EIN 55-0753467

Advantage Valley

IRS 501(c) type
501(c)(6)
Num. employees
5
Year formed
1996
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Advantage Valley promotes economic growth in the Charleston-Huntington Metro area by increasing investments and collaborating with stakeholders to retain and grow businesses.
Total revenues
$935,048
2022
Total expenses
$999,452
2022
Total assets
$219,100
2022
Num. employees
5
2022

Program areas at Advantage Valley

Entreprenuerial Development: Advantage Valley supports the startup and expansion of existing businesses by providing business coaching, entrepreneurial training, and access to capital.
Regional Marketing: Advantage Valley seeks to increase private investment in the region by: 1) identifying business expansion projects that will lead to job growth; 2) promoting Opportunity Zone properties and businesses that represent catalytic community revitalization projects; 3) recruiting talent to live and work in the region; and 4) raising awareness about the affordability and livability of the region.
Business Retention: Working with our network of community economic development partners, Advantage Valley funds outreach to existing manufacturers to link them with resources to retain and grow their number of employees and revenues.
All other programs

Personnel at Advantage Valley

NameTitleCompensation
Robert BurtonPresident$0
John StumpSecretary$0
Dave LievingBoard Member$0
Wayne MorganTreasurer$0

Financials for Advantage Valley

RevenuesFYE 12/2022
Total grants, contributions, etc.$935,048
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$935,048

Form 990s for Advantage Valley

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-13990View PDF
2021-122022-06-01990View PDF
2020-122021-06-30990View PDF
2019-122020-10-16990View PDF
2018-122019-09-14990View PDF
...and 8 more Form 990s
Data update history
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 24, 2023
Updated personnel
Identified 1 new personnel
May 8, 2023
Updated personnel
Identified 4 new personnel
January 2, 2023
Updated personnel
Identified 19 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementEconomic development
Characteristics
Partially liquidatedReceives government funding
General information
Address
PO Box 1925
Charleston, WV 25327
Metro area
Charleston, WV
County
Kanawha County, WV
Website URL
advantagevalley.com/ 
Phone
(304) 352-1165
IRS details
EIN
55-0753467
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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