Skip to content
Nonprofiteer
← All organizations

GREATER FALL RIVER DEVELOPMENT CORPORATION

EIN 04-2171799 FALL RIVER, MA

Revenue 2023
$528,415
Expenses 2023
$2,348,928

Program services were 96.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
04
Classification
1000
Street
PO BOX 2939

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

Mission

BUSINESS AND JOB DEVELOPMENT.

  • Upgrading and developing land for sale to make available to new businesses to start/expand, thus creating new jobs for the Greater Fall River area.

    Expenses $49,724

  • Grants to local school/organizations to support programs and development.

    Expenses $2,220,000 · Grants $2,220,000

As filed on the 2023 return.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Peter Saulino Esq

    Clerk

    Total calculated
    $375
    From this org
    $375
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Robert Bogan

    President

    Total calculated
    $0
    Hours/week
    1
  • Philip Pelletier

    Vice President

    Total calculated
    $0
    Hours/week
    1
  • Steven Kenyon

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Peter Cabral

    Assistant Treasurer

    Total calculated
    $0
    Hours/week
    1
  • James Palumbo

    Assistant Clerk

    Total calculated
    $0
    Hours/week
    1
  • Daniel Abraham

    Vice President

    Total calculated
    $0
    Hours/week
    1
  • Michael Bushell

    Director

    Total calculated
    $0
    Hours/week
    1
  • Stephen Karam

    Director

    Total calculated
    $0
    Hours/week
    1
  • Shaun O'Hearn Jr

    Director

    Total calculated
    $0
    Hours/week
    1
  • Kenneth R Rezendes

    Director

    Total calculated
    $0
    Hours/week
    1
  • Matthew Burke

    Director

    Total calculated
    $0
    Hours/week
    1
  • John Silva

    Director

    Total calculated
    $0
    Hours/week
    1
  • Paul Carrigg

    Director

    Total calculated
    $0
    Hours/week
    1
  • Paul M Joncas

    Director

    Total calculated
    $0
    Hours/week
    1
  • F Nelson Blount

    Director

    Total calculated
    $0
    Hours/week
    1
  • Bruce Fernandes

    Director

    Total calculated
    $0
    Hours/week
    1
  • James P Sabra

    Director

    Total calculated
    $0
    Hours/week
    1
  • Martin Schwalm

    Director

    Total calculated
    $0
    Hours/week
    1
  • William Starck

    Director

    Total calculated
    $0
    Hours/week
    1
  • R Christian LaFrance

    Director

    Total calculated
    $0
    Hours/week
    1
  • James Wallace

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jason Rua

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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. Earlier years are each on their own filing page.

Filings

  • 2023
    Revenue
    $528,415
    Expenses
    $2,348,928
    Contributions
    $0
    Grants paid
    $2,220,000
  • 2022
    Revenue
    $641,232
    Expenses
    $299,818
    Contributions
    $0
    Grants paid
    $162,207

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $716,852
    Expenses
    $315,460
    Assets (EOY)
    $10,684,852
  • 2020 · 990

    Revenue
    $990,480
    Expenses
    $1,236,368
    Assets (EOY)
    $11,371,721
  • 2019 · 990

    Revenue
    $355,980
    Expenses
    $497,147
    Assets (EOY)
    $10,649,185
  • 2018 · 990

    Revenue
    $471,147
    Expenses
    $286,244
    Assets (EOY)
    $11,030,044
  • 2017 · 990

    Revenue
    $587,431
    Expenses
    $864,201
    Assets (EOY)
    $10,731,849
  • 2016 · 990

    Revenue
    $253,682
    Expenses
    $697,957
    Assets (EOY)
    $10,965,403
  • 2015 · 990

    Revenue
    $67,645
    Expenses
    $197,943
    Assets (EOY)
    $11,247,321
  • 2014 · 990

    Revenue
    $277,884
    Expenses
    $279,955
    Assets (EOY)
    $11,436,549
  • 2013 · 990

    Revenue
    $164,050
    Expenses
    $320,844
    Assets (EOY)
    $11,365,349
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $282,900
    Assets (EOY)
    $11,442,723

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2023, the newest we have parsed for this organization.