Nonprofit · EIN 93-3310705
COMMERCE LEXINGTON FOUNDATION INC
Tax-exempt · LEXINGTON, KY 40507
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,064,538 | $358 | $1,064,180 | $1,064,180 | $0 | $1,064,180 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,064,205
- Program service revenue
- $0
- Investment income
- $333
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Management and general (functional)
- $358
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $1,064,180
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,064,180
- Land, buildings and equipment
- $1,469
- Net assets with donor restrictions
- $1,064,180
- Gross receipts
- $1,064,538
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2023
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERT L QUICK | PRESIDENT Trustee or director, Officer | 1 | $0 | $252,769 | $31,613 |
| CASSIDY ROSENTHAL | BOARD CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| STEVE BYARS | CHAIR ELECT Trustee or director | 1 | $0 | $0 | $0 |
| DEBBIE SMITH | TREASURER Trustee or director | 1 | $0 | $0 | $0 |
| CARLA BLANTON | SECRETARY Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 330 E MAIN ST STE 100, LEXINGTON, KY 40507-1525
- In care of
- % ROBERT QUICK
- Principal officer (990 for 2024)
- ROBERT QUICK, 330 EAST MAIN STREET, LEXINGTON, KY 40507
- Signed the 990
- ROBERT QUICK, PRESIDENT
- Phone
- (859) 226-1605
- Website
- WWW.COMMERCELEXINGTON.COM
- Return prepared by
- RFH PLLC
Mission
THE MISSION OF THE COMMERCE LEXINGTON FOUNDATION IS TO BE A CATALYST FOR POSITIVE IMPACT ON TALENT, QUALITY OF LIFE AND ECONOMIC WELL-BEING FOR THE CITIZENS OF THE GREATER LEXINGTON REGION, BY ENABLING COMMERCE LEXINGTON TO EXPAND ITS RESOURCES AND REACH.
Program accomplishments
- THE MISSION OF THE COMMERCE LEXINGTON FOUNDATION IS TO BE A CATALYST FOR POSITIVE IMPACT ON TALENT, QUALITY OF LIFE AND ECONOMIC WELL-BEING FOR THE CITIZENS OF THE GREATER LEXINGTON REGION, BY ENABLING COMMERCE LEXINGTON TO EXPAND ITS RESOURCES AND REACH.revenue $1,064,205
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 93-3310705
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $1,064,180
- Income (IRS master file)
- $1,064,538
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,064,538 | $358 | $1,064,180 | XML |
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 93-3310705).
Questions about COMMERCE LEXINGTON FOUNDATION INC
- What is the EIN of COMMERCE LEXINGTON FOUNDATION INC?
- The employer identification number (EIN) of COMMERCE LEXINGTON FOUNDATION INC is 93-3310705.
- Is COMMERCE LEXINGTON FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to COMMERCE LEXINGTON FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMERCE LEXINGTON FOUNDATION 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 COMMERCE LEXINGTON FOUNDATION 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 COMMERCE LEXINGTON FOUNDATION 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 COMMERCE LEXINGTON FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names ROBERT QUICK.
- Who are the officers and directors of COMMERCE LEXINGTON FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does COMMERCE LEXINGTON FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,064,538, expenses of $358 and total assets of $1,064,180 at year end.
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All nonprofits in LEXINGTON · Kentucky · Community improvement and capacity building