2026-07-23T09:49:51+00:00 2025-09-30 440160260 Forvis Mazars LLP 312 Walnut Street Suite 3000 Cincinnati OH 45202 990 2024-10-01 610405718 Kentucky Chamber of Commerce Inc KENT 5026954700 464 Chenault Road Frankfort KY 40601 ASHLI WATTS PRESIDENT/CEO 5026954700 2026-07-23 true true Aaron Hershberger P00961884 5136218300 2026-06-04 2024 2025-03-06 01:10:19Z ASHLI WATTS 464 Chenault Road Frankfort KY 40601 13013260 false X www.kychamber.com X 1942 KY CREATE AND SUPPORT A COMPETITVE BUSINESS CLIMATE IN KENTUCKY THROUGH ADVOCACY, EDUCATION, INFORMATION, AND SERVICES IN ORDER TO PROMOTE BUSINESS RETENTION AND RECRUITMENT. 62 61 56 61 20054 0 1293630 1336134 9116824 9412148 93186 133460 1907873 2131518 12411513 13013260 472414 556000 0 0 6145004 6053397 0 0 0 4432089 4768829 11049507 11378226 1362006 1635034 13351712 15457744 4367573 4715957 8984139 10741787 TO SUPPORT A PROSPEROUS BUSINESS CLIMATE IN THE COMMONWEALTH OF KENTUCKY THROUGH ADVOCACY, EDUCATION, INFORMATION AND SERVICES IN ORDER TO PROMOTE BUSINESS RETENTION AND RECRUITMENT. false false SEMINARS & MEETINGS - TOPICS INCLUDE OSHA COMPLIANCE, REDUCING WORKERS' COMP COSTS, TAX LAW COMPLIANCE, ENVIRONMENTAL LAW, HUMAN RESOURCE LAW, ETC. PUBLICATIONS - PUBLICATIONS FOR SALE INCLUDING STATE AND FEDERAL LABOR LAWS AND REGULATIONS, BUSINESS PLANNING AND MARKETING, ENVIRONMENTAL ISSUES, AND HUMAN RESOURCES. MEMBERSHIP - SOLICITS NEW MEMBERS AND OFFERS CUSTOMER SERVICE TO EXISTING MEMBERS. 0 false true false false true false false false false false true false false false false true false true false false false false false false false false false true false true false false false false false false false false false false false false false false false true true true false false true 37 0 true 56 true true true false false false true true false false false X 62 61 true false false false true false false true true false false false true true true true true true true true false false KY X Joseph Hsu 5026954700 464 Chenault Road Frankfort KY 40601 AMY LUTTRELL VICE CHAIR, ADMINISTRATION 1.0 0.0 X X 0 0 0 ASHLI WATTS PRESIDENT/CEO 38.0 1.0 X X 558764 0 28962 BRIAN CROMER TREASURER 1.0 0.0 X X 0 0 0 CANDACE MCGRAW IMMEDIATE PAST CHAIR 1.0 0.0 X X 0 0 0 CONDRAD DANIELS CHAIR-ELECT 1.0 0.0 X X 0 0 0 LES FUGATE VICE CHAIR, PUBLIC AFFAIRS 1.0 0.0 X X 0 0 0 SCOTT DAVIS CHAIR 1.0 0.0 X X 0 0 0 STEPHEN BRANSCUM VICE CHAIR, COMMUNICATIONS & MARKETING 1.0 0.0 X X 0 0 0 ADAM HINTON DIRECTOR 1.0 0.0 X 0 0 0 AMY SPILLER DIRECTOR 1.0 0.0 X 0 0 0 ANTHONY HOUSTON DIRECTOR - TERM ENDED 1.0 0.0 X 0 0 0 ARTHUR WALKER III DIRECTOR 1.0 0.0 X 0 0 0 BILL MUDD DIRECTOR 1.0 0.0 X 0 0 0 BILLY SPEARS DIRECTOR 1.0 0.0 X 0 0 0 BRAD SMITH DIRECTOR 1.0 0.0 X 0 0 0 CARLOS SANCHEZ DIRECTOR 1.0 0.0 