Overview
What is Appalachian Development Corporation?
Appalachian Development Corporation is a nonprofit organization situated in Marietta, Ohio, specifically at 1400 Pike Street. Its primary mission is to offer financial aid to emerging businesses and industries within its area of operation, which spans across eight counties in Appalachian Ohio. To accomplish this, the corporation leases office buildings to the Buckeye Hills-Hocking Valley Regional Development District (BHHVRDD). This arrangement indirectly benefits the entire resident population of the region, as BHHVRDD works towards addressing the economic needs of the area. The corporation's activities contribute to the overall growth and development of the community, thereby enhancing the living standards of its residents.
Is Appalachian Development Corporation legitimate?
Appalachian Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Appalachian Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Appalachian Development Corporation?
The Appalachian Development Corporation's mission is centered around providing financial assistance to new and emerging businesses and industries. In pursuing this goal, the corporation leases office buildings to the Buckeye Hills Hocking Valley Regional Development District (BHHVRDD). This indirectly benefits the residents of an eight-county region. The BHHVRDD is an organization composed of local government subdivisions, working to cater to the economic needs of residents in an eight-county area of Appalachian Ohio. The corporation's primary role is to foster growth and development in these businesses, ultimately contributing positively to the local economy.
Who is the CEO of Appalachian Development Corporation?
Chasity Schmelzenbach is the President of Appalachian Development Corporation.
What is the revenue of Appalachian Development Corporation?
Appalachian Development Corporation's revenue in 2022 was $255,549.
Who are the executives of Appalachian Development Corporation and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for Appalachian Development Corporation?
Appalachian Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Appalachian Development Corporation
Appalachian Development Corporation, as stated in the provided information, is committed to providing financial assistance to new and emerging businesses and industries. This mission is carried out through leasing office buildings to the Buckeye Hills Hocking Valley Regional Development District (BHHVRDD). By leasing these buildings to BHHVRDD, Appalachian Development Corporation indirectly benefits the residents of an eight-county region. BHHVRDD is a local organization made up of government subdivisions that serves the economic needs of residents within an eight-county area of Appalachian Ohio. Thus, the mission of Appalachian Development Corporation revolves around fostering business growth and development, which in turn contributes to the overall economic well-being of the local community.
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Impact
October, 2024
Appalachian Development Corporation plays a significant role in enhancing economic opportunities within an eight-county region of Appalachian Ohio. By leasing office buildings to the Buckeye Hills Hocking Valley Regional Development District (BHHVRDD), the corporation indirectly supports a range of services that address the economic needs of local residents. The presence of BHHVRDD fosters collaboration among local government subdivisions, leading to initiatives that promote community improvement and economic development.
This arrangement not only provides vital support to new and developing businesses and industries but also strengthens the infrastructure necessary for regional growth. Through its activities, the Appalachian Development Corporation contributes to the overall betterment of the community, helping to create a more vibrant and sustainable economic environment for residents in the region.
This information is meant to be a general summary of Appalachian Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $208
- Gross Receipts: $255,549
Assets and Liabilities:
- Total Assets: $291,762
- Total Liabilities: $0
- Net Assets: $291,762
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Organization Details
Founding Year
1987
Phone
(740) 374-9436Principal Officer
Chasity Schmelzenbach
Main Address
1400 PIKE STREET, MARIETTA, OH, 45750
NTEE Category
Code: S31 - Community improvement
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