Webster County Economic Development

Public charity · Grantmaker Dixon, KY EIN: 61-1155497

To promote economic development in Webster county by creating opportunities in conjunction with other organizations to obtain grants and provide seed money to new and existing businesses under state mandated guidelines for such monies.

Key facts about Webster County Economic Development

EIN
61-1155497
Latest 990 filing
Form 990, 2025
Total assets
$61,721

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$62K

-0.7% YoY

Revenue

$414

+2.5% YoY

Net Investment Income

$399

-1.2% YoY

Expenses

$866

+6.5% YoY

How Webster County Economic Development gives

  • Giving grew 1077% from 2019 to 2022. Method

From the foundation's IRS Form 990 filings. Methodology.

About Webster County Economic Development

Based on IRS filings

Webster County Economic Development is a public charity, based in Dixon, KY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $62K in total assets. Net investment income was $399.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

DixonHenderson

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M2 grants2019Total only20200 grants20211 grants20220 grants20230 grants20240 grants2025

From 2019 to 2022, annual grant giving ranged from $3K (2020) to $3.1M (2022). In 2022 it made 1 grant totaling $3.1M.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

The most common grant size was in the $1–5M 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$1M$2M$3M$4M2019202020212022202320242025
Metric202520242023
Total Assets$61,721$62,176$62,585
Revenue$414$404$424
Expenses$866$813$55,075
Net Investment Income$399$404$409

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 February 19, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS February 15, 2021)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS October 27, 2022)
  4. Added Form 990 for fiscal year 2025 (received by the IRS May 8, 2026)

Leadership & Key People

Officers and directors from IRS filings

Webster County Economic Development is led by Nicholas Whitledge, Chairman since 2022 (on filings since 2020); none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Nicholas Whitledge

    Chairman

    Officer → Chairman, 2022

    On filings since 2020

    No compensation reported

  • Michael Farris

    Officer

    Officer → Chairman, 2020

    Chairman → Officer, 2022

    On filings since 2019

    No compensation reported

  • Shellie K. Utley

    Treasurer

    On filings since 2019

    No compensation reported

Former officers (2)
  • Former: Mark Moser (2024) — Officer
  • Former: Steven Whitsell (2019) — Chairman

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 Webster County Economic Development

How large is Webster County Economic Development?

Webster County Economic Development reported $62K in total assets on its 2025 IRS Form 990. Its revenue that year was $414.

Where does Webster County Economic Development operate?

Webster County Economic Development has awarded grants in Kentucky.

What is Webster County Economic Development's EIN?

Webster County Economic Development's EIN (Employer Identification Number) is 61-1155497. 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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