NonprofitsMadisonville-Hopkins County Development Corporation

Community Improvement & Capacity Building

Madisonville-Hopkins County Development Corporation

MADISONVILLE, KY

Total revenue

$644K

Total expenses

$512K

Net assets

$3.7M

Grants received

$100K

1 grants

EIN

611264426

Tax year

2024

Mission

To maintain, enhance, improve, and enlarge the employment base of madisonville and hopkins county, kentucky.

Programs

3 programs

To promote industrial facilities and land to prospective industries.

Expenses: $23K

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.

Expenses: $101K

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.

Financials

FY 2024

Revenue

Contributions & grants$508K
Program service revenue$46K
Investment income$84K
Other revenue$7K
Total revenue$644K

Expenses

Grants paid
Salaries & benefits$133K
Fundraising
Other expenses$379K
Total expenses$512K
Total assets$3.7M
Net assets$3.7M

People

25 listed

NameRoleCompensation

WADE WILLIAMS

PRESIDENT

Board

$27K

40 hrs/wk

BRAD BALDWIN

DIRECTOR

Board

2 hrs/wk

ALISA COLEMAN

DIRECTOR

Board

2 hrs/wk

JOE COLLINS

DIRECTOR

Board

2 hrs/wk

KEVIN COTTON

DIRECTOR

Board

2 hrs/wk

ALAN DOCKREY

DIRECTOR

Board

2 hrs/wk

STEPHEN DURHAM

DIRECTOR

Board

2 hrs/wk

JOE EVANS

DIRECTOR

Board

2 hrs/wk

TODD GRUESBECK

DIRECTOR

Board

2 hrs/wk

JASON HAWKINS

DIRECTOR

Board

2 hrs/wk

BRITTANEY JOHNSON

TREASURER

Board

2 hrs/wk

CYNTHIA KELLEY

CHAIRMAN

Board

2 hrs/wk

JUSTIN LAMB

DIRECTOR

Board

2 hrs/wk

BRICE LITTLEPAGE

DIRECTOR

Board

2 hrs/wk

TONY MOORE

DIRECTOR

Board

2 hrs/wk

RONNIE NOEL

DIRECTOR

Board

2 hrs/wk

MAURICIO PORRAS

DIRECTOR

Board

2 hrs/wk

AMY SMITH

DIRECTOR

Board

2 hrs/wk

PHILIP SMITH

DIRECTOR

Board

2 hrs/wk

KAREN SOLISE

DIRECTOR

Board

2 hrs/wk

FRANK STEVENSON

DIRECTOR

Board

2 hrs/wk

JASON VINCENT

DIRECTOR

Board

2 hrs/wk

JACK WHITFIELD

DIRECTOR

Board

2 hrs/wk

BILL YOUNG

DIRECTOR

Board

2 hrs/wk

MATT ZOELLNER

VICE CHAIRMA

Board

2 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$100K
Business Development
2023

Funded by

$100K from 1 funder · 1 grant · 2023

Sprocket Inc

$100K · 1 grant · 2023

Details

EIN611264426
NTEE codeS30
Subsection03
Ruling date1995-11
Formed1994
Employees3
MADISONVILLE-HOPKINS COUNTY DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo