Marion Regional Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 310891112 ✦ Fairmont, WV ✦ Designated as a 501(c)(4)

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Overview

What is Marion Regional Development Corporation?

Marion Regional Development Corporation, situated in Fairmont, West Virginia, serves as a vital urban community economic development organization. Their primary mission is to stimulate and foster economic growth within the local community. By doing so, they aim to contribute positively to the region's overall development and prosperity. As a nonprofit organization, they dedicate their efforts to promoting community-focused economic improvements.

Is Marion Regional Development Corporation legitimate?

Marion Regional Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Marion Regional 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: $19,738
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Marion Regional Development Corporation?

The Marion Regional Development Corporation serves as an urban, community economic development organization. Its mission is centered around stimulating the economic growth of local communities. By doing so, it aims to contribute positively to the overall development of the communities it serves. The corporation's activities are focused on fostering economic growth, promoting community development, and ultimately, improving the well-being of the communities it operates in.

Who is the CEO of Marion Regional Development Corporation?

Nick L Fantasia is the President of Marion Regional Development Corporation.

What is the revenue of Marion Regional Development Corporation?

Marion Regional Development Corporation's revenue in 2023 was $83,257.

Who are the executives of Marion Regional Development Corporation and what are their salaries?

The average compensation at Marion Regional Development Corporation during 2023 was $19,738. There is 1 employee at Marion Regional Development Corporation.


Here are 12 key members and their salaries:


Nick L Fantasia (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Shaw (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerry Schmidt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Mcdaniel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Staggers (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rocco Fuccillo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roman Prezioso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shae Straight (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jo Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Elliot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Swiger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Longstreth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Marion Regional Development Corporation?

Marion Regional Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Marion Regional Development Corporation

Marion Regional Development Corporation, as a community economic development organization, is dedicated to stimulating growth within its community. Based in Fairmont, this urban nonprofit aims to foster economic development by leveraging resources and opportunities within the local community. By stimulating economic growth, Marion Regional Development Corporation works towards improving the overall well-being and livelihood of its community members.

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Impact




October, 2024

Marion Regional Development Corporation significantly impacts the local economy by driving community economic development initiatives in Fairmont, WV. Through its focused efforts, the organization fosters growth, enhances employment opportunities, and strengthens the overall economic landscape of the region. By engaging with local stakeholders and promoting strategic projects, it actively supports business development and attracts investments, contributing to the community's vitality and improvement. The corporation's mission centers on stimulating economic activities that lead to enhanced quality of life for residents and businesses alike, ensuring sustainable growth and a vibrant community.




This information is meant to be a general summary of Marion Regional 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.

Revenue
$83,257 (2023)
Expenses
$107,535 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $83,257

Assets and Liabilities:

  • Total Assets: $1,455,247
  • Total Liabilities: $1,358,277
  • Net Assets: $96,970

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Organization Details

Founding Year

1954

Principal Officer

Nick L Fantasia

Main Address

110 ADAMS ST, FAIRMONT, WV, 26554

NTEE Category

Code: S31 - Community improvement

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