2025-09-15T14:59:09-05:00 2025-04-30 WITHUMSMITHBROWNPC 25 BRAINTREE HILL OFC PK SUITE 102 BRAINTREE MA 02184 990 2024-05-01 042171799 Greater Fall River Development Corp % PETER SAULINO ESQ CLERK GREA 5086757770 PO Box 2939 Fall River MA 027222939 STEVEN KENYON TREASURER 5086757770 2025-09-15 true true RICHARD L RUVELSON P00234075 6174711120 2024 2025-03-06 01:10:19Z STEVEN KENYON PO Box 2939 Fall River MA 027222939 2893122 false X N/A X 1954 MA BUSINESS AND JOB DEVELOPMENT. 22 21 0 22 0 0 0 0 0 0 528415 676091 0 0 528415 676091 2220000 138372 0 0 0 0 0 0 0 128928 107463 2348928 245835 -1820513 430256 9498881 9905263 11268 12857 9487613 9892406 X BUSINESS AND JOB DEVELOPMENT. false false 34560 Upgrading and developing land for sale to make available to new businesses to start/expand, thus creating new jobs for the Greater Fall River area. 138372 138372 Grants to local school/organizations to support programs and development 172932 false false false false false false false false false false false false false false true false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 1 0 true 0 false false false false false false false false X 22 21 false false false false false false false true true false false false true true true true true false false false MA X PETER SAULINO ESQ CLERK 5086757770 550 LOCUST STREET FALL RIVER MA 02720 PETER SAULINO ESQ CLERK 1.0 0.0 X X 250 0 0 PAUL M JONCAS PRESIDENT 1.0 0.0 X X 0 0 0 JASON M RUA VICE PRESIDENT 1.0 0.0 X X 0 0 0 PHILIP PELLETIER VICE PRESIDENT 1.0 0.0 X X 0 0 0 STEVEN KENYON TREASURER 1.0 0.0 X X 0 0 0 PETER CABRAL ASSISTANT TREASURER 1.0 0.0 X X 0 0 0 JAMES PALUMBO ASSISTANT CLERK 1.0 0.0 X X 0 0 0 F NELSON BLOUNT DIRECTOR 1.0 0.0 X 0 0 0 BRUCE FERNANDES CPA MST DIRECTOR 1.0 0.0 X 0 0 0 JAMES P SABRA DIRECTOR 1.0 0.0 X 0 0 0 MARTIN SCHWALM DIRECTOR 1.0 0.0 X 0 0 0 R CHRISTIAN LAFRANCE DIRECTOR 1.0 0.0 X 0 0 0 JAMES WALLACE DIRECTOR 1.0 0.0 X 0 0 0 KENNETH R REZENDES DIRECTOR 1.0 0.0 X 0 0 0 MATTHEW BURKE DIRECTOR 1.0 0.0 X 0 0 0 JEFFREY PAGLIUCA DIRECTOR 1.0 0.0 X 0 0 0 PAUL CARRIGG DIRECTOR 1.0 0.0 X 0 0 0 DANIEL ABRAHAM DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL BUSHELL DIRECTOR 1.0 0.0 X 0 0 0 STEPHEN KARAM DIRECTOR 1.0 0.0 X 0 0 0 SHAUN O'HEARN JR DIRECTOR 1.0 0.0 X 0 0 0 ROBERT BOGAN PAST PRESIDENT 1.0 0.0 X X 0 0 0 250 0 0 0 false false false 0 0 0 243424 243424 0 0 0 0 0 2649698 2217031 432667 432667 0 0 432667 0 0 0 0 0 0 0 0 0 0 676091 0 0 676091 138372 138372 0 0 0 0 0 0 0 0 0 0 250 250 16310 16310 0 0 46352 46352 0 0 810 810 0 0 10896 10896 0 0 5538 5538 0 0 0 3399 3399 0 REPAIRS AND MAINTENANCE 23664 23664 MISC EXPENSES 244 244 245835 172932 72903 0 X 77456 449054 1031208 1284907 0 0 0 0 0 0 0 0 0 0 287491 287491 1770 6466 0 0 7862893 7621067 238063 256278 0 0 0 0 0 0 9498881 9905263 11268 12857 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11268 12857 X 7203527 8085735 2284086 1806671 9487613 9892406 9498881 9905263 430256 -25463 X true X false true false 0 0 X PART X, LINE 2: The Corporation has been notified by the Internal Revenue Service that it meets the qualifications to be classified as a tax-exempt entity under Section 501 (c)(4) of the Internal Revenue Code. As a not-for-profit entity exempt from income taxes, the Corporation may, however, be subject to tax on unrelated business income. Accounting principles generally accepted in United States of America require an entity to assess the probability that a tax position has a more likely than not sustainability after review by tax authorities. If a tax position is deemed not to meet this threshold, any unrecognized tax benefits and costs are estimated and recognized. Tax returns are routinely open for review by the tax authorities for three years from their due date. In certain circumstances, the statute of limitations may remain open indefinitely. As a not-for-profit entity exempt from income taxes under section 501(c)(4) of the Internal Revenue Code, the Corporation may, however, be subject to tax on unrelated business income. true Fall River Deaconess Home 259 Prospect Street Fall River MA 02720 042103766 501(c)(3) 8372 N/A N/A Technology Grant People Incorporated 4 South Main Street Fall River MA 02721 042447216 501(c)(3) 25000 N/A N/A Argosy Collegiate Charter School 263 Hamlet Street Fall River MA 02724 464965951 115 20000 N/A N/A Junior Achievement of Southern Mass 128 Union St Ste 304 New Bedford New Bedford MA 02740 043193575 501(c)(3) 35000 N/A N/A Holy Trinity School 64 Lamphor St Fall River MA 02720 043429848 501(c)(3) 50000 N/A N/A 5 0 FORM 990, PART VI, SECTION B, LINE 11B: THE FORM 990 IS REVIEWED AND ACCEPTED BY THE TREASURER AND PRESIDENT PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C: PERIODIC REVIEWS ARE CONDUCTED TO ENSURE THAT THE ORGANIZATION DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE REVIEWS INCLUDE DETERMINING THAT COMPENSATION ARRRANGEMENTS AND BENEFITS ARE REASONABLE AND THE RESULT OF ARM'S LENGTH BARGAINING AND THAT ALL ARRANGEMENTS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION C, LINE 18: ALL FORMS ARE AVAILABLE UPON REQUEST. FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19: FINANCIAL STATEMENTS ARE AVAILABLE THROUGH THE COMMONWEALTH OF MASSACHUSETTS DIVISION OF PUBLIC CHARITIES. GOVERNING DOCUMENTS ARE AVAILABLE ONLINE VIA THE SECRETARY FOR THE COMMONWEALTH OF MASSACHUSETTS CORPORATE DATABASE. ALL DOCUMENTS, INCLUDING THE CONFLICT OF INTEREST POLICY ARE ALSO AVAILABLE UPON REQUEST BY CALLING 508-673-9708.