Mission
TO ACTIVELY SEARCH FOR NEW COMPANIES AND INDUSTRIES TO LOCATE IN THE MAYFIELD, KY AND GRAVES COUNTY, KY AREA FOR ECONOMIC DEVELOPMENT.
Public Charity
GRAVES COUNTY ECONOMIC DEVELOPMENT
GRAVES COUNTY ECONOMIC DEVELOPMENT is a Public Charity headquartered in MAYFIELD, KY. Financial data from the 2025 filing: $414K revenue, $515K expenses, $6.1M total assets.
EIN: 311027582
MAYFIELD, KY
Rural Economic Development
NTEE: S32
Latest filing: 2025
Total Revenue$414K
Total Expenses$515K
Total Assets$6.1M
Grant Records0
Filing Years2019–2025
Where $100 goes at Graves County Economic Development
How Graves County Economic Development divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$90
Programs
the work itself
$9
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $90 for programs
$90
To actively search for new companies and industries to locate in the Mayfield, ky and graves county, ky area for economic development
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
BOARD MEMBER
Brad Dame
BOARD MEMBER
Brent Shultz
BOARD MEMBER
Dave Anderson
BOARD MEMBER
Gavin Williams
BOARD MEMBER
Gracie Cavin
PRESIDENT
Jason Lemle
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $414K | $515K | $6.1M |
| 2024 | $596K | $1.4M | $5.3M |
| 2023 | $81K | $13K | $473K |
| 2020 | $1.8M | $572K | $7.8M |
| 2019 | $2.8M | $712K | $5.9M |
Between 2019 and 2025, reported annual revenue declined from $2.8M to $414K (-85%), with total assets most recently reported at $6.1M.
Interactive year-over-year charts and full filing details available with membership.