Rhode Island League Of Cities And Towns
- Assets
- $1.0m
- Revenue
- $771.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Providence, RI
- Founding
- 08/1976
- Data as of
- 06/2022
- EIN
- 05-0354857
Organization Overview
Rhode Island League Of Cities And Towns is located in Providence, RI. The organization was established in 1976. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, Rhode Island League Of Cities And Towns employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rhode Island League Of Cities And Towns is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Rhode Island League Of Cities And Towns generated $771.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $732.2k during the year ending 06/2022. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS REPRESENTING THE COLLECTIVE BEST INTERESTS OF THE STATE OF RHODE ISLAND'S THIRTY-NINE (39) POLITICAL SUBDIVISIONS BEFORE STATE DEPARTMENTS AND AGENCIES, THE STATE LEGISLATURE AND THE FEDERAL GOVERNMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TESTIMONY IS GIVEN BEFORE LEGISLATURE & COMMITTEES TO EXPLAIN THE IMPACT UPON CITIES & TOWNS. THE LEAGUE REPRESENTS LOCAL INTERESTS ON NUMEROUS BOARDS, AGENCIES, COUNCILS AND COMMISSIONS WHOSE PURPOSE IS TO STUDY, MONITOR OR REGULATE GOVERNMENT ACTIVITY. IN ADDITION, THE LEAGUE ASSISTS MUNICIPAL OFFICIALS AND ITS MEMBERS IN FULFULLING THEIR RESPONSIBILITIES BY PROVIDING TECHNICAL ASSISTANCE, SHARING INFORMATION, AND CONDUCTING TRAINING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Daniels Thru Nov 2021 Former Executive Director | 40 | $136,928 | |
Ernest Almonte From May 2022 Executive Director | OfficerTrustee | 40 | $0 |
Charles Lombardi President | OfficerTrustee | 2 | $0 |
Andrew Nota Vice President | OfficerTrustee | 2 | $0 |
Jorge Elorza Vice President | OfficerTrustee | 2 | $0 |
Lisa Baldelli-Hunt Vice President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $422,775 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $422,775 |
| Total Program Service Revenue | $343,292 |
| Investment income | $298 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $771,090 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $93,978 |
| Compensation of current officers, directors, key employees. | $24,434 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $237,617 |
| Pension plan accruals and contributions | $20,361 |
| Other employee benefits | $50,184 |
| Payroll taxes | $25,278 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,251 |
| Advertising and promotion | $0 |
| Office expenses | $36,415 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,825 |
| Travel | $770 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,527 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,828 |
| Insurance | $7,378 |
| All other expenses | $0 |
| Total functional expenses | $732,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $998,165 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,840 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,957 |
| Net Land, buildings, and equipment | $8,500 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,135 |
| Total assets | $1,021,597 |
| Accounts payable and accrued expenses | $57,076 |
| Grants payable | $0 |
| Deferred revenue | $27,800 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $84,876 |
| Net assets without donor restrictions | $936,721 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,021,597 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Represent Us Education Fund Florence, MA | $5,093,695 | $9,149,766 |
Massachusetts Bankers Association Inc Boston, MA | $14,284,129 | $6,144,783 |
Massachusetts Budget And Policy Center Inc Boston, MA | $3,360,889 | $3,539,190 |
Connecticut Bankers Association Farmington, CT | $4,069,202 | $2,135,467 |
Rhode Island League Of Cities And Towns Providence, RI | $1,021,597 | $771,090 |
The Shareholder Commons Inc Northampton, MA | $953,532 | $1,453,696 |
Massachusetts Mortgage Bankers Association Inc Boston, MA | $1,052,704 | $497,712 |
Youth Advocacy Foundation Inc Boston, MA | $1,441,164 | $883,485 |
North Atlantic Rail Advocates Inc Providence, RI | $500 | $257,500 |
Asian Entrepreneurship Foundation Boston, MA | $111,532 | $264,110 |
Massachusetts Military Heroes Fund Norfolk, MA | $248,026 | $278,097 |
Alewife Transportation Management Assoc Woburn, MA | $93,024 | $197,157 |