Nonprofit · EIN 92-2761416
R I FISHERMENS FUTURE VIABILITY TRUST 2 SOUTH FORK PROJECT INC
Tax-exempt · N KINGSTOWN, RI 02852
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $168,790 | $161,172 | $7,618 | $4,330,004 | $0 | $4,330,004 |
| December 31, 2024 | 990 | $207,352 | $171,972 | $35,380 | $4,271,943 | $0 | $4,271,943 |
| December 31, 2023 | 990 | $4,271,869 | $74,964 | $4,196,905 | $4,206,144 | $0 | $4,206,144 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $168,790
- Net gain from sales of assets
- $52,254
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $63,604
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $81,488
- Accounting fees
- $7,830
- Program services (functional)
- $161,172
Balance sheet and other
- Total assets, start of year
- $4,271,943
- Total assets, end of year
- $4,330,004
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,330,004
- Publicly traded securities
- $1,437,979
- Gross receipts
- $2,034,176
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2023
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Christopher Lee | Director Trustee or director | 1 | $0 |
| Michael Marchetti | Director Trustee or director | 1 | $0 |
| Richard Bellavance Jr | Director Trustee or director | 1 | $0 |
| Anne Hawkins | Director Trustee or director | 1 | $0 |
| Spencer Seitz | Director Trustee or director | 1 | $0 |
| Katie Almeida | Director Trustee or director | 1 | $0 |
| Michael Marchetti | Director Trustee or director | 1 | $0 |
| Frederick Mattera | Director Trustee or director | 1 | $0 |
| Christopher Lee | President Officer | 1 | $0 |
| Michael Marchetti | Vice President Officer | 1 | $0 |
| Richard Bellavance Jr | Vice President Officer | 1 | $0 |
| Anne Hawkins | Vice President Officer | 1 | $0 |
| Spencer Seitz | Secretary Officer | 1 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Christopher Lee | Director Trustee or director | 1 | $0 |
| Michael Marchetti | Director Trustee or director | 1 | $0 |
| Richard Bellavance Jr | Director Trustee or director | 1 | $0 |
| Anne Hawkins | Director Trustee or director | 1 | $0 |
| Spencer Seitz | Director Trustee or director | 1 | $0 |
| Katie Almeida | Director Trustee or director | 1 | $0 |
| Michael Marchetti | Director Trustee or director | 1 | $0 |
| Frederick Mattera | Director Trustee or director | 1 | $0 |
| Christopher Lee | President Officer | 1 | $0 |
| Michael Marchetti | Vice President Officer | 1 | $0 |
| Richard Bellavance Jr | Vice President Officer | 1 | $0 |
| Anne Hawkins | Vice President Officer | 1 | $0 |
| Spencer Seitz | Secretary Officer | 1 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Christopher Lee | Director Trustee or director | 1 | $0 |
| Michael Marchetti | Director Trustee or director | 1 | $0 |
| Richard Bellavance Jr | Director Trustee or director | 1 | $0 |
| Anne Hawkins | Director Trustee or director | 1 | $0 |
| Spencer Seitz | Director Trustee or director | 1 | $0 |
| Katie Almeida | Director Trustee or director | 1 | $0 |
| Michael Marchetti | Director Trustee or director | 1 | $0 |
| Frederick Mattera | Director Trustee or director | 1 | $0 |
| Christopher Lee | President Officer | 1 | $0 |
| Michael Marchetti | Vice President Officer | 1 | $0 |
| Richard Bellavance Jr | Vice President Officer | 1 | $0 |
| Anne Hawkins | Vice President Officer | 1 | $0 |
| Spencer Seitz | Secretary Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 45 ALL AMERICAN WAY, N KINGSTOWN, RI 02852-2607
- Principal officer (990 for 2025)
- Christopher Lee, 45 All American Way, North Kingstown, RI 02852
- Signed the 990
- Christopher Lee, President
- Phone
- (401) 996-4894
- Return prepared by
- Mulvaney Tax and Advisory Services LLC
Mission
Rhode Island Fishermen's Future Viability Trust 2 (South Fork Project), Inc. is organized to provide for compensatory mitigation and the establishment of a direct compensation program as required in the agreement regarding the establishment and funding of the Rhode Island Fisheries direct compensation program and coastal community fund dated June 30, 2021, between South Fork Wind, LLC and the Rhode Island Coastal Resources Management Council.
Program accomplishments
- Managed and disbursed grant income for the purpose of the direct compensation program.Expenses $161,172
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 92-2761416
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P12)
- Assets (IRS master file)
- $4,330,004
- Income (IRS master file)
- $2,034,176
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $168,790 | $161,172 | $4,330,004 | IRS |
| 990 | December 2024 | $207,352 | $171,972 | $4,271,943 | IRS |
| 990 | December 2023 | $4,271,869 | $74,964 | $4,206,144 | XML |
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 92-2761416).
Questions about R I FISHERMENS FUTURE VIABILITY TRUST 2 SOUTH FORK PROJECT INC
- What is the EIN of R I FISHERMENS FUTURE VIABILITY TRUST 2 SOUTH FORK PROJECT INC?
- The employer identification number (EIN) of R I FISHERMENS FUTURE VIABILITY TRUST 2 SOUTH FORK PROJECT INC is 92-2761416.
- Is R I FISHERMENS FUTURE VIABILITY TRUST 2 SOUTH FORK PROJECT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2025.
- Are donations to R I FISHERMENS FUTURE VIABILITY TRUST 2 SOUTH FORK PROJECT INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does R I FISHERMENS FUTURE VIABILITY TRUST 2 SOUTH FORK PROJECT INC 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 R I FISHERMENS FUTURE VIABILITY TRUST 2 SOUTH FORK PROJECT INC 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 R I FISHERMENS FUTURE VIABILITY TRUST 2 SOUTH FORK PROJECT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of R I FISHERMENS FUTURE VIABILITY TRUST 2 SOUTH FORK PROJECT INC?
- The 990 for the year ended December 31, 2025 names Christopher Lee.
- Who are the officers and directors of R I FISHERMENS FUTURE VIABILITY TRUST 2 SOUTH FORK PROJECT INC?
- The 990 for the year ended December 31, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does R I FISHERMENS FUTURE VIABILITY TRUST 2 SOUTH FORK PROJECT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $168,790, expenses of $161,172 and total assets of $4,330,004 at year end.
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