Appalachian Development Alliance Inc
- Assets
- $66.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- London, KY
- Founding
- 02/2001
- EIN
- 61-1379402
Organization Overview
Appalachian Development Alliance Inc is located in London, KY. The organization was established in 2001. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Appalachian Development Alliance Inc 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 undefined, Appalachian Development Alliance Inc generated $139.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (56.0%) each year. All expenses for the organization totaled $1.3k during the year ending undefined. 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
Describe the Organization's Mission:
Part 3 - Line 1
ECONOMIC DEVELOPMENT IN APPALACHIA
Describe the Organization's Program Activity:
Part 3
JOINT FUNDING OPPORTUNITIES APPLY FOR LOANS OR GRANTS FROM BOTH PRIVATE AND GOVERNMENT SOURCES FOR THE PURPOSE OF CREATING A PROGRAM WITH SUFFICIENT FINANCIAL RESOURCES TO FOSTER ECONOMIC AND COMMUNITY DEVELOPMENT PROJECTS IN KENTUCKY'S APPALACHIAN COUNTIES.
JOINT FUNDING OPPORTUNITIES APPLY FOR LOANS OR GRANTS FROM BOTH PRIVATE AND GOVERNMENT SOURCES FOR THE PURPOSE OF CREATING A PROGRAM WITH SUFFICIENT FINANCIAL RESOURCES TO FOSTER ECONOMIC AND COMMUNITY DEVELOPMENT PROJECTS IN KENTUCKY'S APPALACHIAN COUNTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Littrell Director | 2 | $0 | |
Stephen Taylor Secretary | 2 | $0 | |
Robert Allen Director | 2 | $0 | |
Frank Rhodus President | 2 | $0 | |
Jason Hale Director | 2 | $0 | |
Dwain Neeley Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $139 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $139 |
| Statement of Expenses | |
|---|---|
| Total expenses | $1,283 |
| Balance Sheet | |
|---|---|
| Total assets | $66,765 |
| Total liabilities | $6,987 |
| Net assets or fund balances | $59,778 |
Grants Awarded
Over the last fiscal year, Appalachian Development Alliance Inc has awarded $2,053,498 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CVCCOMMUNITY VENTURES CORPORATION PURPOSE: COMMUNITY DEVELOPMEN | $354,620 |
HEADHUMAN ECONOMIC APPALACHIAN DEVELOPM PURPOSE: COMMUNITY DEVELOPMEN | $354,620 |
MACEDMOUNTAIN ASSOCIATION FOR COMMUNITY PURPOSE: COMMUNITY DEVELOPMEN | $354,620 |
KHICKENTUCKY HIGHLANDS INVESTMENT CORP PURPOSE: COMMUNITY DEVELOPMEN | $354,620 |
PMCDCPINE MOUTAIN COMMUNITY DEVELOPMENT PURPOSE: COMMUNITY DEVELPMENT | $280,398 |
SKEDSOUTHEAST KENTUCKY ECONOMIC DEVELOP PURPOSE: COMMUNITY DEVELOPMEN | $354,620 |