The Center for Rural Development Inc.

Fiscal year ending 2025. Filed on December 12, 2025.

2292 S Highway 27 Ste 300
Somerset, Kentucky 42501

The Center for Rural Development Inc. (EIN: 61-1291304) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2025 IRS Form 990 filing, The Center for Rural Development Inc., a 501(c)(3) charitable organization, reported compensation for 3 out of 42 total employees. Among the employees shown here, the average compensation is $179,173. The highest compensated employee at The Center for Rural Development Inc. is Lonnie Lawson with fiscal year 2025 compensation of $204,083.

Revenue, expenses, and employee compensation

Revenue

$9,890,455

Expenses

$10,550,812

Employee compensation

$2,669,953

Reported Compensated Employees

Lonnie Lawson

President and Chief Executive Officer

$204,083

$174,353 No related comp$29,730

Richard Taylor

Executive Vice President

$196,085

$155,000 No related comp$41,085

Zachary Ausmus

Broadband MA

$137,352

$125,000 No related comp$12,352

Non-Employee Board Members

Dr Allison Cherry

Dr Laura Stephenson

Jerry A Rickett

Mission Statement

TO PROVIDE ECONOMIC DEVELOPMENT TO SOUTHEASTERN KENTUCKY.

Revisions to this organization profile

December 12, 2025:

2025 The Center for Rural Development Inc. 990 filed

January 28, 2025:

2024 The Center for Rural Development Inc. 990 filed

January 29, 2024:

2023 The Center for Rural Development Inc. 990 filed

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