2024-05-15T13:27:50-05:00 2023-06-30 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2022-07-01 821813115 RIHUB RIHU 4018291051 225 DYER STREET 2ND FLOOR PROVIDENCE RI 02903 ANNETTE TONTI MANAGING DIRECTOR 4018291051 2024-05-15 1 ANNETTE TONTI 999009999 1 PATRICK J MARTIN P00283486 4012742001 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANNETTE TONTI 225 DYER STREET 2ND FLOOR PROVIDENCE RI 02903 824734 0 X WWW.RIHUB.ORG X 2018 RI DRIVING ECONOMIC TRANSFORMATION BY HELPING ENTREPRENEURS AND STARTUPS MORE EFFECTIVELY FOCUS AND APPLY THEIR INGENUITY AND INNOVATION TO REACH THEIR GOALS. 7 1 4 86 0 0 610305 824734 0 0 0 0 0 0 610305 824734 0 0 0 0 286135 291948 0 0 0 362972 390621 649107 682569 -38802 142165 352565 527030 167620 199495 184945 327535 RIHUB'S MISSION IS ALL ABOUT DRIVING ECONOMIC TRANSFORMATION BY HELPING ENTREPRENEURS AND STARTUPS MORE EFFECTIVELY FOCUS AND APPLY THEIR INGENUITY AND INNOVATION TO REACH THEIR GOALS. 0 0 672865 RIHUB PROVIDES A NUMBER OF SERVICES TO RHODE ISLAND STARTUP BUSINESSES. THESE SERVICES INCLUDE HELPING STARTUPS WITH THEIR BUSINESS PLANNING, RIHUB VENTURE MENTORING SERVICE, CUSTOMER DISCOVERY, INCUBATION, PITCH SCRUB. RIHUB ALSO OFFERS A SERIES OF EVENTS INCLUDING RI-PITCH AND RHODE ISLAND STARTUP WEEK. RIHUB TRACKS OVER 400 STARTUPS. WELL OVER HALF OF THESE STARTUPS HAVE USED OURSERVICES. 672865 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X ANNETTE TONTI 4018291051 225 DYER STREET 2ND FLOOR PROVIDENCE RI 02903 KATHARINE FLYNN CHAIRMAN 1.00 X X 0 0 0 STEPHEN PIPER TREASURER 1.00 X X 0 0 0 PETE RUMSEY SECRETARY 1.00 X X 0 0 0 JI MI CHOI DIRECTOR 1.00 X 0 0 0 HOPE HOPKINS DIRECTOR 1.00 X 0 0 0 NEIL VELOSO DIRECTOR 1.00 X 0 0 0 ANNETTE TONTI PRESIDENT AND MANAGING DIR 50.00 X 145558 0 12000 145558 0 12000 1 0 1 0 0 312500 512234 824734 824734 0 0 0 X 154388 154388 108222 108222 8950 8950 20388 20388 9704 9704 80179 80179 17809 17809 16431 16431 7429 7429 240829 240829 5300 5300 9713 9713 2952 2952 STAFF DEVELOPMENT AND T 275 275 682569 672865 9704 0 348917 153230 3648 373800 352565 527030 7620 39495 160000 160000 167620 199495 X 184945 327535 184945 327535 352565 527030 142165 425 0 X 0 0 0 X 84461 852698 612674 610305 824734 2984872 84461 852698 612674 610305 824734 2984872 2984872 2984872 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 ANNETTE TONTI PRESIDENT AND MANAGING DIR 145558 0 0 0 0 0 0 0 12000 0 157558 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE COMMITTEES DO NOT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS AND REVIEWED BY MANAGEMENT AND THE BOARD OF DIRECTORS. REVISIONS, CORRECTIONS, ETC. ARE MADE AS NECESSARY. ONCE ALL ARE SATISFIED WITH THE FORM, IT IS FINALIZED, A COPY IS SENT TO ALL BOARD MEMBERS, AND IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE POTENTIAL CONFLICT OF INTEREST WOULD BE PRESENTED TO THE BOARD FOR APPROVAL. IF THERE IS A RELATED BOARD MEMBER, THE RELATED BOARD MEMBER WOULD ABSTAIN FROM VOTING ON THE RESOLUTION. ALL RELATED PARTY TRANSACTIONS MUST BE APPROVED BY THE BOARD OF DIRECTORS. RELATED PARTY TRANSACTIONS ARE MONITORED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE BOARD CONDUCTS A PERFORMANCE REVIEW AND EVALUATION OF THE MANAGING DIRECTOR. THE REVIEW ALSO ESTABLISHES THE INDIVIDUAL'S COMPENSATION FOR THE FOLLOWING YEAR. THIS PROCESS INVOLVES THE EVALUATION OF THE INDIVIDUAL AND A REVIEW OF COMPENSATION OF COMPARABLE POSITIONS OBTAINED FROM COMPENSATION SURVEYS. THE BOARD'S DELIBERATION AND DECISION ARE NOTED IN THE MINUTES OF THE MEETING. FORM 990, PART VI, SECTION C, LINE 19 ANNUALLY, THE BOARD CONDUCTS A PERFORMANCE REVIEW AND EVALUATION OF THE EXECUTIVE DIRECTOR. THE REVIEW ALSO ESTABLISHES THE INDIVIDUAL'S COMPENSATION FOR THE FOLLOWING YEAR. THIS PROCESS INVOLVES THE EVALUATION OF THE INDIVIDUAL AND A REVIEW OF COMPENSATION OF COMPARABLE POSITIONS OBTAINED FROM COMPENSATION SURVEYS. THE BOARD'S DELIBERATION AND DECISION ARE NOTED IN THE MINUTES OF THE MEETING. FORM 990, PART IX, LINE 11G PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 643. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 643. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 68,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 68,000. FREELANCE AND INTERNS: PROGRAM SERVICE EXPENSES 10,937. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,937. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 599. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 599.