OLNEYVILLE HOUSING CORP

PROVIDENCE, RI, 02909-2734 (401) 351-8719 Est. 1988 EIN 22-3010422
L20Z— Housing & Shelter Form 990 501(c)(3)
WWW.OLNEYVILLE.ORG

Mission

ONE NEIGHBORHOOD BUILDERS (ONE/NB) IS A COMMUNITY DEVELOPMENT ORGANIZATION WITH A MISSION TO PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY. WE ACCOMPLISH OUR MISSION THROUGH: STRATEGIC REAL ESTATE DEVELOPMENT WITHIN RHODE ISLAND TO INCREASE THE AVAILABILITY OF AFFORDABLE HOMES, SPUR ECONOMIC DEVELOPMENT, AND PROTECT OUR NATURAL RESOURCES; ENGAGEMENT OF PROVIDENCE RESIDENTS AND COMMUNITY-BASED ORGANIZATIONS TO BUILD TRUST AND COLLECTIVE PROBLEM-SOLVING; DEVELOPMENT OF INDIVIDUALS' FINANCIAL CAPABILITIES SO THAT THEY MAY REALIZE THEIR PERSONAL ASSET-BUILDING GOALS.

Giving Portfolio

Total Grants
49
Total Giving
$2.5M
Recipients
49
Years Active
2022 - 2024
Avg grant: $48,604 Median: $25,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202412$442K $37K66
202316$711K $44K313
202221$1.4M $65K210

Sectors Funded

Human Services
10
Community Improvement
6
Environment
4
Arts, Culture & Humanities
3
Civil Rights & Advocacy
3
Diseases & Disorders
3
Health Care
3
Education
3
and 5 more sectors

Top States

Rhode Island
45
Massachusetts
4

Grantee Size Profile

$1M - $5M
16
$500K - $1M
8
$5M - $10M
8
Over $50M
4
$100K - $500K
4
Under $100K
1
$10M - $50M
1

Top Grantees

RI - 2 grants
$522K
MA - 2 grants
$137K
RI - 2 grants
$134K
PROVIDENCE HOUSING AUTHORITY
RI - 2 grants
$106K
EASTERN INSURANCE GROUP LLC
RI - 2 grants
$94K
and 15 more grantees

Grants Awarded · 44 grants

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Financials

Total Revenue
$7,111,879
Total Expenses
$7,703,787
Net Assets
$11,713,024
38 employees 14 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
18.2 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 35.0%
Expenses ↑ 25.1%
Revenue Sources
Contributions 64.2% Earned revenue 30.0% Investment 5.5%
Expense Breakdown
Program 62.7% Management 37.3%

Officers & Trustees (23)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 Form 990$7,111,879 $7,703,787$11,713,024
2023 Form 990$10,936,227 $6,156,658$12,293,768
2022 Form 990$9,198,891 $7,084,893$8,206,739
2020 Form 990$4,137,120 $3,285,359$4,156,651
2018 Form 990$4,689,503 $4,391,506$3,314,720

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EIN: 22-3010422 · Source: IRS Form 990 e-file data