Capital Area Development Corporation Of West Virginia
CHARLESTON, WV
Total revenue
$2.7M
Total expenses
$1.9M
Net assets
$8.2M
Grants received
$604K
8 grants
EIN
556024192
Tax year
2024
Mission
Capital Area Development Corporation of West Virginia dba Charleston Area Alliance serves as a catalyst for change for Charleston, Kanawha County, and the surrounding area, leading with innovative and collaborative approaches to shape a prosperous economy that fosters growth and attracts people and investment. We are a community and economic development organization that connects businesses, entrepreneurs and young talent with the resources needed to succeed. Our strategic plan will stimulate job creation, attract new industries, bolster the region's economic resilience, and support energetic and effective local efforts to renew our capital city as strong and vibrant.
Programs
3 programs
Operation of Business Incubator - Program supports entrepreneurial and small business development. Goals include: increasing awareness of the incubator as an available resource for entrepreneurs in the local area; providing low cost office space for entrepreneurs and start-ups; linking tenant entrepreneurs to available consulting services; providing central location for small business referrals to partners and support systems; increased visibility for entrepreneurs through networking and professional development opportunities.
Community Development - We work diligently to increase our natural and built assets through sustainable redevelopment initiatives. Goals include: stimulating new housing growth in downtown Charleston, developing a formal structure for downtown management and marketing, enhancing our downtown promotional efforts, creating community anchors in the urban core, supporting arts and culture throughout Kanawha County, supporting small businesses with targeted grant opportunities. Our collaborative programs assist with the revitalization of small rural communities, build strong communities and enhance the quality of life in the greater Charleston area.
Other program services include benefits and opportunities provided to member businesses such as: networking, professional development, referrals and communication.
Financials
FY 2024
Revenue
Expenses
People
40 listed
Debra S James
CFO
$138K
40 hrs/wk
Mara C Boggs
President and CEO from 10/01/24
$65K
40 hrs/wk
Nicole Christian
President and CEO - former
$60K
40 hrs/wk
Tessa M White
Secretary
—
1 hrs/wk
Matthew Bond
Treasurer
—
1 hrs/wk
Kristen Anderson
Director
—
1 hrs/wk
Nancy Bruns
Director
—
1 hrs/wk
Robert Burton
Director
—
1 hrs/wk
Ericke Cage
Director
—
1 hrs/wk
Sandy Call
Director
—
1 hrs/wk
Steven Collins
Director
—
1 hrs/wk
Kensie Hamilton Fauber
Director
—
1 hrs/wk
David P Ferretti
Director
—
1 hrs/wk
Scott Geotz
Director
—
1 hrs/wk
John Hebert
Director
—
1 hrs/wk
Michael Holtsclaw
Director
—
1 hrs/wk
Mike McCown
Director
—
1 hrs/wk
Chris Morris
Director
—
1 hrs/wk
Evan Osborn
Director
—
1 hrs/wk
C Anthony Parker
Director
—
1 hrs/wk
Marcus Phillips
Director
—
1 hrs/wk
Jack Rossi
Director
—
1 hrs/wk
Martin Roth
Director
—
1 hrs/wk
Jeff Sandene
Director
—
1 hrs/wk
John Scalzo
Director
—
1 hrs/wk
Lyle Smith
Director
—
1 hrs/wk
Patrick Smith
Director
—
1 hrs/wk
Diana Sole
Director
—
1 hrs/wk
Aaron Sporck
Director
—
1 hrs/wk
Diane Strong-Treister
Director
—
1 hrs/wk
Ben Thomas
Director
—
1 hrs/wk
Bob Welch
Director
—
1 hrs/wk
Ron Butlin
Ex-Officio Director
—
1 hrs/wk
Mayor Amy Goodwin
Ex-Officio Director
—
1 hrs/wk
Mayor Frank A Mullens
Ex-Officio Director
—
1 hrs/wk
Dominique Ranieri
Ex-Officio Director
—
1 hrs/wk
Jack W Nuckols
Ex-Officio Director
—
1 hrs/wk
Commissioner Marc Slotnick
Ex-Officio Director
—
1 hrs/wk
Adam R Krason
Chair
—
3 hrs/wk
Ellen S Cappellanti
Vice Chair
—
1 hrs/wk
Grants received
Showing 8 of 8
Funded by
$604K from 3 funders · 8 grants · 2020–2024
$580K · 4 grants · 2020–2024
$17K · 3 grants · 2020–2023
$7K · 1 grant · 2024