Civic Intelligence

The Fairmont Community Development Partnership

990 • Fiscal year 2019 • EIN 55-0720311

Jan 01, 2019 to Dec 31, 2019 • 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

72nd percentile

0.41x

Higher debt load relative to assets than 72% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

94th percentile

4.73x

Higher debt load relative to revenue than 94% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

10th percentile

-28%

Higher net margin than 10% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

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.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

11th percentile

-8.0%

Faster asset growth than 11% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

6th percentile

-45%

Faster revenue growth than 6% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$6,411,319

Down $555,791 (-8.0%) from 2018

Net Assets

Down

$3,758,790

Down $158,621 (-4.0%) from 2018

Liabilities

Down

$2,652,529

Down $397,170 (-13%) from 2018

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin10th percentile

Revenue

Down

$561,126

Down $458,172 (-45%) from 2018

Expenses

Down

$719,747

Down $67,123 (-8.5%) from 2018

Net Income

Down

-$158,621

Down $391,049 (-168%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth11th 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: $4,265,8932020

Highlighted filing

2019

Assets$6,411,319
Liabilities$2,652,529
Net Assets$3,758,790
Open 2019 Filing

Operations Trend

Revenue Growth6th 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: $507,1032020

Highlighted filing

2019

Revenue$561,126
Expenses$719,747
Net Income-$158,621
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 15, 2021
Return Version
2019v5.2
Gross Receipts
$649,809
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$5,433,251$5,228,327▼ $204,924
Pledges and Grants Receivable$1,110,467$764,228▼ $346,239
Other Notes and Loans Receivable, Net$260,363$292,942▲ $32,579
Cash and Non-Interest-Bearing Accounts$69,095$5,611▼ $63,484
Accounts Receivable-$3,236-
Prepaid Expenses and Deferred Charges-$2,622-
Total Assets$6,967,110$6,411,319▼ $555,791
Other Assets Total$93,934$114,353▲ $20,419
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,918,137$1,673,265▼ $244,872
Deferred Revenue$1,053,157$764,228▼ $288,929
Unsecured Notes Loans Payable-$173,387-
Other Liabilities$0$33,075▲ $33,075
Accounts Payable and Accrued Expenses$78,405$8,574▼ $69,831
Total Liabilities$3,049,699$2,652,529▼ $397,170
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,517,063$3,517,063→ $0
Net Assets Without Donor Restrictions$400,348$241,727▼ $158,621
Total Net Assets Fund Balance$3,917,411$3,758,790▼ $158,621
Total Liabilities and Net Assets / Fund Balance$6,967,110$6,411,319▼ $555,791

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,018,976$1,274,073$6,293,049
Land$145,905-$145,905
Other Land Buildings$63,446-$63,446
Equipment$0$1,401$1,401
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Cliff JacksonPresident (incoming)
Bill OliverPresident (outgoing)
Belinda BiaforeVice President (incoming)
Regina RileyDirector
Ronnie WilliamsDirector
Michael WashingtonDirector (outgoing August 2019)
Angela TurnerDirector (outgoing Nov. 2019)
Timothy DawsonSecretary
KEVIN O'CONNORTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
DayconConstruction Of Va Ave DuplexPO BOX 85, Philippi, WV 26416$235,330
Revenue and Support

Revenue Composition

Contributions and Grants
$119,297
Program Service Revenue
$417,742
Investment Income
$6,959
Other Revenue
$17,128
All Other Contributions
$119,297
Change in Net Assets
$-158,621

Audited Revenue Reconciliation

Revenue per Audited Statements
$561,126
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$561,126
Total Revenue per Form 990
$561,126
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$478,743
Salaries, Compensation, and Employee Benefits$241,004
Total Fundraising Expense$50,080
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$136,392$33,573$39,868$209,833
Occupancy$178,064$19,784-$197,848
Depreciation Depletion$167,237--$167,237
Interest-$86,130-$86,130
Fees for Services Accounting-$21,140-$21,140
Fees for Services Other$9,750$9,751-$19,501
Payroll Taxes$10,508$2,587$3,072$16,167
Fees for Services Legal-$14,963-$14,963
Other Employee Benefits$6,776$1,669$1,981$10,426
Office Expenses$4,977$2,322$2,489$9,788
Travel$6,313$701-$7,014
Information Technology$3,600$601$1,800$6,001
Pension Plan Contributions$2,975$733$870$4,578
Advertising$3,829--$3,829
Conferences and Meetings-$65-$65
Other Expenses$1,564$-65,528-$-65,528
Total Functional Expenses$535,379$134,288$50,080$719,747

