Totals
- Total revenue
- $136,324
- Total expenses
- $122,744
- Contributions and grants received
- $127,489
- Grants paid
- $26,660
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $8,835
- Total assets, end of year
- $544,795
- Total liabilities, end of year
- $520,327
- Net assets or fund balances, end of year
- $24,468
- Program services expenses (Part IX)
- $98,531
- Management and general expenses
- $24,213
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $98,531
Program services were 80.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$32,000
-
1f · All other contributions, gifts and grants
$95,489
-
6a · Gross rents
real property $48,033
-
6b · Less rental expenses
real property $50,433
-
6c · Rental income or loss
real property -$2,400
-
6d · Net rental income or loss
total -$2,400 · related or exempt -$2,400
-
8a · Fundraising events: gross income
$31,874
-
8b · Fundraising events: direct expenses
$20,639
-
8c · Net income from fundraising events
total $11,235 · excluded $11,235
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $26,660 · program services $26,660
-
7 · Other salaries and wages
total $44,535 · program services $40,327 · management and general $4,208
-
10 · Payroll taxes
total $10,234 · program services $9,267 · management and general $967
-
11a · Fees: management
total $2,121 · management and general $2,121
-
11c · Fees: accounting
total $6,280 · management and general $6,280
-
12 · Advertising and promotion
total $9,452 · program services $9,452
-
13 · Office expenses
total $7,430 · management and general $7,430
-
16 · Occupancy
total $4,826 · program services $3,861 · management and general $965
-
19 · Conferences, conventions and meetings
total $1,411 · program services $1,129 · management and general $282
-
20 · Interest
total $28 · program services $22 · management and general $6
-
22 · Depreciation, depletion and amortization
total $925 · program services $740 · management and general $185
-
23 · Insurance
total $7,098 · program services $5,678 · management and general $1,420
-
24a · Other expenses: REPAIRS AND MAINTENANCE
total $713 · program services $570 · management and general $143
-
24b · Other expenses: MISCELLANEOUS
total $622 · program services $497 · management and general $125
-
24c · Other expenses: DUES & SUBSCRIPTIONS
total $372 · program services $298 · management and general $74
-
24d · Other expenses: TAXES AND LICENSES
total $37 · program services $30 · management and general $7
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $58,897 · end of year $73,296
-
10a · Land, buildings and equipment: cost or other basis
$624,560
-
10b · Land, buildings and equipment: accumulated depreciation
$153,061
-
10c · Land, buildings and equipment, net
beginning of year $485,116 · end of year $471,499
-
17 · Accounts payable and accrued expenses
beginning of year $1,458 · end of year $2,781
-
24 · Unsecured notes and loans payable
beginning of year $531,667 · end of year $517,546
-
27 · Net assets without donor restrictions
beginning of year -$14,112 · end of year $6,068
-
28 · Net assets with donor restrictions
beginning of year $25,000 · end of year $18,400
Mission and programs · 2022
Mission
TO STIMULATE ECONOMIC DEVELOPMENT IN FAIRMONT, WEST VIRGINIA WITHIN THE CONTEXT OF HISTORIC PRESERVATION THROUGH ORGANIZATION (ENCOURAGING COOPERATION AND BUILDING LEADERSHIP IN THE BUSINESS COMMUNITY), PROMOTION (CREATING A POSITIVE IMAGE FOR DOWNTOWN), DESIGN (IMPROVING THE APPEARANCE OF DOWNTOWN), AND ECONOMIC VITALITY (CREATING A BALANCED BUSINESS MIX AND EXPLORING NEW MARKET NICHES).
Activities or mission (Part I)
ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES TO STIMULATE ECONOMIC DEVELOPMENT IN FAIRMONT, WEST VIRGINIA WITHIN THE CONTEXT OF HISTORIC PRESERVATION THROUGH ORGANIZATION (ENCOURAGING COOPERATION AND BUILDING LEADERSHIP IN THE BUSINESS COMMUNITY), DESIGN (IMPROVING THE APPEARANCE OF DOWNTOWN FAIRMONT), AND ECONOMIC VITALITY (CREATING A BALANCED BUSINESS MIX AND EXPORING NEW MARKET NICHES).
-
PROMOTION OF HISTORIC DOWNTOWN FAIRMONT, SPONSORSHIP OF WORKSHOPS AND SEMINARS, BUSINESS RECRUITMENT, AND PUBLIC IMPROVEMENTS
Expenses $98,531 · Grants $26,660
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
ALEX PETRY
EXECUTIVE DI
- Total calculated
- $1,875
- From this org
- $1,875
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
DONNA BLOOD
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
LAURA CANDELL
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
EVAN CHAPMAN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JAMES KANE
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 2
-
BRUCE MCDANIEL
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
BRAD MERRIFIELD
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JEFF MERRIFIELD
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
NANCY SECURRO
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
TINA SHAW
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
SHARON SWEARINGEN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
KARA THOMAS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
BRETT WHITE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
AARON YANUZO
PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$26,660
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202432229349301913
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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