Nonprofit · EIN 32-0295517
ECONOMIC PROGRESS INSTITUTE
Tax-exempt · PROVIDENCE, RI 02908
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $868,083 | $1,026,724 | -$158,641 | $702,026 | $37,689 | $664,337 |
| September 30, 2024 | 990 | $1,019,644 | $1,047,007 | -$27,363 | $868,914 | $45,936 | $822,978 |
| September 30, 2023 | 990 | $1,023,304 | $689,201 | $334,103 | $886,869 | $36,528 | $850,341 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $797,828
- Program service revenue
- $0
- Investment income
- $14,541
- Other revenue
- $55,714
Expenses
- Grants and similar amounts paid
- $38,000
- Compensation of officers, directors and key employees
- $120,750
- Other salaries and wages
- $519,499
- Salaries, compensation and benefits (total)
- $836,893
- Professional fundraising fees
- $0
- Legal fees
- $5,032
- Accounting fees
- $14,190
- Occupancy
- $4,414
- Travel
- $4,096
- Depreciation
- $2,675
- Program services (functional)
- $703,466
- Management and general (functional)
- $204,722
- Fundraising (functional)
- $118,536
Balance sheet and other
- Total assets, start of year
- $868,914
- Total assets, end of year
- $702,026
- Total liabilities, end of year
- $37,689
- Net assets, end of year
- $664,337
- Land, buildings and equipment
- $6,029
- Net assets without donor restrictions
- $458,862
- Net assets with donor restrictions
- $205,475
- Gross receipts
- $868,083
- Employees
- 10
- Year formed
- 2009
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WEAYONNOH NELSON-DAVIES | EXECUTIVE DI Officer | 40 | $120,750 |
| DWAYNE KEYS | CHAIR Trustee or director, Officer | 1 | $0 |
| LINDA SHAW | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| COLLIN E BAILEY ESQ | TREASURER Trustee or director, Officer | 1 | $0 |
| HALEY DE LA ROSA | BOARD MEMBER Trustee or director | 1 | $0 |
| REBECCA DUPRAS ESQ | BOARD MEMBER Trustee or director | 1 | $0 |
| PAULA HODGES | BOARD MEMBER Trustee or director | 1 | $0 |
| SARNYA KP | BOARD MEMBER Trustee or director | 1 | $0 |
| ERICA HAMMOND | BOARD MEMBER Trustee or director | 1 | $0 |
| GERALDINE M BARCLAY-KING | BOARD MEMBER Trustee or director | 1 | $0 |
| DORIS BLANCHARD | BOARD MEMBER Trustee or director | 1 | $0 |
| ANA C URENA | BOARD MEMBER Trustee or director | 1 | $0 |
| MELODY LAWRENCE | BOARD MEMBER Trustee or director | 1 | $0 |
| JOSEPH MAYA RODRIGUEZ | BOARD MEMBER Trustee or director | 1 | $0 |
| PERRI S LEVISS PHD | BOARD MEMBER Trustee or director | 1 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN MCELROY | BOARD MEMBER Trustee or director | 1 | $0 |
| CATHERINE PENA | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WEAYONNOH NELSON-DAVIES | EXECUTIVE DI Officer | 40 | $120,750 |
| DWAYNE KEYS | CHAIR Trustee or director, Officer | 1 | $0 |
| LINDA SHAW | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| COLLIN E BAILEY ESQ | TREASURER Trustee or director, Officer | 1 | $0 |
| HALEY DE LA ROSA | BOARD MEMBER Trustee or director | 1 | $0 |
| ANNA CANO MORALES | BOARD MEMBER Trustee or director | 1 | $0 |
| REBECCA DUPRAS ESQ | BOARD MEMBER Trustee or director | 1 | $0 |
| PAULA HODGES | BOARD MEMBER Trustee or director | 1 | $0 |
| SARNYA KP | BOARD MEMBER Trustee or director | 1 | $0 |
| ERICA HAMMOND | BOARD MEMBER Trustee or director | 1 | $0 |
| GERALDINE M BARCLAY-KING | BOARD MEMBER Trustee or director | 1 | $0 |
| DORIS BLANCHARD | BOARD MEMBER Trustee or director | 1 | $0 |
| ANA C URENA | BOARD MEMBER Trustee or director | 1 | $0 |
| MELODY LAWRENCE | BOARD MEMBER Trustee or director | 1 | $0 |
| JOSEPH MAYA RODRIGUEZ | BOARD MEMBER Trustee or director | 1 | $0 |
| PERRI S LEVISS PHD | BOARD MEMBER Trustee or director | 1 | $0 |
| KEVIN MCELROY | BOARD MEMBER Trustee or director | 1 | $0 |
| CATHERINE PENA | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended September 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WEAYONNOH NELSON-DAVIES | EXECUTIVE DI Officer | 40 | $115,561 |
| DWAYNE KEYS | CHAIR Trustee or director, Officer | 1 | $0 |
| LINDA SHAW | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| COLLIN E BAILEY ESQ | TREASURER Trustee or director, Officer | 1 | $0 |
| JILL BECKWITH | SECRETARY Trustee or director, Officer | 1 | $0 |
| ANNA CANO MORALES | BOARD MEMBER Trustee or director | 1 | $0 |
| PAOLA FERNANDEZ | BOARD MEMBER Trustee or director | 1 | $0 |
| PAULA HODGES | BOARD MEMBER Trustee or director | 1 | $0 |
| SHIDEH SHAFIE | BOARD MEMBER Trustee or director | 1 | $0 |
| ERICA HAMMOND | BOARD MEMBER Trustee or director | 1 | $0 |
| GERALDINE M BARCLAY-KING | BOARD MEMBER Trustee or director | 1 | $0 |
| DORIS BLANCHARD | BOARD MEMBER Trustee or director | 1 | $0 |
| ANA C URENA | BOARD MEMBER Trustee or director | 1 | $0 |
| JOSEPH MAYA RODRIGUEZ | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 600 MOUNT PLEASANT AVENUE, PROVIDENCE, RI 02908-1940
- In care of
- % KATHERINE BREWSTER
- Principal officer (990 for 2024)
- WEAYONNOH NELSON-DAVIES, 600 MT PLEASANT AVENUE, BUILDING 9, PROVIDENCE, RI 02908
- Signed the 990
- WEAYONNOH NELSON-DAVIES, EXECUTIVE DIRECTOR
- Phone
- (401) 456-8512
- Website
- WWW.ECONOMICPROGRESSRI.ORG
- Return prepared by
- WADOVICK & COMPANY
Mission
THE ORGANIZATION'S MISSION IS TO IMPROVE THE ECONOMIC SECURITY OF LOW AND MODEST-INCOME RHODE ISLANDERS AND MONITOR AND ENCOURAGE THE DEVELOPMENT OF TAX AND BUDGET POLICIES THAT ARE EQUITABLE AND ADEQUATE TO FUND PUBLIC SERVICES.
