KENTUCKY ASSOCIATION OF MANUFACTURERS INC

EIN: 610122700

FRANKFORT, KY

Total Revenue
$824,474
Total Expenses
$826,116
Total Assets
$289,176
Net Assets
$284,412
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1911
Legal Domicile
KY
Principal Officer
FRANK JEMLEY
Phone
5023522485
Tax Period
2023-01-01 to 2023-12-31

KENTUCKY ASSOCIATION OF MANUFACTURERS INC, founded in 1911, is a small nonprofit that reported $824K in total revenue in fiscal year 2023.

Mission

OUR MISSION AT THE KENTUCKY ASSOCIATION OF MANUFACTURERS IS TO MAKE A BETTER KENTUCKY BY PROMOTING, GROWING, AND ADVOCATING FOR MANUFACTURING IN THE COMMONWEALTH AND ITS ECONOMY OVERALL.

Program Service Accomplishments

Program 1

INFORMATION PROVIDED AND SUPPLIED TO MEMBERS AS TO BUSINESS AND LABOR DATA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $821,517
Investment Income $2,957
Other Revenue $0
TOTAL REVENUE $824,474

Expense Breakdown

Grants Paid $0
Salaries & Benefits $366,230
Fundraising Expenses $0
Other Expenses $459,886
TOTAL EXPENSES $826,116

Year-over-Year Comparison

2023 2022 Change
Revenue $824,474 $818,698 +0.0%
Expenses $826,116 $716,209 +0.2%
Net Income $-1,642 $102,489 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
32
Independent Members
31
Employees
5
Volunteers
32

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$164,463
Total Directors
32
$164,463
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK JEMLEY PRESIDENT AND CEO 40.00
Officer Director
$138,391 $26,072 $164,463
GEORGE ADAMS DIRECTOR 1.00
Director
$0 $0 $0
JEREMY BALLARD DIRECTOR 1.00
Director
$0 $0 $0
KEITH BECKHAM DIRECTOR 1.00
Director
$0 $0 $0
TIM CAPPS DIRECTOR 1.00
Director
$0 $0 $0
BYRON CRAIG DIRECTOR 1.00
Director
$0 $0 $0
D CHRISTOPHER EVANS DIRECTOR 1.00
Director
$0 $0 $0
LARRY FERGUSON DIRECTOR 1.00
Director
$0 $0 $0
KEITH HAMILTON DIRECTOR 1.00
Director
$0 $0 $0
EARL JONES DIRECTOR 1.00
Director
$0 $0 $0
VIJAY VENKATA KAMINENI DIRECTOR 1.00
Director
$0 $0 $0
BILLY KENT DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER KIRCHNER DIRECTOR 1.00
Director
$0 $0 $0
DENIS LUTZ DIRECTOR 1.00
Director
$0 $0 $0
EVAN MIDLER DIRECTOR 1.00
Director
$0 $0 $0
CLARENCE MINGO DIRECTOR 1.00
Director
$0 $0 $0
DANIEL MURRAY DIRECTOR 1.00
Director
$0 $0 $0
DWIGHT NEWTON DIRECTOR 1.00
Director
$0 $0 $0
KIMBERLY O'DONNELL DIRECTOR 1.00
Director
$0 $0 $0
CHRIS PERRY DIRECTOR 1.00
Director
$0 $0 $0
DEREK RAHN DIRECTOR 1.00
Director
$0 $0 $0
KAREN RAPP DIRECTOR 1.00
Director
$0 $0 $0
JAY RICHERT DIRECTOR 1.00
Director
$0 $0 $0
PAUL SCHNEIDER DIRECTOR 1.00
Director
$0 $0 $0
RICHARD SHULTZ DIRECTOR 1.00
Director
$0 $0 $0
PAULA SMITH DIRECTOR 1.00
Director
$0 $0 $0
AMY SPILLER DIRECTOR 1.00
Director
$0 $0 $0
REJEANA THOMPSON DIRECTOR 1.00
Director
$0 $0 $0
AMY WOMBWELL DIRECTOR 1.00
Director
$0 $0 $0
CHRIS DRIVER DIRECTOR/PAST CHAIR 1.00
Officer Director
$0 $0 $0
KERRY CREECH TREASURER 1.00
Officer Director
$0 $0 $0
JOHN-MARK HACK BOARD CHAIR 5.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $824,474 $826,116 $289,176 $-1,642
2022 $818,698 $716,209 $290,782 $102,489
2022 $818,698 $716,209 $290,782 $102,489
2021 $632,721 $634,261 $243,829 $-1,540
2020 $787,687 $790,879 $202,880 $-3,192
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