Program areas at Madisonville-Hopkins County Economic Development Corporation
To maintain, enhance, improve, and enlarge the employment base of the citizens and residents of madisonville and hopkins County.
Maker space - the investment will facilitate an entrepreneurial ecosystem in the region that will focus on transforming displaced coal workers and spouses of displaced workers into entrepreneurs in hopkins and muhlenberg counties.
To promote industrial facilities and land to prospective industries.
Fundraising - fundraising event held to generate funds for the continued operation of the maker space as well as an opportunity for small business owners to showcase their products for a substantial audience in the region.
Who funds Madisonville-Hopkins County Economic Development Corporation
Grants from foundations and other nonprofits
Personnel at Madisonville-Hopkins County Economic Development Corporation
| Name | Title | Compensation | Date of data |
|---|
| Kelly Forbes | Executive Director , Operations and Communications | | 2024-10-14 |
| Bill Rudd | President | $0 | 2024-10-14 |
Financials for Madisonville-Hopkins County Economic Development Corporation
| Revenues | FYE 06/2024 | FYE 06/2023 | % Change |
|---|
| Total grants, contributions, etc. | $514,592 | $461,513 | 11.5% |
| Program services | $69,320 | $61,356 | 13% |
| Investment income and dividends | $57,083 | $31,525 | 81.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $11,188 | -100% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $750 | $1,167 | -35.7% |
| Total revenues | $641,745 | $566,749 | 13.2% |
Organizations like Madisonville-Hopkins County Economic Development Corporation
| Organization | Type | Location | Revenue |
|---|
| Gallup Bid | 501(c)(3) | Gallup, NM | $248,391 |
| West Central Development Council | 501(c)(3) | Carlinville, IL | $1,574,282 |
| Langlade County Economic Development Corporation | 501(c)(3) | Antigo, WI | $391,544 |
| Wichita County Economic Development | 501(c)(3) | Leoti, KS | $285,113 |
| Main South Community Development Corporation | 501(c)(3) | Worcester, MA | $3,070,612 |
| Appalachian Investors Alliance | 501(c)(3) | Knoxville, TN | $672,500 |
| Southeast Economic Development Fund | 501(c)(3) | Park Hills, MO | $193,678 |
| Kodiak Economic Development Corporation | 501(c)(3) | Kodiak, AK | $270,259 |
| New North | 501(c)(3) | Green Bay, WI | $1,851,408 |
| Long Island Development Corporation | 501(c)(3) | Hauppauge, NY | $623,735 |
Data update history
October 14, 2024
Updated personnel
Identified 9 new personnel
January 23, 2024
Updated personnel
Identified 1 new personnel
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
- Address
- PO Box 745
- Madisonville, KY 42431
- County
- Hopkins County, KY
- Website URL
- westcentralky.com/Â
- Phone
- (270) 821-1939
IRS details
- EIN
- 61-1264426
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1994
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Independent
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