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THE MOUNTAIN ASSOCIATION INVESTS IN PEOPLE AND PLACES IN ORDER TO BUILD A NEW ECONOMY IN EASTERN KENTUCKY.
Source: IRS Form 990 (Tax Year 2025)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$7M
Program Spending
75%
of total expenses go to program services
Total Contributions
$5M
Total Expenses
▼$6.9M
Total Assets
$35.3M
Total Liabilities
▼$6.1M
Net Assets
$29.3M
Officer Compensation
→$524.3K
Other Salaries
$2.3M
Investment Income
$45.7K
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$19.4M
Awards Found
42
Department of Commerce
$1.2M
THIS EDA INVESTMENT SUPPORTS THE MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT WITH HIRING A DISASTER RECOVERY COORDINATOR AND BUSINESS SUPPORT STAFF TO ASSIST WITH DISASTER RELIEF AND RECOVERY EFFORTS FOLLOWING SEVERE STORMS AND FLOODING IN BEREA, KENTUCKY. THE PROJECT ACTIVITIES INCLUDE DEVELOPING A RESILIENCY BEST PRACTICES TOOLKIT FOR SMALL BUSINESSES AND NONPROFITS AND IMPLEMENTING IMPROVED CLIENT INTERFACE AND DATA MANAGEMENT SYSTEMS. ONCE COMPLETED, THE PROJECT WILL CREATE NEW OPPORTUNITIES FOR EMPLOYMENT AND STRENGTHEN THE REGIONAL ECONOMY.
Department of Health and Human Services
$686K
COMMUITY ECONOMIC DEVELOPMENT OPERATIONAL PROJECT
Department of Agriculture
$500K
ENVIRONMENTAL QUALITY INCENTIVE PROGRAM
Appalachian Regional Commission
$300K
REVOLVING LOAN FUND / EQUITY FUNDS
Small Business Administration
$288.2K
MICROLOAN TECHNICAL ASSISTANCE GRANT
Small Business Administration
$275K
THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Department of Agriculture
$250K
RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS
Small Business Administration
$213.6K
MOUNTAIN ASSOCIATION FOR COMMUNITY ECON DEV - KY
Small Business Administration
$200K
MOUNTAIN ASSOCIATION FOR COMMUNITY ECON. DEV. - KY TO PROVIDE TRAINING AND TECHNICAL ASSISTANCE TO MICROLOAN BORROWERS.
Small Business Administration
$193.2K
TRAINING AND TECHNICAL ASSISTANCE TO SBA MICROLOAN PROGRAM BORROWERS AND PROSPECTIVE BORROWERS
Small Business Administration
$177.8K
THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Small Business Administration
$166.1K
MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEV., INC., KY THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Small Business Administration
$143.6K
MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEV - KY TO ASSIST ALL ENTREPRENEURS BUSINESS OWNERS AND OTHER INDIVIDUALS POSSESSING THE CAPABILITY TO OPERATE SUCCESSFUL BUSINESS CONCERNS AND TO ASSIST SMALL BUSINESS CONCERNS IN THOSE AREAS SUFFERING FROM A LACK OF CREDIT DUE TO ECONOMIC DOWNTURNS UNDER THE PROGRAM THE SMALL BUSINESS ADMINISTRATION SBA WILL MAKE LOANS OR PROVIDE GUARANTIES TO PRIVATE NON PROFIT AND QUASI GOVERNMENTAL ORGANIZATIONS INTERMEDIARY LENDERS THAT WILL USE THE LOAN FUNDS TO MAKE SHORT TERM FIXED INTEREST RATE MICROLOANS IN AMOUNTS UP TO 50000 DOLLARS TO START UP NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS THESE MICROLOANS ARE TO BE USED EXCLUSIVELY FOR WORKING CAPITAL INVENTORY SUPPLIES FURNITURE FIXTURES MACHINERY AND OR EQUIPMENT IN ADDITION THE SBA WILL MAKE GRANTS TO PARTICIPATING INTERMEDIARY LENDERS TO PROVIDE MARKETING MANAGEMENT AND TECHNICAL ASSISTANCE TO PROSPECTIVE BORROWERS AND BORROWERS RECEIVING MICROLOANS UNDER THE PROGRAM SBA WILL ALSO PROVIDE TRAINING FOR INT
Small Business Administration
$104.5K
MICROLOAN TECHNICAL ASSISTANCE PROGRAM
Department of Agriculture
$100K
SEC. 6022 RMAP-RURAL MICRO ASSISTANCE GRANTS (DISC)
Small Business Administration
$89.1K
MICROLOAN TECHNICAL ASSISTANCE PROGRAM
Small Business Administration
$60K
MICROLOAN TECHNICAL ASSISTANCE PROGRAM
