HONEY BRANCH INDUSTRIAL DEVELOPMENT AUTHORITY INC
PRESTONSBURG,
Kentucky,
41653
EIN: 61-1338845
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
110 RESOURCE CT
41653
COUNTY
floyd county, KY
IN CARE OF NAME
BIG SANDY ADD
ORGANIZATIONAL OVERVIEW & RANKINGS
HONEY BRANCH INDUSTRIAL DEVELOPMENT AUTHORITY INC is a based in PRESTONSBURG, KY, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in May 2001, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $3,287,232.00, this ranks 115,228 among 2,656,690 nonprofits nationally (Top 5%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 1,180 out of 31,364 organizations in KY (Top 4%).
In floyd county, KY, the organization ranks 7 out of 219 nonprofits by assets (Top 3%), while locally in prestonsburg, it stands at 7 among 112 organizations (Top 4%).
The organization reported annual revenue of $51,567.00, ranking 493,803 nationally (Top 19%) and 5,724 in KY (Top 19%).
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, HONEY BRANCH INDUSTRIAL DEVELOPMENT AUTHORITY INC ranks 339 in assets (Top 7%) and 1,682 in revenue (Top 35%).
The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$51,567.00
FORM 990 REVENUE AMOUNT
$51,567.00
RULING DATE
05/2001
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$3,287,232.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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