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$719,747
Total Expenses per Audited Statements$719,747
Total Expenses per Form 990$719,747
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$33,075
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
8
Volunteers
9

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 year ended december 31, 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 2016 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 485 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt078405
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt08574
IRS990/AccountsReceivableGrp/EOYAmt03236
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0REVITALIZING NEIGHBORHOODS AND PROVIDING AFFORDABLE HOUSING OPPORTUNITIES FOR LOW TO MODERATE INCOME HOUSEHOLDS.
IRS990/AdvertisingGrp/ProgramServicesAmt03829
IRS990/AdvertisingGrp/TotalAmt03829
IRS990/AllOtherContributionsAmt0119297
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KAYLEIGH KYLE
IRS990/BooksInCareOfDetail/PhoneNum03043667600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0517 FAIRMONT AVE 2
IRS990/BooksInCareOfDetail/USAddress/CityNm0FAIRMONT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WV
IRS990/BooksInCareOfDetail/USAddress/ZIPCd026554
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt069095
IRS990/CashNonInterestBearingGrp/EOYAmt05611
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt065
IRS990/ConferencesMeetingsGrp/TotalAmt065
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0235330
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 85
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0PHILIPPI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0WV
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd026416
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0DAYCON
IRS990/ContractorCompensationGrp/ServicesDesc0CONSTRUCTION OF VA AVE DUPLEX
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0119297
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06959
IRS990/CYOtherExpensesAmt0478743
IRS990/CYOtherRevenueAmt017128
IRS990/CYProgramServiceRevenueAmt0417742
IRS990/CYRevenuesLessExpensesAmt0-158621
IRS990/CYSalariesCompEmpBnftPaidAmt0241004
IRS990/CYTotalExpensesAmt0719747
IRS990/CYTotalFundraisingExpenseAmt050080
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0561126
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01053157
IRS990/DeferredRevenueGrp/EOYAmt0764228
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0167237
IRS990/DepreciationDepletionGrp/TotalAmt0167237
IRS990/Desc0THE PARTNERSHIP'S PROGRAM GOAL IS TO REVITALIZE NEIGHBORHOODS AND PROVIDE AFFORDABLE HOUSING OPPORTUNITIES FOR LOW TO MODERATE INCOME HOUSEHOLDS. THIS IS ACCOMPLISHED THROUGH PROVIDING AFFORDABLE RENTAL UNITS WITHIN THE TARGETED NEIGHBORRHOOD AREAS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0THE PARTNERSHP
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt03517063
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt03517063
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt08
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0535379
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt021140
IRS990/FeesForServicesAccountingGrp/TotalAmt021140
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt014963
IRS990/FeesForServicesLegalGrp/TotalAmt014963
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt09751
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt09750
IRS990/FeesForServicesOtherGrp/TotalAmt019501
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0BILL OLIVER
IRS990/Form990PartVIISectionAGrp/PersonNm1CLIFF JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm2KEVIN O'CONNOR
IRS990/Form990PartVIISectionAGrp/PersonNm3BELINDA BIAFORE
IRS990/Form990PartVIISectionAGrp/PersonNm4TIMOTHY DAWSON
IRS990/Form990PartVIISectionAGrp/PersonNm5ANGELA TURNER
IRS990/Form990PartVIISectionAGrp/PersonNm6REGINA RILEY
IRS990/Form990PartVIISectionAGrp/PersonNm7RONNIE WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL WASHINGTON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT (OUTGOING)
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT (INCOMING)
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT (INCOMING)
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR (OUTGOING NOV. 2019)
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR (OUTGOING AUGUST 2019)
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt06917
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt095600
IRS990/GrossReceiptsAmt0649809
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01800
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0601
IRS990/InformationTechnologyGrp/ProgramServicesAmt03600
IRS990/InformationTechnologyGrp/TotalAmt06001
IRS990/InterestGrp/ManagementAndGeneralAmt086130
IRS990/InterestGrp/TotalAmt086130
IRS990/InvestmentIncomeGrp/ExclusionAmt042
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt042
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01275474
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05433251
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05228327
IRS990/LandBldgEquipCostOrOtherBssAmt06503801
IRS990/LegalDomicileStateCd0WV
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt088683
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0REVITALIZING NEIGHBORHOODS AND PROVIDING AFFORDABLE HOUSING OPPORTUNITIES FOR LOW TO MODERATE INCOME HOUSEHOLDS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01918137
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01673265
IRS990/NetAssetsOrFundBalancesBOYAmt03917411
IRS990/NetAssetsOrFundBalancesEOYAmt03758790
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt06917
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt06917
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0400348
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0241727
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt019784
IRS990/OccupancyGrp/ProgramServicesAmt0178064
IRS990/OccupancyGrp/TotalAmt0197848
IRS990/OfficeExpensesGrp/FundraisingAmt02489
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02322
IRS990/OfficeExpensesGrp/ProgramServicesAmt04977
IRS990/OfficeExpensesGrp/TotalAmt09788
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt093934
IRS990/OtherAssetsTotalGrp/EOYAmt0114353
