The Center for Kentucky Rural Economic Development INC

Public charityFed auditsIRS 990

DBA: % LONNIE LAWSON

Community Development · SOMERSET, KY · EIN 61-1291304

Overview Money In Money Out People Connected Orgs Audits Positions Interview Endorsements

About

To provide economic development to southeastern kentucky.

In care of Lonnie Lawson

Donations are tax-deductible

Financial Snapshot

FY ending 2025-06-30

Revenue

$9.9M

Expenses

$10.6M

Assets

$60.9M

Liabilities

$10.9M

Financial history

$10.6M$5.3M$0

16171819202122232425

RevenueExpenses

Latest FY2025: $9.9M · Avg: $8.0M

THE CENTER FOR KENTUCKY RURAL ECONOMIC DEVELOPMENT INC

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Address

2292 S Highway 27 STE 300

Somerset, KY, 42501-290

Governance

Voting board members11

Independent members11

Conflict-of-interest policyYes

Whistleblower policyYes

Doc-retention policyYes

Audit committeeYes

990 reviewed by boardNo

Compensation practices

Severance paymentsNo

Equity-based compNo

Supplemental retirement planNo

Board approved compYes

Initial contract exceptionNo

Public records

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