APPALACHIAN PARTNERSHIP INC
PO BOX 456, NELSONVILLE, OH 45764 www.apeg.com

Total Revenue
$2,923,827
Total Expenses
$2,965,886
Net Assets
$1,397,688

Organizations Filed Purposes: TO FOSTER ENDURING, WIDELY SHARED PROSPERITY ACROSS APPALACHIAN OHIO BY HELPING BUILD THE REGIONS PRIVATE SECTOR BUSINESS ECONOMY AND WORK WITH BANKS AND REVOLVING LOAN FUNDS AS AN ADDITIONAL OR ALTERNATE FUNDING SOURCE FOR SMALL BUISNESS PROJECTS IN OHIO'S APPALACHIAN-DESIGNATED COUNTIES.

BUSINESS DEVELOPMENT - APEG, DBA OHIO SOUTHEAST, SERVES AS THE JOBSOHIO REGIONAL PARTNER IN EASTERN AND SOUTHERN OHIO. SINCE 2011, OHIO SOUTHEAST IS THE SINGLE POINT OF ENTRY INTO 25 OF THE 32 APPALACHIAN OHIO COUNTIES FOR JOBSOHIO. THE PURPOSE IS TO DRIVE JOB CREATION AND NEW CAPITAL INVESTMENT IN OHIO THROUGH BUSINESS ATTRACTION, RETENTION, AND EXPANSION EFFORTS.

INDUSTRY CLUSTER IMPROVEMENT - IN 2019, APPALACHIAN PARTNERSHIP INC. COMPLETED YEAR 4 OF A 5 YEAR RENEWABLE SBA REGIONAL INNOCATION CLUSTER (RIC) CONTRACT AND BEGAN YEAR 5. IMPLEMENTATIONS AND PROGRAM METRICS FOR YEAR 4 ENDED 9/17/2019 INCLUDE, IMPLEMENTATION OF DATABASE FOR SUPPLY CHAIN AND TECHNICAL ASSISTANCE TO COMPANIES IN THE WOOD INDUSTRY CLUSTERS.

3.) ACCESS TO CAPITAL FOR SMALL BUSINESS DEVELOPMENT - IN 2017, APPALACHIAN PARTNERSHIP, INC. ESTABLISHED A SINGLE MEMBER LLC SUBSIDIARY, APPALACHIAN GROWTH CAPITAL, TO ADDRESS GAPS IN ACCESS TO CREDIT FOR SMALL BUSINESSES. AGC WAS FORMED TO BECOME A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION AS DEFINED BY THE US DEPT. OF THE TREASURY AND WILL APPLY FOR CERTIFICATION WHEN IT MEETS ORGANIZATIONAL AND LENDING PREREQUISITES ESTABLISHED BY TREASURY'S CDFI FUND (CERTIFICATION ANTICIPATED IN 2020). DURING 2019, AGC'S EFFORTS FOCUSED IN LENDING AND CLIENT TECHNICAL SUPPORT.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
John MolinaroCEO - API45$205,167
Mike JacobyCEO - APEG45$193,762
Katy FarberVP - BUSINESS DEVELOPMENT45$136,453
Jeff EastDIRECTOR1$0
Lolly RavakDIRECTOR1$0
Matt CybulskiDIRECTOR1$0
Tom CrawfordDIRECTOR1$0
Bryan SteppDIRECTOR1$0
Sara Mars-MaxfieldSECRETARY1$0
Zane DanielsDIRECTOR1$0
David LedonneTREASURER1$0
Kevin KingDIRECTOR1$0
Marjean KennedyCHAIRPERSON1$0
Jay GoodmanDIRECTOR1$0
Stephanie GilbertDIRECTOR1$0
Todd CoverDIRECTOR1$0
Todd BrownDIRECTOR1$0
Mike ArcherDIRECTOR1$0
Greg AdamsDIRECTOR1$0
Bob MillerDIRECTOR1$0
Matthew P ElliDIRECTOR1$0
Mark JamesDIRECTOR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023119349300432_public.xml