LOUISVILLE AREA CHAMBER OF COMMERCE INC Charity Report

Public IRS 990 nonprofit record

LOUISVILLE AREA CHAMBER OF COMMERCE INC

EIN 61-0434089 · Professional Athletic Leagues (N80)

What they do

ACCELERATE ECONOMIC GROWTH, JOB CREATION and BUSINESS COMPETITIVENESS IN THE GREATER LOUISVILLE REGION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $71.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders63 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

70.98%of revenue went to mission work71.9% of expenses · Program services

$98.74spent for every $100 of revenueRevenue covered expenses this year.

27.76%of revenue went to management and office costs28.1% of expenses

$1.23in assets for every $1 spent this yearSome assets cannot be spent right away.

58.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $442,384 for SARAH DAVASHER-WISDOM (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$6,499,927

Mission workProgram services$4,613,64870.98% of revenue71.9% of expenses

ManagementOffice and general costs$1,804,40927.76% of revenue28.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$81,8701.26% of revenueShown in gray on the chart

Total expenses$6,418,05798.74% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 71.9% mission · 28.1% management · 0.0% fundraisingTotal expenses: 98.74% of revenue

2023Expense mix: 69.7% mission · 30.3% management · 0.0% fundraisingTotal expenses: 99.99% of revenue

2022Expense mix: 102.6% mission · 0.0% management · 0.0% fundraisingTotal expenses: 97.08% of revenue

2021Expense mix: 102.4% mission · 0.0% management · 0.0% fundraisingTotal expenses: 83.88% of revenue

2020Expense mix: 106.2% mission · 0.0% management · 0.0% fundraisingTotal expenses: 91.62% of revenue

2019Expense mix: 107.6% mission · 0.0% management · 0.0% fundraisingTotal expenses: 102.25% of revenue

2018Expense mix: 100.0% mission · 0.0% management · 2.1% fundraisingTotal expenses: 81.63% of revenue

2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 105.18% of revenue

Money in and money out

Revenue$6,499,927

Expenses$6,418,057

Annual surplus $81,870 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,613,648 · 71.9% of expenses

Management and office costs$1,804,409 · 28.1% of expenses

See all reported dollar amounts

Revenue$6,499,927

Expenses$6,418,057

Assets$7,913,117

Income$6,499,927

Contributions$3,778,575

Mission work (program services)$4,613,648

Grants given$422,841

Average grant$23,491

Management and general$1,804,409

Accounting fees$46,572

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SARAH DAVASHER-WISDOMPRESIDENT AND CEO · 40 hrs/week $442,384Base $408,646 · Other $33,738

REBECCA WOODFORMER CHIEF OPERATING OFFICER · 40 hrs/week $134,798Base $130,510 · Other $4,288

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (63)

SARAH DAVASHER-WISDOMPRESIDENT AND CEO

REBECCA WOODFORMER CHIEF OPERATING OFFICER

LISA NALLEYBOARD MEMBER

NICOLE YATESBOARD MEMBER

MARKUS WINKLERBOARD MEMBER

MARK WHEELERBOARD MEMBER

MARK KIRCHDORFERBOARD MEMBER

MARIAH GRATZBOARD MEMBER

LYNDON PRYORBOARD MEMBER

PHILIP POINDEXTERBOARD MEMBER

LISA BLALOCKBOARD MEMBER

LISA BENSONBOARD MEMBER

LESA SEIBERTBOARD MEMBER

LES FUGATEBOARD MEMBER

LANCE MANNBOARD MEMBER - TREASURER

KRISTEN BYRDBOARD MEMBER

KIMBERLY HALBAUERBOARD MEMBER

PAUL COSTELBOARD MEMBER

KIM SCHATZELBOARD MEMBER

RUSSELL COXIMMEDIATE PAST CHAIR

SHANNON MCCRACKENBOARD MEMBER

SHEILA KAVANAUGHBOARD MEMBER

SPENCER BRUCEBOARD MEMBER

STEVE GAULTBOARD MEMBER

SUSAN DONOVANBOARD MEMBER

TAMI MAREK-LOPERBOARD MEMBER

TAWANA BAINBOARD MEMBER

THERESA CANADAYBOARD MEMBER

TIFFANY KELLEY-JENKINSBOARD MEMBER

TIM VIBBERTBOARD MEMBER

TONY PARROTTBOARD MEMBER

TY HANDYBOARD MEMBER

DENISE JEROMEBOARD MEMBER

BRAD SEIGELBOARD MEMBER

BRANDI LAFONTAINEBOARD MEMBER

BRIAN WISEBOARD MEMBER

CAMILLA SCHROEDERBOARD MEMBER - CHAIR ELECT

CARLOS SANCHEZBOARD MEMBER

CAROL PIKEBOARD MEMBER

CAROLE CHRISTIANBOARD MEMBER

CAROLINE OYLERBOARD MEMBER

CHRIS WARDBOARD MEMBER

CLIFF ASHBURNERBOARD MEMBER

CONDRAD DANIELSBOARD MEMBER - CHAIRMAN

CYNTHIA KNAPEKBOARD MEMBER

DAVID BECKBOARD MEMBER

DAVID TATEBOARD MEMBER

DEMETRIUS GRAYBOARD MEMBER

ANTHEA JONESBOARD MEMBER

DENNIS HEISHMANBOARD MEMBER

DIANA QUESADABOARD MEMBER

ERIC SCHUETZLERBOARD MEMBER

GABBY BRUNOBOARD MEMBER

GERARD COLMANBOARD MEMBER

GREG EHRHARDBOARD MEMBER

JAMES STRANGEBOARD MEMBER

JEFF MCKENZIEBOARD MEMBER - SECRETARY AND LEGAL COUNSEL

JOE VENTURABOARD MEMBER

JOHN CROCKETTBOARD MEMBER

JOHN MEGIBBENBOARD MEMBER

JOSH ZIKBOARD MEMBER

KENDRICK RIGGSBOARD MEMBER

KEVIN SHURNBOARD MEMBER

About this charity

Recognized since: January 1951
Location: 101 S 5TH ST STE 2300, LOUISVILLE, KY 40202-3114
County: Jefferson
In care of: SARAH DAVASHER-WISDOM
Primary officer: SARAH DAVASHER-WISDOM, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Emailrwood@greaterlouisville.com Phone(502) 625-0000

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: HARDING SHYMANSKI & CO PSC
NTEE classification: Professional Athletic Leagues (N80)
IRS tax category: Professional Athletic Leagues
Grant-giving organization: Yes