Downtown Providence Park Network
- Assets
- $237.4k
- Revenue
- $464.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Providence, RI
- Founding
- Data as of
- 06/2024
- EIN
- 92-1293449
Organization Overview
Downtown Providence Park Network is located in Providence, RI. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 06/2024, Downtown Providence Park Network employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Providence Park Network is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO CONVENE PARTNERS, STEWARD SPACES, AND ACTIVATE 20 ACRES OF PUBLIC PARKS, INCLUDING THE WATERWAYS THAT CONNECT THEM, SPANNING FROM THE POINT STREET BRIDGE TO WATERPLACE, I-195 PARK, KENNEDY PLAZA, BURNSIDE PARK, THE RINK, AND BILTMORE PARK. AS A PUBLIC-PRIVATE PARTNERSHIP, WE COLLABORATE WITH THE CITY OF PROVIDENCE, THE DOWNTOWN IMPROVEMENT DISTRICT, THE PROVIDENCE PARKS DEPARTMENT, THE I-195 DISTRICT PARK, COMMUNITY ORGANIZATIONS, AND THE BUSINESS COMMUNITY TO BRING VITALITY TO OUR DOWNTOWN PARKS. WE PRIORITIZE WATER ACTIVATION AND ENVIRONMENTAL JUSTICE, ENSURING THESE PUBLIC SPACES NOT ONLY FOSTER DEMOCRACY, CIVIC PRIDE, AND ECONOMIC VITALITY BUT ALSO SERVE AS INCLUSIVE, SUSTAINABLE ENVIRONMENTS WHERE ALL CAN CONNECT, ENGAGE, AND CELEBRATE OUR SHARED COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MISSION IS TO CONVENE PARTNERS, STEWARD SPACES, AND ACTIVATE 20 ACRES OF PUBLIC PARKS, INCLUDING THE WATERWAYS THAT CONNECT THEM, SPANNING FROM THE POINT STREET BRIDGE TO WATERPLACE, I-195 PARK, KENNEDY PLAZA, BURNSIDE PARK, THE RINK, AND BILTMORE PARK. AS A PUBLIC-PRIVATE PARTNERSHIP, WE COLLABORATE WITH THE CITY OF PROVIDENCE, THE DOWNTOWN IMPROVEMENT DISTRICT, THE PROVIDENCE PARKS DEPARTMENT, THE I-195 DISTRICT PARK, COMMUNITY ORGANIZATIONS, AND THE BUSINESS COMMUNITY TO BRING VITALITY TO OUR DOWNTOWN PARKS. WE PRIORITIZE WATER ACTIVATION AND ENVIRONMENTAL JUSTICE, ENSURING THESE PUBLIC SPACES NOT ONLY FOSTER DEMOCRACY, CIVIC PRIDE, AND ECONOMIC VITALITY BUT ALSO SERVE AS INCLUSIVE, SUSTAINABLE ENVIRONMENTS WHERE ALL CAN CONNECT, ENGAGE, AND CELEBRATE OUR SHARED COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Adamo Director | Trustee | 1 | $0 |
Melba Depena Affigne Director | Trustee | 1 | $0 |
Adam Anderson Director | Trustee | 1 | $0 |
Bethany Costello Director | Trustee | 1 | $0 |
Al Dahlberg Chair | Officer | 1 | $0 |
Courtney Hawkins Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $462,726 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,711 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $464,437 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $464,437 |
| 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. | $74,308 |
| Compensation of current officers, directors, key employees. | $37,154 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $35,538 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,284 |
| Payroll taxes | $9,232 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,381 |
| Office expenses | $5,552 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,003 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,363 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,918 |
| All other expenses | $0 |
| Total functional expenses | $234,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $231,384 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,000 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $237,384 |
| Accounts payable and accrued expenses | $7,680 |
| 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 | $7,680 |
| Net assets without donor restrictions | $229,704 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $237,384 |