- Revenue 2024
- $1,174,520
- Expenses 2024
- $1,014,761
As filed
- Subsection
- 06
- NTEE code
- S41
- Classification
- 2000
- Street
- 330 E MAIN ST STE 205
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
TO PROMOTE ECONOMIC DEVELOPMENT THROUGH BALANCED, RESPONSIBLE EXPANSION FOR THE GREATER LEXINGTON ECONOMY.
Activities or mission (Part I)
FUNDING OF ECONOMIC DEVELOPMENT INITIATIVE DESIGNED TO PROMOTE BALANCED, RESPONSIBLE EXPANSION FOR THE GREATER LEXINGTON ECONOMY.
-
LEXINGTON STRIDES AHEAD CONTINUES TO IMPLEMENT PART TWO OF THE ONE TEAM ONE VISION CAMPAIGN WHICH PROMOTES LONG TERM PLANS FOR LEXINGTON'S ECONOMY THROUGH RESPONSIBLE EXPANSION.
Expenses $1,014,761 · Grants $967,235 · Revenue $1,174,520
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Bob HewettBOB HEWETT
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.5
-
Martha JonesMARTHA JONES
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Kim OgleKIM OGLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tom HarrisTOM HARRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert QuickROBERT QUICK
DIRECTOR
- Total calculated
- $284,382
- From this org
- $0
- From related orgs
- $252,769
- Other
- $31,613
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $252,769 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $13,079 related
- Nontaxable benefits
- $0 + $18,534 related
- Filer's total
- $0 + $284,382 related
-
Tucker BallingerTUCKER BALLINGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ray DanielsRAY DANIELS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Carla BlantonCARLA BLANTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ed HolmesED HOLMES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Christy SpitserCHRISTY SPITSER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $1,174,520
- Expenses
- $1,014,761
- Contributions
- $1,174,520
- Grants paid
- $967,235
-
2023
- Revenue
- $755,480
- Expenses
- $736,543
- Contributions
- $755,480
- Grants paid
- $688,068
-
2022
- Revenue
- $629,220
- Expenses
- $637,579
- Contributions
- $629,220
- Grants paid
- $607,500
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $670,362
- Expenses
- $659,275
- Assets (EOY)
- $20,792
-
2020 · 990
- Revenue
- $693,875
- Expenses
- $770,825
- Assets (EOY)
- $9,705
-
2019 · 990
- Revenue
- $747,600
- Expenses
- $706,155
- Assets (EOY)
- $86,655
-
2018 · 990
- Revenue
- $738,076
- Expenses
- $814,891
- Assets (EOY)
- $45,210
-
2017 · 990
- Revenue
- $698,148
- Expenses
- $675,387
- Assets (EOY)
- $122,025
-
2016 · 990
- Revenue
- $776,327
- Expenses
- $730,751
- Assets (EOY)
- $99,264
-
2015 · 990
- Revenue
- $745,650
- Expenses
- $705,321
- Assets (EOY)
- $53,688
-
2014 · 990
- Revenue
- $731,400
- Expenses
- $826,972
- Assets (EOY)
- $13,359
-
2013 · 990
- Revenue
- $671,750
- Expenses
- $655,635
- Assets (EOY)
- $108,931
-
2012 · 990
- Revenue
- not reported
- Expenses
- $552,713
- Assets (EOY)
- $92,817
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
$801,646
2024 PROMOTE AND FUND ECONOMIC DEVELOPMENT IN LEXINGTON AND SURROUNDING AREAS
-
$594,650
2023 PROMOTE AND FUND ECONOMIC DEVELOPMENT IN LEXINGTON AND SURROUNDING AREAS
-
$513,450
2022 PROMOTE AND FUND ECONOMIC DEVELOPMENT IN LEXINGTON AND SURROUNDING AREAS
-
BUSINESS & EDUCATION NETWORK INC
$165,589
2024 PROMOTE AND FUND WORKFORCE DEVELOPMENT IN LEXINGTON AND SURROUNDING AREAS
-
BUSINESS & EDUCATION NETWORK INC
$94,050
2022 PROMOTE AND FUND WORKFORCE DEVELOPMENT IN LEXINGTON AND SURROUNDING AREAS
-
BUSINESS & EDUCATION NETWORK INC
$93,418
2023 PROMOTE AND FUND WORKFORCE DEVELOPMENT IN LEXINGTON AND SURROUNDING AREAS
Grants received
-
2025 SUPPORT FOR THE MISSION TO PROMOTE ECONOMIC DEVELOPMENT AND EXPANSION IN LEXINGTON
-
2024 SUPPORT FOR THE MISSION TO PROMOTE ECONOMIC DEVELOPMENT AND EXPANSION IN LEXINGTON
-
$25,000
2023 General Support
-
2022 SUPPORT FOR THE MISSION TO PROMOTE ECONOMIC DEVELOPMENT AND EXPANSION IN LEXINGTON
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
501(C)(6) · CREATING THE ENVIRONMENT AND OPPORTUNITY FOR ECONOMIC PROSPERITY AND QUALITY · KY
-
501(C)(3) · TO IMPROVE THE WORKFORCE OF THE GREATER LEXINGTON AREA · KY
Declared as related by
-
BUSINESS AND EDUCATION NETWORK INC
On its 2024 return
-
On its 2023 return
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.