Fall River Line Pier Inc is located in Fall River, MA. The organization was established in 1981. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fall River Line Pier Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Fall River Line Pier Inc generated $611.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $611.2k during the year ending 12/2021. While expenses have increased by 6.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATES THE STATE PIER WHICH BENEFITS COMMERCE IN THE STATE OF MASSACHUSETTS. IN 2021 18 COMPANIES BENEFITTED FROM THE USE OF THE STATE PIER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Diane G Butler Manager,retired | 40 | $30,590 | |
Gilbert C Oliveira Jr President | 2 | $0 | |
Kara O'connell Secretary | 1 | $0 | |
Michelle T Paul Vice-President | 0.5 | $0 | |
Bruce Morrow Director | 0.5 | $0 | |
Michael B Lund Treasurer | 0.5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $4,809 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $606,406 |
Total Revenue | $611,215 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $30,590 |
Other employee salaries and wages | $233,195 |
Pension plans, employee benefits | $40,887 |
Interest | $0 |
Taxes | $0 |
Depreciation | $9,721 |
Occupancy | $101,786 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $87,709 |
Total operating and administrative expenses | $611,215 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $611,215 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $134,813 |
Savings and temporary cash investments | $1,161,772 |
Net Accounts receivable | $7,754 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $7,136 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $118,193 |
Other assets | $5,600 |
Total assets | $1,435,268 |
Accounts payable and accrued expenses | $47,415 |
Grants payable | $0 |
Deferred revenue | $250,000 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $8,250 |
Total liabilities | $305,665 |
Organization Name | Assets | Revenue |
---|---|---|
Tompkins Consolidated Area Transit Inc Ithaca, NY | $39,345,124 | $21,152,302 |
Vermont Public Transportation Association Inc Bennington, VT | $1,209,700 | $10,904,135 |
Institute For Transportation And Development Policy New York, NY | $4,433,460 | $8,870,568 |
Cooperative Alliance For Seacoast Transportation Dover, NH | $7,006,129 | $8,852,816 |
Advance Transit Inc Wilder, VT | $17,081,099 | $7,862,543 |
Southeast Vermont Transit Inc Wilmington, VT | $13,192,153 | $6,694,813 |
Transitcenter Inc New York, NY | $83,620,564 | $6,464,249 |
Neponset Valley Tma Woburn, MA | $386,955 | $3,016,668 |
Evkids Inc Dorchester, MA | $1,111,937 | $1,049,199 |
Fall River Line Pier Inc Fall River, MA | $1,435,268 | $611,215 |
Green Mountain Carshare Burlington, VT | $630,324 | $813,855 |
Riders Alliance Inc New York, NY | $1,388,863 | $1,808,991 |