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Nonprofiteer
← W B N A INC

Form 990 for tax year 2024

Filed by W B N A INC.

Totals

Total revenue
$133,281
Total expenses
$197,865
Contributions and grants received
$120,348
Grants paid
$3,521
Program service revenue
$10,985
Investment income
$4,191
Other revenue
-$2,243
Total assets, end of year
$769,047
Total liabilities, end of year
$205,703
Net assets or fund balances, end of year
$563,344
Program services expenses (Part IX)
$160,641
Management and general expenses
$23,059
Fundraising expenses
$14,165
Program service expenses (Part III)
$160,641

Program services were 81.2% 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.

  • 1b · Membership dues

    $15,050

  • 1e · Government grants (contributions)

    $32,638

  • 1f · All other contributions, gifts and grants

    $72,660

  • 2a · Program service revenue: Program Revenue

    total $10,985 · related or exempt $10,985

  • 3 · Investment income

    total $4,191 · excluded $4,191

  • 6a · Gross rents

    real property $62,028

  • 6b · Less rental expenses

    real property $61,109

  • 6c · Rental income or loss

    real property $919

  • 6d · Net rental income or loss

    total $919 · related or exempt $919

  • 8a · Fundraising events: gross income

    $6,563

  • 8b · Fundraising events: direct expenses

    $9,725

  • 8c · Net income from fundraising events

    total -$3,162 · excluded -$3,162

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,521 · program services $3,521

  • 5 · Compensation of officers, directors and key employees

    total $45,619 · program services $38,776 · management and general $4,562 · fundraising $2,281

  • 7 · Other salaries and wages

    total $60,876 · program services $49,263 · management and general $3,606 · fundraising $8,007

  • 10 · Payroll taxes

    total $9,644 · program services $8,198 · management and general $964 · fundraising $482

  • 11b · Fees: legal

    total $80 · management and general $80

  • 11c · Fees: accounting

    total $3,914 · management and general $3,914

  • 11g · Fees: other

    total $1,292 · management and general $1,292

  • 12 · Advertising and promotion

    total $51 · management and general $51

  • 13 · Office expenses

    total $8,423 · management and general $8,423

  • 14 · Information technology

    total $4,511 · program services $4,511

  • 19 · Conferences, conventions and meetings

    total $85 · management and general $85

  • 22 · Depreciation, depletion and amortization

    total $22,631 · program services $19,236 · fundraising $3,395

  • 23 · Insurance

    total $15,296 · program services $15,296

  • 24a · Other expenses: Consultants

    total $17,923 · program services $17,923

  • 24b · Other expenses: Program Expenses

    total $3,767 · program services $3,767

  • 24c · Other expenses: MISC

    total $150 · program services $150

  • 24d · Other expenses: Licenses & Permits

    total $82 · management and general $82

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $20,628 · end of year $5,968

  • 2 · Savings and temporary cash investments

    beginning of year $250,108 · end of year $202,372

  • 4 · Accounts receivable

    beginning of year $6,780 · end of year $3,150

  • 7 · Other notes and loans receivable

    beginning of year $15,959 · end of year $15,507

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,085

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

    $995,443

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

    $453,393

  • 10c · Land, buildings and equipment, net

    beginning of year $416,044 · end of year $542,050

  • 15 · Other assets

    beginning of year $123,444 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,577 · end of year $607

  • 23 · Secured mortgages and notes payable

    beginning of year $195,718 · end of year $193,647

  • 25 · Other liabilities

    beginning of year $8,825 · end of year $11,449

  • 27 · Net assets without donor restrictions

    beginning of year $597,928 · end of year $563,344

  • 28 · Net assets with donor restrictions

    beginning of year $30,000 · end of year $0

Mission and programs · 2024

Mission

West Broadway Neighborhood Association (The Association) is a Rhode Island organzation whose mission is to organize its neighbors and businesses on the west side of Providence to preserve and protect our diverse, historic, urban community as a safe, vibrant, and sustainable place to shop, work, eat, live and learn locally. The Association's purpose is accomplished by working with government agencies, private foundations and other local organzations for the benefit of the common and public areas generally located in the West Broadway area of Providence Rhode Island. The Association educates the residents of the West Broadway area in community improvement through meetings, workshops, grassroots programs, community development projects and other events. 1577 Westminster street is an owned mixed use building that has green elements including solar panels, blown in insulation high efficiency heating and white reflective roof. The ground floor is owned by the Association.

Activities or mission (Part I)

To preserve and protect the community.

  • WBNA programs and initiatives support and promote the neighborhood as a sustainable place for our diverse population to shop, work, eat, live and learn locally. Working with neighbors, businesses, elected officials and other local nonprofits, these include vaccination and flu shot clinics, tree-planting and community gardening, neighborhood cleanups, events to encourage connection and dialogue between neighbors and elected officials, engagement with local schools, a charging station for electric vehicles, and creating spaces for small businesses to thrive. Partnering with local organizations, we support work that serves the most vulnerable members of our community. Through our popular Live Local, Give Local campaign, we contribute tangible assistance in the form of grocery gift cards to food insecure neighbors during November and December, as well as toy gift cards at Christmas. In 2024 we distributed 217 cards to local schools (Asa Messer Elementary, West Broadway Middle School, Central and Classical High Schools, and the Providence Career and Technical Academy). and two community centers for families in need. WBNA's two rental properties, at 1192 and 1577 Westminster Street, rented at below market value, are examples of our mission to keep low income families in the neighborhood and to encourage and promote emerging small businesses. Our tenants include a low income family, a nonprofit, and two small, minority-owned businesses that also benefit from WBNA's extensive communications network and connections to local government.

    Expenses $160,641 · Grants $3,521 · Revenue $11,904

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Noel Sanchez

    President

    Total calculated
    $0
    Hours/week
    1
  • Alozie Nwosu

    Vice President

    Total calculated
    $0
    Hours/week
    1
  • Courtney Reardon

    Vice President

    Total calculated
    $0
    Hours/week
    0.5
  • Brian Oakley

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Adam Millard

    Secretary

    Total calculated
    $0
    Hours/week
    0.5
  • Eugenio Fernandez MD

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Leigh-Ann Razza

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Stephanie Larrieux

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Nic Canning

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Kaitlynn Castillo

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Sussy DeLeon

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Shelby Doggett

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Sam Jaksa

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Joe Roch

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Siobhan Callahan

    Executive Director

    Total calculated
    $45,619
    From this org
    $45,619
    From related orgs
    $0
    Other
    $0
    Hours/week
    28

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
15 November 2025
IRS schema version
2024v5.2
Source object
202513199349303316

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