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Woonsocket Neighborhood Development Corporation

Woonsocket Neighborhood Development Corporation

Woonsocket, RI 02895
Tax ID22-2907602

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About this organization

Revenue

$2,538,278

Expenses

$2,568,807

Mission

We are a community development corporation that works with residents, businesses, neighborhood institutions, partners and communities to enrich neighborhood life and make affordable housing opportunities available throughout Northern Rhode Island.

About

Real estate development: Over the course of 2019, the third and fourth phases of the self-housing project continued with the final fifteen homes. Several other projects in the real estate development pipeline also advanced with predevelopment work and project fundraising.

Interesting data from their 2020 990 filing

According to the filing documents, the non-profit's mission is defined as “Woonsocket neighborhood development corporation d/b/a neighborworks blackstone river valley's (wndc) primary purpose is to develop, own, manage, finance and preserve decent, safe and affordable housing for low-income families and individuals in the blackstone river valley.”.

When referring to its tasks, they were referred to as: “Neighborworks blackstone river valley (nwbrv) is a nonprofit community development corporation that works with residents, businesses, neighborhood institutions, partners and communities to enrich neighborhood life and make affordable housing opportunities available throughout the blackstone river valley.”.

  • The non-profit's state of operation has been legally reported as RI.
  • According to the latest filing, the non-profit's address in 2020 is 719 FRONT STREET SUITE 103, WOONSOCKET, RI, 02895.
  • The total number of employees reported by the non-profit on their form for 2020 is 70.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$30,529.
  • The organization has 11 independent voting members.
  • The organization was formed in 1987.
  • The organization pays $1,782,897 in salary, compensation, and benefits to its employees.
  • The organization pays $6,493 in fundraising expenses.

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