54 Pageviews Read Stories
Causes: Community Improvement & Capacity Building, Economic Development, Environment, Microfinance, Rural Economic Development
Mission: Maced works with people in eastern kentucky and central appalachia to create economic opportunity, strengthen democracy and support the sustainable use of natural resources.
Programs: Enterprise developmentmaced's enterprise development program helps entrepreneurs and small business owners develop the tools and skills they need to create quality jobs through strong businesses that provide important community services. We provide access to investment capital combined with training and technical assistance to increase their capacity and likelihood of success. At fiscal year end, the combined portfolio of maced and its affiliated nonprofit appalachian investment corporation included 201 loans totaling $18,306,723. In fiscal year 2018 we closed 40 loans, disbursing a total of $5,795,875, of which $2,364,416 went to social enterprises. We helped create or retain 51 jobs, and our staff and contractors provided 3,966 hours of technical assistance.
clean energy servicesmaced's clean energy programs fall under two primary programs, how$martky and energy efficient enterprises. How$martky is a residential energy efficiency program that we run in partnership with distribution cooperatives from the east kentucky power cooperative system, working to create more affordable, comfortable, durable and healthy housing through education, workshops, audits, and help accessing utility programs. Energy efficient enterprises helps businesses, nonprofits, and other enterprises identify how they're using energy and where opportunities for efficiency and cost savings may exist. In fiscal year 2018, we completed 36 retrofits and installations, representing an estimated annual reduction of 22,121 mmbtu in energy usage and $67,970 in annual utility bill savings.
kentucky center for economic policy the kentucky center for economic policy (kcep) provides solid information and grounded analysis about state fiscal and economic policy issues and their impact on low- and moderate-income kentuckians. In fiscal year 2018, we produced 19 briefs and reports and 112 blog posts on kentucky's tax system and state budget, medicaid and health care, need-based college aid, the minimum wage, adult education, k-12 school funding, and other issues. We operated a blog at our website, kypolicy. Org, which produced a stream of analysis and commentary on pressing issues facing the state. Our work was cited in 326 separate media stories, including appearances on a state-wide public affairs show and opinion pieces in kentucky newspapers.
central appalachian networkthe central appalachian network (can) is composed of eight nonprofits that promote sustainable community development in central appalachia. Can's goals include strengthening central appalachia's healthy food sector through value chain development, increasing the capacity of can members and can partners, and engaging in policy change that supports sustainable development. Can members strengthened local food value chains primarily through educational conferences, technical assistance, and small grants. Maced serves as fiscal sponsor for can. Appalachia funders networkthe appalachia funders network (afn) consists of 49 member organizations who believe that their participation in the network is helping to further their mission and deepen their impact. The purpose of afn is to accelerate an equitable appalachian transition by convening and connecting funders for learning, analysis and collaboration. Afn's five working groups aim to build community capacity, leverage resources into the region, advance food and agriculture systems, promote clean energy and protect natural resources, and support a culture of health. Maced serves as fiscal sponsor for afn. Appalachian transition communications & policy and strategic initiativesmaced conducts research and communications around issues and opportunities that relate to driving a just transition to a new economy in central appalachia. Issues we've studied this past year include airbnb in eastern kentucky, cooperatives, and rural health care financing. We produce regular blog posts and field multiple requests for interviews from regional and national news outlets. We continue to help facilitate a strategic partnership among community leaders and groups across the region that will focus on building community capacity. General community developmenthistorically, maced has provided administrative support services to and has maintained a joint employer relationship with several small nonprofits whose mission closely aligns with maced's. Currently maced provides these services to kentucky natural lands trust (knlt). Knlt is a nonprofit conservation organization working to secure funds to protect natural lands and provide for their long-term stewardship.