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Nonprofit · EIN 31-1129632

APPALACHIAN CENTER FOR ECONOMIC NETWORKS INC

Also known as ACENET

Tax-exempt · ATHENS, OH 45701

Financials

$1.3M$1.4M2023$2M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of APPALACHIAN CENTER FOR ECONOMIC NETWORKS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,966,579$1,636,159$330,420$3,606,820$842,493$2,764,327
December 31, 2023990$1,303,286$1,369,025-$65,739$3,026,491$592,584$2,433,907
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,269,923
of which government grants
$1,127,199
Program service revenue
$692,499
Investment income
$4,157
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$83,200
Other salaries and wages
$595,385
Salaries, compensation and benefits (total)
$899,407
Professional fundraising fees
$0
Accounting fees
$13,074
Travel
$30,803
Depreciation
$176,379
Program services (functional)
$1,508,668
Management and general (functional)
$127,491

Balance sheet and other

Total assets, start of year
$3,026,491
Total assets, end of year
$3,606,820
Total liabilities, end of year
$842,493
Net assets, end of year
$2,764,327
Land, buildings and equipment
$2,819,332
Net assets without donor restrictions
$1,112,676
Net assets with donor restrictions
$1,651,651
Gross receipts
$1,966,579
Employees
17
Year formed
1985
State of legal domicile
OH

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LARRY FISHEREXECUTIVE DIRECTOR
Officer
40$83,200$2,496
MOLLIE FITZGERALDBD TRUSTEE
Trustee or director
0$0$0
LAURIE MCKNIGHTBD TRUSTEE
Trustee or director
0$0$0
LARRY HESSBD TRUSTEE
Trustee or director
0$0$0
CARRIE ARNOLDBD TRUSTEE
Trustee or director
0$0$0
ERIN RENNICHBD TRUSTEE
Trustee or director
0$0$0
THERESSA KANEBD TRUSTEE
Trustee or director
0$0$0
JENNIFER LOGANBD TRUSTEE
Trustee or director
0$0$0
CAITLIN MCDANIELBD TRUSTEE
Trustee or director
0$0$0
AMBER SHEEKSBD TRUSTEE
Trustee or director
0$0$0
TARA SLINGERLANDBD TRUSTEE
Trustee or director
0$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
LARRY FISHEREXECUTIVE DIRECTOR
Officer
40$79,200$2,376
SKY PETTEYBD TRUSTEE
Trustee or director
0$0$0
AARON THOMASBD TRUSTEE
Trustee or director
0$0$0
LARRY HESSBD TRUSTEE
Trustee or director
0$0$0
ERIN RENNICHBD TRUSTEE
Trustee or director
0$0$0
CARRIE ARNOLDBD TRUSTEE
Trustee or director
0$0$0
SEAN TERRELLBD TRUSTEE
Trustee or director
0$0$0
MOLLIE FITZGERALDBD TRUSTEE
Trustee or director
0$0$0
CALE BURKEBD TRUSTEE
Trustee or director
0$0$0
LAURIE MCKNIGHTBD TRUSTEE
Trustee or director
0$0$0
PAUL MASSBD TRUSTEE
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
94 COLUMBUS RD, ATHENS, OH 45701-1312
In care of
% LARRY FISHER
Principal officer (990 for 2024)
LARRY FISHER, 94 COLUMBUS ROAD, ATHENS, OH 45701
Signed the 990
LARRY FISHER, EXECUTIVE DIRECTOR
Phone
(740) 592-3854
Return prepared by
CO & CO TAX AND ACCOUNTING SERVICES

Mission

THE ORGANIZATION IS A COMMUNITY BASED ECONOMIC DEVELOPMENT ENTITY SERVING THE 32 COUNTIES OF APPALACHIA OHIO. ITS MISSION IS TO BUILD THE CAPACITY OF APPALACHIAN COMMUNITIES TO NETWORK, WORK TOGETHER AND INNOVATE TO CREATE A DYNAMIC SUSTAINABLE REGIONAL ECONOMY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION PROVIDED SPACE FOR OVER 40 SMALL BUSINESSES. IT ALSO PROVIDED TRAINING AND TECHNICAL EXPERTISE TO A BROAD RANGE OF SMALL BUSINESSES AND FARMERS.
    Expenses $1,508,668 · revenue $1,966,579

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
31-1129632
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
1986
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,606,820
Income (IRS master file)
$1,966,579

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,966,579$1,636,159$3,606,820XML
990December 2023$1,303,286$1,369,025$3,026,491XML
990December 2022$1,209,382$1,455,272$2,992,613IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 31-1129632).

Questions about APPALACHIAN CENTER FOR ECONOMIC NETWORKS INC

What is the EIN of APPALACHIAN CENTER FOR ECONOMIC NETWORKS INC?
The employer identification number (EIN) of APPALACHIAN CENTER FOR ECONOMIC NETWORKS INC is 31-1129632.
Is APPALACHIAN CENTER FOR ECONOMIC NETWORKS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to APPALACHIAN CENTER FOR ECONOMIC NETWORKS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does APPALACHIAN CENTER FOR ECONOMIC NETWORKS 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 APPALACHIAN CENTER FOR ECONOMIC NETWORKS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did APPALACHIAN CENTER FOR ECONOMIC NETWORKS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of APPALACHIAN CENTER FOR ECONOMIC NETWORKS INC?
The 990 for the year ended December 31, 2024 names LARRY FISHER.
Who are the officers and directors of APPALACHIAN CENTER FOR ECONOMIC NETWORKS INC?
The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $83,200 (LARRY FISHER, EXECUTIVE DIRECTOR).
How much revenue does APPALACHIAN CENTER FOR ECONOMIC NETWORKS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,966,579, expenses of $1,636,159 and total assets of $3,606,820 at year end.

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