Civic Intelligence

Jobs for Fall River Inc

990 • Fiscal year 2021 • EIN 04-2655817

Jul 01, 2020 to Jun 30, 2021 • Filed on May 16, 2022

Organization ProfileBRISTOLCOUNTYEDC.COM
139 South Main Street No 400Fall River, MA 02721

(508) 324-2620

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

67th percentile

0.35x

Higher debt load relative to assets than 67% of similar nonprofits.

2021 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

76th percentile

1.51x

Higher debt load relative to revenue than 76% of similar nonprofits.

2021 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2021

Net Margin

81st percentile

58%

Higher net margin than 81% of similar nonprofits.

2021 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

65th percentile

$214,819

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2021 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2021

Asset Growth

68th percentile

15%

Faster asset growth than 68% of similar nonprofits.

2021 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

93rd percentile

317%

Faster revenue growth than 93% of similar nonprofits.

2021 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$11,824,089

Up $1,525,182 (+15%) from 2020

Net Assets

Up

$7,640,647

Up $1,607,017 (+27%) from 2020

Liabilities

Down

$4,183,442

Down $81,835 (-1.9%) from 2020

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin81st percentile

Revenue

Up

$2,763,476

Up $2,100,570 (+317%) from 2020

Expenses

Up

$1,156,459

Up $87,645 (+8.2%) from 2020

Net Income

Up

$1,607,017

Up $2,012,925 (+496%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $14,828,739Liabilities 2011: $6,676,160Net Assets 2011: $8,152,5792011Assets 2012: $16,667,930Liabilities 2012: $8,643,958Net Assets 2012: $8,023,9722012Assets 2013: $16,307,405Liabilities 2013: $8,564,444Net Assets 2013: $7,742,9612013Assets 2014: $14,949,526Liabilities 2014: $7,409,268Net Assets 2014: $7,540,2582014Assets 2015: $12,873,213Liabilities 2015: $5,899,236Net Assets 2015: $6,973,9772015Assets 2016: $12,044,101Liabilities 2016: $5,036,536Net Assets 2016: $7,007,5652016Assets 2017: $12,204,744Liabilities 2017: $4,998,287Net Assets 2017: $7,206,4572017Assets 2018: $12,016,770Liabilities 2018: $4,937,758Net Assets 2018: $7,079,0122018Assets 2019: $10,602,274Liabilities 2019: $4,162,736Net Assets 2019: $6,439,5382019Assets 2020: $10,298,907Liabilities 2020: $4,265,277Net Assets 2020: $6,033,6302020Assets 2021: $11,824,089Liabilities 2021: $4,183,442Net Assets 2021: $7,640,6472021Assets 2022: $10,855,631Liabilities 2022: $3,065,247Net Assets 2022: $7,790,3842022Assets 2023: $10,598,026Liabilities 2023: $2,967,254Net Assets 2023: $7,630,7722023Assets 2024: $10,067,879Liabilities 2024: $2,962,116Net Assets 2024: $7,105,7632024Assets 2025: $7,678,698Liabilities 2025: $2,751,080Net Assets 2025: $4,927,6182025

Highlighted filing

2021

Assets$11,824,089
Liabilities$4,183,442
Net Assets$7,640,647
Open 2021 Filing

Operations Trend

Revenue Growth93rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2011: $1,124,6862011Expenses 2012: $1,163,9962012Revenue 2013: $966,002Expenses 2013: $1,247,013Net Income 2013: -$281,0112013Revenue 2014: $936,390Expenses 2014: $1,139,093Net Income 2014: -$202,7032014Revenue 2015: $801,832Expenses 2015: $1,323,978Net Income 2015: -$522,1462015Revenue 2016: $959,047Expenses 2016: $925,459Net Income 2016: $33,5882016Revenue 2017: $1,057,566Expenses 2017: $858,674Net Income 2017: $198,8922017Revenue 2018: $1,193,459Expenses 2018: $1,320,904Net Income 2018: -$127,4452018Revenue 2019: $568,192Expenses 2019: $1,207,666Net Income 2019: -$639,4742019Revenue 2020: $662,906Expenses 2020: $1,068,814Net Income 2020: -$405,9082020Revenue 2021: $2,763,476Expenses 2021: $1,156,459Net Income 2021: $1,607,0172021Revenue 2022: $1,626,254Expenses 2022: $1,476,517Net Income 2022: $149,7372022Revenue 2023: $1,157,861Expenses 2023: $1,317,473Net Income 2023: -$159,6122023Revenue 2024: $1,120,696Expenses 2024: $1,645,705Net Income 2024: -$525,0092024Revenue 2025: $1,013,688Expenses 2025: $3,191,833Net Income 2025: -$2,178,1452025

