FIVCO Area Development District

What FIVCO Area Development District does

FIVCO Area Development District is a quasi-governmental regional planning agency created under Kentucky Revised Statutes KRS Chapter 147A and founded in 1968 to serve five northeastern Kentucky counties: Boyd, Carter, Elliott, Greenup, and Lawrence. Headquartered at 32 FIVCO Court in Grayson, Kentucky, and governed by a 25-member Board of Directors composed of locally elected officials and citizen members, FIVCO operates as a multi-service local agency with divisions spanning Aging and Disability Services, Community and Economic Development, Regional Transportation Planning, GIS, and Public Utilities coordination. Core service delivery is anchored by the Aging and Disability Resource Center (ADRC) as a single point of entry, with downstream programs including Title III senior centers and meals, the Homecare Program, National Family Caregiver Support, Participant Directed Services (Medicaid waiver), Long-Term Care Ombudsman, and State Health Insurance Assistance Program (SHIP). The economic development arm manages a Revolving Loan Fund (capped at $250,000 per application), CDBG grant administration, a 1,000-acre EastPark Industrial Park, and GIS-based mapping and analysis services that integrate GPS-collected field data with regional datasets covering utilities, demographics, flood zones, and zoning.

FIVCO's revenue model is overwhelmingly grant-funded, drawing on federal pass-throughs from the Economic Development Administration, Appalachian Regional Commission, USDA Rural Development, HUD (CDBG), and the Administration on Aging, supplemented by Kentucky state agency allocations and county/city member dues. The Revolving Loan Fund generates interest income on small-business loans (with a $250 non-refundable application fee), and GIS services generate nominal unit-priced revenue ($2-$8 per map). Most direct services to residents are provided at no charge to eligible individuals, making the organization functionally a public service delivery vehicle rather than a commercial enterprise. Recent strategic activity includes the 2026 launch of a Recovery Community Center ($434,596 grant), a partnership with Kentucky APEX Accelerator for government contracting assistance, establishment of a Regional Health & Wellness Council, and restructuring of the Aging and Disability Services division. FIVCO's customers are heterogeneous: individual seniors and adults with disabilities receiving care, caregivers accessing support services, local governments receiving planning and grant administration support, and small businesses accessing revolving loan capital and procurement assistance.

Name

FIVCO Area Development District

Legal name

FIVCO Area Development District

Website

https://fivco.org

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

11–50 employees

Short description

FIVCO Area Development District is a quasi-governmental regional planning agency created under Kentucky law (KRS Chapter 147A) that delivers aging and disability services, economic development programs, transportation planning, and GIS mapping across five northeastern Kentucky counties (Boyd, Carter, Elliott, Greenup, Lawrence), funded primarily by federal and state grants.

Ownership category

akta.pro rank

Product category

Regional Government Services

NAICS

Administration of Urban Planning and Community and Rural Development (92512), Services for the Elderly and Persons with Disabilities (624120)

SIC

Services-Social Services (8300)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

akta.pro secondary industries

Community Centers & Neighborhood Support Services (BPAGAEAL), Community Resources, Social Services & Transportation Coordination (HLADALAK), Community Development & Neighborhood Revitalization Housing Programs (FSALAKAO)

Keywords

• Regional planning services
• Aging and disability services
• Economic development programs
• Community development block grants
• Small business lending

Headquarters

HQ city

Grayson

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Federal and State Grants: Primary funding from federal agencies including Economic Development Administration (EDA), Appalachian Regional Commission (ARC), USDA Rural Development, Department of Housing and Urban Development (CDBG), and state funding through Kentucky Infrastructure Authority, Kentucky Transportation Cabinet, and Kentucky Department for Aging and Independent Living.
2. Revolving Loan Fund Interest: Revenue generated from interest on loans made to small businesses through the Revolving Loan Fund program. Loans capped at $250,000 per application with maximum $20,000 per job created.
3. Program Fees and Cost Recovery: Fees for services including GIS map printing (ranging from $2-$8 depending on size and type), and application fees such as $250 non-refundable RLF application fee.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

FIVCO Area Development District is a quasi-governmental regional planning and direct service agency created under Kentucky Revised Statutes (KRS Chapter 147A) serving Boyd, Carter, Elliott, Greenup, and Lawrence counties in northeastern Kentucky. It delivers aging and disability services (senior centers, home-delivered meals, homecare, caregiver support, Medicaid waiver/Participant Directed Services, and Long-Term Care Ombudsman advocacy), economic and community development (CDBG grant administration, a Revolving Loan Fund for small businesses, EastPark Industrial Park, and tourism promotion), regional transportation planning, and GIS mapping services. Programs are delivered through five senior centers, an Aging and Disability Resource Center, and partnerships with state, federal, and local entities.

