SOUTHEASTERN KENTUCKY REHABILITATION INDUSTRIES INC

EIN: 610725475 501(c)(3) Health Care

CORBIN, KY

Total Revenue
$50,592,593
Total Expenses
$41,613,914
Total Assets
$45,814,039
Net Assets
$42,625,333
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
KY
Principal Officer
ROBERT L MILLER
Phone
6065246224
Tax Period
2024-10-01 to 2025-09-30

SOUTHEASTERN KENTUCKY REHABILITATION INDUSTRIES INC, founded in 1971, is a mid-sized nonprofit in the Health Care sector that reported $50.6M in total revenue in fiscal year 2024. The organization ran a surplus of $9.0M, a strong 18% operating margin.

Mission

PROVIDE EMPLOYMENT OPPORTUNITIES FOR SIGNIFICANTLY DISABLED INDIVIDUALS IN THE APPALACHIAN REGION

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $120,619
Program Service Revenue $49,798,036
Investment Income $568,661
Other Revenue $105,277
TOTAL REVENUE $50,592,593

Expense Breakdown

Grants Paid $14,934
Salaries & Benefits $10,822,087
Fundraising Expenses $0
Program Expenses $30,871,895
Other Expenses $30,776,893
TOTAL EXPENSES $41,613,914

Year-over-Year Comparison

2024 2023 Change
Revenue $50,592,593 $50,488,036 +0.0%
Expenses $41,613,914 $42,707,662 0.0%
Net Income $8,978,679 $7,780,374 +0.2%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
7
Independent Members
6
Employees
1066
Volunteers
N/A

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
$584,289
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES E HARRIS CHAIRMAN 2.50
Director
$0 $0 $0
JAMES NORVELL VICE CHAIRMAN 2.50
Director
$0 $0 $0
RALPH SOULEYRET DIRECTOR 2.50
Director
$0 $0 $0
TERRY CENTERS DIRECTOR 2.50
Director
$0 $0 $0
ALBEY BROCK DIRECTOR 2.50
Director
$0 $0 $0
DEBBIE COOK DIRECTOR 2.50
Director
$0 $0 $0
RALPH HALCOMB DIRECTOR 2.50
Director
$0 $0 $0
ROBERT L MILLER EXECUTIVE DIRECTOR 40.00
Officer
$152,887 $31,560 $184,447
BARRY PERRET DIRECTOR OF MANUFACTURING 40.00
Officer
$114,005 $21,660 $135,665
AMANDA FARRIS DIRECTOR OF FINANCE 40.00
Officer
$118,621 $22,051 $140,672
GREG WILSON DIRECTOR OF OPERATIONS 40.00
Officer
$100,617 $22,888 $123,505
STEPHEN M ANDERSON DIRECTOR OF OUTSIDE SALES 40.00
Highest
$126,145 $1,992 $128,137
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
2025 $50,592,593 $41,613,914 $45,814,039 $8,978,679
2024 $50,488,036 $42,707,662 $38,078,469 $7,780,374
2023 $39,481,937 $38,734,120 $30,034,065 $747,817
2022 $26,543,661 $29,765,992 $28,420,684 $-3,222,331
2021 $37,684,643 $37,548,806 $31,091,500 $135,837
2020 $53,076,903 $51,350,139 $32,370,500 $1,726,764
2019 $59,117,352 $53,194,770 $31,492,007 $5,922,582
2018 $55,110,918 $51,239,719 $26,476,579 $3,871,199
Explore More Nonprofits
→Top 100 Nonprofits in Kentucky →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SOUTHEASTERN KENTUCKY REHABILITATION INDUSTRIES INC with other nonprofits in Kentucky and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.