Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Old Town Fairfax Business Association (OTFBA) is a nonprofit organization focused on enhancing the business landscape in the Historic Old Town Fairfax and Transition Overlay Districts of Virginia. With a mission to support local businesses, advocate for community development while preserving historic integrity, and promote a vibrant urban environment, OTFBA operates with an annual budget of $272.6K and total revenue of $402.6K for the 2024 filing year. The organization relies on diverse funding sources and does not depend on a single funder for 50% or more of its revenue. For more information, visit www.oldtownfairfax.org.

Mission Statement

The Old Town Fairfax Business Association (OTFBA) reorganized in 2018 with a steering committee of business and property owners in the Historic Old Town Fairfax and Transition Overlay Districts and the City of Fairfax Office of Economic Development support to:- identify the OTFBA commercial district and assess immediate needs- communicate with leaders among commercial businesses and property owners- organize the OTFBA - plan events to promote the businesses in the Old Town area and - build community support through partnerships and coalitionsAs a volunteer-based organization, the OTFBA advocates for Old Town Fairfaxs business community, champions development that preserves the communitys historic integrity, supports its Arts, Culture & Entertainment programs, and promotes an urban, pedestrian-friendly shopping / dining environment.Future Activities:Hosting annual events such as a Taste of Old Town, Art Walk-About, Heritage Village on Main Street, and business awards programAdministerin
Revenues
$402.6K
Expenses
$278.6K
Net Income:
+$124K
Assets
$197.2K
Liabilities
$600
Net Assets:
+$196.6K
Operating Budget
$272.6K
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
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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T
Tess Rollins
Board Member
T
Tina Disch
Board Member
B
Bryan Wright
Board Member

Frequently Asked Questions

What is OLD TOWN FAIRFAX BUSINESS ASSOCIATION’s budget?
In 2024, OLD TOWN FAIRFAX BUSINESS ASSOCIATION reported an annual operating budget of around $273 thousand. More detailed financial information is available to registered users.
What causes does OLD TOWN FAIRFAX BUSINESS ASSOCIATION support?
OLD TOWN FAIRFAX BUSINESS ASSOCIATION supports work in Business and industry.
Where does OLD TOWN FAIRFAX BUSINESS ASSOCIATION operate?
OLD TOWN FAIRFAX BUSINESS ASSOCIATION is headquartered in FAIRFAX, VA.
What is OLD TOWN FAIRFAX BUSINESS ASSOCIATION’s reliance on government grants?
OLD TOWN FAIRFAX BUSINESS ASSOCIATION relied on government grants for more than 65% of their total revenue in 2024.