Program accomplishments
- THE INSTITUTE INFORMS POLICY DEBATE WITH ACCURATE, DATA-DRIVEN ANALYSIS ABOUT THE ECONOMIC HEALTH OF RHODE ISLAND AND ITS RESIDENTS. WE SCRUTINIZE REVENUE AND SPENDING PROPOSALS TO DETERMINE HOW THEY WOULD AFFECT RHODE ISLANDER'S DAY-TO-DAY LIVES. WE PUT THIS INFORMATION INTO THE HANDS OF POLICYMAKERS, JOURNALISTS AND CONCERN CITIZENS TO PROMOTE,DEBATE AND ENCOURAGE SOUND DECISION-MAKING.Expenses $464,288 · grants $38,000
- THE INSTITUTE WORKS TO ENSURE THE EFFICACY AND SUSTANABILITY OF WORKER FRIENDLY WORK PLACE POLICIES SUCH AS PAID FAMILY LEAVE. RHODE ISLAND WAS A LEADER IN CREATING ONE OF THE NATION'S FIRST PAID LEAVE PROGRAMS FOR ITS WORKERS - THE TEMPORARY CAREGIVER INSURANCE PROGRAM (TCI) IN JANUARY 2014. WE WORK WITH COMMUNITY ORGANIZATIONS TO ENSURE INDIVIDUALS KNOW ABOUT PROGRAM AND THAT THE ADMINISTRATION OF THE PROGRAM WORKS FOR WORKERS. WE ALSO WORKED WITH A COALITION OF ORGANIZATIONS TO PROVIDE ECONOMIC POLICY ANALYSIS SHOWING WHY PAID SICK LEAVE ARE IMPORTANT, ESPECIALLY FOR LOWER- WAGE WORKERS AND WORKERS OF COLOR, AND HELPED EXPLAIN THE INTERSECTION AND IMPORTANCE OF RHODE ISLAND OFFERING BOTH PAID FAMILY LEAVE EARNED SICK DAYS.Expenses $84,416
- THE INSTITUTE EDUCATES COMMUNITY-BASED WORKERS ABOUT THE WORK SUPPORTS THAT HELP FAMILIES MEET BASIC NEED THROUGH WRITTEN MATERIALS, IN-PERSON TRAINING AND ONLINE GUIDES TO ASSISTANCE. WE ALSO COLLABORATE WITH STATE AGENCIES TO IMPROVE THE DELIVERY OF SERVICES TO IMPROVE EFFICIENCY AND PROGRAM INTEGRITY.Expenses $154,762
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 32-0295517
- 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
- 2010
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W05)
- Assets (IRS master file)
- $702,026
- Income (IRS master file)
- $868,083
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $868,083 | $1,026,724 | $702,026 | XML |
| 990 | September 2024 | $1,019,644 | $1,047,007 | $868,914 | XML |
| 990 | September 2023 | $1,023,304 | $689,201 | $886,869 | XML |
| 990 | September 2022 | $643,357 | $684,499 | $568,401 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 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 32-0295517).
Questions about ECONOMIC PROGRESS INSTITUTE
- What is the EIN of ECONOMIC PROGRESS INSTITUTE?
- The employer identification number (EIN) of ECONOMIC PROGRESS INSTITUTE is 32-0295517.
- Is ECONOMIC PROGRESS INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to ECONOMIC PROGRESS INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ECONOMIC PROGRESS INSTITUTE 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 ECONOMIC PROGRESS INSTITUTE due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ECONOMIC PROGRESS INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of ECONOMIC PROGRESS INSTITUTE?
- The 990 for the year ended September 30, 2025 names WEAYONNOH NELSON-DAVIES.
- Who are the officers and directors of ECONOMIC PROGRESS INSTITUTE?
- The 990 for the year ended September 30, 2025 lists 17 people; 1 received compensation from the organization, the highest $120,750 (WEAYONNOH NELSON-DAVIES, EXECUTIVE DI).
- How much revenue does ECONOMIC PROGRESS INSTITUTE have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $868,083, expenses of $1,026,724 and total assets of $702,026 at year end.
Other nonprofits in PROVIDENCE
- GILBANE COMPANIES CHARITABLE FOUNDATION INC EIN 99-3578570 · last filed 990 for 2025
- LEADERSHIP RHODE ISLAND EDUCATIONAL FOUNDATION EIN 22-2570460 · last filed 990 for 2024
- RHODE ISLAND PUBLIC EXPENDITURE COUNCIL EIN 05-0271571 · last filed 990 for 2024
- RHODE ISLAND BANKERS ASSOCIATION EIN 05-6015433 · last filed 990 for 2025
- NEW BRIDGES FOR HAITIAN SUCCESS INC EIN 46-2853080 · last filed 990 for 2023
- RHODE ISLAND COALITION FOR CHILDREN & FAMILIES EDUCATION FUND INC EIN 47-4570545 · last filed 990 for 2025
- HUMMEL REPORT EIN 27-1082213 · last filed 990-EZ for 2024
- AMERICAN PLANNING ASSOCIATION-RHODE ISLAND CHAPTER EIN 47-4719982 · last filed 990-EZ for 2025
All nonprofits in PROVIDENCE · Rhode Island · Public and societal benefit