Nonprofit · EIN 82-1630163
LOUISVILLE REGIONAL AIRLIFT DEVELOPMENT INC
Tax-exempt · LOUISVILLE, KY 40202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $0 | $249,939 | -$249,939 | $296,884 | $0 | $296,884 |
| December 31, 2024 | 990 | $162,275 | $430,560 | -$268,285 | $546,823 | $0 | $546,823 |
| December 31, 2023 | 990 | $657,944 | $1,117,689 | -$459,745 | $815,108 | $0 | $815,108 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $247,504
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,400
- Program services (functional)
- $247,504
- Management and general (functional)
- $2,435
Balance sheet and other
- Total assets, start of year
- $546,823
- Total assets, end of year
- $296,884
- Total liabilities, end of year
- $0
- Net assets, end of year
- $296,884
- Gross receipts
- $0
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2017
- State of legal domicile
- KY
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SANDRA FRAZIER | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| ED GLASSCOCK | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| MICHAEL MOUNTJOY | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SANDRA FRAZIER | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| ED GLASSCOCK | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| MICHAEL MOUNTJOY | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KOLEMAN KARLESKI | BOARD CHAIR Trustee or director, Officer | 2 | $0 |
| ED GLASSCOCK | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 |
| SANDRA FRAZIER | SECRETARY Trustee or director, Officer | 2 | $0 |
| MICHAEL MOUNTJOY | TREASURER Trustee or director, Officer | 2 | $0 |
| JOHN MOORE | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 471 W MAIN ST STE 301, LOUISVILLE, KY 40202-2940
- Principal officer (990 for 2025)
- SANDRA FRAZIER, 471 W MAIN ST SUITE 301, LOUISVILLE, KY 40202
- Signed the 990
- SANDRA FRAZIER, BOARD CHAIR
- Phone
- (502) 587-7220
- Return prepared by
- LAURA FORBES
Mission
OUR MISSION IS TO DEVELOP NEW NONSTOP AIR SERVICE ROUTES FROM LOUISVILLE INTERNATIONAL AIRPORT TO IMPORTANT DOMESTIC AND INTERNATIONAL DESTINATIONS OVER A MULTI-YEAR PERIOD TO BENEFIT THE ENTIRE REGION.
Program accomplishments
- LOUISVILLE, KY AREA CIVIC AND BUSINESS LEADERS IN CONJUNCTION WITH STATE AND LOCAL GOVERNMENTS IMPROVED NONSTOP AIR SERVICE AT LOUISVILLE INTERNATIONAL AIRPORT BY COMMITTING TO PARTICIPATE IN MINIMUM REVENUE GUARANTEES TO SHARE UPFRONT RISK WITH AIRLINES, AGREEING TO FLY NEW NONSTOP ROUTES AND MAXIMIZING AIRPORT-BASED INCENTIVES AND MARKETING SUPPORT FOR EACH NEW ROUTE.Expenses $247,504 · grants $247,504
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-1630163
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $296,884
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $0 | $249,939 | $296,884 | XML |
| 990 | December 2024 | $162,275 | $430,560 | $546,823 | XML |
| 990 | December 2023 | $657,944 | $1,117,689 | $815,108 | XML |
| 990 | December 2022 | $250,000 | $251,604 | $1,275,147 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | 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 82-1630163).
Questions about LOUISVILLE REGIONAL AIRLIFT DEVELOPMENT INC
- What is the EIN of LOUISVILLE REGIONAL AIRLIFT DEVELOPMENT INC?
- The employer identification number (EIN) of LOUISVILLE REGIONAL AIRLIFT DEVELOPMENT INC is 82-1630163.
- Is LOUISVILLE REGIONAL AIRLIFT DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to LOUISVILLE REGIONAL AIRLIFT DEVELOPMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOUISVILLE REGIONAL AIRLIFT DEVELOPMENT INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of LOUISVILLE REGIONAL AIRLIFT DEVELOPMENT INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOUISVILLE REGIONAL AIRLIFT DEVELOPMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LOUISVILLE REGIONAL AIRLIFT DEVELOPMENT INC?
- The 990 for the year ended December 31, 2025 names SANDRA FRAZIER.
- Who are the officers and directors of LOUISVILLE REGIONAL AIRLIFT DEVELOPMENT INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does LOUISVILLE REGIONAL AIRLIFT DEVELOPMENT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $0, expenses of $249,939 and total assets of $296,884 at year end.
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All nonprofits in LOUISVILLE · Kentucky · Community improvement and capacity building