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THE FOUNDATION WAS CREATED FOR THE SPECIFIC PURPOSE OF IMPROVING THE LIVES OF THE RESIDENTS OF PAWTUCKET, RI. MANY PROGRAMS AND PROJECTS WILL ALSO BY EXTENSION BENEFITING RESIDENTS OF THE NEIGHBORING CITY OF CENTRAL FALLS, RI. THE FOUNDATION WILL CREATE, DEVELOP AND IMPLEMENT PROGRAMS AND RESOURCES DESIGNED TO MOBILIZE THE PRIVATE SECTOR IN ECONOMIC DEVELOPMENT.
Source: IRS Form 990 (Tax Year 2025)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$192.1K
Program Spending
65%
of total expenses go to program services
Total Contributions
$1,234
Total Expenses
▼$204.3K
Total Assets
$301.5K
Total Liabilities
▼$676
Net Assets
$300.9K
Officer Compensation
→N/A
Other Salaries
$108K
Investment Income
$32
Fundraising
▼$93.7K
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2025 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $192.1K | $1,234 | $204.3K | $301.5K | $300.9K |
| 2023IRS e-File | $245.2K | $61.5K | $238.2K | $306.7K | $300.3K |
| 2022 | $434.9K | $398.8K | $451.6K | $380.5K | $369.7K |
| 2021 |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2025 | 990 | IRS e-File | |
| 2024 | 990 | IRS e-File | |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2025)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Gaetan Kashala | Executive Di | 40 | $108K | $0 | $0 | $108K |
| Brian Azar | Treasurer | — | $0 | $0 | $0 | $0 |
| Suzanne C Courtemanche | Secretary | — | $0 | $0 | $0 | $0 |
| Jerremy Duffy | Co-chariman | — | $0 | $0 | $0 | $0 |
| Daniel J Sullivan Jr | Co-chairman | — | $0 | $0 | $0 | $0 |
Gaetan Kashala
Executive Di
$108K
Hrs/Wk
40
Compensation
$108K
Related Orgs
$0
Other
$0
Brian Azar
Treasurer
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Suzanne C Courtemanche
Secretary
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Jerremy Duffy
Co-chariman
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Daniel J Sullivan Jr
Co-chairman
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Alison Bologna | Board Member | — | $0 | $0 | $0 | $0 |
| Brian Kortz | Board Member | — | $0 | $0 | $0 | $0 |
| Edward Massoud | Board Member | — | $0 | $0 | $0 | $0 |
| Erica Schectner | Board Member | — | $0 | $0 | $0 | $0 |
| Ethan Colaiace | Board Member | — | $0 | $0 | $0 | $0 |
| Hasan Ali | Board Member |
Alison Bologna
Board Member
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Brian Kortz
Board Member
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Edward Massoud
Board Member
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
| $600.7K |
| $514.3K |
| $380.4K |
| $430.7K |
| $418.6K |
| 2020 | $149.6K | $144.3K | $232.5K | $244.3K | $198.3K |
| 2019 | $276.2K | $204.7K | $278.5K | $285.8K | $277.5K |
| 2018 | $303.6K | $224K | $265.7K | $251.6K | $243.6K |
| 2017 | $266.5K | $170.1K | $268.2K | $189.6K | $181K |
| 2016 | $223.9K | $146.5K | $212.5K | $178.5K | $177.7K |
| 2015 | $228.9K | $157K | $253.7K | $170.7K | $166.7K |
| 2014 | $253.3K | $194.7K | $240.7K | $201K | $197.7K |
| 2013 | $251K | $197.4K | $251.9K | $197.6K | $182.4K |
| 2012 | $282.4K | $243.2K | $232.6K | $198.4K | $183.3K |
| 2011 | $215.7K | $170.3K | $196K | $103.1K | $85.7K |
| 2022 | 990 | DataIRS e-File |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990-EZ | — |
| 2009 | 990-EZ | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| — |
| $0 |
| $0 |
| $0 |
| $0 |
| James R Hoyt Jr | Board Member | — | $0 | $0 | $0 | $0 |
| Kevin P Tracy | Board Member | — | $0 | $0 | $0 | $0 |
| Lori Spangler | Board Member | — | $0 | $0 | $0 | $0 |
| Monica Horan | Board Member | — | $0 | $0 | $0 | $0 |
| Oscar Mejias | Board Member | — | $0 | $0 | $0 | $0 |
| Robert Colucci | Board Member | — | $0 | $0 | $0 | $0 |
| Ross Nelson | Board Member | — | $0 | $0 | $0 | $0 |
Erica Schectner
Board Member
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Ethan Colaiace
Board Member
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Hasan Ali
Board Member
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
James R Hoyt Jr
Board Member
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Kevin P Tracy
Board Member
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Lori Spangler
Board Member
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Monica Horan
Board Member
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Oscar Mejias
Board Member
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Robert Colucci
Board Member
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Ross Nelson
Board Member
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0