BLOCK ISLAND ECONOMIC DEVELOPMENT FOUNDATION INC
PO Box 619, Block Island, RI 02807

Total Revenue
$29,869
Total Expenses
$58,877
Net Assets
$-285,042

Organizations Filed Purposes: The Foundation's mission is to improve economic and social conditions for residents of Block Island. BIED has built and manages a community center that provides child care and senior activities, operates an art gallery for local residents and rents residential units to residents.

The Foundation (BIED) and its subsidiaries' mission is to improve economic and social conditions for residents of Block Island.BIED has done this by providing low and moderate housing. BIED has also built and now managesa community center that provides child care and senior activities. BIED also operates a gallery for local artists.

Spring Street Gallery is a cooperative of Block Island artists who learn from each other, develop their work , provide art related programs and sell their work at a small summer Gallery on the island.

BIED housing subsidiary owns and operates 16 low income rental apartments on Block Island called "E. Searles Ball Memorial Housing." The project is a subsidized rental housing project under the auspices of USDA -- Rural Development. However all income and expense is reported as rental revenue and rental expense.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Monica Hull SheaVice-President3$0
Rebecca BrownSecretary3$0
Gerald PiercePresident3$0
Amadeus MafosiDirector1$0
Heather Russo LittlefieldDirector1$0
Gail PierceDirector3$0
Linda SpakDirector3$0
Roberta MccormickDirector1$0
Christine GreleTreasurer3$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202043219349319354_public.xml