Powered by CharityEZ

Charity report ready

BLOCK ISLAND ECONOMIC DEVELOPMENT FOUNDATION INC

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

BLOCK ISLAND ECONOMIC DEVELOPMENT FOUNDATION INC

EIN 22-2956223 · Economic Development (S30)

What they do

The Foundation (BIED) and Its Subsidiaries Mission is to Improve Economic and Social Conditions for Residents of Block Island.BIED Has Done This By Providing Low and Moderate Housing. BIED Has Also Built and Now Managesa Community Center That Provides Child Care and Senior Activities. BIED Also Operates A Gallery for Local Artists.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $86.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders8 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

0.00%of revenue went to mission work86.4% of expenses · Program services
0.00%of revenue went to management and office costs13.6% of expenses
$15.30in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Expenses$88,931

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$76,819 · 86.4% of expenses
Management and office costs$12,112 · 13.6% of expenses
See all reported dollar amounts
Expenses$88,931
Assets$1,360,969
Income$444,731
Contributions$18,196
Mission work (program services)$76,819
Management and general$12,112
Accounting fees$2,558
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (8)

AMADEUS MAFOSIDIRECTOR

GAIL PIERCEDIRECTOR

GERALD PIERCEPRESIDENT

JENNIFER TAUBMANDIRECTOR

LINDA SPAKDIRECTOR

MONICA HULL SHEAVICE-PRESIDENT

REBECCA BROWNSECRETARY/TREASURER

ROBERTA MCCORMICKDIRECTOR

About this charity

Recognized since
January 1985
Location
PO Box 619, Block Island, RI 02807
County
Washington
In care of
Gerard Pierce
Primary officer
Gerard Pierce, President

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
ALSD LTD
NTEE classification
Economic Development (S30)
IRS tax category
Economic Development

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free