Civic Intelligence

The Fairmont Community Development Partnership

990 • Fiscal year 2015 • EIN 55-0720311

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

300 Second Street Suite 2Fairmont, WV 26554

(304) 366-7600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.40x

Higher debt load relative to assets than 68% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

92nd percentile

3.54x

Higher debt load relative to revenue than 92% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

51st percentile

2.9%

Higher net margin than 51% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

24th percentile

$53,819

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

18th percentile

-5.7%

Faster asset growth than 18% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

6th percentile

-48%

Faster revenue growth than 6% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Down

$5,833,042

Down $349,448 (-5.7%) from 2014

Net Assets

Up

$3,485,068

Up $19,329 (+0.6%) from 2014

Liabilities

Down

$2,347,974

Down $368,777 (-14%) from 2014

Revenue

Down

$663,929

Down $603,555 (-48%) from 2014

Expenses

Up

$644,600

Up $56,169 (+9.5%) from 2014

Net Income

Down

$19,329

Down $659,724 (-97%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $4,379,007Liabilities 2010: $2,845,039Net Assets 2010: $1,533,9682010Assets 2011: $5,383,567Liabilities 2011: $3,674,571Net Assets 2011: $1,708,9962011Assets 2012: $5,915,849Liabilities 2012: $3,324,857Net Assets 2012: $2,590,9922012Assets 2013: $5,318,874Liabilities 2013: $2,532,188Net Assets 2013: $2,786,6862013Assets 2014: $6,182,490Liabilities 2014: $2,716,751Net Assets 2014: $3,465,7392014Assets 2015: $5,833,042Liabilities 2015: $2,347,974Net Assets 2015: $3,485,0682015Assets 2016: $5,970,689Liabilities 2016: $2,377,684Net Assets 2016: $3,593,0052016Assets 2017: $6,368,391Liabilities 2017: $2,683,408Net Assets 2017: $3,684,9832017Assets 2018: $6,967,110Liabilities 2018: $3,049,699Net Assets 2018: $3,917,4112018Assets 2019: $6,411,319Liabilities 2019: $2,652,529Net Assets 2019: $3,758,7902019Assets 2020: $6,372,962Liabilities 2020: $2,107,069Net Assets 2020: $4,265,8932020

Highlighted filing

2015

Assets$5,833,042
Liabilities$2,347,974
Net Assets$3,485,068

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $827,339Expenses 2010: $629,012Net Income 2010: $198,3272010Revenue 2011: $929,965Expenses 2011: $754,937Net Income 2011: $175,0282011Revenue 2012: $1,597,247Expenses 2012: $715,251Net Income 2012: $881,9962012Revenue 2013: $973,749Expenses 2013: $778,055Net Income 2013: $195,6942013Revenue 2014: $1,267,484Expenses 2014: $588,431Net Income 2014: $679,0532014Revenue 2015: $663,929Expenses 2015: $644,600Net Income 2015: $19,3292015Revenue 2016: $1,128,953Expenses 2016: $855,388Net Income 2016: $273,5652016Revenue 2017: $868,906Expenses 2017: $776,928Net Income 2017: $91,9782017Revenue 2018: $1,019,298Expenses 2018: $786,870Net Income 2018: $232,4282018Revenue 2019: $561,126Expenses 2019: $719,747Net Income 2019: -$158,6212019Revenue 2020: $1,093,127Expenses 2020: $586,024Net Income 2020: $507,1032020

Highlighted filing

2015

Revenue$663,929
Expenses$644,600
Net Income$19,329
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$663,929
Mission and Program Overview

Mission

Revitalizing neighborhoods and providing affordable housing opportunities for low to moderate income households.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,560,156$4,601,918▲ $41,762
Other Notes and Loans Receivable, Net$568,040$538,967▼ $29,073
Pledges and Grants Receivable$278,490--
Cash and Non-Interest-Bearing Accounts$172,250$88,603▼ $83,647
Total Assets$6,182,490$5,833,042▼ $349,448
Other Assets Total$603,554$603,554→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,389,691$2,296,012▼ $93,679
Accounts Payable and Accrued Expenses$40,826$44,018▲ $3,192
Deferred Revenue$286,234$7,944▼ $278,290
Total Liabilities$2,716,751$2,347,974▼ $368,777
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,253,709$2,296,739▲ $43,030
Unrestricted Net Assets$803,038$779,337▼ $23,701
Permanently Rstr Net Assets$408,992$408,992→ $0
Total Net Assets Fund Balance$3,465,739$3,485,068▲ $19,329
Total Liabilities and Net Assets / Fund Balance$6,182,490$5,833,042▼ $349,448

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,088,491$728,718$4,817,209
Land$504,716-$504,716
Equipment$8,711$1,066$9,777
Other Assets Org$603,554--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Andrea SalinaExecutive DirectorFT$53,819$53,819

Board Members and Trustees

NameTitle
Ned LuthyPresident
Tracy EvansVice President
Belinda BiaforeMember
Cliff JacksonMember
Regina RileyMember
Rob LingerMember
Susan RiffleMember
Debbie SwisherSecretary
Brian ChenowethTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$296,470
Program Service Revenue
$0
Investment Income
$12,956
Other Revenue
$354,503
All Other Contributions
$1,000
Change in Net Assets
$19,329

