Federal Hill Commerce Association

Community development organization based in Providence, RI.0 Exempt under §501(c)(3).

MissionTO FOSTER DEVELOPMENT, PROMOTION AND IMPROVEMENTS OF THE AREAS DESIGNATED WITHIN ITS JURISDICATION.

Financial snapshot · TY 2024

$1.6M
Total revenue
$528K
Total expenses
$1.2M
Net assets

Financial health · TY 2024

12
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
0.1 months of expenses
Program efficiency
12
54.9% spent on programs
Revenue diversity
32
Mix of program fees, grants & contributions

Leadership compensation

Rick Simone
PRESIDENT
$187,210
79th percentile vs. peers

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Federal Hill Commerce Association Executive Compensation | 990 Data | DoubleNine