2025-10-14T07:50:01-05:00 2024-12-31 540504608 BROWN EDWARDS & COMPANY LLP 3906 ELECTRIC ROAD ROANOKE VA 24018 990 2024-01-01 462827486 APPALACHIAN COMMUNITY CAPITAL DEVELOPMENT FOUNDATION APPA 2025475155 110 PEPPERS FERRY ROAD NW CHRISTIANSBURG VA 24073 DONNA GAMBRELL PRESIDENT & CEO 5402603503 2025-09-29 1 1 PATRICK PITTMAN P00587461 5403450936 2025-09-24 2024 2025-03-06 01:10:19Z DONNA GAMBRELL 110 PEPPERS FERRY ROAD NW CHRISTIANSBURG VA 24073 6090540 0 X WWW.APPALACHIANCOMMUNITYCAPITALCDFI.ORG X 2013 VA TO INCREASE SMALL BUSINESS LENDING BY PROVIDING APPALACHIAN MEMBER INSTITUTIONS THAT SERVE UNDERSERVED PEOPLE AND COMMUNITIES WITH NEW SOURCES OF CAPITAL. 8 7 0 7 0 0 6500 5945740 0 0 0 0 0 144800 6500 6090540 0 0 0 0 0 0 0 0 0 10008 6055725 10008 6055725 -3508 34815 273759 18336441 266667 18294534 7092 41907 X TO INCREASE SMALL BUSINESS LENDING BY PROVIDING APPALACHIAN MEMBER INSTITUTIONS THAT SERVE UNDERSERVED PEOPLE AND COMMUNITIES WITH NEW SOURCES OF CAPITAL. 0 0 6050367 144800 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. 6050367 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X DONNA GAMBRELL 5402603503 110 PEPPERS FERRY ROAD NW CHRISTIANSBURG VA 24073 DONNA GAMBRELL PRESIDENT & CEO 1.00 40.00 X X 0 382965 0 CLINTON B GWIN CHAIR 1.50 3.00 X X 0 0 0 MARTEN JENKINS TREASURER 1.50 3.00 X X 0 0 0 NEIL S WRIGHT SECRETARY 1.50 3.00 X X 0 0 0 RAYMOND CHRISTMAN DIRECTOR 1.50 3.00 X 0 0 0 CLYDE CORNETT DIRECTOR 1.50 3.00 X 0 0 0 GRACE FRICKS DIRECTOR 1.50 3.00 X 0 0 0 MATT RAKER DIRECTOR 1.50 3.00 X 0 0 0 JULIA PARKER CHIEF LENDING OFFICER 1.00 40.00 X 0 167200 10737 0 550165 10737 0 0 1 1 0 5945740 5945740 FISCAL AGENT ADMIN FEE 900099 144800 144800 144800 6090540 144800 0 0 2335 1985 350 33268 28278 4990 PASS-THROUGH GRANTS 6020000 6020000 DUES AND MEMBERSHIPS 122 104 18 6055725 6050367 5358 0 7092 17822107 266667 133334 381000 273759 18336441 266667 1297074 16997460 266667 18294534 X 7092 41907 7092 41907 273759 18336441 34815 0 X X 0 1 X 1 0 X X 1 APPALACHIAN COMMUNITY CAPITAL 462815132 7 1 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 PART IV, SECTION A, LINE 2: THE ORGANIZATION'S SUPPORTED ORGANIZATION, APPALACHIAN COMMUNITY CAPITAL CORPORATION ("ACCC"), IS TAX-EXEMPT UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. ACCC SATISFIES THE PUBLIC SUPPORT TEST UNDER SECTION 509 (A)(2). PART IV, SECTION A, LINE 3B: THE ORGANIZATION CALCULATES THE PUBLIC SUPPORT PERCENTAGE FOR ITS SUPPORTED ORGANIZATION, ACCC, PURSUANT TO SECTION 509(A)(2). A COPY OF THIS CALCULATION IS MAINTAINED BY THE ORGANIZATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 0 0 0 0 0 0 0 DONNA GAMBRELL PRESIDENT & CEO 0 382965 0 0 0 0 0 0 0 0 0 382965 0 0 JULIA PARKER CHIEF LENDING OFFICER 0 167200 0 0 0 0 0 0 0 10737 0 177937 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE COMPLETED 990 WILL BE PROVIDED TO THE BOARD PRIOR TO THE FILING DEADLINE. THE RETURN WILL BE REVIEWED AND SIGNED BY THE PRESIDENT & CEO, WHO IS ENTRUSTED BY THE BOARD FOR HER REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THERE IS A FORMAL QUESTIONNAIRE ANNUALLY TO DISCLOSE ANY CONFLICTS OF INTEREST. THE PROCESS HAS BEEN DESIGNED TO ACCOMMODATE ALL PRESENT CONFLICTS OF INTEREST ISSUES. ANY PERSON WITH A POTENTIAL CONFLICT OF INTEREST RECUSES THEMSELVES FROM ALL DISCUSSION AND/OR VOTE ON THE MATTER IN QUESTION. ADDITIONALLY, LENDING DECISIONS ARE MADE BY INDEPENDENT MEMBERS. FORM 990, PART VI, SECTION B, LINE 15A IN ORDER TO ENSURE REASONABLENESS, COMPENSATION IS BASED ON THE SALARY RANGES FOR ALL COMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS ("CDFI") REPRESENTED, ADJUSTED FOR SIZE AND SCOPE. SALARIES ARE ULTIMATELY DETERMINED BY THE INDEPENDENT BOARD AND ALL DISCUSSIONS ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES TO THE PROCESS FROM THE PRIOR YEAR. APPALACHIAN COMMUNITY CAPITAL CORPORATION 110 PEPPERS FERRY ROAD NW CHRISTIANBURG VA 24073 462815132 AID COMMUNITY/ECONOMIC DEVELOPMENT IN APPALACHIA VA 501(C)(4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0