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 82 reported grant relationships connected to this organization totaling approximately $8.6M.

EIN: 310900246 BEREA, KY Latest filing: 2025
Total Revenue$7.0M
Total Expenses$6.9M
Total Assets$35.3M
Grant Records82
Funding Total$8.6M
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.

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

Pass through to organization.
$2,762,641 1 grant
For grant recipient's exempt purposes
$505,800 4 grants
SUSTAINABLE ENVIRONMENT
$400,000 1 grant
Project
$398,000 6 grants
Project Grant
$365,000 5 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.

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