EIN 31-0900246

Mountain Association

IRS 501(c) type
501(c)(3)
Num. employees
52
City
Berea
Year formed
1976
Most recent tax filings
2024-04-01
Description
Mountain Association invests in people and places in Eastern Kentucky through flexible loans and technical support for businesses, energy savings, and wealth-building strategies.
Also known as...
Mountain Association for Community Economic Development; Maced
Total revenues
$8,094,633
2024
Total expenses
$5,452,825
2024
Total assets
$38,008,155
2024
Num. employees
52
2024

Program areas at Mountain Association

Lending and business support 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 folks 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 197 loans totaling approximately 21,680,056. There were 53 loans closed during fiscal year 2024, disbursing a total of approximately 6,596,227.
Energy programs the organization's energy experts help businesses, nonprofits, and public agencies find much-needed energy savings through utility bill analysis, on-site energy efficiency and solar assessments, financing, and grant application support.
Appalachian transition communications & policy 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.
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. This includes helping to develop and support a grassroots network of Community groups focused on diversifying their local economies, as well as helping communities plan for and respond to climate change and climate disasters. As a part of this work, the organization also continues deep, long-term investment in hazard, Kentucky as a way to show how collaborative work and Community Development projects can, over time, forward a new economy. General Community Development historically, Mountain Association has provided administrative support services to and has maintained a joint employer relationship with several small nonprofits whose missions closely align with the organization. Currently, Mountain Association provides these services to 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.

Grants made by Mountain Association

GranteeGrant descriptionAmount
Kentucky CoalitionSupport Public Ed$450,000
Homes IncorporatedSolar Project$34,830
Housing Development AllianceSolar Project$14,742

Who funds Mountain Association

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The JPB FoundationAdvancing A Just Transition in Appalachia$1,650,000
The JPB FoundationAdvancing A Just Transition in Appalachia$1,650,000
Appalachian Development AllianceCommunity Developmen$354,620
...and 16 more grants received

Personnel at Mountain Association

NameTitleCompensation
Peter HilleChief Executive Officer$151,372
Jason CoomesChief Operating Officer$81,750
Kacie ZechmanChief Financial Officer$81,886
Leslie Ferguson-OlesChief Advancement Officer
Betsy WhaleyDirector of Strategic Initiatives
...and 24 more key personnel

Financials for Mountain Association

RevenuesFYE 04/2024
Total grants, contributions, etc.$6,741,704
Program services$1,285,432
Investment income and dividends$67,497
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$8,094,633

Form 990s for Mountain Association

Fiscal year endingDate received by IRSFormPDF link
2024-042024-09-09990View PDF
2023-042023-08-25990View PDF
2022-042022-08-04990View PDF
2021-042021-08-12990View PDF
2020-042020-11-24990View PDF
...and 10 more Form 990s
Data update history
October 3, 2024
Updated personnel
Identified 5 new personnel
September 1, 2024
Used new vendors
Identified 1 new vendor, including
August 10, 2024
Received grants
Identified 4 new grant, including a grant for $1,650,000 from The JPB Foundation
January 2, 2024
Received grants
Identified 9 new grant, including a grant for $1,650,000 from The JPB Foundation
October 29, 2023
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Political advocacyLobbyingState / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donationsFiscal sponsorAccepts online donations
General information
Address
433 Chestnut St
Berea, KY 40403
County
Madison County, KY
Website URL
mtassociation.org/ 
Phone
(859) 986-2373
Facebook page
macedky 
Twitter profile
@maced_ky 
IRS details
EIN
31-0900246
Fiscal year end
April
Taxreturn type
Form 990
Year formed
1976
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0272166
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-10-16
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