Civic Intelligence

Woonsocket Neighborhood Development Corp Neighborworks Blackstone River Valley

990 • Fiscal year 2022 • EIN 22-2907602

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 09, 2023

Organization ProfileWWW.NEIGHBORWORKSBRV.ORG

View Organization Page

719 Front Street 103Woonsocket, RI 02895

(401) 762-0993

Siviq Scores

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

Liabilities / Assets

87th percentile

0.78x

Higher debt load relative to assets than 87% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

94th percentile

5.74x

Higher debt load relative to revenue than 94% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

62nd percentile

12%

Higher net margin than 62% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

23rd percentile

$153,632

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

74th percentile

12%

Faster asset growth than 74% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

78th percentile

26%

Faster revenue growth than 78% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$27,502,471

Up $2,862,828 (+12%) from 2021

Net Assets

Up

$5,987,275

Up $444,918 (+8.0%) from 2021

Liabilities

Up

$21,515,196

Up $2,417,910 (+13%) from 2021

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin62nd percentile

Revenue

Up

$3,749,387

Up $783,599 (+26%) from 2021

Expenses

Up

$3,304,469

Up $522,926 (+19%) from 2021

Net Income

Up

$444,918

Up $260,673 (+141%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$40M$30M$20M$10M$0Assets 2010: $27,213,679Liabilities 2010: $14,240,000Net Assets 2010: $12,973,6792010Assets 2011: $30,587,000Liabilities 2011: $13,177,737Net Assets 2011: $17,409,2632011Assets 2012: $31,085,681Liabilities 2012: $14,263,703Net Assets 2012: $16,821,9782012Assets 2013: $30,332,328Liabilities 2013: $13,350,976Net Assets 2013: $16,981,3522013Assets 2014: $30,672,483Liabilities 2014: $13,898,758Net Assets 2014: $16,773,7252014Assets 2015: $32,025,589Liabilities 2015: $14,856,709Net Assets 2015: $17,168,8802015Assets 2016: $25,032,486Liabilities 2016: $17,777,256Net Assets 2016: $7,255,2302016Assets 2017: $22,984,855Liabilities 2017: $17,448,369Net Assets 2017: $5,536,4862017Assets 2018: $23,133,851Liabilities 2018: $17,802,459Net Assets 2018: $5,331,3922018Assets 2019: $22,953,712Liabilities 2019: $17,982,255Net Assets 2019: $4,971,4572019Assets 2020: $24,150,927Liabilities 2020: $18,727,815Net Assets 2020: $5,423,1122020Assets 2021: $24,639,643Liabilities 2021: $19,097,286Net Assets 2021: $5,542,3572021Assets 2022: $27,502,471Liabilities 2022: $21,515,196Net Assets 2022: $5,987,2752022Assets 2023: $23,595,419Liabilities 2023: $20,087,726Net Assets 2023: $3,507,6932023Assets 2024: $26,513,123Liabilities 2024: $22,551,764Net Assets 2024: $3,961,3592024

Highlighted filing

2022

Assets$27,502,471
Liabilities$21,515,196
Net Assets$5,987,275
Open 2022 Filing

Operations Trend

Revenue Growth78th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $1,443,3112010Revenue 2011: $6,002,765Expenses 2011: $2,041,181Net Income 2011: $3,961,5842011Expenses 2012: $2,670,1082012Revenue 2013: $2,613,108Expenses 2013: $2,453,734Net Income 2013: $159,3742013Revenue 2014: $1,937,926Expenses 2014: $2,978,053Net Income 2014: -$1,040,1272014Revenue 2015: $4,380,175Expenses 2015: $3,985,018Net Income 2015: $395,1572015Revenue 2016: $3,952,204Expenses 2016: $2,110,551Net Income 2016: $1,841,6532016Revenue 2017: $3,622,092Expenses 2017: $2,771,535Net Income 2017: $850,5572017Revenue 2018: $3,628,583Expenses 2018: $2,603,833Net Income 2018: $1,024,7502018Revenue 2019: $2,538,278Expenses 2019: $2,568,807Net Income 2019: -$30,5292019Revenue 2020: $3,212,949Expenses 2020: $2,709,688Net Income 2020: $503,2612020Revenue 2021: $2,965,788Expenses 2021: $2,781,543Net Income 2021: $184,2452021Revenue 2022: $3,749,387Expenses 2022: $3,304,469Net Income 2022: $444,9182022Revenue 2023: $2,634,991Expenses 2023: $5,260,655Net Income 2023: -$2,625,6642023Revenue 2024: $3,481,641Expenses 2024: $3,027,975Net Income 2024: $453,6662024

