Logo for "WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION"

WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION

WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION

Woonsocket, RI, US
501(c)3
EIN
22-2907602
Logo for "WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION"

WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION

Woonsocket, RI, US
501(c)3
EIN
22-2907602

Overview

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Est.

1987

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Woonsocket Neighborhood Development Corporation, operating under the mission of NeighborWorks Blackstone River Valley, is a nonprofit community development organization focused on enhancing neighborhood life and providing affordable housing opportunities throughout the Blackstone River Valley. With an operating budget of $3 million and total revenue of $3.5 million for the 2024 filing year, the organization collaborates with residents, businesses, and local institutions to drive community development. Notably, it does not rely on a single funder for 50% or more 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
N
Nancy Giambusso
Board Member
R
Richard Kyte Jr
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.
Overview
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