Coalfield Development Corporation FY2020 filing

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Inspiring the courage to grow, activating the creativity to innovate, and cultivating communities of opportunity in central appalachia through three core capabilities:employment-based social enterprise, community-based revitalization, and Development for people facing barriers to employment.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 26-3836207) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$282K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $3.4M a year · 27% of revenue · last 5 filings
A surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
88% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$282K
to officers and key staff · 7% of spending
Pay to officers and key staff is 7% of spending.
Part VII, Section A
4.8 mo
of spending, in cash
4.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $62K
3 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$3.0M
27% of total assets
Liabilities are 27% of assets.
Pt X · Ln 26
Independent board members
10
of 10 voting members
10 of 10 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$6.3M
Spent
$4.1M
To programs
88%
Net assets
$8.4M
By yearFY2020–FY2024
Revenue
$6.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$6.3M
FY2021$7.1M
FY2022$14.7M
FY2023$11.6M
FY2024$23.4M
Expenses
$4.1M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$4.1M
FY2021$5.4M
FY2022$7.3M
FY2023$13.1M
FY2024$16.2M
Net assets
$8.4M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$8.4M
FY2021$10.1M
FY2022$17.5M
FY2023$16.1M
FY2024$23.3M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $3.6M Management & general 10% · $416K Fundraising 2% · $77K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $282K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$94,673Pt VII · Sec A
Chief Development Officer
$63,672Pt VII · Sec A
Chief Operating Officer
$62,313Pt VII · Sec A
Chief Financial Officer
$61,248Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Jacob I Hannah’s $101K as CEO is at the 4th percentile of top reported officer pay among 676 $10–100M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Brandon M Dennison$86,413$145,500$105,588——
Jacob I Hannah$100,921————
Marilyn Wrenn$85,123$96,235$73,302$72,834$63,672
Brandon Dennison———$89,391$94,673
Sam Sarcone$86,037$92,943$70,137$72,267$61,248
Ryan C Stoner$69,351$74,972$65,887$67,578$62,313

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Coalfield Development Corporation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowering people in Central Appalachia through job training, community revitalization, and social enterprises.

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2 programs · $3.6M · in their own filed words · FY2020
01

Providing 18-30 year old wayne county residents with job opportunities and training to increase economic self-sufficiency

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 26-3836207) · Dispute this line
$2.2Mprogram expense
02

Assisting low income individuals to find affordable, safe and quality housing

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 26-3836207) · Dispute this line
$1.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
RedfFY2025$50K
Total grants receivedfrom 3 funders$62K
See all 3 funders →
Grants paid · 84 grants · $5.7M · 2020–2024
Appalachain VoicesFY2024$166,999
Generation West Virginia INCWV · FY2024$80,000
Step by Step INCWV · FY2024$72,500
Stepping Stones INCWV · FY2024$30,000
Ohio UniversityOH · FY2024$20,000
Renewall INCWV · FY2024$15,000
Barbara Lavalley BentonFY2024$9,000
Rural Action INCOH · FY2024$5,594
Solar HollerFY2023$500,000
Invest Appalachia INCNC · FY2023$500,000
Rural Action INCOH · FY2023$225,732
See all 84 grants →

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Dec 2025 · $9.6M federal money spent
Covid-19 Economic Adjustment AssistanceDepartment of Commerce · ALN 11.307 · Direct and through Generation West Virginia, INC. and 1 more$4.6M
Rural Rental Housing LoansDepartment of Agriculture · ALN 10.415 · Direct$1.4M
Appalachian Area DevelopmentAppalachian Regional Commission · ALN 23.002 · Direct and through Appalachian Sustainable Development$729K
Coronavirus State and Local Fiscal Recovery FundsDepartment of the Treasury · ALN 21.027 · Through City of Huntington, WV$519K
Workforce Investment Act (wia) Dislocated Worker National Reserve Demonstration GrantsDepartment of Labor · ALN 17.280 · Direct and through Randolph County Housing Authority and 1 more$505K

Plus 20 smaller programs.

The auditor reported: a material weakness in money controls.

Year ending Dec 2024 · $9.7M federal money spent
Coronavirus Economic Adjustment AssistanceDepartment of Commerce · ALN 11.307 · Direct and through Generation West Virginia, INC. and 1 more$5.2M
Rural Rental Housing LoansDepartment of Agriculture · ALN 10.415 · Direct$1.4M
Workforce Investment Act (wia) Dislocated Worker National Reserve Demonstration GrantsDepartment of Labor · ALN 17.280 · Direct and through Randolph County Housing Authority$1.0M
Home Investment Partnerships ProgramDepartment of Housing and Urban Development · ALN 14.239 · Through City of Huntington, WV$481K
Appalachian Area DevelopmentAppalachian Regional Commission · ALN 23.002 · Direct and through High Rocks Educational Corporation and 2 more$346K

Plus 15 smaller programs.

