Appalachian Community Action & Development Agency Inc
- Assets
- $1.5m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 20
- Location
- Gate City, VA
- Founding
- 04/1965
- Data as of
- 06/2021
- EIN
- 54-0785849
Organization Overview
Appalachian Community Action & Development Agency Inc is located in Gate City, VA. The organization was established in 1965. 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 06/2021, Appalachian Community Action & Development Agency Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Appalachian Community Action & Development Agency 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 06/2021, Appalachian Community Action & Development Agency Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $1.7m during the year ending 06/2021. While expenses have increased by 1.4% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PLAN, COORDINATE, EVALUATE, AND ADMINISTER PROGRAMS DIRECTED TOWARD THE ELIMINATION OF POVERTY AND THE ENABLING OF LOW INCOME FAMILIES & INDIVIDUALS OF ALL AGES W/IN SERVICE AREA ATTAIN THE SKILLS KNOWLEDGE, MOTIVATION & OPPORTUNITY TO BECOME MORE SELF SUFFICIENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PLAN, COORDINATE, EVALUATE, AND ADMINISTER PROGRAMS DIRECTED TOWARD THE ELIMINATION OF POVERTY & THE ENABLING OF LOW INCOME FAMILIES & INDIVIDUALS OF ALL AGES W/IN SERVICE AREA TO ATTAIN THE SKILLS, KNOWLEDGE, MOTIVATION, & OPPORTUNITY TO BECOME MORE SELF SUFFICIENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Selma Hood Chair Of Boa | OfficerTrustee | $0 | |
Mary Absher Secretary | OfficerTrustee | $0 | |
Jeffrey Shupe Treasurer | OfficerTrustee | $0 | |
Wandaleen Adams Board Member | Trustee | $0 | |
Crystal Lyke Board Member | Trustee | $0 | |
Jennifer Frazier Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,572,551 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,716 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,612,267 |
| Total Program Service Revenue | $23,028 |
| Investment income | $22 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,761 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,629,556 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $208,686 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $385,255 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $178,321 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,776 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,386 |
| Insurance | $59,727 |
| All other expenses | $0 |
| Total functional expenses | $1,650,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,343 |
| Savings and temporary cash investments | $310,022 |
| Pledges and grants receivable | $245,131 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $166,274 |
| Inventories for sale or use | $36,033 |
| Prepaid expenses and deferred charges | $6,846 |
| Net Land, buildings, and equipment | $559,768 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,460,417 |
| Accounts payable and accrued expenses | $95,958 |
| Grants payable | $0 |
| Deferred revenue | $181,441 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $29,747 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $307,146 |
| Net assets without donor restrictions | $810,559 |
| Net assets with donor restrictions | $342,712 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,460,417 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Appalachian Community Action & Development Agency Inc has recieved totaling $52,046.
| Awarding Organization | Amount |
|---|---|
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $42,046 |
Virginia Community Action Partnership Richmond, VA PURPOSE: Earned Income Tax Credit Initiative | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mid-Atlantic Broadband Communities Corporation South Boston, VA | $87,739,365 | $16,699,414 |
Rural Economic Development Center Inc Raleigh, NC | $223,566,149 | $11,378,133 |
Pride Community Services Inc Logan, WV | $3,436,459 | $7,199,401 |
Kentucky River Area Development District Inc Hazard, KY | $5,857,667 | $4,838,342 |
Mountain Association For Community Economic Development Inc Berea, KY | $33,227,736 | $8,576,709 |
West Virginia Community Action Partnerships Inc Charleston, WV | $514,969 | $3,682,058 |
Southeast Kentucky Economic Development Corporation Inc Somerset, KY | $28,123,081 | $3,726,346 |
Kurdistan Regional Government -Liaison Office - Usa Washington, DC | $3,506,355 | $1,816,720 |
Virginia Coalfield Coalition Inc Lebanon, VA | $15,855,826 | $1,388,700 |
Appalachian Community Action & Development Agency Inc Gate City, VA | $1,460,417 | $1,629,556 |
W A M Y Community Action Inc Boone, NC | $1,852,412 | $1,596,975 |
Kentucky Mountain Housing Development Corporation Inc Manchester, KY | $13,287,100 | $769,226 |