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Filing year 2023

KENTUCKY EDUCATIONAL DEVELOPME CORPORATION

Ashland, Kentucky·EIN 61-0659010·501(c)(3)
Total revenue
$20.7M
Total assets
$11.1M
Total expenses
$19.6M
Reported officers
43
Mission

TO PROVIDE SERVICES AND TECHNOLOGY SUPPORT FOR MEMBER SCHOOL DISTRICTS PROVIDE GRANT AND CONTRACT WRITING, PAYROLL AND PROFESSIONAL

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Gen Counsel
Key Employee
25th percentile to median
$122k
$133k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 42 unpaid individuals.

Up 18%
from 2022

From $104k in 2022 to $122k in 2023.

$104k
2022
$122k
2023
In today's dollarsEst.
Up 13% in real terms$118k to $133k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay rose 18% from 2022 to 2023, while revenue rose 11%.

$104k in 2022 to $122k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

KENTUCKY EDUCATIONAL DEVELOPME CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$18.7M
$17.6M
2022
$20.7M
$19.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about KENTUCKY EDUCATIONAL DEVELOPME CORPORATION

What does the Key Employee of KENTUCKY EDUCATIONAL DEVELOPME CORPORATION earn?

In 2023, the Key Employee of KENTUCKY EDUCATIONAL DEVELOPME CORPORATION received $122,154 in total compensation. This pay is below the median (the midpoint) for Key Employee roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at KENTUCKY EDUCATIONAL DEVELOPME CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Key Employee at KENTUCKY EDUCATIONAL DEVELOPME CORPORATION falls between the 25th percentile and the median.

What are KENTUCKY EDUCATIONAL DEVELOPME CORPORATION's revenue and expenses?

In 2023, KENTUCKY EDUCATIONAL DEVELOPME CORPORATION reported $20.7M in total revenue and $19.6M in total expenses on its IRS Form 990.

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