South Carolina · Nonprofit
APPALACHIAN DEVELOPMENT CORPORATION
APPALACHIAN DEVELOPMENT CORPORATION (South Carolina) receives grants from 1 organization whose IRS filings report $150,000 to it, the largest being APPALACHIAN COMMUNITY CAPITAL CORPORATION ($150,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $905k
- Funders on record
- 1
- Grants received
- $150k
- Net assets
- $6.4M
What Appalachian Development Corporation does
Mission
Adc is a nonprofit organization formed to further the economic development of south carolina by providing multiple financing options to qualified small businesses.
As stated on its FY2025 Form 990.
Programs
Adc is a certified development company authorized by the small business administration in the state of south carolina to facilitate sba 504 loans. The sba 504 loan offers long-term, fixed rate subordinate financing for acquisition and/or renovation of capital assets including land, buildings and equipment, as well as eligible soft costs such as architect, engineering, and environmental fees. Projects are financed in partnership with financial institutions who obtain a senior position on the project assets.
$337,159 spent$578,684 earned by the program51% of program spendingAdc is a sub-recipient of grant funds awarded to the south carolina appalachian council of governments (scacog) by the appalachian regional commission (arc). Adc is responsible for the following two grants: the arc revolving loan fund and the arc entrepreneurial initiative revolving loan fund.
$246,283 spent$257,534 earned by the program38% of program spendingAdc participates in the u.s. Department of agriculture ("usda") intermediary relending program ("irp").
$53,431 spent$27,483 earned by the program8% of program spendingAdc is a sub-recipient of a grant awarded to the south carolina appalachian council of governments (scacog) by the south carolina budget and control board through the federal match program. Adc is responsible for one grant: the state of south carolina revolving loan fund.
$18,582 spent$20,685 earned by the program3% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $655,455.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $8.6M to $8.4M (−2%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 13%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of APPALACHIAN DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
APPALACHIAN DEVELOPMENT CORPORATION draws 100% of its grant income from funders outside South Carolina, across 1 state in all.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like APPALACHIAN DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In South Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
77% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for APPALACHIAN DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds APPALACHIAN DEVELOPMENT CORPORATION?
- APPALACHIAN DEVELOPMENT CORPORATION (South Carolina) receives grants from 1 organization whose IRS filings report $150,000 to it, the largest being APPALACHIAN COMMUNITY CAPITAL CORPORATION ($150,000). 0 of them have funded it in more than one year.
- How many funders does APPALACHIAN DEVELOPMENT CORPORATION have?
- IRS filings report 1 organization giving $150,000 in grants to APPALACHIAN DEVELOPMENT CORPORATION.
- Who is the largest funder of APPALACHIAN DEVELOPMENT CORPORATION?
- APPALACHIAN COMMUNITY CAPITAL CORPORATION is the largest funder on record, with $150,000 in grants. The full list of funders is on this page.
- How can an organization like APPALACHIAN DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in South Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Appalachian Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing