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EIN 61-1097619

Southeast Kentucky Economic Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
10
City
Somerset
State
Kentucky
Year formed
1986
Most recent tax filings
2023-06-01
NTEE code, primary
S30: Economic Development
Description
Southeast Kentucky Economic Development Corporation is an economic development organization in Somerset, KY whose mission is: To facilitate the Economic growth and Development of the southern Kentucky region.
Total revenues
$2,403,223
2023
Total expenses
$1,994,387
2023
Total assets
$28,639,191
2023
Num. employees
10
2023

Program areas at Southeast Kentucky Economic Development Corporation

Administers loan programs to qualified businesses for new and expanding industry in the service area.
Administers loan programs to qualified businesses for new and expanding

Who funds Southeast Kentucky Economic Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Appalachian Development AllianceCommunity Developmen$354,620

Personnel at Southeast Kentucky Economic Development Corporation

NameTitleCompensation
Frank RhodusChief Financial Officer$59,108
Brett TraverExecutive Director$171,053
Cheryl MeadowsCommunications Director
June BurtonDirector of Grants Management
Chris ColdironDirector of$108,563
...and 6 more key personnel

Financials for Southeast Kentucky Economic Development Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,363,614
Program services$1,072,226
Investment income and dividends$227,342
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$54,082
Net gain from sale of non-inventory assets$-321,365
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$7,324
Total revenues$2,403,223

Form 990s for Southeast Kentucky Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-15990View PDF
2022-062023-02-21990View PDF
2021-062022-01-05990View PDF
2020-062021-03-02990View PDF
2019-062020-01-28990View PDF
...and 9 more Form 990s
Data update history
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 16, 2023
Updated personnel
Identified 1 new personnel
June 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2020
April 26, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
2292 S Hwy 27
Somerset, KY 42501
County
Pulaski County, KY
Website URL
skedcorp.com/ 
Phone
(606) 677-6100
IRS details
EIN
61-1097619
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1986
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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