MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC

MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC

Berea, KY, US
501(c)3
EIN
31-0900246

MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC

Berea, KY, US
501(c)3
EIN
31-0900246

Income Statement

Fiscal Year Start:
May 1
Revenues in 2025

$6,960,560

Contributions
42%
Government Grants
30%
Program Services
28%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2025

$6,933,941

Salaries & Benefits
52%
Fees to Service Providers
16%
Grants
15%
Other
10%
Interest
4%
Offices, Occupancy & IT
2%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$5,159,141
$2,890,472
-44%
Government Grants
$1,582,563
$2,075,968
+31%
Fundraising Events
$0
$0
-
Program Services
$1,285,432
$1,948,394
+52%
Membership Dues
$0
$0
-
Investments
$67,497
$45,726
-32%
Other
$0
$0
-
Total Revenues
$8,094,633
$6,960,560
-14%
Expenses
2024
2025
Change
Grants
$765,191
$1,009,655
+32%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,853,313
$3,628,431
+27%
Fees to Service Providers
$932,350
$1,128,889
+21%
Advertising & Promotion
$15,081
$15,045
0%
Offices, Occupancy & IT
$170,750
$157,068
-8%
Interest
$245,316
$243,912
-1%
Depreciation
$42,390
$42,362
0%
Other
$428,434
$708,579
+65%
Total Expenses
$5,452,825
$6,933,941
+27%
Net income
2024
2025
Change
Net income
+$2,641,808
+$26,619
-99%
Functional Expenses
Summary
2024
2025
Change
Program
$4,090,374
$5,230,355
+28%
Admin
$1,162,055
$1,478,601
+27%
Fundraising
$200,396
$224,985
+12%
Total Expenses
$5,452,825
$6,933,941
+27%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)