X 0 0 0 CATHY WADDELL DIRECTOR - TERM ENDED 1.0 0.0 X 0 0 0 CHAD HARPOLE DIRECTOR 1.0 0.0 X 0 0 0 CINDY WISEMAN DIRECTOR 1.0 0.0 X 0 0 0 CRADY DEGOLIAN DIRECTOR 1.0 0.0 X 0 0 0 DAVID WOMBWELL DIRECTOR 1.0 0.0 X 0 0 0 DONEVON STORM DIRECTOR 1.0 0.0 X 0 0 0 DONOVAN BLACKBURN DIRECTOR 1.0 0.0 X 0 0 0 DR ERIC MONDAY DIRECTOR 1.0 0.0 X 0 0 0 DR STEPHEN BEHNKE DIRECTOR 1.0 0.0 X 0 0 0 ELLEN CALL DIRECTOR 1.0 0.0 X 0 0 0 ELMER WHITAKER DIRECTOR 1.0 0.0 X 0 0 0 GARREN COLVIN DIRECTOR 1.0 0.0 X 0 0 0 HOLLIE HARRIS DIRECTOR 1.0 0.0 X 0 0 0 JA HILLEBRAND DIRECTOR 1.0 0.0 X 0 0 0 JANETTE HOSTETTLER DIRECTOR 1.0 0.0 X 0 0 0 JAY RICHERT DIRECTOR - TERM ENDED 1.0 0.0 X 0 0 0 JEB DUKE DIRECTOR 1.0 0.0 X 0 0 0 JEFF BORKOWSKI DIRECTOR - TERM ENDED 1.0 0.0 X 0 0 0 JIM RICKARD DIRECTOR 1.0 0.0 X 0 0 0 JOHN CROCKETT III DIRECTOR 1.0 0.0 X 0 0 0 JOHN ESTUS DIRECTOR 1.0 0.0 X 0 0 0 JOHN MEGIBBEN DIRECTOR 1.0 0.0 X 0 0 0 JOHN PHILLIPS DIRECTOR 1.0 0.0 X 0 0 0 JOHN THURMAN DIRECTOR 1.0 0.0 X 0 0 0 JUAN GUITIERREZ DIRECTOR 1.0 0.0 X 0 0 0 KATHRYN NASH DIRECTOR - TERM ENDED 1.0 0.0 X 0 0 0 KENNAN WETHINGTON DIRECTOR 1.0 0.0 X 0 0 0 KEVIN SHURN DIRECTOR 1.0 0.0 X 0 0 0 KIMBERLY HALBAUER DIRECTOR 1.0 0.0 X 0 0 0 KIMRA COLE DIRECTOR 1.0 0.0 X 0 0 0 KRISTEN BYRD DIRECTOR 1.0 0.0 X 0 0 0 LATOI MAYO DIRECTOR 1.0 0.0 X 0 0 0 MARK WORKMAN DIRECTOR 1.0 0.0 X 0 0 0 MATT GRIMSHAW DIRECTOR 1.0 0.0 X 0 0 0 MELISSA NORMAN-BORK DIRECTOR 1.0 0.0 X 0 0 0 MIKE BUCKENTIN DIRECTOR 1.0 0.0 X 0 0 0 NATHAN FRANCKOWIAK DIRECTOR 1.0 0.0 X 0 0 0 NICK DREA DIRECTOR 1.0 0.0 X 0 0 0 PAIGE FRANKLIN DIRECTOR 1.0 0.0 X 0 0 0 PATRICK COLEMAN DIRECTOR 1.0 0.0 X 0 0 0 PURNA VEER DIRECTOR 1.0 0.0 X 0 0 0 RAY DANIELS DIRECTOR 1.0 0.0 X 0 0 0 ROB BURTON DIRECTOR 1.0 0.0 X 0 0 0 SANDRA FRAZIER DIRECTOR 1.0 0.0 X 0 0 0 SARAH WHITAKER DIRECTOR 1.0 0.0 X 0 0 0 SHANNON ARVIN DIRECTOR 1.0 0.0 X 0 0 0 STEPHANIE BELL DIRECTOR 1.0 0.0 X 0 0 0 STEVE MERRICK DIRECTOR 1.0 0.0 X 0 0 0 STEVEN LEE DIRECTOR 1.0 0.0 X 0 0 0 TIM ROBINSON DIRECTOR 1.0 0.0 X 0 0 0 TONY REINHART DIRECTOR 1.0 0.0 X 0 0 0 JOSEPH HSU CHIEF FINANCIAL OFFICER 38.0 0.0 X 173186 0 8918 JAMES FORD CHIEF RESOURCE OFFICER 38.0 0.0 X 280591 0 28428 KATHERINE SHANKS SR VICE PRESIDENT, PUBLIC AFFAIRS 38.0 0.0 X 250111 0 21425 ANDREA FLANDERS DIRECTOR, SPONSOR RELATIONS 38.0 0.0 X 107476 0 10365 CHARLES AULL VICE PRESIDENT, POLICY 38.0 0.0 X 147601 0 16991 ELIZABETH DAVISSON SR VICE PRESIDENT, FOUNDATION 38.0 0.0 X 199301 0 22717 JACQUELINE PITTS SR VICE PRESIDENT, COMMUNICATIONS - TERM ENDED 38.0 0.0 X 166770 0 17067 LAKISHA MILLER EXECUTIVE DIRECTOR, WORKFORCE CENTER 38.0 0.0 X 148581 0 14343 2032381 0 169216 12 false true false 0 0 0 0 0 0 1336134 0 1336134 MEMBERSHIP DUES 900099 3886227 3886227 0 0 SEMINARS & MEETINGS 541611 2828797 2828797 0 0 SUPPORT SERVICES - RELATED PARTIES 531120 1724176 1724176 0 0 ADMINISTRATIVE INCOME 541611 7106 7106 0 0 PUBLICATIONS 511120 312172 312172 0 0 653670 653670 0 0 9412148 133460 0 0 133460 0 0 0 0 2075464 0 0 2075464 36000 0 0 0 36000 0 36000 0 0 36000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ADVERTISING INCOME 541800 20054 0 20054 0 0 0 0 0 0 0 0 0 0 0 0 0 20054 13013260 9412148 20054 2244924 556000 0 0 0 1350386 0 4011278 192810 181695 317228 0 0 0 0 0 0 510420 190395 504723 0 0 263287 124167 0 2306947 33275 0 289423 52306 Repairs & Maintenance 106868 Cost of Sales - Publications 283526 Dues & Subscriptions 67095 BAD DEBT EXPENSE 5636 30761 11378226 205 1748 1912871 3768356 160525 110000 694400 837255 0 0 0 0 1035702 1078221 13805 9413 1006499 873543 8957053 3511569 5322237 5445484 3205468 3333724 0 0 0 0 0 13351712 15457744 966037 1266930 0 0 2612012 2751412 0 0 0 0 0 0 789524 697615 0 0 0 0 4367573 4715957 X 8984139 10741787 0 0 0 0 0 0 0 0 8984139 10741787 13351712 15457744 1635034 122614 0 0 0 0 X false true true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false 3886227 493645 493645 777245 -283600 126439 57420 183859 0 7052032 2412932 4639100 0 0 0 0 0 948991 749749 199242 0 772171 348888 423283 5445484 0 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Chamber, KCF, KCWC, LISP and Advocacy have been recognized as exempt from income taxes under Section 501 of the Internal Revenue Code and a similar provision of the state law. However, these entities are subject to federal income tax on any unrelated business taxable income. CBSI is a for-profit entity subject to income taxes under the provisions of the Internal Revenue Code and applicable state laws. Income tax expense includes federal and state income taxes currently payable and those deferred or prepaid because of temporary differences between financial statement and tax bases of assets and liabilities. CBSI records income taxes under the liability method. Under this method, deferred income taxes are recognized for the estimated future tax effects of differences between the tax bases of assets and liabilities and their financial reporting amounts based on enacted tax laws. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. Income tax expense was $40 at September 30, 2025, and 2024. Deferred income taxes were $0 at September 30, 2025, and 2024. The Chamber would recognize a tax position as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. The Chamber and its controlled subsidiaries file tax returns in the U.S. federal jurisdiction. true Kentucky Chamber Advocacy Committee Inc 464 Chenault Rd Frankfort KY 40604 825223980 501(C)(4) 546000 General Support Commonwealth Fund for KET Inc 560 