Mission
BUSINESS AND JOB DEVELOPMENT.
Public Charity
Greater Fall River Development Corp
Greater Fall River Development Corp, of Fall River, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $676K in revenue, $246K in expenses, $9.9M in total assets. IRS filings disclose 72 grants awarded by this foundation, totaling roughly $3.7M.
EIN: 042171799
Fall River, MA
Latest filing: 2025
Total Revenue$676K
Total Expenses$246K
Total Assets$9.9M
Grants Given72
Grant Total$3.7M
Filing Years2021–2025
Where $100 goes at Greater Fall River Development Corp
How Greater Fall River Development Corp divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$70
Programs
the work itself
$30
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $70 for programs
$56
Grants to local school/organizations to support programs and development
$14
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
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Before you apply to Greater Fall River Development Corp
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Sample Grants Given
Holy Trinity School
$50,000
$25,000
Argosy Collegiate Charter School
$20,000
Technology Grant
$8,372
Showing up to 5 of 72 total records — full history available with membership.
Officers & Directors
DIRECTOR
Bruce Fernandes Cpa Mst
DIRECTOR
Daniel Abraham
DIRECTOR
F Nelson Blount
ASSISTANT CLERK
James Palumbo
DIRECTOR
James P Sabra
DIRECTOR
James Wallace
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $676K | $246K | $9.9M |
| 2024 | $528K | $2.3M | $9.5M |
| 2023 | $641K | $300K | $10.8M |
| 2022 | $717K | $315K | $10.7M |
| 2021 | $990K | $1.2M | $11.4M |
Between 2021 and 2025, reported annual revenue declined from $990K to $676K (-32%), with total assets most recently reported at $9.9M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in MA.
MA
Full geographic grant map with state-by-state breakdown available with membership.