2026-07-20T09:13:50-07:00 2025-12-31 050462585 Arthur H Lathrop CPA 31 Crestview Drive Westerly RI 02891 990EZ 2025-01-01 352465487 THE WESTERLY REVOLVING FUND INC WEST 8604600930 PO BOX 112 WESTERLY RI 02891 LOUIS GINGERELLA President 2026-07-20 true ARTHUR H LATHROP P01227584 4015966300 X 2025 2025-03-06 01:10:19Z X X westerlyrevolvingfund.org X X 248 X 248 0 0 0 0 248 370 205 396 971 -723 30991 30268 30991 30268 30991 30268 30991 30268 TO PRESERVE HISTORICAL HERITAGE OF WESTERLY AND STIMULATE COMMUNITY REVITALIZATION. REVOLVING FUND LOAN PROGRAM - THE ORGANIZATION BECAME ESTABLISHED TO PROVIDE TECHNICAL SERVICES TO PROPERTY OWNERS IN WESTERLY'S HISTORIC NEIGHBORHOODS. STAFF WILL PREPARE FOR COST ESTIMATES FOR PROPERTIES AND EXTERIOR SPECIFICATIONS FOR RESIDENTIAL OR COMMERCIAL PROPERTIES, AND MONITOR RESTORATIONS. 390 COMMUNITY REVITALIZATION PROGRAM - IN APRIL 2019, THE ORGANIZATION PURCHASED A MIXED-USE HISTORIC PROPERTY IN NEED OF RENOVATION AT 134 MAIN ST, WESTERLY, RI. THE ORGANIZATION BEGAN THE RENOVATIONS IMMEDIATELY. ALL RELATED EXPENDITURES WERE CAPITALIZED AND THE COMPLETED PROJECT WAS SOLD ON JULY 1, 2021. 390 LOUIS W GINGERELLA JR President 3.00 0 MICHAEL J BEDDARD Director 1.00 0 MARCIA FELBER Director 1.00 0 FAITH BESSETTE ZITO Director 1.00 0 ANTONIO GOODING Director 1.00 0 false false false false false false false 0 0 0 false 0 0 false LOUIS W GINGERELLA JR 43 BROAD ST WESTERLY RI 02891 8604600930 false false false false false false false false false false false NONE NONE true X 22100 100 98 16 22314 0 0 22100 100 98 16 22314 15682 6632 407 248 655 0 0 22969 0.28870 0.33980 X Other Expenses.1 WEBSITE FEES $391 Other Expenses.3 BANK FEES $5 PROGRAM RELATED INVESTMENTS COMMUNITY REVITALIZATION PROGRAM - IN APRIL 2019, THE ORGANIZATION PURCHASED A MIXED-USE HISTORIC PROPERTY IN NEED OF RENOVATION AT 134 MAIN ST, WESTERLY, RI. THE ORGANIZATION BEGAN THE RENOVATIONS IMMEDIATELY, AND CONTINUED AND WERE COMPLETED IN 2021. ON JULY 1, 2021 THE REVITALIZED PROPERTY WAS SOLD.