The Rhode Island Building Officials Association
- Assets
- $123.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Warwick, RI
- Founding
- 05/2007
- Data as of
- 12/2021
- EIN
- 05-0433526
Organization Overview
The Rhode Island Building Officials Association is located in Warwick, RI. The organization was established in 2007. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rhode Island Building Officials Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Rhode Island Building Officials Association generated $20.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $19.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Phelps Secretary | 1 | $0 | |
Brad Russell Ward Vice Preside | 1 | $0 | |
Joseph Warner President | 1 | $0 | |
Alfred Decorte Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,791 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,603 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,308 |
| Other Revenue | $0 |
| Total Revenue | $20,702 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,035 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,826 |
| Total expenses | $19,861 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,363 |
| Other assets | $0 |
| Total assets | $123,412 |
| Total liabilities | $0 |
| Net assets or fund balances | $123,412 |
Peer Organizations
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|---|---|---|
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Lean Enterprise Institute Inc Boston, MA | $4,353,748 | $5,746,296 |
New England Dairy Promotion Board Inc Boston, MA | $769,359 | $4,433,734 |
Massachusetts Society Of Certified Public Accountants Inc Boston, MA | $5,581,764 | $4,333,223 |
International Association Of Contract And Commercial Managers I Ridgefield, CT | $4,847,287 | $5,540,038 |
Connecticut Business & Industry Assn Inc Hartford, CT | $20,148,915 | $6,195,930 |
Air Barrier Association Of America Inc Walpole, MA | $3,544,144 | $3,499,577 |
Employers Association Of The Northeast Inc Agawam, MA | $2,530,284 | $3,473,662 |
Oasis Open Woburn, MA | $3,076,184 | $2,872,173 |