Loading organization details...
Loading organization details...
CAPITOL MARKET IS A 501(C)(3) NONPROFIT THAT SERVES AS A RETAIL, COMMUNITY, AND ECONOMIC HUB FOR THE KANAWHA VALLEY AND BEYOND. HOUSED IN A TURN-OF-THE-CENTURY RAIL DEPOT, CAPITOL MARKET IS TASKED WITH SUPPORTING SMALL BUSINESSES AND WEST VIRGINIA FARMERS THROUGH PROVIDING A UNIQUE RETAIL AND TOURIST DESTINATION IN THE HEART OF DOWNTOWN CHARLESTON.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS Form 990 via ProPublica Nonprofit Explorer
Total Revenue
▼$1.1M
Total Contributions
$585.4K
Total Expenses
▼$910.4K
Total Assets
$2.9M
Total Liabilities
▼$226.6K
Net Assets
$2.7M
Officer Compensation
→$80K
Other Salaries
$105.4K
Investment Income
▼$4,252
Fundraising
▼$13.8K
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$2M
Awards Found
4
Department of Housing and Urban Development
$1.2M
PURPOSE: ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING/CONGRESSIONAL DIRECTED SPENDING AWARDS ARE AUTHORIZED UNDER THE CONSOLIDATED APPROPRIATIONS ACT, 2022 PUBLIC LAW 117-328 AND THE EXPLANATORY STATEMENT FOR DIVISION L OF THAT ACT. PROJECTS SELECTED FOR COMMUNITY PROJECT FUNDING/CONGRESSIONAL DIRECTED SPENDING ARE LISTED IN THE JOINT EXPLANATORY STATEMENT (JES) THAT ACCOMPANIES A SPECIFIC FISCAL YEAR’S APPROPRIATIONS ACT OR CONGRESSIONAL RECORD. THE JES LISTS PROJECT, RECIPIENT, STATE, AMOUNT AND CONGRESSIONAL SPONSOR.; ACTIVITIES TO BE PERFORMED: ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING/CONGRESSIONALLY DIRECTED SPENDING AWARD PROJECTS INCLUDE A WIDE VARIETY OF ACTIVITIES THAT RESULT IN ECONOMIC DEVELOPMENT OR COMMUNITY DEVELOPMENT OUTCOMES. HUD WILL NOT KNOW THE FULL SCOPE OF THE PROJECT UNTIL THE RECIPIENT SUBMITS THE REQUIRED PROJECT NARRATIVE AND CONFIRMS ALIGNMENT WITH THE LANGUAGE AS PROVIDED IN THE CONGRESSIONAL RECORD. TO FIND THE DETAILS OF THE GRANT AWARD AS WRITTEN WITHIN THE CONGRESSIONAL RECORD USE THE FOLLOWING LINK AND PATH SELECTIONS TO GET TO THE DESCRIPTION OF THE ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING GRANTS HTTPS://WWW.HUD.GOV/PROGRAM_OFFICES/COMM_PLANNING/EDI-GRANTS, SELECT THE FISCAL YEAR OF INTEREST, SCROLL DOWN TO PROGRAM LAWS AND REGULATIONS, UNDER FISCAL YEAR 20XX CONSOLIDATED APPROPRIATIONS ACT, 20XX: CONGRESSIONAL RECORD (JOINT EXPLANATORY STATEMENT).; EXPECTED OUTCOMES: COMPLETION OF THE PROJECT AS DESCRIBED IN THE JOINT EXPLANATORY STATEMENT (JES) PROJECT DESCRIPTION AND SUBSEQUENT APPROVED PROJECT NARRATIVE.; INTENDED BENEFICIARIES: THE PROJECT BENEFICIARIES ARE THE INDIVIDUALS AND/OR ORGANIZATIONS THAT ARE AWARDED GRANT FUNDS OR SERVED BY THE ENTITIES THAT ARE AWARDED GRANT FUNDS AS IDENTIFIED IN THE JES RECIPIENT OR PROJECT DESCRIPTION SECTIONS.; SUBRECIPIENT ACTIVITIES: THE SUBRECIPIENT ACTIVITIES ARE UNKNOWN AT THE TIME OF AWARD.
