Bishop Russell J Mcvinney Memorial Foundation
- Assets
- $1.2m
- Revenue
- $15.6k
- Investments
- $1.1m
- Employees
- 0
- Location
- Providence, RI
- Founding
- 10/1974
- Data as of
- 12/2023
- EIN
- 23-7399394
Organization Overview
Bishop Russell J Mcvinney Memorial Foundation is located in Providence, RI. The organization was established in 1974. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bishop Russell J Mcvinney Memorial Foundation 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 12/2023, Bishop Russell J Mcvinney Memorial Foundation generated $15.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $55.8k during the year ending 12/2023. 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 |
|---|---|---|---|
Joseph Mcgair President | 1 | $0 | |
Cynthia Deangelis Vice President | 1 | $0 | |
Roger Johnson Treasurer | 1 | $0 | |
Michael Benson Secretary | 1 | $0 | |
Richard Smith Financial Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,100 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,547 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $13,641 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,647 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,820 |
| Printing and publications | $0 |
| Other expenses | $752 |
| Total operating and administrative expenses | $14,492 |
| Contributions, gifts, grants paid | $41,284 |
| Total expenses and disbursements | $55,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,679 |
| Savings and temporary cash investments | $35,924 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,169,269 |
| 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 |