Cooper Drive Lexington KY 40502 611285473 501(C)(3) 10000 General Support 1 1 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds COMMUNITY DONATIONS AND CONTRIBUTIONS ARE REVIEWED AND APPROVED BY THE CHAMBER BOARD OF DIRECTORS. X X X X X false false false ASHLI WATTS PRESIDENT/CEO 456645 0 95925 0 6194 0 17310 0 11652 0 587726 0 0 0 JOSEPH HSU CHIEF FINANCIAL OFFICER 158792 0 14394 0 0 0 8050 0 868 0 182104 0 0 0 JAMES FORD CHIEF RESOURCE OFFICER 250480 0 28765 0 1346 0 16980 0 11448 0 309019 0 0 0 KATHERINE SHANKS SR VICE PRESIDENT, PUBLIC AFFAIRS 224547 0 25324 0 240 0 12748 0 8677 0 271536 0 0 0 ELIZABETH DAVISSON SR VICE PRESIDENT, FOUNDATION 178411 0 20530 0 360 0 10980 0 11737 0 222018 0 0 0 JACQUELINE PITTS SR VICE PRESIDENT, COMMUNICATIONS - TERM ENDED 130855 0 18050 0 17865 0 10047 0 7020 0 183837 0 0 0 CHARLES AULL VICE PRESIDENT, POLICY 135656 0 11945 0 0 0 8900 0 8091 0 164592 0 0 0 LAKISHA MILLER EXECUTIVE DIRECTOR, WORKFORCE CENTER 136612 0 11861 0 108 0 6954 0 7389 0 162924 0 0 0 Form 990, Part VI, Line 1a Delegate broad authority to a committee POWERS OF THE EXECUTIVE COMMITTEE - A MAJORITY OF THE EXECUTIVE COMMITTEE SHALL, BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, HAVE POWER TO EXERCISE ALL OF THE AUTHORITY POSSESSED BY THE BOARD OF DIRECTORS. IT SHALL BE THE DUTY OF THE CHAIR AT EACH MEETING OF THE BOARD OF DIRECTORS TO REPORT ALL ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE SUBSEQUENT TO THE NEXT MEETING OF THE DIRECTORS. ANY ACTION TAKEN BY THE EXECUTIVE COMMITTEE MAY BE RESCINDED OR SET ASIDE BY THE BOARD OF DIRECTORS, SUBJECT, HOWEVER, TO ANY RIGHTS THAT MAY HAVE BEEN ACQUIRED BY OTHERS PURSUANT TO, OR IN RELIANCE UPON THE ACTION OF THE EXECUTIVE COMMITTEE. THE BOARD OF DIRECTORS MAY, AT ANY TIME, LIMIT OR RESTRICT THE POWERS OF THE EXECUTIVE COMMITTEE. Form 990, Part VI, Line 6 Classes of members or stockholders THE CHAMBER IS ORGANIZED AS AN ASSOCIATION WITH MEMBERS. Form 990, Part VI, Line 11b Review of form 990 by governing body A COPY OF THE ORGANIZATIONS FINAL FORM 990 INCLUDING SUPPLEMENTAL SCHEDULES AS ULTIMATELY FILED WITH THE IRS, WAS PROVIDED TO EACH VOTING MEMBER OF THE CHAMBER'S GOVERNING BODY ELECTRONICALLY. THE FORM 990 (INCLUDING SUPPLEMENTAL SCHEDULES) WAS THEN PRESENTED DURING A FULL BOARD MEETING, PRIOR TO ITS FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy THE KENTUCKY CHAMBER ANNUALLY SURVEYS ITS BOARD OF DIRECTORS AND OTHER KEY PERSONS TO DETERMINE POTENTIAL CONFLICTS OF INTEREST. A QUESTIONNAIRE IS DISTRIBUTED ANNUALLY THAT INCLUDES A LIST OF KEY PERSONS AND A DETAILED DESCRIPTION OF WHAT MIGHT CONSTITUTE A CONFLICT OF INTEREST WITH THE ORGANIZATION. THE RESPONSE TO THE QUESTIONNAIRES ARE REVIEWED BY THE BOARD OF DIRECTORS. ON MATTERS WHERE THE CONFLICT APPLIES, THE BOARD MEMBER HOLDING THE CONFLICT WILL BE PREVENTED FROM DELIBERATING AND VOTING ON DECISIONS OF THE TRANSACTION OR ARRANGEMENT. