Overview
What is Appalachian Partnership Inc?
Appalachian Partnership Inc, based in Logan, Ohio, serves as the regional partner for JobsOhio in Eastern and Southern Ohio. Since 2011, it has been the primary point of contact for JobsOhio in 25 out of 32 Appalachian Ohio counties. The organization's mission is to foster prosperity across Appalachian Ohio by aiding in the development of the region's private sector business economy. They accomplish this by working with banks and revolving loan funds, serving as an additional or alternative funding source for small business projects in Ohio's Appalachian-designated counties. With a team of 20 employees, Appalachian Partnership Inc is dedicated to driving job creation and new capital investment in Ohio through business attraction, retention, and expansion efforts.
Official website here: www.appalachianpartnership.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Appalachian Partnership Inc has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. The organization's score is largely based on its commitment to financial transparency and proper governance, as evidenced by a perfect score in several key areas, including an independent board and well-documented policies.
Strengths of the organization include a high percentage of independent board members and a strong financial oversight structure, which enhances its credibility. The program expense ratio is commendable at 87.47%, suggesting that a significant portion of its resources is allocated towards its programs rather than administrative costs. Additionally, there are no reported material diversions of assets, further highlighting the integrity of the organization.
However, one area of concern is the liabilities to assets ratio, which scored 0 out of 15 points. This may indicate potential financial risk, as a high level of liabilities compared to assets can threaten sustainability. Overall, while Appalachian Partnership Inc demonstrates strong governance and program efficiency, it may need to address its financial liabilities to enhance its overall stability.
This AI summary has been generated from information found on Charity Navigator.
Is Appalachian Partnership Inc legitimate?
Appalachian Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Appalachian Partnership Inc 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $498,113
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,183,361
For more financial information, click here
Official website here: www.appalachianpartnership.org
What is the mission statement of Appalachian Partnership Inc?
Appalachian Partnership Inc's mission is focused on fostering widespread prosperity in Appalachian Ohio. They achieve this by supporting the development of the region's private sector business economy. The organization works closely with banks and revolving loan funds, serving as an alternative funding source for small business projects in Appalachian-designated counties in Ohio. Their goal is to drive job creation and new capital investment in the state through business attraction, retention, and expansion efforts. They act as a single point of entry into several Appalachian Ohio counties for JobOhio, an initiative aimed at promoting job growth and capital investment.
Official website here: www.appalachianpartnership.org
Who is the CEO of Appalachian Partnership Inc?
Glenda Bumgarner is the Director of Appalachian Partnership Inc. The CEO's salary of Appalachian Partnership Inc is $172,352 and their total compensation is $172,352.
Official website here: www.appalachianpartnership.org
What is the revenue of Appalachian Partnership Inc?
Appalachian Partnership Inc's revenue in 2022 was $3,453,432.
Official website here: www.appalachianpartnership.org
Who are the executives of Appalachian Partnership Inc and what are their salaries?
The average compensation at Appalachian Partnership Inc during 2022 was $84,074. There are 20 employees and 31 volunteers at Appalachian Partnership Inc.
Here are 28 key members and their salaries (Appalachian Partnership Inc's CEO's salary is $172,352 and their total compensation is $172,352):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $130,600
- Related: $0
- Other: $0
- Compensation: $226,531
- Related: $0
- Other: $0
- Compensation: $172,352
- Related: $0
- Other: $0
Official website here: www.appalachianpartnership.org
Where can I find the form 990 for Appalachian Partnership Inc?
Appalachian Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.appalachianpartnership.org
Learn more at the official website: www.appalachianpartnership.org
Mission Statement of Appalachian Partnership Inc
Appalachian Partnership Inc, a nonprofit organization, aims to foster widespread prosperity across Appalachian Ohio. Their mission is twofold: firstly, they strive to bolster the region's private sector business economy. Secondly, they work in collaboration with banks and revolving loan funds, serving as an additional or alternative funding source for small business projects in Ohio's Appalachian-designated counties. This endeavor is aimed at driving job creation and new capital investment in the region, primarily through business attraction, retention, and expansion efforts.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Appalachian Partnership Inc, also known as Ohio Southeast, is dedicated to fostering enduring and widely shared prosperity across Appalachian Ohio. By focusing on business development, the organization serves as the JobsOhio regional partner in Eastern and Southern Ohio. Since 2011, Ohio Southeast has been the single point of entry into 25 of the 32 Appalachian Ohio counties for JobsOhio, aiming to drive job creation and new capital investment in the region through business attraction, retention, and expansion efforts. By working with banks and revolving loan funds, they provide additional or alternate funding sources for small business projects in Ohio's Appalachian-designated counties. Their impact can be seen in the improved economic landscape, job opportunities, and enhanced business environment in the region, contributing to community improvement and sustainable growth.
This information is meant to be a general summary of Appalachian Partnership Inc. 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: $189,951
- Program Service Revenue: $4,286
- Gross Receipts: $3,453,432
Assets and Liabilities:
- Total Assets: $13,784,353
- Total Liabilities: $10,791,702
- Net Assets: $2,992,651
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROG.SERV.REVENUE-RELA
Revenue
$4,286
Organization Details
Founding Year
2011
Phone
(740) 216-4449Principal Officer
Glenda Bumgarner
Main Address
31480 CHIEFTAIN DR, LOGAN, OH, 43138
NTEE Category
Code: S30 - Community improvement
If you are a representative of Appalachian Partnership Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.