Nonprofit · EIN 05-0508151
RISD HOLDINGS INC
Tax-exempt · PROVIDENCE, RI 02903
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,275,233 | $1,128,598 | $146,635 | $9,180,296 | $8,338,810 | $841,486 |
| June 30, 2024 | 990 | $1,299,651 | $1,162,599 | $137,052 | $6,900,731 | $6,205,880 | $694,851 |
| June 30, 2023 | 990 | $2,819,212 | $1,159,893 | $1,659,319 | $9,187,753 | $7,815,742 | $1,372,011 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,275,233
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $49,499
- Occupancy
- $392,017
- Travel
- $152
- Depreciation
- $157,638
Balance sheet and other
- Total assets, start of year
- $6,900,731
- Total assets, end of year
- $9,180,296
- Total liabilities, end of year
- $8,338,810
- Net assets, end of year
- $841,486
- Land, buildings and equipment
- $4,420,237
- Net assets without donor restrictions
- $874,416
- Net assets with donor restrictions
- -$32,930
- Gross receipts
- $1,275,233
- Employees
- 0
- Volunteers
- 2
- Year formed
- 1999
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CRYSTAL WILLIAMS | PRESIDENT/CHAIR Trustee or director, Officer | 1 | $0 | $642,342 | $72,142 |
| DAVID ROSATI | TREASURER/SECRETARY Trustee or director, Officer | 1 | $0 | $365,905 | $67,254 |
| KAREN HAMMOND | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BOB DIMUCCIO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CRYSTAL WILLIAMS | PRESIDENT/CHAIR Trustee or director, Officer | 1 | $0 | $635,176 | $69,212 |
| DAVID ROSATI | TREASURER/SECRETARY Trustee or director, Officer | 1 | $0 | $179,385 | $26,331 |
| KAREN HAMMOND | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BOB DIMUCCIO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CRYSTAL WILLIAMS | PRESIDENT Trustee or director, Officer | 1 | $0 | $412,115 | $25,329 |
| DAVID PROULX | TREASURER/SECRETARY (UNTIL 7/22) Trustee or director, Officer | 1 | $0 | $217,426 | $4,996 |
| KAREN HAMMOND | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PHILIP E TOBEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 20 WASHINGTON PLACE, PROVIDENCE, RI 02903-1358
- In care of
- % THOMAS MATTOS CONTROLLER
- Principal officer (990 for 2024)
- CRYSTAL WILLIAMS, 20 WASHINGTON PLACE, PROVIDENCE, RI 02903
- Signed the 990
- DAVID ROSATI, SENIOR VP, FINANACE & ADMIN
- Phone
- (401) 454-6474
- Website
- WWW.RISD.EDU
- Return prepared by
- CBIZ ADVISORS LLC
Mission
THE PURPOSE OF RISD HOLDINGS, INC. IS TO HOLD TITLE TO VARIOUS PROPERTIES, TO COLLECT RENTAL INCOME FROM SUCH PROPERTIES, AND TO TURN (SEE SCHEDULE O)OVER THE FULL AMOUNT OF INCOME, LESS EXPENSES, TO RHODE ISLAND SCHOOL OF DESIGN (RISD) TO HELP RISD CARRY OUT ITS EDUCATIONAL MISSION. RISD HOLDINGS, INC. CONDUCTS ITS BUSINESS IN PROVIDENCE, RHODE ISLAND, ADJACENT TO THE RISD CAMPUS.
Program accomplishments
- RISD HOLDINGS, INC. HOLDS TITLE TO VARIOUS PROPERTIES, COLLECTS RENTAL INCOME FROM SUCH PROPERTIES, AND TURNS OVER THE FULL AMOUNT OF INCOME, LESS EXPENSES, TO RHODE ISLAND SCHOOL OF DESIGN (RISD) TO HELP RISD CARRY OUT ITS EDUCATIONAL MISSION. RISD HOLDINGS, INC. CONDUCTS ITS BUSINESS IN PROVIDENCE, RHODE ISLAND, ADJACENT TO THE RISD CAMPUS.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 05-0508151
- Tax-exempt status
- 501(c)(25): Title-holding corporation for multiple parents
- Donations deductible
- No
- Exempt since
- 2011
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S470)
- Assets (IRS master file)
- $9,180,296
- Income (IRS master file)
- $1,275,233
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,275,233 | $1,128,598 | $9,180,296 | IRS |
| 990 | June 2024 | $1,299,651 | $1,162,599 | $6,900,731 | IRS |
| 990 | June 2023 | $2,819,212 | $1,159,893 | $9,187,753 | XML |
| 990 | June 2022 | $1,193,029 | $1,166,275 | $7,102,518 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 05-0508151).
Questions about RISD HOLDINGS INC
- What is the EIN of RISD HOLDINGS INC?
- The employer identification number (EIN) of RISD HOLDINGS INC is 05-0508151.
- Is RISD HOLDINGS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(25) since 2011.
- Are donations to RISD HOLDINGS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does RISD HOLDINGS INC 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 RISD HOLDINGS INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RISD HOLDINGS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of RISD HOLDINGS INC?
- The 990 for the year ended June 30, 2025 names CRYSTAL WILLIAMS.
- Who are the officers and directors of RISD HOLDINGS INC?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does RISD HOLDINGS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,275,233, expenses of $1,128,598 and total assets of $9,180,296 at year end.
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- COMMUNITY ACTION PARTNERSHIP OF PROVIDENCE EIN 46-1472304 · last filed 990 for 2025
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- INTERNATIONAL ASSOCIATION OF ANTARCTICA TOUR OPERATORS EIN 47-1915198 · last filed 990 for 2025
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All nonprofits in PROVIDENCE · Rhode Island · Community improvement and capacity building