Nonprofit · EIN 04-2171799
GREATER FALL RIVER DEVELOPMENT CORPORATION
Tax-exempt · FALL RIVER, MA 02722
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2025 | 990 | $676,091 | $245,835 | $430,256 | $9,905,263 | $12,857 | $9,892,406 |
| April 30, 2024 | 990 | $528,415 | $2,348,928 | -$1,820,513 | $9,498,881 | $11,268 | $9,487,613 |
| April 30, 2023 | 990 | $641,232 | $299,818 | $341,414 | $10,771,557 | $9,216 | $10,762,341 |
Financial details: 990 for the year ended April 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $676,091
- Net gain from sales of assets
- $432,667
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $138,372
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $250
- Accounting fees
- $16,310
- Occupancy
- $10,896
- Program services (functional)
- $172,932
- Management and general (functional)
- $72,903
Balance sheet and other
- Total assets, start of year
- $9,498,881
- Total assets, end of year
- $9,905,263
- Total liabilities, end of year
- $12,857
- Net assets, end of year
- $9,892,406
- Publicly traded securities
- $7,621,067
- Net assets without donor restrictions
- $8,085,735
- Net assets with donor restrictions
- $1,806,671
- Gross receipts
- $2,893,122
- Employees
- 0
- Volunteers
- 22
- Year formed
- 1954
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended April 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PETER SAULINO ESQ | CLERK Trustee or director, Officer | 1 | $250 |
| PAUL M JONCAS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JASON M RUA | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| PHILIP PELLETIER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| STEVEN KENYON | TREASURER Trustee or director, Officer | 1 | $0 |
| PETER CABRAL | ASSISTANT TREASURER Trustee or director, Officer | 1 | $0 |
| JAMES PALUMBO | ASSISTANT CLERK Trustee or director, Officer | 1 | $0 |
| F NELSON BLOUNT | DIRECTOR Trustee or director | 1 | $0 |
| BRUCE FERNANDES CPA MST | DIRECTOR Trustee or director | 1 | $0 |
| JAMES P SABRA | DIRECTOR Trustee or director | 1 | $0 |
| MARTIN SCHWALM | DIRECTOR Trustee or director | 1 | $0 |
| R CHRISTIAN LAFRANCE | DIRECTOR Trustee or director | 1 | $0 |
| JAMES WALLACE | DIRECTOR Trustee or director | 1 | $0 |
| KENNETH R REZENDES | DIRECTOR Trustee or director | 1 | $0 |
| MATTHEW BURKE | DIRECTOR Trustee or director | 1 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY PAGLIUCA | DIRECTOR Trustee or director | 1 | $0 |
| PAUL CARRIGG | DIRECTOR Trustee or director | 1 | $0 |
| DANIEL ABRAHAM | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL BUSHELL | DIRECTOR Trustee or director | 1 | $0 |
| STEPHEN KARAM | DIRECTOR Trustee or director | 1 | $0 |
| SHAUN O'HEARN JR | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT BOGAN | PAST PRESIDENT Trustee or director, Officer | 1 | $0 |
990 for the year ended April 30, 2024: 23 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Peter Saulino Esq | Clerk Trustee or director, Officer | 1 | $375 |
| Robert Bogan | President Trustee or director, Officer | 1 | $0 |
| Philip Pelletier | Vice President Trustee or director, Officer | 1 | $0 |
| Steven Kenyon | Treasurer Trustee or director, Officer | 1 | $0 |
| Peter Cabral | Assistant Treasurer Trustee or director, Officer | 1 | $0 |
| James Palumbo | Assistant Clerk Trustee or director, Officer | 1 | $0 |
| Daniel Abraham | Vice President Trustee or director, Officer | 1 | $0 |
| Michael Bushell | Director Trustee or director | 1 | $0 |
| Stephen Karam | Director Trustee or director | 1 | $0 |
| Shaun O'Hearn Jr | Director Trustee or director | 1 | $0 |
| Kenneth R Rezendes | Director Trustee or director | 1 | $0 |
| Matthew Burke | Director Trustee or director | 1 | $0 |
| John Silva | Director Trustee or director | 1 | $0 |
| Paul Carrigg | Director Trustee or director | 1 | $0 |
| Paul M Joncas | Director Trustee or director | 1 | $0 |
| F Nelson Blount | Director Trustee or director | 1 | $0 |
| Bruce Fernandes | Director Trustee or director | 1 | $0 |
| James P Sabra | Director Trustee or director | 1 | $0 |
| Martin Schwalm | Director Trustee or director | 1 | $0 |
| William Starck | Director Trustee or director | 1 | $0 |
| R Christian LaFrance | Director Trustee or director | 1 | $0 |
| James Wallace | DIRECTOR Trustee or director | 1 | $0 |
| Jason Rua | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended April 30, 2023: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Peter Saulino Esq | Clerk Trustee or director, Officer | 1 | $450 |
| Robert Bogan | President Trustee or director, Officer | 1 | $0 |
