2025-04-24T10:05:16-05:00 2024-12-31 273858252 DEAN DORTON ALLEN FORD PLLC 250 W MAIN STREET STE 1400 LEXINGTON KY 40507 990 2024-01-01 616032773 LEXINGTON INDUSTRIAL FOUNDATION LEXI 8592244218 5060 IVYBRIDGE BOULEVARD LEXINGTON KY 40515 HARRY RICHART III TREASURER 8592244218 2025-04-23 1 0 ALLISON C CARTER P01242412 8592552341 2024 2025-03-06 01:10:19Z HARRY RICHART III 5060 IVYBRIDGE BOULEVARD LEXINGTON KY 40515 188682 0 X N/A X 1955 KY PROMOTE AND ENCOURAGE THE CREATION OF JOBS IN THE CENTRAL KENTUCKY AREA 15 15 0 15 0 0 0 0 0 0 13957 33398 1086 913 15043 34311 60000 50000 0 0 0 0 0 0 0 7362 6290 67362 56290 -52319 -21979 481264 515979 0 0 481264 515979 PROMOTE AND ENCOURAGE THE CREATION OF JOBS IN THE CENTRAL KENTUCKY AREA BY IMPROVING BUSINESS CONDITIONS. 0 0 50000 50000 PROMOTE AND ENCOURAGE THE CREATION OF JOBS IN THE CENTRAL KENTUCKY AREA. 50000 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 X ORGANIZATION 8592244218 ORGANIZATION ADDRESS LEXINGTON KY 40507 X JOB D DARBY TURNER PRESIDENT 0.50 X 0 0 0 ROBERT M HEWITT VICE PRESIDENT 0.50 X 0 0 0 HARRY RICHART III TREASURER 0.50 X 0 0 0 ROBERT L QUICK SECRETARY 0.50 X 0 0 0 LUTHER DEATON DIRECTOR 0.50 X 0 0 0 ED HOLMES DIRECTOR 0.50 X 0 0 0 TIM HAYMAKER DIRECTOR 0.50 X 0 0 0 WAYNE MARTIN DIRECTOR 0.50 X 0 0 0 MIRA BALL DIRECTOR 0.50 X 0 0 0 ELIZABETH WOODWARD DIRECTOR 0.50 X 0 0 0 ADAM SMITH DIRECTOR 0.50 X 0 0 0 NICK ROWE DIRECTOR 0.50 X 0 0 0 ANN B BAKHAUS DIRECTOR 0.50 X 0 0 0 HERB MILLER DIRECTOR 0.50 X 0 0 0 KIMRA COLE DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 0 9749 9749 178020 154371 23649 23649 23649 OTHER REVENUE 900099 913 913 913 34311 0 0 34311 50000 1000 4990 OTHER EXPENSE 285 KY FILING FEE 15 56290 64 1077 19908 23695 461292 491207 481264 515979 0 0 X 0 0 0 0 481264 515979 481264 515979 481264 515979 -21979 56694 0 X 0 0 0 0 COMMON STOCK 367376 F CORPORATE BONDS 123831 F 491207 1 COMMERCE LEXINGTON - LEXINGTON STRIDES AHEAD 330 EAST MAIN ST NO 205 LEXINGTON KY 40507 611322448 501(C)(6) 50000 0 SUPPORT FOR THE MISSION TO PROMOTE ECONOMIC DEVELOPMENT AND EXPANSION IN LEXINGTON 1 PART I, LINE 2: GRANTS ARE APPROVED BY THE BOARD AND MONITORED BY THE PRESIDENT AND TREASURER. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY A CPA FIRM HIRED BY THE ORGANIZATION. THE TREASURER REVIEWS THE COMPLETED FORM AND PRESENTS IT TO THE BOARD. THE BOARD APPROVES THE INFORMATION AS PRESENTED IN FORM 990. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: A. WHETHER ANY COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. B. WHETHER ANY PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER THE PURPOSES OF THE ORGANIZATION AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUPLIC UPON REQUEST AND AT THE DISCRETION OF THE BOARD OF DIRECTORS AND MANAGEMENT.