Skip to content
Nonprofiteer
← CROSSROADS RHODE ISLAND

Form 990 for tax year 2023

Filed by CROSSROADS RHODE ISLAND.

Totals

Total revenue
$30,664,778
Total expenses
$19,348,613
Contributions and grants received
$28,784,507
Grants paid
$0
Program service revenue
$1,516,956
Investment income
$230,774
Other revenue
$132,541
Total assets, end of year
$55,754,789
Total liabilities, end of year
$21,927,656
Net assets or fund balances, end of year
$33,827,133
Program services expenses (Part IX)
$15,871,617
Management and general expenses
$1,594,761
Fundraising expenses
$1,882,235
Program service expenses (Part III)
$15,871,617

Program services were 82.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $87,500

  • 1e · Government grants (contributions)

    $18,616,874

  • 1f · All other contributions, gifts and grants

    $10,080,133

  • 1g · Noncash contributions included above

    $225,895

  • 2a · Program service revenue: PROPERTY MANAGEMENT

    total $795,947 · related or exempt $795,947

  • 2b · Program service revenue: DEVELOPER'S FEE

    total $300,000 · related or exempt $300,000

  • 2c · Program service revenue: COMMERCIAL RENTALS

    total $223,199 · related or exempt $223,199

  • 2d · Program service revenue: FAMILY AND ELDERLY HOU

    total $197,810 · related or exempt $197,810

  • 3 · Investment income

    total $194,041 · excluded $194,041

  • 7a · Gross sales of assets other than inventory

    securities $569,053 · other assets $474

  • 7b · Less cost or other basis and sales expenses

    securities $532,794 · other assets $0

  • 7c · Gain or loss

    securities $36,259 · other assets $474

  • 7d · Net gain or loss

    total $36,733 · excluded $36,733

  • 8a · Fundraising events: gross income

    $162,168

  • 8a · Fundraising events: contributions included on line 1c

    $87,500

  • 8b · Fundraising events: direct expenses

    $67,103

  • 8c · Net income from fundraising events

    total $95,065 · excluded $95,065

  • 11a · Other revenue: OTHER REVENUE

    total $37,476 · related or exempt $37,476

  • 11e · Other revenue, total

    $37,476

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,082,582 · program services $481,138 · management and general $406,312 · fundraising $195,132

  • 7 · Other salaries and wages

    total $7,706,822 · program services $6,458,372 · management and general $352,561 · fundraising $895,889

  • 8 · Pension plan contributions

    total $160,769 · program services $108,318 · management and general $24,980 · fundraising $27,471

  • 9 · Other employee benefits

    total $718,687 · program services $598,814 · management and general $37,087 · fundraising $82,786

  • 10 · Payroll taxes

    total $756,604 · program services $612,871 · management and general $58,834 · fundraising $84,899

  • 11b · Fees: legal

    total $13,894 · program services $8,605 · management and general $5,289

  • 11c · Fees: accounting

    total $74,225 · management and general $74,225

  • 11e · Fees: professional fundraising services

    total $213,592 · fundraising $213,592

  • 11f · Fees: investment management

    total $18,198 · management and general $18,198

  • 11g · Fees: other

    total $1,144,147 · program services $1,045,529 · management and general $92,477 · fundraising $6,141

  • 12 · Advertising and promotion

    total $173,803 · fundraising $173,803

  • 13 · Office expenses

    total $392,518 · program services $214,767 · management and general $10,192 · fundraising $167,559

  • 14 · Information technology

    total $110,936 · program services $95,476 · management and general $14,734 · fundraising $726

  • 16 · Occupancy

    total $1,292,687 · program services $1,138,540 · management and general $149,341 · fundraising $4,806

  • 17 · Travel

    total $88,967 · program services $46,164 · management and general $42,234 · fundraising $569

  • 19 · Conferences, conventions and meetings

    total $44,915 · program services $20,276 · management and general $5,046 · fundraising $19,593

  • 20 · Interest

    total $41,309 · program services $41,309

  • 22 · Depreciation, depletion and amortization

    total $1,256,970 · program services $1,042,070 · management and general $208,272 · fundraising $6,628

  • 23 · Insurance

    total $299,882 · program services $259,258 · management and general $37,983 · fundraising $2,641

  • 24a · Other expenses: CLIENT ASSISTANCE/FOOD

    total $3,700,110 · program services $3,700,110

  • 24b · Other expenses: BAD DEBT EXPENSE

    total $56,996 · program services $0 · management and general $56,996

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,158,011 · end of year $8,214,124

