Mission
TO ASSIST COMMUNITY VENTURES CORPORATION IN ENGAGING ECONOMIC DEVELOPMENT BY REVITALIZING COMMUNITIES THAT ARE CHARACTERIZED AS SEVERELY ECONOMICALLY DISTRISSED.
Public Charity
CV APPALACHIAN CDE INC
CV APPALACHIAN CDE INC, of LEXINGTON, KY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.3M in revenue, $282K in expenses, $5.2M in total assets. IRS filings disclose 1 grants awarded by this foundation, totaling roughly $44K.
EIN: 814658111
LEXINGTON, KY
Economic Development
NTEE: S30
Latest filing: 2024
Total Revenue$1.3M
Total Expenses$282K
Total Assets$5.2M
Grants Given1
Grant Total$44K
Filing Years2020–2024
Where $100 goes at Cv Appalachian Cde Inc
How Cv Appalachian Cde Inc divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
$95
Programs
the work itself
$5
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $95 for programs
$95
Engaging economic development in severely economically distressed areas through strategic investments of new markets tax credits allocated from the community development financial institutions fund
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.
Sample Grants Given
FURTHERANCE OF ORGANIZATIONS MISSION
$44,416
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
PRESIDENT
Kevin Smith
DIRECTOR
Larry Johnson
DIRECTOR
Marilynn Payson
DIRECTOR
Raymond Daniels
SECRETARY/TREASURER
Reverend Fred Mitchell
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.3M | $282K | $5.2M |
| 2023 | $1.4M | $332K | $4.2M |
| 2022 | $364K | $136K | $3.0M |
| 2020 | $2.7M | $108K | $2.4M |
Between 2020 and 2024, reported annual revenue declined from $2.7M to $1.3M (-50%), with total assets most recently reported at $5.2M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in KY.
KY
Full geographic grant map with state-by-state breakdown available with membership.