Audited Revenue Reconciliation

Revenue per Audited Statements
$663,849
Revenue Not Reported on Financial Statements
$80
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$80
Total Revenue per Audited Statements
$663,849
Total Revenue per Form 990
$663,929
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$491,323
Salaries, Compensation, and Employee Benefits$153,277
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$143,221--$143,221
Other Salaries and Wages$86,756--$86,756
Interest$76,819--$76,819
Current Officers, Directors, Trustees, and Key Employees$53,819--$53,819
Fees for Services Other$17,380--$17,380
Office Expenses$15,920--$15,920
Insurance$13,507--$13,507
Payroll Taxes$10,748--$10,748
Occupancy$10,500--$10,500
Fees for Services Accounting$8,118--$8,118
Other Expenses$8,042--$8,042
All Other Expenses$6,621--$6,621
Advertising$3,280--$3,280
Fees for Services Legal$2,492--$2,492
Travel$2,167--$2,167
Pension Plan Contributions$1,954--$1,954
Total Functional Expenses$644,600$0$0$644,600

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$644,600
Expenses per Audited Statements$644,520
Total Expenses per Audited Statements$644,520
Expenses Not Reported on Financial Statements$80
Other Expense Adjustments$80
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The form 990 is prepared by the cpa firm that also performs the annual audit of the organziation's financial statements. The form 990 is reviewed by the executive director and the development manager before signing the return.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Fairmont Community Development
EIN
55-0720311
Phone
3043667600
Address
300 SECOND STREET SUITE 2, FAIRMONT, WV 26554

Signing Officer

Name
Andrea Salina
Title
Executive Director
Phone
3043667600
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrea Salina
Formed
1991
Legal Domicile
Wv
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
0

Preparer

Firm
Conley CPA Group Pllc
Address
2857 WHITE HALL BOULEVARD, FAIRMONT, WV 26554
Preparer
Jennifer K Wade CPA
Phone
3043662270
Supplemental Narrative

Additional Explanations

Part XII, Line 2

The organization has not changed its oversight process or its selection process from the prior year.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

OTHER ITEMS 80.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

OTHER ITEMS 80.

Raw XML AppendixShowing 400 of 428 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt013035
IRS990/PYOtherExpensesAmt0429882
IRS990/PYOtherRevenueAmt0313572
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0679053
IRS990/PYSalariesCompEmpBnftPaidAmt0158549
IRS990/PYTotalExpensesAmt0588431
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01267484
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt019329
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0342578
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0342578
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0296470
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0940877
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0573027
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01248158
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0627132
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03685664
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0355534
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0326607
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0359580
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0349089
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0302833
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01693643
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.68520
IRS990ScheduleA/PublicSupportPY170Pct00.71820
IRS990ScheduleA/PublicSupportTotal170Amt03685664
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0296470
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0940877
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0573027
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01248158
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0627132
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03685664
IRS990ScheduleA/TotalSupportAmt05379307
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt04088491
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0728718
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04817209
IRS990ScheduleD/EquipmentGrp/BookValueAmt08711
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01066
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09777
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt080
IRS990ScheduleD/ExpensesSubtotalAmt0644520
IRS990ScheduleD/LandGrp/BookValueAmt0504716
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0504716
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0603554
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LAND HELD FOR DEVELOPMENT OF RESIDENTIAL HOMES
IRS990ScheduleD/OtherExpensesNotIncludedAmt080
IRS990ScheduleD/OtherRevenuesNotIncludedAmt080
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt080
IRS990ScheduleD/RevenueSubtotalAmt0663849
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0OTHER ITEMS 80.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1OTHER ITEMS 80.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04601918
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0603554
IRS990ScheduleD/TotalExpensesPerForm990Amt0644600
IRS990ScheduleD/TotalRevenuePerForm990Amt0663929
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0663849
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0644520
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY THE CPA FIRM THAT ALSO PERFORMS THE ANNUAL AUDIT OF THE ORGANZIATION'S FINANCIAL STATEMENTS. THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE DEVELOPMENT MANAGER BEFORE SIGNING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR ITS SELECTION PROCESS FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WV
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt02253709
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02296739
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06182490
IRS990/TotalAssetsEOYAmt05833042
IRS990/TotalAssetsGrp/BOYAmt06182490
IRS990/TotalAssetsGrp/EOYAmt05833042
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0296470
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0644600
IRS990/TotalFunctionalExpensesGrp/TotalAmt0644600
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02716751
IRS990/TotalLiabilitiesEOYAmt02347974
IRS990/TotalLiabilitiesGrp/BOYAmt02716751
IRS990/TotalLiabilitiesGrp/EOYAmt02347974
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03465739
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03485068
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0644600
IRS990/TotalReportableCompFromOrgAmt053819
IRS990/TotalRevenueGrp/ExclusionAmt024881
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0342578
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0663929
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06182490
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05833042
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt02167
IRS990/TravelGrp/TotalAmt02167
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0803038
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0779337
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0300 SECOND STREET SUITE 2
IRS990/USAddress/CityNm0FAIRMONT
IRS990/USAddress/StateAbbreviationCd0WV
IRS990/USAddress/ZIPCd026554
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00

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