Appalachian Community Capital Corporation
Public records raise at least one point you should look into before giving.
What it says it does
APPALACHIAN COMMUNITY CAPITAL'S (ACC) MISSION IS TO INCREASE SMALL BUSINESS LENDING BY PROVIDING APPALACHIAN MEMBER INSTITUTIONS THAT SERVE UNDERSERVED PEOPLE AND COMMUNITIES WITH NEW SOURCES OF CAPITAL. OUR WORK ENABLES RELIABLE AND SUFFICIENT CAPITAL FOR ALL OF ITS MEMBERS, LEADING TO A GROWING ECONOMY, INCREASED ENTREPRENEURSHIP, HIGHER QUALITY JOBS, AND INCREASED LOCAL WEALTH IN THE APPALACHIAN REGION.
- Income
- $6.2 million
- Spending
- $6.0 million
- Employees
- 4
- Volunteers
- 7
- Highest pay
- $382,965, president & ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $4.8 million spent. APPALACHIAN COMMUNITY CAPITAL (ACC) ENJOYED ANOTHER IMPACTFUL YEAR IN 2024, LEADING INNOVATIVE INITIATIVES AND BRINGING SIGNIFICANT NEW CAPITAL TO THE REGION. THE DESCRIPTION BELOW HIGHLIGHTS MAJOR ACHIEVEMENTS THAT OCCURRED IN 2024. ACC CAPITAL RAISING ACTIVITY FOR CDFIS AND SMALL BUSINESSESAS A WHOLESALE COMMUNITY DEVELOPMENT LENDER, ACC AGGREGATES CAPITAL AND PASSES THE CAPITAL TO ITS MEMBERS (NUMBERING 41 AT THE END OF 2024).. ACC RAISED $9M IN DEBT CAPITAL AND FUNDED $8.75M IN NEW LOANS DURING 2024, AN AVERAGE DEPLOYMENT AMOUNT. CDFI BORROWERS FINANCED 20 SMALL BUSINESSES, WHICH USED THE LOANS FOR WORKING CAPITAL, TO BUY EQUIPMENT, AND TO EXPAND THEIR BUSINESS, TO NAME A FEW USES. AS WITH CAPITAL IT RECEIVES FROM OTHER SOURCES, CDFI MEMBERS LEVERAGE ACC CAPITAL TO ATTRACT ADDITIONAL INVESTMENTS FOR UNDERSERVED COMMUNITIES IN ITS FOOTPRINT. SINCE IT BEGAN LENDING IN 2015, ACC HAS RAISED AND DEPLOYED OVER $50 MILLION TO MEMBERS. IN ADDITION , IT HAS OBTAINED $80M IN GRANTS ($3.3M ACQUIRED IN 2024).DEVELOPMENT SERVICES IN 2024, BASED ON SURVEY RESULTS FROM MEMBERS, ACC OFFERED BUSINESS LENDING TRAINING, INTRODUCTORY CDFI COURSES, ALTERNATIVE ENERGY FINANCING TRAINING, AND SMALL BUSINESS LENDING DATA ANALYSES FOR MEMBERS WHO ARE PURSUING PRACTICES THAT WILL HAVE GREATER IMPACT FOR THEIR SMALL BUSINESS CUSTOMERS AND BUILD THE ORGANIZATIONS' CAPACITY. CLOSE TO 100 STAFF FROM REGIONAL CDFIS ATTENDED THESE SESSIONS.CLEAN COMMUNITIES INVESTMENT ACCELERATOR ON APRIL 4, UNDER THE PREVIOUS ADMINISTRATION, THE U.S. ENVIRONMENTAL PROTECTION AGENCY (EPA) ANNOUNCED THAT ACC WAS ONE OF EIGHT RECIPIENTS OF ITS GREENHOUSE GAS REDUCTION FUND GRANTS. ACC WAS SELECTED FOR A $500 MILLION AWARD FOR ITS WHOLLY-OWNED SUBSIDIARY, THE GREEN BANK FOR RURAL AMERICA, UNDER THE CLEAN COMMUNITIES INVESTMENT ACCELERATOR PROGRAM.ACC INTENDED TO USE THE AWARD TO 1) CATALYZE RENEWABLE ENERGY INVESTMENTS IN HARD-HIT COMMUNITIES IN APPALACHIA AND IN RURAL COMMUNITIES ON OTHER PARTS OF THE COUNTRY, 2) LEVERAGE PRIVATE CAPITAL TO FINANCE AN ANTICIPATED $2.25 BILLION IN 2,750 RENEWABLE ENERGY PROJECTS, 3) CREATE 18,000 QUALITY JOBS, 4) REDUCE ENERGY GENERATION FROM