Product overview

FIVCO Area Development District operates as a regional government agency providing a comprehensive portfolio of social services, economic development programs, and community planning services across five counties in northeastern Kentucky (Boyd, Carter, Elliott, Greenup, and Lawrence). The organization functions as a multi-service operation with distinct divisions for Aging and Disability Services (including senior centers, homecare, caregiver support, and long-term care advocacy), Community and Economic Development (including CDBG grants, revolving loan funds, and industrial park management), Regional Transportation Planning, GIS mapping services, and Public Utilities coordination. Services are delivered through programs such as the Aging and Disability Resource Center (ADRC) as the primary intake hub, with specialized programs for seniors (Title III), caregivers (National Family Caregiver Support), and individuals requiring Medicaid waivers (Participant Directed Services). The economic development arm manages EastPark Industrial Park and operates a Revolving Loan Fund for small businesses. The organization also coordinates regional health initiatives through its Regional Health & Wellness Council.

Differentiator

Problem solved

Functional benefit

Products and services

• Aging and Disability Resource Center (ADRC) A one-stop shop and single point of entry connecting older adults, individuals with disabilities, and caregivers across Boyd, Carter, Elliott, Greenup, and Lawrence counties with information and assistance on long-term care services, public assistance programs, and private resources.
• Homecare Program A social program providing assessment, case management, homemaker/home management, personal care, home-delivered meals, and respite services to seniors aged 60+ in their homes across the FIVCO region.
• Title III Program (Senior Centers and Meals) Administered through five multi-purpose senior citizen centers and two nutrition sites across the FIVCO counties, providing congregate meals, home-delivered meals, education, outreach, information and assistance, recreation, transportation, and related senior services.
• National Family Caregiver Support Program A federally funded program offering flexible benefits and support services to informal caregivers of older adults, individuals with Alzheimer's or related disorders, and grandparents or relatives age 55+ raising relative children.
• Long-Term Care Ombudsman Advocacy services for residents of nursing homes, personal care homes, and family care homes across all five counties, identifying, investigating, and resolving complaints and representing residents before governmental agencies.
• Participant Directed Services (PDS) Allows individuals who qualify for an institutional level of care to choose who provides their non-medical Medicaid waiver services, providing Support Broker/Case Management and Financial Management Services to enable greater choice, flexibility, and control over supports and services.
• State Health Insurance Assistance Program (SHIP) Provides access and education on public and private benefits such as Medicare for individuals aged 60 or older and people with disabilities to help them make informed decisions on programs affecting their quality of life.
• Kentucky Caregiver (Grandparents Raising Grandchildren) Provides financial assistance and supportive services, including information, support groups, counseling, assistance accessing services, and financial assistance for clothing, respite, and educational supplies, for grandparents and relatives age 55+ raising relative children.
• Elder Abuse Awareness Raises awareness about elder abuse as a mandatory reporting offense under Kentucky law (KRS 209.030), providing information on financial exploitation and tips on avoiding scams for older adults, caregivers, and the public.
• Community Development Block Grant (CDBG) Assistance Assists local communities and government entities in the five-county region with applying for and administering HUD Community Development Block Grant funding for neighborhood revitalization, affordable housing, economic opportunities, infrastructure, and community facilities.
• Revolving Loan Fund (RLF) Program A locally controlled source of capital financing start-up and expanding small businesses whose projects will create jobs, with a maximum loan of $250,000 per application, capped at $20,000 per job created, and a $250 non-refundable application fee.
• EastPark Industrial Park The marketing name for a 1,000-acre multi-use business park near Ashland and Grayson, Kentucky, managed and marketed to attract industrial and commercial employers to the FIVCO region (Site A 248 acres, Site B 615 acres).
• Geographic Information System (GIS) Services GIS mapping and analysis services leveraging GIS software and GPS data collection to create and maintain digital geographic data and thematic maps covering water/wastewater systems, streets, zoning, demographics, flood zones, and aerial photography for the FIVCO ADD region.
• Regional Transportation Planning Supports the Kentucky Transportation Cabinet's statewide transportation planning process through the Regional Transportation Committee, assisting local governments and helping develop effective regional transportation systems across the five-county area.
• Public Utilities Coordination Coordinates and provides information on water systems, wastewater systems, and utility services across Boyd, Carter, Elliott, Greenup, and Lawrence counties for local governments and utilities.
• Tourism Promotion Promotes regional tourism across the five-county area, including Carter Caves State Resort Park, Grayson Lake State Park, Greenbo Lake State Resort Park, and Yatesville Lake State Park.
• Recovery Community Center A nonprofit, peer-led recovery community model supporting individuals in recovery from substance use disorder through advocacy, education, and services, established with $434,596 in Boyd County in 2026 in partnership with Hillcrest-Bruce Mission, UK King's Daughters, Pathways Inc., Ramey-Estep/Re-group, and Tri-State Primary Care.

