Scott County United Inc
- Assets
- $1.0m
- Revenue
- $309.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Georgetown, KY
- Founding
- 03/1987
- Data as of
- 06/2022
- EIN
- 61-1095919
Organization Overview
Scott County United Inc is located in Georgetown, KY. The organization was established in 1987. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scott County United 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 06/2022, Scott County United Inc generated $309.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.7% each year . All expenses for the organization totaled $123.0k during the year ending 06/2022. While expenses have increased by 8.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ECONOMIC DEVELOPMENT AND COORDINATE PRIVATE & PUBLIC EFFORTS TO STIMULATE ECONOMIC GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC DEVELOPMENT AND COORDINATE PRIVATE & PUBLIC EFFORTS TO STIMULATE ECONOMIC GROWTH.
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 Marshall Treasurer | Officer | $0 | |
John Cooper Vice Preside | Officer | $0 | |
Mark S Smith Vice Preside | Officer | $0 | |
Mike Hockensmith President | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $80,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $222,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $302,000 |
| Total Program Service Revenue | $0 |
| Investment income | $6,093 |
| 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 | $309,043 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,978 |
| Advertising and promotion | $15 |
| Office expenses | $80 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,646 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,444 |
| All other expenses | $2,006 |
| Total functional expenses | $123,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $291,825 |
| Savings and temporary cash investments | $750,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,041,825 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,041,825 |
| 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 | $1,041,825 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Johnson County Rural Elec Mem Corp Franklin, IN | $152,019,482 | $62,222,719 |
American Association Of Motor Vehicle Administrators Arlington, VA | $113,853,156 | $49,031,814 |
Henry County Rural Electric Membership Corporation New Castle, IN | $59,562,351 | $24,960,625 |
Barton County Elec Coop Inc Lamar, MO | $53,305,232 | $19,554,475 |
Reston Association Reston, VA | $43,721,869 | $19,863,227 |
Center Forward Mc Lean, VA | $3,661,131 | $18,823,440 |
American Legislative Exchange Council Arlington, VA | $8,013,515 | $9,832,106 |
Cristo Rey Kansas City Kansas City, MO | $7,796,405 | $4,970,520 |
Center For Technology And Civic Life Chicago, IL | $81,351,444 | $64,574,797 |
City Of Pikeville Exposition Center Corporation Pikeville, KY | $1,321,608 | $4,939,974 |
Heartland Institute Arlington Heights, IL | $1,778,407 | $4,106,509 |
Brotherhood Of Maintenance Of Way Employees Mayfield, KY | $4,737,490 | $3,573,473 |