NonprofitsCentral Appalachian Rural Investment Corporation

Community Improvement

Central Appalachian Rural Investment Corporation

LONDON, KY

Total revenue

$304K

Total expenses

$304K

Net assets

$173K

Grants received

EIN

204780639

Tax year

2024

Mission

The organization is the sole member of eclipse management, llc (ein: 20-3676183) which serves as the general partner of meritus ventures, lp. Meritus ventures, lp is certified as a rural business investment company (rbic) by the rural business investment program (rbip). As general partner, eclipse management, llc will provide investment advisory services to meritus ventures, lp to insure program related cohesive and prudent investments in the appalachian corridor.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$304K
Investment income
Other revenue
Total revenue$304K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$304K
Total expenses$304K
Total assets$544K
Net assets$173K

People

4 listed

NameRoleCompensation

GRADY VANDERHOOFVEN

VICE-PRESIDENT

Board

$573K

1 hrs/wk

BRENDA MCDANIEL

TREASURER

Board

$476K

1 hrs/wk

L RAY MONCRIEF

DIRECTOR

Board

$90K

1 hrs/wk

THOMAS ROGERS

DIRECTOR

Board

1 hrs/wk

Independent contractors

KENTUCKY HIGHLANDS INVESTMENT CORP

LOW INCOME COMMUNITY INVESTMENT ADVISORY

$167K

MERITUS CAPITAL MANAGEMENT LLC

LOW INCOME COMMUNITY INVESTMENT ADVISORY

$137K

Details

EIN204780639
NTEE codeS193
Subsection03
Ruling date2007-05
Formed2004
Employees0
Volunteers0
CENTRAL APPALACHIAN RURAL INVESTMENT CORPORATION — Mission, Financials & Grants Received | Grantivo