2025-09-30T13:34:53-05:00 2024-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2024-01-01 222907602 WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION WOON 4017620993 719 FRONT STREET 103 WOONSOCKET RI 02895 JOSEPH GARLICK EXECUTIVE DIRECTOR 4017620993 2025-09-23 1 1 CAITLIN LIMOGES CPA P01633588 5083669100 2025-09-23 2024 2025-03-06 01:10:19Z NEIGHBORWORKS BLACKSTONE RIVER VALL JOSEPH GARLICK 719 FRONT STREET 103 WOONSOCKET RI 02895 3481641 0 X WWW.NEIGHBORWORKSBRV.ORG X 1987 RI NEIGHBORWORKS BLACKSTONE RIVER VALLEY (NWBRV) IS A NONPROFIT COMMUNITY DEVELOPMENT CORPORATION THAT WORKS WITH RESIDENTS, BUSINESSES, NEIGHBORHOOD INSTITUTIONS, PARTNERS AND COMMUNITIES TO ENRICH NEIGHBORHOOD LIFE AND MAKE AFFORDABLE HOUSING OPPORTUNITIES AVAILABLE THROUGHOUT THE BLACKSTONE RIVER VALLEY. 17 17 48 172 0 0 1876131 1192589 618770 1119930 -6339 921212 146429 247910 2634991 3481641 0 0 0 0 2372342 2239585 0 0 3137 2888313 788390 5260655 3027975 -2625664 453666 23595419 26513123 20087726 22551764 3507693 3961359 X WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION D/B/A NEIGHBORWORKS BLACKSTONE RIVER VALLEY'S (WNDC) PRIMARY PURPOSE IS TO DEVELOP, OWN, MANAGE, FINANCE AND PRESERVE DECENT, SAFE AND AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES AND INDIVIDUALS IN THE BLACKSTONE RIVER VALLEY. 0 0 720376 760423 REAL ESTATE DEVELOPMENT: OVER THE COURSE OF 2024, DEVELOPMENT CONTINUED ON THE REHABILITATION OF 3 HISTORIC MILLS IN WOONSOCKET INTO 70 UNITS OF AFFORDABLE HOUSING AND 16,000 SQUARE FEET OF COMMERCIAL/COMMUNITY SPACE. CONSTRUCTION COMPLETED ON 13 HOMEOWNERSHIP UNITS IN EAST PROVIDENCE; UNITS INCLUDE 4 LIVE/WORK WITH FIRST FLOOR COMMERCIAL, 1 ACCESSIBLE UNIT WITH ELEVETTE, AND 8 ADDITIONAL TOWNHOUSE STYLE UNITS. CONSTRUCTION COMMENCED ON 8 UNITS OF SELF-HELP HOUSING IN BURRILLVILLE THROUGH WHICH FAMILIES PROVIDE SWEAT EQUITY INCREASING THE AFFORDABILITY OF THEIR HOMES. 363616 341847 HOMEOWNERSHIP: THE HOMEOWNERSHIP CENTER SUPPORTED 134 CUSTOMERS IN PURCHASING A HOME, ASSISTED 2 INDIVIDUALS IN PRESERVING THEIR HOME FROM FORECLOSURE, AND SUPPORTED A TOTAL OF 619 HOUSEHOLDS WITH FINANCIAL CAPABILITY, HOMEBUYER EDUCATION, AND OVERALL COACHING. 1171154 17660 COMMUNITY BUILDING & ENGAGEMENT: THE ACCESSING HOME PROGRAM DEPLOYED 13 AMERICORPS MEMBERS TO PROVIDE HOUSING STABILIZATION SERVICES TO 2,539 RHODE ISLANDERS AND GENERATE $963,000 IN ADDED BENEFITS FOR INDIVIDUALS SERVED. THE MILLRACE KITCHEN SUPPORTED START-UP FOOD BUSINESSES. THE LEVITT AMP WOONSOCKET MUSIC SERIES ENRICHED THE LIVES OF 3,726 ATTENDEES THROUGH THE POWER OF FREE, LIVE MUSIC. THE 6-12TH GRADE LEARNING CENTERS PROVIDED PROGRAMMING TO 29 AREA YOUTH. THE RESIDENT SERVICES PROGRAM SUPPORTED 856 RESIDENTS IN ACCESSING AVAILABLE RESOURCES. NWBRV PROVIDED FREE HOME REPAIRS FOR 17 WOONSOCKET HOMEOWNERS. 419760 247910 ASSET MANAGEMENT: STAFF CONTINUE TO MANAGE THE PORTFOLIO TO MINIMIZE VACANCIES. 