Saint Elizabeth Development Corporation

Organization Overview

Saint Elizabeth Development Corporation is located in Warwick, RI. The organization was established in 1999. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, 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. Saint Elizabeth Development Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.

For the year ending 12/2022, Saint Elizabeth Development Corporation generated $123.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $165.4k during the year ending 12/2022. While expenses have increased by 2.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ST. ELIZABETH DEVELOPMENT CORPORATION WAS ESTABLISHED FOR THE EXCLUSIVE PURPOSES OF ACQUIRING PROPERTY AND HOLDING TITLE OF REAL AND PERSONAL PROPERTY ON BEHALF OF SAINT ELIZABETH HOME, THE CORPORATION'S SOLE CORPORATE MEMBER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACQUIRING PROPERTY AND HOLDING TITLE OF REAL AND PERSONAL PROPERTY ON BEHALF OF SAINT ELIZABETH HOME, THE COPORATION'S SOLE CORPORATE MEMBER.


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Board, Officers & Key Employees

Name (title)Compensation
Steven W Tilley
Chair
$0
Claire C Flaherty
Vice Chair
$0
Steven H Kitchin
Vice President
$0
Judy W Vigar
Treasurer
$0
Craig W Carpenter
Trustee
$0
Kristen L Disanto
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$102,156
Investment income $101
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $3,500
Net Gain/Loss on Asset Sales $17,989
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $123,746

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