Overview
What is Fairmount Community Development Corporation?
The Fairmount Community Development Corporation, situated in Philadelphia, Pennsylvania, is a dedicated nonprofit organization with a mission to enhance the residential, commercial, and social fabric of the Fairmount neighborhood. By fostering a vibrant local economy, they promote small business development, which is a significant aspect of their work. They also strive to improve the physical environment, engaging residents to build a strong community in the process. Additionally, Fairmount Community Development Corporation facilitates research to plan for the future, ensuring the neighborhood maintains its unique character and diversity. With a team of five employees, their collective efforts contribute to the betterment of the Fairmount community.
Official website here: www.fairmountcdc.org
Is Fairmount Community Development Corporation legitimate?
Fairmount Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairmount Community Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $26,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,737
For more financial information, click here
Official website here: www.fairmountcdc.org
What is the mission statement of Fairmount Community Development Corporation?
The Fairmount Community Development Corporation's mission is centered around enhancing the residential, commercial, and social fabric of a specific neighborhood. They strive to preserve its character and diversity by fostering a vibrant local economy. This is achieved through four primary focus areas: promoting small business development, improving the physical environment, engaging residents to build community, and facilitating research to plan for the future.
Official website here: www.fairmountcdc.org
Who is the CEO of Fairmount Community Development Corporation?
Patrick Sherlock is the President of Fairmount Community Development Corporation.
Official website here: www.fairmountcdc.org
What is the revenue of Fairmount Community Development Corporation?
Fairmount Community Development Corporation's revenue in 2022 was $324,266.
Official website here: www.fairmountcdc.org
Who are the executives of Fairmount Community Development Corporation and what are their salaries?
The average compensation at Fairmount Community Development Corporation during 2022 was $17,397. There are 5 employees and 150 volunteers at Fairmount Community Development Corporation.
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Official website here: www.fairmountcdc.org
Where can I find the form 990 for Fairmount Community Development Corporation?
Fairmount Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fairmountcdc.org
Learn more at the official website: www.fairmountcdc.org
Mission Statement of Fairmount Community Development Corporation
Fairmount Community Development Corporation (FCDC) is dedicated to enhancing the residential, commercial, and social fabric of its neighborhood, while preserving its character and diversity. This mission is achieved through four primary focus areas. Firstly, FCDC fosters a vibrant local economy by supporting small business development. This involves providing resources and opportunities for local businesses to thrive, thereby contributing to the neighborhood's economic vitality.
Secondly, FCDC works on enhancing the physical environment of the neighborhood. This could involve improving infrastructure, promoting sustainable development, and ensuring the area remains aesthetically pleasing and safe for its residents.
Thirdly, FCDC engages residents to build community. This could involve organizing events, facilitating community discussions, and encouraging active participation of local residents in shaping their neighborhood.
Lastly, FCDC facilitates research to plan for the future. This involves gathering data and insights about the neighborhood's current state and future needs, and using this information to develop strategic plans for its sustainable development. Overall, FCDC's mission is to improve the quality of life for its neighborhood's residents, preserve its unique character, and foster a vibrant local economy.
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Impact
October, 2024
Fairmount Community Development Corporation significantly enhances the Fairmount neighborhood by improving its residential, commercial, and social fabric while maintaining its unique character and diversity. The organization focuses on fostering a vibrant local economy through small business development, which creates job opportunities and strengthens community ties.
In addition to economic initiatives, Fairmount CDC enhances the physical environment, making the neighborhood more attractive and welcoming for residents and visitors alike. This commitment involves community beautification projects and infrastructure improvements that contribute to the overall aesthetics and functionality of the area.
Engagement with residents is a core component of Fairmount CDC’s impact, as it promotes community building and fosters a sense of belonging among residents. By facilitating opportunities for residents to connect and collaborate, the organization nurtures a strong community spirit.
Moreover, Fairmount CDC is proactive in planning for the future by conducting research that informs development strategies and ensures that growth aligns with the community's values and needs. Through these multifaceted efforts, Fairmount CDC plays a crucial role in shaping a thriving, inclusive, and sustainable neighborhood in Philadelphia.
This information is meant to be a general summary of Fairmount Community Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $19,707
- Gross Receipts: $324,266
Assets and Liabilities:
- Total Assets: $394,032
- Total Liabilities: $120,956
- Net Assets: $273,076
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$2,977
FOOD FIGHT EVENT
Revenue
$16,730
Organization Details
Founding Year
1999
Phone
(215) 232-4766Principal Officer
Patrick Sherlock
Main Address
2837 WEST GIRARD AVENUE, Philadelphia, PA, 19143
Website
www.fairmountcdc.orgNTEE Category
Code: S30 - Community improvement
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