Public Charity

APPALACHIAN INVESTMENT CORPORATION

APPALACHIAN INVESTMENT CORPORATION, of BEREA, KY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $341K in revenue, $40K in expenses, $2.9M in total assets. 1 publicly reported grants to this organization, totaling roughly $220K, appear in IRS filings.

EIN: 611254830 BEREA, KY Latest filing: 2025
Total Revenue$341K
Total Expenses$40K
Total Assets$2.9M
Grant Records1
Funding Total$220K
Filing Years2021–2025

Mission

APPALACHIAN INVESTMENT CORPORATION WORKS TO INCREASE ECONOMIC ACTIVITY IN THE APPALACHIAN COUNTIES OF KENTUCKY.

Officers & Directors

BOARD TREASU Ada Smith
BOARD CHAIR Hasan Davis
CORPORATETRE Kacie Zechman
SECRETARY Mandy Sheffel
CEO Peter Hille
CORPORATE SE Rhonda Stapleton

Officer compensation and complete director data available with membership.

Top Grant Purposes

USDA IRP MATCH
$220,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $341K $40K $2.9M
2024 $126K $41K $2.8M
2023 $133K $19K $2.8M
2022 $153K $147K $2.8M
2021 $99K $10K $3.1M

Between 2021 and 2025, reported annual revenue grew from $99K to $341K (+246%), with total assets most recently reported at $2.9M.

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

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