Gaspee Project Inc
- Assets
- $47.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cranston, RI
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 47-1847709
Organization Overview
Gaspee Project Inc is located in Cranston, RI. The organization was established in 2015. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Gaspee Project Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Gaspee Project Inc generated $10.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (25.8%) each year. All expenses for the organization totaled $12.5k during the year ending 12/2021. 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 |
|---|---|---|---|
Jay F Jacot Secretarytreasurer | 2 | $0 | |
Clay Johnson President | 5 | $0 | |
Jim Hackett Director | 1 | $0 | |
John Niewecki Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,690 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,690 |
| 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 | $4,600 |
| Occupancy, rent, utilities, and maintenance | $200 |
| Printing, publications, postage, and shipping | $517 |
| Other expenses | $7,161 |
| Total expenses | $12,478 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,817 |
| Other assets | $0 |
| Total assets | $47,478 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,478 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Codman Square Neighborhood Development Corporation Dorchester, MA | $49,534,179 | $9,221,133 |
Blackstone Valley Community Action Program Inc Pawtucket, RI | $2,776,542 | $8,877,966 |
Urban Edge Housing Corp Roxbury, MA | $48,065,772 | $13,249,471 |
Jamaica Plain Neighborhood Development Corporation Jamaica Plain, MA | $42,347,137 | $8,553,419 |
Hamden Economic Developmente Corporation Hamden, CT | $3,370,551 | $167,824 |
Opportunity Communities Llc Chelsea, MA | $1,253,175 | $6,991,638 |
Just A Start Inc Cambridge, MA | $43,187,600 | $7,410,722 |
The Capital Good Fund Providence, RI | $12,958,920 | $6,219,609 |
E B C D C Inc East Boston, MA | $58,217,013 | $4,262,747 |
Opencape Corporation Barnstable, MA | $24,434,356 | $3,871,374 |
Lawrence Community Works Inc Lawrence, MA | $43,924,254 | $5,539,923 |
Somerville Community Corporation Inc Somerville, MA | $51,767,893 | $4,458,191 |