Public Charity

COALFIELD DEVELOPMENT CORPORATION

Based in WAYNE, WV, COALFIELD DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $23.4M in revenue, $16.2M in expenses, $35.3M in total assets for fiscal year 2024. Imperigo tracks 69 reported grant relationships connected to this organization totaling approximately $23.3M.

EIN: 263836207 WAYNE, WV Housing & Shelter N.E.C. NTEE: L99 Latest filing: 2024
Total Revenue$23.4M
Total Expenses$16.2M
Total Assets$35.3M
Grant Records69
Funding Total$23.3M
Filing Years2019–2024

Mission

TO SOLVE THE PROBLEM OF GENERATIONAL POVERTY IN RURAL COMMUNITIES CAUSED BY EXTRACTIVE MONO-ECONOMIES THROUGH FOUR CORE CAPABILITIES: INCUBATION AND INVESTING IN EMPLOYMENT-BASED SOCIAL ENTERPRISE, FACILITATING PROFESSIONAL, PERSONAL, AND ACADEMIC DEBELOPMENT FOR PEOPLE FACING BARRIERS TO EMPLOYMENT,

Where $100 goes at Coalfield Development Corporation

How Coalfield Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$80 Programs the work itself
$18 Management running the organization
$2 Fundraising raising the next dollar

Inside the $80 for programs

$45
Community and economic development
57% of program spending · Reported in the filing: 33 hours of paid
$35
Workforce development
43% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

MEMBER Andrew Dawson
MEMBER Ashley Pack
EXECUTIVE DI Brandon M Dennison
SECRETARY Chase Thomas
MEMBER Clifton Moore
CEO Jacob I Hannah

Officer compensation and complete director data available with membership.

Top Grant Purposes

Human & Social Services
$11,619,000 9 grants
General Support
$3,897,174 24 grants
Environment & Conservation
$3,340,020 6 grants
Economic Development
$1,065,900 3 grants
Animal Welfare
$500,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $23.4M $16.2M $35.3M
2023 $11.6M $13.1M $25.2M
2022 $14.7M $7.3M $24.5M
2020 $6.3M $4.1M $11.4M
2019 $5.7M $4.3M $9.3M

Between 2019 and 2024, reported annual revenue grew from $5.7M to $23.4M (+310%), with total assets most recently reported at $35.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for COALFIELD DEVELOPMENT CORPORATION

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