Louisville Independent Business Alliance INC
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Promotes the value of local businesses to citizens. For fiscal year 2025 it reported $276K in revenue, $261K in expenses, and $38K in net assets.Pt I
Summary of the Filing
Where the work happens
To cultivate the unique community character of the Metro Louisville area by promoting locally-owned, independent businesses and to educate citizens on the value of purchasing locally.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Jennifer Rubenstein’s $58K as Executive Director is at the 36th percentile of top reported officer pay among 1710 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Jennifer Rubenstein | $57,720 | $55,315 | $57,720 | $48,100 | $47,400 |
| Leslie Spanyer | $43,880 | $35,949 | $38,112 | $28,017 | $25,000 |
| Jordan Sangmeister | — | $3,177 | $18,704 | $7,331 | $7,400 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 60% | — | — |
| Overhead ratio | 0% | — | — |
| Fundraising cost ratio | 2% | — | — |
| Revenue growth | 5% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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