Nonprofit · EIN 31-0900246
MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC
Also known as MACED
Tax-exempt · BEREA, KY 40403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2025 | 990 | $6,960,560 | $6,933,941 | $26,619 | $35,347,429 | $6,091,977 | $29,255,452 |
| April 30, 2024 | 990 | $8,094,633 | $5,452,825 | $2,641,808 | $38,008,155 | $8,779,322 | $29,228,833 |
Financial details: 990 for the year ended April 30, 2025
Revenue
- Contributions, gifts and grants
- $4,966,440
- of which government grants
- $2,075,968
- Program service revenue
- $1,948,394
- Investment income
- $45,726
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,009,655
- Compensation of officers, directors and key employees
- $524,292
- Other salaries and wages
- $2,281,424
- Salaries, compensation and benefits (total)
- $3,628,431
- Professional fundraising fees
- $0
- Occupancy
- $90,635
- Travel
- $153,427
- Depreciation
- $42,362
- Program services (functional)
- $5,230,355
- Management and general (functional)
- $1,478,601
- Fundraising (functional)
- $224,985
Balance sheet and other
- Total assets, start of year
- $38,008,155
- Total assets, end of year
- $35,347,429
- Total liabilities, end of year
- $6,091,977
- Net assets, end of year
- $29,255,452
- Land, buildings and equipment
- $215,517
- Publicly traded securities
- $355,674
- Net assets without donor restrictions
- $22,565,638
- Net assets with donor restrictions
- $6,689,814
- Gross receipts
- $6,960,560
- Employees
- 59
- Volunteers
- 9
- Year formed
- 1976
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended April 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PETER HILLE | PRESIDENT Trustee or director, Officer | 40 | $166,709 | $19,753 |
| WILLIAM COOMES | CORPORATE VP Officer | 40 | $93,194 | $22,143 |
| KACIE ZECHMAN | CORPORATE TR Officer | 40 | $94,146 | $18,156 |
| ROBIN GABBARD | PRESIDENT Trustee or director, Officer | 40 | $93,346 | $11,745 |
| TONI WELLS | CORPORATE SE Officer | 40 | $80,056 | $15,991 |
| RHONDA STAPLETON | CORPORATE SE Officer | 40 | $74,421 | $15,694 |
| HASAN DAVIS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| WAYNE RILEY | MEMBER Trustee or director | 0.5 | $0 | $0 |
| MANDI SHEFFEL | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ADA SMITH | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended April 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PETER HILLE | PRESIDENT Officer | 40 | $157,206 | $19,940 |
| WILLIAM COOMES | CORPORATE VP Officer | 40 | $90,292 | $20,203 |
| KACIE ZECHMAN | CORPORATE TR Officer | 40 | $91,185 | $16,476 |
| TONI WELLS | CORPORATE SE Officer | 40 | $74,452 | $14,570 |
| HASAN DAVIS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ROBIN GABBARD | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MARTINA LEFORCE | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| WAYNE RILEY | MEMBER Trustee or director | 0.5 | $0 | $0 |
| MANDI FUGATE SHEFFEL | MEMBER Trustee or director | 0.5 | $0 | $0 |
| ADA SMITH | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 433 CHESTNUT ST, BEREA, KY 40403-1510
- Principal officer (990 for 2024)
- ROBIN GABBARD, 433 CHESTNUT STREET, BEREA, KY 40403
- Signed the 990
- ROBIN GABBARD, PRESIDENT
- Phone
- (859) 986-2373
- Website
- WWW.MTASSOCIATION.ORG
- Return prepared by
- BALDWIN CPAS PLLC
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.