| Philip Pelletier | Vice President Trustee or director, Officer | 1 | $0 |
| Steve Kenyon | Treasurer Trustee or director, Officer | 1 | $0 |
| Peter Cabral | Assistant Treasurer Trustee or director, Officer | 1 | $0 |
| James Palumbo | Assistant Clerk Trustee or director, Officer | 1 | $0 |
| Daniel Abraham | Director Trustee or director | 1 | $0 |
| Michael Bushell | Director Trustee or director | 1 | $0 |
| Stephen Karam | Director Trustee or director | 1 | $0 |
| Shaun O'Hearn Jr | Director Trustee or director | 1 | $0 |
| Kenneth R Rezendes | Director Trustee or director | 1 | $0 |
| Matthew Burke | Director Trustee or director | 1 | $0 |
| John Silva | Director Trustee or director | 1 | $0 |
| Paul Carrigg | Director Trustee or director | 1 | $0 |
| Paul M Joncas | Director Trustee or director | 1 | $0 |
| F Nelson Blount | Director Trustee or director | 1 | $0 |
| Bruce Fernandes | Director Trustee or director | 1 | $0 |
| James P Sabra | Director Trustee or director | 1 | $0 |
| Martin Schwalm | Director Trustee or director | 1 | $0 |
| William Starck | Director Trustee or director | 1 | $0 |
| R Christian LaFrance | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2939, FALL RIVER, MA 02722-2939
- In care of
- % PETER SAULINO ESQ CLERK
- Principal officer (990 for 2024)
- STEVEN KENYON, PO Box 2939, Fall River, MA 027222939
- Signed the 990
- STEVEN KENYON, TREASURER
- Phone
- (508) 675-7770
- Return prepared by
- WITHUMSMITHBROWNPC
Mission
BUSINESS AND JOB DEVELOPMENT.
Program accomplishments
- Upgrading and developing land for sale to make available to new businesses to start/expand, thus creating new jobs for the Greater Fall River area.Expenses $34,560
- Grants to local school/organizations to support programs and developmentExpenses $138,372 · grants $138,372
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | Not on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990 on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990 on file |
IRS record
- EIN
- 04-2171799
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1969
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $9,905,263
- Income (IRS master file)
- $2,893,122
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | April 2025 | $676,091 | $245,835 | $9,905,263 | XML |
| 990 | April 2024 | $528,415 | $2,348,928 | $9,498,881 | XML |
| 990 | April 2023 | $641,232 | $299,818 | $10,771,557 | XML |
| 990 | April 2022 | $716,852 | $315,460 | $10,684,852 | IRS |
| 990 | April 2021 | – | – | – | IRS |
| 990 | April 2020 | – | – | – | IRS |
| 990 | April 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2171799).
Questions about GREATER FALL RIVER DEVELOPMENT CORPORATION
- What is the EIN of GREATER FALL RIVER DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of GREATER FALL RIVER DEVELOPMENT CORPORATION is 04-2171799.
- Is GREATER FALL RIVER DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1969.
- Are donations to GREATER FALL RIVER DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GREATER FALL RIVER DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GREATER FALL RIVER DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GREATER FALL RIVER DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended April 2025.
- Who is the principal officer of GREATER FALL RIVER DEVELOPMENT CORPORATION?
- The 990 for the year ended April 30, 2025 names STEVEN KENYON.
- Who are the officers and directors of GREATER FALL RIVER DEVELOPMENT CORPORATION?
- The 990 for the year ended April 30, 2025 lists 22 people; 1 received compensation from the organization, the highest $250 (PETER SAULINO ESQ, CLERK).
- How much revenue does GREATER FALL RIVER DEVELOPMENT CORPORATION have?
- On its 990 for the year ended April 30, 2025 it reported revenue of $676,091, expenses of $245,835 and total assets of $9,905,263 at year end.
Other nonprofits in FALL RIVER
- LIFESPAN OF MASSACHUSETTS - FALL RIVER INC EIN 99-4841947 · last filed 990 for 2025
- PEOPLE INCORPORATED EIN 04-2447216 · last filed 990 for 2025
- BRISTOL AGING & WELLNESS INC EIN 04-2545767 · last filed 990 for 2025
- ST ANNES CREDIT UNION OF FALL RIVER MASS EIN 04-2128094 · last filed 990 for 2024
- CITIZENS FOR CITIZENS INC EIN 04-6134724 · last filed 990 for 2025
- HAROLD D AND ANNETTE PRICE FAMILY FOUNDATION EIN 47-4119262 · last filed 990-PF for 2025
- STANLEY STREET TREATMENT AND RESOURCES EIN 04-2604426 · last filed 990 for 2025
- FAMILY SERVICE ASSOCIATION OF GREATER FALL RIVER INC EIN 04-2104058 · last filed 990 for 2025