Kentuckians For Better Transportation Inc is located in Frankfort, KY. The organization was established in 1979. According to its NTEE Classification (W24) the organization is classified as: Citizen Participation, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2024, Kentuckians For Better Transportation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentuckians For Better Transportation 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 06/2024, Kentuckians For Better Transportation Inc generated $651.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $626.9k during the year ending 06/2024. While expenses have increased by 6.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
KBT EDUCATES AND ADVOCATES FOR ALL MODES OF TRANSPORTATION TO PROMOTE A SAFE, SUSTAINABLE NETWORK THAT BRINGS ECONOMIC GROWTH AND IMPROVED QUALITY OF LIFE TO ALL KENTUCKY COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EACH YEAR KBT HOSTS KENTUCKY'S PREMIER TRANSPORTATION NETWORKING AND EDUCATIONAL EVENT.
KBT HOSTS A TWO-DAY WASHINGTON, D.C. FLY-IN EVENT IN MID-MAY. PARTICIPATION IN THE FLY-IN IS OPEN TO ALL KBT MEMBERS AND PROVIDES MEMBERS WITH UNPARALLELED ACCESS TO THE KENTUCKY CONGRESSIONAL DELEGATION, THEIR STAFFS AND TRANSPORTATION OFFICIALS.
KBT HOSTS A MID-YEAR REVIEW TO EDUCATE THE MEMBERSHIP ABOUT THE INDUSTRY AND THE ECONOMY. MORE THAN 200 PEOPLE ATTEND THIS EVENT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Kirchner Executive Director | Trustee | 40 | $153,275 |
Michael Cansler Past Chair | OfficerTrustee | 1 | $0 |
Steven Lee CPA Director | Trustee | 1 | $0 |
Steven Henderson Director | Trustee | 1 | $0 |
Brandon Saylor Director | Trustee | 1 | $0 |
Amanda Schoonover Director | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $644,292 |
| Investment income | $7,485 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $651,777 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $155,544 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,823 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,070 |
| Payroll taxes | $17,019 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,650 |
| Fees for services: Lobbying | $12,450 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,286 |
| Advertising and promotion | $19,564 |
| Office expenses | $6,743 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,862 |
| Travel | $26,030 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $237,742 |
| Interest | $99 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,166 |
| Insurance | $4,809 |
| All other expenses | $0 |
| Total functional expenses | $626,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $480,235 |
| Savings and temporary cash investments | $128,561 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,775 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,340 |
| Net Land, buildings, and equipment | $11,477 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $639,388 |
| Accounts payable and accrued expenses | $7,647 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,647 |
| Net assets without donor restrictions | $631,741 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $639,388 |