Form 990 for tax year 2024

Totals

Total revenue

$6,090,540

Total expenses

$6,055,725

Contributions and grants received

$5,945,740

Grants paid

$0

Program service revenue

$0

Investment income

$0

Other revenue

$144,800

Total assets, end of year

$18,336,441

Total liabilities, end of year

$18,294,534

Net assets or fund balances, end of year

$41,907

Program services expenses (Part IX)

$6,050,367

Management and general expenses

$5,358

Fundraising expenses

$0

Program service expenses (Part III)

$6,050,367

Program services were 99.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2024

• ACC CONTINUES TO EVOLVE FROM A START-UP CDFI INTERMEDIARY TO HIGH-PERFORMING LOAN FUND. SINCE 2015, WHEN IT FIRST BEGAN LENDING, ACC HAS RAISED $60 MILLION AND DEPLOYED $53 MILLION IN LOANS TO ACC MEMBERS. IN 2024, ACC LENT $8.75M TO MEMBERS WHO FINANCED 20 LOANS; 40% OF THE LOANS WERE MADE TO SMALL BUSINESSES OWNED BY WOMEN AND/OR PERSONS OF COLOR; 35% WERE LOANS MADE TO VETERAN-OWNED BUSINESSES.ACC RECEIVED A $1.5 MILLION GRANT FROM THE APPALACHIAN REGIONAL COMMISSION TO CONTINUE THE SUCCESSFUL OPPORTUNITY APPALACHIA TECHNICAL ASSISTANCE PROGRAM BEGUN IN 2020. SINCE THEN, OPPORTUNITY APPALACHIA HAS SUPPORTED 86 PROJECTS SEEKING TO RAISE $700 MILLION IN FINANCING AND CREATE 4,700 QUALITY JOBS. TO DATE, THESE PROJECTS HAVE RAISED OVER $154 MM IN FINANCING, INCLUDING $33 MM RAISED BY PROJECTS TAKING A PHASED DEVELOPMENT APPROACH. OUR INVESTMENT PRIORITIES INCLUDE DOWNTOWN DEVELOPMENT, HOUSING, MANUFACTURING, IT, HEALTHCARE, EDUCATION, FOOD SYSTEMS, CLEAN ENERGY, AND HERITAGE TOURISM AND RECREATIONPRIMARILY IN RURAL COMMUNITIES.ALSO, ACC'S DATA ANALYTICS HUB HAS 1) SUPPORTED A COHORT OF ACC MEMBERS SEEKING TO INCREASE THEIR LENDING ACTIVITIES AND ENHANCE THEIR RELATIONSHIPS WITH SMALL BUSINESS OWNERS IN UNDERSERVED APPALACHIAN MARKETS; 2) IDENTIFIED ENERGY EFFICIENCY PROJECTS IN APPALACHIA, AND 3) DISBURSED $55 MILLION IN GRANTS PROVIDED BY VARIOUS PARTNERS TO SUPPORT SMALL BUSINESS OWNERS IMPACTED BY HURRICANE HELENE IN SEPTEMBER 2024.ACC DISTRIBUTED $500,000 THROUGH THE VETERAN LOAN FUND, AND IT JOINED FORCES WITH A NATIONAL NON-PROFIT TO BEGIN RAISING $25 MILLION TO BRIDGE THE DIGITAL DIVIDE THROUGHOUT APPALACHIA. IN LATE 2023, ACC JOINED FORCES WITH REGIONAL AND NATIONAL PARTNERS TO APPLY FOR THE CLEAN COMMUNITIES INVESTMENT ACCELERATOR (CCIA) , PART OF THE U.S. ENVIRONMENTAL PROTECTION AGENCY'S (EPA) HISTORIC $27 BILLION GREENHOUSE GAS REDUCTION FUND (GGRF). THIS ACTION MARKED THE EXPANSION OF ACC'S MISSION TO INCREASE ACCESS TO CAPITAL FOR THE RAPID DEPLOYMENT OF LOW- AND ZERO- EMISSION PRODUCTS, TECHNOLOGIES, AND SERVICES AND TO CREATE MEANINGFUL ECONOMIC OPPORTUNITY IN ENERGY COMMUNITIES. IN APRIL 2024, EPA ANNOUNCED THAT ACC WAS APPROVED FOR A $500 MILLION CCIA GRANT. THIS GRANT AND ALL OTHER GRANTS AWARDED UNDER GGRF ARE ON HOLD AS THE COURTS DELIBERATE THE NEW ADMINISTRATION'S INTENTION TO TERMINATE THE GGRF CONTRACTS.

  Expenses $6,050,367 · Revenue $144,800

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• APPALACHIAN COMMUNITY CAPITAL CORPORATION

  501(C)(4) · AID COMMUNITY/ECONOMIC DEVELOPMENT IN APPALACHIA · VA

Provenance

Return type

form_990

Tax year

2024

Filed

29 September 2025

IRS schema version

2024v5.2

Source object

202512879349300121

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