Newport Ri Police Relief Fund Association
- Assets
- $1.3m
- Revenue
- $86.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Newport, RI
- Founding
- 07/1984
- Data as of
- 12/2021
- EIN
- 05-6015176
Organization Overview
Newport Ri Police Relief Fund Association is located in Newport, RI. The organization was established in 1984. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newport RI Police Relief Fund Association is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2021, Newport RI Police Relief Fund Association generated $86.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $28.7k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ASSISTANCE TO ALL ACTIVE AND RETIRED MEMBERS OF THE NEWPORT POLICE FORCE AND THEIR WIDOWS AND MINOR CHILDREN. IN THE FORM OF WIDOWS BENEFITS, DEATH BENEFITS AND SCHOLARSHIPS TO THE CHILDREN OF DECEASED MEMBERS OF THE NEWPORT POLICE DEPARTMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE ASSISSTANCE TO ALL ACTIVE AND RETIRED MEMBERS OF THE NEWPORT POLICE FORCE AND THEIR WIDOWS AND MINOR CHILDREN. IN THE FORM OF WIDOWS BENEFITS, DEATH BENEFITS AND SCHOLARSHIPS TO THE CHILDREN OF DECEASED MEMBERS OF THE NEWPORT POLICE DEPARTMENT.
TO PROVIDE ASSISSTANCE TO ALL ACTIVE AND RETIRED MEMBERS OF THE NEWPORT FORCE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Carlone President | Officer | $0 | |
Michael Mckenna Treasurer | Officer | $0 | |
Paul W Hall Secrectary | Officer | $0 | |
Albert A Conti Vice Preside | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,261 |
| 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 | $1,261 |
| Total Program Service Revenue | $0 |
| Investment income | $36,261 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $49,346 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $86,868 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,508 |
| Total functional expenses | $28,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,458 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,264,941 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,278,399 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $160,797 |
| Retained earnings, endowment, accumulated income, or other funds | $1,117,602 |
| Total liabilities and net assets/fund balances | $1,278,399 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boston Bar Association Boston, MA | $6,132,875 | $4,451,231 |
Massachusetts Bar Association Boston, MA | $25,521,888 | $4,133,161 |
Massachusetts Coalition Of Police Council 351 Millbury, MA | $1,097,024 | $3,665,618 |
Massachusetts Bar Foundation Inc Boston, MA | $9,097,604 | $2,757,602 |
Rhode Island Bar Association Cranston, RI | $6,664,665 | $2,260,826 |
Connecticut Bar Association Incorporated New Britain, CT | $7,010,258 | $2,524,826 |
Boston Teachers Union Prepaid Legal Services Fund Boston, MA | $8,184,345 | $130,917 |
Connecticut Trial Lawyers Association Hartford, CT | $1,719,758 | $926,185 |
Massachusetts Chiefs Of Police Association Incorporated South Grafton, MA | $1,038,723 | $936,889 |
Connecticut State Police Union Inc East Hartford, CT | $1,091,065 | $997,386 |
American Federation Of Teachers Hartford, CT | $990,171 | $859,103 |
Connecticut Chiefs Of Police Associ Tion Incorporated Wethersfield, CT | $551,214 | $766,863 |