Blackstone Valley Development Corp is a private foundation focused on Housing & Shelter, based in PAWTUCKET, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.5M in total assets. In 2024, it made $338K in qualifying distributions. Net investment income was $89K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.5M
-0.4% YoY
Revenue
$583K
+137.9% YoY
Qualifying Distributions
$338K
-41.4% YoY
Expenses
$632K
+27.5% YoY
About Blackstone Valley Development Corp
Based on IRS filings
Blackstone Valley Development Corp is a private foundation focused on Housing & Shelter, based in PAWTUCKET, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.5M in total assets. In 2024, it made $338K in qualifying distributions. Net investment income was $89K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,501,684 | $10,540,406 | $8,262,783 |
| Revenue | $583,095 | $245,055 | $300,940 |
| Expenses | $632,464 | $496,181 | $234,675 |
| Qualifying Distributions | $337,851 | $576,489 | $7,074 |
| Net Investment Income | $88,979 | — | $115,738 |
| Distributable Amount | $78,141 | $128,407 | $175,561 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM J SZAFAROWICZ | PRESIDENT | 0.25 | — |
| JOSEPH F MCENNESS | TREASURER | 0.25 | — |
| KATHLEEN ONEILL | SECRETARY | 0.25 | — |
| JOSEPH F MCENNESS | DIRECTOR | 0.25 | — |
| THOMAS HODGE | DIRECTOR | 0.25 | — |
| PAUL BENOIT | DIRECTOR | 0.25 | — |
| JOHN J PADIEN III | EXECUTIVE DIRECTOR | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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