THE CENTER FOR KENTUCKY RURAL ECONOMIC DEVELOPMENT INC
SOMERSET,
Kentucky,
42501
EIN: 61-1291304
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
2292 S HIGHWAY 27 STE 300
42501
COUNTY
pulaski county, KY
IN CARE OF NAME
LONNIE LAWSON
ORGANIZATIONAL OVERVIEW & RANKINGS
THE CENTER FOR KENTUCKY RURAL ECONOMIC DEVELOPMENT INC is a based in SOMERSET, KY, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in March 1996, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $53,128,428.00, this ranks 17,296 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 196 out of 31,364 organizations in KY (Top 1%).
In pulaski county, KY, the organization ranks 2 out of 420 nonprofits by assets (Top 1%), while locally in somerset, it stands at 2 among 324 organizations (Top 1%).
The organization reported annual revenue of $8,257,213.00, ranking 34,506 nationally (Top 2%) and 410 in KY (Top 2%).
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, THE CENTER FOR KENTUCKY RURAL ECONOMIC DEVELOPMENT INC ranks 25 in assets (Top 1%) and 54 in revenue (Top 2%).
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
Described in section 170 b 1 a vi of the Code
Attracting new industry or retaining industry in an area
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
7: $5,000,000 to $9,999,999
INCOME AMOUNT
$8,257,213.00
FORM 990 REVENUE AMOUNT
$8,257,213.00
RULING DATE
03/1996
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$53,128,428.00
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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