EIN 61-1320759

Louisville Medical Center Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1997
Most recent tax filings
2023-06-01
Description
To hold and administer tax incremental financing (tif) for the Louisville life and health sciences signature tif project and promotion and Development of joint Medical or Medical related projects. To act as an instrumentality of the university of Louisville foundation, inc. In the promotion and Development of Medical related projects.
Related structure
Louisville Medical Center Development Corporation is a subordinate organization under University of Louisville Real Estate Foundation.
Total revenues
$21,350,030
2023
Total expenses
$26,348,417
2023
Total assets
$88,271,663
2023
Num. employees
0
2023

Program areas at Louisville Medical Center Development Corporation

To hold and administer tax increment financing for the Louisville life and health sciences signature tif project and university of Louisville research park project.

Grants made by Louisville Medical Center Development Corporation

GranteeGrant descriptionAmount
University of Louisville Real Estate FoundationGeneral Support$21,903,002

Who funds Louisville Medical Center Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
University of Louisville Real Estate FoundationGeneral Support$67,000

Personnel at Louisville Medical Center Development Corporation

NameTitleCompensation
Keith ShermanChair$0
Ken PayneVice Chair and Secretary / Director / Vice Chair$0
Jason TomlinsonChief Financial Officer and Assistant Treasurer$0

Financials for Louisville Medical Center Development Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$21,151,399
Program services$0
Investment income and dividends$198,631
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$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$21,350,030

Form 990s for Louisville Medical Center Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-09990View PDF
2022-062023-05-11990View PDF
2021-062022-05-11990View PDF
2020-062021-05-18990View PDF
2019-062020-08-19990View PDF
...and 9 more Form 990s
Data update history
July 11, 2024
Received grants
Identified 1 new grant, including a grant for $67,000 from University of Louisville Real Estate Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 1 new personnel
May 20, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizationsCharities
Issues
HealthCommunity improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
Address
215 Central Ave Ste 212
Louisville, KY 40208
Metro area
Louisville/Jefferson County, KY-IN
County
Jefferson County, KY
Phone
(502) 212-8200
IRS details
EIN
61-1320759
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Subordinate organization
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