Mountain Association For Community Economic Development
Mountain Association For Community Economic Development
Want to make a donation using Daffy?
Lower your income taxes with a charitable deduction this year when you donate to this non-profit via Daffy.
Do you work for Mountain Association For Community Economic Development? Learn more here.
About this organization
Mission
The Mountain Association invests in people and places in Eastern Kentucky to advance a just transition to a new economy that is more diverse, sustainable, equitable and resilient.
About
Enterprise DevelopmentMountain Association's Enterprise Development program helps entrepreneurs and small business owners develop the tools and skills they need to create quality jobs through strong businesses that provide important community services. We provide access to investment capital combined with training and technical assistance to increase their capacity and likelihood of success. At fiscal year end, the combined portfolio of Mountain Association and its affiliated nonprofit Appalachian Investment Corporation included 224 loans totaling approximately $21,500,000. In fiscal year 2020 we closed 64 loans, disbursing a total of approximately $4,300,000.
Interesting data from their 2020 990 filing
The non-profit's mission, as documented in the filing, is “Mountain association works with people in eastern kentucky and central appalachia to create economic opportunity, strengthen democracy and support the sustainable use of natural resources.”.
When explaining its purpose, the activities were described as: “Promote sustainable development in central appalachia through capital, demonstrations and research.”.
- The non-profit is legally allowed to operate in the state of KY, as reported.
- The filing provides the non-profit's address in 2020 as 433 Chestnut Street, Berea, KY, 40403.
- The non-profit has a total of 46 employees, as reported on their form for 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$1,400,589.
- The organization has 6 independent voting members.
- The organization was formed in 1976.
- The organization pays $2,584,096 in salary, compensation, and benefits to its employees.
- The organization pays $80,238 in fundraising expenses.
Additional Non-Profits in the area
By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
Donations to organizations are distributed as soon as the donation is approved and the funds are available. In the rare event that Daffy is unable to fulfill the donation request to this charity, you will be notified and given the opportunity to choose another charity. This may occur if the charity is unresponsive or if the charity is no longer in good standing with regulatory authorities.