Fairmount Community Development Corporation
Improves Fairmount's buildings and community life, preserving its character and diversity through a strong local economy. For fiscal year 2024 it reported $601K in revenue, $488K in expenses, and $718K in net assets.Pt I
- Founded
- 1999
- Type
- Public charity (501(c)(3)) · Community Development
- Location
- Philadelphia, PA
- Website
- www.fairmountcdc.org
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Fairmount CDC'S mission to foster the improvement of the residential, commercial, and social fabric of the fairmount neighborhood, while preserving its character and diversity is accomplished through four primary focus areas: 1) fostering a vibrant local economy through small business development; 2) enhancing the physical environment…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Patrick Sherlock’s $75K as Exec Directo is at the 51st percentile of top reported officer pay among 1710 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Patrick Sherlock | $74,938 | $71,250 | $65,000 | $26,250 | — | — |
| Sarajane Blair | — | — | — | — | $20,020 | $61,075 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 66% | — | — |
| Overhead ratio | 29% | — | — |
| Fundraising cost ratio | 5% | — | — |
| Revenue growth | 67% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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