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Capitol Market Inc

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

EIN: 311512991 ✦ Charleston, WV ✦ Designated as a 501(c)(3)

Overview

What is Capitol Market Inc?

Capitol Market Inc, based in Charleston, West Virginia, is a 501(c)(3) nonprofit organization that serves as a retail, community, and economic hub for the Kanawha Valley and beyond. Situated in a historic rail depot, it aims to support small businesses and West Virginia farmers by offering a unique retail and tourist destination in the heart of downtown Charleston. The market operates both an outdoor farmers' market and indoor specialty shops, benefiting local farmers, growers, and merchants, as well as the broader community. With a team of five dedicated individuals, Capitol Market Inc plays a significant role in promoting local produce and fostering a sense of community in Charleston.


Official website here: www.capitolmarket.net

Is Capitol Market Inc legitimate?

Capitol Market Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capitol Market Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $62,722
Professional Fundraising Fees: $0
Other Salaries and Wages: $81,755

For more financial information, click here


Official website here: www.capitolmarket.net

What is the mission statement of Capitol Market Inc?

Capitol Market Inc, as a 501(c)(3) nonprofit, serves as a multifunctional hub in the Kanawha Valley and beyond. Its primary mission is to support small businesses and West Virginia farmers by offering a unique retail and tourist destination in the heart of a downtown area. Housed in a turn-of-the-century rail depot, Capitol Market provides an outlet for local farmers, growers, and merchants through the operation of an outdoor farmers' market and indoor specialty shops. This initiative aims to benefit both the farmers and the community, contributing to the local economy while providing residents with access to fresh produce and locally made products.


Official website here: www.capitolmarket.net

Who is the CEO of Capitol Market Inc?

Evan Osborn is the Director of Capitol Market Inc.


Official website here: www.capitolmarket.net

What is the revenue of Capitol Market Inc?

Capitol Market Inc's revenue in 2022 was $738,327.


Official website here: www.capitolmarket.net

Who are the executives of Capitol Market Inc and what are their salaries?

The average compensation at Capitol Market Inc during 2022 was $28,895. There are 5 employees at Capitol Market Inc.

Here are 20 key members and their salaries:

    Evan Osborn (Executive Director)
  • Compensation: $50,178
  • Related: $0
  • Other: $0

    • Tim Brady (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane Bostic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Candace Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Cavender (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Chipps (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Ellis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Cunningham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristen Harrison (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Keith (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Manahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gaylene Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Harrell Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leah Glover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susie Salisbury (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chelsea Kinzinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emilie Love (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brandy Robertson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Harmon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.capitolmarket.net

    Where can I find the form 990 for Capitol Market Inc?

    The Capitol Market Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.capitolmarket.net

    Learn more at the official website: www.capitolmarket.net

    Mission Statement of Capitol Market Inc

    Capitol Market Inc, a 501(c)(3) organization, serves as a multifaceted hub for the Kanawha Valley and beyond. Housed in a vintage rail depot, this nonprofit's mission is to support local small businesses and West Virginia farmers. By establishing a unique retail and tourist destination in the heart of downtown Charleston, Capitol Market Inc aims to provide a platform for West Virginia farmers, growers, and merchants to showcase their produce and wares. The organization's primary objective is to foster an economic boom within the community by offering a diverse range of specialty shops and an outdoor farmers' market. In doing so, Capitol Market Inc strives to contribute positively to the local economy and enrich the lives of those living in the area.

    Impact

    This information is meant to be a general summary of Capitol Market Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Capitol Market Inc's impact is significant in promoting economic development, supporting local businesses, and fostering community engagement in the Kanawha Valley and beyond. By operating an outdoor farmers' market and indoor specialty shops, Capitol Market provides a platform for West Virginia farmers, growers, and merchants to showcase their products and connect with customers. This not only boosts the agricultural sector but also contributes to the overall economic growth of the region.

    Additionally, Capitol Market serves as a unique retail and tourist destination in downtown Charleston, attracting visitors and enhancing the local tourism industry. The organization's efforts in supporting small businesses and fostering a sense of community make it a vital hub for residents and visitors alike. Through its activities, Capitol Market contributes to the improvement and vibrancy of the community, making it a valuable asset in the region's economic and social landscape.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $400
  • Program Service Revenue: $452,125
  • Gross Receipts: $750,242

    • Assets and Liabilities:
  • Total Assets: $2,752,144
  • Total Liabilities: $215,489
  • Net Assets: $2,536,655
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    FACILITIES

    Revenue

    $415,771

    SPECIAL EVENTS

    Revenue

    $28,628

    GIFT CERTIFICATES

    Revenue

    $7,726

    Organization Details

    Founding Year

    1997

    Principal Officer

    Evan Osborn

    Main Address

    800 SMITH STREET, CHARLESTON, WV, 25301

    NTEE Category

    Code: S20 - Community improvement

    If you are a representative of Capitol Market Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.