Wood Street Cooperative
- Assets
- $241.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Providence, RI
- Founding
- Data as of
- 12/2022
- EIN
- 83-4653994
Organization Overview
Wood Street Cooperative is located in Providence, RI. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wood Street Cooperative 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 12/2022, Wood Street Cooperative generated $47.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $53.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE WOOD STREET COOPERATIVE IS A CREATIVE PLACE-BASED PROJECT THAT PROVIDES AFFORDABLE AND HIGH QUALITY HOUSING AND FOOD WHILE ENGAGING LOCAL PARTICIPATION AND CREATING AN INCLUSIVE GATHERING PACE IN ORDER TO BUILD COMMUNITY AROUND SHARED FOOD AND COOPERATIVE HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Evan Mcmanamy Director | 1 | $0 | |
Alexander James President And Treasurer | 1 | $0 | |
Eliza Cohen Secretary And Director | 1 | $0 | |
Charlotte Merrick Secretary And Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $46,273 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,499 |
| Total Revenue | $47,773 |
| 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 | $1,287 |
| Occupancy, rent, utilities, and maintenance | $44,731 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,204 |
| Total expenses | $53,222 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,383 |
| Other assets | $0 |
| Total assets | $241,283 |
| Total liabilities | $243,812 |
| Net assets or fund balances | -$2,529 |