Public Charity

MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC

Based in BEREA, KY, MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC operates as a Public Charity. The organization reported $7.0M in revenue, $6.9M in expenses, $35.3M in total assets for fiscal year 2025. Imperigo tracks 83 reported grant relationships connected to this organization totaling approximately $8.7M.

EIN: 310900246 BEREA, KY Rural Economic Development NTEE: S32 Latest filing: 2025
Total Revenue$7.0M
Total Expenses$6.9M
Total Assets$35.3M
Grant Records83
Funding Total$8.7M
Filing Years2021–2025

Mission

WE SERVE OUR MISSION TO BUILD A NEW ECONOMY BY OFFERING FLEXIBLE LOANS AND TECHNICAL SUPPORT TO EXISTING AND STARTUP BUSINESSES AND ORGANIZATIONS; HELPING BUSINESSES, NONPROFITS, PUBLIC AGENCIES AND HOMEOWNERS FIND MUCH- NEEDED ENERGY SAVINGS; AND BY ENGAGING IN RESEARCH, COMMUNICATIONS AND ADVOCACY FOR POLICY AND NARRATIVE CHANGE. WE ALSO WORK WITH PARTNERS ON A VARIETY OF PROJECTS TO DEMONSTRATE WHAT'S POSSIBLE IN EASTERN KENTUCKY.

Where $100 goes at Mountain Association for Community Economic Development Inc

How Mountain Association for Community Economic Development Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

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

Inside the $80 for programs

$38
4a
48% of program spending · Reported in the filing: 209 loans; 50 loans
$16
4d
20% of program spending
$15
4b
18% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Ada Smith
CHAIR Hasan Davis
CORPORATE TR Kacie Zechman
VICE CHAIR Mandi Sheffel
PRESIDENT Peter Hille
CORPORATE SE Rhonda Stapleton

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,910,165 42 grants
Civil Rights & Social Justice
$530,000 6 grants
Environment & Conservation
$510,000 3 grants
Economic Development
$408,384 6 grants
Human & Social Services
$300,882 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $7.0M $6.9M $35.3M
2024 $8.1M $5.5M $38.0M
2023 $6.0M $4.5M $35.7M
2022 $8.6M $4.2M $33.2M
2021 $4.4M $5.7M $28.7M

Between 2021 and 2025, reported annual revenue grew from $4.4M to $7.0M (+59%), 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 MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC

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