Bluegrass Regional Recycling Corporation is located in Richmond, KY. The organization was established in 1993. According to its NTEE Classification (C02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Environment and related organizations. As of 06/2024, Bluegrass Regional Recycling Corporation employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bluegrass Regional Recycling Corporation 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 06/2024, Bluegrass Regional Recycling Corporation generated $2.4m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $2.5m during the year ending 06/2024. 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
EDUCATE AND TRAIN THE PUBLIC AND PRIVATE SECTORS ON THE BENEFITS OF RECYCLING AND PROCEDURES TO IMPLEMENT THE RECYCLING PROCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATE AND TRAIN MUNICIPALITIES AND OTHER PARTICIPANTS IN THE COMPREHENSIVE IMPLEMENTATION OF RECYCLING PROGRAMS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Drew Wiard Executive Di | Trustee | 40 | $76,524 |
Charlie Ramshaw Chairman | OfficerTrustee | 1 | $0 |
John Grayson Secretary | OfficerTrustee | 1 | $0 |
Joe Hancock Director | Trustee | 1 | $0 |
Matt Carlisle 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 | $2,366,883 |
| Investment income | $14,828 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,800 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,384,913 |
| 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. | $76,524 |
| Compensation of current officers, directors, key employees. | $18,993 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $675,103 |
| Pension plan accruals and contributions | $155,566 |
| Other employee benefits | $0 |
| Payroll taxes | $60,922 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $28,247 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $192 |
| Interest | $65,986 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $180,554 |
| Insurance | $87,129 |
| All other expenses | $237,489 |
| Total functional expenses | $2,514,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $837,110 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $181,719 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $336,733 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,481,942 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $63,191 |
| Total assets | $2,900,695 |
| Accounts payable and accrued expenses | $56,413 |
| 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 | $743,168 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $102,567 |
| Total liabilities | $902,148 |
| Net assets without donor restrictions | $1,998,547 |
| 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 | $2,900,695 |