Federal Hill Commerce Association
TO FOSTER DEVELOPMENT, PROMOTION AND IMPROVEMENTS OF THE AREAS DESIGNATED WITHIN ITS JURISDICATION.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+1168.7% YoY
Revenue
$1.6M
+119.5% YoY
Net Investment Income
$6K
Expenses
$528K
-30.4% YoY
About Federal Hill Commerce Association
Based on IRS filings
Federal Hill Commerce Association is a nonprofit organization focused on Community Improvement & Capacity Building, based in PROVIDENCE, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. Net investment income was $6K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,193,175 | $94,044 | $110,153 |
| Revenue | $1,629,658 | $742,531 | $663,077 |
| Expenses | $528,282 | $759,090 | $588,154 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $5,765 | — | — |
| Distributable Amount | — | — | — |
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
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARMANDO BISCEGLIA | CHAIRMAN | 1 | — |
| ROBERT ZORABEDIAN | VICE CHAIRMAN | 1 | — |
| ROBERT D'AMICO | TREASURER | 1 | — |
| CHRIS CHABOT | SECRETARY | 1 | — |
| DAVE ZARELLA | DIRECTOR | 1 | — |
| JESSICA WILKIN | DIRECTOR | 1 | — |
| CLARA BORGES | DIRECTOR | 1 | — |
| KEN TURCHETTA | DIRECTOR | 1 | — |
| STEVE ANDERSON | DIRECTOR | 1 | — |
| RICK SIMONE | PRESIDENT | 20 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Federal Hill Commerce Association?
Federal Hill Commerce Association is a nonprofit organization focused on Community Improvement & Capacity Building, based in PROVIDENCE, RI. It holds $1.2M in total assets as of 2024.
How large is Federal Hill Commerce Association?
As of 2024, Federal Hill Commerce Association holds $1.2M in total assets with $1.6M in annual revenue.
Where does Federal Hill Commerce Association operate?
Federal Hill Commerce Association has awarded grants in Rhode Island.
What is Federal Hill Commerce Association's EIN?
Federal Hill Commerce Association's EIN (Employer Identification Number) is 06-1482194. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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