Overview
What is Louisville Arena Authority Inc?
The Louisville Arena Authority Inc, established in 2005 under Kentucky Governor Ernie Fletcher's leadership, is a nonprofit organization responsible for overseeing the financial process of the KFC Yum! Center in downtown Louisville, Kentucky. This multi-purpose arena, developed, financed, and constructed under the authority's guidance, is a hub for community-oriented events and operates year-round. It has attracted various events, such as University of Louisville basketball games, concerts, family shows, and private functions. The arena has led to the growth of new businesses in the area, contributing to additional economic development in downtown Louisville.
Official website here: www.kfcyumcenter.com
Is Louisville Arena Authority Inc legitimate?
Louisville Arena Authority Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisville Arena Authority Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.kfcyumcenter.com
What is the mission statement of Louisville Arena Authority Inc?
The Louisville Arena Authority is responsible for financing and managing a multi-purpose arena. This venue hosts a range of community-oriented events open to the public, such as University of Louisville basketball games, concerts, family shows, and other events. The Authority played a key role in the development, financing, and construction of the arena, selecting partners for financing, construction, design, and management. Since its opening, the arena has attracted high interest and led to the establishment of new businesses nearby, contributing to economic development.
Official website here: www.kfcyumcenter.com
Who is the CEO of Louisville Arena Authority Inc?
Leslie Geoghegan is the Director of Louisville Arena Authority Inc.
Official website here: www.kfcyumcenter.com
What is the revenue of Louisville Arena Authority Inc?
Louisville Arena Authority Inc's revenue in 2022 was $43,721,895.
Official website here: www.kfcyumcenter.com
Who are the executives of Louisville Arena Authority Inc and what are their salaries?
- Secretery Michael Brown (Director)
- Shannon Cales (Director)
- Secretary Larry Hayes (Director)
- Secretary Don Parkinson (Director)
- Steve Rowland (Director)
- Dale Romans (Director)
- Michael Jones (Director)
- Seema Singal (Director)
- Leslie Geoghegan (Chair) [Trustee/Director]
- Darrin Mccauley (Director)
- Andrew Owen (Director)
- Markus Winkler (Ex-Officio) [Trustee/Director]
- Deepak Tiwari (Director)
- Louie Seger (Vice Chair) [Trustee/Director]
- Nicole Yates (Director)
Official website here: www.kfcyumcenter.com
Where can I find the form 990 for Louisville Arena Authority Inc?
The Louisville Arena Authority Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.kfcyumcenter.com
Learn more at the official website: www.kfcyumcenter.com
Mission Statement of Louisville Arena Authority Inc
The Louisville Arena Authority Inc is a dedicated organization tasked with financing and managing a multi-purpose arena in Kentucky. This arena serves as a vibrant community hub, hosting a diverse range of events open to the public. Its offerings include University of Louisville men's and women's basketball games, concerts, family shows, and various private events.
Established in 2005 under the guidance of then Kentucky Governor Ernie Fletcher, the Louisville Arena Authority played a pivotal role in the development, financing, and construction of the $238 million arena. The organization carefully selected partners for financing, construction, design, and management, with AEG Management Louisville, LLC currently overseeing operations.
Since its inception, the arena has become a beacon for community-oriented events, attracting numerous visitors and contributing to the surge of new businesses in the area. The KFC Yum! Center has been home to University of Louisville basketball games, a multitude of concerts, family shows, and private events, all of which have kept interest high and solidified the arena's place as a significant economic driver in the community.
Impact
This information is meant to be a general summary of Louisville Arena Authority Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Louisville Arena Authority Inc's impact can be seen through its role in financing and overseeing the management of the KFC Yum! Center in downtown Louisville, Kentucky. The arena serves as a venue for a wide range of community-oriented events, including University of Louisville men's and women's basketball games, concerts, family shows, and private events. Since its opening, the KFC Yum! Center has attracted significant interest and foot traffic, leading to the growth of new businesses in its vicinity. This economic development has positively affected downtown Louisville, as anticipated, contributing to the revitalization and vibrancy of the area. The Louisville Arena Authority's efforts have not only enhanced the cultural and entertainment landscape of the city but also stimulated economic growth and development in the local community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OPERATIONS CONTRACTS
Revenue
$1,601,342
SUITE & PREMIUM SEATING
Revenue
$1,457,597
OTHER OPERATING INCOME
Revenue
$100,874
Organization Details
Founding Year
2006
Phone
(502) 690-9096
Principal Officer
Leslie Geoghegan
Main Address
ONE ARENA PLAZA, LOUISVILLE, KY, 402021363
Website
www.kfcyumcenter.com
NTEE Category
Code: N31 - Recreation
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