2026-05-07T14:26:33-05:00 2025-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 101 SOUTH 5TH STREET STE 2100 LOUISVILLE KY 40202 990 2024-07-01 610870248 KENTUCKY ASSOCIATION OF COUNTIES INC KENT 5022237667 400 ENGLEWOOD DRIVE FRANKFORT KY 40601 JIM HENDERSON EXECUTIVE DIRECTOR/CEO 5022237667 2026-05-06 1 1 MELANIE MCPEAK P01346034 8885871719 2024 2025-03-06 01:10:19Z DAN MOSLEY 400 ENGLEWOOD DRIVE FRANKFORT KY 40601 11283073 0 X WWW.KACO.ORG X 1974 KY TO IMPROVE AND ENHANCE KENTUCKY'S 120 COUNTY GOVERNMENTS AND THEIR POLITICAL SUBDIVISIONS THROUGH EDUCATIONAL PROGRAMS, COOPERATIVE UNDERTAKINGS, AND ISSUE ADVOCACY. TO PROVIDE, THROUGH RELATED GOVERNMENT PARTNERS, INSURANCE AND FINANCIAL SERVICES TO MEMBERS. 36 32 45 36 1000 0 144550 144200 8843597 8766364 1254856 1163662 101366 117225 10344369 10191451 14000 23000 0 0 6633135 6479542 0 0 0 2052104 2181294 8699239 8683836 1645130 1507615 28780270 31039420 3740914 4374761 25039356 26664659 THE KENTUCKY ASSOCIATION OF COUNTIES (KACO) IS DEDICATED TO SERVING ALL KENTUCKY COUNTIES BY PROVIDING THE HIGHEST QUALITY PROGRAMS/SERVICES AND ADVOCATING LEGISLATIVE SOLUTIONS FOR KENTUCKY'S COUNTIES BOTH TODAY AND TOMORROW. 0 0 5024912 23000 8766364 TO IMPROVE AND ENHANCE KENTUCKY'S 120 COUNTY GOVERNMENTS AND THEIR POLITICAL SUBDIVISIONS THROUGH EDUCATIONAL PROGRAMS, COOPERATIVE UNDERTAKINGS, AND ISSUE ADVOCACY. 5024912 1 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 46 0 1 45 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 36 32 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 1 1 0 KY X X KAREN BASHAM 5022237667 400 ENGLEWOOD DRIVE FRANKFORT KY 40601 ADAM O'NAN PRESIDENT-ELECT 0.60 0.45 X X 6012 4582 0 AMY CHANDLER PAST PRESIDENT 0.60 0.45 X X 5131 4224 0 BERL PERDUE DIRECTOR 0.30 0.00 X 1083 0 0 BOBBY HALL DIRECTOR 0.30 0.00 X 1083 0 0 CHARLES DILLS DIRECTOR 0.38 0.00 X 2166 0 0 CRAIG MILLER DIRECTOR 0.30 0.00 X 1083 0 0 DAN ISON DIRECTOR (TO 09/24) 0.30 0.00 X 808 0 0 DAN MOSLEY PRESIDENT 0.60 0.45 X X 6337 5632 0 DARRIN BENTON DIRECTOR 0.30 0.00 X 1083 0 0 DAVID FIELDS DIRECTOR 0.30 0.45 X 1083 4224 0 DAVID LIVINGSTON IMMEDIATE PAST PRES. 0.60 0.45 X X 6497 5274 0 DAVID NICHOLSON DIRECTOR 0.30 0.45 X 1083 4224 0 DAVID O'NEILL DIRECTOR (TO 09/24) 0.30 0.00 X 808 0 0 DOUG HALL DIRECTOR 0.30 0.00 X 1083 0 0 ELBERT BENNETT DIRECTOR 0.30 0.45 X 1083 4224 0 GARY GINN DIRECTOR (TO 12/24) 0.30 0.00 X 817 0 0 GARY MOORE DIRECTOR 0.30 0.45 X 1083 4224 0 GREG TERRY DIRECTOR 0.30 0.45 X 1083 4224 0 JENNY OLDHAM DIRECTOR (TO 09/24) 0.30 0.00 X 808 0 0 JODI ALBRIGHT DIRECTOR 0.30 0.00 X 1083 0 0 JOE PAT COVINGTON DIRECTOR 0.30 0.30 X 1083 1408 0 JOHN