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE CEO'S PERFORMANCE AND COMPENSATION ARE REVIEWED AT LEAST ONCE EACH YEAR BY THE PERFORMANCE REVIEW AND COMPENSATION COMMITTEE (ESTABLISHED IN THE CHAMBER'S BYLAWS) USING COMPARABLE CHAMBER OF COMMERCE AND STATE CHAMBER ASSOCIATION EXECUTIVE COMPENSATION DATA. THE PERFORMANCE REVIEW AND COMPENSATION COMMITTEE REPORTS ITS REVIEW PROCESS TO THE EXECUTIVE COMMITTEE. THE REPORTS ARE INCLUDED IN THE EXECUTIVE COMMITTEE MINUTES WHICH ARE DISTRIBUTED TO THE FULL BOARD OF DIRECTORS AT THE REGULAR MEETING. DURING THE REPORTING PERIOD, THE CEO'S SALARY WAS LAST REVIEWED IN SEPTEMBER 2025. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE ORGANIZATION'S OTHER OFFICERS KEY EMPLOYEES' PERFORMANCE AND COMPENSATION ARE REVIEWED AT LEAST ONCE EACH YEAR BY THE CEO USING COMPARABLE CHAMBER OF COMMERCE AND STATE CHAMBER ASSOCIATION EXECUTIVE COMPENSATION DATA. THE CFO ANNUALLY REPORTS ALL SALARIES TO THE TREASURER. THE CEO REPORTS TO THE COMPENSATION COMMITTEE ON HIS/HER PROCESS FOR REVIEW OF OTHER EXECUTIVE SALARIES. THE COMMITTEE REPORTS ITS REVIEW PROCESS TO THE EXECUTIVE COMMITTEE. THE REPORTS ARE INCLUDED IN THE EXECUTIVE COMMITTEE MINUTES WHICH ARE DISTRIBUTED TO THE FULL BOARD OF DIRECTORS AT THE REGULAR MEETING. DURING THE REPORTING PERIOD, EXECUTIVE SALARIES WERE LAST REVIEWED IN SEPTEMBER 2025. Form 990, Part VI, Line 19 Required documents available to the public FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO IRC SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. Form 990, Part VIII, Line 2f Other Program Service Revenue OTHER REVENUE - Total Revenue: 653670, Related or Exempt Function Revenue: 653670, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 0; KENTUCKY CHAMBER FOUNDATION INC 464 CHENAULT ROAD FRANKFORT KY 40601 611284992 EDUCATION DEVELOPMENT KY 501(c)(3) 7 KENTUCKY CHAMBER OF COMMERCE true KENTUCKY CHAMBER ADVOCACY COMMITTEE INC 464 CHENAULT ROAD FRANKFORT KY 40601 825223980 ECONOMIC WELFARE INITIATIVES KY 501(c)(4) KENTUCKY CHAMBER OF COMMERCE true CHAMBER BUSINESS SOLUTIONS 464 CHENAULT ROAD FRANKFORT KY 40601 832294974 BUSINESS SUPPORT SERVICES KY KENTUCKY CHAMBER OF COMMERCE C Corporation 6358 13300 1 true CHAMBER BUSINESS SOLUTIONS TRUST 464 CHENAULT ROAD FRANKFORT KY 40601 EMPLOYEE WELFARE BENEFIT PLAN KY KENTUCKY CHAMBER OF COMMERCE Trust 0 0 false false true false false false false false false false true false true true true true false true false false KENTUCKY CHAMBER ADVOCACY COMMITTEE INC Q 651803 BOOK KENTUCKY CHAMBER FOUNDATION INC Q 1724176 BOOK