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

Mission

TO ACTIVELY SEARCH FOR NEW COMPANIES AND INDUSTRIES TO LOCATE IN THE MAYFIELD, KY AND GRAVES COUNTY, KY AREA FOR ECONOMIC DEVELOPMENT.

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.

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