Highlighted filing

2022

Revenue$3,749,387
Expenses$3,304,469
Net Income$444,918
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$3,749,387
Mission and Program Overview

Mission

Real estate development for low income families

Neighborworks blackstone river valley (nwbrv) is a nonprofit community development corporation that works with residents, businesses, neighborhood institutions, partners and communities to enrich neighborhood life and make affordable housing opportunities available throughout the blackstone river valley.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$13,474,506$13,474,506→ $0
Land, Buildings, and Equipment, Net$1,684,733$1,535,743▼ $148,990
Savings and Temporary Cash Investments$390,649$494,469▲ $103,820
Accounts Receivable$870,131$406,564▼ $463,567
Cash and Non-Interest-Bearing Accounts$186,906$204,538▲ $17,632
Prepaid Expenses and Deferred Charges$10,601$7,566▼ $3,035
Total Assets$24,639,643$27,502,471▲ $2,862,828
Other Assets Total$8,022,117$11,379,085▲ $3,356,968
Liabilities
Mortgage Notes Payable Secured by Investment Property$18,745,592$20,248,623▲ $1,503,031
Accounts Payable and Accrued Expenses$342,519$958,025▲ $615,506
Other Liabilities$9,175$308,548▲ $299,373
Total Liabilities$19,097,286$21,515,196▲ $2,417,910
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,278,266$4,283,876▲ $5,610
Net Assets With Donor Restrictions$1,264,091$1,703,399▲ $439,308
Total Net Assets Fund Balance$5,542,357$5,987,275▲ $444,918
Total Liabilities and Net Assets / Fund Balance$24,639,643$27,502,471▲ $2,862,828

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,246,108$961,145$2,207,253
Leasehold Improvements$260,250$335,718$595,968
Land$29,385-$29,385
Investment Program Related Org$13,474,506--
Other Assets Org$59,133--
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph GarlickExecutive DirectorFT$118,060$35,572$153,632

Board Members and Trustees

NameTitle
Richard Kyte JrPresident
Nancy GiambussoVice President
Ambrea AllenDirector
Katie L PhungDirector
Michael SkeldonDirector
Nancy BenoitDirector
Nancy ParadeeDirector
Randall SacilottoDirector
Barbara DechristofaroDirector (until 2022)
Madeline SilvaDirector (until 2022)
Emma DandySecretary
Paul M DumouchelTreasurer
Gabrielle PrescottTreasurer (until 2022)

Highest Paid Contractors

ContractorServicesLocationCompensation
Ed Wojcik Architect LtdArchitect1 RICHMOND SQUARE 100K, Providence, RI 02906$238,960
Aa Wrecking CompanyConstruction1307 HARTFORD AVE, Johnston, RI 02919$138,590
Raz Heating And Plumbing INCContractor13A VICTORY HWY, Foster, RI 02825$119,002
Revenue and Support

Revenue Composition

Contributions and Grants
$3,358,620
Program Service Revenue
$390,021
Investment Income
$0
Other Revenue
$746
All Other Contributions
$1,832,074
Change in Net Assets
$444,918

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$338,300Fair Market Value (FMV)
Total Noncash Contributions1$338,300-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,221,909
Other Expenses$1,082,560
Total Fundraising Expense$7,682
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,515,770$98,054-$1,613,824
Occupancy$358,773$13,058-$371,831
Other Employee Benefits$248,970$24,944-$273,914
Fees for Services Other$207,691$3,733-$211,424
Payroll Taxes$156,202--$156,202
Current Officers, Directors, Trustees, and Key Employees$76,816$69,134$7,682$153,632
Depreciation Depletion$148,992--$148,992
Fees for Services Accounting$56,302--$56,302
Pension Plan Contributions$12,169$12,168-$24,337
Office Expenses$21,151$3,010-$24,161
Other Expenses$13,357$24,369-$13,357
Interest-$4,607-$4,607
Total Functional Expenses$3,028,424$268,363$7,682$3,304,469
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$308,548
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Wndc delegates control of their limited partnership portfolio to property management companies.”

