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Shelby County Industrial And Development Foundation Inc

  • Shelbyville, KY
  • Tax-exempt since Feb. 1965
  • EIN: 61-6035011

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$916k (2023)

Expenses
$862k (2023)

Total Assets
$4.69M (2023)

Total Liabilities
$1.83M (2023)

Years with multiple filings
Source: Form 990 tax filings from 2012 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$916,276
Expenses
$861,960
Net Income
$54,316
Net Assets
$2,859,837
Notable Sources of Revenue Percent of Total Revenue
Contributions $246,593
26.9%
Program Services $427,954
46.7%
Investment Income $196,244
21.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $16,200
1.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $27,234
3.0%
Other Revenue $2,051
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $77,688
9.0%
Professional Fundraising Fees $0
Other Salaries and Wages $280,806
32.6%
Assets/Debt
Total Assets $4,692,480
Total Liabilities $1,832,643
Net Assets $2,859,837
Compensation
Key Employees and Officers Compensation Related Other
Ray Leathers (President/Ceo) $77,688 $0 $0
Bobby G Hudson (Director) $0 $0 $0
Steve Collins (Director) $0 $0 $0
Troy Ethington (Director) $0 $0 $0
Tom Hardesty (Director) $0 $0 $0
Pat Hargadon (Chairman) $0 $0 $0
Steve Meador (Vice Chairman) $0 $0 $0
Wayne Karem (Director) $0 $0 $0
Dan Ison (Director) $0 $0 $0
Jack Bragg (Treasurer) $0 $0 $0
Doug Langley (Director) $0 $0 $0
Jerry Karem (Director) $0 $0 $0
Brian Webb (Director) $0 $0 $0
Roxann Fry (Director) $0 $0 $0
Aaron Garofola (Director) $0 $0 $0
Dr Sally Sugg (Director) $0 $0 $0
Ronald Sowder (Director) $0 $0 $0
Ashley Coulter (Director) $0 $0 $0
Derrick Thompson (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on June 17, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$347,497
Expenses
$425,009
Net Income
-$77,512
Net Assets
$2,802,354
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $207,502
59.7%
Investment Income $70,052
20.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,800
2.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $9,933
2.9%
Other Revenue $52,210
15.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $76,960
18.1%
Professional Fundraising Fees $0
Other Salaries and Wages $127,580
30.0%
Assets/Debt
Total Assets $4,710,721
Total Liabilities $1,908,367
Net Assets $2,802,354
Compensation
Key Employees and Officers Compensation Related Other
Libby Adams (Executive Director) $85,520 $0 $0
Ray Leathers (President/Ceo) $67,916 $0 $0
Bobby G Hudson (Director) $0 $0 $0
Steve Collins (Director) $0 $0 $0
David Eaton (Director) $0 $0 $0
Tom Hardesty (Director) $0 $0 $0
Pat Hargadon (Chairman) $0 $0 $0
Steve Meador (Secretary/Treasurer) $0 $0 $0
Wayne Karem (Director) $0 $0 $0
Dan Ison (Director) $0 $0 $0
Jack Bragg (Director) $0 $0 $0
Cary Vowels (Director) $0 $0 $0
Jerry Karem (Director) $0 $0 $0
Brian Webb (Director) $0 $0 $0
Roxann Fry (Director) $0 $0 $0
Aaron Garofola (Director) $0 $0 $0
Dr Sally Sugg (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on March 23, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$790,376
Expenses
$925,805
Net Income
-$135,429
Net Assets
$2,884,843
Notable Sources of Revenue Percent of Total Revenue
Contributions $93,853
11.9%
Program Services $395,441
50.0%
Investment Income $66,610
8.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $124,446
15.7%
Net Fundraising $0
Sales of Assets -$15,539
Net Inventory Sales $31,430
4.0%
Other Revenue $94,135
11.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $155,490
16.8%
Professional Fundraising Fees $0
Other Salaries and Wages $231,976
25.1%
Assets/Debt
Total Assets $4,846,974
Total Liabilities $1,962,131
Net Assets $2,884,843
Compensation
Key Employees and Officers Compensation Related Other
Libby Adams (Executive Director) $83,032 $0 $0
Ray Leathers (President/Ceo) $65,938 $0 $0
Bobby G Hudson (Director) $0 $0 $0
Steve Collins (Director) $0 $0 $0
David Eaton (Director) $0 $0 $0
Tom Hardesty (Director) $0 $0 $0
Pat Hargadon (Chairman) $0 $0 $0
Steve Meador (Secretary/Treasurer) $0 $0 $0
Wayne Karem (Director) $0 $0 $0
Dan Ison (Director) $0 $0 $0
Jack Bragg (Director) $0 $0 $0
Cary Vowels (Director) $0 $0 $0
Jerry Karem (Director) $0 $0 $0
Brian Webb (Director) $0 $0 $0
Roxann Fry (Director) $0 $0 $0
Aaron Garofola (Director) $0 $0 $0
Dr Sally Sugg (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$543,985
Expenses
$674,899
Net Income
-$130,914
Net Assets
$3,094,835
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $401,055
73.7%
Investment Income $69,313
12.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $34,871
6.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $33,181
6.1%
Other Revenue $5,565
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $147,501
21.9%
Professional Fundraising Fees $0
Other Salaries and Wages $225,533
33.4%
Assets/Debt
Total Assets $4,723,839
Total Liabilities $1,629,004
Net Assets $3,094,835
Compensation
Key Employees and Officers Compensation Related Other
Libby Adams (Executive Director) $81,077 $0 $0
Ray Leathers (President/Ceo) $66,250 $0 $0
Bobby G Hudson (Director) $0 $0 $0
Steve Collins (Director) $0 $0 $0
David Eaton (Director) $0 $0 $0
Tom Hardesty (Director) $0 $0 $0
Pat Hargadon (Chairman) $0 $0 $0
Steve Meador (Secretary/Treasurer) $0 $0 $0
Wayne Karem (Director) $0 $0 $0
Dan Ison (Director) $0 $0 $0
Jack Bragg (Director) $0 $0 $0
Cary Vowels (Director) $0 $0 $0
Jerry Karem (Director) $0 $0 $0
Brian Webb (Director) $0 $0 $0
Robbie Houchin (Director) $0 $0 $0
Aaron Garofola (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 11, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$459,203
Expenses
$687,095
Net Income
-$227,892
Net Assets
$3,225,749
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,000
2.2%
Program Services $328,803
71.6%
Investment Income $76,579
16.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $15,600
3.4%
Net Fundraising $0
Sales of Assets -$33
Net Inventory Sales $28,254
6.2%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $147,436
21.5%
Professional Fundraising Fees $0
Other Salaries and Wages $221,749
32.3%
Assets/Debt
Total Assets $3,807,332
Total Liabilities $581,583
Net Assets $3,225,749

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$459,466
Expenses
$631,829
Net Income
-$172,363
Net Assets
$3,453,641
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,937
1.1%
Program Services $352,760
76.8%
Investment Income $62,574
13.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $15,600
3.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $23,595
5.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $148,994
23.6%
Professional Fundraising Fees $0
Other Salaries and Wages $221,304
35.0%
Assets/Debt
Total Assets $3,887,026
Total Liabilities $433,385
Net Assets $3,453,641

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$423,054
Expenses
$628,009
Net Income
-$204,955
Net Assets
$3,626,004
Notable Sources of Revenue Percent of Total Revenue
Contributions $100
0.0%
Program Services $330,753
78.2%
Investment Income $60,257
14.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $15,600
3.7%
Net Fundraising $0
Sales of Assets -$1,774
Net Inventory Sales $18,118
4.3%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $136,581
21.7%
Professional Fundraising Fees $0
Other Salaries and Wages $221,944
35.3%
Assets/Debt
Total Assets $4,037,989
Total Liabilities $411,985
Net Assets $3,626,004

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$500,092
Expenses
$589,466
Net Income
-$89,374
Net Assets
$3,830,959
Notable Sources of Revenue Percent of Total Revenue
Contributions $38,450
7.7%
Program Services $346,326
69.3%
Investment Income $63,025
12.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $15,600
3.1%
Net Fundraising $0
Sales of Assets $2,197
0.4%
Net Inventory Sales $34,494
6.9%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $131,483
22.3%
Professional Fundraising Fees $0
Other Salaries and Wages $221,337
37.5%
Assets/Debt
Total Assets $4,223,846
Total Liabilities $392,887
Net Assets $3,830,959

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,616,168
Expenses
$707,693
Net Income
$908,475
Net Assets
$3,920,333
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,000
1.1%
Program Services $325,831
20.2%
Investment Income $58,602
3.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $266,044
16.5%
Net Fundraising $0
Sales of Assets $918,058
56.8%
Net Inventory Sales $29,633
1.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $114,400
16.2%
Professional Fundraising Fees $0
Other Salaries and Wages $201,353
28.5%
Assets/Debt
Total Assets $4,318,180
Total Liabilities $397,847
Net Assets $3,920,333

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$902,955
Expenses
$969,957
Net Income
-$67,002
Net Assets
$3,011,858
Notable Sources of Revenue Percent of Total Revenue
Contributions $236,051
26.1%
Program Services $299,704
33.2%
Investment Income $38,100
4.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $312,893
34.7%
Net Fundraising $0
Sales of Assets $635
0.1%
Net Inventory Sales $15,572
1.7%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $106,825
11.0%
Professional Fundraising Fees $0
Other Salaries and Wages $202,982
20.9%
Assets/Debt
Total Assets $3,489,920
Total Liabilities $478,062
Net Assets $3,011,858

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$97,283
Expenses
$712,486
Net Income
-$615,203
Net Assets
$3,078,860
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,573
2.6%
Program Services $279,821
> 100%
Investment Income $61,601
63.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $312,893
> 100%
Net Fundraising $0
Sales of Assets -$576,870
Net Inventory Sales $17,265
17.7%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $109,925
15.4%
Professional Fundraising Fees $0
Other Salaries and Wages $208,182
29.2%
Assets/Debt
Total Assets $4,644,073
Total Liabilities $1,565,213
Net Assets $3,078,860

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$649,231
Expenses
$677,595
Net Income
-$28,364
Net Assets
$3,694,063
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $571,194
88.0%
Investment Income $59,875
9.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,560
0.5%
Net Inventory Sales $14,602
2.2%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $99,932
14.7%
Professional Fundraising Fees $0
Other Salaries and Wages $189,197
27.9%
Assets/Debt
Total Assets $5,281,370
Total Liabilities $1,587,307
Net Assets $3,694,063

Document Links

990
Filed on Sept. 27, 2013

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$678,507
Expenses
$719,783
Net Income
-$41,276
Net Assets
$3,722,427
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $647,043
95.4%
Investment Income $10,876
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $20,588
3.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $100,365
13.9%
Professional Fundraising Fees $0
Other Salaries and Wages $187,421
26.0%
Assets/Debt
Total Assets $5,155,641
Total Liabilities $1,433,214
Net Assets $3,722,427

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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