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Lexington Strides Ahead Foundation Inc

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

EIN: 611322448 ✦ Lexington, KY ✦ Designated as a 501(c)(6)

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Overview

What is Lexington Strides Ahead Foundation Inc?

Lexington Strides Ahead Foundation Inc, located in Lexington, Kentucky, is a nonprofit organization with a mission to promote economic development in the greater Lexington area. They are currently implementing the second phase of the One Team One Vision campaign, which focuses on long-term plans for the city's economy, ensuring responsible expansion. The foundation's activities are geared towards funding initiatives that foster balanced and sustainable economic growth. Although the description does not provide specifics, it is implied that they collaborate with the local community to achieve their goals.

Is Lexington Strides Ahead Foundation Inc legitimate?

Lexington Strides Ahead Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lexington Strides Ahead Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lexington Strides Ahead Foundation Inc?

The Lexington Strides Ahead Foundation Inc's mission is centered around promoting economic development. They aim to achieve this through a balanced and responsible expansion strategy, contributing to the betterment of the larger Lexington economy. The foundation is currently implementing part of a long-term campaign called One Team One Vision, which focuses on outlining sustainable economic plans for Lexington through responsible growth.

Who is the CEO of Lexington Strides Ahead Foundation Inc?

Bob Hewett is the Chairman of Lexington Strides Ahead Foundation Inc.

What is the revenue of Lexington Strides Ahead Foundation Inc?

Lexington Strides Ahead Foundation Inc's revenue in 2022 was $629,220.

Who are the executives of Lexington Strides Ahead Foundation Inc and what are their salaries?

There 9 volunteers at Lexington Strides Ahead Foundation Inc.


Here are 9 key members and their salaries:


Bob Hewett (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Jones (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Freibert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Menke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Sagan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Quick (Director)
  • Compensation: $0
  • Related: $204,499
  • Other: $10,808
Tucker Ballinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Daniels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lexington Strides Ahead Foundation Inc?

Lexington Strides Ahead Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lexington Strides Ahead Foundation Inc

Lexington Strides Ahead Foundation Inc is dedicated to fostering economic growth in a balanced and responsible manner, aiming to enhance the overall economy of the greater Lexington area. Their mission is centered around promoting economic development, encouraging a balanced expansion strategy that considers the long-term interests of the local economy. This nonprofit organization is actively implementing the second phase of the One Team One Vision campaign, which focuses on crafting comprehensive, long-term plans for Lexington's economy, ensuring a responsible expansion process.

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Impact




October, 2024

Lexington Strides Ahead Foundation Inc has a significant impact on the Greater Lexington economy by funding initiatives aimed at promoting balanced and responsible expansion. Through its continued efforts with the One Team One Vision campaign, the foundation works to implement long-term economic strategies that ensure sustainable growth. This focus on responsible expansion not only boosts local economic development but also fosters community improvement, enhancing the quality of life for residents in Lexington, KY. By aligning various stakeholders around a common vision, the foundation helps to create a more vibrant and resilient economy, benefiting businesses and the community alike.




This information is meant to be a general summary of Lexington Strides Ahead Foundation 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
$629,220 (2022)
Expenses
$637,579 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $629,220

Assets and Liabilities:

  • Total Assets: $12,433
  • Total Liabilities: $0
  • Net Assets: $12,433

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Organization Details

Founding Year

1998

Principal Officer

Bob Hewett

Main Address

330 EAST MAIN STREET 205, LEXINGTON, KY, 40507

NTEE Category

Code: S41 - Community improvement

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