APPALACHIAN OPPORTUNITY FUND

APPALACHIAN OPPORTUNITY FUND

Johnson City, TN, US
501(c)3
EIN
83-0920796

APPALACHIAN OPPORTUNITY FUND

Johnson City, TN, US
501(c)3
EIN
83-0920796

Overview

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Est.

2018

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Appalachian Opportunity Fund is a nonprofit organization dedicated to improving the financial health of asset-limited, income-constrained individuals in Northeast Tennessee, Southeast Kentucky, and Southwest Virginia. With an operating budget of $413,000 and total revenue of $374.6 million, the organization focuses on housing rehabilitation and the development of affordable housing for low-to-moderate income households in its service area, while also working to alleviate poverty and combat community deterioration. The organization does not rely on a single funder for 50% or more of its revenue.

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

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.
Overview
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