Mmrc Regional Industrial Development Authority Inc
Revenue
$111k
year to 30 June 2025
Expenses
$302k
year to 30 June 2025
Total assets
$2.9m
$0 liabilities
Net assets
$2.9m
assets less liabilities
Directors and trustees
4
3.4 years on average
Staff
0
employees, year to 30 June 2025
Left since last filing
0
no seats appear to have opened
Officers and senior staff
4
named in Part VII
Mmrc Regional Industrial Development Authority Inc's network
4 peoplei4 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (4). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
4 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 6 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Jason Sloan | Director | 2021 | 5 yrs |
| Ricky Pennington | Director | 2025 | 1 yr |
| TIM Holbrook | Director | 2025 | 1 yr |
| Trent Hamilton | Director | 2021 | 5 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
4 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Charles Derrickson | Company secretary | since 2019 |
| Debbie Little | Vice Preside | since 2021 |
| Mike Helton | President | since 2019 |
| Russ Ward | Company secretary | since 2021 |
Pay and hours
year to 30 June 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Trent Hamilton | Director | $0 | |||
| Tim Holbrook | Director | $0 | |||
| Ricky Pennington | Director | $0 | |||
| Jason Sloan | Director | $0 | |||
| Mike Helton | President | $0 | |||
| Debbie Little | Vice Preside | $0 | |||
| Russ Ward | Secretary | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- MMRC Regional Industrial Development Authority Inc
- EIN
- 611322607
- Address
- 150 E 1st St, Morehead, KY, 40351-1702
- State
- Kentucky
- Mission
- Act as an independent agency and instrumentality and constituted authority of counties of menifee, morgan, rowan and crater in the acquisition financing and development of the regional industrial park (as filed on the Form 990)
- Activity (NTEE)
- S41 Community improvement and capacity building
- IRS classification
- 501(c)06 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 6 (IRS master file code)
- Formed
- 1998
- Principal officer
- Mike Helton (as named on the Form 990)
- IRS ruling date
- 1 March 2000
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 5, latest 2025
Most connected
Longest observed on the filings
≥5years on the filingsJason Sloan
≥5years on the filingsTrent Hamilton
≥1years on the filingsRicky Pennington
≥1years on the filingsTIM Holbrook
Latest return
year to 30 June 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 June 2025. US dollars, as filed.- Total assets
- $2.9m
- Total liabilities
- $0
- Net assets or fund balances
- $2.9m
- Contributions and grants received
- $110k
- Program service revenue
- $0
- Employees
- 0
Filed finances
2 yearsiTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $111k | $302k | Deficit $191k |
| 2023 | $119k | $418k | Deficit $298k |
As filed on the IRS Form 990. US dollars.