The Center For Kentucky Rural Economic Development Inc

Community Development · Somerset, Kentucky

2292 S Highway 27 Ste 300, Somerset, KY 42501-2905

EIN: 611291304· Founded: Mar 1996· 30 years active· Filing Year: 2023

Annual Revenue

$8.3M

Total Expenses

$9.0M

Total Assets

$53.1M

Program Spending

11%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$1.6M

Total Payroll

$1.6M

18% of total expenses

Where the Money Goes

11%

Programs: 11%

Payroll: 18%

Other overhead: 89%

Program Revenue$990K (12%)

Total Expenses$9.0M (100%)

Payroll$1.6M (18%)

Overhead (non-program)89%

Trust Score Breakdown

Program Spending Ratio

11% of expenses go to programs

40%

Revenue & Stability

$8.3M annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$53.1M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.