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CONTINUED FUNCTIONING AS A VECHICLE TO PROVIDE FINANCING,ETC FOR INDUSTRY AND EMPLOYMENT.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$5.1M
Program Spending
91%
of total expenses go to program services
Total Contributions
$1.1M
Total Expenses
▼$5.3M
Total Assets
$115.9M
Total Liabilities
▼$80.1M
Net Assets
$35.8M
Officer Compensation
→N/A
Other Salaries
$923.5K
Investment Income
$906.7K
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$2M
Awards Found
19
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Department of Commerce | BUS. PARK INFRASTRUCTURE | $1.5M | FY2013 | Sep 2013 – Mar 2015 | Open → |
| Small Business Administration | CONGRESSIONAL EARMARK | $100K | FY2010 | Sep 2010 – Sep 2011 | Open → |
| Department of Agriculture | RBDG RURAL BUSINESS COOP RURAL ENTERPRISE GRANT | $97.5K | FY2015 | Jun 2015 – Jun 2017 | Open → |
| Department of Housing and Urban Development | ECONOMIC DEVELOPMENT INITIATIVE-SPECIAL PROJECT NEIGHBORHOOD INITIATIVE AND MISCELLANEOUS GRANTS | $95K | FY2010 | Feb 2010 – May 2013 | Open → |
| Department of Agriculture | SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN) | $29.4K | FY2012 | Sep 2012 – Sep 2014 | Open → |
| Department of Agriculture | SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN) | $26.6K | FY2018 | Sep 2018 – Sep 2020 | Open → |
| Department of Agriculture | RURAL BUSINESS ENTERPRISE GRANTS | $21.7K | FY2012 | Apr 2012 – May 2015 | Open → |
| Department of Agriculture | SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN) | $20.7K | FY2013 | Sep 2013 – Sep 2015 | Open → |
| Department of Agriculture | SEC. 6022 RMAP-RURAL MICRO ASSISTANCE GRANTS (DISC) | $20.6K | FY2020 | Sep 2020 – Sep 2022 | Open → |
| Appalachian Regional Commission | PLANNING | $20K | FY2011 | May 2011 – Dec 2011 | Open → |
| Department of Agriculture | SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN) | $18.3K | FY2015 | Sep 2015 – Sep 2017 | Open → |
| Department of Agriculture | SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN) | $17.5K | FY2016 | Sep 2016 – Sep 2018 | Open → |
| Department of Agriculture | SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC) | $16.3K | FY2022 | Sep 2022 – Sep 2024 | Open → |
| Department of Agriculture | SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN) | $10.1K | FY2015 | Jan 2015 – Jan 2017 | Open → |
| Department of Agriculture | SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN) | $4,640 | FY2017 | Sep 2017 – Sep 2019 | Open → |
| Department of Agriculture | SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN) | $0 | FY2015 | Sep 2015 – Sep 2017 | Open → |
| Appalachian Regional Commission | TRANSPORTATION | $0 | FY2014 | Aug 2014 – Dec 2015 | Open → |
| Appalachian Regional Commission | TRANSPORTATION | $0 | FY2014 | Oct 2013 – Dec 2014 | Open → |
| Department of Agriculture | RURAL BUSINESS ENTERPRISE GRANTS | $0 | FY2014 | Jul 2014 – Jun 2016 | Open → |
Department of Agriculture
$97.5K
RBDG RURAL BUSINESS COOP RURAL ENTERPRISE GRANT
Department of Housing and Urban Development
$95K
ECONOMIC DEVELOPMENT INITIATIVE-SPECIAL PROJECT NEIGHBORHOOD INITIATIVE AND MISCELLANEOUS GRANTS
Department of Agriculture
$29.4K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$26.6K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$20.7K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$20.6K
SEC. 6022 RMAP-RURAL MICRO ASSISTANCE GRANTS (DISC)
Department of Agriculture
$18.3K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$17.5K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$16.3K
SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC)
Department of Agriculture
$10.1K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$4,640
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
2
Clean Audits
2
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $1.6M | No | 2026-03-20 |
| 2022 | Clean | Unmodified (Clean) | $4.1M | No | 2023-03-27 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.1M
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $5.1M | $1.1M | $5.3M | $115.9M | $35.8M |
| 2023IRS e-File | $5.5M | $1.3M | $5.3M | $122.1M | $34M |
| 2022 | $33.4M | $6M | $6.3M | $123M | $34.6M |
| 2021 | $5.8M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Dan Hoover | Assistant Secretary/treasu | 3 | $0 | $0 | $0 | $0 |
| Philip Freeman | Assistant Secretary/treasu | 3 | $0 | $0 | $0 | $0 |
| Clark Stapelfeld | Assistant Secretary/treasu | 3 | $0 | $0 | $0 | $0 |
| Ron Mcconnel | Chairmain | 3 | $0 | $0 | $0 | $0 |
| Ann Benzel | 1st Vice Chair | 3 | $0 | $0 | $0 | $0 |
| Mark Ritchey | 2nd Vice Chair | 3 | $0 | $0 | $0 | $0 |
| Mike Settimio | Secretary | 3 | $0 | $0 | $0 | $0 |
