Mountain Association For Community Economic Development Inc

Organization Overview

Mountain Association For Community Economic Development Inc, operating under the name Mountain Association, is located in Berea, KY. The organization was established in 1977. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 04/2022, Mountain Association employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountain Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 04/2022, Mountain Association generated $8.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $4.2m during the year ending 04/2022. While expenses have increased by 0.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Mountain Association has awarded 113 individual grants totaling $9,007,200. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MOUNTAIN ASSOCIATION INVESTS IN PEOPLE AND PLACES IN EASTERN KENTUCKY TO ADVANCE A JUST TRANSITION TO A NEW ECONOMY THAT IS MORE DIVERSE, SUSTAINABLE, EQUITABLE AND RESILIENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LENDING AND BUSINESS SUPPORTMOUNTAIN ASSOCIATION'S LENDING AND BUSINESS SUPPORT PROGRAMS HELP SMALL BUSINESS OWNERS DEVELOP THE TOOLS AND SKILLS THEY NEED TO CREATE QUALITY JOBS THROUGH STRONG BUSINESSES THAT PROVIDE IMPORTANT COMMUNITY SERVICES. WE PROVIDE ACCESS TO INVESTMENT CAPITAL COMBINED WITH TRAINING AND TECHNICAL ASSISTANCE TO INCREASE ENTREPRENEURS' CAPACITY AND LIKELIHOOD OF SUCCESS. AT FISCAL YEAR END, THE COMBINED PORTFOLIO OF MOUNTAIN ASSOCIATION AND ITS AFFILIATED NONPROFIT APPALACHIAN INVESTMENT CORPORATION INCLUDED 200 LOANS TOTALING APPROXIMATELY $17,342,000. THERE WERE 406 LOANS CLOSED DURING FISCAL YEAR 2022, DISBURSING A TOTAL OF APPROXIMATELY $8,274,000. INCLUDED IN THIS WERE 377 PAYCHECK PROTECTION PROGRAM LOANS, TOTALING APPROXIMATELY $5,858,000.


APPALACHIAN TRANSITION COMMUNICATIONS AND POLICYAPPALACHIAN TRANSITION IS BOTH THE OVERARCHING FRAMEWORK OF OUR VISION FOR APPALACHIA'S BRIGHTER FUTURE AND A BODY OF WORK AIMED AT MOVING US TOWARD THAT FUTURE. THIS TEAM IS FOCUSED ON CONDUCTING COMMUNICATIONS CAMPAIGNS, TELLING IMPORTANT STORIES THROUGH A BROAD RANGE OF AVENUES, AND CONNECTING WITH LEADERS AND ORGANIZATIONS ACROSS THE COUNTRY AS PART OF SHIFTING THE CONVERSATIONS ABOUT THE REGION, OUR ECONOMIC TRANSITION AND OUR BRIGHT FUTURE.


APPALACHIAN FUNDERS NETWORKTHE APPALACHIAN FUNDERS NETWORK (AFN) CONSISTS OF MEMBER ORGANIZATIONS WHO BELIEVE THAT THEIR PARTICIPATION IN THE NETWORK IS HELPING TO FURTHER THEIR MISSION AND DEEPEN THEIR IMPACT. THE PURPOSE OF AFN IS TO ACCELERATE AN EQUITABLE APPALACHIAN TRANSITION BY CONVENING AND CONNECTING FUNDERS FOR LEARNING, ANALYSIS AND COLLABORATION. AFN'S SEVEN GROUPS AIM TO BUILD COMMUNITY CAPACITY, LEVERAGE RESOURCES INTO THE REGION, EXPLORE EQUITY, ADVANCE FOOD AND AGRICULTURE SYSTEMS, PROMOTE CLEAN ENERGY AND PROTECT NATURAL RESOURCES, REVITALIZE DOWNTOWNS, CELEBRATE ARTS, AND SUPPORT A CULTURE OF HEALTH. PRIOR TO THEIR TRANSITION TO A MORE CLOSELY ALIGNED ORGANIZATION IN 2022, MOUNTAIN ASSOCIATION SERVED AS FISCAL SPONSOR FOR AFN.