Department of Energy
$713K
CAPITOL MARKET, A 501 (C)3 NON-PROFIT, LOCATED IN CHARLESTON, WEST VIRGINIA WILL CONSTRUCT A SOLAR POWERED MICRO-GRID TO POWER OUR YEAR-ROUND, INDOOR-OUTDOOR PUBLIC MARKET. OUR MISSION IS TO SUPPORT SMALL BUSINESSES AND FARMERS IN WEST VIRGINIA. AS SUCH, WE SUBSIDIZE ALL UTILITIES, INCLUDING THE YEARLY COST OF ELECTRICITY CONSUMPTION. BESIDES PAYROLL, OUR SINGLE LARGEST EXPENSE IS THE COST OF ELECTRICITY, WHICH RANGES FROM $80,000 TO $90,000, ANNUALLY. GIVEN THE LARGE FOOTPRINT AND UNIQUE ORIENTATION OF CAPITOL MARKET, SOLAR POWER GENERATION WILL VIRTUALLY ELIMINATE OUR ELECTRICITY COSTS WHILE PROVIDING A BACKUP SOURCE OF POWER NOT CURRENTLY OFFERED. FURTHER, WE WILL HAVE CREATED THE LARGEST SOLAR MICRO-GRID WITHIN THE STATE OF WEST VIRGINIA AND SERVE AS AN EXAMPLE FOR OTHER SIMILAR PROJECTS WITHIN OUR COMMUNITY. THE PV PANELS WILL PROVIDE APPROXIMATELY 381 KW-DC OF POWER, AND THE BATTERY WILL PROVIDE APPROXIMATELY 253,900 KW-DC.
Department of Agriculture
$95K
RBDG RURAL BUSINESS COOP RURAL ENTERPRISE GRANT
Department of Agriculture
$20K
THIS GRANT SUPPORTS THE COSTS INCURRED TO IMPLEMENT MEASURES TO RESPOND TO THE NOVEL CORONAVIRUS 2019 (COVID-19), WHICH MAY INCLUDE WORKPLACE SAFETY, MARKET PIVOTS, RETROFITTING FACILITIES, TRANSPORTATION, WORKER HOUSING, AND MEDICAL EXPENSES. IT PROVIDES NEEDED RELIEF TO THE FOOD PROCESSORS, DISTRIBUTORS, FARMERS MARKETS, AND PRODUCERS FOR THEIR COSTS INCURRED BETWEEN JANUARY 27, 2020, THE DATE UPON WHICH THE PUBLIC HEALTH EMERGENCY WAS DECLARED BY THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICE (HHS) UNDER SECTION 319 OF THE PUBLIC HEALTH SERVICE ACT, AND DECEMBER 31, 2021. BENEFICIARIES INCLUDE THE EMPLOYEES OF THE FOOD PROCESSORS, DISTRIBUTORS, FARMERS MARKETS, AND PRODUCERS.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Source: IRS e-Filed Form 990
No officer or director compensation data available for this organization.
This data is sourced from IRS Form 990, Part VII. It may not be available if the organization files Form 990-N (e-Postcard) or has not yet been enriched.
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $1.1M | $585.4K | $910.4K | $2.9M | $2.7M |
| 2022 | $738.3K | $235.2K | $718.9K | $2.8M | $2.5M |
| 2021 | $693.3K | $211.1K | $640.1K | $2.8M | $2.5M |
| 2020 | $655.6K | $250.3K | $567.8K | $2.7M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS Form 990 via ProPublica Nonprofit Explorer (Tax Year 2023)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File · ProPublica Nonprofit Explorer
Tax-deductibility: IRS Publication 78
| $2.5M |
| 2019 | $618.1K | $201.9K | $567.5K | $2.7M | $2.4M |
| 2018 | $634.7K | $193.7K | $677.8K | $2.7M | $2.3M |
| 2017 | $667.1K | $202.2K | $610.5K | $2.7M | $2.4M |
| 2016 | $590.9K | $158.2K | $603.2K | $2.7M | $2.3M |
| 2015 | $561.9K | $180.8K | $567.8K | $2.6M | $2.3M |
| 2014 | $530.3K | $154.8K | $565.4K | $2.6M | $2.3M |
| 2013 | $525.4K | $157.7K | $539K | $2.6M | $2.4M |
| 2012 | $529.8K | $178.2K | $496.5K | $2.7M | $2.4M |
| 2011 | $504K | $153.3K | $484.1K | $2.5M | $2.3M |
PDF not yet published by IRSView Filing → |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data | PDF not yet published by IRS |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |