Num. employees
4
City
Ashland
State
Kentucky
Year formed
1999
Most recent tax filings
2022-12-01
NTEE code, primary
S41: Promotion of Business
Description
Ashland Alliance Corporation aims to create an environment that supports existing business expansion and retention, as well as recruit new businesses and industry. It provides services to meet the needs of its member businesses in Boyd and Greenup counties, helping them grow and stay competitive. Additionally, it supports economic development activities to attract new business and expand existing ones.
Total revenues
$464,467
2022
Total expenses
$497,421
2022
Total assets
$148,375
2022
Num. employees
4
2022

Program areas at Ashland Alliance Corporation

To create an environment which supports the needs of the existing member businesses in boyd and greenup counties and provide services to help them grow and be competitive.
Provide support to attract new business and expand current businesses through economic development activities.

Who funds Ashland Alliance Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
King's Daughters Medical Center / Ashland Hospital Corporation (KDMC)Sponsorship of Community Event$8,325

Personnel at Ashland Alliance Corporation

NameTitleCompensation
Tim GibbsPresident and CEO$125,000
John M SpearsTreasurer$0
Kevin HalterDirector$0
Delinda BordenSecretary$0
Jeff ElswickDirector$0
...and 2 more key personnel

Financials for Ashland Alliance Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$382,534
Program services$2,925
Investment income and dividends$85
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$78,923
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$464,467

Form 990s for Ashland Alliance Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-09-13990View PDF
2021-122022-11-09990View PDF
2020-122021-07-21990View PDF
2019-122021-06-07990View PDF
2018-122019-06-19990View PDF
...and 9 more Form 990s
Data update history
October 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 27, 2023
Updated personnel
Identified 19 new personnel
September 24, 2023
Received grants
Identified 1 new grant, including a grant for $8,325 from King's Daughters Medical Center / Ashland Hospital Corporation (KDMC)
August 5, 2023
Posted financials
Added Form 990 for fiscal year 2021
April 8, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Economic developmentBusiness and industry
Characteristics
MembershipsFundraising eventsOperates internationallyState / local levelFundraising races, competitions, and tournaments
General information
Address
C/O John Spears PO Box 990
Ashland, KY 41105
Metro area
Huntington-Ashland, WV-KY-OH
County
Boyd County, KY
Website URL
ashlandalliance.com/ 
Phone
(606) 324-5111
IRS details
EIN
61-1347516
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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