Hope & Main logo

Hope & Main

Public charity · Grantmaker Warren, RI EIN: 27-2917974 Website

To help local entrepreneurs jump-start early-stage food companies and food related businesses by providing low cost, low risk access to shared-use commercial kitchens and other industry-specific technical resources.

Key facts about Hope & