Westbay Community Action Inc
- Assets
- $9.7m
- Revenue
- $20.8m
- Investments
- $0.0
- Employees
- 118
- Location
- Warwick, RI
- Founding
- 08/1966
- Data as of
- 06/2023
- EIN
- 05-0311985
Organization Overview
Westbay Community Action Inc is located in Warwick, RI. The organization was established in 1966. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2023, Westbay Community Action Inc employed 118 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westbay Community Action 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 06/2023, Westbay Community Action Inc generated $20.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $20.6m during the year ending 06/2023. While expenses have increased by 10.8% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER AND MOBILIZE PEOPLE THROUGH OUR PROGRAMS, PARTNERSHIPS, AND ADVOCACY TO GAIN GREATER SELF-SUFFICIENCY
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY SERVICES- FAMILY SERVICES AT WESTBAY COMMUNITY ACTION, INC ("WESTBAY"). PROVIDES SERVICES AND REFERRALS TO PEOPLE IN CRISIS SITUATIONS. IN MOST OF THE PROGRAMS, ELIGIBILITY IS DETERMINED BASED ON HOUSEHOLD INCOME. THIS UNIT ALSO PROVIDES INFORMATION AND REFERRAL TO LOCAL, STATE AND FEDERAL ASSISTANCE PROGRAMS DESIGNED TO ASSIST LOW INCOME RESIDENTS OF RHODE ISLAND.
WEATHERIZATION- WEATHERIZATION IS DESIGNED TO PERMANENTLY REDUCE UTILITY BILLS BY MAKING THE HOMES OF LOW-INCOME FAMILIES MORE ENERGY EFFICIENT. COMMON MEASURES INCLUDE INSTALLING INSULATION, SEALING DUCTS, TUNING AND REPAIRING FURNACES AND WATER HEATERS, AND SEALINGWINDOWS, DOORS AND OTHER INFILTRATION POINTS.
MARKET PLACE - THE WESTBAY MARKETPLACE IS THE THIRD LARGEST FOOD PANTRY IN RHODE ISLAND, SERVING OVER 1,200 CLIENTS PER MONTH. AS PART OF THE MARKETPLACE PROGRAM, WESTBAY ALSO OPERATES THE EMERGENCY FOOD PROGRAM, WHICH PROVIDES THREE DAYS OF FOOD TO CLIENTS BASED ON HOUSEHOLD SIZE, AND THE USDA COMMODITIES PROGRAM, WHICH PROVIDES FOOD STAPLES ONCE PER MONTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Corrente Jr Chair | OfficerTrustee | 1 | $0 |
Kristin Maggiacomo 1st Vice Chair Through 09/30/22 | OfficerTrustee | 1 | $0 |
Daniel O'rourke 1st Vice Chair | OfficerTrustee | 1 | $0 |
Erin Mcandrew 2nd Vice Chair | OfficerTrustee | 1 | $0 |
Kevin D Carter CPA Treasurer Through 10/31/22 | OfficerTrustee | 1 | $0 |
Jason Bouchard Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Comfort Systems Weatherization Contractor | 6/29/23 | $507,735 |
Encore Catering Nutrition & Childrens Center Meal Provid | 6/29/23 | $354,332 |
Alert Ambulance Service Medical Respite Nursing | 6/29/23 | $495,077 |
Tlr Security Llc Medical Respite Security | 6/29/23 | $295,850 |
Safety Management Solutions Medical Respite Security | 6/29/23 | $415,517 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,035,990 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,309,572 |
| Noncash contributions included in lines 1a–1f | $2,254,781 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,345,562 |
| Total Program Service Revenue | $1,300,420 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $86,444 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,747 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,776,103 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $316,470 |
| Compensation of current officers, directors, key employees. | $153,903 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,551,898 |
| Pension plan accruals and contributions | $78,152 |
| Other employee benefits | $399,341 |
| Payroll taxes | $348,338 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $225 |
| Fees for services: Accounting | $48,315 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $800,779 |
| Advertising and promotion | $76,446 |
| Office expenses | $510,822 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $919,136 |
| Travel | $52,810 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $90,329 |
| Interest | $12,732 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $128,458 |
| Insurance | $94,171 |
| All other expenses | $908,136 |
| Total functional expenses | $20,596,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,770,571 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,478,510 |
| Accounts receivable, net | $471,859 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $69,920 |
| Prepaid expenses and deferred charges | $230,966 |
| Net Land, buildings, and equipment | $1,228,682 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,490,851 |
| Total assets | $9,741,359 |
| Accounts payable and accrued expenses | $841,647 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $221,204 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,546,937 |
| Total liabilities | $4,609,788 |
| Net assets without donor restrictions | $4,131,387 |
| Net assets with donor restrictions | $1,000,184 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,741,359 |