Main Street Fairmont Inc

Community development organization based in Fairmont, WV. 4 employees. Exempt under §501(c)(3).

MissionTO STIMULATE ECONOMIC DEVELOPMENT IN FAIRMONT, WEST VIRGINIA WITHIN THE CONTEXT OF HISTORIC PRESERVATION THROUGH ORGANIZATION (ENCOURAGING COOPERATION AND BUILDING LEADERSHIP IN THE BUSINESS COMMUNITY), PROMOTION (CREATING A POSITIVE IMAGE FOR DOWNTOWN), DESIGN (IMPROVING THE

Financial snapshot · TY 2022

$136K
Total revenue
$123K
Total expenses
$545K
Net assets

Financial health · TY 2023

31
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
3
0.6 months of expenses
Program efficiency
73
79.2% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Alex Petry
EXECUTIVE DI
$1,875
1th percentile vs. peers

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Main Street Fairmont Inc Executive Compensation | 990 Data | DoubleNine