CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA
EIN 55-6024192 CHARLESTON, WV
- Revenue 2025
- $5,538,147
- Expenses 2025
- $5,942,994
Program services were 94.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 04
- Classification
- 3000
- Street
- 1116 SMITH ST
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Officers and directors · 2025
As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Mara C Boggs
President and CEO
- Total calculated
- $179,251
- From this org
- $175,138
- From related orgs
- $0
- Other
- $4,113
- Hours/week
- 40 + 5 related
Schedule J breakdown matched by us
- Base
- $175,138
- Bonus
- $0
- Other
- $0
- Deferred
- $4,038
- Nontaxable benefits
- $75
- Filer's total
- $179,251
-
Debra S James
CFO
- Total calculated
- $148,484
- From this org
- $124,004
- From related orgs
- $0
- Other
- $24,480
- Hours/week
- 40 + 5 related
-
Ellen S Cappellanti
Chair
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Diane Strong
Vice Chair
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Ben Thomas
Secretary
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jack Rossi
Treasurer
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kristen Anderson
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Bryan Brown
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Nancy Bruns
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Ericke Cage
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Steven Collins
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kensie Hamilton Fauber
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jake Glance
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
David P Ferretti
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Scott Geotz
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Michael Holtsclaw
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Bethany Kinder
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Adam R Krason
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mike McCown
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Candace Nelson
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dan Owen
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
C Anthony Parker
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Marcus Phillips
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Martin Roth
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Andrew Robey
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
The first 25 listed. 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 — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2025
- Revenue
- $5,538,147
- Expenses
- $5,942,994
- Contributions
- $4,389,883
- Grants paid
- $4,063,097
-
2024
- Revenue
- $2,702,121
- Expenses
- $1,932,206
- Contributions
- $1,403,481
- Grants paid
- $210,800
-
2023
- Revenue
- $2,339,307
- Expenses
- $1,822,315
- Contributions
- $1,012,883
- Grants paid
- $71,798
-
2022
- Revenue
- $3,509,217
- Expenses
- $1,481,168
- Contributions
- $2,553,464
- Grants paid
- $29,500
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Grants made
-
West Virginia University Foundation
$2,829,347
2025 Net present value of 5 year pledge of support for Ascend West Virginia Charleston Area Remote Work Location
-
West Virginia Department of Tourism
$1,000,000
2025 Contribution to Air Services Agreement
-
TC Energy
$50,000
2024 Economic development grant to assist with development of and relocation to new office building in downtown Charleston
-
$25,000
2025 BID contribution Hearts of Our Neighborhood Trash Bin Project
Grants received
-
$2,260,000
2025 Support of small business incubator operated by a non-profit related organization, and funding for other economic development initiatives which will encourage workforce relocation into the community and facilitate community revitalization.
-
$177,188
2024 Support of small business incubator in a federally designated HUBZone
-
$177,188
2022 Support of business incubator
-
$20,000
2023 Support of Small Business Incubator in a federally designated HUBZone
-
$7,000
2023 Event Sponsorship
-
2024 Support
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2025 return
-
501(c)(3) · Economic Development · WV · controlled entity
-
Interregional Chamber of Commerce Inc
501(c)(6) · Business League · WV · controlled entity
Declared as related by
-
On its 2025 return
-
On its 2023 return
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.