HUNT DIRECTOR 0.38 0.00 X 2166 0 0 JOHN WARD DIRECTOR 0.30 0.45 X 1083 4224 0 JONATHAN BRUER DIRECTOR (FROM 12/24) 0.30 0.00 X 275 0 0 JOSEPH ROSS DIRECTOR (FROM 12/24) 0.30 0.00 X 275 0 0 JOSH LINDBLOM DIRECTOR (FROM 09/24) 0.30 0.00 X 551 0 0 KEVIN ALEXANDER DIRECTOR (FROM 12/24) 0.30 0.00 X 275 0 0 LOUIS KELLY DIRECTOR (FROM 09/24) 0.30 0.00 X 551 0 0 MICHAEL LOGSDON FIRST VICE-PRESIDENT 0.60 0.45 X X 5957 4224 0 ORBREY GRITTON DIRECTOR 0.30 0.45 X 1083 4224 0 PAT WHITE DIRECTOR (FROM 03/25) 0.30 0.00 X 0 0 0 RANDY DIAL DIRECTOR 0.30 0.45 X 1083 4224 0 REAGAN TAYLOR DIRECTOR 0.30 0.45 X 1083 4224 0 RICH LIEBE DIRECTOR (FROM 06/25) 0.30 0.00 X 0 0 0 RICK STILTNER DIRECTOR 0.38 0.00 X 2166 0 0 SCOTT ALEXANDER DIRECTOR 0.30 0.00 X 1083 0 0 SCOTT BATES DIRECTOR 0.30 0.00 X 1083 0 0 STEVE GIVENS DIRECTOR 0.30 0.30 X 1083 1408 0 STEVE HENRY DIRECTOR 0.30 0.45 X 1083 4224 0 TABATHA CLEMONS FIRST VICE-PRESIDENT (TO 12/24) 0.60 0.45 X X 1909 4224 0 WILLIAM HEDGES DIRECTOR (FROM 12/24) 0.30 0.00 X 275 0 0 JAMES HENDERSON EXECUTIVE DIRECTOR/CEO 35.00 5.00 X 293082 1408 92620 TIMOTHY STURGILL GENERAL COUNSEL 35.00 5.00 X 205907 0 69837 KAREN BASHAM CHIEF FINANCIAL OFFICER 35.00 5.00 X 194804 0 65437 TEMPLE JUETT DIRECTOR OF INSURANCE 35.00 5.00 X 197120 0 73491 JENNIFER BURNETT DIRECTOR OF STRATEGIC OPERATIONS 35.00 5.00 X 158578 0 50954 SHELLIE HAMPTON DIRECTOR OF GOVT. AFFAIRS 35.00 5.00 X 134250 0 61042 JON SHARP IT MANAGER 35.00 5.00 X 141123 0 51816 RICH ORNSTEIN STAFF ATTORNEY 35.00 5.00 X 134359 0 50525 LONNIE CAMPBELL ASST. DIR. OF FINANCING SERVICES 35.00 5.00 X 128649 0 47697 KRIS DUNN ASSOCIATE DIR. OF INSURANCE 35.00 5.00 X 124700 0 47288 GRANT SATTERLY FORMER DIR OF FINANCING SER. 35.00 5.00 X 103894 0 20596 1881910 74624 631303 11 1 1 0 COMMONWEALTH ALLIANCES 314 WEST MAIN STREET FRANKFORT KY 40601 CONSULTING 120000 1 144200 144200 PROGRAM ADMINISTRATION 900099 4576557 4576557 MANAGEMENT FEES 900099 3360788 3360788 CONVENTION REVENUE 900099 342655 342655 COUNTY PARTNER PROGRAM 900099 290559 290559 CONSULTING AND ADVISOR 900099 188205 188205 7600 7600 8766364 831298 831298 94095 1000 93095 18000 44210 -26210 -26210 -26210 1339776 40000 1039793 7619 299983 32381 332364 332364 TUITION ASSISTANCE REI 900099 49340 49340 49340 10191451 8766364 1000 1279887 23000 23000 1378674 882300 496374 3363625 2126776 1236849 30294 20488 9806 1706949 1072746 634203 4975 4975 73563 73563 166241 166241 76210 35756 40454 5131 2657 2474 102429 55272 47157 119302 67532 51770 333966 210573 123393 7290 674 6616 265023 265023 15005 9153 5852 CONVENTION EXPENSE 448096 448096 ADVOCACY 223246 223246 COMMUNICATIONS 220602 65707 