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Lexington Center Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 610734772 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

Overview

What is Lexington Center Corporation?

The Lexington Center Corporation, located at 430 West Vine Street in Lexington, Kentucky (zip code 40507), is a nonprofit organization dedicated to providing public facilities for community enjoyment. These facilities include an arena, exhibition hall, historic theater, and parking lots. The mission of Lexington Center Corporation is to enhance communities by offering unique, shared experiences through these offerings. In total, the organization employs 362 individuals.


Official website here: www.centralbankcenter.com

Is Lexington Center Corporation legitimate?

Lexington Center Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lexington Center Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,564,544
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,500,882

For more financial information, click here


Official website here: www.centralbankcenter.com

What is the mission statement of Lexington Center Corporation?

The Lexington Center Corporation strives to enhance communities by offering innovative shared experiences through its facilities. This mission is executed by providing public spaces for gatherings and events. Among the facilities under their management are an arena, an exhibition hall, a historic theater, and parking lots. These venues serve as platforms for bringing people together, fostering community engagement, and creating memorable experiences.


Official website here: www.centralbankcenter.com

Who is the CEO of Lexington Center Corporation?

Jeffrey Mullaney is the Board Chair of Lexington Center Corporation.


Official website here: www.centralbankcenter.com

What is the revenue of Lexington Center Corporation?

Lexington Center Corporation's revenue in 2022 was $33,922,346.


Official website here: www.centralbankcenter.com

Who are the executives of Lexington Center Corporation and what are their salaries?

The average compensation at Lexington Center Corporation during 2022 was $13,993. There are 362 employees and 350 volunteers at Lexington Center Corporation.

Here are 27 key members and their salaries:

    William Owen (Former President)
  • Compensation: $271,713
  • Related: $0
  • Other: $0

    • Carl Hall (Vice President Of Operations)
  • Compensation: $126,199
  • Related: $0
  • Other: $0

    • Joseph Fields (Director, Convention Sales)
  • Compensation: $107,670
  • Related: $0
  • Other: $0

    • Karen Collier (Director, Human Resources)
  • Compensation: $103,425
  • Related: $0
  • Other: $0

    • Michael Fox (Director, Operations)
  • Compensation: $102,034
  • Related: $0
  • Other: $0

    • Luanne Frankln (Director, Opera House)
  • Compensation: $77,138
  • Related: $0
  • Other: $0

    • Shannon Elliott (Director, Ticketing)
  • Compensation: $61,312
  • Related: $0
  • Other: $0

    • Theresa Lloyd (Director, Complex Events)
  • Compensation: $50,608
  • Related: $0
  • Other: $0

    • Trevor Chesler (Director, Booking)
  • Compensation: $9,906
  • Related: $0
  • Other: $0

    • Jeffrey Mullaney (Director, Finance)
  • Compensation: $8,906
  • Related: $0
  • Other: $0

    • Scott Aycock (Director, Security)
  • Compensation: $5,769
  • Related: $0
  • Other: $0

    • Robert Ellistion (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Holmes (Finance Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Porter Peeples (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Brown (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Hill (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Gaines (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randall Vaughn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Bakhaus (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Wiser (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Mossotti (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Maxon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Holly Wiedemann (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vice Mayor Steve Kay (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Sipe (General Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Alexander (Vice President Of Convention Sales)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Bork (Director, Marketing)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.centralbankcenter.com

    Where can I find the form 990 for Lexington Center Corporation?

    The Lexington Center Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.centralbankcenter.com

    Learn more at the official website: www.centralbankcenter.com

    Mission Statement of Lexington Center Corporation

    The Lexington Center Corporation is a mission-driven organization that strives to enhance communities through innovative shared experiences. In accomplishing this goal, the corporation provides a range of facilities for public use. Among these facilities are an arena, an exhibition hall, a historic theater, and parking lots.

    By offering these venues, the Lexington Center Corporation creates opportunities for individuals to come together and engage in activities that foster a sense of community. The arena, in particular, serves as a hub for various events, attracting people from all walks of life. Whether it's a music concert, a sports game, or a community gathering, the arena provides a space where people can connect and build memories.

    Similarly, the exhibition hall caters to a diverse array of interests, hosting shows, conventions, and trade exhibitions. These events bring together enthusiasts, experts, and businesses, promoting learning, networking, and the exchange of ideas. The historic theater, on the other hand, offers a cultural escape, presenting a rich tapestry of arts and performances that enrich the community's cultural landscape.

    Through these facilities, the Lexington Center Corporation plays a crucial role in fostering a vibrant, engaged community where people can come together, learn, grow, and be inspired. The organization's dedication to enhancing communities through innovative shared experiences sets the stage for a more connected and enriched society.

    Impact

    This information is meant to be a general summary of Lexington Center Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Lexington Center Corporation enhances communities through innovative shared experiences by providing facilities for public use. Their facilities, which include an arena, exhibition hall, historic theater, and parking lots, contribute to the community by hosting various events and activities that bring people together. Through their mission to enhance communities, Lexington Center Corporation plays a vital role in fostering community improvement and creating opportunities for shared experiences in Lexington, Kentucky. They provide a platform for cultural events, entertainment, and community gatherings, making a positive impact on the social fabric of the city.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $333,351
  • Program Service Revenue: $32,045,910
  • Gross Receipts: $33,922,346

    • Assets and Liabilities:
  • Total Assets: $368,571,113
  • Total Liabilities: $248,729,427
  • Net Assets: $119,841,686
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EVENT REVENUE

    Revenue

    $15,440,880

    TRANSIENT ROOM TAX REVENUE

    Revenue

    $8,495,475

    CONTRACT REVENUE

    Revenue

    $7,878,345

    PERSONAL PROPERTY RENTAL

    Revenue

    $133,710

    LEXINGTON-FAYETTE COUNTY REC

    Revenue

    $97,500

    Organization Details

    Founding Year

    1972

    Principal Officer

    Jeffrey Mullaney

    Main Address

    430 WEST VINE STREET, LEXINGTON, KY, 405071617

    NTEE Category

    Code: S20 - Community improvement

    If you are a representative of Lexington Center Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.