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Nonprofit · EIN 86-2157582

LOCAL RETURN

Tax-exempt · PROVIDENCE, RI 02903

Financials

$10K$8K2023$83K$7K2024$17K$26K2025
Revenue Expenses · by fiscal year end
Financials of LOCAL RETURN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$17,131$25,864-$8,733$124,813$425$124,388
December 31, 2024990-EZ (amended)$82,896$6,779$76,117$138,277$5,156$133,121
December 31, 2023990-EZ$10,400$8,239$2,161$57,004$0$57,004
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$16,056
Program service revenue
$1,075

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$19,325
Printing, publications and postage
$915
Other expenses
$5,624
Program services (functional)
$22,329

Balance sheet and other

Total assets, start of year
$138,277
Total assets, end of year
$124,813
Total liabilities, end of year
$425
Net assets, end of year
$124,388
Cash, savings and investments
$57,813
Gross receipts
$17,131

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
GREG MILLERDIRECTOR1$0
LAUREL ENGBRETSONDIRECTOR1$0
JESSICA DAVIDPRESIDENT25$0
RAUL FIGUEROAVICE PRESIDENT1$0
WENDY MACKIETREASURER1$0
JOSH DALYTREASURER (FORMER)1$0
LISA RAIOLASECRETARY1$0
990-EZ for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
RAUL FIGUEROAVICE PRESIDENT2$0
JOSH DALYTREASURER5$0
LISA RAIOLASECRETARY2$0
JESSICA DAVIDPRESIDENT15$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Raul FigueroaVice President2$0
Josh DalyTreasurer2$0
Lisa RaiolaDirector2$0
Carmen Diaz-JusinoDirector and Secretary2$0
Jessica DavidPresident15$0

Address and contacts

Address (IRS master file)
PO BOX 5903, PROVIDENCE, RI 02903-0903
In care of
% JESSICA DAVID
Mailing address (990-N for 2021)
555 South Water Street Unit 302, Providence RI 02903
Principal officer (990-N for 2021)
Jessica David, 555 South Water Street Unit 302, Providence RI 02903
Signed the 990-EZ
JESSICA DAVID, PRESIDENT
Phone
(401) 575-9717
Return prepared by
PARENTE & COMPANY PC

Mission

TO BUILD COMMUNITY WEALTH IN DISINVESTED NEIGHBORHOODS THROUGH COMMUNITY OWNERSHIP AND INVESTMENT.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • BUILD CONSCIOUSNESS AND ENGAGE COMMUNITY MEMBERS AROUND RESILIENT AND JUST LOCAL ECONOMIES.
    Expenses $1,446
  • STRENGTHEN THE LOCAL ECOSYSTEM FOR COMMUNITY INVESTMENT AND OWNERSHIP.
    Expenses $3,809
  • LAUNCHED JUMPSTART RHODE ISLAND TRAINING AND NETWORK BUILDING PROGRAM FOR ASPIRING, NEIGHBORHOOD-BASED REAL ESTATE DEVELOPERS.
    Expenses $17,074

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
86-2157582
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
2022
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$124,813
Income (IRS master file)
$17,131

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$17,131$25,864$124,813XML
990-EZDecember 2024$82,896$6,779$138,277XML
990-EZDecember 2023$10,400$8,239$57,004XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: Jessica David
December 31, 2021≤ $50,000 receipts––e-Postcard

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 86-2157582).

Questions about LOCAL RETURN

What is the EIN of LOCAL RETURN?
The employer identification number (EIN) of LOCAL RETURN is 86-2157582.
Is LOCAL RETURN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to LOCAL RETURN tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LOCAL RETURN file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of LOCAL RETURN due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LOCAL RETURN last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of LOCAL RETURN?
The 990-N for 2021 names Jessica David.
Who are the officers and directors of LOCAL RETURN?
The 990-EZ for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does LOCAL RETURN have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $17,131, expenses of $25,864 and total assets of $124,813 at year end.

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