Nonprofit · EIN 06-1493673
SLATER TECHNOLOGY FUND INC
Tax-exempt · PROVIDENCE, RI 02903
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,893,008 | $2,452,210 | $440,798 | $15,299,520 | $91,527 | $15,207,993 |
| June 30, 2024 | 990 | $2,355,091 | $2,803,110 | -$448,019 | $14,619,182 | $85,850 | $14,533,332 |
| June 30, 2023 | 990 | $818,045 | $2,374,576 | -$1,556,531 | $14,231,172 | $143,149 | $14,088,023 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,049,998
- of which government grants
- $2,049,998
- Program service revenue
- $485,128
- Investment income
- $504,295
- Net gain from sales of assets
- $310,858
- Other revenue
- -$146,413
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $586,651
- Other salaries and wages
- $120,590
- Salaries, compensation and benefits (total)
- $770,300
- Professional fundraising fees
- $0
- Legal fees
- $48,048
- Accounting fees
- $72,198
- Occupancy
- $45,584
- Travel
- $34,499
- Program services (functional)
- $2,192,556
- Management and general (functional)
- $259,654
Balance sheet and other
- Total assets, start of year
- $14,619,182
- Total assets, end of year
- $15,299,520
- Total liabilities, end of year
- $91,527
- Net assets, end of year
- $15,207,993
- Publicly traded securities
- $5,974,189
- Net assets without donor restrictions
- $13,709,620
- Net assets with donor restrictions
- $1,498,373
- Gross receipts
- $3,982,150
- Employees
- 3
- Volunteers
- 9
- Year formed
- 1997
- 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 | Other / benefits |
|---|---|---|---|---|
| THORNE SPARKMAN III | PRESIDENT/MANAGING DIRECTO Officer | 40 | $292,231 | $57,096 |
| ROBERT CHATHAM | VICE PRESIDENT Officer | 40 | $212,048 | $28,604 |
| LARRY LARSON | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT J MACCINI | TREASURER & SECRETARY (AS OF 9/24) Trustee or director, Officer | 1 | $0 | $0 |
| CHRISTOPHER GRAHAM ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALDEN ANDERSON JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NANCY GRAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DONALD L STANFORD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAYNE M DONEGAN ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIMANI TOUSAINT | DIRECTOR (AS OF 12/24) Trustee or director | 1 | $0 | $0 |
| BETHANY D JENKINS | DIRECTOR (AS OF 3/25) Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER MULVANEY | CFO Officer | 5 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THORNE SPARKMAN III | PRESIDENT/MANAGING DIRECTOR Officer | 40 | $307,859 | $58,458 |
| ROBERT CHATHAM | VICE PRESIDENT (AS OF 12/24) Officer | 40 | $209,494 | $27,027 |
| LARRY LARSON | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT J MACCINI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER GRAHAM ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALDEN ANDERSON JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NANCY GRAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DONALD L STANFORD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAYNE M DONEGAN ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DENNIS J DUFFY ESQ | DIRECTOR (TO 06/24) Trustee or director | 1 | $0 | $0 |
| PATRICE MILOS PHD | DIRECTOR (TO 06/24) Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER MULVANEY | CFO Officer | 5 | $0 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THORNE SPARKMAN III | PRESIDENT/MANAGING DIRECTO Officer | 40 | $307,859 | $54,018 |
| ROBERT CHATHAM | DIRECTOR Highest-paid employee | 40 | $209,494 | $7,720 |
| LARRY LARSON | CHAIRMAN Trustee or director | 1 | $0 | $0 |
| DENNIS J DUFFY ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT J MACCINI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER GRAHAM ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALDEN ANDERSON JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PATRICE MILOS PHD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NANCY GRAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DONALD L STANFORD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAYNE M DONEGAN ESQ | DIRECTOR (AS OF 09/22) Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 225 DYER ST, PROVIDENCE, RI 02903-3927
- Principal officer (990 for 2024)
- THORNE SPARKMAN III, PO BOX 9142, PROVIDENCE, RI 02940
- Signed the 990
- THORNE SPARKMAN III, PRESIDENT
- Phone
- (401) 831-6633
- Website
- WWW.SLATERFUND.COM
- Return prepared by
- KAHN LITWIN RENZA & CO LTD
Mission
TO PROMOTE SCIENTIFIC RESEARCH AND DEVELOPMENT IN THE AREAS OF BIOMEDICAL AND INFORMATIONAL TECHNOLOGIES IN THE STATE OF RHODE ISLAND; AND TO SUPPORT JOB CREATION AND OTHER ECONOMIC ACTIVITY IN RHODE ISLAND BASED ON SUCH TECHNOLOGIES. SMALL BUSINESSES PLANNING TO FORM SUCH BUSINESSES, ARE ELIGIBLE TO APPLY FOR GRANT, EQUITY, AND LOAN AWARDS FROM THE FUND.
Program accomplishments
- TECHNOLOGY DEVELOPMENT LOANS - AWARDED LOANS TO SIX (6) R.I. COMPANIES IN ORDER TO PROMOTE SCIENTIFIC RESEARCH AND DEVELOPMENT IN THE BIOMEDICAL TECHNOLOGY, INFORMATION TECHNOLOGY, AND ENERGY INDUSTRIES.Expenses $766,621 · revenue $226,175
- VENTURE SUPPORT - PROVIDED TECHNICAL, BUSINESS DEVELOPMENT ASSISTANCE, AND PUBLIC RELATIONS TO OVER SIXTY (60) QUALIFYING ENTITIES.Expenses $1,143,372
- EQUITY INVESTMENTS IN QUALIFIED COMPANIES - INVESTED IN FIVE (5) R.I. QUALIFIED COMPANIES IN ORDER TO PROVIDE THEM WITH THE CAPITAL INFUSION NECESSARY TO INTRODUCE PRODUCTS IN RHODE ISLAND.Expenses $282,563 · revenue $258,953
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
- 06-1493673
- 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
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U30Z)
- Assets (IRS master file)
- $15,299,520
- Income (IRS master file)
- $3,982,150
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,893,008 | $2,452,210 | $15,299,520 | XML |
| 990 | June 2024 | $2,355,091 | $2,803,110 | $14,619,182 | IRS |
| 990 | June 2023 | $818,045 | $2,374,576 | $14,231,172 | XML |
| 990 | June 2022 | $2,092,918 | $2,676,631 | $15,915,303 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 06-1493673).
Questions about SLATER TECHNOLOGY FUND INC
- What is the EIN of SLATER TECHNOLOGY FUND INC?
- The employer identification number (EIN) of SLATER TECHNOLOGY FUND INC is 06-1493673.
- Is SLATER TECHNOLOGY FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to SLATER TECHNOLOGY FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SLATER TECHNOLOGY FUND 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 SLATER TECHNOLOGY FUND 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 SLATER TECHNOLOGY FUND 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 SLATER TECHNOLOGY FUND INC?
- The 990 for the year ended June 30, 2025 names THORNE SPARKMAN III.
- Who are the officers and directors of SLATER TECHNOLOGY FUND INC?
- The 990 for the year ended June 30, 2025 lists 12 people; 2 received compensation from the organization, the highest $292,231 (THORNE SPARKMAN III, PRESIDENT/MANAGING DIRECTO).
- How much revenue does SLATER TECHNOLOGY FUND INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,893,008, expenses of $2,452,210 and total assets of $15,299,520 at year end.
Other nonprofits in PROVIDENCE
- AMERICAN MATHEMATICAL SOCIETY EIN 05-0264797 · last filed 990 for 2024
- ASSOCIATION FOR WOMEN IN MATHEMATICS INC EIN 23-7354959 · last filed 990 for 2025
- A I A R I ARCHITECTURAL FORUM EIN 30-0020074 · last filed 990-EZ for 2025
- GENOME REPAIR FOUNDATION INC EIN 83-1106926 · last filed 990-PF for 2024
- RHODE ISLAND HOSPITAL EIN 05-0258954 · last filed 990 for 2025
- BROWN UNIVERSITY OF PROVIDENCE EIN 05-0258809 · last filed 990 for 2025
- THE MIRIAM HOSPITAL EIN 05-0258905 · last filed 990 for 2025
- KENT COUNTY MEMORIAL HOSPITAL EIN 05-0258896 · last filed 990 for 2025
All nonprofits in PROVIDENCE · Rhode Island · Science and technology