NonprofitsAdvantage Valley Inc

Advantage Valley Inc

CHARLESTON, WV

Total revenue

$1.2M

Total expenses

$1.2M

Net assets

$16K

Grants received

$303K

2 grants

EIN

550753467

Tax year

2024

Mission

Grow economic opportunity for all residents of the Charleston-Huntington Metro area by increasing investments in the region, leveraging resources and building collaboration among community stakeholders.

Programs

3 programs

Entreprenuerial Development: Advantage Valley supports the startup and expansion of existing businesses by providing business coaching, entrepreneurial training, and access to capital.

Expenses: $407K

Regional Marketing: Advantage Valley seeks to increase private investment in the region by: 1) identifying business expansion projects that will lead to job growth; 2) promoting Opportunity Zone properties and businesses that represent catalytic community revitalization projects; 3) recruiting talent to live and work in the region; and 4) raising awareness about the affordability and livability of the region.

Expenses: $71K

Other program services

Expenses: $37K

Financials

FY 2024

Revenue

Contributions & grants$1.2M
Program service revenue
Investment income$2K
Other revenue
Total revenue$1.2M

Expenses

Grants paid$133K
Salaries & benefits$441K
Fundraising
Other expenses$636K
Total expenses$1.2M
Total assets$1.3M
Net assets$16K

People

44 listed

NameRoleCompensation

Terrell Ellis

President & CEO

Board

$146K

0

Kelley Goes

Partner

Board

1 hrs/wk

Wayne Morgan

Treasurer

Board

1 hrs/wk

Ashley Alford

Affiliate

Board

1 hrs/wk

Toney Stroud

Partner

Board

1 hrs/wk

Morganne Tenney

Partner

Board

1 hrs/wk

Amy Shuler Goodwin

Partner

Board

1 hrs/wk

L Allen Burner

Partner

Board

1 hrs/wk

D Spencer Murphy

Partner

Board

1 hrs/wk

Dave Lieving

Vice President

Board

1 hrs/wk

Rick Atkinson

Partner

Board

1 hrs/wk

Matt Wagner

Partner

Board

1 hrs/wk

Charlotte Weber

Partner

Board

1 hrs/wk

Mark Whitley

Partner

Board

1 hrs/wk

Robert Burton

President

Board

1 hrs/wk

Todd Hooker

Non Voting

Board

1 hrs/wk

John Spoor

Partner

Board

1 hrs/wk

Sean Simon

Partner

Board

1 hrs/wk

John Stump

Secretary

Board

1 hrs/wk

Heather Vanater

Partner

Board

1 hrs/wk

Joe Justice

Partner

Board

1 hrs/wk

John Musgraves

Partner

Board

1 hrs/wk

Steve Williams

Partner

Board

1 hrs/wk

Adam Krason

Partner

Board

1 hrs/wk

Aaron Sporck

Partner

Board

1 hrs/wk

Josh Baker

Partner

Board

1 hrs/wk

Nancy Bruns

Partner

Board

1 hrs/wk

Ericke Cage

Partner

Board

1 hrs/wk

Charles Dusic

Partner

Board

1 hrs/wk

Peter Markham

Partner

Board

1 hrs/wk

Thor Meeks

Partner

Board

1 hrs/wk

Doug Skaff

Partner

Board

1 hrs/wk

Mara Boggs

Partner

Board

1 hrs/wk

Matthew Bond

Partner

Board

1 hrs/wk

James Brydie

Partner

Board

1 hrs/wk

Jim Crenshaw

Partner

Board

1 hrs/wk

Elton Hart

Partner

Board

1 hrs/wk

Ian Henry

Partner

Board

1 hrs/wk

Amy Petry

Partner

Board

1 hrs/wk

Rebecca Polan

Affiliate

Board

1 hrs/wk

Virgil Underwood

Partner

Board

1 hrs/wk

Paul White

Partner

Board

1 hrs/wk

Rocky Young

Partner

Board

1 hrs/wk

Megan Archer

Partner

Board

1 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$248K
WV COMMUNITY AND BUSINESS RESILIENCE INITIATIVE
2024
$55K
WV COMMUNITY AND BUSINESS RESILIENCE INITIATIVE
2023

Funded by

$303K from 1 funder · 2 grants · 2023–2024

West Virginia Community Development Hub

$303K · 2 grants · 2023–2024

Details

EIN550753467
Subsection06
Ruling date1997-06
Formed1996
Employees7
Volunteers45
ADVANTAGE VALLEY INC — Mission, Financials & Grants Received | Grantivo