Overview

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Est.

2018

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

APPALACHIAN OPPORTUNITY FUND is a housing rehabilitation nonprofit serving Northeast Tennessee, Southeast Kentucky, and Southwest Virginia, with a mission to improve the financial health of asset-limited, income-constrained people, expand affordable housing for low-to-moderate income households, and combat poverty and community deterioration. In filing year 2024, it operated on a $413K budget and reported $374.6K in total revenue, with major support from EAST TENNESSEE FOUNDATION and UNITED WAY OF EAST TENNESSEE HIGHLANDS INC.

Mission Statement

TO IMPROVE FINANCIAL HEALTH OF ASSET-LIMITED, INCOME-CONSTRAINED PEOPLE IN NORTHEAST TENNESSEE, SOUTHEAST KENTUCKY, AND SOUTHWEST VIRGINIA; TO ENSURE AVAILABILITY AND DEVELOPMENT OF AFFORDABLE HOUSING TO LOW-TO-MODERATE INCOME HOUSEHOLDS IN NORTHEAST TENNESSEE, SOUTHEAST KENTUCKY, AND SOUTHWEST VIRGINIA; AND TO ALLEVIATE POVERTY AND COMBAT COMMUNITY DETERIORATION IN NORTHEAST TENNESSEE, SOUTHEAST KENTUCKY, AND SOUTHWEST VIRGINIA.
Revenues
$374.6K
Expenses
$413K
Net Income:
-$38.4K
Assets
$103.2K
Liabilities
$0
Net Assets:
+$103.2K
Operating Budget
$413K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$19.5K
Largest grant received
$19.5K
V
Victoria Hewlett
Board Member
C
Chad Covert
Board Member
J
Jessica Edmisten
Board Member
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Frequently Asked Questions

What is APPALACHIAN OPPORTUNITY FUND’s budget?
In 2024, APPALACHIAN OPPORTUNITY FUND reported an annual operating budget of around $413 thousand. More detailed financial information is available to registered users.
What causes does APPALACHIAN OPPORTUNITY FUND support?
APPALACHIAN OPPORTUNITY FUND supports work in Housing rehabilitation.
Where does APPALACHIAN OPPORTUNITY FUND operate?
APPALACHIAN OPPORTUNITY FUND is headquartered in Johnson City, TN.
Who funded APPALACHIAN OPPORTUNITY FUND recently?
In 2025, APPALACHIAN OPPORTUNITY FUND received grants from UNITED WAY OF EAST TENNESSEE HIGHLANDS INC, UNITED WAY OF EAST TENNESSEE HIGHLANDS INC, and UNITED WAY OF EAST TENNESSEE HIGHLANDS INC. More information on this organization’s funders is available to registered users.
What is the largest grant APPALACHIAN OPPORTUNITY FUND received in 2024?
The largest grant to APPALACHIAN OPPORTUNITY FUND in 2024 exceeds $20 thousand.
What is APPALACHIAN OPPORTUNITY FUND’s reliance on government grants?
APPALACHIAN OPPORTUNITY FUND relied on government grants for more than 55% of their total revenue in 2024.