Coalfield Development Corporation

Grantmaker Wayne, WV EIN: 26-3836207

Coalfield Development Corporation is a public charity based in Wayne, West Virginia, formed in 2008. Its stated mission is to address generational poverty in rural communities affected by extractive mono-economies, including through employment-based social enterprises and professional, personal, and academic development for people facing barriers to employment.

Key facts about Coalfield Development Corporation

In short: Coalfield Development Corporation gave $836K across 14 grants in 2024 (avg $60K), mostly in West Virginia. Source: 2024 IRS Form 990 filing.

EIN
26-3836207
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$836,458
Grants made (2024)
14
Average grant
$59,747
Median grant
$41,250
Total assets
$35,301,312
Primary geography
West Virginia (77% of itemized 2024 grant dollars)

Data from IRS Form 990 filing, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$35.3M

+40.1% YoY

Annual Giving

$836K

-73.6% YoY

Grant Count

14

-51.7% YoY

Avg Grant Size

$60K

-45.4% YoY

How Coalfield Development Corporation gives

  • 93% of 2024 grantees were also funded in 2023. Method
  • Giving grew 159% from 2021 to 2024. Method

Estimate from itemized grant lists in IRS Form 990 filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

Coalfield Development says its social enterprises are intended to diversify the regional economy and reduce dependence on coal. Its filing describes work that includes training unemployed people, supporting crew members through paid employment and education, and developing projects in sustainable and regenerative agriculture, clean energy, deconstruction and reuse, and mine-land reclamation. The filing also describes mixed-use, mixed-income community projects and efforts to build employer and nonprofit partnerships.

The 2024 grants show support for a range of organizations. Marshall University Research Corporation describes its mission as charitable education and scientific research. Economic Development Greater East says it cultivates the Greater East’s economic edge through education, entrepreneurship, and innovation in land-based and creative industries, tourism, and the trades. Step by Step Inc. describes work in southern West Virginia involving dialogue, education and the arts, wellness, local leadership, resources, and service. Unlimited Future Inc. says it works to remove barriers to successful business opportunities. New Vision Renewable Energy Inc. describes community development through housing, workforce training, mentorship, and leadership development. Renewall Inc. says it supports historic preservation, neighborhood commercial district revitalization, and small business owners and entrepreneurs. Rural Action Inc. describes its mission as building a more just economy through environmentally, socially, and economically sustainable development.

Grantmaking

In 2024, Coalfield Development reported 14 grants totaling $836,458. Grant sizes ranged from $5,594 to $212,582, with a median grant of $41,250.

Grant Range

s ranged from $5,594 to $212,582, with a median grant of $41,250.

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Geographic Focus

Where this funder awards grants

Coalfield Development is based in West Virginia. Of its 2024 grant dollars, 77% went to recipients in West Virginia, 20% to recipients in North Carolina, and 3% to recipients in Ohio.

Grant Distribution by State

7states

Share of all 14 itemized 2024 grant dollars.

Cities

HuntingtonCharlestonMorgantownThe PlainsVallscreekAshlandBooneDuffieldHillsboroPhilippiAshevilleAthensBarboursvilleBereaKenovaLavaletteMatewanShephardstownBeckleyEugene

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M3 grants202014 grants202124 grants202229 grants202314 grants2024

From 2020 to 2024, annual grant giving ranged from $231K (2020) to $3.2M (2023). In 2024 it made 14 grants totaling $836K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Marshall University Research Corp: $213KMarshall University ResearchCorp$213KAppalachain Voices: $167KAppalachain Voices$167KEconomic Development Greater East: $83KEconomic Development GreaterEast$83KGeneration WV: $80KGeneration WV$80KStep by Step Inc: $73KStep by Step Inc$73KUnlimited Future Inc: $62KUnlimited Future Inc$62KNew Vision Renewable Energy: $53KNew Vision Renewable Energy$53KStepping Stones: $30KStepping Stones$30KOhio University: $20KOhio University$20KRenewall Inc: $15KRenewall Inc$15K

The largest 2024 recipient was Marshall University Research Corp ($213K). Together the top 10 received $794K.

Grant Size Distribution

84 grants across all recorded years

49<$50K20$50–100K11$100–250K2$250–500K2$500K–1M$1–5M$5M+

The most common grant size was under $50K: 49 grants of 84 (58%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Marshall University Research Corp Huntington, WV—$212,582
Appalachain Voices Boone, NC—$166,999
Economic Development Greater East Vallscreek, WV—$82,500
Generation WV Charleston, WV—$80,000
Step by Step Inc Charleston, WV—$72,500
Unlimited Future Inc Huntington, WV—$62,283
New Vision Renewable Energy Philippi, WV—$52,500
Stepping Stones Lavalette, WV—$30,000
Ohio University Athens, OH—$20,000
Renewall Inc Huntington, WV—$15,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants reported
2024 $35,301,312 $23,383,753 $16,197,276 $836,458
2023 $25,191,570 $11,631,513 $13,129,703 $3,173,835
2022 $24,532,193 $14,692,090 $7,254,683 $1,180,488

The 2024 grant total covered 14 grants; the 2023 total covered 29, and the 2022 total covered 24.