  • 3 · Pledges and grants receivable

    beginning of year $7,188,913 · end of year $10,464,316

  • 4 · Accounts receivable

    beginning of year $26,790 · end of year $2,670,699

  • 7 · Other notes and loans receivable

    beginning of year $3,178,380 · end of year $11,122,910

  • 9 · Prepaid expenses and deferred charges

    beginning of year $120,774 · end of year $131,434

  • 10a · Land, buildings and equipment: cost or other basis

    $34,307,317

  • 10b · Land, buildings and equipment: accumulated depreciation

    $14,849,452

  • 10c · Land, buildings and equipment, net

    beginning of year $22,130,821 · end of year $19,457,865

  • 11 · Investments: publicly traded securities

    beginning of year $3,470,559 · end of year $3,948,981

  • 15 · Other assets

    beginning of year -$233,145 · end of year -$255,540

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,717,554 · end of year $5,716,704

  • 19 · Deferred revenue

    beginning of year $11,290 · end of year $40,338

  • 23 · Secured mortgages and notes payable

    beginning of year $16,145,799 · end of year $16,169,077

  • 25 · Other liabilities

    beginning of year $2,429 · end of year $1,537

  • 27 · Net assets without donor restrictions

    beginning of year $14,772,770 · end of year $22,536,750

  • 28 · Net assets with donor restrictions

    beginning of year $7,391,261 · end of year $11,290,383

Mission and programs · 2023

Mission

THE CORE MISSION OF THE ORGANIZATION IS TO ASSIST HOMELESS OR AT-RISK INDIVIDUALS AND FAMILIES SECURE STABLE HOMES. THIS IS ACCOMPLISHED BY PROVIDING A RANGE OF SERVICES INCLUDING HOUSING, BASIC NEEDS, SHELTER, CASE MANAGEMENT, REFERRALS, EDUCATION AND EMPLOYMENT SERVICES.

Activities or mission (Part I)

TO HELP HOMELESS OR AT-RISK INDIVIDUALS AND FAMILIES SECURE STABLE HOMES.

  • SHELTER AND ASSESSMENT - HOUSING PROBLEM SOLVING AND SHELTER. HOUSING PROBLEM SOLVING IS A RELATIVELY NEW APPROACH THAT PREVENTS AT-RISK PEOPLE FROM BECOMING HOMELESS BY FACILITATING CLIENT-CENTERED CONVERSATIONS THAT HELP THEM EXPLORE FLEXIBLE, SAFE AND COST-EFFECTIVE SOLUTIONS TO ENDING THEIR HOUSING CRISIS. IN 2023, CROSSROADS PROVIDED HOUSING PROBLEM SOLVING SUPPORTS INCLUDING RENTAL ASSISTANCE, SECURITY DEPOSITS AND UTILITIES ARREARS TO MORE THAN 1,750 HOUSEHOLDS. MORE THAN $600,000 IN ASSISTANCE WAS DISTRIBUTED, ABOUT $2,042 PER HOUSEHOLD, WHICH HELPED NEARLY 300 HOUSEHOLDS AVOID HOMELESSNESS, INCLUDING 39 DOMESTIC VIOLENCE SURVIVORS.WHEN DIVERSION ISN'T POSSIBLE, IT IS SOMETIMES NECESSARY FOR PEOPLE TO STAY AT ONE OF OUR TEMPORARY EMERGENCY SHELTERS WHILE WE WORK TO FIND THEM HOUSING. IN 2023, CROSSROADS OPERATED 7 EMERGENCY SHELTERS THROUGHOUT RHODE ISLAND, PROVIDING SAFE SHELTER TO 1,406 PEOPLE, INCLUDING 124 CHILDREN. OF THOSE, 38 WOMEN AND 40 CHILDREN WERE DOMESTIC VIOLENCE SURVIVORS.

    Expenses $7,448,559 · Revenue $115,932

  • HOUSING PROGRAMS - CROSSROADS RHODE ISLAND IS THE STATE'S LEADING PROVIDER OF HOUSING AND SERVICES TO THOSE EXPERIENCING HOMELESSNESS. CROSSROADS OWNS AND MANAGES MORE THAN 375 PERMANENT SUPPORTIVE HOUSING UNITS STATEWIDE, INCLUDING THE RECENTLY RENOVATED BEACH AVENUE APARTMENTS. AS PART OF THAT PROJECT, THE WARWICK FAMILY SHELTER WAS CONVERTED INTO FOUR MUCH-NEEDED APARTMENTS FOR FORMERLY HOMELESS FAMILIES. IN ORDER TO HELP REDUCE HOMELESSNESS IN RHODE ISLAND, LAST YEAR CROSSROADS ALSO BROKE GROUND ON 94 SUMMER STREET IN PROVIDENCE, A 176-UNIT PERMANENT SUPPORTIVE APARTMENT BUILDING FOR HOMELESS OR AT-RISK ADULTS. THE PROJECT IS EXPECTED TO BE COMPLETED IN 2025.IN 2023, THE AGENCY HELPED 1,764 ADULTS AND CHILDREN, INCLUDING 90 DOMESTIC VIOLENCE SURVIVORS, EITHER FIND A NEW PLACE TO CALL HOME OR MAINTAIN THEIR HOUSING WITH SUPPORT, INCLUDING ONGOING CASE MANAGEMENT, BASIC NEEDS ASSISTANCE AND EDUCATION AND EMPLOYMENT SERVICES. OF THOSE, 120 HOUSEHOLDS RECEIVED UP TO 24 MONTHS OF RENTAL ASSISTANCE AND CASE MANAGEMENT SUPPORT THROUGH OUR RAPID REHOUSING PROGRAM, WHICH ALLOWED THEM TO MOVE INTO MARKET-RATE APARTMENTS STATEWIDE.ANOTHER 529 HOUSEHOLDS MOVED INTO PERMANENT SUPPORTIVE HOUSING, PRIMARILY INTO PROPERTIES THAT CROSSROADS OWNS. THESE APARTMENTS ARE DEEPLY SUBSIDIZED, ALLOWING FOR EXTREMELY LOW OR NO-INCOME RESIDENTS TO LIVE SAFELY WITH THE HOUSING-BASED SERVICES AND SUPPORT THEY NEEDFOR AS LONG AS THEY NEED.