The auditor reported: a material weakness in money controls.

Year ending Dec 2023 · $8.2M federal money spent
Economic Adjustment AssistanceDepartment of Commerce · ALN 11.307 · Direct$3.7M
Rural Rental Housing LoansDepartment of Agriculture · ALN 10.415 · Direct$1.3M
Appalachian Area DevelopmentAppalachian Regional Commission · ALN 23.002 · Direct and through High Rocks Educational Corporation and 2 more$1.3M
Coronavirus State and Local Fiscal Recovery FundsDepartment of the Treasury · ALN 21.027 · Through City of Huntington, WV$418K
Community Services Block Grant_discretionary AwardsDepartment of Health and Human Services · ALN 93.570 · Direct$306K

Plus 15 smaller programs.

The auditor reported: a material weakness in money controls.

Year ending Dec 2022 · $4.3M federal money spent
Rural Rental Housing LoansDepartment of Agriculture · ALN 10.415 · Direct$1.3M
Appalachian Area DevelopmentAppalachian Regional Commission · ALN 23.002 · Direct and through High Rocks Educational Corporation and 1 more$730K
Economic Adjustment AssistanceDepartment of Commerce · ALN 11.307 · Direct and through Generation West Virginia, INC.$527K
Workforce Investment Act (wia) Dislocated Worker National Reserve Demonstration GrantsDepartment of Labor · ALN 17.280 · Direct$430K
Brownfields Assessment and Cleanup Cooperative AgreementsEnvironmental Protection Agency · ALN 66.818 · Direct$292K

Plus 16 smaller programs.

The auditor reported: a weakness in money controls.

