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Filing year 2023

KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION

London, Kentucky·EIN 61-1253192·501(c)(3)
Total revenue
$1.3M
Total assets
$4.1M
Total expenses
$1.4M
Reported officers
19
Mission

KHCDC PROVIDES FINANCING TO COMPANIES IN ITS SERVICE AREA, WHERE TRADITIONAL FINANCING SOURCES MAY NOT BE READILY AVAILABLE.

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

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

Exec. Vice President/cfo
25th percentile to median
$76k
$83k
President
25th percentile to median
$75k
$82k
Vice President, Business L
Vice President
Median to 75th percentile
$66k
$72k
Business Development Speci
Highest Compensated Employee
Below 10th percentile
$50k
$54k
Secretary
Secretary (Operational)
Median to 75th percentile
$37k
$41k

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 14 unpaid individuals.

Up 8%
from 2022

From $70k in 2022 to $76k in 2023.

$70k
2022
$76k
2023
In today's dollarsEst.
Up 4% in real terms$80k to $83k

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

Chief Executive Officer pay rose 8% from 2022 to 2023, while revenue fell 12%.

$70k in 2022 to $76k in 2023.
  • Vice President pay rose 7% from 2022 to 2023.
  • Highest Compensated Employee pay fell 6% from 2022 to 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 HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.5M
$1.5M
2022
$1.3M
$1.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION

What does the Chief Executive Officer of KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION earn?

In 2023, the Chief Executive Officer of KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION received $76,254 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION falls between the 25th percentile and the median.

What are KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION reported $1.3M in total revenue and $1.4M in total expenses on its IRS Form 990.

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