Greater Fall River Development Corp
BUSINESS AND JOB DEVELOPMENT.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$9.9M
+4.3% YoY
Annual Giving
$138K
-93.8% YoY
Grant Count
5
-28.6% YoY
Avg Grant Size
$28K
-91.3% YoY
About Greater Fall River Development Corp
Based on IRS filings
Greater Fall River Development Corp is a nonprofit organization, based in FALL RIVER, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $9.9M in total assets. In 2025, it awarded 5 grants totaling $138K. Net investment income was $676K.
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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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $9,905,263 | $9,498,881 | $10,771,557 |
| Revenue | $676,091 | $528,415 | $641,232 |
| Expenses | $245,835 | $2,348,928 | $299,818 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $676,091 | $528,415 | $616,712 |
| 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 5 recipients in 2025
Grant Size Distribution
33 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 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER SAULINO ESQ | CLERK | 1 | $250 |
| PAUL M JONCAS | PRESIDENT | 1 | — |
| JASON M RUA | VICE PRESIDENT | 1 | — |
| PHILIP PELLETIER | VICE PRESIDENT | 1 | — |
| STEVEN KENYON | TREASURER | 1 | — |
| PETER CABRAL | ASSISTANT TREASURER | 1 | — |
| JAMES PALUMBO | ASSISTANT CLERK | 1 | — |
| F NELSON BLOUNT | DIRECTOR | 1 | — |
| BRUCE FERNANDES CPA MST | DIRECTOR | 1 | — |
| JAMES P SABRA | DIRECTOR | 1 | — |
| MARTIN SCHWALM | DIRECTOR | 1 | — |
| R CHRISTIAN LAFRANCE | DIRECTOR | 1 | — |
| JAMES WALLACE | DIRECTOR | 1 | — |
| KENNETH R REZENDES | DIRECTOR | 1 | — |
| MATTHEW BURKE | DIRECTOR | 1 | — |
| JEFFREY PAGLIUCA | DIRECTOR | 1 | — |
| PAUL CARRIGG | DIRECTOR | 1 | — |
| DANIEL ABRAHAM | DIRECTOR | 1 | — |
| MICHAEL BUSHELL | DIRECTOR | 1 | — |
| STEPHEN KARAM | DIRECTOR | 1 | — |
| SHAUN O'HEARN JR | DIRECTOR | 1 | — |
| ROBERT BOGAN | PAST PRESIDENT | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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