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Nonprofit · EIN 61-0397625

RICHMOND CHAMBER OF COMMERCE INC

Tax-exempt · RICHMOND, KY 40475

Financials

$236K$187K2022$223K$224K2023$242K$229K2024
Revenue Expenses · by fiscal year end
Financials of RICHMOND CHAMBER OF COMMERCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$242,131$229,377$12,754$214,653$4,699$209,954
December 31, 2023990$222,684$223,970-$1,286$210,326$13,126$197,200
December 31, 2022990$236,450$187,073$49,377$201,589$3,103$198,486
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$112,414
Program service revenue
$127,844
Investment income
$1,266
Other revenue
$607

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$116,002
Salaries, compensation and benefits (total)
$136,921
Professional fundraising fees
$0
Accounting fees
$16,040
Occupancy
$11,199
Depreciation
$4,639

Balance sheet and other

Total assets, start of year
$210,326
Total assets, end of year
$214,653
Total liabilities, end of year
$4,699
Net assets, end of year
$209,954
Land, buildings and equipment
$71,065
Net assets without donor restrictions
$209,954
Gross receipts
$242,131
Employees
3
Volunteers
50
State of legal domicile
KY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
COLLEEN SPENCERPRESIDENT &
Trustee or director, Officer
40$69,881$5,400
CAMERON ABNEYTREASURER
Trustee or director, Officer
2$0$0
JEREMY BROWNVOTING MEMBE
Trustee or director
2$0$0
MATT BROWNINGVOTING MEMBE
Trustee or director
2$0$0
COLLEEN CHANEYVOTING MEMBE
Trustee or director
2$0$0
GREG D GERARDBOARD CHAIR
Trustee or director, Officer
2$0$0
JERRY GOBLEVOTING MEMBE
Trustee or director
2$0$0
ADAM GRIGGSVOTING MEMBE
Trustee or director
2$0$0
AMANDA MARCUMFIRST CHAIR
Trustee or director, Officer
2$0$0
DR THOMAS MARTINVOTING MEMBE
Trustee or director
2$0$0
MICAH MEEKERVOTING MEMBE
Trustee or director
2$0$0
RANDY PERRYVOTING MEMBE
Trustee or director
2$0$0
ERIN JONES ROTHVOTING MEMBE
Trustee or director
2$0$0
AMY SCARBOROUGHVOTING MEMBE
Trustee or director
2$0$0
JOHN TUELVOTING MEMBE
Trustee or director
2$0$0
1 more people on this return
NameTitleHours / weekCompensation
JILL WILLIAMSSECOND CHAIR
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
JEREMY BROWNVOTING MEMBE
Trustee or director
1$0
MATT BROWNINGVOTING MEMBE
Trustee or director
1$0
COLLEEN CHANEYVOTING MEMBE
Trustee or director
1$0
RODNEY DAVISPAST CHAIR
Trustee or director, Officer
1$0
JEFF FULTZVOTING MEMBE
Trustee or director
1$0
GREG D GERARDBOARD CHAIR
Trustee or director, Officer
5$0
AMANDA MARCUMFIRST CHAIR
Trustee or director, Officer
5$0
DR THOMAS MARTINVOTING MEMBE
Trustee or director
1$0
RANDY PERRYVOTING MEMBE
Trustee or director
1$0
ERIN JONES ROTHVOTING MEMBE
Trustee or director
1$0
AMY SCARBOROUGHVOTING MEMBE
Trustee or director
1$0
COLLEEN SPENCERPRESIDENT &
Trustee or director, Officer
5$0
JOHN TUELVOTING MEMBE
Trustee or director
1$0
JILL WILLIAMSSECOND CHAIR
Trustee or director, Officer
5$0
990 for the year ended December 31, 2022: 21 people
NameTitleHours / weekCompensation
REV ROBERT R BLYTHEDIRECTOR
Trustee or director
–$0
JEREMY BROWNDIRECTOR
Trustee or director
–$0
COLLEEN CHANEYDIRECTOR
Trustee or director
–$0
JD CHANEYDIRECTOR
Trustee or director
–$0
DR CANDACE COYLEDIRECTOR
Trustee or director
–$0
RODNEY DAVISPAST BOARD C
Trustee or director, Officer
–$0
JEFF FULTZDIRECTOR
Trustee or director
–$0
GREG GERARDBOARD CHAIR
Trustee or director, Officer
–$0
DAVID GILLIAMDIRECTOR
Trustee or director
–$0
JERRY GOBLEDIRECTOR
Trustee or director
–$0
AMANDA MARCUMDIRECTOR
Trustee or director
–$0
TOM MARTINDIRECTOR
Trustee or director
–$0
BRIAN MULLINSDIRECTOR
Trustee or director
–$0
LORI MURPHY-TATUMDIRECTOR
Trustee or director
–$0
RANDY PERRYDIRECTOR
Trustee or director
–$0
AMY SCARBOROUGHDIRECTOR
Trustee or director
–$0
COLLEEN SPENCERPRESIDENT &
Trustee or director, Officer
–$0
DAVID STIPESDIRECTOR
Trustee or director
–$0
REAGAN TAYLORDIRECTOR
Trustee or director
–$0
JOHN TUELDIRECTOR
Trustee or director
–$0
JILL WILLIAMSDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
201 E MAIN ST, RICHMOND, KY 40475-1627
Principal officer (990 for 2024)
COLLEEN SPENCER, 201 E MAIN ST, RICHMOND, KY 40475
Signed the 990
COLLEEN SPENCER, PRESIDENT & CEO
Phone
(859) 623-1720
Return prepared by
CRAFT WANINGER NOBLE & COMPANY PLLC

Mission

THE RICHMOND CHAMBER OF COMMERCE PROVIDES VISION AND LEADERSHIP THROUGH COLLABORATION AND SUPPORT TO ADD VALUE TO OUR MEMBERSHIP.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION WAS ESTABLISHED IN NOVEMBER 1931 TO PROVIDE VISION AND LEADERSHIP FOR RICHMOND AND MADISON COUNTY WITH FIRM COMMITMENT TO SUPPORT ECONOMIC DEVELOPMENT, A POSITIVE BUSINESS CLIMATE AND STABILITY AND GROWTH FOR ITS MEMBERS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
61-0397625
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$214,653
Income (IRS master file)
$242,131

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$242,131$229,377$214,653XML
990December 2023$222,684$223,970$210,326XML
990December 2022$236,450$187,073$201,589XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-0397625).

Questions about RICHMOND CHAMBER OF COMMERCE INC

What is the EIN of RICHMOND CHAMBER OF COMMERCE INC?
The employer identification number (EIN) of RICHMOND CHAMBER OF COMMERCE INC is 61-0397625.
Is RICHMOND CHAMBER OF COMMERCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1991.
Are donations to RICHMOND CHAMBER OF COMMERCE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RICHMOND CHAMBER OF COMMERCE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RICHMOND CHAMBER OF COMMERCE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RICHMOND CHAMBER OF COMMERCE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RICHMOND CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2024 names COLLEEN SPENCER.
Who are the officers and directors of RICHMOND CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $69,881 (COLLEEN SPENCER, PRESIDENT &).
How much revenue does RICHMOND CHAMBER OF COMMERCE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $242,131, expenses of $229,377 and total assets of $214,653 at year end.

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