CARBON-BASED SOURCES BY 1.4M MWH ANNUALLY, AND 5) REDUCE CARBON EMISSIONS BY 12M TONS ANNUALLY.IN MARCH 2025, THE NEW EPA ADMINISTRATOR ANNOUNCED THE AGENCY'S INTENT TO CANCEL THE $20B IN CONTRACTS AWARDED TO THE EIGHT ORGANIZATIONS. ALL GRANTS WERE FROZEN, AND THE COURTS ARE NOW REVIEWING EPA'S EFFORTS. OPPORTUNITY APPALACHIA OPPORTUNITY APPALACHIA (OA) PROVIDES ACCESS TO TECHNICAL ASSISTANCE AND SUPPORTS CAPITAL RAISE ACTIVITIES FOR PROJECTS IN CENTRAL APPALACHIA. THE TARGET GEOGRAPHY INCLUDES APPALACHIAN COMMUNITIES IN KY, NC, OH, TN, VA, AND WV. IN 2024, 27 PROJECTS WERE AWARDED $1.9 MILLION IN TECHNICAL ASSISTANCE FUNDING FOR PRE-DEVELOPMENT ON A DIVERSE ARRAY OF DEVELOPMENTS.ALSO IN NOVEMBER 2024, OPPORTUNITY APPALACHIA HOSTED A LOCAL DEVELOPERS FORUM WITH OVER 60 ATTENDEES - MAINLY CURRENT AND FORMER OA PROJECT SPONSORS - WHO ENGAGED IN DISCUSSIONS ABOUT HOW SUCCESSFUL PROJECTS ARE CREATED, ORGANIZED, FINANCED, AND DELIVERED. THE EVENT WAS ORGANIZED AND CURATED IN COLLABORATION WITH BUILDING SMALL, WHICH HOSTS FORUMS AROUND THE COUNTRY FOCUSED ON SMALL-SCALE DEVELOPMENT.HURRICANE HELENE AND DISASTER RELIEFTO SUPPORT VERY SMALL BUSINESSES IN WESTERN NORTH CAROLINA THAT SUSTAINED PHYSICAL DAMAGE FROM HURRICANE HELENE IN SEPTEMBER 2024, ACC AND THE DOGWOOD HEALTH TRUST LAUNCHED THE WESTERN NORTH CAROLINA SMALL BUSINESS INITIATIVE TO PROVIDE RELIEF GRANTS OF UP TO $25,000. ACC WORKED WITH ACC MEMBER COMMUNITY REINVESTMENT FUND AND NC CDFI PARTNERS AND BY THE END OF THE YEAR HAD DISBURSED OVER $5,935,000 MILLION TO 281 TO SMALL BUSINESSES. ADDITIONAL FUNDING SUPPORT FROM THE STATE OF NORTH CAROLINA, THE DUKE ENDOWMENT, THE FORD FOUNDATION, AND THE SILICON VALLEY COMMUNITY FOUNDATION FOLLOWED.CUMULATIVELY, FUNDING TOTALED OVER $55M, WITH ACC POISED TO DISBURSE ALL THE FUNDS IN THE FIRST QUARTER OF 2025.DATA ANALYTICS HUB ACC CONTINUES TO LEAD THE APPALACHIAN COMMUNITY CAPITAL DATA HUB, A CUSTOMIZED PLATFORM DESIGNED TO SUPPORT CDFIS THROUGH REAL-TIME MAPPING, MARKET INSIGHTS, AND LEAD GENERATION TOOLS. SINCE LAUNCHING IN AUGUST 2022, ACC HAS ADVANCED THE DEVELOPMENT OF A CENTRALIZED DATA INFRASTRUCTURE DESIGNED TO STRENGTHEN CLIMATE-ALIGNED INVESTMENT AND FINANCIAL INCLUSION ACROSS THE APPALACHIAN REGION. IN 2024, THE DATA HUB TEAM WORKED CLOSELY WITH THE GREEN BANK FOR RURAL AMERICA TO LEAD DEVELOPMENT OF A NATIONAL MAPPING TOOL, EXPANDING THE HUB'S FUNCTIONALITY TO REACH SMALL BUSINESSES ACROSS ALL 50 STATES IN COLLABORATION WITH FUNDING PARTNERS MASTERCARD CENTER FOR INCLUSIVE GROWTH, JP MORGAN CHASE, IN IDENTIFYING AND DEPLOYING CAPITAL IN HIGH-IMPACT, UNDERSERVED COMMUNITIES, WHILE REINFORCING CLIMATE RESILIENCE AND DATA TRANSPARENCY.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(4) social welfare organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(4) social welfare organization as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.