Overview

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Est.

1999

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

FAIRMOUNT COMMUNITY DEVELOPMENT COR is a nonprofit organization dedicated to fostering economic development and community improvement in the Fairmount neighborhood. Its mission is to enhance the residential, commercial, and social fabric of the area while preserving its unique character and diversity, supported by an operating budget of $402.4K and total revenue of $359.8K. The organization receives funding from key supporters including DONOR ADVISED CHARITABLE GIVING INC, THE PHILADELPHIA FOUNDATION, The Merchants Fund of Philadelphia, and THE COTTAGE BRIDGE FOUNDATION, none of which provide over 50% of its revenue. For more information, visit www.fairmountcdc.org.

Mission Statement

TO FOSTER THE IMPROVEMENT OF THE RESIDENTIAL, COMMERCIAL, AND SOCIAL FABRIC OF THE FAIRMOUNT NEIGHBORHOOD WHILE PRESERVING ITS CHARACTER AND DIVERSITY BY FOSTERING A VIBRANT LOCAL ECONOMY.
Revenues
$359.8K
Expenses
$402.4K
Net Income:
-$42.6K
Assets
$914.3K
Liabilities
$309.9K
Net Assets:
+$604.4K
Operating Budget
$402.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$10K
Largest grant received
$10K
P
Patrick Sherlock
Board Member
S
Shawn Duff
Board Member
D
Dena Epstein
Board Member

Frequently Asked Questions

What is FAIRMOUNT COMMUNITY DEVELOPMENT COR’s budget?
In 2024, FAIRMOUNT COMMUNITY DEVELOPMENT COR reported an annual operating budget of around $402 thousand. More detailed financial information is available to registered users.
What causes does FAIRMOUNT COMMUNITY DEVELOPMENT COR support?
FAIRMOUNT COMMUNITY DEVELOPMENT COR supports work in Community improvement and Economic development.
Where does FAIRMOUNT COMMUNITY DEVELOPMENT COR operate?
FAIRMOUNT COMMUNITY DEVELOPMENT COR is headquartered in PHILADELPHIA, PA.
Who funded FAIRMOUNT COMMUNITY DEVELOPMENT COR recently?
In 2023, FAIRMOUNT COMMUNITY DEVELOPMENT COR received grants from The Merchants Fund of Philadelphia, THE COTTAGE BRIDGE FOUNDATION, and DONOR ADVISED CHARITABLE GIVING INC. More information on this organization’s funders is available to registered users.
What is the largest grant FAIRMOUNT COMMUNITY DEVELOPMENT COR received in 2023?
The largest grant to FAIRMOUNT COMMUNITY DEVELOPMENT COR in 2023 exceeds $10 thousand.
What is FAIRMOUNT COMMUNITY DEVELOPMENT COR’s reliance on government grants?
FAIRMOUNT COMMUNITY DEVELOPMENT COR relied on government grants for more than 70% of their total revenue in 2024.