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Nonprofit · EIN 61-0655540

ASSOCIATION OF INDEPENDENT KENTUCY COLLEGE AND UNIVERSITIES INC

Also known as AIKCU

Tax-exempt · LEXINGTON, KY 40503

Financials

$1M$1.4M2022$1.3M$1.1M2023$1.2M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of ASSOCIATION OF INDEPENDENT KENTUCY COLLEGE AND UNIVERSITIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,212,676$1,288,282-$75,606$2,976,542$76,708$2,899,834
June 30, 2024990$1,253,632$1,113,628$140,004$2,886,407$78,385$2,808,022
June 30, 2023990$1,015,170$1,396,650-$381,480$2,652,368$91,224$2,561,144
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$686,742
Membership dues
$553,742
Program service revenue
$413,571
Investment income
$112,363
Net gain from sales of assets
$20,755
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$478,264
Compensation of officers, directors and key employees
$399,251
Other salaries and wages
$145,303
Salaries, compensation and benefits (total)
$688,812
Professional fundraising fees
$0
Legal fees
$4,231
Accounting fees
$26,171
Occupancy
$2,415
Travel
$29,393
Depreciation
$138
Program services (functional)
$925,992
Management and general (functional)
$362,290

Balance sheet and other

Total assets, start of year
$2,886,407
Total assets, end of year
$2,976,542
Total liabilities, end of year
$76,708
Net assets, end of year
$2,899,834
Publicly traded securities
$449,439
Net assets without donor restrictions
$2,306,108
Net assets with donor restrictions
$593,726
Gross receipts
$1,257,008
Employees
5
Year formed
1965

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MASON DYERPRESIDENT
Officer
40$205,523$39,676
KRISTA HUDSONVP OF FINANC
Officer
40$193,728$41,610
TERRY ALLCORNDIRECTOR
Trustee or director
2$0$0
ROSEMARY ALLENDIRECTOR
Trustee or director
2$0$0
KEVIN BROWNDIRECTOR
Trustee or director
2$0$0
JOSEPH L CHILLOVICE-CHAIR
Trustee or director
2$0$0
LARRY L COCKRUMDIRECTOR
Trustee or director
2$0$0
JAMES COUSINSDIRECTOR
Trustee or director
2$0$0
SUSAN M DONOVANDIRECTOR
Trustee or director
2$0$0
JOSEPH HOPKINSDIRECTOR
Trustee or director
2$0$0
WILLIAM T LUCKEY JRDIRECTOR
Trustee or director
2$0$0
ANNE KENWORTHYDIRECTOR
Trustee or director
2$0$0
BRIEN LEWISTREASURER
Trustee or director
2$0$0
JOHN P MARSDENIMMEDIATE PA
Trustee or director
2$0$0
MILTON C MORELANDAT-LARGE MEM
Trustee or director
2$0$0
5 more people on this return
NameTitleHours / weekCompensation
CHERYL L NIXONAT-LARGE MEM
Trustee or director
2$0
MADISON C SILVERTDIRECTOR
Trustee or director
2$0
JAMES O STEPPDIRECTOR
Trustee or director
2$0
DJ WASHINGTONDIRECTOR
Trustee or director
2$0
BURTON J WEBBCHAIR
Trustee or director
2$0
990 for the year ended June 30, 2024: 20 people
NameTitleHours / weekCompensationOther / benefits
MASON DYERPRESIDENT
Officer
40$212,494$20,775
KRISTA HUDSONVP OF FINANC
Officer
40$197,511$19,751
TERRY ALLCORNDIRECTOR
Trustee or director
2$0$0
ROSEMARY ALLENDIRECTOR
Trustee or director
2$0$0
KEVIN BROWNDIRECTOR
Trustee or director
2$0$0
JOSEPH L CHILLODIRECTOR
Trustee or director
2$0$0
LARRY L COCKRUMDIRECTOR
Trustee or director
2$0$0
JAMES COUSINSDIRECTOR
Trustee or director
2$0$0
SUSAN M DONOVANDIRECTOR
Trustee or director
2$0$0
JOSEPH HOPKINSDIRECTOR
Trustee or director
2$0$0
WILLIAM T LUCKEY JRDIRECTOR
Trustee or director
2$0$0
ANNE KENWORTHYDIRECTOR
Trustee or director
2$0$0
BRIEN LEWISDIRECTOR
Trustee or director
2$0$0
JAMES P MARSDENBOARD CHAIR
Trustee or director
2$0$0
MILTON C MORELANDDIRECTOR
Trustee or director
2$0$0
CHERYL L NIXONDIRECTOR
Trustee or director
2$0$0
MADISON C SILVERTDIRECTOR
Trustee or director
2$0$0
JAMES O STEPPDIRECTOR
Trustee or director
2$0$0
DJ WASHINGTONDIRECTOR
Trustee or director
2$0$0
BURTON J WEBBDIRECTOR
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
KRISTA HUDSONVP OF FINANC
Officer
40$147,738$14,774
MASON DYERPRESIDENT
Officer
40$145,408$14,541
ONYEJINDU OLEKAFORMER PRESI
Officer
40$76,696$7,586
DR TERRY ALLCORNDIRECTOR
Trustee or director
2$0$0
DR ROSEMARY ALLENDIRECTOR
Trustee or director
2$0$0
DR KEVIN BROWNDIRECTOR
Trustee or director
2$0$0
DR JOSEPH CHILLODIRECTOR
Trustee or director
2$0$0
DR LARRY COCKRUMDIRECTOR
Trustee or director
2$0$0
DR SUSAN DONOVANDIRECTOR
Trustee or director
2$0$0
DR MARCIA HAWKINSDIRECTOR
Trustee or director
2$0$0
DR JOSEPH HOPKINSDIRECTOR
Trustee or director
2$0$0
FR LARRY HOSTETTERDIRECTOR
Trustee or director
2$0$0
DR WILLIAM LUCKEY JRDIRECTOR
Trustee or director
2$0$0
MR BRIEN LEWISDIRECTOR
Trustee or director
–$0$0
DR JOHN MARSDENDIRECTOR
Trustee or director
2$0$0
MS TORI MURDEN MCCLUREDIRECTOR
Trustee or director
2$0$0
DR TOM MITZELDIRECTOR
Trustee or director
2$0$0
DR MILTON MORELANDDIRECTOR
Trustee or director
2$0$0
DR CHERYL NIXONDIRECTOR
Trustee or director
2$0$0
DR JAMES STEPPDIRECTOR
Trustee or director
2$0$0
DR BURTON WEBBDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
2220 NICHOLASVILLE RD STE 110 PMB 3, LEXINGTON, KY 40503-2439
In care of
% HARROD & ASSOCIATES
Principal officer (990 for 2024)
MASON DYER, 2 HMB CIR, FRANKFORT, KY 40601
Signed the 990
MASON DYER, PRESIDENT
Phone
(502) 695-5007
Return prepared by
HARROD & ASSOCIATES

