TO EXERCISE ANY AND ALL RIGHTS OF OWNERSHIP WITH RESPECT TO REAL PROPERTY AND PERSONAL PROPERTY IN CONNECTION THEREWITH FOR THE BENEFIT OF THE UNIVERSITY, INCLUDING TO ACQUIRE, OWN, DEVELOP, LEASE, FINANCE, MANAGE, OPERATE, SELL, AND TRANSFER PROPERTY. TO DO ANY AND ALL OTHER ACTS AND THINGS THAT ARE CONSISTENT WITH THE PURPOSES ABOVE AND THAT MAY BE DEEMED DESIRABLE OR EXPEDIENT FOR THE BENEFIT OF THE UNIVERSITY, ITS PROGRAMS, AND ITS FACULTY, STAFF AND STUDENTS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$94.0M
+0.5% YoY
Revenue
$9.6M
+8.2% YoY
Net Investment Income
$248K
+37.1% YoY
Expenses
$7.2M
-31.3% YoY
About Appalachian Real Estate Development
Based on IRS filings
Appalachian Real Estate Development is a nonprofit organization focused on Housing & Shelter, based in BOONE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $94.0M in total assets. Net investment income was $248K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $93,971,383 | $93,486,656 | $99,024,525 |
| Revenue | $9,554,888 | $8,834,099 | $6,456,684 |
| Expenses | $7,174,777 | $10,440,577 | $5,799,935 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $248,290 | $181,138 | $22,087 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES J BROWN | PRESIDENT | 1 | — |
| DAVID T JAMISON | DIRECTOR | 1 | — |
| MATTHEW C DULL | SECRETARY & TREASURER | 7 | — |
| SCOTT K LAMPE | DIRECTOR | 1 | — |
| JAMES M BARNES | CHAIR | 1 | — |
| FAIRLEY BELL COOK | VICE CHAIR | 1 | — |
| JOHN E ADAMS | DIRECTOR | 1 | — |
| CANTEY ALEXANDER | DIRECTOR | 1 | — |
| NICK KATERS | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Total Given
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Total Given
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Assets
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The Anne Shuford Mcbryde
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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