    Expenses $7,508,096 · Revenue $1,401,024

  • EDUCATION AND EMPLOYMENT SERVICES - GETTING A JOB AND KEEPING IT IS CRITICAL TO HELPING OUR CLIENTS MAINTAIN THEIR HOUSING AND ACHIEVE SELF-SUFFICIENCY. TO HELP OUR CLIENTS ACHIEVE HIGHER LEVELS OF EDUCATION AND SECURE BETTER PAYING JOBS, CROSSROADS OFFERED A BROAD RANGE OF TRAUMA-INFORMED PROGRAMS BOTH VIRTUALLY AND IN-PERSON LAST YEAR. MORE THAN 250 PEOPLE PARTICIPATED IN PROGRAMS DESIGNED TO HELP THEM INCREASE THEIR LITERACY AND MATH SKILLS, WORK TOWARD A HIGH SCHOOL DIPLOMA, COMPLETE A TRAINING PROGRAM OR LOOK FOR A JOB. AS A RESULT, 87 PEOPLE LANDED NEW JOBS AND 56 EARNED A MEASURABLE SKILLS GAIN. OUR SUCCESSFUL CERTIFIED NURSE ASSISTANT (CNA) PROGRAM ALSO CELEBRATED ITS 150TH GRADUATING CLASS SINCE WE BEGAN OFFERING THE PROGRAM IN THE 1990S. AS A RESULT HUNDREDS OF CROSSROADS GRADS ARE NOW WORKING IN HOSPITALS, NURSING HOMES AND HOME HEALTH CARE ORGANIZATIONS TODAY.

    Expenses $914,962

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Adam Hamblett

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Alden M Anderson Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Beth McQuade

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bradford S Dimeo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brian Murphy

    DIRECTOR (AS OF 4/23)

    Total calculated
    $0
    Hours/week
    1
  • Bruce Messier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Christopher Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Gilden

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Nastro

    DIRECTOR (AS OF 4/23)

    Total calculated
    $0
    Hours/week
    1
  • David Ortiz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dr Margaret M Van Bree

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    1
  • Eugenio Fernandez Jr

    DIRECTOR (AS OF 4/23)

    Total calculated
    $0
    Hours/week
    1
  • Frank Mauran

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gayle Wolf

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Greg Almeida

    DIRECTOR (AS OF 4/23)

    Total calculated
    $0
    Hours/week
    1
  • Helena Buonanno Foulkes

    MEMBER AT LARGE (AS OF 4/23)

    Total calculated
    $0
    Hours/week
    1
  • Howard G Sutton

    CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1
  • James Diosssa

    DIRECTOR (AS OF 4/23)

    Total calculated
    $0
    Hours/week
    1
  • Jeffrey Dana Esq

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jill Deshiro

    DIRECTOR (AS OF 4/23)

    Total calculated
    $0
    Hours/week
    1
  • John Galvin

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • John J McConnell Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Julie Duffy Esq

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Karen G Delponte

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Keith Kelly

    DIRECTOR (AS OF 4/23)

    Total calculated
    $0
    Hours/week
    1
  • Kevin Tracy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • M Teresa Paiva Weed Esq

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    1
  • Marie Bernardo-Sousa Lp D

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Stewart

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Marshall Votta

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mary Leahey

    DIRECTOR (TO 4/23)

    Total calculated
    $0
    Hours/week
    1
  • Matthew T Marcello III Esq

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Mello

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michelle Wilcox

    PRESIDENT & CEO

    Total calculated
    $262,260
    From this org
    $242,133
    From related orgs
    $0
    Other
    $20,127
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $242,133
    Bonus
    $0
    Other
    $0
    Deferred
    $14,943
    Nontaxable benefits
    $5,184
    Filer's total
    $262,260
  • Monica Huertas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nicole E Alexander-Scott MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Patrick Wholey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rajiv Kumar MD

