APPALACHIAN REAL ESTATE DEVELOPMENT CORPORATION is a Public Charity headquartered in BOONE, NC. Financial data from the 2025 filing: $17.3M revenue, $7.3M expenses, $287.8M total assets. IRS filings disclose 3 grants awarded by this foundation, totaling roughly $9.3M.
TO EXERCISE ANY AND ALL RIGHTS OF OWNERSHIP WITH RESPECT TO REAL PROPERTY AND PERSONAL PROPERTY IN CONNECTION THEREWITH FOR THE BENEFIT OF THE UNIVERSITY, INCLUDING TO ACQUIRE, OWN, DEVELOP, LEASE, FINANCE, MANAGE, OPERATE, SELL, AND TRANSFER PROPERTY. TO DO ANY AND ALL OTHER ACTS AND THINGS THAT ARE CONSISTENT WITH THE PURPOSES ABOVE AND THAT MAY BE DEEMED DESIRABLE OR EXPEDIENT FOR THE BENEFIT OF THE UNIVERSITY, ITS PROGRAMS, AND ITS FACULTY, STAFF AND STUDENTS.
How Appalachian Real Estate Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
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.
Showing up to 5 of 3 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $17.3M | $7.3M | $287.8M |
| 2024 | $9.6M | $7.2M | $94.0M |
| 2023 | $8.8M | $10.4M | $93.5M |
| 2021 | $5.5M | $4.5M | $97.6M |
| 2020 | $4.5M | $9.5M | $21.9M |
Between 2020 and 2025, reported annual revenue grew from $4.5M to $17.3M (+284%), with total assets most recently reported at $287.8M.
Interactive year-over-year charts and full filing details available with membership.
Grants from this foundation were reported to recipients in NC.
Full geographic grant map with state-by-state breakdown available with membership.
