Nonprofits›Block Island Economic Development Foundation Inc
Housing & Shelter
Block Island Economic Development Foundation Inc
BLOCK ISLAND, RI
Total revenue
$76K
Total expenses
$89K
Net assets
$223K
Grants received
—
EIN
050381201
Tax year
2024
Mission
The Foundation's mission is to improve economic and social conditions for residents of Block Island.BIED has built and manages a community center that provides childcare and senior activities, operates an art gallery for local residents and rents residential units to residents.
Financials
FY 2024
Revenue
Contributions & grants$18K
Program service revenue$7K
Investment income$520
Other revenue$50K
Total revenue$76K
Expenses
Grants paid—
Salaries & benefits$13K
Fundraising—
Other expenses$76K
Total expenses$89K
Total assets$373K
Net assets$223K
People
8 listed
NameRoleCompensation
Gerald Pierce
President
Board
—
3 hrs/wk
Rebecca Brown
Secretary/Treasurer
Board
—
2 hrs/wk
Roberta McCormick
Director
Board
—
1 hrs/wk
Linda Spak
Director
Board
—
1 hrs/wk
Gail Pierce
Director
Board
—
1 hrs/wk
Jennifer Taubman
Director
Board
—
1 hrs/wk
Monica Hull-Shea
Vice President
Board
—
2 hrs/wk
Amadeus Mafosi
Director
Board
—
1 hrs/wk
Details
EIN050381201
NTEE codeL80
Subsection03
Ruling date2014-05
Formed1977
Employees0
Volunteers0