154895 BOARD FEES AND EXPENSES 112879 112879 7336 4182 3154 8683836 5024912 3658924 0 1384874 1843433 9277982 11107093 251335 240087 505955 338023 52465 51255 14582158 7338815 7318161 7243343 9337759 10123861 565079 0 86660 92325 28780270 31039420 2473811 2950593 1267103 1324168 0 100000 3740914 4374761 X 24617147 26242450 422209 422209 25039356 26664659 28780270 31039420 1507615 117688 0 X X 0 1 X 1 0 X 27650 144350 145548 144550 144200 606298 27650 144350 145548 144550 144200 606298 606298 846236 491425 634946 838343 942393 3753343 1000 1000 1000 1000 1000 5000 31913 150 33196 49340 114599 4479240 41435852 0.13540 0.14270 X KACO REPRESENTS THE NEEDS OF COUNTY GOVERNMENTS IN LEGISLATIVE MATTERS AND PROVIDES A VARIETY OF SERVICES TO PROMOTE THE PROGRESS OF COUNTY GOVERNMENT. IT PROVIDES ASSISTANCE TO THE MEMBERS AND THEIR POLITICAL SUBDIVISIONS. KACO PROVIDES THE FOLLOWING SERVICES: INSURANCE, FINANCING, LEGAL ASSISTANCE, RESEARCH AND PLANNING, ADVOCACY, AND OTHER MEMBER SERVICES. KACO ALSO OFFERS CONTINUING EDUCATION WORKSHOPS FOR THE LOCAL OFFICIALS.THE ORGANIZATION'S MEMBERSHIP INCLUDES THE 120 COUNTY GOVERNMENTS OF KENTUCKY.THE ORGANIZATION CURRENTLY SHOWS THE MEMBERSHIP DUES AS THE ONLY CONTRIBUTION REVENUE RECEIVED. THE MAJORITY OF SUPPORT RECEIVED IS FROM MANAGEMENT FEES AND PROGRAM ADMINISTRATION WHICH IS CONSIDERED PROGRAM SERVICE REVENUE. THE ORGANIZATION OPERATES PROGRAMS WHICH RECEIVE MONEY FROM COUNTIES AND THEIR POLITICAL SUBDIVISIONS. EACH OF THOSE PROGRAMS HAVE THEIR OWN FEDERAL IDENTIFYING NUMBER BUT NO FILING REQUIREMENTS BECAUSE THEY ARE SECTION 115 TYPE ORGANIZATIONS. THE ORGANIZATION HAS LETTER RULINGS FOR TWO OF THOSE PROGRAMS SAYING THEY MEET SECTION 115:KACO ALL LINES FUND (KALF) PROVIDES INSURANCE OTHER THAN WORKMAN'S COMP TO COUNTIESKACO UNEMPLOYMENT (KUI) UNEMPLOYMENT INSURANCE FOR COUNTIESKACO WORKERS COMP (KWC) PROVIDES WORKERS COMPENSATION INSURANCE TO COUNTIESKACO LEASING TRUST (KOLT) PROVIDES FUNDS FOR CAPITAL IMPROVEMENT AND EQUIPMENT AND ASSISTS WITH BOND ISSUES FOR COUNTIES.THE AFFILIATES HAVE THEIR OWN BYLAWS, BOARDS AND BANK ACCOUNTS. ALL OF THE WORK FOR THE PROGRAMS IS DONE BY KACO. KACO'S BOARD ASSIGNS PEOPLE TO THE BOARDS OF THE PROGRAMS.THE SUPPORT THAT IS RECEIVED FROM THOSE PROGRAMS IS TREATED AS GROSS RECEIPTS FROM EXERCISING OR PERFORMING THE ORGANIZATION'S TAX-EXEMPT PURPOSE SINCE THE PURPOSE OF THE PAYMENT IS PRIMARILY TO SERVE THE DIRECT AND IMMEDIATE NEEDS OF THE MEMBER COUNTIES AND THEIR POLITICAL SUBDIVISIONS.THE ORGANIZATION PERFORMS A GOVERNMENT FUNCTION BY PROVIDING SERVICES TO THE COUNTY MEMBERS. CONTROL AND SUPERVISION OF THE ORGANIZATION IS VESTED