Form 990 for tax year 2024
Filed by SPURWINK PROPERTIES INCORPORATED.
Totals
- Total revenue
- $362,980
- Total expenses
- $87,275
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $362,980
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $6,546,411
- Total liabilities, end of year
- $458,157
- Net assets or fund balances, end of year
- $6,088,254
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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.
-
2a · Program service revenue: RENTS & HOUSING ASSIST
total $362,980 · related or exempt $362,980
Functional expenses
Part IX, the statement of functional expenses.
-
20 · Interest
total $11,593
-
22 · Depreciation, depletion and amortization
total $75,611
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $71
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $798,244 · end of year $664,760
-
10a · Land, buildings and equipment: cost or other basis
$2,811,538
-
10b · Land, buildings and equipment: accumulated depreciation
$1,732,163
-
10c · Land, buildings and equipment, net
beginning of year $1,000,759 · end of year $1,079,375
-
15 · Other assets
beginning of year $4,243,437 · end of year $4,802,276
-
17 · Accounts payable and accrued expenses
beginning of year $7,399
-
23 · Secured mortgages and notes payable
beginning of year $222,492 · end of year $458,157
-
27 · Net assets without donor restrictions
beginning of year $5,812,549 · end of year $6,088,254
Mission and programs · 2024
Mission
THE MISSION OF SPURWINK PROPERTIES, INC. IS TO SERVE AS A REAL ESTATE DEVELOPMENT AND HOLDING COMPANY TO BENEFIT THE STUDENTS AND PARTICIPANTS OF SPURWINK|RI.
Activities or mission (Part I)
PROVIDE HOUSING FACILITIES FOR THE DEVELOPMENTALLY DISABLED AND EDUCATION FACILITIES FOR SPECIAL EDUCATION.
-
RENTAL OF 4 GROUP HOMES, SCHOOL, PARENT/FAMILY VISITATION SITE, RECORD STORAGE SPACE, AND VOCATIONAL TRAINING FACILITY FOR DEVELOPMENTALLY DISABLED ADULTS AND CHILDREN.
As filed on the 2024 return.
Listed in Part VII
-
Raymond A ArsenaultRAYMOND A ARSENAULT
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dennis CarvalhoDENNIS CARVALHO
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Paula Badessa-KriticosPAULA BADESSA-KRITICOS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Michael MediciMICHAEL MEDICI
DIRECTOR (LEAVE OF ABSENCE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
John QuinlanJOHN QUINLAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Robert VillucciROBERT VILLUCCI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Donna MartinDONNA MARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Steven ColantuonoSTEVEN COLANTUONO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Joan MilasJOAN MILAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kathryn KrzywonosKATHRYN KRZYWONOS
CONSUMER MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Roland LandryROLAND LANDRY
CONSUMER MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Regina C HayesREGINA C HAYES
EXECUTIVE DIRECTOR/CFO
- Total calculated
- $170,338
- From this org
- $0
- From related orgs
- $156,561
- Other
- $13,777
- Hours/week
- 2.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $149,661 related
- Bonus
- $0
- Other
- $0 + $6,900 related
- Deferred
- $0 + $3,900 related
- Nontaxable benefits
- $0 + $9,877 related
- Filer's total
- $0 + $170,338 related
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
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · ASSIST CHILDREN AND ADULTS WITH DISABILITIES IN PURSUING SOCIAL, · RI
-
SPURWINKRI CONTINUED
501(C)(3) · EDUCATIONAL, VOCATIONAL AND OTHER LIFE ENHANCING OPPORTUNITIES · RI
-
SPURWINK REALTY DEVELOPMENT CORP
501(C)(3) · PROVIDES HOUSING & URBAN DEVELOPMENT HOMES FOR ADULTS WITH DISABILITIES · RI · controlled entity
Directly controlled by SPURWINKRI
-
501(C)(3) · TO DEVELOP HOUSING FOR DEVELOPMENTALLY DISABLED PERSONS · RI · controlled entity
Directly controlled by SPURWINKRI
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543179349309864
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