COMMERCE LEXINGTON INC

LEXINGTON, KY, 40507-1525 (859) 254-4447 Est. 1942 EIN 61-0258800
990 - Public charity return 501(c)(6)
www.commercelexington.com

Mission

TO REPRESENT OUR MEMBERS, CREATING THE ENVIRONMENT AND OPPORTUNITY FOR ECONOMIC PROSPERITY AND QUALITY LIVING IN CENTRAL KENTUCKY.

Giving Portfolio

Total Grants
1
Total Giving
$434K
Recipients
1
Years Active
2024
Avg grant: $433,655 Median: $433,655

Sectors Funded

Community Improvement
1

Top States

Kentucky
1

Grantee Size Profile

$1M - $5M
1

Top Grantees

Grants Awarded · 1 grants

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Financials

Total Revenue
$4,806,508
Total Expenses
$5,393,020
Net Assets
$3,173,102
24 employees 62 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
7.1 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 4.8%
Expenses ↑ 15.8%
Revenue Sources
Contributions 57.5% Earned revenue 35.2% Investment 2.5% Other 5.0%

Officers & Trustees (23)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$4,806,508 ↑$5,393,020$3,173,102
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$4,585,100 ↑$4,655,848$3,759,615
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$4,156,532 ↓$4,303,935$3,830,363
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$4,699,929 ↑$3,695,690$3,980,344
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$3,268,529 ↓$2,984,121$2,977,129
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$4,082,768 ↑$3,970,136$2,692,020
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$4,025,395 $3,965,985$2,575,624

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EIN: 61-0258800 · Source: IRS Form 990 e-file data