Overview
What is The Fairmont Community Development Partnership Inc?
The Fairmont Community Development Partnership Inc, often referred to as THE PARTNERSHIP, is a nonprofit organization based in Fairmont, West Virginia. With a mission to revitalize neighborhoods and offer affordable housing opportunities for low to moderate income households, they strive to improve the living conditions of their community. This is achieved by providing affordable rental units within the targeted neighborhood areas. With a dedicated team of seven employees, THE PARTNERSHIP plays a crucial role in enhancing the local community and addressing the housing needs of its residents.
Official website here: www.fcdpartnership.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
The Fairmont Community Development Partnership Inc has achieved an impressive 96% rating from Charity Navigator, indicating a high level of accountability and financial health. This score is derived entirely from its strong Accountability & Finance metrics, which highlights the organization’s commitment to transparency and effective management of resources.
Significant strengths of the organization include its fully independent board members and comprehensive financial practices. The board consists of nine independent members, and the organization has a perfect score in key areas such as financial audits, conflict of interest policies, and whistleblower protections. These factors contribute to a solid infrastructure that supports the nonprofit's mission.
Despite the positive ratings, the summary does not indicate specific program outcomes or community impact metrics, which would provide a clearer picture of the effectiveness of their initiatives. However, the high percentage of program expenses suggests that a substantial portion of their funding is directed towards fulfilling their mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Fairmont Community Development Partnership Inc legitimate?
The Fairmont Community Development Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fairmont Community Development Partnership 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $78,798
For more financial information, click here
Official website here: www.fcdpartnership.org
What is the mission statement of The Fairmont Community Development Partnership Inc?
The Fairmont Community Development Partnership Inc's mission is centered around revitalizing neighborhoods and offering affordable housing opportunities for households with moderate to low income levels. The organization strives to accomplish this goal by establishing affordable rental units within the targeted neighborhood areas. Their primary aim is to enhance the living conditions and provide housing solutions for individuals and families who may otherwise struggle with these necessities. The partnership's activities are geared towards improving the overall livability and affordability of the target communities.
Official website here: www.fcdpartnership.org
Who is the CEO of The Fairmont Community Development Partnership Inc?
Kayleigh Kyle is the President of The Fairmont Community Development Partnership Inc.
Official website here: www.fcdpartnership.org
What is the revenue of The Fairmont Community Development Partnership Inc?
The Fairmont Community Development Partnership Inc's revenue in 2020 was $1,093,127.
Official website here: www.fcdpartnership.org
Who are the executives of The Fairmont Community Development Partnership Inc and what are their salaries?
The average compensation at The Fairmont Community Development Partnership Inc during 2020 was $11,257. There are 7 employees and 12 volunteers at The Fairmont Community Development Partnership Inc.
Here are 9 key members and their salaries:
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Official website here: www.fcdpartnership.org
Where can I find the form 990 for The Fairmont Community Development Partnership Inc?
The Fairmont Community Development Partnership Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.fcdpartnership.org
Learn more at the official website: www.fcdpartnership.org
Mission Statement of The Fairmont Community Development Partnership Inc
The Fairmont Community Development Partnership Inc is dedicated to revitalizing neighborhoods and providing affordable housing opportunities for low to moderate income households. Their mission is twofold: firstly, they aim to revitalize neighborhoods by investing in and improving the overall infrastructure and living conditions of the areas. Secondly, they offer affordable housing options to families and individuals who fall within the low to moderate income bracket. To accomplish these goals, The Fairmont Community Development Partnership Inc provides affordable rental units within the targeted neighborhood areas. By doing so, they contribute to the betterment of the community while ensuring that affordable housing remains an option for those who need it most.
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Impact
July, 2024
The Fairmont Community Development Partnership Inc plays a crucial role in revitalizing neighborhoods and offering affordable housing options for low to moderate-income households in Fairmont, WV. Their focus on providing affordable rental units within specific neighborhood areas directly impacts the local community by addressing housing needs and contributing to the overall improvement of the area. Through their efforts, they are working towards creating more accessible housing opportunities for those in need, ultimately fostering a more sustainable and inclusive community.
This information is meant to be a general summary of The Fairmont Community Development Partnership Inc. 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 2020.
- Investment Income: $2,097
- Program Service Revenue: $402,375
- Gross Receipts: $1,093,127
Assets and Liabilities:
- Total Assets: $6,372,962
- Total Liabilities: $2,107,069
- Net Assets: $4,265,893
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME & FEES
Revenue
$394,951
INTEREST ON LOANS
Revenue
$7,424
Organization Details
Founding Year
1991
Phone
(304) 366-7600Principal Officer
Kayleigh Kyle
Main Address
517 FAIRMONT AVENUE 2, FAIRMONT, WV, 26554
Website
www.fcdpartnership.orgNTEE Category
Code: Z99Z - Unknown
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