Kentucky Chamber Of Commerce Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 610405718 ✦ Frankfort, KY ✦ Designated as a 501(c)(6)

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Overview

What is Kentucky Chamber Of Commerce Inc?

Kentucky Chamber of Commerce Inc, located at 464 Chenault Road, Frankfort, KY 40601, is a nonprofit organization dedicated to fostering a competitive business environment in the state. They accomplish this through various means, such as advocacy, education, information dissemination, and service provision. Their initiatives aim to promote business retention and recruitment within Kentucky. Specifically, they offer seminars and meetings on various topics including OSHA compliance, reducing workers' compensation costs, tax law compliance, environmental law, and human resource law, among others. As of the provided information, they employ 62 individuals in their mission to support a prosperous business climate in the Commonwealth of Kentucky.


Official website here: www.kychamber.com

Is Kentucky Chamber Of Commerce Inc legitimate?

Kentucky Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Kentucky Chamber Of Commerce Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $772,506
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,554,833

For more financial information, click here


Official website here: www.kychamber.com

What is the mission statement of Kentucky Chamber Of Commerce Inc?

The Kentucky Chamber of Commerce Inc, in its mission, works towards establishing and upholding a favorable business environment in Kentucky. This is achieved through advocacy, education, dissemination of information, and provision of services. The primary goal is to foster business retention and attract new companies to the region. Seminars and meetings are conducted on various topics, including OSHA compliance, reducing workers' compensation costs, tax law compliance, environmental law, and human resource law, among others.


Official website here: www.kychamber.com

Who is the CEO of Kentucky Chamber Of Commerce Inc?

Unavailable The CEO's salary of Kentucky Chamber Of Commerce Inc is $356,262 and their total compensation is $387,122.


Official website here: www.kychamber.com

What is the revenue of Kentucky Chamber Of Commerce Inc?

Kentucky Chamber Of Commerce Inc's revenue in 2022 was $10,821,811.


Official website here: www.kychamber.com

Who are the executives of Kentucky Chamber Of Commerce Inc and what are their salaries?

The average compensation at Kentucky Chamber Of Commerce Inc during 2022 was $69,796. There are 62 employees and 58 volunteers at Kentucky Chamber Of Commerce Inc.


Here are 71 key members and their salaries (Kentucky Chamber Of Commerce Inc's CEO's salary is $356,262 and their total compensation is $387,122):


Ashli Watts (President/Ceo)
  • Compensation: $356,262
  • Related: $0
  • Other: $30,860
Diane Medley (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garren Colvin (Vice Chair, Membership & Development)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Jakubowicz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Smith (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Castle (Vice Chair, Administration)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Rowe (Immediate Past Chair (Until 5/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Davis (Vice Chair, Business Services)
  • Compensation: $0
  • Related: $0
  • Other: $0
Winston Griffin (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Hancock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Luttrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Houston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Walker Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Mudd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Mattison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Cromer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Calvin Barker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candace Mcgraw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Waddell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Harpole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy May Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Condrad Daniels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donovan Blackburn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Barr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Quinn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elmer Whitaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabby Bruno (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerard Colman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hollie Spade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Keller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Richert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeb Duke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Coleman (Director (Until 1/21/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Rickard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Crockett Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Megibben (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Copley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelley Workman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kennan Wethington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Halbauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimra Cole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lajuana Wilcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lennie Rhoades (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Les Fugate (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Gooch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Guilfoyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Newman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Sommer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Norman-Bork (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Costel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Powell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Arvin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Votaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Spencer Coates (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Branscum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Merrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Elkington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Merchak (Vice President Of Finance, Cfo)
  • Compensation: $174,210
  • Related: $0
  • Other: $14,429
Jim Ford (Senior Vice President Of Business Education)
  • Compensation: $172,419
  • Related: $0
  • Other: $21,829
Kelly Wolf (Vice President Of Membership)
  • Compensation: $175,180
  • Related: $0
  • Other: $13,883
Beth Davisson (Vice President Of Workforce Development)
  • Compensation: $144,881
  • Related: $0
  • Other: $19,919
Jacqueline Pitts (Senior Vice President, Communications And Marketing)
  • Compensation: $117,726
  • Related: $0
  • Other: $15,015
Jessica Moore (Senior Manager, Membership & Development)
  • Compensation: $163,905
  • Related: $0
  • Other: $11,759
Katherine Shanks (Vice President, Public Affairs)
  • Compensation: $166,152
  • Related: $0
  • Other: $18,828
Shawna Burton (Director Of Member Benefits & Partnerships)
  • Compensation: $133,001
  • Related: $0
  • Other: $21,762


Official website here: www.kychamber.com

Where can I find the form 990 for Kentucky Chamber Of Commerce Inc?

Kentucky Chamber Of Commerce Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kychamber.com

Learn more at the official website: www.kychamber.com

Mission Statement of Kentucky Chamber Of Commerce Inc

Kentucky Chamber of Commerce Inc is committed to fostering a conducive business environment in the Commonwealth of Kentucky. Their mission, executed through advocacy, education, information, and service provision, is geared towards promoting business retention and recruitment. This organization strives to create a competitive business climate in the state by engaging in various activities. These activities encompass seminars and meetings on topics such as OSHA compliance, reducing workers' compensation costs, tax law compliance, environmental law, and human resource law, among others. By providing these resources, the Kentucky Chamber of Commerce Inc aims to support the prosperity of businesses in the Commonwealth of Kentucky.

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Impact




October, 2024

Kentucky Chamber of Commerce Inc plays a crucial role in fostering a competitive business environment in Kentucky. Through advocacy, education, and a range of supportive services, the organization actively promotes business retention and recruitment, which is vital for economic growth in the state.

The Chamber's initiatives include a variety of seminars and meetings that cover essential topics such as OSHA compliance, reducing workers' compensation costs, tax law compliance, environmental law, and human resource law. These educational programs equip businesses with the knowledge and tools necessary to navigate complex regulations and improve operational efficiency.

By focusing on community improvement and promoting a prosperous business climate, Kentucky Chamber of Commerce Inc significantly contributes to the overall economic vitality of the Commonwealth, helping businesses thrive and ensuring a robust job market for the region.




This information is meant to be a general summary of Kentucky Chamber Of Commerce Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$10,821,811 (2022)
Expenses
$8,760,841 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,536
  • Program Service Revenue: $7,652,585
  • Gross Receipts: $10,902,732

Assets and Liabilities:

  • Total Assets: $10,894,851
  • Total Liabilities: $4,265,173
  • Net Assets: $6,629,678

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Membership Dues

Revenue

$3,638,510

Seminars & Meetings

Revenue

$1,823,414

Support Services - related parties

Revenue

$1,787,474

Administrative Income

Revenue

$213,000

Publications

Revenue

$190,187

Organization Details

Founding Year

1942

Main Address

464 Chenault Road, Frankfort, KY, 40601

NTEE Category

Code: S41 - Community improvement

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