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Woonsocket Neighborhood Development Corporation

Neighborworks Blackstone River Vall

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

EIN: 222907602 ✦ Woonsocket, RI ✦ Designated as a 501(c)(3)

Overview

What is Woonsocket Neighborhood Development Corporation?

Woonsocket Neighborhood Development Corporation, functioning under the name NeighborWorks Blackstone River Valley, is a dedicated nonprofit community development corporation. Their primary mission is to create affordable housing opportunities and enrich neighborhood life in the Blackstone River Valley region. In 2022, they continued the third and fourth phases of the Self-Housing Project, completing fifteen homes, and also advanced other real estate development projects with predevelopment work and funding. The corporation's employee count stands at 64 individuals.


Official website here: www.neighborworksbrv.org

Is Woonsocket Neighborhood Development Corporation legitimate?

Woonsocket Neighborhood Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woonsocket Neighborhood Development Corporation 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: $153,632
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,613,824

For more financial information, click here


Official website here: www.neighborworksbrv.org

What is the mission statement of Woonsocket Neighborhood Development Corporation?

The Woonsocket Neighborhood Development Corporation, operating under the name NeighborWorks Blackstone River Valley, is committed to enhancing neighborhood life and making affordable housing opportunities available throughout the Blackstone River Valley. Their primary mission, as Woonsocket Neighborhood Development Corporation (WNDC), is to develop, manage, finance, and preserve decent, safe, and affordable housing for low-income families and individuals in the same region. In 2022, the organization continued its Self-Housing Project with the final fifteen homes and advanced several other real estate development projects through predevelopment work and project funding.


Official website here: www.neighborworksbrv.org

Who is the CEO of Woonsocket Neighborhood Development Corporation?

Joseph Garlick is the Executive Director of Woonsocket Neighborhood Development Corporation.


Official website here: www.neighborworksbrv.org

What is the revenue of Woonsocket Neighborhood Development Corporation?

Woonsocket Neighborhood Development Corporation's revenue in 2022 was $3,749,387.


Official website here: www.neighborworksbrv.org

Who are the executives of Woonsocket Neighborhood Development Corporation and what are their salaries?

The average compensation at Woonsocket Neighborhood Development Corporation during 2022 was $27,616. There are 64 employees and 10 volunteers at Woonsocket Neighborhood Development Corporation.

Here are 14 key members and their salaries:

    Joseph Garlick (Executive Director)
  • Compensation: $118,060
  • Related: $0
  • Other: $35,572

    • Richard Kyte Jr (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Giambusso (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul M Dumouchel (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gabrielle Prescott (Treasurer (Until 2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emma Dandy (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Skeldon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Benoit (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Paradee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randall Sacilotto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ambrea Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katie L Phung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Dechristofaro (Director (Until 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Madeline Silva (Director (Until 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.neighborworksbrv.org

    Where can I find the form 990 for Woonsocket Neighborhood Development Corporation?

    The Woonsocket Neighborhood Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.neighborworksbrv.org

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

    Mission Statement of Woonsocket Neighborhood Development Corporation

    Woonsocket Neighborhood Development Corporation, doing business as NeighborWorks Blackstone River Valley (WNDC), is a nonprofit community development corporation committed to enriching neighborhood life and providing affordable housing opportunities throughout the Blackstone River Valley. Their primary purpose is to develop, own, manage, finance, and preserve decent, safe, and affordable housing for low-income families and individuals in the region. By undertaking various real estate development projects and initiatives, WNDC works towards making affordable housing a reality for numerous families and individuals, contributing significantly to community development efforts.

    Impact

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




    Thursday, August 15, 2024

    Woonsocket Neighborhood Development Corporation, operating under the name NeighborWorks Blackstone River Valley, actively enriches neighborhood life and expands affordable housing opportunities throughout the Blackstone River Valley. Through its real estate development initiatives, particularly the completion of the final fifteen homes in the self-housing project and advancement of other projects in the pipeline, WNDC has made significant strides in fulfilling its mission of providing decent, safe, and affordable housing for low-income families and individuals in the region. This impact is crucial in addressing housing challenges and improving the quality of life for residents in Woonsocket and beyond.





    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: $0
  • Program Service Revenue: $390,021
  • Gross Receipts: $3,749,387

    • Assets and Liabilities:
  • Total Assets: $27,502,471
  • Total Liabilities: $21,515,196
  • Net Assets: $5,987,275
  • Programs

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

    RESIDENT AND PROGRAM S

    Revenue

    $162,470

    DEVELOPER FEES

    Revenue

    $124,989

    PROJECT REIMBURSEMENTS

    Revenue

    $72,823

    RENTAL INCOME

    Revenue

    $29,739

    Organization Details

    Founding Year

    1987

    Principal Officer

    Joseph Garlick

    Main Address

    719 FRONT STREET 103, WOONSOCKET, RI, 02895

    NTEE Category

    Code: L800 - Housing

    If you are a representative of Woonsocket Neighborhood Development Corporation 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.