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: $1,174,349
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,025,741

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?

Ashli Watts is the CEO of Kentucky Chamber Of Commerce Inc The CEO's salary of Kentucky Chamber Of Commerce Inc is $398,712 and their total compensation is $428,910.


Official website here: www.kychamber.com

What is the revenue of Kentucky Chamber Of Commerce Inc?

Kentucky Chamber Of Commerce Inc's revenue in 2023 was $11,900,673.


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 2023 was $89,657. There are 58 employees and 61 volunteers at Kentucky Chamber Of Commerce Inc.

Here are 70 key members and their salaries (Kentucky Chamber Of Commerce Inc's CEO's salary is $398,712 and their total compensation is $428,910):


Ashli Watts (President/Ceo)
  • Compensation: $398,712
  • Related: $0
  • Other: $30,198
Candace Mcgraw (Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Medley (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Crockett Iii (Vice Chair, Membership & Business Services)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelley Workman (Vice Chair, Administration)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Smith (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lajuana Wilcher (Vice Chair, Public Affairs)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Gooch (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Branscum (Vice Chair, Communications & Marketing)
  • 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
Amy Spiller (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
Billy Spears (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Mattison (Director - Term Ended)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Cromer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Calvin Barker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Sanchez (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
Ellen Call (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 Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Rickard (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
Jeff Borkowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Phillips (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
Kristen Byrd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Les Fugate (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
Nancy Chamblee (Director - Term Ended)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Drea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Costel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Daniels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russel Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Arvin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Votaw (Director - Term Ended)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Merrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Elkington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Merchak (Chief Financial Officer)
  • Compensation: $188,304
  • Related: $0
  • Other: $14,174
Jim Ford (Chief Resource Officer)
  • Compensation: $241,287
  • Related: $0
  • Other: $25,451
Katherine Shanks (Sr Vice President, Public Affairs)
  • Compensation: $254,212
  • Related: $0
  • Other: $22,011
Eizabeth Davisson (Sr Vice President, Foundation)
  • Compensation: $173,286
  • Related: $0
  • Other: $21,127
Jacqueline Pitts (Sr Vice President, Communications And Marketing)
  • Compensation: $142,216
  • Related: $0
  • Other: $16,076
Jessica Moore (Senior Manager, Membership And Development)
  • Compensation: $147,762
  • Related: $0
  • Other: $6,973
Sarah Cathey (Sr Director, Operations)
  • Compensation: $119,374
  • Related: $0
  • Other: $938
Shawna Burton (Director Of Member Benefits And Partnerships)
  • Compensation: $129,367
  • Related: $0
  • Other: $8,539


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 2023 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
$11,900,673 (2023)
Expenses
$10,920,509 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,275
  • Program Service Revenue: $8,717,443
  • Gross Receipts: $11,900,673

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

$3,745,793

SEMINARS & MEETINGS

Revenue

$2,300,367

SUPPORT SERVICES - RELATED PARTIES

Revenue

$1,904,450

ADMINISTRATIVE INCOME

Revenue

$38,912

PUBLICATIONS

Revenue

$364,051

Organization Details

Founding Year

1942

Website

www.kychamber.com

NTEE Category

Code: S41 - Community improvement

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