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Provport Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050479488 ✦ Providence, RI ✦ Designated as a 501(c)(3)

Overview

What is Provport Inc?

ProvPort Inc is a community-focused economic development organization, situated in Rhode Island. Their primary mission revolves around the growth and development of the Port of Providence. By working towards this objective, ProvPort contributes to the urban economy of the region, aiming to enhance its overall prosperity and potential.


Official website here: www.provport.com

Is Provport Inc legitimate?

Provport Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Provport Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $225,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.provport.com

What is the mission statement of Provport Inc?

ProvPort Inc, as an urban community economic development organization, is committed to the advancement of the Port of Providence in Rhode Island. Their mission is primarily focused on this development project, with the aim of contributing positively to the local economy and community. They work towards creating opportunities and fostering growth within the port, without providing specific details about the nature of these developments.


Official website here: www.provport.com

Who is the CEO of Provport Inc?

William Brody Esq is the Chairman of Provport Inc.


Official website here: www.provport.com

What is the revenue of Provport Inc?

Provport Inc's revenue in 2022 was $11,716,204.


Official website here: www.provport.com

Who are the executives of Provport Inc and what are their salaries?

The average compensation at Provport Inc during 2022 was $225,000. There are 1 employees at Provport Inc.

Here are 8 key members and their salaries:

    William Brody Esq (Secretary/General Counsel)
  • Compensation: $192,000
  • Related: $0
  • Other: $33,000

    • Paul Moura (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Fabrizio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Lopes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Mcgonale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Newhart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sabina Matos (Director (As Of 4/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hilary Fagan (Director (As Of 4/22))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.provport.com

    Where can I find the form 990 for Provport Inc?

    The Provport Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.provport.com

    Learn more at the official website: www.provport.com

    Mission Statement of Provport Inc

    ProvPort Inc, a dedicated urban community economic development organization, is committed to the advancement of the Port of Providence in Rhode Island. Their mission is to spearhead the development of this port, aiming to foster economic growth and opportunities within the community. ProvPort Inc serves as a catalyst for transformation, working tirelessly to enhance the potential of the Port of Providence.

    Impact

    This information is meant to be a general summary of Provport Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Provport Inc's impact can be seen through its dedicated efforts in developing the Port of Providence in Rhode Island. By focusing on urban and community economic development, Provport Inc plays a crucial role in contributing to the growth and revitalization of the city. Through its initiatives and activities, Provport Inc helps enhance the economic prospects of Providence and its residents, promoting community improvement and sustainable development in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-1,988,849
  • Program Service Revenue: $13,705,053
  • Gross Receipts: $18,708,527

    • Assets and Liabilities:
  • Total Assets: $45,314,013
  • Total Liabilities: $25,011,780
  • Net Assets: $20,302,233
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TENANT LEASES

    Revenue

    $4,912,328

    DOCKAGE

    Revenue

    $3,001,558

    WHARFAGE

    Revenue

    $2,993,953

    ALL OTHER PROGRAM SERVICE REVENUE

    Revenue

    $1,094,297

    CRANE USAGE

    Revenue

    $944,065

    Organization Details

    Founding Year

    1994

    Principal Officer

    William Brody Esq

    Main Address

    35 TERMINAL ROAD 200, PROVIDENCE, RI, 02905

    NTEE Category

    Code: S310 - Community improvement

    If you are a representative of Provport Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.