Rhode Island · Nonprofit
PAWTUCKET CENTRAL FALLS DEVELOPMENT CORP
PAWTUCKET CENTRAL FALLS DEVELOPMENT CORP (Rhode Island) receives grants from 22 organizations whose IRS filings report $3,175,053 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($820,306). 16 of them have funded it in more than one year.
- Revenue FY2025
- $5.7M
- Funders on record
- 22
- Grants received
- $3.2M
- Net assets
- $5.4M
What Pawtucket Central Falls Development Corp does
Mission
Provided affordable housing.
As stated on its FY2025 Form 990.
Program
Pcdc and pcdc homes (the agency) were formed to expand the housing opportunities for low and moderate income families within the city of pawtucket, rhode island. As of july 1, 2014 they merged with realty endeavors for affordable community housing, inc. A smiliar organization operating in central falls, ri. Together as Pawtucket Central Falls Development Corp. They effectuate this purpose by coordinating the purchase and rehabilitation of deteriorated buildings and the construction of new buildings in order to provide affordable housing for such families. The organization provides affordable housing through federal grants under the following home investment participation programs:rental rehabilitations- the organization acquires and rehabilitates multifamily houses which are subsequently made available for rent to qualified families. These units are rented on a one year lease basis and are managed by barkan management company.home ownership program - the organization acquires and rehabilitates houses and sells the properties to qualified families, generally at below its costs and are fully subsidized by federal grants.
$1,969,957 spent$1,361,316 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,969,957.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $21M to $24M (+16%).
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.
Government-grant reliance: 2017 124% · 2018 36% · 2019 104% · 2020 80% · 2021 63% · 2022 114% · 2023 82% · 2024 169% · 2025 75%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 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.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 13 funders, grant income rose $140k → $555k.
4 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 23% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of PAWTUCKET CENTRAL FALLS 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.
How concentrated its funding is
PAWTUCKET CENTRAL FALLS DEVELOPMENT CORP has a broad base — no single funder exceeds 26% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
53% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PAWTUCKET CENTRAL FALLS DEVELOPMENT CORP.
Largest funder’s share by year: 2017 61% · 2018 42% · 2019 38% · 2020 41% · 2021 31% · 2022 27% · 2023 35% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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.
How long its funders stay
89% of PAWTUCKET CENTRAL FALLS DEVELOPMENT CORP's funders are still giving 3 years after their first grant; 73% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
PAWTUCKET CENTRAL FALLS DEVELOPMENT CORP draws 79% of its grant income from funders outside Rhode Island, across 7 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $737k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Organizations like PAWTUCKET CENTRAL FALLS 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.
Where the money goes
89% of spending goes to programs.
Governance
Public support
74%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 7 related entities
- Pcdc Homes LLC · disregarded
- Rric LLC · disregarded
- Barton Street Limited Partnership · partnership
- Blackstone Valley Gateways LP · partnership
- Bvg II Limited Partnership · partnership
Screen this organization
A dated, signed PDF of the compliance screen for PAWTUCKET CENTRAL FALLS 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 PAWTUCKET CENTRAL FALLS DEVELOPMENT CORP?
- PAWTUCKET CENTRAL FALLS DEVELOPMENT CORP (Rhode Island) receives grants from 22 organizations whose IRS filings report $3,175,053 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($820,306). 16 of them have funded it in more than one year.
- How many funders does PAWTUCKET CENTRAL FALLS DEVELOPMENT CORP have?
- IRS filings report 22 organizations giving $3,175,053 in grants to PAWTUCKET CENTRAL FALLS DEVELOPMENT CORP, 16 of which have funded it in more than one year.
- Who is the largest funder of PAWTUCKET CENTRAL FALLS DEVELOPMENT CORP?
- LOCAL INITIATIVES SUPPORT CORPORATION is the largest funder on record, with $820,306 in grants. The full list of funders is on this page.
- How can an organization like PAWTUCKET CENTRAL FALLS 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 Pawtucket Central Falls Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 22 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 22, 2026. What this page cannot tell you · view filing