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$6.3M
Ln 12
Gifts and grantsLn 1h$5.9M
Fees for servicesLn 2g$385K
Other incomeLn 4–11$11K
Money outPt IX
$4.1M
Ln 25
Programscol B$3.6M
Managementcol C$416K
Fundraisingcol D$77K
Owns and owesPt X
$8.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.6M
Total assetsLn 16$11.4M
LiabilitiesLn 26$3.0M
PeoplePt VI, VII
14
listed · VII A
PaidVII A4
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.9M
Government grantsLn 1e$1.8M
Fees for servicesLn 2g$385K
Investment incomeLn 3$6K
Other incomeLn 4–11$11K
Gains on assetsLn 7$11K
Total revenueLn 12$6.3M
Assets in detailPt X, end of year
CashLn 1$464K
SavingsLn 2$1.2M
Cash and savings togetherLn 1–2$1.6M
Pledges and grants receivableLn 3$1.1M
Accounts receivableLn 4$18K
Notes and loans receivableLn 7$65K
Prepaid expenses and deferred chargesLn 9$24K
Land, buildings, equipmentLn 10c$8.4M
InvestmentsLn 11–13$102K
Other assetsLn 15$106K
Total assetsLn 16$11.4M
LiabilitiesLn 26$3.0M
Net assetsLn 32$8.4M
OperationsPt I, VI
EmployeesI 5110
VolunteersI 6100
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.0M$1.6M
InvestmentsLn 11–13$102K
Land, buildings, equipmentLn 10c$7.2M$8.4M
Total assetsLn 16$9.3M$11.4M
LiabilitiesLn 26$3.8M$3.0M
Net assetsLn 32$5.5M$8.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$278K$278K
Pay of officers and key staff (Part IX, line 5)Ln 5$298K$296K$2K$832
Other salaries and wagesLn 7$1.1M$869K$156K$31K
Pension plan contributionsLn 8$2K$2K$233$47
Other employee benefitsLn 9$564K$483K$68K$14K
Payroll taxesLn 10$181K$156K$21K$4K
Legal feesLn 11b$755$755$0$0
Accounting feesLn 11c$44K$0$44K$0
Professional fundraising feesLn 11e$16K$16K
Other fees for servicesLn 11g$429K$394K$35K$0
Advertising and promotionLn 12$58K$45K$11K$2K
OccupancyLn 16$208K$202K$5K$837
TravelLn 17$33K$28K$4K$798
InterestLn 20$84K$78K$6K$0
Depreciation, depletion and amortizationLn 22$259K$240K$16K$3K
InsuranceLn 23$114K$89K$21K$4K
Other expenses (24a–d)Ln 24$239K$215K$22K$989
All other expensesLn 24e$206K$200K$6K$0
Total functional expensesLn 25$4.1M$3.6M$416K$77K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 11, 2025 $23.4M$16.2M$7.2M$23.3M 990 PDF
FY2023Filed with the IRS Nov 12, 2024 $11.6M$13.1M−$1.5M$16.1M 990 PDF
FY2022Filed with the IRS Nov 14, 2023 $14.7M$7.3M$7.4M$17.5M 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $7.1M$5.4M$1.8M$10.1M 990 PDF
FY2020 ViewingFiled with the IRS Nov 15, 2021 $6.3M$4.1M$2.2M$8.4M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $6,316,554 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,008,024$5,914,346
I-9 Program service revenuePrior year $693,619$384,694
I-10 Investment incomePrior year $1,283$17,514
I-11 Other revenue$0
I-12 Total revenuePrior year $5,702,926$6,316,554
I-13 Grants and similar amounts paidPrior year $121,191$277,705
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,981,145$2,101,345
I-16a Professional fundraising fees$15,713
I-17 Other expensesPrior year $2,233,690$1,673,764
I-18 Total expensesPrior year $4,336,026$4,068,527
I-19 Revenue less expensesPrior year $1,366,900$2,248,027
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,316,554 across 7 lines filed
VIII-1e Government grants$1,774,164
VIII-1f All other contributions, gifts and grants$4,140,182
VIII-1h Total contributions, gifts and grants$5,914,346
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$384,694
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $6,259$6,259
VIII-7 Net gain or loss on sales of assetsRelated to mission $11,255 · Unrelated business $0 · Excluded from tax $0$11,255
VIII-12 Total revenueRelated to mission $395,949 · Unrelated business $0 · Excluded from tax $6,259$6,316,554
Part IX · Statement of functional expenses $4,068,527 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $277,705$277,705
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $295,878 · Management $1,571 · Fundraising $832$298,281
IX-7 Other salaries and wagesPrograms $869,408 · Management $155,550 · Fundraising $30,621$1,055,579
IX-8 Pension plan contributionsPrograms $1,705 · Management $233 · Fundraising $47$1,985
IX-9 Other employee benefitsPrograms $482,664 · Management $68,097 · Fundraising $13,590$564,351
IX-10 Payroll taxesPrograms $155,626 · Management $21,269 · Fundraising $4,254$181,149
IX-11b Legal feesPrograms $755 · Management $0 · Fundraising $0$755
IX-11c Accounting feesPrograms $0 · Management $43,585 · Fundraising $0$43,585
IX-11e Professional fundraising feesFundraising $15,713$15,713
IX-11g Other fees for servicesPrograms $393,733 · Management $34,981 · Fundraising $0$428,714
IX-12 Advertising and promotionPrograms $45,287 · Management $10,797 · Fundraising $2,159$58,243
IX-16 OccupancyPrograms $202,395 · Management $4,968 · Fundraising $837$208,200
IX-17 TravelPrograms $27,911 · Management $3,989 · Fundraising $798$32,698
IX-20 InterestPrograms $78,478 · Management $5,996 · Fundraising $0$84,474
IX-22 Depreciation, depletion and amortizationPrograms $239,515 · Management $15,846 · Fundraising $3,169$258,530
IX-23 InsurancePrograms $89,049 · Management $20,777 · Fundraising $4,156$113,982
IX-24 Other expenses (24a–d)Programs $215,318 · Management $22,290 · Fundraising $989$238,597
IX-24e All other expensesPrograms $199,673 · Management $6,313 · Fundraising $0$205,986
IX-25 Total functional expensesPrograms $3,575,100 · Management $416,262 · Fundraising $77,165$4,068,527
Part X · Balance sheet $11,386,447 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $927,065$463,631
X-2 Savings and temporary cash investmentsStart of year $100,458$1,172,749
X-3 Pledges and grants receivableStart of year $904,151$1,076,023
X-4 Accounts receivableStart of year $27,930$18,125
X-7 Notes and loans receivableStart of year $61,244$65,410
X-8 Inventories for sale or useStart of year $1,306$0
X-9 Prepaid expenses and deferred chargesStart of year $18,278$23,648
X-10c Land, buildings and equipment, netStart of year $7,205,302$8,358,506
X-13 Program-related investments$102,420
X-14 Intangible assetsStart of year $69,373$0
X-15 Other assets$105,935
X-16 Total assetsStart of year $9,315,107$11,386,447
X-17 Accounts payable and accrued expensesStart of year $361,832$391,353
X-19 Deferred revenueStart of year $897,888$171,068
X-23 Secured mortgages and notes payableStart of year $2,572,368$2,468,869
X-26 Total liabilitiesStart of year $3,832,088$3,031,290
X-27 Net assets without donor restrictionsStart of year $5,483,019$6,422,068
X-28 Net assets with donor restrictions$1,933,089
X-32 Total net assets or fund balancesStart of year $5,483,019$8,355,157
X-33 Total liabilities and net assetsStart of year $9,315,107$11,386,447
Part XI · Reconciliation of net assets $8,355,157 net assets at year end
XI-1 Total revenue$6,316,554
XI-2 Total expenses$4,068,527
XI-3 Revenue less expenses$2,248,027
XI-4 Net assets at start of year$5,483,019
XI-8 Prior period adjustments$624,111
XI-10 Net assets at end of year$8,355,157

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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