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APPLICANT

The Center for Rural Development

Total Qualifying Score: 4
County (ARC Region): Yes
State (ARC Region): Yes
Q3. IRS Status: Nonprofit – 2
Q4. Parent Entity: No – 1
Q5. 2 or More Full-Time Employees : Yes (as of 12/31/2019)
Q7. Budget Level: Above $3 million or below $100,000 – 0 (Last Fiscal Year Actual Income)
Q8. Restricted Reserves: No – 1
Q9. CARES Act Funding: Yes – 0
Q13. Participation by Executive: Yes


CONTACT & LOCATION INFORMATION

The Center for Rural Development
Somerset, Pulaski County, Kentucky 42501
606-677-6000
Email
www

County (ARC Region) Pulaski
State (ARC Region) Kentucky


ORGANIZATIONAL & FINANCIAL INFORMATION

Q1. Mission:

Established in 1996 through the vision of U.S. Congressman Harold “Hal” Rogers (KY-05), The Center for Rural Development in Somerset, Kentucky is a 501c(3) nonprofit organization fueled by a mission to provide leadership that stimulates innovative and sustainable economic development solutions and a better way of life for the citizens we serve. The Center also aspires to be the nationally recognized model for successful rural development.

Q2. How organization aligns with ARC’s Plan & Goals:

The Center has supported entrepreneurship from the very beginning.  We work throughout our 45 county service region in recruiting and retention of businesses.  We also host a summer camp for high school students with a passion for entrepreneurship.  Each participant is put on a team and that team puts together a business plan by the end of the one week program.  The winning team receives a Provost Scholarship from Eastern Kentucky University.  Through our training program, we are working with employers and employees to increase knowledge, skills and health of our constituents.  The Center has been at the fore front of bringing high speed broadband to Southern and Eastern Kentucky, helping to build the KentuckyWired network.  The Center continues to develop the next generation of leaders through our Rogers Scholars and Rogers Explorers youth programs.  

Q3. IRS Filing Status: 501(c)(3)   

Q4. Unit or Chapter of Larger Organization: No

Q5. Employees:

Full-Time/Part-Time Employees: 28/4 (as of 9/1/2020)

Full-Time/Part-Time Employees: 36/7 (as of 12/31/2019)

Current Year Income/Expenses: $5,995,180/$5,970,061

Q6. Fiscal Year: July-June

Q7. Budget Level

Last Fiscal Year Income/Expenses (Actual): $29, 579,874.00 / $29,914,858.00

Current Year Income/Expenses (Projected): $5,995,180 / $5,970,061

Q8. Restricted Reserves (Amount): No ($)

Q9. CARES Act Funding (Amount): Yes ($452,500.00)
Received From: SBA- Citizens National Bank   Date Received: 4/10/2020
For What Purpose(s): Employee retention and utilities

Q10. Negative Impacts from COVID-19:

After the utilization of PPP, we have had to cut staffing.  All training events stopped. Our in person deliveries of our courses and all events in our building either cancelled or postponed.   

Q11. Top Three Concerns:
Staffing
Generating Revenue
Remaining viable

How Participation in Program Will Address Concerns:

Talking with other entities on what is working and what is not.  Post pandemic strategies. 


COHORT INSTRUCTION

Q12. Applying as a Proposed Cohort? No

Q13. Executive Director or CEO Will Participate in the Program? Yes

Q14. Top Two Choices for Cohort Instruction:

Course #1 Choice: 1-Mission & Operations

Course #2 Choice: 2-Fundraising

Q15. Desired Course Schedule for Cohort Instruction:

#1 Desired Course Schedule: 1-Fall 2020: 6-Week Course (Nov. 9, 2020 – Dec. 18, 2020)

#2 Desired Course Schedule: 2-Fall 2020: 11-Week Course (Nov. 9, 2020 -Jan. 24, 2021)


APPLICATION SUBMITED BY:

Name: Lonnie Lawson, President & CEO

Application Approved by Organization Director or CEO? Yes, Approved by Executive Director/CEO

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