Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1988.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
27 people listed on the 990; $1.1M paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Lee a Crume | $380,540 | $328,468 | $328,468 | $321,851 | $250,841 | $180,304 |
| Christine Russell | $182,011 | $173,249 | $173,249 | $143,235 | $142,474 | — |
| Kimberly Rossetti | $150,865 | $141,665 | $141,665 | $117,167 | $117,392 | — |
| Chery Besl | $121,845 | $118,115 | — | — | — | — |
| Daniel Tobergte | — | — | — | — | — | $120,000 |
| Cheryl Besl | — | — | $118,115 | — | — | — |
| Angela Mulberry | $113,477 | $108,652 | $108,652 | — | — | — |
| David McAleese | $108,639 | — | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Grow Northern Kentucky's economy by expanding businesses and attracting quality employers.
Questions for Tri-County Economic Development Corporation
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Know this org? Add your story
Provision of economic development services to boone, campbell and kenton counties and the municipalities and business interests therein comprised of marketing, attraction, business retension & expansion and entrepreneurial support on a regional, cooperative and unified basis.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $17.5M | $12.3M |
| Land, buildings, equipmentLn 10c | $205K | $295K |
| Total assetsLn 16 | $19.4M | $14.4M |
| LiabilitiesLn 26 | $12.9M | $5.9M |
| Net assetsLn 32 | $6.5M | $8.5M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $498K | |||
| Pay of current officers, directors and key staffLn 5 | $389K | |||
| Other salaries and wagesLn 7 | $822K | |||
| Pension plan contributionsLn 8 | $55K | |||
| Other employee benefitsLn 9 | $125K | |||
| Payroll taxesLn 10 | $84K | |||
| Other fees for servicesLn 11g | $136K | |||
| Advertising and promotionLn 12 | $271K | |||
| OccupancyLn 16 | $95K | |||
| TravelLn 17 | $246 | |||
| Conferences, conventions and meetingsLn 19 | $97K | |||
| Depreciation, depletion and amortizationLn 22 | $24K | |||
| InsuranceLn 23 | $24K | |||
| Other expenses (24a–d)Ln 24 | $496K | |||
| All other expensesLn 24e | $125K | |||
| Total functional expensesLn 25 | $3.2M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $5.5M | $3.2M | $2.3M | $8.5M | 990 PDF |
| FY2024 | $3.9M | $2.7M | $1.1M | $6.5M | 990 PDF |
| FY2023 | $4.0M | $2.4M | $1.6M | $5.1M | 990 PDF |
| FY2022 | $3.2M | $2.4M | $775K | $3.4M | 990 PDF |
| FY2021 | $1.4M | $2.0M | −$617K | $2.7M | 990 PDF |
| FY2020 | $2.2M | $2.4M | −$204K | $3.3M | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $5,521,200 revenue, 12 lines filed
Part VI · Governance 21 of 21 board members independent, 1 to look at
Part VIII · Statement of revenue $5,521,200 across 5 lines filed
Part IX · Statement of functional expenses $3,239,326 across 15 lines filed
Part X · Balance sheet $14,430,781 assets, 17 lines filed
Part XI · Reconciliation of net assets $8,533,119 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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