Quantifiable outcome

• Serving 168 seniors with weekend meal deliveries through partnership with Pallottine Foundation and Northeast Kentucky Community Action Agency
• +1 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Seven partnerships are on record, tiered core and major.

• Kentucky APEX AcceleratorcoreStrategic or Co-development Partner · 4 June 2026Kentucky APEX Accelerator, an initiative of Kentucky Science and Technology Corporation, partnered with FIVCO to establish a shared office space in Grayson, Kentucky. This expands the APEX Accelerator's statewide footprint to 10 regional offices, providing no-cost government contracting assistance to Eastern Kentucky businesses. FIVCO provides shared office infrastructure for Senior Procurement Consultant Eric Byrd.
• Hillcrest-Bruce MissioncoreStrategic or Co-development Partner · 24 April 2026Donated space for the new Recovery Community Center in Boyd County. The facility, previously used as a preschool, will be repurposed to provide a welcoming environment for individuals in recovery from substance use disorder.
• UK King's DaughtersmajorStrategic or Co-development Partner · 24 April 2026Healthcare provider partner collaborating with FIVCO ADD on the Recovery Community Center initiative to expand peer-based recovery support services in Boyd County.
• Pathways, Inc.majorStrategic or Co-development Partner · 24 April 2026Behavioral health provider partner in the Recovery Community Center project, supporting the region's coordinated response to substance use disorder.
• Ramey-Estep/Re-groupmajorStrategic or Co-development Partner · 24 April 2026Partner in the Recovery Community Center initiative providing recovery support services to individuals in the Boyd County region.
• Tri-State Primary CaremajorStrategic or Co-development Partner · 24 April 2026Healthcare partner collaborating on the Recovery Community Center to provide comprehensive support services including health, employment, and social services connections.
• Northeast Kentucky Community Action AgencycoreStrategic or Co-development Partner · 1 January 2025Serving as fiscal sponsor and partnered with FIVCO to secure Pallottine Foundation funding for weekend meal deliveries. Also serves as one of two meal providers for the program.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Big Sandy Area Development District: One of the 15 Kentucky Area Development Districts, serving a contiguous and demographically similar Appalachian region (Johnson, Magoffin, Martin, Floyd, Pike counties). Operates the same KRS 147A model with aging, economic development, transportation, GIS, and RLF programs.
• Gateway Area Development District: Another Kentucky ADD serving Bath, Menifee, Montgomery, Morgan, and Rowan counties. Runs the same statutory mix of Area Agency on Aging, CDBG, RLF, transportation planning, and GIS services as FIVCO, making it a like-for-like functional peer.
• Kentucky River Area Development District: Kentucky ADD serving Breathitt, Knott, Lee, Leslie, Letcher, Owsley, Perry, and Wolfe counties. Like FIVCO, it is a rural, distressed eastern Kentucky district with parallel aging, economic development, and community development programs under KRS 147A.
• Cumberland Valley Area Development District: Kentucky ADD covering Bell, Clay, Harlan, Jackson, Knox, Laurel, Rockcastle, and Whitley counties. Operates the same regional development, aging, transportation, and RLF service stack as FIVCO in a similar rural southeastern Kentucky service area.
• Lake Cumberland Area Development District: Kentucky ADD serving Adair, Casey, Clinton, Cumberland, Green, McCreary, Pulaski, Russell, Taylor, and Wayne counties. Comparable statutory regional planning and aging/disability services structure under KRS 147A.
• Bluegrass Area Development District: Kentucky ADD serving 17 central Kentucky counties with the same KRS 147A mandate for aging, community development, transportation, GIS, and economic development services; comparable organizational structure though in a more urbanized region.
• Buffalo Trace Area Development District: Kentucky ADD serving Bracken, Fleming, Lewis, Mason, and Robertson counties. Shares the same Area Agency on Aging, CDBG, RLF, and regional planning footprint as FIVCO, making it a near-substitute in service model.
• Pennyrile Area Development District: Kentucky ADD covering Caldwell, Christian, Crittenden, Hopkins, Livingston, Lyon, Muhlenberg, Todd, and Trigg counties. Operates the same aging, economic development, and community planning programs under the KRS 147A framework.
• Northeast Kentucky Community Action Agency: Headquartered in the same eight-county service region as FIVCO and an active operational partner (fiscal sponsor for the weekend meal program). Provides overlapping community-based social services for low-income, elderly, and disabled residents, making it a direct functional peer.

Others

• National Association of Development Organizations (NADO): Trade association representing regional development organizations, including Area Development Districts like FIVCO. Not a competitor but a closely related industry body that provides advocacy, training, and federal funding intelligence for organizations of FIVCO's type.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/FIVCOADDKY
• Xx.com/fivcoaddky
• LinkedInlinkedin.com/company/fivco-area-development-dst

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FIVCO Area Development District