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  5. Lexington economic development organizations

Lexington economic development organizations

There are 29economic development organizations in the greater Lexingtonmetro area, including the cities of Lexington and Lexington-Fayette. Combined, these Lexington metro economic development organizationsemploy 101 people, earn more than $26 million in revenue each year, and have assets of $137 million.
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Types of economic development organizations in Lexington

Nonprofit typeNumberRevenues
Economic development organizations
29
$26,480,677
Urban development organizations
12
$15,457,000
Showing 2 of 2categories

Job trends for Lexington economic development organizations

Employees per organizationNumber of organizations
0
12
1-10
5
11-25
1
26-100
1
101 to 1,000
0
1,000+
0
Key takeaways for employment stats:

Sizes of economic development organizations in Lexington

Revenues per organizationNumber of organizations
< $250k
11
$250k to $1M
8
$1M to $5M
3
$5M to $25M
1
$25M to $100M
0
$100M+
0
Key takeaways for revenue stats:

Directory of economic development organizations in Lexington

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1-20 of 29

Community Ventures Corporation

Community Ventures Corporation, inc.'s (cvc) central mission is to provide individuals and families with the skills, income, and assets they need to achieve financial independence.
Revenue
$14.0m
Assets
$86.8m
Employees
65
EIN
31-1064807
IRS type
501(c)(3)

Commerce Lexington

Commerce Lexington promotes economic development and represents its members, providing services such as conferences, monthly programs, annual meetings & publications.
Revenue
$4.2m
Assets
$6.8m
Employees
21
EIN
61-0258800
IRS type
501(c)(6)

Kentucky Association for Economic Development

Kentucky's KAED educates, advocates and connects members on economic development, providing an atmosphere to solve problems and share ideas.
Revenue
$1.9m
Assets
$3.5m
Employees
3
EIN
74-3242650
IRS type
501(c)(6)

The Met Development

Revitalizing distressed communities by providing affordable housing, healthy food, and healthcare through infrastructure development and leasing in Lexington, KY.
Revenue
$1.4m
Assets
$26.0m
Employees
0
EIN
83-2503851
IRS type
501(c)(3)

First Saturday in May

First Saturday in May promotes Kentucky's economic development and tourism through events like the Kentucky Derby.
Revenue
$820.1k
Assets
$245.5k
Employees
0
EIN
84-3981968
IRS type
501(c)(4)

Bluegrass Area Development District

Bluegrass Area Development District is an economic development organization in Lexington, KY that was founded in 2019.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
61-0725990
IRS type
501(c)(3)

Downtown Lexington Corporation Foundation

DLF supports multicultural events and downtown initiatives for businesses/individuals to invest in Lexington's homelessness/beautification.
Revenue
$25
Assets
$7,331
Employees
0
EIN
20-3026004
IRS type
501(c)(3)

Kentucky Council of Area Development Districts

KCADD coordinates 16 Kentucky Area Development Districts to support local governments on a regional basis and promotes ADDs throughout the state.
Revenue
$176.9k
Assets
$671.2k
Employees
2
EIN
61-1300511
IRS type
501(c)(4)

Lexington Industrial Foundation

Promote and encourage the creation of jobs in the central Kentucky area by improving business conditions.
Revenue
$32.3k
Assets
$460.5k
Employees
0
EIN
61-6032773
IRS type
501(c)(6)

Carlisle-Nicholas County Chamber of Commerce

Carlisle-Nicholas County Chamber of Commerce is an urban development organization in Carlisle, KY that was founded in 2017.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
27-1681997
IRS type
501(c)(3)

Northside Common Market

Northside Common Market corp. (ncmc) exists to further noli cdc's mission to connect neighbors with resources and opportunities, and to create programs for equitable community development.
Revenue
$92.6k
Assets
$92.0k
Employees
N/A
EIN
83-4226201
IRS type
501(c)(3)

Fayette County Local Development Corporation

Fayette County LDC creates affordable housing by purchasing, renovating, and selling properties with a focus on lower-income homebuyers.
Revenue
$654.8k
Assets
$7.6m
Employees
0
EIN
61-1057380
IRS type
501(c)(3)

Scott County United

Scott County United stimulates economic growth by coordinating private and public efforts to achieve their mission in community economic development as an urban organization.
Revenue
$315.8k
Assets
$1.2m
Employees
0
EIN
61-1095919
IRS type
501(c)(6)

Kentucky Coal County Coalition

Kentucky Coal County Coalition is an economic development organization in Frankfort, KY whose mission is: Assists coal-producing counties in Kentucky with coal tax proceeds distribution and allocation.
Revenue
$111.6k
Assets
$310.8k
Employees
N/A
EIN
61-0997508
IRS type
501(c)(3)

Carlisle-Nicholas County Tourism

Carlisle-Nicholas County Tourism is a Chamber of Commerce with the mission to promote tourism in order to bring people to the community and help businesses and members of the community. Their programs include dues and they are located in Carlisle, KY.
Revenue
$80.1k
Assets
$36.0k
Employees
0
EIN
61-1185009
IRS type
501(c)(6)

Red River Economic Development LLC

To promote the Economic, cultural, and social Development of the Red River gorge area in eastern Kentucky.
Revenue
$63.2k
Assets
$7,044
Employees
0
EIN
83-3014705
IRS type
501(c)(3)

Lexington Strides Ahead Foundation

Foundation funds responsible economic development initiatives to expand Greater Lexington economy. Implements one team one vision campaign for long-term planning.
Revenue
$629.2k
Assets
$12.4k
Employees
0
EIN
61-1322448
IRS type
501(c)(6)

Lexington for Everyone

Advocates for equitable and affordable living and working opportunities. Promotes sensible and inclusive land use policies in Lexington, KY.
Revenue
$88.6k
Assets
$37.9k
Employees
N/A
EIN
87-3696073
IRS type
501(c)(4)

Kentucky Industrial Development Council

Kentucky council promotes industrial and economic development via professional education and community site identification. Located in Frankfort, KY.
Revenue
$152.0k
Assets
$199.9k
Employees
N/A
EIN
61-1161213
IRS type
501(c)(3)

CV Appalachian Cde

CV Appalachian Cde assists Community Ventures Corporation in revitalizing severely economically distressed communities by strategically investing new markets tax credits allocated from the community development financial institutions fund.
Revenue
$364.5k
Assets
$3.0m
Employees
0
EIN
81-4658111
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "S30: Economic Development" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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