Purchase Area Regional Industrial

Public charity · Grantmaker Mayfield, KY EIN: 61-1393236

To organize, promote, and develop industrial growth in the purchase area of western Kentucky

Key facts about Purchase Area Regional Industrial

EIN
61-1393236
Latest 990 filing
Form 990, 2025
Total assets
$14,742,761

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$14.7M

+4.6% YoY

Revenue

$719K

+31.4% YoY

Net Investment Income

$155K

+1171.6% YoY

Expenses

$71K

+100.0% YoY

About Purchase Area Regional Industrial

Based on IRS filings

Purchase Area Regional Industrial is a public charity focused on Community Improvement & Capacity Building, based in Mayfield, KY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $14.7M in total assets. Net investment income was $155K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

BardwellBentonClintonFultonMurrayWickliffe

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K5 grants20191 grants20210 grants20220 grants20230 grants20240 grants2025

From 2019 to 2021, annual grant giving ranged from $173K (2021) to $243K (2019). In 2021 it made 1 grant totaling $173K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K$800K201920212022202320242025
Metric202520242023
Total Assets$14,742,761$14,097,649$13,575,964
Revenue$718,788$547,145$534,496
Expenses$70,921$35,460$20,440
Net Investment Income$155,337$12,216$2,853

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 July 7, 2020)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS February 21, 2022)
  3. Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)

Leadership & Key People

Officers and directors from IRS filings

Purchase Area Regional Industrial is led by Mark Manning, Chairman on every filing since 2019; none of the 8 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Mark Manning

    Chairman

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Brent Shultz

    Director

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Jerod Webb

    Director

    Secretary & Treasurer → Director, 2022

    On filings since 2019

    2 hrs/week

    No compensation reported

  • John Summers

    Director

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Bruce Wilcox

    Director

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Jim Martin

    Director

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Kenny Wilson

    Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Kevin Spraggs

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

Former officers (5)
  • Former: Martie Wiles (2022–2023) — Director
  • Former: Greg Pruitt (2019–2021) — Vice Chairman
  • Former: Josh Tubbs (2019–2021) — Director
  • Former: Scott Darnell (2019) — Director
  • Former: Wendy Puckett (2019) — Director

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.

Frequently asked questions about Purchase Area Regional Industrial

How large is Purchase Area Regional Industrial?

Purchase Area Regional Industrial reported $14.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $719K.

What is Purchase Area Regional Industrial?

Purchase Area Regional Industrial is a public charity focused on Community Improvement & Capacity Building, based in Mayfield, KY. It holds $14.7M in total assets as of 2025.

Where does Purchase Area Regional Industrial operate?

Purchase Area Regional Industrial has awarded grants in Kentucky.

What is Purchase Area Regional Industrial's EIN?

Purchase Area Regional Industrial's EIN (Employer Identification Number) is 61-1393236. 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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