Block Island Economic Development Foundation Inc
BLOCK ISLAND, RI
Total revenue
—
Total expenses
$89K
Net assets
—
Grants received
—
EIN
222956223
Tax year
2024
Mission
The Foundation (BIED) and its subsidiaries' mission is to improve economic and social conditions for residents of Block Island.BIED has done this by providing low and moderate housing. BIED has also built and now managesa community center that provides child care and senior activities. BIED also operates a gallery for local artists.
Programs
1 program
BIED housing subsidiary owns and operates 16 low income rental apartments on Block Island called "E. Searles Ball Memorial Housing." The project is a subsidized rental housing project under the auspices of USDA -- Rural Development. However all income and expense is reported as rental revenue and rental expense.
Financials
FY 2024
Revenue
Expenses
People
8 listed
Roberta McCormick
Director
—
1 hrs/wk
Linda Spak
Director
—
3 hrs/wk
Gail Pierce
Director
—
3 hrs/wk
Jennifer Taubman
Director
—
1 hrs/wk
Amadeus Mafosi
Director
—
1 hrs/wk
Gerald Pierce
President
—
3 hrs/wk
Rebecca Brown
Secretary/Treasurer
—
3 hrs/wk
Monica Hull Shea
Vice-President
—
3 hrs/wk