419760 247910 2674906 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 38 0 1 48 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X JOSEPH GARLICK 4017620993 719 FRONT STREET 103 WOONSOCKET RI 02895 RICHARD KYTE JR PRESIDENT 1.50 X X 0 0 0 NANCY GIAMBUSSO VICE PRESIDENT 1.50 X X 0 0 0 PAUL M DUMOUCHEL TREASURER 1.50 X X 0 0 0 EMMA DANDY SECRETARY 1.50 X X 0 0 0 MICHAEL SKELDON DIRECTOR 1.50 X 0 0 0 NANCY BENOIT DIRECTOR 1.50 X 0 0 0 NANCY PARADEE DIRECTOR 1.50 X 0 0 0 RANDALL SACILOTTO DIRECTOR 1.50 X 0 0 0 AMBREA ALLEN DIRECTOR 1.50 X 0 0 0 BARBARA DECHRISTOFARO DIRECTOR 1.50 X 0 0 0 GEORGE COSTA DIRECTOR 1.50 X 0 0 0 MADELINE SILVA DIRECTOR 1.50 X 0 0 0 GABRIELLE PRESCOTT DIRECTOR 1.50 X 0 0 0 DERRICK D PEEPLES SR DIRECTOR 1.50 X 0 0 0 PAM WILLIAMS DIRECTOR 1.50 X 0 0 0 WILLIAM BARR DIRECTOR 1.50 X 0 0 0 CAROLL CHATTMAN DIRECTOR 1.50 X 0 0 0 JOSEPH GARLICK EXECUTIVE DIRECTOR 40.00 X 118060 0 38782 BILL LEWIS DIRECTOR OF REAL ESTATE 40.00 X 102462 0 8097 220522 0 46879 2 0 1 0 ADLER BROS 115 MAPLEVILLE ROAD GREENVILLE RI 02828 FOUNDATIONS FOR FERNWOOD PROPERTIES 152260 1 752055 440534 1192589 DEVELOPER FEES 925120 716477 716477 RESIDENT AND PROGRAM S 925120 341847 341847 PROJECT REIMBURSEMENTS 900099 43946 43946 RENTAL INCOME 531110 17660 17660 1119930 8566 8566 912646 0 912646 912646 912646 OTHER REVENUE 900099 130598 130598 BAD DEBT RECOVERY 900099 117312 117312 247910 3481641 1367840 0 921212 156842 145863 7842 3137 1571151 1378680 192471 30279 28160 2119 339179 290226 48953 142134 125213 16921 12669 8837 3832 73556 73556 213511 170053 43458 48759 48759 180922 171323 9599 139145 137002 2143 MISCELLANEOUS 113962 92620 21342 PROGRAM AND CLIENT EXPE 5866 4614 1252 3027975 2674906 349932 3137 69014 76385 377600 4966 447983 711166 78858 14403 2989709 1561275 1567579 1428434 13343506 13377821 7710879 10899948 23595419 26513123 756463 498313 19320263 21710601 331850 11000 11000 20087726 22551764 X 3284041 3788976 223652 172383 3507693 3961359 23595419 26513123 453666 0 X X 0 1 X 1 1 1 X 2599381 2702025 3358620 1876131 1192589 11728746 2599381 2702025 3358620 1876131 1192589 11728746 11728746 8825 19204 1876 8566 38471 11767217 3562050 0.99670 0.99750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29385 29385 2364356 1100535 1263821 595968 460740 135228 1428434 RELATED PARTY NOTES AND INTEREST RECEIVABLE 13377821 F 13377821 PROJECTS UNDER DEVELOPMENT 10700490 DUE FROM AFFILIATES 199458 10899948 DUE TO AFFILIATES 11000 11000 X PART X, LINE 2: WNDC ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATING FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. WNDC HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT DECEMBER 31, 2024. X X X 0 0 0 0 0 0 0 0 0 JOSEPH GARLICK EXECUTIVE DIRECTOR 118060 0 0 0 0 0 3542 0 35240 0 156842 0 0 0 PART I, LINE 3 COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED BY THE EXECUTIVE COMMITTEE FOR THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE REGULARLY COMPARES COMPENSATION OF SIMILAR SIZED LOCAL ORGANIZATIONS THAT HELPS DETERMINE THE COMPENSATION FOR MANAGEMENT. FORM 990, PART VI, SECTION A, LINE 3 WNDC DELEGATES CONTROL OF THEIR LIMITED PARTNERSHIP PORTFOLIO TO PROPERTY MANAGEMENT COMPANIES. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN AN ANNUAL CONFLICT OF INTEREST FORM EACH YEAR. FORM 990, PART VI, SECTION C, LINE 19 WNDC'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILIBLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 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