Tri-county Economic Development

FT MITCHELL, KY EIN: 61-1125577 Website

BUILD A WORLD-CLASS ECONOMY IN NORTHERN KENTUCKY THROUGH THE EXPANSION OF EXISTING BUSINESSES AND THE CREATION AND ATTRACTION OF HIGH QUALITY, PRIMARY INDUSTRY EMPLOYERS.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$19.4M

-13.8% YoY

Annual Giving

$213K

+37.8% YoY

Grant Count

2

-33.3% YoY

Avg Grant Size

$107K

+106.7% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$19,403,177$22,520,353$3,479,036
Revenue$3,868,470$3,967,048$3,157,156
Expenses$2,730,865$2,368,189$2,381,999
Qualifying Distributions
Net Investment Income$656,623$132,960$326,806
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$53K$107K$160K$213K3 grants20203 grants20213 grants20223 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

REDI CINCINNATI$200KNORTHERN KENTUCKY REGION…$13K

Grant Size Distribution

14 grants across all recorded years

12<$50K$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

LEE A CRUMEPRESIDENT$328KCHRISTINE RUSSELLVICE PRESIDENT OF STRATEGY$173KKIMBERLY ROSSETTIVICE PRESIDENT OF ECONOMIC$142KCHERY BESLEMPLOYEE$118KANGELA MULBERRYEMPLOYEE$109K

From 2024 filing

NameTitleHoursCompensation
ROBERT A HEILDIRECTOR1
GARY MOOREDIRECTOR1
STEVE PENDERYDIRECTOR1
KRIS KNOCHELMANNDIRECTOR1
JAMES DRESSMANCHAIRMAN1
RHONDA WHITAKERDIRECTOR1
JAMES PARSONSDIRECTOR1
CADY SHORT-THOMPSONDIRECTOR1
FERNANDO FIGUEROADIRECTOR1
KIMM LAUTERBACHDIRECTOR1
GARREN COLVINDIRECTOR1
JOSEPH MEYERDIRECTOR1
NORMAND DESMARAISSECRETARY1
ADRIAN HOTHEMDIRECTOR1
BEN BRANDSTETTERTREASURER1
CAREY SANDERSVICE CHAIR1
TARA HALPINDIRECTOR1
JIM HENNINGDIRECTOR1
JOHN MOCKERDIRECTOR1
JOSEPH CHILLODIRECTOR1
RICHARD ELWELLDIRECTOR1
LEE A CRUMEPRESIDENT29$328,468
KIMBERLY ROSSETTIVICE PRESIDENT OF ECONOMIC34$141,665
CHRISTINE RUSSELLVICE PRESIDENT OF STRATEGY6$173,249
ANGELA MULBERRYEMPLOYEE40$108,652
CHERY BESLEMPLOYEE28$118,115

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

States

Cities

CincinnatiCovingtonFrankfortFt MitchellNewport

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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