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01981
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01669
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06776
IRS990/OtherEmployeeBenefitsGrp/TotalAmt010426
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1TRAINING AND EDUCATION
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05797
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1-65528
IRS990/OtherExpensesGrp/ProgramServicesAmt03394
IRS990/OtherExpensesGrp/ProgramServicesAmt11564
IRS990/OtherExpensesGrp/TotalAmt09191
IRS990/OtherExpensesGrp/TotalAmt11564
IRS990/OtherExpensesGrp/TotalAmt2-65528
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt033075
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt017128
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt017128
IRS990/OtherRevenueTotalAmt017128
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt039868
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt033573
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0136392
IRS990/OtherSalariesAndWagesGrp/TotalAmt0209833
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0260363
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0292942
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03072
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02587
IRS990/PayrollTaxesGrp/ProgramServicesAmt010508
IRS990/PayrollTaxesGrp/TotalAmt016167
IRS990/PensionPlanContributionsGrp/FundraisingAmt0870
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0733
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02975
IRS990/PensionPlanContributionsGrp/TotalAmt04578
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01110467
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0764228
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02622
IRS990/PrincipalOfficerNm0KAYLEIGH KYLE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1236000
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1PROJECT DEVELOPMENT FE
IRS990/ProgramServiceRevenueGrp/Desc2INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0372094
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt145029
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2619
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0372094
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt145029
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2619
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0587072
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt019813
IRS990/PYOtherExpensesAmt0546845
IRS990/PYOtherRevenueAmt016304
IRS990/PYProgramServiceRevenueAmt0396109
IRS990/PYRevenuesLessExpensesAmt0232428
IRS990/PYSalariesCompEmpBnftPaidAmt0240025
IRS990/PYTotalExpensesAmt0786870
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01019298
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-158621
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0434870
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0119297
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0587072
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0342176
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0768497
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0296470
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02113512
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt042
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05679
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06869
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt010297
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0355534
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0378421
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01710507
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt017128
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt016304
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt07501
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt011747
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02895
IRS990ScheduleA/OtherIncome170Grp/TotalAmt055575
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.76370
IRS990ScheduleA/PublicSupportPY170Pct00.79850
IRS990ScheduleA/PublicSupportTotal170Amt01945587
IRS990ScheduleA/SubstantialContributorsTotAmt0167925
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0119297
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0587072
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0342176
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0768497
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0296470
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02113512
IRS990ScheduleA/TotalSupportAmt02547508
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/BookValueAmt05018976
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01274073
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06293049
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01401
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01401
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0719747
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0145905
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0145905
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt063446
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt063446
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt033075
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0561126
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 YEAR ENDED DECEMBER 31, 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 2016 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/TotalBookValueLandBuildingsAmt05228327
IRS990ScheduleD/TotalExpensesPerForm990Amt0719747
IRS990ScheduleD/TotalLiabilityAmt033075
IRS990ScheduleD/TotalRevenuePerForm990Amt0561126
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0561126
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0719747
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,411,319
Liabilities
$2,652,529
Net assets
$3,758,790
Revenue
$561,126
Expenses
$719,747
Net income
-$158,621
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Summary only. Only limited summary data is available for this year.$6.37$2.11$4.27$1.09$0.59$0.51
2019Detailed filing. Detailed filing data is available for this year.$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