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Kentucky · Nonprofit

KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION

KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION (Kentucky) receives grants from 6 organizations whose IRS filings report $10,946,962 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($10,000,000). 1 of them have funded it in more than one year, and 91% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$11M
Funders on record
6
Grants received
$11M
Net assets
$11M
1/6 repeat funderspeak grant-dependency 44%
01What it does

What Kentucky Highlands Community Development Corporation does

Mission

Khcdc provides financing to companies in its service area, where traditional financing sources may not be readily available.

As stated on its FY2025 Form 990.

Program

  1. Khcdc promotes development of and assistance to local business enterprises which have the prospect of increasing the income of the area's residents and expanding their employment opportunities. As a supporting organization, khcdc also supports the affordable housing development efforts of its supported organization, kentucky highlands investment corp including providing affordable housing solutions with programs that specialize in turn-key homes, lower-income housing programs, mutual self-help housing programs, elderly housing and several energy efficient and/or community development projects.

    $1,192,203 spentof which $831,918 as grants$300,322 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,192,203.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($249k) Expenses 100 ($612k) Net assets 100 ($309k)2018 Revenue 484 ($1.2M) Expenses 112 ($685k) Net assets 269 ($831k)2019 Revenue 392 ($978k) Expenses 124 ($758k) Net assets 340 ($1.1M)2020 Revenue 514 ($1.3M) Expenses 100 ($611k) Net assets 557 ($1.7M)2021 Revenue 568 ($1.4M) Expenses 229 ($1.4M) Net assets 563 ($1.7M)2022 Revenue 485 ($1.2M) Expenses 206 ($1.3M) Net assets 545 ($1.7M)2023 Revenue 596 ($1.5M) Expenses 247 ($1.5M) Net assets 537 ($1.7M)2024 Revenue 522 ($1.3M) Expenses 229 ($1.4M) Net assets 161 ($498k)2025 Revenue 4593 ($11M) Expenses 210 ($1.3M) Net assets 3459 ($11M)
'17'18'19'20'21'22'23'24'25
Revenue (4593)Expenses (210)Net assets (3459)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $4.1M to $14M (+242%).

$1.9M
$3.0M
$3.7M
$5.3M
$4.5M
$4.6M
$5.0M
$4.1M
$14M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 76% · 2018 87% · 2019 89% · 2020 91% · 2021 83% · 2022 95% · 2023 85% · 2024 87% · 2025 10%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$363k
’17
$522k
’18
$220k
’19
$672k
’20
$17k
’21
−$54k
’22
−$27k
’23
−$101k
’24
$10M
’25
100
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed252424232321191921
Joined·+0+2+0+0+0+1+2+2
No longer listed·12102320
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $74k → $30k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 91% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION leans on a few funders — its largest provides 91% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

95% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION.

91%
largest funder
99%
top three
~1
effective funders

Largest funder’s share by year: 2017 93% · 2018 100% · 2019 100% · 2020 71% · 2021 100% · 2022 100% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

91% of KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $942k that is directly attributable, 99% of it comes from funders outside Kentucky, across 3 states.

NY
KY
NC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Kentucky out of state home

Funder states come from each funder’s own filing. $10M arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $9.1M on record.

Federal$9.1M
grants $9.1Mcontracts $0
17
18
19
20
21
22
23
24
25
Top agencies
  • Department of Health and Human Services$9.1M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Kentucky

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

KY

Part of a family of 7 related entities

  • Kentucky Highlands Investment Corp · exempt
  • Kentucky Highlands Development Corporation · corp_trust
  • Kentucky Highlands Management Company · corp_trust
  • Mountain Ventures Inc · corp_trust
  • Kentucky Highlands Real Estate Corp · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION?
KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION (Kentucky) receives grants from 6 organizations whose IRS filings report $10,946,962 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($10,000,000). 1 of them have funded it in more than one year, and 91% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION have?
IRS filings report 6 organizations giving $10,946,962 in grants to KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION, 1 of which have funded it in more than one year.
Who is the largest funder of KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION?
GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC is the largest funder on record, with $10,000,000 in grants. The full list of funders is on this page.
How can an organization like KENTUCKY HIGHLANDS COMMUNITY DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing