Kentucky Consumer Finance Association Inc
- Assets
- $243.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Frankfort, KY
- Founding
- 12/1958
- Data as of
- 12/2021
- EIN
- 61-0549102
Organization Overview
Kentucky Consumer Finance Association Inc is located in Frankfort, KY. The organization was established in 1958. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Consumer Finance Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Kentucky Consumer Finance Association Inc generated $55.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $53.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ADVOACY FOR CONSUMER FINANCE BUSINESSES WHO ARE MEMBERS OF THE ASSOCIATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Miller President | 2 | $0 | |
John Stevenson Secretary/tr | 2 | $0 | |
Patrick Oliver Vice Preside | 2 | $0 | |
Dustin Miller Exec Vp/asst | 2 | $0 | |
Rd Adams Director | 0 | $0 | |
Eddie Cain Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $55,131 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,131 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $48,725 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,382 |
| Total expenses | $53,107 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $243,815 |
| Other assets | $0 |
| Total assets | $243,815 |
| Total liabilities | $0 |
| Net assets or fund balances | $243,815 |
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