EIN 61-1264426

Madisonville-Hopkins County Economic Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
4
City
Madisonville
Year formed
1994
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Madisonville-Hopkins County Economic Development Corporation endeavors to maintain, enhance, improve, and enlarge the employment base of Madisonville and Hopkins County through various initiatives. It has invested in a maker space to facilitate an entrepreneurial ecosystem in the region with a focus on transforming displaced coal workers and spouses of displaced workers into entrepreneurs in Hopkins and Muhlenberg counties. The corporation also aims to serve at least 50 inmates through its skills development training program so that they can obtain employment once they are released from jail.
Total revenues
$566,749
2023
Total expenses
$521,324
2023
Total assets
$3,489,675
2023
Num. employees
4
2023

Program areas at Madisonville-Hopkins County Economic Development Corporation

To maintain, enhance, improve, and enlarge the employment base of the citizens and residents of madisonville and hopkins County.
Maker space - the investment will facilitate an entrepreneurial ecosystem in the region that will focus on transforming displaced coal workers and spouses of displaced workers into entrepreneurs in hopkins and muhlenberg counties.
To promote industrial facilities and land to prospective industries.
Fundraising - fundraising event held to generate funds for the continued operation of the maker space as well as an opportunity for small business owners to showcase their products for a substantial audience in the region.

Personnel at Madisonville-Hopkins County Economic Development Corporation

NameTitleCompensation
Bill RuddPresident$0

Financials for Madisonville-Hopkins County Economic Development Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$461,513
Program services$61,356
Investment income and dividends$31,525
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$11,188
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,167
Total revenues$566,749

Form 990s for Madisonville-Hopkins County Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-17990View PDF
2022-062023-05-10990View PDF
2021-062022-07-11990View PDF
2020-062021-05-18990View PDF
2019-062020-12-21990View PDF
...and 9 more Form 990s

Organizations like Madisonville-Hopkins County Economic Development Corporation

OrganizationLocationRevenue
Growth Partnership for AshtabulaJefferson, OH$334,540
Coos Economic Development CorporationLancaster, NH$204,983
Staten Island Economic Development CorporationStaten Island, NY$2,037,023
Greater Waukegan Development CoalitionWaukegan, IL$267,745
East New York Restoration Local Development CorpBrooklyn, NY$713,844
Seneca Industrial and Economic Development CorporationTiffin, OH$581,770
Sherman County CommunityGoodland, KS$302,530
Geauga Growth PartnershipNewbury, OH$532,117
Moore County Economic Development PartnershipPinehurst, NC$1,773,569
Marshall Area Economic Development Alliance (MAEDA)Marshall, MI$1,562,359
Data update history
January 23, 2024
Updated personnel
Identified 1 new personnel
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 9 new personnel
May 7, 2023
Received grants
Identified 1 new grant, including a grant for $5,000 from J Rogers Badgett SR Foundation
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Fundraising eventsReceives government fundingTax deductible donations
General information
Address
PO Box 745
Madisonville, KY 42431
County
Hopkins County, KY
Website URL
westcentralky.com/ 
Phone
(270) 821-1939
IRS details
EIN
61-1264426
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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