EIN 05-0445955

East Bay Community Development Corporation

Name: East Bay Community Development Corporation financials for 2024
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Bristol

State

Rhode Island

Year formed

1985

Most recent tax filings

2024-06-01

NTEE code, primary

L25: Housing Rehabilitation

Description

East Bay Community Development Corporation's mission is to provide decent and affordable housing opportunities to low and moderate income persons. The organization strives to improve the housing stock, assist individuals in becoming homeowners, and provide decent housing to those in need. They purchase, sell and rent housing for low and moderate income persons, including a property used in tax credit low-income housing. Additionally, the organization owns and rents 4 units of housing outright and manages them with care.

Total revenues

$1,593,849

2024

Total expenses

$1,727,107

2024

Total assets

$4,223,835

2024

Num. employees

2024

Program areas at East Bay Community Development Corporation

The organization purchases, sells and rents housing for low and moderate income persons. The organization has acquired a property to be used in tax credit low income housing. In addition, the organization owns and rents 4 units of housing outright and manages low income housing properties with over 333 units in which it has a general partner interest or controlling interest. Substantially all of units are rented to low and moderate income persons

Who funds East Bay Community Development Corporation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Living East Bay	2023-03	Distribution of Remaining Assets Consistent With Bylaws	$0

Personnel at East Bay Community Development Corporation

Name	Title	Compensation	Date of data
Diane Mederos	Executive Director	$101,335	2023-11-16
Vicky White	Treasurer	$0	2023-06-30
Mary Moreira	Secretary	$0	2023-06-30
Catherine Tattrie	Vice President	$0	2023-06-30
Denise Asciola	President	$0	2023-06-30
...and 3 more key personnel

Financials for East Bay Community Development Corporation

Revenues	FYE 06/2024	FYE 06/2023	% Change
Total grants, contributions, etc.	$729,361	$105,178	593.5%
Program services	$843,322	$1,093,716	-22.9%
Investment income and dividends	$21,136	$12,450	69.8%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$-78,079	-100%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$30	$37,962	-99.9%
Total revenues	$1,593,849	$1,171,227	36.1%

Form 990s for East Bay Community Development Corporation

Fiscal year ending	Date received by IRS	Form	PDF link
2024-06	2024-09-10	990	View PDF
2023-06	2023-09-07	990	View PDF
2022-06	2022-08-12	990	View PDF
2021-06	2021-09-03	990	View PDF
2020-06	2020-11-20	990	View PDF
...and 10 more Form 990s

Organizations like East Bay Community Development Corporation

Organization	Type	Location	Revenue
Desales Community Development	501(c)(3)	Saint Louis, MO	$1,657,631
Fenway Community Development Corporation	501(c)(3)	Boston, MA	$5,660,025
Lowell Community Development Corporation	501(c)(3)	Fresno, CA	$1,090,500
Promesa Housing Development Fund Corporation	501(c)(3)	Bronx, NY	$7,954,144
Downtown Manhattan Community Development Corporation	501(c)(3)	New York, NY	$855,851
Newtown Community Development Corporation	501(c)(3)	Tempe, AZ	$4,374,450
Westside Community Development Corporation	501(c)(3)	Indianapolis, IN	$1,757,830
Summit Hill Community Development Corporation	501(c)(3)	Bloomington, IN	$1,030,154
New Orleans Redevelopment Unlimited	501(c)(3)	New Orleans, LA	$2,084,618
Union Miles Development Corporation	501(c)(3)	Cleveland, OH	$967,802

Data update history

October 23, 2023

Posted financials

Added Form 990 for fiscal year 2023

October 22, 2023

Used new vendors

Identified 1 new vendor, including

August 10, 2023

Posted financials

Added Form 990 for fiscal year 2022

May 11, 2023

Used new vendors

Identified 1 new vendor, including

July 20, 2022

Posted financials

Added Form 990 for fiscal year 2021

Nonprofit Types

Public sector nonprofitsBusiness and community development organizationsHousing and shelter organizationsHeadquarter / parent organizationsCharities

Issues

Human servicesCommunity improvementHousing

Characteristics

Receives government fundingManagement and technical assistanceTax deductible donationsNo full-time employees

General information

Address: 150 Franklin St; Bristol, RI 02809
Metro area: Providence-Warwick, RI-MA
County: Bristol County, RI
Phone: (401) 253-2080

IRS details

EIN: 05-0445955
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 1985
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: L25: Housing Rehabilitation
NAICS code, primary: 926110: Economic Development Corporations and Economic Program Organizations
Parent/child status: Central organization

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East Bay Community Development Corporation

Program areas at East Bay Community Development Corporation

Who funds East Bay Community Development Corporation

Personnel at East Bay Community Development Corporation

Financials for East Bay Community Development Corporation

Form 990s for East Bay Community Development Corporation

Organizations like East Bay Community Development Corporation

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