NonprofitsCommerce Lexington Inc

Commerce Lexington Inc

LEXINGTON, KY

Total revenue

$4.8M

Total expenses

$5.4M

Net assets

$3.2M

Grants received

$3.3M

19 grants

EIN

610258800

Tax year

2024

Mission

To represent our members, creating the environment and opportunity for economic prosperity and quality living in central kentucky

Programs

1 program

Promotion of economic development and jobs creation in central kentucky.

Expenses: $959K

Financials

FY 2024

Revenue

Contributions & grants$2.8M
Program service revenue$1.7M
Investment income$121K
Other revenue$231K
Total revenue$4.8M

Expenses

Grants paid$434K
Salaries & benefits$2.6M
Fundraising
Other expenses$2.4M
Total expenses$5.4M
Total assets$6.1M
Net assets$3.2M

People

23 listed

NameRoleCompensation

ROBERT L QUICK

PRESIDENT & CEO

Board

$253K

40 hrs/wk

LUTHER DEATON

VICE CHAIR, ECONOMIC DEVELOPMENT

Board

1 hrs/wk

DARYL SMITH

AT-LARGE MEMBER

Board

1 hrs/wk

TOA GREEN

VICE CHAIR, LEADERSHIP DEVELOPMENT

Board

1 hrs/wk

STEPHANIE BELL

AT-LARGE MEMBER

Board

1 hrs/wk

LARRY FORESTER

VICE CHAIR, COMMUNITY & MINORITY BUSINESS DEVELOPM

Board

1 hrs/wk

NICK NICHOLSON

VICE CHAIR, PUBLIC POLICY & REGIONAL ENGAGEMENT

Board

1 hrs/wk

KEVIN ATKINS

LFUCG REPRESENTATIVE

Board

1 hrs/wk

JOHN MAHAN

REGIONAL REPRESENTATIVE

Board

1 hrs/wk

TUCKER BALLINGER

VICE CHAIR, BUSINESS & EDUCATION NETWORK

Board

1 hrs/wk

DANNY MURPHY

VICE CHAIR, MEMBERSHIP AND ENGAGEMENT

Board

1 hrs/wk

JONATHAN CALDWELL

VICE CHAIR, COMMUNICATIONS

Board

1 hrs/wk

STEVE BYARS

BOARD CHAIR

Board

1 hrs/wk

BRANDEN GROSS

AT-LARGE MEMBER

Board

1 hrs/wk

DEBBIE SMITH

TREASURER

Board

1 hrs/wk

CASSIDY ROSENTHAL

IMMEDIATE PAST CHAIR

Board

1 hrs/wk

CARLA BLANTON

BOARD CHAIR-ELECT

Board

1 hrs/wk

KEEANA BOARMAN

GENERAL COUNSEL

Board

1 hrs/wk

GINA GREATHOUSE

EXECUTIVE VICE PRESIDENT

Staff

$166K

40 hrs/wk

ANDI JOHNSON

CHIEF POLICY OFFICER & DIR

Staff

$152K

40 hrs/wk

LYNDA BEBROWSKY

EXECUTIVE VICE PRESIDENT,

Staff

$136K

40 hrs/wk

LISA D MAHAN

VICE PRESIDENT OF STRATEGIC PARTNERSHIPS

Staff

$127K

40 hrs/wk

TYRONE TYRA

SENIOR VICE PRESIDENT, COM

Staff

$127K

40 hrs/wk

Independent contractors

EQUITY SOLUTIONS GROUP

CONSULTING SERVICES

$446K

330 E MAIN CONDO ASSOCIATION INC

PROPERTY MANAGEMENT

$121K

ALLEGIANT AIR

AIRLINE

$111K

Grants received

Showing 19 of 19

FromAmountPurposeYear
$802K
PROMOTE AND FUND ECONOMIC DEVELOPMENT IN LEXINGTON AND SURROUNDING AREAS
2024
$595K
PROMOTE AND FUND ECONOMIC DEVELOPMENT IN LEXINGTON AND SURROUNDING AREAS
2023
$24K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$513K
PROMOTE AND FUND ECONOMIC DEVELOPMENT IN LEXINGTON AND SURROUNDING AREAS
2022
$25K
GENERAL SUPPORT
2022
$520K
PROMOTE AND FUND ECONOMIC DEVELOPMENT IN LEXINGTON AND SURROUNDING AREAS
2021
$25K
GENERAL SUPPORT
2021
$4K
MENTAL HEALTH MINUTE PROGRAM SPONSOR
2021
$595K
PROMOTE AND FUND ECONOMIC DEVELOPMENT IN LEXINGTON AND SURROUNDING AREAS
2020
$25K
GENERAL SUPPORT
2020
$17K
GENERAL SUPPORT
2019
$11K
General Support
2019
$41K
GENERAL SUPPORT
2018
$9K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2018
$8K
General Support
2018
$5K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2018
$5K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2018
$17K
GENERAL SUPPORT
2017
$11K
General Support
2017

Funded by

$3.3M from 5 funders · 19 grants · 2017–2024

Lexington Strides Ahead Foundation Inc

$3.0M · 5 grants · 2020–2024

Saint Joseph Health System Inc

$150K · 6 grants · 2017–2022

Blue Grass Community Foundation Inc

$43K · 4 grants · 2018–2023

Baptist Healthcare System Inc

$30K · 3 grants · 2017–2019

Details

EIN610258800
Subsection06
Ruling date1942-02
Formed1942
Employees24
Volunteers62
COMMERCE LEXINGTON INC — Mission, Financials & Grants Received | Grantivo