Revenue
Expenses
Net Investment Income
$0$10M$20M$30M20202021202220232024
Metric202420232022
Total Assets$35,301,312$25,191,570$24,532,193
Revenue$23,383,753$11,631,513$14,692,090
Expenses$16,197,276$13,129,703$7,254,683
Qualifying Distributions———
Net Investment Income$170,916$56,277$-34,636
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Kenzie New-Walker as chair, Joetta Hatfield as vice chair, Chase Thomas as secretary, and Ric MacDowell as treasurer. It lists Phil Granchi, Andrew Dawson, Tommy Adkins, Marilyn McClure-Demers, Clifton Moore, and Ashley Pack as members.

Coalfield Development Corporation is led by Jacob I. Hannah, CEO on the 2024 filing; 5 of 16 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Jacob I. Hannah

    CEO

    New on the 2024 filing

    40 hrs/week

    $101K (2024)

  • Larry Castle

    President Em

    President → President Em, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kenzie New-Walker

    Chair

    Member → Chair, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Brandon M. Dennison

    Executive Di

    Executive Director → Chief Executive Officer, 2021

    Chief Executive Officer → Executive Di, 2022

    On filings since 2020

    40 hrs/week

    $95K (2020) → $86K (2024)

  • Marilyn Wrenn

    Chief Development

    Chief Development Officer → Chief Development, 2022

    On filings since 2020

    40 hrs/week

    $64K (2020) → $85K (2024)

  • Ryan C. Stoner

    Chief Operat

    Chief Operating Officer → Chief Operat, 2022

    On filings since 2020

    40 hrs/week

    $62K (2020) → $69K (2024)

  • Sam Sarcone

    CFO

    Chief Financial Officer → CFO, 2022

    On filings since 2020

    40 hrs/week

    $61K (2020) → $86K (2024)

  • Andrew Dawson

    Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Chase Thomas

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Joetta Hatfield

    Vice Chair

    Vice President → Vice Chair, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Marilyn McClure-Demers

    Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ric Macdowell

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Tommy Adkins

    Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Phil Granchi

    Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Ashley Pack

    Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Clifton Moore

    Member

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Mitzie Russell (2020–2023) — Member
  • Former: Kelli Johnson (2022–2023) — Member
  • Former: Carter Stewart (2020–2021) — Member

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Jacob I Hannah — CEO: $101KJacob I HannahCEO$101KBrandon M Dennison — Executive Di: $86KBrandon M DennisonExecutive Di$86KSam Sarcone — CFO: $86KSam SarconeCFO$86KMarilyn Wrenn — Chief Develo: $85KMarilyn WrennChief Develo$85KRyan C Stoner — Chief Operat: $69KRyan C StonerChief Operat$69K

The highest reported compensation on the 2024 filing was $101K, to Jacob I Hannah (CEO). 5 officers or directors reported compensation on that filing.

Contact

Mailing address: PO Box 1133, Wayne, WV 25570
Phone: (304) 501-4755

Frequently asked questions about Coalfield Development Corporation

How much does Coalfield Development Corporation give each year?

Coalfield Development Corporation gave $836K across 14 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $3.2M across 29 grants.

What is Coalfield Development Corporation's typical grant size?

Coalfield Development Corporation's median grant in 2024 was $41,250, and its average grant was $59,747, across 14 grants on its 2024 IRS Form 990 filing.

Where does Coalfield Development Corporation give grants?

Coalfield Development Corporation gives mostly in West Virginia: 77% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The next largest state was North Carolina (20%). The most frequent recipient cities were Huntington, WV (3 grants) and Charleston, WV (3 grants).

Who are Coalfield Development Corporation's largest grantees?

Coalfield Development Corporation's largest 2024 grantees include Marshall University Research Corp ($212,582), Appalachain Voices ($166,999) and Economic Development Greater East ($82,500), according to its 2024 IRS Form 990 filing. Together they received 55% of its itemized 2024 grant dollars.

How large is Coalfield Development Corporation?

Coalfield Development Corporation reported $35.3M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $23.4M.

What does Coalfield Development Corporation fund?

Coalfield Development says its social enterprises are intended to diversify the regional economy and reduce dependence on coal. See mission & focus areas ↑

How do I apply for a grant from Coalfield Development Corporation?

In 2024, Coalfield Development reported 14 grants totaling $836,458. Grant sizes ranged from $5,594 to $212,582, with a median grant of $41,250.

What is Coalfield Development Corporation's EIN?

Coalfield Development Corporation's EIN (Employer Identification Number) is 26-3836207. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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