KHIC'S PURPOSE IS TO PLAN, PROMOTE, INITIATE, AND COORDINATE COMMUNITY, ECONOMIC, AND SOCIAL DEVELOPMENT EFFORTS. KHIC HAS USED A VENTURE CAPITAL APPROACH YIELDING NOTABLE POSITIVE RESULTS. IT HAS A STRONG BASE OF CAPITAL WITH A PORTFOLIO THAT ALLOWS IT TO BE SELF-SUSTAINING, A DEDICATED AND EXPERIENCED STAFF, A COMMITTED AND SUPPORTIVE BOARD OF DIRECTORS, AND A CLEAR DEFINITION OF ITS MISSION AND METHOD. KHIC'S STRATEGY IS TO DEVELOP AN ENVIRONMENT WHERE ENTREPRENEURSHIP WILL THRIVE. IT DOES SO BY PROVIDING BOTH FINANCIAL SUPPORT AND MANAGEMENT ASSISTANCE TO NEW AND EXISTING BUSINESSES. IT ALSO SEEKS TO INTRODUCE AND DEVELOP ENTREPRENEURIAL TALENT BOTH FROM WITHIN THE REGION AND FROM AREAS OUTSIDE THE REGION.
Executive compensation, broken down
Form 990 · Schedule J · 17 reported individuals · Filing year 2023
| Base salary | Bonus | Other compensation | Benefits | Executive compensation | |
|---|---|---|---|---|---|
Vice President of Business vice president $335k $366k | |||||
Secretary secretary (operational) $113k $124k | |||||
Director board member $13k $14k | |||||
Director board member $4k $5k | |||||
Director board member $4k $5k | |||||
Director board member $4k $5k | |||||
Director board member $4k $4k | |||||
Director board member $4k $4k | |||||
Director board member $4k $4k | |||||
Director board member $4k $4k | |||||
Director board member $4k $4k | |||||
Director board member $4k $4k | |||||
Director board member $3k $3k | |||||
Director board member $3k $3k | |||||
Director board member $2k $2k | |||||
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 1 unpaid individual.
Up 3%
from 2022
From $543k in 2022 to $558k in 2023.
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.
Revenue and expenses over time
KENTUCKY HIGHLANDS INVESTMENT CORP reported revenue and expenses across 2 filing years.
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