Ocean State Community Wellness Inc

Organization Overview

Ocean State Community Wellness Inc is located in North Kingstown, RI. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Ocean State Community Wellness Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ocean State Community Wellness Inc 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 12/2023, Ocean State Community Wellness Inc generated $650.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 33.5% each year . All expenses for the organization totaled $876.1k during the year ending 12/2023. While expenses have increased by 23.1% per year over the past 5 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE CENTER WILL SERVE RESIDENTS OF NORTH KINGSTOWN AND THE GREATER WEST BAY COMMUNITY OF RHODE ISLAND. THE CENTER WILL HAVE FITNESS SPACE INCLUDING GROUP EXERCISE CLASSES, HEALTH AND WELLNESS EDUCATION CLASSES AND PROGRAMS, AND YOUTH

Describe the Organization's Program Activity:

Part 3 - Line 4a

WELLNESS PROGRAM


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Board, Officers & Key Employees

Name (title)Compensation
Alan Pearlman
President
$0
Mark Pearlman
Vice President
$0
Steven Aronow
Secretary
$0
John Conforti
Treasurer
$0
Richard Portno
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$513,463
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$37,297
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$550,760
Total Program Service Revenue$51,537
Investment income $13,366
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $34,000
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $650,798

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