Public Charity

THE MET DEVELOPMENT INC

Based in LEXINGTON, KY, THE MET DEVELOPMENT INC operates as a Public Charity. The organization reported $1.4M in revenue, $1.3M in expenses, $26.1M in total assets for fiscal year 2024.

EIN: 832503851 LEXINGTON, KY Latest filing: 2024

Total Revenue$1.4M

Total Expenses$1.3M

Total Assets$26.1M

Grant Records1

Filing Years2019–2024

Mission

TO ENGAGE IN ECONOMIC DEVELOPMENT BY REVITALIZING A SEVERELY ECONOMICALLY DISTRESSED COMMUNITY.

Officers & Directors

DIRECTOR John Watz

PRESIDENT Kevin Smith

DIRECTOR William Moody

Officer compensation and complete director data available with membership.

Financial Trends

Year	Revenue	Expenses	Assets
2024	$1.4M	$1.3M	$26.1M
2023	$1.4M	$1.3M	$26.1M
2022	$1.4M	$1.3M	$26.0M
2020	$27K	$411K	$25.3M
2019	$5.0M	$33K	$17.3M

Between 2019 and 2024, reported annual revenue declined from $5.0M to $1.4M (-72%), with total assets most recently reported at $26.1M.

Interactive year-over-year charts and full filing details available with membership.

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