NonprofitsKentucky Highlands Investment Corporation

Kentucky Highlands Investment Corporation

LONDON, KY

Total revenue

$20.3M

Total expenses

$6.6M

Net assets

$77.4M

Grants received

$4.2M

12 grants

EIN

610673339

Tax year

2023

Mission

To provide and retain employment opportunities in southeastern kentucky through sound investments and management assistance.

Financials

FY 2023

Revenue

Contributions & grants$10.0M
Program service revenue$9.8M
Investment income$355K
Other revenue$186K
Total revenue$20.3M

Expenses

Grants paid$195K
Salaries & benefits$3.9M
Fundraising
Other expenses$2.5M
Total expenses$6.6M
Total assets$136.3M
Net assets$77.4M

People

18 listed

NameRoleCompensation

JERRY RICKETT

PRESIDENT/CEO

Board

$483K

40 hrs/wk

BRENDA MCDANIEL

EXEC. VICE PRESIDENT/CFO

Board

$458K

40 hrs/wk

MARK BOLINGER

VICE PRESIDENT OF BUSINESS

Board

$270K

40 hrs/wk

RUBY ADAMS

SECRETARY

Board

$63K

40 hrs/wk

WILLIAM SINGLETON

DIRECTOR

Board

$13K

1 hrs/wk

SERENA STRATTON

DIRECTOR

Board

$4K

1 hrs/wk

RICHARD FOLEY

DIRECTOR

Board

$4K

1 hrs/wk

GREENE KEITH

DIRECTOR

Board

$4K

1 hrs/wk

SAMUEL BROWN

DIRECTOR

Board

$4K

1 hrs/wk

BILL BERTRAM

DIRECTOR

Board

$4K

1 hrs/wk

JANE CARTER

DIRECTOR

Board

$4K

1 hrs/wk

CLARENCE BO GREEN

DIRECTOR

Board

$4K

1 hrs/wk

WILLIAM SMITH

DIRECTOR

Board

$4K

1 hrs/wk

LONNIE RILEY

DIRECTOR

Board

$4K

1 hrs/wk

GAYLE HOUSE

DIRECTOR

Board

$3K

1 hrs/wk

PAULA LITTLE

DIRECTOR

Board

$3K

1 hrs/wk

JENNIFER JONES

DIRECTOR

Board

$2K

10 hrs/wk

AMY ELLIS

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 12 of 12

FromAmountPurposeYear
$200K
OPERATING GRANT
2024
$874K
TRANSFER TO SUPPORTED ORGANIZATION
2023
$864K
TRANSFER TO SUPPORTED ORGANIZATION
2022
$100K
CF RELENDING GRANT
2022
$100K
2022 RENEWABLE ENERGY EFFICIENT GRANT
2022
$843K
TRANSFER TO SUPPORTED ORGANIZATION
2021
$100K
CF RELENDING
2021
$12K
GRANT FOR PARTICIPATION IN EDUCATION WORKING GROUP AND TRAINING
2021
$868K
TRANSFER TO SUPPORTED ORGANIZATION
2020
$130K
EMERGENCY BUSINESS ASSISTANCE GRANT
2020
$50K
ENERGY EFFICIENCY GRANT
2020

Funded by

$4.2M from 4 funders · 12 grants · 2018–2024

Kentucky Highlands Community

$3.4M · 4 grants · 2020–2023

Opportunity Finance Network

$550K · 5 grants · 2020–2024

Appalachian Community Capital

$130K · 1 grant · 2020

Federation Of Appalachian Housing

$55K · 2 grants · 2018–2021

Details

EIN610673339
Subsection04
Ruling date1988-05
Formed1968
Employees25
Volunteers0
KENTUCKY HIGHLANDS INVESTMENT CORPORATION — Mission, Financials & Grants Received | Grantivo