Lexington Coal Exchange Inc
- Assets
- $15.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- lexington, KY
- Founding
- 09/1984
- Data as of
- 12/2021
- EIN
- 61-1020791
Organization Overview
Lexington Coal Exchange Inc is located in lexington, KY. The organization was established in 1984. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lexington Coal Exchange Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Lexington Coal Exchange Inc generated $54.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $48.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE LEXINGTON COAL EXCHANGE SUPPORTS ITS MEMBERS BY PROVIDING EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tammy Crismon President | 1 | $0 | |
Debra Mcbride Vice-President | 1 | $0 | |
David Labude Treasurer | 1 | $0 | |
Jerald Hylton Director | 1 | $0 | |
Michael Lyons Director | 1 | $0 | |
Ben Czarnecki Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,529 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,810 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,339 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,182 |
| Other expenses | $43,701 |
| Total expenses | $48,283 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,618 |
| Other assets | $0 |
| Total assets | $15,618 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,618 |
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