Western Kentucky Coal Association Memorial Fund Inc
- Assets
- $50.0k
- Revenue
- $6.6k
- Investments
- $47.8k
- Employees
- 0
- Location
- Madisonville, KY
- Founding
- 06/2014
- Data as of
- 11/2022
- EIN
- 46-3537949
Organization Overview
Western Kentucky Coal Association Memorial Fund Inc is located in Madisonville, KY. The organization was established in 2014. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Kentucky Coal Association Memorial Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2022, Western Kentucky Coal Association Memorial Fund Inc generated $6.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $25.7k during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE HIGHER EDUCATION TO THE CHILDREN OF THE WESTERN KENTUCKY COAL ASSOCIATION INC. MEMBER COMPANY'S EMPLOYEES KILLED ON THE JOB. THE MEMORIAL FUND WILL PROVIDE ANNUAL EDUCAITON GRANTS TO THE CHILDREN BASED ON AN APPLICATION SUBMITTED BY THE STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Nelson President | 0 | $0 | |
James Gooch Director | 0 | $0 | |
Joe Badgett Secretary/tr | 0 | $0 | |
Bradley Baldwin Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,267 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,330 |
| Capital Gain Net Income | $5,330 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,597 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $40 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,260 |
| Contributions, gifts, grants paid | $23,450 |
| Total expenses and disbursements | $25,710 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,252 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $47,797 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $50,049 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Western Kentucky Coal Association Memorial Fund Inc has awarded $23,450 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BAILEY WOODWARD PURPOSE: EDUCATIONAL EXPENSE | $12,880 |
LOGAN SMITH PURPOSE: EDUCATIONAL EXPENSE | $10,570 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Golf Club Of Tennessee Kingston Springs, TN | $25,072,540 | $8,179,428 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
National Consortium For Graduate Dgrs Minorities In Engineering Alexandria, VA | $15,486,907 | $10,356,249 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |
Bill And Carol Latimer Charitable Foundation Union City, TN | $129,837,485 | $34,799,223 |