Greater Fall River Development Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042171799 ✦ Fall river, MA ✦ Designated as a 501(c)(4)

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Overview

What is Greater Fall River Development Corp?

Greater Fall River Development Corp is a nonprofit organization, specifically dedicated to promoting business and job development in its community. While the provided information is limited, it suggests that their mission aligns with fostering economic growth and creating employment opportunities. Unfortunately, additional details about the organization's reach, programs, or specific initiatives are not available in the given data.

Is Greater Fall River Development Corp legitimate?

Greater Fall River Development Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Greater Fall River Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Greater Fall River Development Corp?

The Greater Fall River Development Corp's primary focus is on promoting business and job development. Their mission, as stated, is to foster an environment that encourages business growth and job creation. They do not provide specific details about the methods or objectives beyond this, as the information provided is limited to their main activity and mission description.

Who is the CEO of Greater Fall River Development Corp?

Jason Rua is the President of Greater Fall River Development Corp.

What is the revenue of Greater Fall River Development Corp?

Greater Fall River Development Corp's revenue in 2022 was $716,852.

Who are the executives of Greater Fall River Development Corp and what are their salaries?

There 16 volunteers at Greater Fall River Development Corp.


Here are 17 key members and their salaries:


Peter Saulino Esq (Clerk)
  • Compensation: $2,192
  • Related: $0
  • Other: $0
Bruce Fernandes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
F Nelson Blount (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James P Sabra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Schwalm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Starck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Bushell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Abraham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaun O'Hearn Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Karam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Christian Lafrance (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Rua (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Bogan (First Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Pelletier (Second Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Kenyon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Cabral (Asst Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Palumbo (Asst Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Greater Fall River Development Corp?

Greater Fall River Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Greater Fall River Development Corp

Greater Fall River Development Corp is an organization with a mission centered around business and job development. Their primary goal is to stimulate economic growth and create employment opportunities within their community. They aim to achieve this by providing necessary support and resources to local businesses, ultimately contributing to the overall development and prosperity of the area. While the specific details of their activities and initiatives are not provided in the information, it can be inferred that Greater Fall River Development Corp plays a significant role in fostering a thriving business environment and promoting job creation within their community.

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Impact




October, 2024

Greater Fall River Development Corp plays a crucial role in fostering economic growth and job creation within the Fall River area. By focusing on business and job development, the organization actively contributes to the enhancement of local employment opportunities and the overall economic landscape.

Its initiatives often involve collaborating with local businesses, providing resources and support for startups, and implementing strategies to attract new enterprises to the region. This not only helps to stimulate the local economy but also promotes community improvement, ensuring that residents have access to viable job opportunities and the means to prosper.

The organization also serves as a vital connector between various stakeholders, including government entities, businesses, and community members, facilitating a cooperative approach to regional development. Consequently, its impact can be seen in the increased vitality of the local economy, improved job availability, and enhanced quality of life for the residents of Fall River.




This information is meant to be a general summary of Greater Fall River Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$716,852 (2022)
Expenses
$315,460 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $705,954
  • Gross Receipts: $1,942,766

Assets and Liabilities:

  • Total Assets: $10,684,852
  • Total Liabilities: $1,278
  • Net Assets: $10,683,574

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Organization Details

Founding Year

1954

Principal Officer

Jason Rua

Main Address

PO BOX 2939, FALL RIVER, MA, 027222939

NTEE Category

Code: S31 - Community improvement

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