Ocean State Business Development Authority Inc.

Fiscal year ending 2024. Filed on March 7, 2025.

300 Jefferson Blvd
Warwick, Rhode Island 02888

Ocean State Business Development Authority Inc. (EIN: 05-0389516) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Ocean State Business Development Authority Inc., a 501(c)(4) civic league or social welfare organization, reported compensation for 3 out of 4 total employees. Among the employees shown here, the average compensation is $244,338. The highest compensated employee at Ocean State Business Development Authority Inc. is Russell A Gaston with fiscal year 2024 compensation of $414,466.

Revenue, expenses, and employee compensation

Revenue

$1,429,567

Expenses

$1,414,431

Employee compensation

$1,047,967
Revenue, expenses, and employee compensation over time

Mission Statement

TO EFFICIENTLY PROVIDE UNIQUE CAPITAL AND SERVICES TO SMALL BUSINESSES LOCATED IN RI, MA AND CT; HELPING THEM ACQUIRE EQUIPMENT AND COMMERCIAL REAL ESTATE TO GROW EHTIER BUSINESSES.

Revisions to this organization profile

March 7, 2025:
2024 Ocean State Business Development Authority Inc. 990 filed
January 17, 2024:
2023 Ocean State Business Development Authority Inc. 990 filed
December 22, 2022:
2022 Ocean State Business Development Authority Inc. 990 filed

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