Department of Agriculture
$49.9K
RBDG RURAL BUSINESS COOP OPPORTUNITY GRANT
Small Business Administration
-$59.1K
DE-OBLIGATION IN THE AMOUNT OF $59,149.90
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
10
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $2.1M | Yes | 2025-08-11 |
| 2024 | Clean | Unmodified (Clean) | $2.2M | Yes | 2024-08-20 |
| 2023 | Clean | Unmodified (Clean) | $2.4M | Yes | 2023-10-05 |
| 2022 | Clean | Unmodified (Clean) | $2.2M | Yes | 2022-10-10 |
| 2021 | Clean | Unmodified (Clean) | $988K | Yes | 2021-07-27 |
| 2020 | Clean | Unmodified (Clean) | $1.7M | Yes | 2020-07-30 |
| 2019 | Clean | Unmodified (Clean) | $2M | Yes | 2019-07-31 |
| 2018 | Clean | Unmodified (Clean) | $1.6M | Yes | 2018-07-30 |
| 2017 | Clean | Unmodified (Clean) | $1.4M | Yes | 2017-08-06 |
| 2016 | Clean | Unmodified (Clean) | $1.7M | Yes | 2016-07-24 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$988K
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.7M
Tax Year 2025 · Source: IRS e-Filed Form 990
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 | $7M | $5M | $6.9M | $35.3M | $29.3M |
| 2023 | $6M | $5M | $4.5M | $35.7M | $26.6M |
| 2022 | $8.6M | $6.7M | $4.2M | $33.2M | $25.1M |
| 2021 | $4.4M | $3.1M | $5.7M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2025 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2024 | 990 | DataIRS e-File | |
| 2023 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2025)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Peter Hille | President | 40 | $166.7K | $0 | $19.8K | $186.5K |
| William Coomes | Corporate VP | 40 | $93.2K | $0 | $22.1K | $115.3K |
| Kacie Zechman | Corporate Tr | 40 | $94.1K | $0 | $18.2K | $112.3K |
| Robin Gabbard | President | 40 | $93.3K | $0 | $11.7K | $105.1K |
| Toni Wells | Corporate Se | 40 | $80.1K | $0 | $16K | $96K |
| Rhonda Stapleton | Corporate Se | 40 | $74.4K | $0 | $15.7K | $90.1K |
| Hasan Davis | Chair | 1 | $0 | $0 | $0 | $0 |
| Mandi Sheffel | Vice Chair | 1 | $0 | $0 | $0 | $0 |
| Ada Smith | Treasurer | 1 | $0 | $0 | $0 | $0 |
Peter Hille
President
$186.5K
Hrs/Wk
40
Compensation
$166.7K
Related Orgs
$0
Other
$19.8K
William Coomes
Corporate VP
$115.3K
Hrs/Wk
40
Compensation
$93.2K
Related Orgs
$0
Other
$22.1K
Kacie Zechman
Corporate Tr
$112.3K
Hrs/Wk
40
Compensation
$94.1K
Related Orgs
$0
Other
$18.2K
Robin Gabbard
President
$105.1K
Hrs/Wk
40
Compensation
$93.3K
Related Orgs
$0
Other
$11.7K
Toni Wells
Corporate Se
$96K
Hrs/Wk
40
Compensation
$80.1K
Related Orgs
$0
Other
$16K
Rhonda Stapleton
Corporate Se
$90.1K
Hrs/Wk
40
Compensation
$74.4K
Related Orgs
$0
Other
$15.7K
Hasan Davis
Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mandi Sheffel
Vice Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Ada Smith
Treasurer
$0
Hrs/Wk
1
Compensation
$0
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 |
|---|---|---|---|---|---|---|
| Wayne Riley | Member | 0.5 | $0 | $0 | $0 | $0 |
Wayne Riley
Member
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
| $28.7M |
| $20.7M |
| 2020 | $4.2M | $2.8M | $5.6M | $29.8M | $22M |
| 2019 | $7.6M | $6.3M | $4.9M | $31M | $23.4M |
| 2018 | $3.8M | $2.9M | $5.1M | $29.7M | $20.7M |
| 2017 | $5.8M | $4.9M | $4.8M | $26.6M | $21.9M |
| 2016 | $3M | $2.1M | $4M | $25.1M | $20.9M |
| 2015 | $7.9M | $7.1M | $3.8M | $26.7M | $21.8M |
| 2014 | $8M | $7.4M | $3.9M | $23.2M | $17.7M |
| 2013 | $4.1M | $3.5M | $3.5M | $20.7M | $13.6M |
| 2012 | $6.3M | $5.7M | $4.1M | $19.1M | $13M |
| 2022 | 990 | Data |
| 2021 | 990 | Data | PDF not yet published by IRS |
| 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 | — |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |