Public Charity

Common Fence Pt Improvement Association

Common Fence Pt Improvement Association, of Portsmouth, RI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $98K in revenue, $125K in expenses, $3.9M in total assets. 2 publicly reported grants to this organization, totaling roughly $18K, appear in IRS filings.

EIN: 050440929 Portsmouth, RI Homeowners & Tenants Associations NTEE: L50 Latest filing: 2024
Total Revenue$98K
Total Expenses$125K
Total Assets$3.9M
Grant Records2
Funding Total$18K
Filing Years2020–2024

Mission

The organization exists to enrich the lives of local residents through arts, wellness, recreation, and community safeguarding by providing and maintaining a community center, beaches, playgrounds, and other common areas.

Where $100 goes at Common Fence Pt Improvement Association

How Common Fence Pt Improvement Association divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$81 Programs the work itself
$17 Management running the organization
$2 Fundraising raising the next dollar

Inside the $81 for programs

$67
Maintenance of the Community Hall, beaches, playgrounds, and other common areas
83% of program spending
$7
Community programs including weekly art classes and workshops, social events, and preparedness for storms and other climate related events
9% of program spending
$7
Encourage wellness by providing dance programs, group exercise classes, events and classes to support people with intellectual and physical disabilities
8% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Vice President Ashley Murphy
President Conley Zani
Treasurer David Breton
Trustee David Gleason
Secretary Jim Fogerty
Trustee Leon Lesinski

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$7,903 1 grant
Unspecified
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $98K $125K $3.9M
2023 $90K $116K $3.9M
2022 $91K $105K $3.9M
2021 $89K $103K $3.9M
2020 $92K $62K $3.9M

Between 2020 and 2024, reported annual revenue grew from $92K to $98K (+7%), with total assets most recently reported at $3.9M.

Interactive year-over-year charts and full filing details available with membership.

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