Mission
TO PROVIDE LOW INCOME HOUSING TO THE ELDERLY AND DISABLED IN THE HOPKINTON, RI AREA UNDER SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT.
Public Charity
SAUGATUCKET SPRINGS INC
Based in PROVIDENCE, RI, SAUGATUCKET SPRINGS INC operates as a Public Charity. The organization reported $577K in revenue, $745K in expenses, $4.4M in total assets for fiscal year 2025.
EIN: 043733576
PROVIDENCE, RI
Senior Citizens Housing & Retirement Communities
NTEE: L22
Latest filing: 2025
Total Revenue$577K
Total Expenses$745K
Total Assets$4.4M
Grant Records0
Filing Years2020–2025
Where $100 goes at Saugatucket Springs Inc
How Saugatucket Springs Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$88
Programs
the work itself
$12
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 $88 for programs
$88
Provide low income housing to the elderly and disabled in the hopkinton, ri area under section 202 of the national affordable housing act
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.
Officers & Directors
PRESIDENT
Frank Shea
TREASURER
Larry Kellam
SECRETARY
Michelle Brophy
VICE PRESIDENT
Vickie Walters
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $577K | $745K | $4.4M |
| 2024 | $567K | $733K | $4.5M |
| 2023 | $497K | $689K | $4.8M |
| 2021 | $457K | $637K | $5.0M |
| 2020 | $466K | $641K | $5.2M |
Between 2020 and 2025, reported annual revenue grew from $466K to $577K (+24%), with total assets most recently reported at $4.4M.
Interactive year-over-year charts and full filing details available with membership.