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Filing year 2024

OLD TOWN FAIRFAX BUSINESS ASSOCIATION

Fairfax, Virginia·EIN 46-0897041·NTEE S40 · Community Improvement & Capacity Building·6
Total revenue
$403k
Total assets
$197k
Total expenses
$279k
Reported officers
12
Mission

The Old Town Fairfax Business Association (OTFBA) reorganized in 2018 with a steering committee of business and property owners in the Historic Old Town Fairfax and Transition Overlay Districts and the City of Fairfax Office of Economic Development support to:- identify the OTFBA commercial district and assess immediate needs- communicate with leaders among commercial businesses and property owners- organize the OTFBA - plan events to promote the businesses in the Old Town area and - build community support through partnerships and coalitionsAs a volunteer-based organization, the OTFBA advocates for Old Town Fairfaxs business community, champions development that preserves the communitys historic integrity, supports its Arts, Culture & Entertainment programs, and promotes an urban, pedestrian-friendly shopping / dining environment.Future Activities:Hosting annual events such as a Taste of Old Town, Art Walk-About, Heritage Village on Main Street, and business awards programAdministerin

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Former Exec Dir
Officer (Unspecified)
$37k
$39k
Executive Dir.
Officer (Unspecified)
$20k
$21k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at OLD TOWN FAIRFAX BUSINESS ASSOCIATION equaled 13% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
13%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,143 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 28%
from 2023

From $51k in 2023 to $37k in 2024.

$51k
2023
$37k
2024
In today's dollarsEst.
Down 30% in real terms$56k to $39k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about OLD TOWN FAIRFAX BUSINESS ASSOCIATION

What are OLD TOWN FAIRFAX BUSINESS ASSOCIATION's revenue and expenses?

In 2024, OLD TOWN FAIRFAX BUSINESS ASSOCIATION reported $403k in total revenue and $279k in total expenses on its IRS Form 990.

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