CENTRAL APPALACHIAN NETWORKTHE CENTRAL APPALACHIAN NETWORK (CAN)'S MISSION IS TO DEVELOP AND DEPLOY ECONOMIC STRATEGIES THAT BUILD WEALTH IN LOCAL COMMUNITIES, CONSERVE NATURAL AND CULTURAL RESOURCES, AND EMPOWER MARGINALIZED COMMUNITIES. CAN WORKS IN COLLABORATION ACROSS SECTORS, PARTNERING WITH OTHER NON-PROFITS, COMMUNITY GROUPS, FUNDERS, EDUCATIONAL INSTITUTIONS, LOCAL GOVERNMENT, AND PRIVATE BUSINESS. CAN ACTIVELY PURSUES ECONOMIC TRANSITION IN CENTRAL APPALACHIAN COMMUNITIES THROUGH A VARIETY OF ECONOMIC SECTORS AND MARKET-BASED STRATEGIES.MOUNTAIN ASSOCIATION SERVES AS FISCAL SPONSOR FOR CAN. STRATEGIC INITIATIVESMOUNTAIN ASSOCIATION'S STRATEGIC INITIATIVES WORK FOCUSES ON OUR COMMITMENT TO DEMONSTRATION PROJECTS AND TARGETED STRATEGIES THAT BENEFIT COMMUNITIES AND INCREASE THEIR CAPACITY. WE DO THIS THROUGH PARTNERING WITH COMMUNITY-BASED ORGANIZATIONS TO UNDERTAKE DOWNTOWN REVITALIZATION AND TOURISM PROJECTS, AND TO OFFER UNIQUE TRAINING PROGRAMS, LIKE OUR HOW TO AIRBNB CLASS AND OUR IMMERSIVE BUSINESS COURSE. THIS TEAM ALSO LEADS OUR EQUITY OUTREACH WORK AND SUPPORTS THE WHAT'S NEXT EKY?! NETWORK, WHICH AIMS TO BRING TOGETHER COMMUNITIES OF EASTERN KENTUCKY TO LEARN FROM EACH OTHER ABOUT WHAT'S WORKING IN THEIR TOWNS.ENERGY PROGRAMSMOUNTAIN ASSOCIATION'S CLEAN ENERGY TEAM HELPS BUSINESSES, NONPROFITS, LOCAL GOVERNMENTS, AND OTHER ENTERPRISES IDENTIFY HOW THEY'RE USING ENERGY AND WHERE OPPORTUNITIES FOR EFFICIENCY AND COST SAVINGS MAY EXIST. THE TEAM ALSO ADMINISTERS HOW$MARTKY, A RESIDENTIAL ENERGY EFFICIENCY PROGRAM THAT WE RUN IN PARTNERSHIP WITH DISTRIBUTION COOPERATIVES FROM THE EAST KENTUCKY POWER COOPERATIVE SYSTEM. THROUGH THIS PROGRAM, WE CREATE MORE AFFORDABLE, COMFORTABLE, DURABLE AND HEALTHY HOUSING THROUGH EDUCATION, WORKSHOPS, AUDITS, AND HELP ACCESSING UTILITY PROGRAMS. GENERAL COMMUNITY DEVELOPMENT HISTORICALLY, MOUNTAIN ASSOCIATION HAS PROVIDED ADMINISTRATIVE SUPPORT SERVICES TO AND HAS MAINTAINED A JOINT EMPLOYER RELATIONSHIP WITH SEVERAL SMALL NONPROFITS WHOSE MISSIONS CLOSELY ALIGN WITH THE ORGANIZATION. CURRENTLY, MOUNTAIN ASSOCIATION PROVIDES THESE SERVICES TO KENTUCKY NATURAL LANDS TRUST (KNLT) AND KENTUCKY CENTER FOR ECONOMIC POLICY (KY POLICY). KNLT IS A NONPROFIT CONSERVATION ORGANIZATION WORKING TO SECURE FUNDS TO PROTECT NATURAL LANDS AND PROVIDE FOR THEIR LONG-TERM STEWARDSHIP. KY POLICY PRODUCES SOUND CREDIBLE RESEARCH TO KENTUCKIANS AROUND COMPLEX ISSUES SUCH AS PUBLIC INVESTMENTS, TAXES, EDUCATION, CRIMINAL JUSTICE, HEALTH CARE, JOBS, AND THE ECONOMY.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,944,683
All other contributions, gifts, grants, and similar amounts not included above$3,707,861
Noncash contributions included in lines 1a–1f $2,750
Total Revenue from Contributions, Gifts, Grants & Similar$6,652,544
Total Program Service Revenue$1,899,475
Investment income $24,690
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,576,709

Grants Awarded

Over the last fiscal year, Mountain Association For Community Economic Development Inc has awarded $1,069,494 in support to 11 organizations.

Grant RecipientAmount

FOUNDATION FOR APPALACHIAN KENTUCKY

Org PageRecipient Profile

Hazard, KY

PURPOSE: Appalachia Funders Network Fiscal Sponsorship.

$513,494

KENTUCKY COALITION

Org PageRecipient Profile

London, KY

PURPOSE: To support public education and other activities leading to increased state revenue in Kentucky and to promote Just Transition for Central Appalachia.

$450,000

APPALACHIAN CENTER FOR ECONOMIC NETWORKS INC

Org PageRecipient Profile

Athens, OH

PURPOSE: Central Appalachian Network participation.

$15,000

APPALACHIAN VOICES

Org PageRecipient Profile

Boone, NC

PURPOSE: Central Appalachian Network participation.

$15,000

The Plains, OH

PURPOSE: Central Appalachian Network participation.

$15,000

COALFIELD DEVELOPMENT CORPORATION

Org PageRecipient Profile

Wayne, WV

PURPOSE: Central Appalachian Network participation.

$15,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 19 grants that Mountain Association For Community Economic Development Inc has recieved totaling $6,069,981.

Awarding OrganizationAmount
The Jpb Foundation

New York, NY

PURPOSE: ADVANCING A JUST TRANSITION IN APPALACHIA

$2,300,000
The Jpb Foundation

New York, NY

PURPOSE: ADVANCING A JUST TRANSITION IN APPALACHIA

$1,150,000
Bill & Melinda Gates Foundation

Seattle, WA

PURPOSE: PUBLIC AWARENESS AND ANALYSIS

$500,000
James Graham Brown Foundation Inc

Louisville, KY

PURPOSE: ECONOMIC RECOVERY IN EASTERN KENTUCKY

$500,000
Mary Reynolds Babcock Foundation Incorporated

Winstonsalem, NC

PURPOSE: GENERAL OPERATING

$400,000
Limestone Foundation

Boston, MA

PURPOSE: KENTUCKY CENTER FOR ECONOMIC POLICY

$355,000
View Grant Recipient Profile

Endowment Analysis

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