IN PUBLIC AUTHORITIES BECAUSE ONLY ELECTED OFFICIALS AND INDIVIDUALS APPOINTED AS REPRESENTATIVES OF THE MEMBER COUNTIES HAVE VOTING RIGHTS. STATUTORY AUTHORITY EXISTS FOR THE ORGANIZATION AND ITS INCOME IS FROM THE COUNTIES AND ITS OPERATING EXPENSES ARE DIRECTLY CONNECTED TO THE SERVICE AND IMPROVEMENT OF COUNTY GOVERNMENTS IN THE COMMONWEALTH OF KENTUCKY. THE ORGANIZATION WILL EXPLORE RESTRUCTURING VARIOUS ACTIVITIES TO ASSIST IN ACHIEVING THE 33.33% PUBLIC SUPPORT TEST. 0 1 0 1 1 0 1 159950 0 1 6291 166241 0 1607883 1607883 11717797 6299463 5418334 1025346 904072 121274 231132 135280 95852 7243343 DUE TO RELATED PARTIES 100000 100000 X PART X, LINE 2: KENTUCKY ASSOCIATION OF COUNTIES, INC. IS A NON-PROFIT CORPORATION UNDER THE LAWS OF THE COMMONWEALTH OF KENTUCKY AND HAS BEEN GRANTED EXEMPTION FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE ASC. NO LIABILITY FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. 1 SCHOLARSHIPS 12 23000 PART I, LINE 2: ELIGIBLE STUDENTS COMPLETE A SCHOLARSHIP APPLICATION FOR MONEY TO BE USED FOR TUITION WHILE ATTENDING A KENTUCKY COLLEGE, UNIVERSITY OR TECHNICAL SCHOOL. THE BOARD FORMS A COMMITTEE TO SELECT THE SCHOLARSHIP RECIPIENT BY REVIEWING THE SCHOLARSHIP APPLICATIONS AND ESSAYS THAT ARE SUBMITTED BY THE STUDENTS. THE STUDENTS ARE REQUIRED TO STAY IN SCHOOL TO CONTINUE TO RECEIVE THE SCHOLARSHIP FUNDS EACH YEAR. A STAFF PERSON CONTACTS THE STUDENT OR THEIR PARENTS TO CONFIRM THE STUDENT STILL ATTENDS SCHOOL IN KENTUCKY PRIOR TO ISSUING THE SCHOLARSHIP FUNDS FOR THE UPCOMING SCHOOL YEAR. X X 0 0 0 0 0 0 0 1 0 JAMES HENDERSON EXECUTIVE DIRECTOR/CEO 274173 0 18909 0 0 1408 79806 0 12814 0 385702 1408 0 0 TIMOTHY STURGILL GENERAL COUNSEL 200907 0 5000 0 0 0 57023 0 12814 0 275744 0 0 0 TEMPLE JUETT DIRECTOR OF INSURANCE 192120 0 5000 0 0 0 56777 0 16714 0 270611 0 0 0 KAREN BASHAM CHIEF FINANCIAL OFFICER 189804 0 5000 0 0 0 52623 0 12814 0 260241 0 0 0 JENNIFER BURNETT DIRECTOR OF STRATEGIC OPERATIONS 155578 0 3000 0 0 0 38140 0 12814 0 209532 0 0 0 SHELLIE HAMPTON DIRECTOR OF GOVT. AFFAIRS 130250 0 4000 0 0 0 41728 0 19314 0 195292 0 0 0 JON SHARP IT MANAGER 141123 0 0 0 0 0 39002 0 12814 0 192939 0 0 0 RICH ORNSTEIN STAFF ATTORNEY 134359 0 0 0 0 0 37711 0 12814 0 184884 0 0 0 LONNIE CAMPBELL ASST. DIR. OF FINANCING SERVICES 128649 0 0 0 0 0 36001 0 11696 0 176346 0 0 0 KRIS DUNN ASSOCIATE DIR. OF INSURANCE 124700 0 0 0 0 0 34474 0 12814 0 171988 0 0 0 GRANT SATTERLY FORMER DIR OF FINANCING SER. 57394 0 0 0 46500 0 19810 0 786 0 124490 0 0 0 PART I, LINE 7 THE ORGANIZATION PROVIDES NON-FIXED PAYMENTS IN THE FORM OF BONUSES THAT ARE PERFORMANCE AWARDS AND ARE STRICTLY DISCRETIONARY. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS COMPRISED OF KENTUCKY COUNTIES. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS WHO MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B GENERAL COUNSEL, CFO AND THE AUDIT COMMITTEE WILL REVIEW THE FORM 990. THE FORM 990 WILL BE EMAILED TO THE ENTIRE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REVIEWS THE POLICY ANNUALLY WITH BOARD MEMBERS. THE BOARD MEMBERS MUST SIGN A CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE EXECUTIVE DIRECTOR/CEO IS SET IN CONTRACT BETWEEN THE BOARD AND THE EXECUTIVE DIRECTOR/CEO. COMPENSATION TO KEY EMPLOYEES IS SET BY THE EXECUTIVE DIRECTOR/CEO AND REVIEWED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. THE ORGANIZATION'S EXECUTIVE COMMITTEE CONTINUES TO APPOINT THE INDEPENDENT ACCOUNTANT ON AN ANNUAL BASIS. THE AUDITORS CONTINUE TO MEET WITH THE ORGANIZATION'S MANAGEMENT AND AUDIT COMMITTEE TO DISCUSS THE FINANCIAL STATEMENTS AND THEN MANAGEMENT DISCUSSES THE RESULTS OF THE AUDIT WITH THE ORGANIZATION'S BOARD. KACO ALL LINES FUND 400 ENGLEWOOD DRIVE FRANKFORT KY 40601 311521260 PROVIDE INSURANCE, OTHER THAN WORKER'S COMP, TO COUNTY GOVERNMENTS. KY 115 N/A N/A 0 KACO UNEMPLOYMENT 400 ENGLEWOOD DRIVE FRANKFORT KY 40601 611273692 UNEMPLOYMENT INSURANCE PROGRAM FOR COUNTY GOVERNMENTS KY 115 N/A N/A 0 KACO WORKERS COMP 400 ENGLEWOOD DRIVE FRANKFORT KY 40601 611238476 PROVIDE WORKER'S COMP AND EMPLOYER'S LIABILITY COVERAGE TO COUNTY GOV'T.S KY 115 N/A N/A 0 KACO LEASING TRUST 400 ENGLEWOOD DRIVE FRANKFORT KY 40601 616172148 PROVIDES FUNDS FOR CAPITAL IMPROVEMENTS AND EQUIP PURCHASES FOR COUNTY GOV'T KY 115 N/A N/A 0 KACO FINANCE CORPORATION 400 ENGLEWOOD DRIVE FRANKFORT KY 40601 383841329 PROVIDE FUNDS FOR CAPITAL AND EQUIPMENT PURCHASES FOR COUNTY GOVERNMENT KY 115 N/A N/A 0 KENTUCKY ASSOCIATION OF COUNTIES INSURANCE AGENCY INC 400 ENGLEWOOD DRIVE FRANKFORT KY 40601 611319217 SELLS INSURANCE PRODUCTS TO COUNTY GOVERNMENTS KY KACO C 276548 560129 1.00000 1 1 0 0 0 0 1 0 0 0 0 0 1 1 1 1 0 1 0 0 KENTUCKY ASSOCIATION OF COUNTIES ALL LINES FUND L 2869594 ACTUAL FEE CHARGED KENTUCKY ASSOCIATION OF COUNTIES INSURANCE AGENCY INC L 512312 ACTUAL FEE CHARGED KENTUCKY ASSOCIATION OF COUNTIES LEASING TRUST L 1037787 ACTUAL FEE CHARGED KENTUCKY ASSOCIATION OF COUNTIES UNEMPLOYMENT INSURANCE FUND L 627559 ACTUAL FEE CHARGED KENTUCKY ASSOCIATION OF COUNTIES WORKERS' COMPENSATION FUND L 2890093 ACTUAL FEE CHARGED KENTUCKY ASSOCIATION OF COUNTIES INSURANCE AGENCY INC F 100000 ACTUAL DIVIDEND RECEIVED KENTUCKY ASSOCIATION OF COUNTIES INSURANCE AGENCY INC A 1000 ACTUAL FEE CHARGED