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

“The 990 is distributed to the board of directors for review and approval before it is filed.”

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

“Board members sign an annual conflict of interest form each year.”

Form 990, Part VI, Section C, Line 19

“Wndc's governing documents, conflict of interest policy, and financial statements are availible to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Woonsocket Neighborhood Development
EIN
22-2907602
Phone
4017620993
Address
719 FRONT STREET 103, WOONSOCKET, RI 02895
Doing Business As
Neighborworks Blackstone River Vall

Signing Officer

Name
Joseph Garlick
Title
Executive Director
Phone
4017620993
Signed
2023-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Garlick
Formed
1987
Legal Domicile
Ri
Voting Board Members
10
Independent Board Members
10
Employees
64
Volunteers
10

Preparer

Firm
Aafcpas Inc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Michael Pruell CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Wndc accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the consolidating financial statements regarding a tax position taken or expected to be taken in a tax return. Wndc has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the consolidating financial statements at december 31, 2022.”

Raw XML AppendixShowing 400 of 820 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/ActivityOrMissionDesc0NEIGHBORWORKS BLACKSTONE RIVER VALLEY (NWBRV) IS A NONPROFIT COMMUNITY DEVELOPMENT CORPORATION THAT WORKS WITH RESIDENTS, BUSINESSES, NEIGHBORHOOD INSTITUTIONS, PARTNERS AND COMMUNITIES TO ENRICH NEIGHBORHOOD LIFE AND MAKE AFFORDABLE HOUSING OPPORTUNITIES AVAILABLE THROUGHOUT THE BLACKSTONE RIVER VALLEY.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER (UNTIL 2022)
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR (UNTIL 2022)
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR (UNTIL 2022)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt01390669
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03749387
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt04607
IRS990/InterestGrp/TotalAmt04607
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt013474506
IRS990/InvestmentsProgramRelatedGrp/EOYAmt013474506
IRS990/IRPDocumentCnt0117
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01296863
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01684733
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01535743
IRS990/LandBldgEquipCostOrOtherBssAmt02832606
IRS990/LegalDomicileStateCd0RI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION D/B/A NEIGHBORWORKS BLACKSTONE RIVER VALLEY'S (WNDC) PRIMARY PURPOSE IS TO DEVELOP, OWN, MANAGE, FINANCE AND PRESERVE DECENT, SAFE AND AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES AND INDIVIDUALS IN THE BLACKSTONE RIVER VALLEY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt018745592
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt020248623
IRS990/NetAssetsOrFundBalancesBOYAmt05542357
IRS990/NetAssetsOrFundBalancesEOYAmt05987275
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04278266
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04283876
IRS990/NoncashContributionsAmt0338300
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt013058
IRS990/OccupancyGrp/ProgramServicesAmt0358773
IRS990/OccupancyGrp/TotalAmt0371831
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03010
IRS990/OfficeExpensesGrp/ProgramServicesAmt021151
IRS990/OfficeExpensesGrp/TotalAmt024161
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08022117
IRS990/OtherAssetsTotalGrp/EOYAmt011379085
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024944
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0248970
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0273914
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/Desc2PROGRAM AND CLIENT EXPE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015286
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt124369
IRS990/OtherExpensesGrp/ProgramServicesAmt0212231
IRS990/OtherExpensesGrp/ProgramServicesAmt113357
IRS990/OtherExpensesGrp/TotalAmt0227517
IRS990/OtherExpensesGrp/TotalAmt124369
IRS990/OtherExpensesGrp/TotalAmt213357
IRS990/OtherLiabilitiesGrp/BOYAmt09175
IRS990/OtherLiabilitiesGrp/EOYAmt0308548
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0746
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0746
IRS990/OtherRevenueTotalAmt0746
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt098054
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01515770
IRS990/OtherSalariesAndWagesGrp/TotalAmt01613824
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0156202
IRS990/PayrollTaxesGrp/TotalAmt0156202
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt012168
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012169
IRS990/PensionPlanContributionsGrp/TotalAmt024337
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010601
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07566
IRS990/PrincipalOfficerNm0JOSEPH GARLICK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0925120
IRS990/ProgramServiceRevenueGrp/BusinessCd1925120
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/Desc0RESIDENT AND PROGRAM S
IRS990/ProgramServiceRevenueGrp/Desc1DEVELOPER FEES
IRS990/ProgramServiceRevenueGrp/Desc2PROJECT REIMBURSEMENTS
IRS990/ProgramServiceRevenueGrp/Desc3RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0162470
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1124989
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt272823
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt329739
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0162470
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1124989
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt272823
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt329739
IRS990/ProgSrvcAccomActy2Grp/Desc0HOMEOWNERSHIP: OUR HOMEOWNERSHIP CENTER ASSISTED OVER 59 BUYERS PURCHASE THEIR FIRST HOME AND ASSISTED ANOTHER 22 HOMEOWNERS SAVE THEIR HOME FROM FORECLOSURE. THE PROGRAM ALSO ASSISTED ANOTHER 263 HOUSEHOLDS WITH HOMEBUYER EDUCATION AND COUNSELING.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0670275
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0162470
IRS990/ProgSrvcAccomActy3Grp/Desc0COMMUNITY BUILDING AND ENGAGEMENT: THE PROGRAM DEPLOYED 10 AMERICORPS MEMBERS THAT PROVIDED HOUSING STABILIZATION SERVICES TO 671 RHODE ISLANDERS. THE MILLRACE KITCHEN PROVIDED A HOME TO 32 START-UP FOOD BUSINESSES. THE LEVITT AMP WOONSOCKET MUSIC SERIES ENRICHED THE LIVES OF 2700+ ATTENDEES. THE K-12TH GRADE LEARNING CENTERS CONTINUED TO SUPPORT AREA YOUTH.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01278787
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt029739
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ASSET MANAGEMENT: STAFF CONTINUE TO MANAGE THE PORTFOLIO TO MINIMIZEVACANCIES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0366201
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0746
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02702025
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-249013
IRS990/PYOtherExpensesAmt01018634
IRS990/PYOtherRevenueAmt079275
IRS990/PYProgramServiceRevenueAmt0433501
IRS990/PYRevenuesLessExpensesAmt0184245
IRS990/PYSalariesCompEmpBnftPaidAmt01762909
IRS990/PYTotalExpensesAmt02781543
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02965788
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0444918
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0197812
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0390649
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0494469
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03358620
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02702025
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02599381
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01554499
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02750890
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012965415
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt019204
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08825
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0959
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt087401
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0116389
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03819732
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99110
IRS990ScheduleA/PublicSupportPY170Pct00.98440
IRS990ScheduleA/PublicSupportTotal170Amt012965415
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03358620
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02702025
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02599381
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01554499
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02750890
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012965415
IRS990ScheduleA/TotalSupportAmt013081804
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01246108
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0961145
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02207253
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt013474506