Mission

AIKCU IS A NON-PROFIT, MEMBER SERVICES ORGANIZATION COMMITTED TO STRENGHTENING THE COMMONWEALTH'S VIBRANT, INDEPENDENT, NOT-FOR-PROFIT COLLEGE AND UNIVERSITY SECTOR WHILE STRIVING TO ASSURE THAT STUDENTS OF ALL AGES AND BACKGROUNDS HAVE AN OPPORTUNITY TO ENROLL AND SUCCEED. WE SERVE TO SUSTAIN THE UNIQUE EDUCATIONAL QUALITIES AND SOCIETAL CONTRIBUTIONS OF OUR MEMBERS BY IDENTIFYING AND BUILDING ON THEIR SHARED INTERESTS. AIKCU WAS FOUNDED IN 1965 TO SPONSOR COOPERATIVE PROJECTS AIMED AT BENEFITTING ALL MEMBER INSTITUTIONS. UNDER THE AUSPICES OF AIKCU, VARIOUS GROUPS OF INSTITUTIONAL STAFF MEMBERS SUCH AS DEANS, BUSINESS MANAGERS, REGISTRARS AND LIBRARIANS MEET TO DISCUSS MUTUAL CONCERNS AND SHARE IDEAS FOR SOLVING VARIOUS PROBLEMS.

990 for the year ended June 30, 2025

Program accomplishments

  • CONDUCT THE COOPERATIVE EDUCATIONAL PROGRAMS OF THE INDEPENDENT KENTUCKY COLLEGES AND UNIVERSITIES.
    Expenses $925,992 · revenue $413,571

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
61-0655540
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1919
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B40C)
Assets (IRS master file)
$2,976,542
Income (IRS master file)
$1,257,008

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,212,676$1,288,282$2,976,542XML
990June 2024$1,253,632$1,113,628$2,886,407IRS
990June 2023$1,015,170$1,396,650$2,652,368XML
990June 2022$1,877,546$1,103,864$2,858,741IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-0655540).

Questions about ASSOCIATION OF INDEPENDENT KENTUCY COLLEGE AND UNIVERSITIES INC

What is the EIN of ASSOCIATION OF INDEPENDENT KENTUCY COLLEGE AND UNIVERSITIES INC?
The employer identification number (EIN) of ASSOCIATION OF INDEPENDENT KENTUCY COLLEGE AND UNIVERSITIES INC is 61-0655540.
Is ASSOCIATION OF INDEPENDENT KENTUCY COLLEGE AND UNIVERSITIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1919.
Are donations to ASSOCIATION OF INDEPENDENT KENTUCY COLLEGE AND UNIVERSITIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does ASSOCIATION OF INDEPENDENT KENTUCY COLLEGE AND UNIVERSITIES INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ASSOCIATION OF INDEPENDENT KENTUCY COLLEGE AND UNIVERSITIES INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ASSOCIATION OF INDEPENDENT KENTUCY COLLEGE AND UNIVERSITIES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ASSOCIATION OF INDEPENDENT KENTUCY COLLEGE AND UNIVERSITIES INC?
The 990 for the year ended June 30, 2025 names MASON DYER.
Who are the officers and directors of ASSOCIATION OF INDEPENDENT KENTUCY COLLEGE AND UNIVERSITIES INC?
The 990 for the year ended June 30, 2025 lists 20 people; 2 received compensation from the organization, the highest $205,523 (MASON DYER, PRESIDENT).
How much revenue does ASSOCIATION OF INDEPENDENT KENTUCY COLLEGE AND UNIVERSITIES INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,212,676, expenses of $1,288,282 and total assets of $2,976,542 at year end.

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