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Nonprofit · EIN 82-3979153

RIMTA FOUNDATION

Tax-exempt · NEWPORT, RI 02840

Financials

$51K$35K2022$0$26K2023$172K$175K2024
Revenue Expenses · by fiscal year end
Financials of RIMTA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990-EZ$172,089$174,799-$2,710$9,596$0$9,596
September 30, 2024990$0$25,916-$25,916$12,306$0$12,306
September 30, 2023990$51,050$34,770$16,280$43,224$5,002$38,222
Financial details: 990-EZ for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$172,089

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$174,523
Other expenses
$276
Program services (functional)
$173,145

Balance sheet and other

Total assets, start of year
$12,306
Total assets, end of year
$9,596
Total liabilities, end of year
$0
Net assets, end of year
$9,596
Cash, savings and investments
$9,596
Gross receipts
$172,089

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-EZ for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
WHITNEY JONESPRESIDENT & DIRECTOR0.25$0
PAUL HARDENTREASURER & DIRECTOR0.25$0
JAY FRECHETTESECRETARY & DIRECTOR0.25$0
RICHARD CROMWELLDIRECTOR0.25$0
RAYMOND LEBLANCDIRECTOR0.25$0
MATT LEDUCDIRECTOR0.25$0
990 for the year ended September 30, 2024: 6 people
NameTitleHours / weekCompensation
MATT LEDUCPRESIDENT & DIRECTOR
Trustee or director, Officer
0.25$0
RAY LEBLANCVICE PRESIDENT & DIRECTOR
Trustee or director, Officer
0.25$0
PAUL HARDENTREASURER & DIRECTOR
Trustee or director, Officer
0.25$0
JAY FRECHETTESECRETARY & DIRECTOR
Trustee or director, Officer
0.25$0
RICHARD CROMWELLDIRECTOR
Trustee or director
0.25$0
JOHN TREGENZAPAST PRESIDENT & DIRECTOR
Trustee or director
0.25$0
990 for the year ended September 30, 2023: 6 people
NameTitleHours / weekCompensation
RICHARD CROMWELLDIRECTOR
Trustee or director, Officer
–$0
JAY FRECHETTESEC & DIR
Trustee or director, Officer
–$0
PAUL HARDENTREASURER &
Trustee or director, Officer
–$0
RAY LEBLANCVP & DIR
Trustee or director, Officer
–$0
MATT LEDUCPRES & DIR
Trustee or director, Officer
–$0
JOHN TREGENZAPAST PRES &
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
513 BROADWAY 320, NEWPORT, RI 02840-1471
Signed the 990-EZ
MARK KRAVATZ, EXECUTIVE DIRECTOR
Phone
(401) 396-9619
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

ENHANCING RHODE ISLAND MARINE TRADE INDUSTRY IN A SUSTAINABLE AND EQUITABLE WAY.

990-EZ for the year ended September 30, 2025

Program accomplishments

  • THE RIMTA FOUNDATION REMAINS COMMITTED TO ADVANCING SUSTAINABILITY WITHIN RHODE ISLAND'S MARINE TRADES INDUSTRY THROUGH A SERIES OF IMPACTFUL ENVIRONMENTAL INITIATIVES. THE RHODE ISLAND FIBERGLASS VESSEL RECYCLING PROGRAM CONTINUES TO EXPLORE SUSTAINABLE ALTERNATIVES FOR END-OF-LIFE BOAT DISPOSAL BY DEVELOPING SCALABLE RECYCLING SOLUTIONS, INCLUDING REPURPOSING FIBERGLASS WASTE FOR INDUSTRIAL APPLICATIONS. THIS PROGRAM BUILDS ON RESEARCH AND PILOT PROJECTS TO CREATE VIABLE RECYCLING PATHWAYS THAT REDUCE LANDFILL WASTE AND PROMOTE INDUSTRY-WIDE ENVIRONMENTAL STEWARDSHIP. ADDITIONALLY, THE RHODE ISLAND CLEAN MARINA PROGRAM PROVIDES TECHNICAL ASSISTANCE AND CERTIFICATION TO MARINAS IMPLEMENTING BEST MANAGEMENT PRACTICES THAT PROTECT COASTAL WATERWAYS, ENSURING COMPLIANCE WITH ENVIRONMENTAL REGULATIONS WHILE PROMOTING ECO-FRIENDLY OPERATIONS. THE FOUNDATION ALSO SUPPORTS A BOATBUILDING INTERNSHIP PROGRAM FOR STUDENTS FROM BRISTOL, RI, OFFERING HANDS-ON TRAINING IN TRADITIONAL AND SUSTAINABLE BOATBUILDING TECHNIQUES. THESE PROGRAMS COLLECTIVELY REINFORCE THE FOUNDATION'S MISSION TO INTEGRATE ENVIRONMENTAL RESPONSIBILITY WITH WORKFORCE DEVELOPMENT, ENSURING A MORE SUSTAINABLE FUTURE FOR RHODE ISLAND'S MARINE TRADES.
    Expenses $173,145

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 yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990-EZ on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
82-3979153
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
2018
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,596
Income (IRS master file)
$172,089

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZSeptember 2025$172,089$174,799$9,596XML
990September 2024$0$25,916$12,306XML
990September 2023$51,050$34,770$43,224XML
990September 2022$25,000$133,376$52,975IRS
990September 2021–––IRS
990September 2020–––IRS
990-EZSeptember 2019–––IRS
990-EZSeptember 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 82-3979153).

Questions about RIMTA FOUNDATION

What is the EIN of RIMTA FOUNDATION?
The employer identification number (EIN) of RIMTA FOUNDATION is 82-3979153.
Is RIMTA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to RIMTA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RIMTA FOUNDATION 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 RIMTA FOUNDATION 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 RIMTA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended September 2025.
Who are the officers and directors of RIMTA FOUNDATION?
The 990-EZ for the year ended September 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does RIMTA FOUNDATION have?
On its 990-EZ for the year ended September 30, 2025 it reported revenue of $172,089, expenses of $174,799 and total assets of $9,596 at year end.

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