Rhode Island · Nonprofit
BLACKSTONE VALLEY DEVELOPMENT CORP
BLACKSTONE VALLEY DEVELOPMENT CORP (Rhode Island) receives grants from 1 organization whose IRS filings report $104 to it, the largest being CITIZENS CHARITABLE FOUNDATION ($104). 0 of them have funded it in more than one year.
- Revenue FY2024
- $583k
- Funders on record
- 1
- Grants received
- $104
- Net assets
- $8.0M
What Blackstone Valley Development Corp does
Mission
The purposes for which the corporation is formed are as follows: a) to work cooperatively with the arc of blackstone valley (abv), a rhode island charitable corporation which is tax-exempt under section 501(c)(3) of the internal revenue code and, without limitation, to acquire, develop, own, and operate real property in connection with projects sponsored by abv or its affiliated entities, b) to develop, initiate, and operate community projects which combat community deterioration, provide relief for underprivileged members of the community and which are consistent with community needs and desires in rhode island and adjacent states (target area), and c) to assist residents and other organizations working in the target area.
As stated on its FY2019 Form 990.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $5.2M to $8.6M (+66%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
92% of BLACKSTONE VALLEY DEVELOPMENT CORP’s revenue is contributions — more reliant on donations than three-quarters of its peers (37% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
John J Padien Iii
Executive director
As listed on its FY2024 Form 990-PF.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of BLACKSTONE VALLEY DEVELOPMENT CORP’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of BLACKSTONE VALLEY DEVELOPMENT CORP's grant income comes from Rhode Island funders.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
BLACKSTONE VALLEY DEVELOPMENT CORP's revenue fell 74% between 2017 and 2024.
this organization peer median middle 50% of peers· 7,828 housing & shelter nonprofits $100k–$1M, FY2024
Organizations like BLACKSTONE VALLEY DEVELOPMENT CORP
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Rhode Island
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Screen this organization
A dated, signed PDF of the compliance screen for BLACKSTONE VALLEY DEVELOPMENT CORP: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds BLACKSTONE VALLEY DEVELOPMENT CORP?
- BLACKSTONE VALLEY DEVELOPMENT CORP (Rhode Island) receives grants from 1 organization whose IRS filings report $104 to it, the largest being CITIZENS CHARITABLE FOUNDATION ($104). 0 of them have funded it in more than one year.
- How many funders does BLACKSTONE VALLEY DEVELOPMENT CORP have?
- IRS filings report 1 organization giving $104 in grants to BLACKSTONE VALLEY DEVELOPMENT CORP.
- Who is the largest funder of BLACKSTONE VALLEY DEVELOPMENT CORP?
- CITIZENS CHARITABLE FOUNDATION is the largest funder on record, with $104 in grants. The full list of funders is on this page.
- How can an organization like BLACKSTONE VALLEY DEVELOPMENT CORP find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Blackstone Valley Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing