Nonprofit · EIN 05-0490385
NEWPORT COUNTY DEVELOPMENT COUNCIL
Tax-exempt · NEWPORT, RI 02840
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $244,701 | $242,271 | $2,430 | $562,067 | $416,035 | $146,032 |
| December 31, 2023 | 990 | $403,399 | $414,953 | -$11,554 | $317,930 | $176,920 | $141,010 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $148,896
- of which government grants
- $148,896
- Program service revenue
- $0
- Investment income
- $8,917
- Other revenue
- $86,888
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,573
- Depreciation
- $13,950
- Program services (functional)
- $13,950
- Management and general (functional)
- $228,321
Balance sheet and other
- Total assets, start of year
- $317,930
- Total assets, end of year
- $562,067
- Total liabilities, end of year
- $416,035
- Net assets, end of year
- $146,032
- Publicly traded securities
- $129,146
- Net assets without donor restrictions
- $146,032
- Gross receipts
- $244,701
- Employees
- 0
- Year formed
- 1995
- State of legal domicile
- RI
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GAIL ALOFSIN | DIRECTOR Trustee or director | – | $0 |
| RICHARD CROMWELL | CHAIRMAN Trustee or director, Officer | – | $0 |
| LELAND MERRILL | TREASURER Trustee or director, Officer | – | $0 |
| JOSEPH NICHOLSON | SECRETARY Trustee or director, Officer | – | $0 |
| CRISTINA OFFENBERG | LEGAL COUNSE Trustee or director | – | $0 |
| CRAIG SCULOS | DIRECTOR Trustee or director, Officer | – | $0 |
| ANDREW TAVARES | EX-OFFICIO Trustee or director, Officer | – | $0 |
| MELISSA VARAO | VICE CHAIR Trustee or director, Officer | – | $0 |
| MATTHEW VARGAS | DIRECTOR Trustee or director | – | $0 |
| ERIN DONOVAN-BOYLE | PRESIDENT & Officer | – | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GAIL ALOFSIN | DIRECTOR Trustee or director | – | $0 |
| RICHARD CROMWELL | TREASURER Trustee or director, Officer | – | $0 |
| LELAND MERRILL | SECRETARY Trustee or director, Officer | – | $0 |
| CRISTINA OFFENBERG | LEGAL COUNSE Trustee or director | – | $0 |
| JOSEPH PRATT | CHAIRMAN EX Trustee or director, Officer | – | $0 |
| CRAIG SCULOS | DIRECTOR Trustee or director, Officer | – | $0 |
| ANDREW TAVARES | CHAIRMAN Trustee or director, Officer | – | $0 |
| MELISSA VARAO | VICE CHAIR Trustee or director, Officer | – | $0 |
| MATTHEW VARGAS | DIRECTOR Trustee or director | – | $0 |
| ERIN DONOVAN-BOYLE | PRESIDENT & Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 513 BROADWAY SUITE 218, NEWPORT, RI 02840-1471
- In care of
- % KEITH S STOKES
- Principal officer (990 for 2024)
- ERIN DONOVAN-BOYLE, 513 BROADWAY, STE 218, NEWPORT, RI 02840
- Signed the 990
- ERIN DONOVAN-BOYLE, PRESIDENT & CEO
- Phone
- (401) 847-1608
- Return prepared by
- DEVINE & ASSOCIATES LLC
Mission
ASSIST NEWPORT COUNTY CHAMBER OF COMMERCE IN IDENTIFYING, DEVELOPING, OPERATING,FUNDING AND SUPPORTING PROJECTS THAT STIMULATE COMMERCE AND TRADE IN NEWPORT COUNTY,RHODE ISLAND.
Program accomplishments
- CONNECT GREATER NEWPORT: THE REGIONAL ECONOMIC DEVELOPMENT INITIATIVE IN NEWPORT COUNTY AND THE EAST BAY IS A PROJECT THAT WILL IMPLEMENT THE CREATION OF AN ORGANIZATIONAL FRAMEWORK, THE DEVELOPMENT OF AN INTEGRATED WEBSITE AND MARKETING MATERIALS, AND THE ESTABLISHMENT OF PROACTIVE POLICIES DESIGNED TO FURTHER EFFORTS FOR CLOSER REGIONAL COLLABORATION AND THE STRENGTHENING OF THE COUNTYS ECONOMIC AND CIVIC VITALITY.
- CONNECT GREATER NEWPORT: THE REGIONAL ECONOMIC DEVELOPMENT INITIATIVE IN NEWPORT COUNTY AND THE EAST BAY IS A PROJECT THAT WILL IMPLEMENT THE CREATION OF AN ORGANIZATIONAL FRAMEWORK, THE DEVELOPMENT OF AN INTEGRATED WEBSITE AND MARKETING MATERIALS, AND THE ESTABLISHMENT OF PROACTIVE POLICIES DESIGNED TO FURTHER EFFORTS FOR CLOSER REGIONAL COLLABORATION AND THE STRENGTHENING OF THE COUNTYS ECONOMIC AND CIVIC VITALITY.Expenses $13,950
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 05-0490385
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30I)
- Assets (IRS master file)
- $562,067
- Income (IRS master file)
- $244,701
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $244,701 | $242,271 | $562,067 | XML |
| 990 | December 2023 | $403,399 | $414,953 | $317,930 | XML |
| 990 | December 2022 | $393,680 | $407,274 | $476,927 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 05-0490385).
Questions about NEWPORT COUNTY DEVELOPMENT COUNCIL
- What is the EIN of NEWPORT COUNTY DEVELOPMENT COUNCIL?
- The employer identification number (EIN) of NEWPORT COUNTY DEVELOPMENT COUNCIL is 05-0490385.
- Is NEWPORT COUNTY DEVELOPMENT COUNCIL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to NEWPORT COUNTY DEVELOPMENT COUNCIL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEWPORT COUNTY DEVELOPMENT COUNCIL 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 NEWPORT COUNTY DEVELOPMENT COUNCIL due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEWPORT COUNTY DEVELOPMENT COUNCIL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NEWPORT COUNTY DEVELOPMENT COUNCIL?
- The 990 for the year ended December 31, 2024 names ERIN DONOVAN-BOYLE.
- Who are the officers and directors of NEWPORT COUNTY DEVELOPMENT COUNCIL?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does NEWPORT COUNTY DEVELOPMENT COUNCIL have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $244,701, expenses of $242,271 and total assets of $562,067 at year end.
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All nonprofits in NEWPORT · Rhode Island · Community improvement and capacity building