Highlighted filing

2021

Revenue$2,763,476
Expenses$1,156,459
Net Income$1,607,017
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.2
Gross Receipts
$2,763,476
Mission and Program Overview

Mission

The organization's mission is to promote prosperity and the general welfare of the citizens of the city of fall river by stimulating economic and industrial growth and expansion in the area to include the city of fall river and the towns of freetown, somerset and westport.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$3,123,441$4,744,201▲ $1,620,760
Land, Buildings, and Equipment, Net$4,236,640$4,257,891▲ $21,251
Savings and Temporary Cash Investments$2,511,129$2,211,984▼ $299,145
Cash and Non-Interest-Bearing Accounts$254,428$295,120▲ $40,692
Accounts Receivable$103,877$140,924▲ $37,047
Pledges and Grants Receivable-$106,985-
Intangible Assets$48,827$48,827→ $0
Prepaid Expenses and Deferred Charges$20,565$18,157▼ $2,408
Total Assets$10,298,907$11,824,089▲ $1,525,182
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,826,716$3,772,412▼ $54,304
Unsecured Notes Loans Payable$250,000$250,000→ $0
Accounts Payable and Accrued Expenses$121,418$155,655▲ $34,237
Other Liabilities$64,000$0▼ $64,000
Escrow Account Liability$3,143$5,375▲ $2,232
Total Liabilities$4,265,277$4,183,442▼ $81,835
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,563,809$4,436,134▲ $872,325
Net Assets Without Donor Restrictions$2,469,821$3,204,513▲ $734,692
Total Net Assets Fund Balance$6,033,630$7,640,647▲ $1,607,017
Total Liabilities and Net Assets / Fund Balance$10,298,907$11,824,089▲ $1,525,182

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,104,709$3,548,484$7,653,193
Equipment$18,182$127,591$145,773
Land$135,000-$135,000
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kenneth FiolaExecutive Vice PresidentFT$199,890$15,147$215,037

Board Members and Trustees

NameTitle
Frank MarchionePresident
James M KaramVice President
Ron RusinClerk
Bruce FernandesMember at Large
Francisco J CabralMember at Large
Fred M FrancoMember at Large
James P SabraMember at Large
James WallaceMember at Large
John SilvaMember at Large
Kenneth R RezendesMember at Large
Maria Ferreira-bedardMember at Large
Mark CordeiroMember at Large
Michael BenevidesMember at Large
Michael BushellMember at Large
Michael LundMember at Large
Michelle PelletierMember at Large
Paul C BurkeMember at Large
Paul S MedeirosMember at Large
Rebecca CollinsMember at Large
Robert MongeonMember at Large
Carlos a DacunhaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,978,812
Program Service Revenue
$777,975
Investment Income
$4,461
Other Revenue
$2,228
Change in Net Assets
$1,607,017

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,763,476
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,763,476
Total Revenue per Form 990
$2,763,476
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$697,616
Salaries, Compensation, and Employee Benefits$458,843
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$241,755$6,867-$248,622
Current Officers, Directors, Trustees, and Key Employees-$217,972-$217,972
Depreciation Depletion$192,420$1,058-$193,478
Other Salaries and Wages$114,007$67,773-$181,780
Interest$77,003$191-$77,194
Insurance$57,272$895-$58,167
Fees for Services Accounting-$29,261-$29,261
Payroll Taxes$27,960--$27,960
Other Employee Benefits$23,512$2,909-$26,421
Office Expenses$20,444$5,425-$25,869
Advertising$20,012--$20,012
Other Expenses$13,990$2,088-$16,078
Fees for Services Other$4,043$1,947-$5,990
Pension Plan Contributions$2,973$1,737-$4,710
Fees for Services Legal$3,642$910-$4,552
Travel$1,251$773-$2,024
Total Functional Expenses$800,284$356,175$0$1,156,459

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,156,459
Total Expenses per Audited Statements$1,156,459
Total Expenses per Form 990$1,156,459
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The organization contemporaneously documents meetings held by the finance committee but does not do so for meetings of the executive committee. The executive committee, consisting of the officers of the organization, meets monthly and does not keep minutes; an agenda of each meeting is prepared and maintained. The executive committee does have the authority, granted by the board of directors, to approve raises and the financial statement audit. Approval of such is either documented in memo form or contract and approvals are noted at the next board of directors meeting.”

