Civic Intelligence

The Fairmont Community Development Partnership

990 • Fiscal year 2020 • EIN 55-0720311

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

Organization ProfileWWW.FCDPARTNERSHIP.ORG
517 Fairmont Avenue 2Fairmont, WV 26554

(304) 366-7600

Siviq Scores

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

Liabilities / Assets

65th percentile

0.33x

Higher debt load relative to assets than 65% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

88th percentile

1.93x

Higher debt load relative to revenue than 88% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

89th percentile

46%

Higher net margin than 89% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

27th percentile

-0.6%

Faster asset growth than 27% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

95%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets65th percentile

Assets

Flat

$6,372,962

Flat from 2020

Net Assets

Flat

$4,265,893

Flat from 2020

Liabilities

Flat

$2,107,069

Flat from 2020

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin89th percentile

Revenue

Flat

$1,093,127

Flat from 2020

Expenses

Flat

$586,024

Flat from 2020

Net Income

Flat

$507,103

Flat from 2020

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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: $4,265,8932020Assets 2020: $6,372,962Liabilities 2020: $2,107,069Net Assets 2020: $4,265,8932020

Highlighted filing

2020

Assets$6,372,962
Liabilities$2,107,069
Net Assets$4,265,893
Open 2020 Filing

Operations Trend

Revenue Growth93rd percentile

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: $507,1032020Revenue 2020: $1,093,127Expenses 2020: $586,024Net Income 2020: $507,1032020

Highlighted filing

2020

Revenue$1,093,127
Expenses$586,024
Net Income$507,103
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$1,093,127
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$5,228,327$5,726,138▲ $497,811
Other Notes and Loans Receivable, Net$292,942$290,374▼ $2,568
Pledges and Grants Receivable$764,228$231,742▼ $532,486
Cash and Non-Interest-Bearing Accounts$5,611$27,094▲ $21,483
Accounts Receivable$3,236$3,676▲ $440
Prepaid Expenses and Deferred Charges$2,622$2,622→ $0
Total Assets$6,411,319$6,372,962▼ $38,357
Other Assets Total$114,353$91,316▼ $23,037
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,673,265$1,622,684▼ $50,581
Deferred Revenue$764,228$231,742▼ $532,486
Unsecured Notes Loans Payable$173,387$171,967▼ $1,420
Accounts Payable and Accrued Expenses$8,574$43,466▲ $34,892
Other Liabilities$33,075$37,210▲ $4,135
Total Liabilities$2,652,529$2,107,069▼ $545,460
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,517,063$3,517,063→ $0
Net Assets Without Donor Restrictions$241,727$748,830▲ $507,103
Total Net Assets Fund Balance$3,758,790$4,265,893▲ $507,103
Total Liabilities and Net Assets / Fund Balance$6,411,319$6,372,962▼ $38,357

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,898,372$1,444,479$6,342,851
Other Land Buildings$681,074-$681,074
Land$145,905-$145,905
Equipment$787$1,410$2,197
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Clifton JacksonPresident
Belinda BiaforeVice President
Bill OliverDirector
Frances WallaceDirector
Kelley RoseDirector
Regina KingDirector
Ronnie WilliamsDirector
Timothy DawsonSecretary
KEVIN O'CONNORTreasury

Highest Paid Contractors

ContractorServicesLocationCompensation
DayconConstruction Of West Side HomesPO BOX 85, Philippi, WV 26416$567,628
Revenue and Support

Revenue Composition

Contributions and Grants
$661,623
Program Service Revenue
$402,375
Investment Income
$2,097
Other Revenue
$27,032
All Other Contributions
$622,958
Change in Net Assets
$507,103

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,093,127
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,093,127
Total Revenue per Form 990
$1,093,127
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$493,816
Salaries, Compensation, and Employee Benefits$92,208
Total Fundraising Expense$20,148
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$162,346$18,038-$180,384
Depreciation Depletion$170,415--$170,415
Interest-$93,604-$93,604
Other Salaries and Wages$51,224$12,547$15,027$78,798
Fees for Services Accounting-$26,346-$26,346
Fees for Services Other$5,022$5,023-$10,045
Other Employee Benefits$5,048$1,242$1,475$7,765
Office Expenses$3,642$1,931$1,821$7,394
Payroll Taxes$3,669$903$1,073$5,645
Information Technology$1,503$251$752$2,506
Fees for Services Legal-$1,410-$1,410
Other Expenses$150--$150
Travel$130$14-$144
Total Functional Expenses$404,567$161,309$20,148$586,024

