NonprofitsJobs For Fall River Inc

Jobs For Fall River Inc

FALL RIVER, MA

Total revenue

$1.1M

Total expenses

$1.6M

Net assets

$7.1M

Grants received

EIN

042655817

Tax year

2023

Mission

The organization's mission is to promote prosperity and the general welfare of the citizens of the city of fall river by stimulating economic and industrial growth and expansion in the area to include the city of fall river and the towns of freetown, somerset and westport.

Programs

3 programs

Property development activities: the refurbishment and operation of a historic downtown building developed as commercial, retail and/or campus space. Located in an economically challenged area of fall river (the "city") with the intention of providing economic development and recovery.

Expenses: $514K

Property restoration activities: at its inception, it was to restore and preserve the lincoln park carousel, a philadelphia toboggan company carousel constructed in 1920. The carousel was fully restored and operational in 1985. This local landmark was placed at the city's waterfront next to battleship cove. Effective july 1, 2021, the carousel will be leased and operated by fall river carousel creamery. Revenues derived from its operation are kept and reported by the ummc and applied to their costs of operations.

Expenses: $90K

Economic development activities that include assisting local companies with their expansion plans or other business concerns: marketing the city of fall river worldwide, in order to pursue new business investment or other similar initiatives.

Financials

FY 2023

Revenue

Contributions & grants$300K
Program service revenue$809K
Investment income$11K
Other revenue$437
Total revenue$1.1M

Expenses

Grants paid$404K
Salaries & benefits$556K
Fundraising
Other expenses$686K
Total expenses$1.6M
Total assets$10.1M
Net assets$7.1M

People

27 listed

NameRoleCompensation

KENNETH FIOLA

EXECUTIVE VICE PRESIDENT

Board

$240K

40 hrs/wk

LYNN OLIVEIRA

CHIEF FINANCIAL OFFICER

Board

$103K

40 hrs/wk

CARLOS A DACUNHA

TREASURER

Board

1 hrs/wk

RON RUSIN

CLERK

Board

1 hrs/wk

MICHAEL BENEVIDES

MEMBER AT LARGE

Board

0.5 hrs/wk

PAUL C BURKE

MEMBER AT LARGE

Board

0.5 hrs/wk

MICHAEL BUSHELL

MEMBER AT LARGE

Board

0.5 hrs/wk

FRANCISCO J CABRAL

MEMBER AT LARGE

Board

0.5 hrs/wk

TIMOTHY CHAVES

MEMBER AT LARGE

Board

0.5 hrs/wk

REBECCA COLLINS

MEMBER AT LARGE

Board

0.5 hrs/wk

MARK CORDEIRO

MEMBER AT LARGE

Board

0.5 hrs/wk

BRUCE FERNANDES

MEMBER AT LARGE

Board

0.5 hrs/wk

MARIA FERREIRA-BEDARD

MEMBER AT LARGE

Board

0.5 hrs/wk

FRANK MARCHIONE

PRESIDENT

Board

1 hrs/wk

ROBIN HODKINSON

MEMBER AT LARGE

Board

0.5 hrs/wk

JANNA LAFRANCE

MEMBER AT LARGE

Board

0.5 hrs/wk

MICHAEL LUND

MEMBER AT LARGE

Board

0.5 hrs/wk

STEPHANIE MANCINI

MEMBER AT LARGE

Board

0.5 hrs/wk

PAUL S MEDEIROS

MEMBER AT LARGE

Board

0.5 hrs/wk

ROBERT MONGEON

MEMBER AT LARGE

Board

0.5 hrs/wk

MICHELLE PELLETIER

MEMBER AT LARGE

Board

0.5 hrs/wk

KENNETH R REZENDES

MEMBER AT LARGE

Board

0.5 hrs/wk

JAMES P SABRA

MEMBER AT LARGE

Board

0.5 hrs/wk

JOHN SILVA

MEMBER AT LARGE (UNTIL 4/24)

Board

0.5 hrs/wk

JAMES WALLACE

MEMBER AT LARGE

Board

0.5 hrs/wk

FRED M FRANCO

MEMBER AT LARGE

Board

0.5 hrs/wk

JAMES M KARAM

VICE PRESIDENT

Board

1 hrs/wk

Details

EIN042655817
Subsection04
Ruling date1980-04
Formed1978
Employees5
Volunteers25
JOBS FOR FALL RIVER INC — Mission, Financials & Grants Received | Grantivo