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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Shelby County Industrial & Development Foundation Inc.

Shelby County Industrial & Development Foundation Inc.

Fiscal year ending 2024. Filed on November 17, 2025.

316 Main St
Shelbyville, Kentucky 40065

Shelby County Industrial & Development Foundation Inc. (EIN: 61-6035011) has filed an IRS Form 990 since fiscal year 2021. In its fiscal year 2024 IRS Form 990 filing, Shelby County Industrial & Development Foundation Inc., a 501(c)(6) business league, reported compensation for 1 out of 17 total employees. Among the employees shown here, the average compensation is $82,253. The highest compensated employee at Shelby County Industrial & Development Foundation Inc. is Ray Leathers with fiscal year 2024 compensation of $82,253.

Revenue, expenses, and employee compensation

Revenue

$842,115

Expenses

$798,537

Employee compensation

$397,226
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ray Leathers
President and Chief Executive Officer
$82,253
$82,253 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Aaron Garofola
Director
Brian Webb
Director
Dan Ison
Director
Doug Langley
Director
Dr Joshua Matthews
Director
Jack Bragg
Treasurer
Jerry Karem
Director
Pat Hargadon
Chair
Ronald Sowder
Director
Roxann Fry
Director
Steve Meador
Vice Chair
Troy Ethington
Director

Contractors

MD Electric Company
Construction
$420,557

Mission Statement

To promote industrial and commercial development in Shelby County, Kentucky.

Revisions to this organization profile

November 17, 2025:
2024 Shelby County Industrial & Development Foundation Inc. 990 filed
June 17, 2024:
2023 Shelby County Industrial & Development Foundation Inc. 990 filed
March 23, 2023:
2022 Shelby County Industrial & Development Foundation Inc. 990 filed

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