Independence Square Foundation

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

EIN: 222527265 ✦ Pawtucket, RI ✦ Designated as a 501(c)(3)

Overview

What is Independence Square Foundation?

The Independence Square Foundation is a nonprofit organization, specifically a management group, that offers top-notch office spaces, program facilities, meeting rooms, and cost-sharing services to various non-profit organizations. Their primary focus is on supporting non-profit entities that cater to the needs of individuals with disabilities, ensuring they have the suitable work environments they deserve despite potential budget constraints. Operating from facilities in Pawtucket and Kingston, Rhode Island, the Independence Square Foundation plays a crucial role in promoting and enabling the success of these non-profit entities.


Official website here: www.isfne.org

Is Independence Square Foundation legitimate?

Independence Square Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independence Square Foundation 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: $185,611
Professional Fundraising Fees: $0
Other Salaries and Wages: $168,722

For more financial information, click here


Official website here: www.isfne.org

What is the mission statement of Independence Square Foundation?

The Independence Square Foundation is a non-profit management organization that aims to support other non-profit organizations serving people with disabilities. It strives to provide these organizations with high-quality office spaces, program facilities, meeting rooms, and cost-shared office services. The foundation understands that these organizations may not be able to afford such facilities on their own and seeks to bridge this gap. By doing so, the Independence Square Foundation aims to enhance the working environments of these non-profits, thereby enabling them to better serve their communities.


Official website here: www.isfne.org

Who is the CEO of Independence Square Foundation?

John J Padien Iii is the Treasurer of Independence Square Foundation.


Official website here: www.isfne.org

What is the revenue of Independence Square Foundation?

Independence Square Foundation's revenue in 2022 was $1,793,257.


Official website here: www.isfne.org

Who are the executives of Independence Square Foundation and what are their salaries?

The average compensation at Independence Square Foundation during 2022 was $35,433. There are 10 employees at Independence Square Foundation.

Here are 7 key members and their salaries:

    John J Padien Iii (Executive Director)
  • Compensation: $185,611
  • Related: $0
  • Other: $0

    • Mark Saccoccio (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William J Szafarowickz (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael R Benoit (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul M Depace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henrique T Pedro (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas E Hodge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.isfne.org

    Where can I find the form 990 for Independence Square Foundation?

    The Independence Square Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.isfne.org

    Learn more at the official website: www.isfne.org

    Mission Statement of Independence Square Foundation

    The Independence Square Foundation, Inc., serves as a non-profit management organization, dedicated to enhancing the work environments and facilities for other charitable organizations. This organization, specifically focusing on non-profits that cater to individuals with disabilities, provides them with top-notch office spaces, program facilities, meeting rooms, and cost-shared office services. By doing so, it ensures that these organizations can operate in an environment that matches their stature, yet may not be financially feasible for them to achieve independently.

    Impact

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




    Thursday, August 15, 2024

    The Independence Square Foundation provides non-profit caregiver organizations with top-tier work environments and facilities that they may not be able to afford on their own. By offering state-of-the-art office space, program facilities, meeting rooms, and cost-shared office services, particularly to organizations serving people with disabilities, the foundation enables these non-profits to focus on their mission without the burden of high operating costs. Through its work in Pawtucket and Kingston, Rhode Island, the Independence Square Foundation plays a crucial role in supporting and enhancing the impact of non-profit organizations dedicated to improving the lives of individuals with disabilities.





    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: $15,704
  • Program Service Revenue: $1,803,914
  • Gross Receipts: $1,793,257

    • Assets and Liabilities:
  • Total Assets: $9,128,284
  • Total Liabilities: $6,051,270
  • Net Assets: $3,077,014
  • Programs

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

    RENTAL OF FACILITIES

    Revenue

    $1,792,644

    SHARED SERVICE FEES

    Revenue

    $11,270

    Organization Details

    Founding Year

    1984

    Principal Officer

    John J Padien Iii

    Main Address

    500 PROSPECT STREET, PAWTUCKET, RI, 02860

    NTEE Category

    Code: Q30 - International

    If you are a representative of Independence Square Foundation 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.