Overview

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Est.

1987

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Woonsocket Neighborhood Development Corporation is a nonprofit community development organization focused on housing services in the Blackstone River Valley. With an operating budget of $3 million and total revenue of $3.5 million, it collaborates with residents, businesses, and community partners to enhance neighborhood life and provide affordable housing opportunities. Major funding comes from organizations such as Neighborhood Reinvestment Corporation and Local Initiatives Support Corporation, among others, ensuring a diverse funding base without reliance on a single source for over 50% of its revenue. For more information, visit www.neighborworksbrv.org.

Mission Statement

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.
Revenues
$3.5M
Expenses
$3M
Net Income:
+$453.7K
Assets
$26.5M
Liabilities
$22.6M
Net Assets:
+$4M
Operating Budget
$3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$155K
Largest grant received
$276.3K
J
Joseph Garlick
Board Member
E
Emma Dandy
Board Member
M
Michael Skeldon
Board Member

Frequently Asked Questions

What is WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION’s budget?
In 2024, WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION reported an annual operating budget of around $3 million. More detailed financial information is available to registered users.
What causes does WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION support?
WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION supports work in Housing services.
Where does WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION operate?
WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION is headquartered in Woonsocket, RI.
Who funded WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION recently?
In 2024, WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION received grants from NEIGHBORHOOD REINVESTMENT CORPORATION, LOCAL INITIATIVES SUPPORT CORPORATION, and WASHINGTON TRUST CO CHARITABLE FDN. More information on this organization’s funders is available to registered users.
What is the largest grant WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION received in 2024?
The largest grant to WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION in 2024 exceeds $276 thousand.
What is WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION’s reliance on government grants?
WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION relied on government grants for more than 20% of their total revenue in 2024.