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
76 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
17 people listed on the 990; $410K paid to officers and key staff.
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
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| 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.
Questions for Coalfield Development Corporation
Your first name shows with your question. Coalfield Development Corporation answers here, for everyone.
Community and Economic Development
Coalfield development trains unemployed people in modern workforce skills. Throughout the year, we facilitate dozens of learning opportunitites for community members. Our network of employers ensures our training is relevant to their needs.
Workforce Development
We wholly or partially own a family of employment- based social enterprises designed to diversify the regional economy to be less dependent on coal. By "employment-based" we mean enterprises that exist for the purpose of advancing the well-being of its emplyees, which we do primarily through our personal and academic development…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Federal money
Plus 20 smaller programs.
The auditor reported: a material weakness in money controls.
Plus 15 smaller programs.
The auditor reported: a material weakness in money controls.
Plus 15 smaller programs.
The auditor reported: a material weakness in money controls.
Plus 16 smaller programs.
The auditor reported: a weakness in money controls.
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $10.3M | $4.4M |
| InvestmentsLn 11–13 | $481K | $408K |
| Land, buildings, equipmentLn 10c | $11.2M | $14.4M |
| Total assetsLn 16 | $24.5M | $25.2M |
| LiabilitiesLn 26 | $7.0M | $9.1M |
| Net assetsLn 32 | $17.5M | $16.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $3.4M | $3.4M | ||
| Pay of current officers, directors and key staffLn 5 | $452K | $311K | $125K | $16K |
| Other salaries and wagesLn 7 | $4.1M | $2.8M | $1.1M | $146K |
| Other employee benefitsLn 9 | $233K | $160K | $64K | $8K |
| Payroll taxesLn 10 | $388K | $267K | $107K | $14K |
| Legal feesLn 11b | $25K | $20K | $5K | |
| Accounting feesLn 11c | $78K | $78K | ||
| Other fees for servicesLn 11g | $1.3M | $759K | $496K | $28K |
| Advertising and promotionLn 12 | $166K | $71K | $94K | |
| OccupancyLn 16 | $543K | $198K | $345K | |
| TravelLn 17 | $413K | $312K | $99K | $1K |
| InterestLn 20 | $143K | $44K | $98K | |
| Depreciation, depletion and amortizationLn 22 | $485K | $485K | ||
| InsuranceLn 23 | $123K | $46K | $77K | |
| Other expenses (24a–d)Ln 24 | $1.2M | $980K | $188K | $10 |
| All other expensesLn 24e | $110K | $75K | $35K | |
| Total functional expensesLn 25 | $13.1M | $10.0M | $2.9M | $214K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Nov 11, 2025 | $23.4M | $16.2M | $7.2M | $23.3M | 990 PDF |
| FY2023 ViewingFiled 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 |
| FY2020Filed with the IRS Nov 15, 2021 | $6.3M | $4.1M | $2.2M | $8.4M | 990 PDF |
Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $11,631,513 revenue, 12 lines filed
Part VI · Governance 12 of 12 board members independent, no flags
Part VIII · Statement of revenue $11,631,513 across 7 lines filed
Part IX · Statement of functional expenses $13,129,703 across 16 lines filed
Part X · Balance sheet $25,191,570 assets, 20 lines filed
Part XI · Reconciliation of net assets $16,051,726 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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