KENTUCKY SCIENCE AND TECHNOLOGY CORPORATION | KSTC

LEXINGTON, KY | Fayette County
Economic Development

Overview

KENTUCKY SCIENCE AND TECHNOLOGY CORPORATION | KSTC
61-1135362
200 W VINE ST STE 420
LEXINGTON, KY 40507
Fayette County
(859) 233-3502

info@kstc.com
Mission Statement info

TO IMPROVE THE CAPACITY OF PEOPLE, COMPANIES AND ORGANIZATIONS IN KENTUCKY TO DEVELOP AND APPLY SCIENCE AND TECHNOLOGY AND COMPETE RESPONSIBLY IN THE GLOBAL MARKETPLACE.

CRA Category info
  • Economic Development
Nonprofit location info
  • Opportunity Zone
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
1987
Total Employees info
37
Total Volunteers info
0
Nonprofit Classification (NTEE Code) info
-

Not reported

IRS Activity Codes info
123
Discussion groups, forums, panels lectures, etc.
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
-
Not reported
Targeted Clients info
  • College Students
  • Economically Disadvantaged
  • K-12 Students
  • Entrepreneurs
  • Military
  • Minority-Owned Businesses
  • Small Businesses
  • Veterans
CRA Income Characteristics info
    This nonprofit has claimed its profile but has not yet provided this information.

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Programs & Services info

Not reported by nonprofit


This nonprofit has claimed its profile but has not yet provided this information.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$6.2M
Revenue
$6.2M
Assets
$22M
Exempt Ruling Date info
1988-06
Deductibility Status info
Deductible
Last Tax Filing info
2020
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
KY
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

Nonprofit Location

Physical Address info
200 W VINE ST STE 420
LEXINGTON, KY 40507
Fayette County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
30460
MSA/MD info
21
State info
067
County info
0001.01
Tract info
Unknown
Income Level info
Core-Based Statistical Area info
30460 - Lexington-Fayette, KY
Combined Statistical Area info
336 - Lexington-Fayette--Richmond--Frankfort, KY
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 35.57%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info
  • KY - All Counties

Market Data

Census Tract County
0001.01 Fayette County
Population
Total Population 3,000 322,200
Total Households 2,048 130,926
Income
Median Family Income (Census*) $0 $58,954
Median Family Income (2022 FFIEC est.) $87,300 N/A
Tract Income Percentage 0% N/A
Below Poverty Level 40.7% 15.8%
Unemployment Level 5.3% 5.2%
Housing
Total Housing Units 2,246 142,813
Total Owner-Occupied Units 15.7% 54.6%
Total Renter-Occupied Units 75.5% 45.4%
Total Vacant Units 8.8% 5.9%
* Census tract income based on 2020 Census estimated data; County income based on 2020 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

13
Total Voting Members
in Governing Body
info
13
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
F T Samuel Jr.
President
(859) 233-3502
Principal Officer info
F T Samuel Jr.
findCRA Profile Owner
Kelby Price
Executive Director, Venture Finance
kprice@kstc.com
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.