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$586,024
Total Expenses per Audited Statements$586,024
Total Expenses per Form 990$586,024
Expenses Not Reported on Financial Statements$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Securities$37,210
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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 11B

“The fairmont community development partnership has a cpa firm prepare its form 990. The return is completed in draft form and reviewed by management of the organization and the treasurer prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The fairmont community development partnership annually requires its board members, officers and key employees to fill out a conflicts of interest form. During board meetings, if an interested party has a conflict, he or she recuses themselves from voting.”

Form 990, Part VI, Section B, Line 15A

“The fairmont community development partnership's board of directors annually reviews and approves the compensation of the organization's top management.”

Form 990, Part VI, Section C, Line 18

“The fairmont community development partnership makes its form 990 and form 1023 available to the public upon request.”

Form 990, Part VI, Section C, Line 19

“The fairmont community development partnership's 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
EIN
55-0720311
Phone
3043667600
Address
517 FAIRMONT AVENUE 2, FAIRMONT, WV 26554
Doing Business As
The Partnershp

Signing Officer

Name
KEVIN O'CONNOR
Title
Treasurer
Phone
3043667600
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kayleigh Kyle
Formed
1991
Legal Domicile
Wv
Voting Board Members
9
Independent Board Members
9
Employees
7
Volunteers
12

Preparer

Firm
S R Snodgrass Pc
Address
2009 MACKENZIE WAY SUITE 340, CRANBERRY TOWNSHIP, PA 16066
Preparer
Danelle R Stewart CPA
Phone
7249340344
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The partnership accounts for uncertainties in income taxes in accordance with authoritative guidance, which prescribes a recognition threshold of more likely than not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold has been met. During the years ended december 31, 2020 and 2019, the partnership did not identify any uncertain tax positions that qualify for either recognition or disclosure in the financial statements. Tax returns filed by the partnership are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2017 remain open. The partnership's policy is to recognize interest related to unrecognized tax benefits in interest expense and penalties in income tax expense on the statements of functional expenses.”

