Hancock County Industrial Foundation Inc
- Assets
- $97.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hawesville, KY
- Founding
- 08/1987
- Data as of
- 12/2022
- EIN
- 61-1107463
Organization Overview
Hancock County Industrial Foundation Inc is located in Hawesville, KY. The organization was established in 1987. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Hancock County Industrial Foundation 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 12/2022, Hancock County Industrial Foundation Inc generated $64.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $61.2k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE FOUNDATION IS TO PROVIDE THEGROWTH OF INDUSTRY AND JOBS IN HANCOCK COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Baker Executivedir | 40 | $0 | |
Jason Curry President | 4 | $0 | |
Allen Kennedy V-President | 0 | $0 | |
Eli C Gregory Secretary | 4 | $0 | |
Joe L Aldridge Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,200 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $218 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,418 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,000 |
| Professional fees and other payments to independent contractors | $1,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,360 |
| Total expenses | $61,160 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,686 |
| Other assets | $0 |
| Total assets | $97,686 |
| Total liabilities | $0 |
| Net assets or fund balances | $97,686 |