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Filing year 2023

Kentucky Chamber of Commerce Inc

Frankfort, Kentucky·EIN 61-0405718·501(c)(6)
Total revenue
$12.4M
Total assets
$13.4M
Total expenses
$11M
Reported officers
69
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ceo
Above 90th percentile
$551k
$602k
Base
$429k
Bonus
$90k
Other
$5k
Benefits
$11k
Chief Resource Officer
Key Employee
75th to 90th percentile
$346k
$378k
Base
$145k
Bonus
$169k
Other
$1k
Benefits
$11k
Sr Vice President, Public Affairs
Board Vice President
75th to 90th percentile
$257k
$280k
Base
$211k
Bonus
$24k
Other
$240
Benefits
$10k
Chief Financial Officer - Term Ended
75th to 90th percentile
$230k
$251k
Base
$173k
Bonus
$20k
Other
$20k
Benefits
$3k
Sr Vice President, Foundation
Board Vice President
Median to 75th percentile
$210k
$229k
Base
$168k
Bonus
$19k
Other
$360
Benefits
$11k
Sr Vice President, Communications and Marketing
Board Vice President
Median to 75th percentile
$178k
$194k
Base
$144k
Bonus
$16k
Other
$154
Benefits
$8k
Director of Member Benefits and Partnerships
Highest Compensated Employee
25th percentile to median
$161k
$175k
Base
$71k
Bonus
$71k
Other
$108
Benefits
$10k
Sr Director, Operations
25th percentile to median
$140k
$153k
Executive Director, Workforce Center
Median to 75th percentile
$122k
$133k
Chief Financial Officer
10th to 25th percentile
$12k
$14k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 59 unpaid individuals.

Up 28%
from 2022

From $429k in 2022 to $551k in 2023.

$429k
2022
$551k
2023
In today's dollarsEst.
Up 23% in real terms$489k to $602k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 28% from 2022 to 2023, while revenue rose 4%.

$429k in 2022 to $551k in 2023.
  • Key Employee pay rose 30% from 2022 to 2023.
  • Board Vice President pay fell 7% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Kentucky Chamber of Commerce Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$11.9M
$10.9M
2022
$12.4M
$11M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Kentucky Chamber of Commerce Inc

What does the Chief Executive Officer of Kentucky Chamber of Commerce Inc earn?

In 2023, the Chief Executive Officer of Kentucky Chamber of Commerce Inc received $551,085 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Kentucky Chamber of Commerce Inc compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at Kentucky Chamber of Commerce Inc falls in the top 10%.

What are Kentucky Chamber of Commerce Inc's revenue and expenses?

In 2023, Kentucky Chamber of Commerce Inc reported $12.4M in total revenue and $11M in total expenses on its IRS Form 990.

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