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$27,502,471
Liabilities
$21,515,196
Net assets
$5,987,275
Revenue
$3,749,387
Expenses
$3,304,469
Net income
$444,918
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.5$22.6$3.96$3.48$3.03$0.45
2023Detailed filing. Detailed filing data is available for this year.$23.6$20.1$3.51$2.63$5.26$2.63
2022Detailed filing. Detailed filing data is available for this year.$27.5$21.5$5.99$3.75$3.30$0.44
2021Detailed filing. Detailed filing data is available for this year.$24.6$19.1$5.54$2.97$2.78$0.18
2020Detailed filing. Detailed filing data is available for this year.$24.2$18.7$5.42$3.21$2.71$0.50
2019Detailed filing. Detailed filing data is available for this year.$23.0$18.0$4.97$2.54$2.57$0.03
2018Detailed filing. Detailed filing data is available for this year.$23.1$17.8$5.33$3.63$2.60$1.02
2017Detailed filing. Detailed filing data is available for this year.$23.0$17.4$5.54$3.62$2.77$0.85
2016Detailed filing. Detailed filing data is available for this year.$25.0$17.8$7.26$3.95$2.11$1.84
2015Detailed filing. Detailed filing data is available for this year.$32.0$14.9$17.2$4.38$3.99$0.40
2014Detailed filing. Detailed filing data is available for this year.$30.7$13.9$16.8$1.94$2.98$1.04
2013Detailed filing. Detailed filing data is available for this year.$30.3$13.4$17.0$2.61$2.45$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.1$14.3$16.8$2.67
2011Summary only. Only limited summary data is available for this year.$30.6$13.2$17.4$6.00$2.04$3.96
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.2$14.2$13.0$1.44