Central Region Innovation and Commercialization Center Inc logo

Central Region Innovation and Commercialization Center Inc

Public charity · Grantmaker Bowling Green, KY EIN: 37-1441604 Website

Economic development, support entrepreneurial ecosystem building and business development within the central region of Kentucky.

Key facts about Central Region Innovation and Commercialization Center Inc

EIN
37-1441604
Latest 990 filing
Form 990, 2025
Total assets
$154,281

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$154K

+66.8% YoY

Revenue

$458K

+54.2% YoY

Expenses

$412K

+9.6% YoY

About Central Region Innovation and Commercialization Center Inc

Based on IRS filings

Central Region Innovation and Commercialization Center Inc is a public charity focused on Community Improvement & Capacity Building, based in Bowling Green, KY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $154K in total assets.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Bowling GreenCentral CityDawson SpringsFancy Farm

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K0 grants2019 0 grants2021 4 grants2022 0 grants2023 0 grants2024 0 grants2025

In 2022 it made 4 grants totaling $35K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
$0$200K$400K$600K2019 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$154,281$92,518$166,679
Revenue$457,941$297,039$450,611
Expenses$412,434$376,202$397,662

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS March 10, 2020)
  2. Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
  3. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Central Region Innovation and Commercialization Center Inc is led by William J. Hook, Executive Director on every filing since 2019; 3 of 8 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • William J. Hook

    Executive Director

    On filings since 2019

    40 hrs/week

    $37K (2019) → $38K (2025)

  • Blaine Ferrell

    President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Lois Hall

    Accountant

    On filings since 2021

    10 hrs/week

    $2K (2021) → $955 (2025)

  • Henry B. Steen

    Program Manager

    New on the 2025 filing

    1 hr/week

    $53K (2025)

  • D. Gaines Penn

    Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jeremy Jacobs

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Richard Callahan

    Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

  • John Higgins

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Ann Mead (2021–2023) — Board Member
  • Former: Buddy Steen (2022–2023) — Executive in Residence

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Henry B Steen — Program Manager: $53KHenry B SteenProgram Manager$53KWilliam J Hook — Executive Director: $38KWilliam J HookExecutive Director$38KLois Hall — Accountant: $955Lois HallAccountant$955

The highest reported compensation on the 2025 filing was $53K, to Henry B Steen (Program Manager). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Central Region Innovation and Commercialization Center Inc

How large is Central Region Innovation and Commercialization Center Inc?

Central Region Innovation and Commercialization Center Inc reported $154K in total assets on its 2025 IRS Form 990. Its revenue that year was $458K.

What is Central Region Innovation and Commercialization Center Inc?

Central Region Innovation and Commercialization Center Inc is a public charity focused on Community Improvement & Capacity Building, based in Bowling Green, KY. It holds $154K in total assets as of 2025.

Where does Central Region Innovation and Commercialization Center Inc operate?

Central Region Innovation and Commercialization Center Inc has awarded grants in Kentucky.

What is Central Region Innovation and Commercialization Center Inc's EIN?

Central Region Innovation and Commercialization Center Inc's EIN (Employer Identification Number) is 37-1441604. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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