Fairfield Facilities Corporation

Organization Overview

Fairfield Facilities Corporation is located in Winnsboro, SC. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairfield Facilities Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 06/2021, Fairfield Facilities Corporation generated $896.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $917.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE CORPORATION IS ORGANIZED AND OPERATED AS A NONPROFIT PUBLIC BENEFIT CORPORATION, WITH NO MEMBERS, WITH A PERPETUAL DURATION AND SUCCESSION IN ORDER TO CONSTRUCT AND MAINTAIN PUBLIC BUILDINGS AND FACILITIES, AND LESSEN THE BURDENS OF FAIRFIELD COUNTY, SOUTH CAROLINA WHICH MAY INCLUDE THROUGH THE ISSUANCE OF DEBT, THE PURCHASE OF REAL AND PERSONAL PROPERTY AND THE FINANCING, DEVELOPING, CONSTRUCTING, ACQUIRING, INSTALLING AND OPERATING CERTAIN PUBLIC FACILITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SERIES 2013A TAXABLE BONDS USED TO FINANCE THE COSTS OF THE COUNTY'S CONSTRUCTION AND ACQUISITION OF CERTAIN FACILITIES TO BE USED BY THE COUNTY, INCLUDING A PORTION OF THE WALTER BROWN II INDUSTRIAL PARK WITH INVESTMENT BUILDING.


SERIES 2013B TAX-EXEMPT BONDS WILL BE USED TO FINANCE THE COST OF INCREASING THE COUNTY COURTHOUSE, COUNTY ADMINISTRATION/SHERIFF/E-911 BUILDING, COMMERCE CENTER, VARIOUS FIRE PROTECTION FACILITIES AND VARIOUS RECREATIONAL FACILITIES.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Robert Drake
Chairman/president
$0
Donnie Laird
Vice Chair/secretary-Treas
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$895,238
Investment income $1,021
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $896,259

Create an account to unlock the data you need.

or