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Nonprofit · EIN 55-6023559

FAIRMONT STATE FOUNDATION INC

Tax-exempt · FAIRMONT, WV 26554

Financials

$2.1M$3.1M2022$3.5M$2.8M2023$6.7M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of FAIRMONT STATE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$6,704,275$3,318,104$3,386,171$46,647,162$469,216$46,177,946
June 30, 2024990$3,499,937$2,775,729$724,208$43,114,573$372,583$42,741,990
June 30, 2023990$2,055,165$3,133,054-$1,077,889$39,258,710$429,432$38,829,278
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,799,934
Program service revenue
$33,724
Investment income
$3,878,979
Net gain from sales of assets
$2,704,887
Net income from fundraising events
-$8,362
Other revenue
-$8,362

Expenses

Grants and similar amounts paid
$1,291,566
Compensation of officers, directors and key employees
$216,928
Other salaries and wages
$363,624
Salaries, compensation and benefits (total)
$688,096
Professional fundraising fees
$0
Accounting fees
$26,457
Occupancy
$26,236
Travel
$9,227
Depreciation
$11,240
Program services (functional)
$2,610,548
Management and general (functional)
$315,291
Fundraising (functional)
$392,265

Balance sheet and other

Total assets, start of year
$43,114,573
Total assets, end of year
$46,647,162
Total liabilities, end of year
$469,216
Net assets, end of year
$46,177,946
Land, buildings and equipment
$356,663
Publicly traded securities
$37,496,339
Net assets without donor restrictions
$3,049,175
Net assets with donor restrictions
$43,128,771
Gross receipts
$15,272,692
Employees
6
Volunteers
22
Year formed
1960
State of legal domicile
WV

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
RENEE ALLISONCOO
Officer
40$94,864$17,128
JESSE ISNERCFO
Officer
40$82,713$13,347
TAYLOR DOWNSVICE CHAIR
Trustee or director, Officer
2$0$0
KEVIN D WILFONGSECRETARY
Trustee or director, Officer
2$0$0
GARY BENNETTDIRECTOR
Trustee or director
2$0$0
KATHY MARTINDIRECTOR
Trustee or director
2$0$0
BRADY CAMPBELLDIRECTOR
Trustee or director
2$0$0
KIMBERLY PELILLOCHAIR
Trustee or director, Officer
2$0$0
CHAD RILEYDIRECTOR
Trustee or director
2$0$0
DR MIKE DAVISDIRECTOR
Trustee or director
2$0$0
MILLER L HALLDIRECTOR
Trustee or director
2$0$0
JOHN WILSONDIRECTOR
Trustee or director
2$0$0
COL BILL BLACKDIRECTOR
Trustee or director
2$0$0
SANTINO CAVADIRECTOR
Trustee or director
2$0$0
DR JACK KIRBYDIRECTOR
Trustee or director
2$0$0
9 more people on this return
NameTitleHours / weekCompensation
JOHN GUIDOTREASURER
Trustee or director, Officer
2$0
CHRISTINE MURPHYDIRECTOR
Trustee or director
2$0
JO MARIE PITROLODIRECTOR
Trustee or director
2$0
ADAM ROHALYDIRECTOR
Trustee or director
2$0
CHRISTINA LAVORATADIRECTOR
Trustee or director
2$0
ALETHEA MOODY WISEDIRECTOR
Trustee or director
2$0
NICHOLAS OXLEYDIRECTOR
Trustee or director
2$0
LINDA RUDYDIRECTOR
Trustee or director
2$0
DIXIE YANNDIRECTOR
Trustee or director
2$0
990 for the year ended June 30, 2024: 24 people
NameTitleHours / weekCompensationOther / benefits
RENEE ALLISONCOO
Officer
40$88,431$16,479
JESSE ISNERCFO
Officer
40$78,002$12,810
ANNE BOLYARDPRESIDENT
Officer
40$19,231$0
KIMBERLY K PELILLOVICE CHAIR
Trustee or director, Officer
2$0$0
KEVIN D WILFONGSECRETARY
Trustee or director, Officer
2$0$0
GARY BENNETTDIRECTOR
Trustee or director
2$0$0
KATHY MARTINDIRECTOR
Trustee or director
2$0$0
K ALEX MILLERDIRECTOR
Trustee or director
2$0$0
NICHOLAS OXLEYDIRECTOR
Trustee or director
2$0$0
CHAD RILEYDIRECTOR
Trustee or director
2$0$0
JAMES W DEVAULDIRECTOR
Trustee or director
2$0$0
MILLER L HALLDIRECTOR
Trustee or director
2$0$0
JOHN WILSONDIRECTOR
Trustee or director
2$0$0
SANTINO CAVADIRECTOR
Trustee or director
2$0$0
BRADY CAMPBELLDIRECTOR
Trustee or director
2$0$0
DR MIKE DAVISDIRECTOR
Trustee or director
2$0$0
JOHN GUIDOTREASURER
Trustee or director, Officer
2$0$0
CHRISTINE MURPHYDIRECTOR
Trustee or director
2$0$0
TAYLOR DOWNSDIRECTOR
Trustee or director
2$0$0
ADAM ROHALYDIRECTOR
Trustee or director
2$0$0
CHRISTINA LAVORATADIRECTOR
Trustee or director
2$0$0
ALETHEA MOODY WISEDIRECTOR
Trustee or director
2$0$0
DIXIE YANNCHAIR
Trustee or director, Officer
2$0$0
LINDA RUDYDIRECTOR
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
RENEE ALLISONCOO
Officer
40$84,737$14,737
JESSE ISNERCFO
Officer
40$70,517$15,382
KIMBERLY K PELILLOVICE CHAIR
Trustee or director, Officer
2$0$0
KEVIN D WILFONGSECRETARY
Trustee or director, Officer
2$0$0
GARY BENNETTDIRECTOR
Trustee or director
2$0$0
KATHY MARTINDIRECTOR
Trustee or director
2$0$0
K ALEX MILLERDIRECTOR
Trustee or director
2$0$0
NICHOLAS OXLEYCHAIR
Trustee or director, Officer
2$0$0
CHAD RILEYDIRECTOR
Trustee or director
2$0$0
JAMES W DEVAULDIRECTOR
Trustee or director
2$0$0
MILLER L HALLDIRECTOR
Trustee or director
2$0$0
JOHN WILSONDIRECTOR
Trustee or director
2$0$0
JEFFREY GUNTERDIRECTOR
Trustee or director
2$0$0
SUSAN HARPERDIRECTOR
Trustee or director
2$0$0
JARED ROGERSDIRECTOR
Trustee or director
2$0$0
ROGER STEWART IITREASURER
Trustee or director, Officer
2$0$0
CANNON WADSWORTHDIRECTOR
Trustee or director
2$0$0
TAYLOR DOWNSDIRECTOR
Trustee or director
2$0$0
JOHN GUIDODIRECTOR
Trustee or director
2$0$0
CHRISTINA LAVORATADIRECTOR
Trustee or director
2$0$0
DIANNA PHILLIPSDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
1300 LOCUST AVE, FAIRMONT, WV 26554-1436
In care of
% JESSE ISNER
Principal officer (990 for 2024)
LINDA RUDY, 1300 LOCUST AVENUE, FAIRMONT, WV 26555
Signed the 990
LINDA RUDY, AUDIT CHAIR
Phone
(304) 534-8786
Return prepared by
SUTTLE & STALNAKER PLLC

