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Donation Center Foundation Of Rhode Island

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

EIN: 061472524 ✦ Providence, RI ✦ Designated as a 501(c)(3)

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Overview

What is Donation Center Foundation Of Rhode Island?

The Donation Center Foundation of Rhode Island, a subsidiary of Big Brothers Big Sisters of Rhode Island, is a nonprofit organization with a mission to raise funds in support of various charities and mentoring programs in Rhode Island and Massachusetts. They accomplish this by engaging in fundraising activities, such as soliciting donations of household goods and clothing, which are then sold through TVI Stores. The proceeds from these sales are divided between the Donation Center Foundation of Rhode Island and Big Brothers Big Sisters of Rhode Island. With a dedicated team of 33 employees, the foundation strives to make a positive impact in its community through its fundraising efforts.


Official website here: www.bigsri.org

What do the Facebook reviews say about Donation Center Foundation Of Rhode Island?

98% of 30 reviewers on Facebook recommend the Donation Center Foundation of Rhode Island. Here is a summary of their reviews:

Many supporters express deep appreciation for the agency's initiatives, specifically highlighting their positive impact on children. The sentiment is overwhelmingly favorable, with phrases indicating love for the organization and praising its ongoing efforts.

Overall, the charity has made a significant impression on its community, showcasing a strong commitment to its mission and garnering enthusiastic support from those who recognize its contributions.


This AI summary has been generated from reviews found on Facebook.

Is Donation Center Foundation Of Rhode Island legitimate?

Donation Center Foundation Of Rhode Island is a legitimate nonprofit organization registered as a 501(c)(3) entity. Donation Center Foundation Of Rhode Island 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: $157,378
Professional Fundraising Fees: $0
Other Salaries and Wages: $668,884

For more financial information, click here


Official website here: www.bigsri.org

What is the mission statement of Donation Center Foundation Of Rhode Island?

The Donation Center Foundation of Rhode Island, being a subsidiary of Big Brothers Big Sisters of Rhode Island, is committed to raising funds to support the mission and purposes of both organizations as well as various charities and mentoring programs in Rhode Island and Massachusetts. This is achieved through the sale of donated household goods and clothing at TVI stores, with the proceeds benefiting the Donation Center Foundation of Rhode Island and Big Brothers Big Sisters of Rhode Island. The foundation's activities aim to provide financial backing for initiatives that foster mentoring relationships and positively impact the community.


Official website here: www.bigsri.org

Who is the CEO of Donation Center Foundation Of Rhode Island?

Katje Afonseca is the CEO of Donation Center Foundation Of Rhode Island The CEO's salary of Donation Center Foundation Of Rhode Island is $0 and their total compensation is $176,651.


Official website here: www.bigsri.org

What is the revenue of Donation Center Foundation Of Rhode Island?

Donation Center Foundation Of Rhode Island's revenue in 2023 was $5,882,608.


Official website here: www.bigsri.org

Who are the executives of Donation Center Foundation Of Rhode Island and what are their salaries?

The average compensation at Donation Center Foundation Of Rhode Island during 2023 was $28,492. There are 29 employees at Donation Center Foundation Of Rhode Island.

Here are 16 key members and their salaries (Donation Center Foundation Of Rhode Island's CEO's salary is $0 and their total compensation is $176,651):


Patrick Bulter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Catucci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosie Fernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Filippelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David E Fontes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Turnbull (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Furey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yomayra Reyes (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael E Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aida Crosson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Paul Oberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Varone Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiana Ochoa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katje Afonseca (Chief Executive Officer)
  • Compensation: $0
  • Related: $164,987
  • Other: $11,664
Jack Blatchford (Chief Financial Officer)
  • Compensation: $0
  • Related: $122,720
  • Other: $15,386
Kaleigh Perkins (Chief Operating Officer)
  • Compensation: $0
  • Related: $90,615
  • Other: $7,674


Official website here: www.bigsri.org

Where can I find the form 990 for Donation Center Foundation Of Rhode Island?

Donation Center Foundation Of Rhode Island's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.bigsri.org

Learn more at the official website: www.bigsri.org

Mission Statement of Donation Center Foundation Of Rhode Island

The Donation Center Foundation of Rhode Island, a subsidiary of Big Brothers Big Sisters of Rhode Island, is dedicated to engaging in activities aimed at raising funds to support the mission and purposes of various charities and mentoring programs in Rhode Island and Massachusetts. The organization's primary mission is to contribute financially to Big Brothers Big Sisters of Rhode Island, as well as other charitable initiatives and mentoring programs within the region.

To achieve its mission, the Donation Center Foundation of Rhode Island solicits donations of household goods and clothing. These items are then sold through TVI Stores. The profits generated from these sales are divided between the Donation Center Foundation of Rhode Island and Big Brothers Big Sisters of Rhode Island. By selling donated items, the foundation is able to raise funds for its designated beneficiaries, thereby contributing to their respective missions and purposes. The Donation Center Foundation of Rhode Island's activities serve as a vital source of financial support for the organizations it partners with, enabling them to continue their work in the community.

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Impact




October, 2024

The Donation Center Foundation of Rhode Island plays a vital role in enhancing youth development and support services through its fundraising efforts. By soliciting donations of household goods and clothing, it channels these resources into valuable programs, particularly benefiting Big Brothers Big Sisters of Rhode Island. The proceeds from sales made through TVI Stores directly support mentoring initiatives, fostering positive relationships between adult mentors and youth.

Operating primarily in Rhode Island and Massachusetts, the foundation not only raises funds but also heightens community awareness of the importance of mentorship and charitable giving. Its activities help sustain mentoring programs that empower young individuals, providing them with guidance and opportunities that can significantly impact their personal and professional growth. By promoting volunteerism and community involvement, the foundation strengthens the fabric of local communities, ultimately contributing to a brighter future for the youth it serves.




This information is meant to be a general summary of Donation Center Foundation Of Rhode Island. 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
$5,882,608 (2023)
Expenses
$6,297,060 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,908
  • Program Service Revenue: $2,940,334
  • Gross Receipts: $5,882,608

Assets and Liabilities:

  • Total Assets: $1,928,930
  • Total Liabilities: $907,344
  • Net Assets: $1,021,586

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT REVENUE

Revenue

$2,919,366

SALE OF DONATED GOODS

Revenue

$20,968

Organization Details

Founding Year

1997

Principal Officer

Katje Afonseca

NTEE Category

Code: O99 - Youth development

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