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Filing year 2023

APPALACHIAN DEVELOPMENT CORPORATION

Greenville, South Carolina·EIN 57-0735286·4
Total revenue
$843k
Total assets
$8.4M
Total expenses
$711k
Reported officers
13
Mission

ADC IS A NONPROFIT ORGANIZATION FORMED TO FURTHER THE ECONOMIC DEVELOPMENT OF SOUTH CAROLINA BY PROVIDING MULTIPLE FINANCING OPTIONS TO QUALIFIED SMALL BUSINESSES.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
$211k
$231k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Up 6%
from 2022

From $198k in 2022 to $211k in 2023.

$198k
2022
$211k
2023
In today's dollarsEst.
Up 2% in real terms$226k to $231k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

APPALACHIAN DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$784k
$698k
2022
$843k
$711k
2023
Total revenue and total expenses from IRS Form 990 filings.
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