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.
Other program services
Who funds Advantage Valley
Grants from foundations and other nonprofits
Personnel at Advantage Valley
| Name | Title | Compensation | Date of data |
|---|
| Terrell Ellis | President and Chief Executive Officer | | 2024-11-23 |
| Marjorie Cooke | Marketing and Communications Director | | 2024-11-23 |
| Robert Burton | Chair | $0 | 2024-11-23 |
| John Stump | Secretary | $0 | 2024-11-23 |
| Wayne Morgan | Treasurer | $0 | 2024-11-23 |
| ...and 1 more key personnel |
Financials for Advantage Valley
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $1,532,481 | $935,048 | 63.9% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $0 | $0 | - |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $1,532,481 | $935,048 | 63.9% |
Organizations like Advantage Valley
| Organization | Type | Location | Revenue |
|---|
| Alexandria Economic Development Partnership | 501(c)(6) | Alexandria, VA | $4,212,615 |
| Four Corners Economic Development | 501(c)(6) | Farmington, NM | $724,705 |
| Pueblo Economic Development (PEDCO) | 501(c)(6) | Pueblo, CO | $1,215,791 |
| Greater Spokane Incorporated (GSI) | 501(c)(6) | Spokane, WA | $5,819,739 |
| Greater New Orleans | 501(c)(6) | New Orleans, LA | $4,756,637 |
| Greater Wichita Partnership | 501(c)(6) | Wichita, KS | $3,308,760 |
| Energy Capital Economic Development | 501(c)(6) | Gillette, WY | $699,902 |
| The Roane Alliance | 501(c)(6) | Kingston, TN | $827,709 |
| San Saba Economic Development Corporation | 501(c)(6) | San Saba, TX | $441,381 |
| Washington Economic Development Association Ion | 501(c)(6) | Seattle, WA | $767,858 |
Data update history
February 8, 2025
Posted financials
Added Form 990 for fiscal year 2023
November 24, 2024
Updated personnel
Identified 2 new personnel
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsPublic 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/Â
- 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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