| Troy Campbell | Treasurer | 3 | $0 | $0 | $0 | $0 |
| Joseph Sheetz | Assistant Secretary/treasu | 3 | $0 | $0 | $0 | $0 |
Dan Hoover
Assistant Secretary/treasu
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Philip Freeman
Assistant Secretary/treasu
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Clark Stapelfeld
Assistant Secretary/treasu
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Ron Mcconnel
Chairmain
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Ann Benzel
1st Vice Chair
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Mark Ritchey
2nd Vice Chair
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Mike Settimio
Secretary
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Troy Campbell
Treasurer
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Joseph Sheetz
Assistant Secretary/treasu
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Stephen Mcknight | President & CEO | 40 | $173.8K | $0 | $0 | $173.8K |
| Tom Seasoltz | Chief Financial Officer | 40 | $151.2K | $0 | $0 | $151.2K |
| Matthew Fox | Director Of Business Expan | 40 | $117.6K | $0 | $0 | $117.6K |
Stephen Mcknight
President & CEO
$173.8K
Hrs/Wk
40
Compensation
$173.8K
Related Orgs
$0
Other
$0
Tom Seasoltz
Chief Financial Officer
$151.2K
Hrs/Wk
40
Compensation
$151.2K
Related Orgs
$0
Other
$0
Matthew Fox
Director Of Business Expan
$117.6K
Hrs/Wk
40
Compensation
$117.6K
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Adam Ward | Director | 3 | $0 | $0 | $0 | $0 |
| Andrea Cohen | Director | 3 | $0 | $0 | $0 | $0 |
| Bo Pratt | Director | 3 | $0 | $0 | $0 | $0 |
| Bob Bilger | Director | 3 | $0 | $0 | $0 | $0 |
| Brad Hatch | Director | 3 | $0 | $0 | $0 | $0 |
| Brian Irwin | Director | 3 |
Adam Ward
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Andrea Cohen
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Bo Pratt
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Bob Bilger
| $1.7M |
| $8.6M |
| $169.4M |
| -$12.8M |
| 2020 | $5.4M | $1.4M | $8.2M | $174.8M | -$20.2M |
| 2019 | $7.6M | $3.6M | $11.2M | $177.9M | -$6.8M |
| 2018 | $4.2M | $1.2M | $6.4M | $181.6M | $6M |
| 2017 | $3.8M | $1.2M | $7.4M | $174.5M | $5.3M |
| 2016 | $6.6M | $4.4M | $6.1M | $146.3M | $8.3M |
| 2015 | $9.4M | $7M | $7.9M | $145.2M | $4.9M |
| 2014 | $5M | $2.8M | $5.8M | $135.1M | $4.8M |
| 2013 | $4.7M | $2.4M | $4.8M | $110.2M | $9.8M |
| 2012 | $3.2M | $1M | $3.6M | $94.4M | $4.7M |
| 2011 | $2.2M | $583.3K | $3.2M | $94M | $6.9M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| $0 |
| $0 |
| $0 |
| $0 |
| Bruno Degol Iii | Director | 3 | $0 | $0 | $0 | $0 |
| Derek Coughenour | Director | 3 | $0 | $0 | $0 | $0 |
| Frank Montecalvo | Director | 3 | $0 | $0 | $0 | $0 |
| Jeff Long | Director | 3 | $0 | $0 | $0 | $0 |
| Joe Diamond | Director | 3 | $0 | $0 | $0 | $0 |
| John Horell | Director | 3 | $0 | $0 | $0 | $0 |
| John Russell | Director | 3 | $0 | $0 | $0 | $0 |
| Josh Baker | Director | 3 | $0 | $0 | $0 | $0 |
| Josh Barnhart | Director | 3 | $0 | $0 | $0 | $0 |
| Kirsten Stratton | Director | 3 | $0 | $0 | $0 | $0 |
| Matt Pacifico | Director | 3 | $0 | $0 | $0 | $0 |
| Michael Delgrosso | Director | 3 | $0 | $0 | $0 | $0 |
| Mike Corso | Director | 3 | $0 | $0 | $0 | $0 |
| Nicholas Gates | Director | 3 | $0 | $0 | $0 | $0 |
| Nicole Zernick | Director | 3 | $0 | $0 | $0 | $0 |
| Richard Fiore Jr | Director | 3 | $0 | $0 | $0 | $0 |
| Ron Darbeau | Director | 3 | $0 | $0 | $0 | $0 |
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Brad Hatch
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Brian Irwin
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Bruno Degol Iii
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Derek Coughenour
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Frank Montecalvo
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Jeff Long
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Joe Diamond
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
John Horell
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
John Russell
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Josh Baker
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Josh Barnhart
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Kirsten Stratton
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Matt Pacifico
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Michael Delgrosso
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Mike Corso
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Nicholas Gates
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Nicole Zernick
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Richard Fiore Jr
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Ron Darbeau
Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0