    DIRECTOR (TO 4/23)

    Total calculated
    $0
    Hours/week
    1
  • Rebecca Webber

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    1
  • Stacie B Collier

    DIRECTOR (AS OF 4/23)

    Total calculated
    $0
    Hours/week
    1
  • Terry Moran

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Thomas A Verdi

    DIRECTOR (TO 4/23)

    Total calculated
    $0
    Hours/week
    1
  • Tony Simon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Virginia Branch

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Karen Santilli

    CEO

    Total calculated
    $373,884
    From this org
    $343,797
    From related orgs
    $0
    Other
    $30,087
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $343,797
    Bonus
    $0
    Other
    $0
    Deferred
    $29,900
    Nontaxable benefits
    $187
    Filer's total
    $373,884
  • Laura Calenda

    CHIEF MARKETING & PHILANTH

    Total calculated
    $200,770
    From this org
    $194,758
    From related orgs
    $0
    Other
    $6,012
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $194,758
    Bonus
    $0
    Other
    $0
    Deferred
    $5,825
    Nontaxable benefits
    $187
    Filer's total
    $200,770
  • Merelise Hitte

    CHIEF FINANCIAL OFFICER

    Total calculated
    $245,744
    From this org
    $238,319
    From related orgs
    $0
    Other
    $7,425
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $238,319
    Bonus
    $0
    Other
    $0
    Deferred
    $7,238
    Nontaxable benefits
    $187
    Filer's total
    $245,744
  • John MacDonald

    CHIEF PROGRAM OFFICER

    Total calculated
    $191,743
    From this org
    $170,380
    From related orgs
    $0
    Other
    $21,363
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,380
    Bonus
    $0
    Other
    $0
    Deferred
    $5,570
    Nontaxable benefits
    $15,793
    Filer's total
    $191,743
  • Gordon Fox

    VP OPERATIONS

    Total calculated
    $141,340
    From this org
    $129,672
    From related orgs
    $0
    Other
    $11,668
    Hours/week
    40
  • Jenna Nutting

    VP SUPPORTIVE SERVICES

    Total calculated
    $137,299
    From this org
    $124,891
    From related orgs
    $0
    Other
    $12,408
    Hours/week
    40
  • Jennifer Watkins

    VP SHELTER SERVICES

    Total calculated
    $147,314
    From this org
    $125,931
    From related orgs
    $0
    Other
    $21,383
    Hours/week
    40
  • Marcia Marino

    VP FINANCE

    Total calculated
    $136,407
    From this org
    $132,255
    From related orgs
    $0
    Other
    $4,152
    Hours/week
    40
  • Monica Spicer

    VP HOUSING ASSETS

    Total calculated
    $139,099
    From this org
    $130,099
    From related orgs
    $0
    Other
    $9,000
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • KINGSTOWN CROSSINGS LP

    OWNING AND OPERATING THE LOW-INCOME HOUSING · RI

  • KINGSTOWN CROSSINGS II LP

    OWNING AND OPERATING THE LOW-INCOME HOUSING · RI

  • TRAVELERS AID HOUSING LP

    OWNING AND OPERATING THE LOW-INCOME HOUSING · RI

  • SUMMER STREET HOUSING PARTNERS I LP

    OWNING AND OPERATING THE LOW-INCOME HOUSING · RI

  • SUMMER STREET HOUSING PARTNERS I LP

    OWNING AND OPERATING THE LOW-INCOME HOUSING · RI

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • TA HOUSING INC

    C · LOW INCOME HOUSING · RI · 100% owned

    Directly controlled by CROSSROADS RHODE ISLAND

  • 160 BROAD STREET CONDO ASSOCIATION

    C · CONDO ASSOCIATION · RI · 60% owned

    Directly controlled by CROSSROADS RHODE ISLAND

  • NK HOUSING INC

    C · LOW INCOME HOUSING · RI · 100% owned

    Directly controlled by CROSSROADS RHODE ISLAND

  • NH HOUSING II INC

    C · LOW INCOME HOUSING · RI · 100% owned

    Directly controlled by CROSSROADS RHODE ISLAND

  • SUMMER STREET HOUSING I INC

    C · LOW INCOME HOUSING · RI · 100% owned

    Directly controlled by CROSSROADS RHODE ISLAND

  • SUMMER STREET HOUSING I INC

    C · LOW INCOME HOUSING · RI · 100% owned

    Directly controlled by CROSSROADS RHODE ISLAND

Provenance

Return type
form_990
Tax year
2023
Filed
29 July 2024
IRS schema version
2023v5.1
Source object
202412119349300856

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.