Mission

TO SOLICIT, RECEIVE, MANAGE, AND ADMINISTER GIFTS ON BEHALF OF FAIRMONT STATE UNIVERSITY.

990 for the year ended June 30, 2025

Program accomplishments

  • SUPPORT FOR FAIRMONT STATE UNIVERSITY STUDENTS AND FACULTY IN PROVIDING SCHOLARSHIPS, LOANS, AND FUNDING MATCHING REQUIREMENTS.
    Expenses $2,610,548 · grants $1,291,566 · revenue $33,724

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
55-6023559
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1962
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$46,647,162
Income (IRS master file)
$15,272,692

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$6,704,275$3,318,104$46,647,162IRS
990June 2024$3,499,937$2,775,729$43,114,573IRS
990June 2023$2,055,165$3,133,054$39,258,710XML
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 55-6023559).

Questions about FAIRMONT STATE FOUNDATION INC

What is the EIN of FAIRMONT STATE FOUNDATION INC?
The employer identification number (EIN) of FAIRMONT STATE FOUNDATION INC is 55-6023559.
Is FAIRMONT STATE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1962.
Are donations to FAIRMONT STATE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FAIRMONT STATE FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FAIRMONT STATE FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FAIRMONT STATE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FAIRMONT STATE FOUNDATION INC?
The 990 for the year ended June 30, 2025 names LINDA RUDY.
Who are the officers and directors of FAIRMONT STATE FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 24 people; 2 received compensation from the organization, the highest $94,864 (RENEE ALLISON, COO).
How much revenue does FAIRMONT STATE FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $6,704,275, expenses of $3,318,104 and total assets of $46,647,162 at year end.

Other nonprofits in FAIRMONT

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