Form 990, Part VI, Section B, Line 11B

“Executive director reviews the form 990 and submits the form for approval by the executive committee.”

Form 990, Part VI, Section B, Line 12C

“Each member of the board of directors receives a copy of the conflict of interest policy and annually is required to return provided statement that they have read this policy and to state whether any conflicts exist and if so what conflicts there are.”

Form 990, Part VI, Section B, Line 15A

“Executive committee approves compensation of executive director per approval of the board. Compensation is recorded by contract over five year period. See schedule j.”

Form 990, Part VI, Section C, Line 18

“All forms are available upon request. Form 990 is also available at www.guidestar.org.”

Form 990, Part VI, Section C, Line 19

“A copy of the bylaws is available upon request and after consideration. The conflict of interest policy is available upon request. The articles of incorporation are available via the office of the secretary of the commonwealth of massachusetts. Copies of financial statements are available upon request and are also accessible online through the commonwealth of massachusetts division of public charities.”

Filing and Contact Details

Filer

Filer Name
Jobs for Fall River Inc
EIN
04-2655817
Phone
5083242620
Address
139 SOUTH MAIN STREET NO 400, FALL RIVER, MA 02721
Doing Business As
Bristol County Edc

Signing Officer

Name
Frank Marchione
Title
President
Phone
5083242620
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Marchione
Formed
1978
Legal Domicile
Ma
Voting Board Members
21
Independent Board Members
21
Employees
4
Volunteers
21

Preparer

Firm
Cohnreznick Llp
Address
10 FORBES ROAD STE 200, BRAINTREE, MA 02184
Preparer
Jolanta Tuck CPA
Phone
7813803520
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“The escrow liability at the end of the year was $5,375.”

