Floorcovering Industry Improvement Fund
To accept dues collected from flooring contractors and remit to trade association to provide funding for meetings and other events to promote the technical advancement of the industry.
Floorcovering Industry Improvement Fund at a glance
- Total assets
- $181,901
- -71.7% vs 2024
- Revenue (2025)
- $178,963
- -7.5% vs 2024
- Expenses (2025)
- $640,627
- +229.0% vs 2024
- Latest 990 filing
- Form 990-EZ, 2025 View filing
Data from IRS Form 990-EZ, 2025; updated September 2026.
Who Floorcovering Industry Improvement Fund funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $100–250K range: 3 grants of 4 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Floorcovering Industry Improvement Fund gives
- Giving grew 143% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $80K (2021) to $195K (2024). In 2024 it made 1 grant totaling $195K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Northeast Flooring Contractors Association Barrington, RI | Industry Advancement | $194,742 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $181,901 | $178,963 | $640,627 | — | — | — |
| 2024 | $643,565 | $193,552 | $194,742 | $194,742 | 1 | $26,095 |
| 2023 | $644,755 | $196,751 | $135,000 | $135,000 | 1 | $4,516 |
| 2022 | $583,004 | $201,479 | $145,000 | $145,000 | 1 | $2,156 |
| 2021 | $526,525 | $180,113 | $80,000 | $80,000 | 1 | $526 |
| 2020 | $426,412 | $161,873 | $109,120 | $109,120 | 1 | $733 |
| 2019 | $373,659 | $211,111 | $125,001 | $125,001 | 1 | $1,909 |
About Floorcovering Industry Improvement Fund
Based on IRS filings
Floorcovering Industry Improvement Fund is a public charity focused on Employment, based in Barrington, RI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $182K in total assets.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Floorcovering Industry Improvement Fund is led by David Ruggieri, President since 2025 (on filings since 2019); none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
David Ruggieri
President
Director → President, 2025
On filings since 2019
1 hr/week
No compensation reported
Leeann Depietropolo
Director
New on the 2025 filing
1 hr/week
No compensation reported
Steve Cloud
Director
New on the 2025 filing
1 hr/week
No compensation reported
Matt Marrama
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Andrew Decristoforo
Secretary
New on the 2025 filing
1 hr/week
No compensation reported
Jared Colombo
Vice President
New on the 2025 filing
1 hr/week
No compensation reported
Randy Weis
Clerk
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (7)
- Former: James Colombo (2019–2024) — Secretary
- Former: Jim Burke (2019–2024) — President
- Former: John McNulty (2019–2024) — Associate Di
- Former: L. James Spiro (2019–2024) — Clerk
- Former: Steve Becht (2019–2024) — Vice President
- Former: Kevin Haughey (2019) — Director
- Former: Tom Indoccio (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Floorcovering Industry Improvement Fund
How large is Floorcovering Industry Improvement Fund?
Floorcovering Industry Improvement Fund reported $182K in total assets on its 2025 IRS Form 990-EZ. Its revenue that year was $179K.
What is Floorcovering Industry Improvement Fund?
Floorcovering Industry Improvement Fund is a public charity focused on Employment, based in Barrington, RI. It holds $182K in total assets as of 2025.
Where does Floorcovering Industry Improvement Fund operate?
Floorcovering Industry Improvement Fund has awarded grants in Rhode Island.
What is Floorcovering Industry Improvement Fund's EIN?
Floorcovering Industry Improvement Fund's EIN (Employer Identification Number) is 22-6512809. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS February 5, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS February 19, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS February 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS February 9, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS February 26, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS March 10, 2025)
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