Program accomplishments
- 4A. LENDING & BUSINESS SUPPORT EXPENSES/GRANTS TO OTHER ORGANIZATIONS/REVENUES 2,503,929/ 257,864/ 1,438,529 THE LENDING TEAM OFFERS LOANS TO EXISTING AND STARTUP BUSINESSES AND ORGANIZATIONS. AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION AND A NONPROFIT, THE ORGANIZATION CAN OFFER GREATER FLEXIBILITY AND LEND TO INDIVIDUALS WHO MAY NOT OTHERWISE QUALIFY. THE BUSINESS SUPPORT PROGRAM CONNECTS BUSINESS OWNERS AND NONPROFIT LEADERS TO CONSULTANTS WHO CAN HELP THEM SUCCEED - FROM WEBSITE DEVELOPMENT TO PROFESSIONAL PHOTOGRAPHY, AND MORE. AT FISCAL YEAR END, THE COMBINED PORTFOLIO OF MOUNTAIN ASSOCIATION AND ITS AFFILIATED NONPROFIT APPALACHIAN INVESTMENT CORPORATION INCLUDED 209 LOANS TOTALING APPROXIMATELY 22,153,378. THERE WERE APPROXIMATELY 50 LOANS CLOSED DURING FISCAL YEAR 2025, DISBURSING A TOTAL OF10,218,291.Expenses $2,503,929 · grants $257,864 · revenue $1,438,529
- 4C. APPALACHIAN TRANSITION COMMUNICATIONS & POLICY EXPENSES/GRANTS TO OTHER ORGANIZATIONS/REVENUES 716,460/400,000/2,930 APPALACHIAN TRANSITION IS BOTH THE OVERARCHING FRAMEWORK OF OUR VISION FOR APPALACHIA'S BRIGHTER FUTURE AND A BODY OF WORK AIMED AT MOVING US TOWARD THAT FUTURE. THIS TEAM IS FOCUSED ON CONDUCTING COMMUNICATIONS CAMPAIGNS, TELLING IMPORTANT STORIES THROUGH A BROAD RANGE OF AVENUES, AND CONNECTING WITH LEADERS AND ORGANIZATIONS ACROSS THE COUNTRY AS PART OF SHIFTING THE CONVERSATIONS ABOUT THE REGION, OUR ECONOMIC TRANSITION AND OUR BRIGHT FUTURE.Expenses $716,460 · grants $400,000 · revenue $2,930
- 4B. ENERGY PROGRAMS EXPENSES/GRANTS TO OTHER ORGANIZATIONS/REVENUES 970,416/274,096/152,412 THE ORGANIZATION'S ENERGY EXPERTS HELP BUSINESSES, NONPROFITS, AND PUBLIC AGENCIES FIND MUCH-NEEDED SAVINGS THROUGH UTILITY BILL ANALYSIS, ON-SITE ENERGY EFFICIENCY AND SOLAR ASSESSMENTS, FINANCING, AND GRANT APPLICATION SUPPORT.Expenses $970,416 · grants $274,096 · revenue $152,412
- 4D. OTHER PROGRAM SERVICES CENTRAL APPALACHIAN NETWORK THE CENTRAL APPALACHIAN NETWORK (CAN)'S MISSION IS TO DEVELOP AND DEPLOY ECONOMIC STRATEGIES THAT BUILD WEALTH IN LOCAL COMMUNITIES, CONSERVE NATURAL AND CULTURAL RESOURCES, AND EMPOWER MARGINALIZED COMMUNITIES. CAN WORKS IN COLLABORATION ACROSS SECTORS, PARTNERING WITH OTHER NON-PROFITS, COMMUNITY GROUPS, FUNDERS, EDUCATIONAL INSTITUTIONS, LOCAL GOVERNMENT, AND PRIVATE BUSINESS. CAN ACTIVELY PURSUES ECONOMIC TRANSITION IN CENTRAL APPALACHIAN COMMUNITIES THROUGH A VARIETY OF ECONOMIC SECTORS AND MARKET- BASED STRATEGIES. MOUNTAIN ASSOCIATION SERVES AS FISCAL SPONSOR FOR CAN. STRATEGIC INITIATIVES THE STRATEGIC INITIATIVES PROGRAM WORKS TO BUILD RELATIONSHIPS WITH COMMUNITIES IN EASTERN KENTUCKY BY HELPING THEM DESIGN AND BUILD UNIQUE AND PLACE-BASED INTERVENTIONS IN ECONOMIC SECTORS THAT FILL GAPS AND DEMONSTRATES WHAT'S POSSIBLE IN THE REGION'S NEW ECONOMY. GENERAL COMMUNITY DEVELOPMENT HISTORICALLY, MOUNTAIN ASSOCIATION HAS PROVIDED ADMINISTRATIVE SUPPORT SERVICES TO AND HAS MAINTAINED A JOINT EMPLOYER RELATIONSHIP WITH TWO SMALL NONPROFITS WHOSE MISSIONS CLOSELY ALIGN WITH THE ORGANIZATION-- KENTUCKY NATURAL LANDS TRUST (KNLT) AND KENTUCKY CENTER FOR ECONOMIC POLICY (KY POLICY). KNLT IS A NONPROFIT CONSERVATION ORGANIZATION WORKING