IRS 990 Nonprofit Profile
Block Island Economic Development Foundation Inc
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.
Financials
- Filing year
- 2024
- Total revenue
- $-2K
- Total expenses
- $89K
- Total assets
- $1.4M
- Program expenses
- $77K
- Administration
- $12K
- Fundraising
- $0
- Program share of expenses
- 86%
- EIN
- 222956223
- Location
- Block Island, RI
Leadership and Compensation
Leadership is reported as unpaid in the latest filing.
- Roberta McCormick - Director
- $0
- Linda Spak - Director
- $0
- Gail Pierce - Director
- $0
- Jennifer Taubman - Director
- $0
- Amadeus Mafosi - Director
- $0
- Gerald Pierce - President
- $0
- Rebecca Brown - Secretary/Treasurer
- $0
- Monica Hull Shea - Vice-President
- $0
Officers, directors and key employees with total reported compensation, from Form 990 Part VII.
Governance
- Voting board members
- 9
- Independent members
- 9
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Financial data on this page is sourced from IRS Form 990 filings.