West Virginia · Nonprofit
CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA
CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA (West Virginia) receives grants from 3 organizations whose IRS filings report $801,252 to it, the largest being CADCO FOUNDATION INC ($777,252). 2 of them have funded it in more than one year.
- Revenue FY2024
- $2.7M
- Funders on record
- 3
- Grants received
- $801k
- Net assets
- $8.2M
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 29% · 2021 19% · 2022 67% · 2023 40% · 2024 44%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 reported years ran a deficit.
reserve
Who funds it, year by year
2020 → 2023: the base held at 1 funder, grant income fell $206k → $20k.
From the IRS filings of CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA’s funders (the co-funder graph). Association, not causation.
How concentrated its funding is
CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA leans on a few funders — its largest provides 97% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2020 100% · 2021 98% · 2022 97% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.
Where its funders are
100% of CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA's grant income comes from West Virginia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing.
Government funding CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $13.1M on record.
- Department of Commerce$13.1M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In West Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
76% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 3 related entities
- CADCO Foundation Inc · exempt
- Enterprise Properties Inc · exempt
- Interregional Chamber of Commerce Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA?
- CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA (West Virginia) receives grants from 3 organizations whose IRS filings report $801,252 to it, the largest being CADCO FOUNDATION INC ($777,252). 2 of them have funded it in more than one year.
- How many funders does CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA have?
- IRS filings report 3 organizations giving $801,252 in grants to CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA, 2 of which have funded it in more than one year.
- Who is the largest funder of CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA?
- CADCO FOUNDATION INC is the largest funder on record, with $777,252 in grants. The full list of funders is on this page.
- How can an organization like CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in West Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. What this page cannot tell you · view filing