2024-11-15T18:19:25-06:00 2023-12-31 341310124 REA & ASSOCIATES INC 905 ZANE STREET 2ND FLOOR ZANESVILLE OH 43701 990 2023-01-01 453478053 APPALACHIAN PARTNERSHIP INC APPA 7402164449 31480 CHIEFTAIN DR LOGAN OH 43138 GLENDA BUMGARNER PRESIDENT & CEO 7402164449 2024-11-15 1 0 MELISSA DUNKLE CPA P01380769 7404542461 2024-11-15 2023 2024-10-15 13:58:12Z GLENDA BUMGARNER 31480 CHIEFTAIN DR LOGAN OH 43138 5011492 0 X WWW.APPALACHIANPARTNERSHIP.ORG X 2011 OH TO FOSTER ENDURING, WIDELY SHARED PROSPERITY ACROSS APPALACHIAN OHIO BY HELPING BUILD THE REGIONS PRIVATE SECTOR BUSINESS ECONOMY AND WORK WITH BANKS AND REVOLVING LOAN FUNDS AS AN ADDITIONAL OR ALTERNATE FUNDING SOURCE FOR SMALL BUISNESS PROJECTS IN OHIO'S APPALACHIAN-DESIGNATED COUNTIES. 31 28 25 0 0 0 3259195 4520802 4286 37518 189951 211397 0 241775 3453432 5011492 0 0 0 0 2089556 1950747 0 0 30049 1100016 1435525 3189572 3386272 263860 1625220 13784353 15299039 10791702 10681168 2992651 4617871 X TO FOSTER ENDURING, WIDELY SPREAD PROSPERITY ACROSS APPALACHIAN OHIO BY HELPING BUILD THE REGION'S PRIVATE SECTOR BUSINESS ECONOMY AND WORK WITH BANKS AND REVOLVING LOAN FUNDS AS AN ADDITIONAL OR ALTERNATE FUNDING SOURCE FOR SMALL BUSINESS PROJECTS IN OHIO'S APPALACHIAN-DESIGNATED COUNTIES. 0 0 2313121 279293 BUSINESS DEVELOPMENT - APEG, DBA OHIO SOUTHEAST, SERVES AS THE JOBSOHIO REGIONAL PARTNER IN EASTERN AND SOUTHERN OHIO. SINCE 2011, OHIO SOUTHEAST IS THE SINGLE POINT OF ENTRY INTO 25 OF THE 32 APPALACHIAN OHIO COUNTIES FOR JOBSOHIO. THE PURPOSE IS TO DRIVE JOB CREATION AND NEW CAPITAL INVESTMENT IN OHIO THROUGH BUSINESS ATTRACTION, RETENTION, AND EXPANSION EFFORTS. 425306 ACCESS TO CAPITAL FOR SMALL BUSINESS DEVELOPMENT - IN 2017, APPALACHIAN PARTNERSHIP, INC. ESTABLISHED A SINGLE MEMBER LLC SUBSIDIARY, APPALACHIAN GROWTH CAPITAL, TO ADDRESS GAPS IN ACCESS TO CREDIT FOR SMALL BUSINESSES. AGC WAS FORMED TO BECOME A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION AS DEFINED BY THE US DEPT. OF THE TREASURY. 2738427 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 15 0 1 25 1 0 0 0 0 0 0 0 0 0 0 0 0 X 31 28 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X X GLENDA BUMGARNER 7402164449 31480 CHIEFTAIN DR LOGAN OH 43138 ALAN STOCKMEISTER DIRECTOR 1.00 X 0 0 0 AMY KOSCIELAK DIRECTOR 1.00 X 0 0 0 BRYAN STEPP DIRECTOR 1.00 X 0 0 0 CHUCK SULERZYSKI DIRECTOR 1.00 X 0 0 0 CRAIG BUTLER DIRECTOR 1.00 X 0 0 0 DAVID WILLHELM DIRECTOR 1.00 X 0 0 0 DENNIS MINGYAR DIRECTOR 1.00 X 0 0 0 JACK MCCOY DIRECTOR 1.00 X 0 0 0 JAY GOODMAN DIRECTOR 1.00 X 0 0 0 JEANETTE WIERZBICKI DIRECTOR 1.00 X 0 0 0 JEFFERY WODA DIRECTOR 1.00 X 0 0 0 KEN MASON DIRECTOR 1.00 X 0 0 0 LARRY KIDD DIRECTOR 1.00 X 0 0 0 MARJEAN KENNEDY CHAIRPERSON - API & APEG 1.00 X X 0 0 0 MARTY HOHENBERGER DIRECTOR 1.00 X 0 0 0 MATT ABBOTT DIRECTOR 1.00 X 0 0 0 MICHAEL LINTON DIRECTOR 1.00 X 0 0 0 MIKE ARCHER GOVERNANCE 1.00 X X 0 0 0 RYAN KIRKHAM DIRECTOR 1.00 X 0 0 0 SAM SCHUPBACH DIRECTOR 1.00 X 0 0 0 STEVE EVANS SECRETARY 1.00 X X 0 0 0 TAMMY OSBORNE-SMITH DIRECTOR 1.00 X 0 0 0 TOM JOHNSON DIRECTOR 1.00 X 0 0 0 TRACY STEVENS DIRECTOR 1.00 X 0 0 0 ZANE DANIELS DIRECTOR 1.00 X 0 0 0 TERRY SLAYBAUGH DIRECTOR 1.00 X 0 0 0 ALAN STOCKMEISTER DIRECTOR 1.00 X 0 0 0 GLENDA BUMGARNER CEO - API 45.00 X 278790 0 0 MIKE JACOBY CEO - APEG 45.00 X 115695 0 0 KATY FARBER VP - BUSINESS SERVICES 45.00 X 145326 0 0 539811 0 0 3 0 1 0 0 2527511 1993291 4520802 PROG.SERV.REVENUE-RELA 900099 37518 37518 37518 211397 211397 OTHER INCOME 900099 241775 241775 241775 5011492 279293 0 211397 539811 485830 53981 985637 875917 88177 21543 58069 49244 