Raw XML AppendixShowing 400 of 477 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/OtherAssetsTotalGrp/EOYAmt091316
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01475
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01242
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05048
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07765
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1TRAINING & EDUCATION
IRS990/OtherExpensesGrp/ProgramServicesAmt01418
IRS990/OtherExpensesGrp/ProgramServicesAmt1150
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IRS990/OtherLiabilitiesGrp/EOYAmt037210
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt027032
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt027032
IRS990/OtherRevenueTotalAmt027032
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt015027
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012547
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt051224
IRS990/OtherSalariesAndWagesGrp/TotalAmt078798
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0292942
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0290374
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01073
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0903
IRS990/PayrollTaxesGrp/ProgramServicesAmt03669
IRS990/PayrollTaxesGrp/TotalAmt05645
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0764228
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0231742
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02622
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02622
IRS990/PrincipalOfficerNm0KAYLEIGH KYLE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME & FEES
IRS990/ProgramServiceRevenueGrp/Desc1INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0394951
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17424
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0394951
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17424
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0119297
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06959
IRS990/PYOtherExpensesAmt0478743
IRS990/PYOtherRevenueAmt017128
IRS990/PYProgramServiceRevenueAmt0417742
IRS990/PYRevenuesLessExpensesAmt0-158621
IRS990/PYSalariesCompEmpBnftPaidAmt0241004
IRS990/PYTotalExpensesAmt0719747
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0561126
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0507103
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0430007
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0661623
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0119297
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0587072
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0342176
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0768497
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02478665
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01497
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt042
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05679
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06869
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt010297
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt024384
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02112882
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt027032
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt017128
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt016304
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt07501
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt011747
IRS990ScheduleA/OtherIncome170Grp/TotalAmt079712
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.65630
IRS990ScheduleA/PublicSupportPY170Pct00.76370
IRS990ScheduleA/PublicSupportTotal170Amt01695045
IRS990ScheduleA/SubstantialContributorsTotAmt0783620
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0661623
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0119297
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0587072
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0342176
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0768497
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02478665
IRS990ScheduleA/TotalSupportAmt02582761
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/BookValueAmt04898372
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01444479
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06342851
IRS990ScheduleD/EquipmentGrp/BookValueAmt0787
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01410
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02197
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0586024
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0145905
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0145905
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0681074
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0681074
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt037210
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01093127
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PARTNERSHIP ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. DURING THE YEARS ENDED DECEMBER 31, 2020 AND 2019, THE PARTNERSHIP DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. TAX RETURNS FILED BY THE PARTNERSHIP ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2017 REMAIN OPEN. THE PARTNERSHIP'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN INCOME TAX EXPENSE ON THE STATEMENTS OF FUNCTIONAL EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05726138
IRS990ScheduleD/TotalExpensesPerForm990Amt0586024
IRS990ScheduleD/TotalLiabilityAmt037210
IRS990ScheduleD/TotalRevenuePerForm990Amt01093127
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01093127
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0586024
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FAIRMONT COMMUNITY DEVELOPMENT PARTNERSHIP HAS A CPA FIRM PREPARE ITS FORM 990. THE RETURN IS COMPLETED IN DRAFT FORM AND REVIEWED BY MANAGEMENT OF THE ORGANIZATION AND THE TREASURER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FAIRMONT COMMUNITY DEVELOPMENT PARTNERSHIP ANNUALLY REQUIRES ITS BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES TO FILL OUT A CONFLICTS OF INTEREST FORM. DURING BOARD MEETINGS, IF AN INTERESTED PARTY HAS A CONFLICT, HE OR SHE RECUSES THEMSELVES FROM VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FAIRMONT COMMUNITY DEVELOPMENT PARTNERSHIP'S BOARD OF DIRECTORS ANNUALLY REVIEWS AND APPROVES THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FAIRMONT COMMUNITY DEVELOPMENT PARTNERSHIP MAKES ITS FORM 990 AND FORM 1023 AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FAIRMONT COMMUNITY DEVELOPMENT PARTNERSHIP'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0FAIRMONT COMMUNITY DEVELOPMENT PARTNERSHIP INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0WEST SIDE HOMES LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0WV
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0ADMINISTRATION OF HOUSING AND URBAN DEVELOPMENT AND COMMUNITY DEVELOPMENT
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0517 FAIRMONT AVE 2
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0FAIRMONT
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0WV
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd026554
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WV
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06411319
IRS990/TotalAssetsEOYAmt06372962
IRS990/TotalAssetsGrp/BOYAmt06411319
IRS990/TotalAssetsGrp/EOYAmt06372962

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,372,962
Liabilities
$2,107,069
Net assets
$4,265,893
Revenue
$1,093,127
Expenses
$586,024
Net income
$507,103
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$6.37$2.11$4.27$1.09$0.59$0.51
2020Summary only. Only limited summary data is available for this year.$6.37$2.11$4.27$1.09$0.59$0.51
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.41$2.65$3.76$0.56$0.72$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.97$3.05$3.92$1.02$0.79$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.37$2.68$3.68$0.87$0.78$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.97$2.38$3.59$1.13$0.86$0.27
2015Detailed filing. Detailed filing data is available for this year.$5.83$2.35$3.49$0.66$0.64$0.02
2014Summary only. Only limited summary data is available for this year.$6.18$2.72$3.47$1.27$0.59$0.68
2013Summary only. Only limited summary data is available for this year.$5.32$2.53$2.79$0.97$0.78$0.20
2012Summary only. Only limited summary data is available for this year.$5.92$3.32$2.59$1.60$0.72$0.88
2011Summary only. Only limited summary data is available for this year.$5.38$3.67$1.71$0.93$0.75$0.18
2010Summary only. Only limited summary data is available for this year.$4.38$2.85$1.53$0.83$0.63$0.20