Raw XML AppendixShowing 400 of 558 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt18MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt19MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt20MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt21MEMBER AT LARGE
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IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
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IRS990/GovernmentGrantsAmt01978812
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02763476
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
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IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
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IRS990/InsuranceGrp/ManagementAndGeneralAmt0895
IRS990/InsuranceGrp/ProgramServicesAmt057272
IRS990/InsuranceGrp/TotalAmt058167
IRS990/IntangibleAssetsGrp/BOYAmt048827
IRS990/IntangibleAssetsGrp/EOYAmt048827
IRS990/InterestGrp/ManagementAndGeneralAmt0191
IRS990/InterestGrp/ProgramServicesAmt077003
IRS990/InterestGrp/TotalAmt077194
IRS990/InvestmentIncomeGrp/ExclusionAmt04461
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04461
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03676075
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04236640
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04257891
IRS990/LandBldgEquipCostOrOtherBssAmt07933966
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt02228
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt02228
IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO PROMOTE PROSPERITY AND THE GENERAL WELFARE OF THE CITIZENS OF THE CITY OF FALL RIVER BY STIMULATING ECONOMIC AND INDUSTRIAL GROWTH AND EXPANSION IN THE AREA TO INCLUDE THE CITY OF FALL RIVER AND THE TOWNS OF FREETOWN, SOMERSET AND WESTPORT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03826716
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03772412
IRS990/NetAssetsOrFundBalancesBOYAmt06033630
IRS990/NetAssetsOrFundBalancesEOYAmt07640647
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02469821
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03204513
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06867
IRS990/OccupancyGrp/ProgramServicesAmt0241755
IRS990/OccupancyGrp/TotalAmt0248622
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05425
IRS990/OfficeExpensesGrp/ProgramServicesAmt020444
IRS990/OfficeExpensesGrp/TotalAmt025869
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02909
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt023512
IRS990/OtherEmployeeBenefitsGrp/TotalAmt026421
IRS990/OtherExpensesGrp/Desc0BAD DEBTS EXPENSE
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL AND MA
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016369
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12088
IRS990/OtherExpensesGrp/ProgramServicesAmt013990
IRS990/OtherExpensesGrp/TotalAmt016369
IRS990/OtherExpensesGrp/TotalAmt116078
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt064000
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt02228
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt067773
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0114007
IRS990/OtherSalariesAndWagesGrp/TotalAmt0181780
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03123441
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt04744201
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt027960
IRS990/PayrollTaxesGrp/TotalAmt027960
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01737
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02973
IRS990/PensionPlanContributionsGrp/TotalAmt04710
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0106985
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020565
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018157
IRS990/PrincipalOfficerNm0FRANK MARCHIONE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1541610
IRS990/ProgramServiceRevenueGrp/BusinessCd2522200
IRS990/ProgramServiceRevenueGrp/BusinessCd3522200
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL RECEIPTS
IRS990/ProgramServiceRevenueGrp/Desc1MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc2INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc3LOAN ORIG.& SERV. FEES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1211736
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2198227
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt355735
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0312277
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1211736
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2198227
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt355735
IRS990/ProgSrvcAccomActy2Grp/Desc0LENDING PROGRAMS, ORIGINATING FROM FEDERAL AND PRIVATE GRANTS OR LOANS: THE ORGANIZATION MAKES LOANS TO ELIGIBLE LOCAL BUSINESSES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0288146
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0256190
IRS990/ProgSrvcAccomActy3Grp/Desc0PROPERTY RESTORATION ACTIVITIES: AT ITS INCEPTION, IT WAS TO RESTORE AND PRESERVE THE LINCOLN PARK CAROUSEL, A PHILADELPHIA TOBOGGAN COMPANY CAROUSEL CONSTRUCTED IN 1920. THE CAROUSEL WAS FULLY RESTORED AND OPERATIONAL IN 1985. THIS LOCAL LANDMARK WAS PLACED AT THE CITY'S WATERFRONT NEXT TO BATTLESHIP COVE. EFFECTIVE JULY 1, 2021, THE CAROUSEL WILL BE LEASED AND OPERATED BY FALL RIVER CAROUSEL CREAMERY. REVENUES DERIVED FROM ITS OPERATION ARE KEPT AND REPORTED BY THE UMMC AND APPLIED TO THEIR COSTS OF OPERATIONS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt082328
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ECONOMIC DEVELOPMENT ACTIVITIES THAT INCLUDE ASSISTING LOCAL COMPANIES WITH THEIR EXPANSION PLANS OR OTHER BUSINESS CONCERNS: MARKETING THE CITY OF FALL RIVER WORLDWIDE, IN ORDER TO PURSUE NEW BUSINESS INVESTMENT OR OTHER SIMILAR INITIATIVES.
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0211736
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt09054
IRS990/PYOtherExpensesAmt0630734
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0653852
IRS990/PYRevenuesLessExpensesAmt0-405908
IRS990/PYSalariesCompEmpBnftPaidAmt0438080
IRS990/PYTotalExpensesAmt01068814
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0662906
IRS990/ReconcilationRevenueExpnssAmt01607017
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0312277
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02511129
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02211984
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,824,089
Liabilities
$4,183,442
Net assets
$7,640,647
Revenue
$2,763,476
Expenses
$1,156,459
Net income
$1,607,017
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.68$2.75$4.93$1.01$3.19$2.18
2024Detailed filing. Detailed filing data is available for this year.$10.1$2.96$7.11$1.12$1.65$0.53
2023Detailed filing. Detailed filing data is available for this year.$10.6$2.97$7.63$1.16$1.32$0.16
2022Detailed filing. Detailed filing data is available for this year.$10.9$3.07$7.79$1.63$1.48$0.15
2021Detailed filing. Detailed filing data is available for this year.$11.8$4.18$7.64$2.76$1.16$1.61
2020Detailed filing. Detailed filing data is available for this year.$10.3$4.27$6.03$0.66$1.07$0.41
2019Detailed filing. Detailed filing data is available for this year.$10.6$4.16$6.44$0.57$1.21$0.64
2018Detailed filing. Detailed filing data is available for this year.$12.0$4.94$7.08$1.19$1.32$0.13
2017Detailed filing. Detailed filing data is available for this year.$12.2$5.00$7.21$1.06$0.86$0.20
2016Detailed filing. Detailed filing data is available for this year.$12.0$5.04$7.01$0.96$0.93$0.03
2015Detailed filing. Detailed filing data is available for this year.$12.9$5.90$6.97$0.80$1.32$0.52
2014Detailed filing. Detailed filing data is available for this year.$14.9$7.41$7.54$0.94$1.14$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.3$8.56$7.74$0.97$1.25$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.7$8.64$8.02$1.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$6.68$8.15$1.12