TO SECURE FUNDS TO PROTECT NATURAL LANDS AND PROVIDE FOR THEIR LONG-TERM STEWARDSHIP. KY POLICY PRODUCES CREDIBLE RESEARCH TO KENTUCKIANS AROUND COMPLEX ISSUES SUCH AS PUBLIC INVESTMENTS, TAXES, EDUCATION, CRIMINAL JUSTICE, HEALTH CARE, JOBS, AND THE ECONOMY. AS PART OF ITS MISSION, MOUNTAIN ASSOCIATION ALSO SERVES AS A FISCAL SPONSOR FOR UNINCORPORATED NONPROFIT PROJECTS DOING WORK THAT SUPPORTS OUR GOALS. FISCALLY SPONSORED PROJECTS ARE DIRECT ACTIVITIES OF MOUNTAIN ASSOCIATION. EXPENSES/GRANTS TO OTHER ORGANIZATIONS/REVENUES 1,039,550/77,695/368,785Expenses $1,039,550 · grants $77,695 · revenue $368,785
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | Not on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990 on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990 on file |
IRS record
- EIN
- 31-0900246
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1977
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S32Z)
- Assets (IRS master file)
- $35,347,429
- Income (IRS master file)
- $6,960,560
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | April 2025 | $6,960,560 | $6,933,941 | $35,347,429 | XML |
| 990 | April 2024 | $8,094,633 | $5,452,825 | $38,008,155 | XML |
| 990 | April 2023 | $6,043,653 | $4,549,571 | $35,661,726 | IRS |
| 990 | April 2022 | – | – | – | IRS |
| 990 | April 2021 | – | – | – | IRS |
| 990 | April 2020 | – | – | – | IRS |
| 990 | April 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-0900246).
Questions about MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC
- What is the EIN of MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC?
- The employer identification number (EIN) of MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC is 31-0900246.
- Is MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC due?
- The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended April 2025.
- Who is the principal officer of MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC?
- The 990 for the year ended April 30, 2025 names ROBIN GABBARD.
- Who are the officers and directors of MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC?
- The 990 for the year ended April 30, 2025 lists 10 people; 6 received compensation from the organization, the highest $166,709 (PETER HILLE, PRESIDENT).
- How much revenue does MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC have?
- On its 990 for the year ended April 30, 2025 it reported revenue of $6,960,560, expenses of $6,933,941 and total assets of $35,347,429 at year end.
Other nonprofits in BEREA
- COMMUNITY FARM ALLIANCE INC EIN 61-1092056 · last filed 990 for 2025
- BEREA MAKERSPACE EIN 83-3915937 · last filed 990-EZ for 2025
- BEREA COLLEGE EIN 61-0444650 · last filed 990 for 2025
- PARTNERS FOR RURAL IMPACT INC EIN 87-2937264 · last filed 990 for 2025
- FEDERATION OF APPALACHIAN HOUSING ENTERPRISES INC EIN 31-0986871 · last filed 990 for 2025
- KENTUCKY NATURAL LANDS TRUST INC EIN 61-1276913 · last filed 990 for 2024
- BEREA COLLEGE SCIENCE AND HEALTH FOUNDATION INC EIN 82-2539390 · last filed 990 for 2025
- KENTUCKY CENTER FOR ECONOMIC POLICY INC EIN 84-4979582 · last filed 990 for 2025
All nonprofits in BEREA · Kentucky · Community improvement and capacity building