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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Economic Development Foundation of Rhode Island Inc.

Economic Development Foundation of Rhode Island Inc.

Fiscal year ending 2025. Filed on November 4, 2025.

1300 Highland Corporate Dr 202
Cumberland, Rhode Island 02864

Economic Development Foundation of Rhode Island Inc. (EIN: 05-0319515) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2025 IRS Form 990 filing, Economic Development Foundation of Rhode Island Inc., a 501(c)(4) civic league or social welfare organization, reported compensation for 2 out of 2 total employees. Among the employees shown here, the average compensation is $163,777. The highest compensated employee at Economic Development Foundation of Rhode Island Inc. is Scott Gibbs with fiscal year 2025 compensation of $221,414.

Revenue, expenses, and employee compensation

Revenue

$332,003

Expenses

$409,193

Employee compensation

$218,326
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Scott Gibbs
President Through DEC 2024
$221,414
$221,414 No related compNo other comp
Michelle Godin
Vice President
$106,139
$106,139 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Alan J Doyle
Director
Anthony W Caner
Director
Colin P Kane
Chair
Dana M Newbrook
Director
Gary S Sasse
Director
James J Belliveau
Director
John F McJennett III
Director
John J Vernancio
Director
Larry D Riggs
Vice Chair
Laurel L Bowerman
Secretary
Lloyd R Gariepy
Treasurer
Robert E Nault
Director

Mission Statement

TO DEVELOP AND SELL REAL ESTATE TO FACILITATE LOCAL TAX BASE EXPANSION AND QUALITY JOB OPPORTUNITES IN THE STATE OF RHODE ISLAND.

Revisions to this organization profile

November 4, 2025:
2025 Economic Development Foundation of Rhode Island Inc. 990 filed
November 11, 2024:
2024 Economic Development Foundation of Rhode Island Inc. 990 filed
December 12, 2023:
2023 Economic Development Foundation of Rhode Island Inc. 990 filed

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