Appalachian Center For Economic Networks Inc

Organization Overview

Appalachian Center For Economic Networks Inc is located in Athens, OH. The organization was established in 1986. 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 12/2021, Appalachian Center For Economic Networks Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Appalachian Center For Economic Networks 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 12/2021, Appalachian Center For Economic Networks Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 4.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION IS A COMMUNITY BASED ECONOMIC DEVELOPMENT ENTITY SERVING THE 32 COUNTIES OF APPALACHIA OHIO. ITS MISSION IS TO BUILD THE CAPACITY OF APPALACHIAN COMMUNITIES TO NETWORK, WORK TOGETHER AND INNOVATE TO CREATE A DYNAMIC SUSTAINABLE REGIONAL ECONOMY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDED SPACE FOR AROUND 40 SMALL BUSINESSES. IT ALSO PROVIDED TRAINING AND TECHNICAL EXPERTISE TO A BROAD RANGE OF SMALL BUSINESSES AND FARMERS.


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Board, Officers & Key Employees

Name (title)Compensation
Larry Fisher
Executive Director
$79,200
Sarah Milligan
Bd Trustee
$0
Laurie Mcknight
Bd Trustee
$0
Sky Pettey
Bd Trustee
$0
Sean Terrell
Bd Trustee
$0
Katie Mosher
Bd Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $501,828
All other contributions, gifts, grants, and similar amounts not included above$163,286
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$665,114
Total Program Service Revenue$502,354
Investment income $0
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 $1,167,468

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Appalachian Center For Economic Networks Inc has recieved totaling $76,466.

Awarding OrganizationAmount
Ostepathic Heritage Foundation Of Nelsonville

Dublin, OH

PURPOSE: TO EXPAND FOOD ACCESS SYSTEMS IN SOUTHEASTERN OHIO, SERVE MORE FOOD INSECURE INDIVIDUALS, CONNECT LOCAL AGRICULTURAL PRODUCERS TO MARKETS, MEASURE RESULTS AND STRENGTHEN THE FOOD ECONOMY INFRASTRUCTURE.

$45,000
Sisters Of St Joseph Charitable Fund Inc

Parkersburg, WV

PURPOSE: TO PROMOTE HEALTH AND WELLNESS

$16,450
Mountain Association For Community Economic Development Inc

Berea, KY

PURPOSE: Central Appalachian Network participation.

$15,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$16
View Grant Recipient Profile

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