Mission
TO REPRESENT OUR MEMBERS, CREATING THE ENVIRONMENT AND OPPORTUNITY FOR ECONOMIC PROSPERITY AND QUALITY LIVING IN CENTRAL KENTUCKY.
Public Charity
COMMERCE LEXINGTON INC
Based in LEXINGTON, KY, COMMERCE LEXINGTON INC operates as a Public Charity. The organization reported $4.8M in revenue, $5.4M in expenses, $6.1M in total assets for fiscal year 2024. Imperigo tracks 25 reported grant relationships connected to this organization totaling approximately $5.1M.
EIN: 610258800
LEXINGTON, KY
Latest filing: 2024
Total Revenue$4.8M
Total Expenses$5.4M
Total Assets$6.1M
Grant Records25
Funding Total$5.1M
Filing Years2020–2024
Where $100 goes at Commerce Lexington Inc
How Commerce Lexington Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$82
Commerce Lexington provides services to its member organizations including such activities as conferences, monthly programs, annual meetings & publications
$18
Promotion of economic development and jobs creation in central kentucky
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
PROMOTE AND FUND ECONOMIC DEVELOPMENT IN LEXINGTON AND SURROUNDING AREAS
$801,646
General Support
$25,000
PROMOTE AND FUND ECONOMIC DEVELOPMENT IN LEXINGTON AND SURROUNDING AREAS
$594,650
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
$23,510
PROMOTE AND FUND ECONOMIC DEVELOPMENT IN LEXINGTON AND SURROUNDING AREAS
$513,450
Showing up to 5 of 25 total records — full history available with membership.
Officers & Directors
CHIEF POLICY OFFICER & DIR
Andi Johnson
AT-LARGE MEMBER
Branden Gross
BOARD CHAIR-ELECT
Carla Blanton
IMMEDIATE PAST CHAIR
Cassidy Rosenthal
VICE CHAIR, MEMBERSHIP AND ENGAGEMENT
Danny Murphy
AT-LARGE MEMBER
Daryl Smith
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $4.8M | $5.4M | $6.1M |
| 2023 | $4.6M | $4.7M | $7.1M |
| 2022 | $4.2M | $4.3M | $6.8M |
| 2021 | $4.7M | $3.7M | $6.5M |
| 2020 | $3.3M | $3.0M | $5.8M |
Between 2020 and 2024, reported annual revenue grew from $3.3M to $4.8M (+47%), with total assets most recently reported at $6.1M.
Interactive year-over-year charts and full filing details available with membership.