7664 1161 218631 185404 28854 4373 148599 126015 19612 2972 24920 17813 7107 68367 48869 19498 231831 165713 66118 162839 146750 16089 61025 22057 38968 16815 16815 93626 70218 23408 94730 80882 13848 100290 87723 12567 200472 200472 10873 5436 5437 29570 29570 OTHER EXPENSES 340167 170084 170083 3386272 2738427 617796 30049 5266079 4910256 344554 324785 369493 1190946 7494384 8563262 72429 107064 116235 73389 32533 42846 204881 159880 13784353 15299039 580289 567626 51533 0 10159880 10113542 10791702 10681168 X 1309745 2878519 1682906 1739352 2992651 4617871 13784353 15299039 1625220 0 X X 0 1 X 1 0 X 2879722 4197572 3067637 3276141 4520802 17941874 2879722 4197572 3067637 3276141 4520802 17941874 17941874 16587 72050 204286 190048 211397 694368 241775 241775 18878017 271001 0.95040 0.97110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 116235 73389 42846 42846 X PART X, LINE 2: THE PARTNERSHIP IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND THERE IS NOT SUBJECT TO INCOME TAX ON ITS MISSION RELATED ACTIVITIES. THE PARTNERSHIP DOES NOT ENGAGE IN UNRELATED BUSINESS ACTIVITY AND THEREFORE DOES NOT INCUR ANY INCOME TAX. THE PARTNERSHIP HAS ADOPTED THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB), ACCOUNTING STANDARDS CODIFICATION (ASC) RELATING TO UNCERTAIN TAX POSITIONS. THAT PARTNERSHIP DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. X X X X 0 0 0 0 0 0 0 0 0 GLENDA BUMGARNER CEO - API 278790 0 0 0 0 0 0 0 0 0 278790 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 SOME BOARD MEMBERS ARE OFFICERS/OWNERS OF BUSINESSES THAT CONDUCT BUSINESS WITH EACH OTHER IN THE ORDINARY COURSE OF EACH BUSINESS AND ON THE SAME TERMS AS GENERALLY OFFERED TO THE PUBLIC. FORM 990, PART VI, SECTION B, LINE 11B DATA FOR THE PREPARATION OF FORM 990 IS PROVIDED TO OUR TAX FIRM. THE FORM 990 DRAFT IS REVIEWED INTERNALLY BY MANAGEMENT FOR ACCURACTY OF DETAIL PRIOR TO BOARD REVIEW DURING A BOARD MEETING. ONCE APPROVED BY THE BOARD, THE TAX FIRM SIGNS THE FORM 990 AND ELECTRONICALLY FILES WITH THE IRS. THE ENTIRES BOARD RECIEVES A COPY OF THE FILED FORM 990. FORM 990, PART VI, SECTION B, LINE 12C API'S ANNUAL DISCLOSURE QUESTIONNAIRE IS PROVIDED TO EACH EMPLOYEE, BOARD MEMBER, AND VOLUNTEER/INTERN, TO COMPLETE. COMPLETED QUESTIONNAIRES ARE ANALYZED FOR POTENTIAL CONFLICTS OF INTEREST. REPORTABLE TRANSACTIONS ARE REPORTED ON FORM 990. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PACKAGES OF THE ORGANIZATION'S OFFICCERS IS DETERMINED THROUGH A PROCESS THAT INCLUDES REVIEW AND APPROVAL BY INDEPENDENT BOARD MEMBERS. COMPARABLE DATA FROM SIMILAR ORGANIATIONS IS USED TO ASSESS THE INITIAL COMPENSATION LEVELS AND PERFORMANCE REVIEWS ARE USED TO EVALUATE CHANGES. THE DECISIONS MADE BY THE ORGANIZATION ARE DOCUMENTED IN MEETING MINUTES/PERSONNEL FILES. THE INITIAL COMPENSATION PACKAGE FOR THE PRESIDENT/CEO WAS COMPILED BY AN EXECUTIVE SEARCH FRIM, WITH THE BOARD APPROVING THE RECOMMENDATIONS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND VIA ANOTHER'S WEBSITE, GUIDESTAR.ORG FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C OVERSEES THE REVIEW OF THE AUDITED FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THE PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. APPALACHIAN PARTNERSHIP FOR ECONOMIC GROWTH PO BOX 456 NELSONVILLE OH 45764 GROWTH OF ECONOMIC DEVELOPMENT AND EDUCATIONAL SERVICES OF APPALACHIAN OHIO OH APPALACHIAN PARTNERSHIP INC APPALACHIAN GROWTH CAPITAL PO BOX 456 NELSONVILLE OH 46810 FUNDING SOURCES FOR SMALL BUSINESS PROJECTS IN OHIO'S APPALACHIAN COUNTIES OH APPALACHIAN PARTNERSHIP INC