Mission
ENHANCING RHODE ISLAND MARINE TRADE INDUSTRY IN A SUSTAINABLE AND EQUITABLE WAY.
Small Public Charity
RIMTA FOUNDATION
RIMTA FOUNDATION is a nonprofit organization categorized as Small Public Charity based in NEWPORT, RI. Its most recent IRS filing (2025) reports revenue of $172K, expenses of $175K, total assets of $10K.
EIN: 823979153
NEWPORT, RI
Business & Industry
NTEE: S40
Latest filing: 2025
Total Revenue$172K
Total Expenses$175K
Total Assets$10K
Grant Records0
Filing Years2021–2025
Where $100 goes at Rimta Foundation
How Rimta Foundation divides every $100 it spends, from its own Form 990-EZ filings, averaged across 8 years.
$97
Programs
the work itself
$3
Everything else
operations and overhead
Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.
Inside the $97 for programs
$97
The Rimta Foundation remains committed to advancing sustainability within rhode island's marine trades industry through a series of impactful environmental initiatives
Source: Form 990-EZ 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
SECRETARY & DIRECTOR
Jay Frechette
DIRECTOR
Matt Leduc
TREASURER & DIRECTOR
Paul Harden
DIRECTOR
Raymond Leblanc
DIRECTOR
Richard Cromwell
PRESIDENT & DIRECTOR
Whitney Jones
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $172K | $175K | $10K |
| 2024 | — | $26K | $12K |
| 2023 | $51K | $35K | $43K |
| 2022 | $25K | $133K | $53K |
| 2021 | $245K | $149K | $141K |
Between 2021 and 2025, reported annual revenue declined from $245K to $172K (-30%), with total assets most recently reported at $10K.
Interactive year-over-year charts and full filing details available with membership.