EIN 55-6024192

Charleston Area Alliance

IRS 501(c) type
501(c)(4)
Num. employees
11
Year formed
1963
Most recent tax filings
2022-12-01
Description
Charleston Area Alliance is an economic and community development organization that supports local business growth, industry recruitment, and retention.
Also known as...
Capital Area Development Corporation of West Virginia; Capitol Area Development Corporation of WV
Total revenues
$3,509,217
2022
Total expenses
$1,481,168
2022
Total assets
$7,363,815
2022
Num. employees
11
2022

Program areas at Charleston Area Alliance

Economic Development - Programs and projects focus on business recruitment, expansion and retention by providing site selection assistance, facilitating foreign direct investment, assisting with import/export needs, supporting innovation, research and development, linking suppliers and customers to promote local economic growth, promoting workforce development opportunities, encouraging public investment in supportive infrastructure, and developing entrepreneurial networks and support systems.
Community Development - We work diligently to increase our natural and built assets through sustainable redevelopment initiatives. Goals include: stimulating new housing growth in downtown Charleston, developing a formal structure for downtown management and marketing, enhancing our downtown promotional efforts, creating community anchors in the urban core, supporting arts and culture throughout Kanawha County. Our collaborative programs assist with the revitalization of small rural communities, build strong communities and enhance the quality of life in the greater Charleston area.
Operation of Business Incubator - Program supports entrepreneurial and small business development. Goals include: increasing awareness of the incubator as an available resource for entrepreneurs in the local area; providing low cost office space for entrepreneurs and start-ups; linking tenant entrepreneurs to available consulting services; providing central location for small business referrals to partners and support systems; increased visibility for entrepreneurs through networking and professional development opportunities.
Other program services include benefits and opportunities provided to member businesses such as: networking, professional development, referrals and communication.

Who funds Charleston Area Alliance

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Cadco FoundationSupport of Business Incubator$177,188
Thomas Health SystemCo-Sponsor Leadership Kanawha Valley$5,000

Personnel at Charleston Area Alliance

NameTitleCompensation
Nicole ChristianPresident and Chief Executive Officer$150,138
Debra S JamesChief Financial Officer$96,223
Jordan FerrellVice President, Communications and Development
Jeri AdkinsVice President and Administration
Susie SalisburyVice President and Community Development
...and 9 more key personnel

Financials for Charleston Area Alliance

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,553,464
Program services$930,789
Investment income and dividends$2,873
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$22,091
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,509,217

Form 990s for Charleston Area Alliance

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-03990View PDF
2021-122022-10-25990View PDF
2020-122021-11-10990View PDF
2019-122022-01-20990OView PDF
2018-122019-12-03990OView PDF
...and 8 more Form 990s
Data update history
December 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 3, 2023
Updated personnel
Identified 4 new personnel
November 26, 2023
Received grants
Identified 2 new grant, including a grant for $177,188 from Cadco Foundation
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 4, 2023
Updated personnel
Identified 14 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementEconomic development
Characteristics
MembershipsState / local levelReceives government fundingEndowed support
General information
Address
1116 Smith St
Charleston, WV 25301
Metro area
Charleston, WV
County
Kanawha County, WV
Website URL
charlestonareaalliance.org/ 
Phone
(304) 340-4253
IRS details
EIN
55-6024192
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1963
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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