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EIN 61-0258800

Commerce Lexington

IRS 501(c) type
501(c)(6)
Num. employees
23
City
Lexington
State
Kentucky
Year formed
1942
Most recent tax filings
2023-12-01
NTEE code, primary
S30: Economic Development
Description
Commerce Lexington represents its members and creates an environment for economic prosperity and quality living in central Kentucky. It offers services, including conferences, monthly programs, annual meetings, and publications to its member organizations. Its programs focus on promoting economic development and job creation in central Kentucky.
Total revenues
$4,585,100
2023
Total expenses
$4,655,848
2023
Total assets
$7,136,220
2023
Num. employees
23
2023

Program areas at Commerce Lexington

Commerce Lexington provides services to its member organizations including such activities as conferences, monthly programs, annual meetings & publications.
Promotion of economic development and jobs creation in central Kentucky.

Who funds Commerce Lexington

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lexington Strides Ahead FoundationPromote and Fund Economic Development in Lexington and Surrounding Areas$594,650
Saint Joseph Health System / Saint Joseph Mount SterlingGeneral Support$25,000

Personnel at Commerce Lexington

NameTitleCompensation
Robert L. Quick, IOM, CCEPresident and Chief Executive Officer
Mark E. TurnerChief Communications Officer
Andi JohnsonChief Policy Officer and Director of Regional Engagement$103,514
Angie MiltonSenior Vice President - Finance
Tyrone TyraSenior Vice President , Community and Minority Business Development$103,489
...and 29 more key personnel

Financials for Commerce Lexington

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,540,898
Program services$1,742,693
Investment income and dividends$94,283
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$72,722
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$134,504
Total revenues$4,585,100

Form 990s for Commerce Lexington

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-16990View PDF
2022-122023-08-18990View PDF
2021-122022-07-27990View PDF
2020-122021-09-10990OView PDF
2019-122021-06-24990View PDF
...and 10 more Form 990s

Organizations like Commerce Lexington

OrganizationLocationRevenue
Greater Mankato Growth (GMG)Mankato, MN$3,319,306
Automation AlleyTroy, MI$9,214,374
International Downtown Association (IDA)Washington, DC$2,596,803
Greater LouisvilleLouisville, KY$5,473,509
Philadelphia Alliance for Capital and Technologies (PACT)Philadelphia, PA$2,431,803
Economic Alliance Houston Port RegionDeer Park, TX$1,266,963
The Southeast ConferenceJuneau, AK$8,506,225
Economic Alliance Snohomish CountyEverett, WA$2,163,952
Greater Spokane Incorporated (GSI)Spokane, WA$5,819,739
Findlay-Hancock County AllianceFindlay, OH$2,059,632
Data update history
October 23, 2024
Used new vendors
Identified 3 new vendors, including , , and
October 22, 2024
Received grants
Identified 1 new grant, including a grant for $594,650 from Lexington Strides Ahead Foundation
September 24, 2024
Updated personnel
Identified 32 new personnel
July 14, 2024
Received grants
Identified 1 new grant, including a grant for $25,000 from Saint Joseph Health System / Saint Joseph Mount Sterling
October 10, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Trade associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
MembershipsState / local levelReceives government funding
General information
Address
330 E Main St
Lexington, KY 40507
Metro area
Lexington-Fayette, KY
County
Fayette County, KY
Website URL
commercelexington.com/ 
Phone
(859) 254-4447
Twitter profile
@commercelex 
IRS details
EIN
61-0258800
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1942
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
813910: Trade Associations
Parent/child status
Central organization
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