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Daffy

Mosaico Business & Community Development Corporation

Mosaico Business & Community Development Corporation

Bristol, RI
Tax ID27-3089703

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$602,528

Expenses

$572,439

Mission

Community purpose ownership, management, and development of real estate. To rehabilitate and execute long-term management of the historic site known as the Bristol Industrial Park. The goals of the organization are to rehabilitate the property in consideration of its historic character and economic development potential to the region. To perform rehabilitation of Bristol Industrial Park for use by local businesses to help bring jobs to the area and improve the community and neighborhood the park borders.

About

Necessary remediation and renovations in order to have the property removed from the blighted list, to offer competitively-priced, attractive industrial, business, and commercial space, and to provide advisory and consulting services to assist with economic development in a severely depressed neighborhood where low to moderate income individuals predominate.

Interesting data from their 2018 990 filing

According to the filing, the non-profit's mission is “Community purpose ownership, management, and development of real estate. to rehabilitate and execute long-term management of the historic site known as the bristol industrial park. the goals of the organization are to rehabilitate the property in consideration of its historic character and economic development potential to the region. to perform rehabilition of bristol industrial park for use by local businesses to help bring jobs to the area and improve the community and neighborhod the park boarders.”.

When referring to its actions, they were described as: “Community purpose ownership, management, and development of real estate. to rehabilitate and execute long-term management of the historic site known as the bristol industrial park. the goals of the organization are to rehabilitate the property in consideration of its historic character and economic development potential to the region. to perform rehabilition of bristol industrial park for use by local businesses to help bring jobs to the area and improve the community and neighborhod the park boarders.”.

  • According to the law, the state of operation reported by the non-profit is RI.
  • As per the filing, the address of the non-profit for 2018 is 500 WOOD STREET, BRISTOL, RI, 02809.
  • According to their form, the non-profit as of 2018 has a total of 7 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $30,089.
  • The CEO compensation plan of the organization is determined by an independent party's review and approval.
  • The organization has 9 independent voting members.
  • The organization was formed in 2010.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization pays $165,016 in salary, compensation, and benefits to its employees.
  • The organization pays $8,490 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.