2024-05-15T13:09:06-04:00 2023-06-30 611129886 KELLEY GALLOWAY SMITH GOOLSBY PSC 1200 CORPORATE COURT PO BOX 990 ASHLAND KY 411050990 990 2022-07-01 611338845 BIG SANDY REGIONAL INDUSTRIAL DEVELOPMENT AUTHORITY INC BIGS 6068862374 110 RESOURCE CT PRESTONSBURG KY 41653 MIKE DUNCAN CHAIRMAN 6068862374 2024-05-01 MIKE DUNCAN 999009999 false LORI F DEARFIELD CPA P00846508 6063291811 2024-05-01 2022 2023-04-26 12:10:37Z MIKE DUNCAN PO BOX 331 INEZ KY 41224 51567 false X X 1997 KY ECONOMIC DEVELOPMENT TO BRING BUSINESS AND INDUSTRY IN ORDER TO INCREASE JOBS AND COMMERCE 6 6 0 0 109944 28608 4434 0 951 1088 21871 115329 51567 0 0 0 0 0 209370 262466 209370 262466 -94041 -210899 3519674 3287232 660179 627132 2859495 2660100 X BSRIDA ACTS AS AN REGIONAL DEVELOPMENT ORGANIZATION INVOLVED IN THE ACQUISITION AND DEVELOPMENT OF INDUSTRIAL SITES, PARKS, AND SUBDIVISIONS FOR ECONOMIC DEVELOPMENT PURPOSES RESULTING IN JOB CREATION AND IMPROVED ECONOMIC BASE OF THE BIG SANDY REGION COMPRISED OF FLOYD, JOHNSON, MAGOFFIN, MARTIN & PIKE COUNTIES IN KENTUCKY false false 248553 MAINTENANCE, MARKETING & LEASE OF EAST KENTUCKY BUSINESS PARK IN ORDER TO LURE MORE JOBS AND COMMERCE TO REGION MAINTENANCE, MARKETING & LEASE OF EAST KENTUCKY BUSINESS PARK IN ORDER TO LURE MORE JOBS AND COMMERCE TO REGION 248553 true true false false false false false false false false true false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false X 6 6 false true false false false false false true true false false true true true true false false false false false BIG SANDY AREA DEVELOPMENT DISTRICT 6068862374 110 RESOURCE CT PRESTONSBURG KY 41653 X MIKE DUNCAN CHAIRMAN X X 0 0 0 PAUL PATTON VICE CHAIRMA X X 0 0 0 KATHY WALKER SECRETARY/TR X X 0 0 0 JAMES BOOTH DIRECTOR X 0 0 0 AB CONLEY DIRECTOR X 0 0 0 DAVID ELLIS DIRECTOR X 0 0 0 false false false 18608 10000 10000 28608 1088 1088 INSURANCE PROCEEDS 21871 21871 21871 51567 22959 10000 10000 3413 3413 500 500 45874 45874 43084 43084 150664 150664 8931 8931 262466 248553 13913 0 100070 100070 622688 521258 10808 12486 8291193 5637775 2786108 2653418 3519674 3287232 14159 2333 646020 624799 660179 627132 X 2127880 1928717 731615 731383 2859495 2660100 3519674 3287232 -210899 11504 X false true true false X 109944 28608 138552 10000 10000 10000 10000 10000 50000 10000 10000 10000 119944 38608 188552 188552 3283 2617 17432 5385 1088 29805 218357 28344 0.86350 0.83210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 322383 322383 2624566 517688 2106878 5344244 5120087 224157 2653418 51567 51567 51567 262466 262466 262466 FORM 990 - ORGANIZATION'S MISSION BSRIDA ACTS AS AN REGIONAL DEVELOPMENT ORGANIZATION INVOLVED IN THE ACQUISITION AND DEVELOPMENT OF INDUSTRIAL SITES, PARKS, AND SUBDIVISIONS FOR ECONOMIC DEVELOPMENT PURPOSES RESULTING IN JOB CREATION AND IMPROVED ECONOMIC BASE OF THE BIG SANDY REGION COMPRISED OF FLOYD, JOHNSON, MAGOFFIN, MARTIN & PIKE COUNTIES IN KENTUCKY FORM 990, PAGE 2, PART III, LINE 4D MAINTENANCE, MARKETING & LEASE OF EAST KENTUCKY BUSINESS PARK IN ORDER TO LURE MORE JOBS AND COMMERCE TO REGION FORM 990, PAGE 6, PART VI, LINE 3 THE ORGANIZATION IS LIMITED IN ACTIVITY AND HAS NO EMPLOYEES. BIG SANDY AREA DEVELOPMENT DISTRICT HANDLES FINANCIAL MANAGEMENT DUTIES. THE WORK IS REVIEWED AND APPROVED AT EACH MEETING OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS PRESENTED IN A MEETING OF THE BOARD OF DIRECTORS. UPON APPROVAL IT IS SIGNED BY THE CHAIRMAN OR THEIR DESIGNEE FOR SUBMISSION TO THE IRS. APPROVAL IS RECORDED WITHIN THE MINUTES OF THE MEETING IN WHICH IT IS APPROVED. FORM 990, PAGE 6, PART VI, LINE 12C THE BYLAWS OF THE ORGANIZATION STATE THERE ARE TO BE NO CONFLICTS OF INTEREST BETWEEN THE BOARD MEMBERS AND ANY ACTIVITIES UNDERTAKEN BY THE ORGANIZATION. THE ORGANIZATION REQUIRES AN ANNUAL DISCLOSURE OF POTENTIAL CONFLICTS AND REQUIRES BOARD MEMBERS SELF REPORT ANY POTENTIAL CONFLICTS AS SOON AS THEY ARE KNOWN. FORM 990, PAGE 6, PART VI, LINE 19 ALL DOCUMENTATION IS AVAILABLE FOR REVIEW DURING NORMAL BUSINESS HOURS AT THE OFFICES OF BIG SANDY AREA DEVELOPMENT DISTRICT, 110 RESOURCE COURT, PRESTONSBURG, KY 41653. THE ORGANIZATION PUBLISHES LISTS OF BOARD MEMBERS AND THE LOCATION/TIMES DOCUMENTATION CAN BE REVIEWED IN LOCAL NEWSPAPERS.