Woonsocket Rotary Charities Foundation Inc
- Assets
- $235.7k
- Revenue
- $20.9k
- Investments
- $226.4k
- Employees
- 0
- Location
- Woonsocket, RI
- Founding
- 07/1991
- Data as of
- 06/2022
- EIN
- 22-3115037
Organization Overview
Woonsocket Rotary Charities Foundation Inc is located in Woonsocket, RI. The organization was established in 1991. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woonsocket Rotary Charities Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Woonsocket Rotary Charities Foundation Inc generated $20.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $21.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Dubois President | 0 | $0 | |
David Lahousse Vice Preside | 0 | $0 | |
Aram Jarret Secretary | 0 | $0 | |
Kathleen Shatraw Trustee | 0 | $0 | |
Lisa Carcifero Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,100 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,768 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,000 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,868 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $310 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $186 |
| Total operating and administrative expenses | $2,408 |
| Contributions, gifts, grants paid | $19,257 |
| Total expenses and disbursements | $21,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,267 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $226,436 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $235,703 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Woonsocket Rotary Charities Foundation Inc has awarded $19,257 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
UKRAINE ROTARY CLUB PURPOSE: GRANT | $5,000 |
ADAM DUBOIS PURPOSE: SCHOLARSHIP | $3,000 |
JESSICA PLANTE PURPOSE: SCHOLARSHIP | $3,000 |
LOGAN TUPPER PURPOSE: SCHOLARSHIP | $2,000 |
JOLIE FORREST PURPOSE: SCHOLARSHIP | $2,000 |
SHAILYN KENNEDY PURPOSE: SCHOLARSHIP | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Hartford Ridesharing Corporation Bloomfield, CT | $7,224,593 | $6,566,228 |
Duet Inc Boston, MA | $6,806,173 | $2,616,940 |
Beverly Bootstraps Community Services Inc Beverly, MA | $4,894,230 | $3,812,674 |
Social Finance CT Family Stability 2016 Manager Inc Boston, MA | $0 | $11,166,196 |
Healing Abuse Working For Change Inc Salem, MA | $2,882,980 | $2,538,476 |
Hyde Square Task Force Inc Jamaica Plain, MA | $8,812,597 | $3,096,731 |
Willow Tree Fund Boston, MA | $12,605,168 | $497,869 |
Natick Service Council Inc Natick, MA | $3,603,173 | $2,091,683 |
International Association Of Lions Clubs Terryville, CT | $8,506 | $440,442 |
Coastal Connections Inc Amesbury, MA | $4,041,627 | $1,656,896 |
Coalition For A Prosperous Americainc Sheffield, MA | $785,707 | $1,562,784 |
New England Learning Center For Women In Transition Inc Greenfield, MA | $1,565,134 | $1,775,208 |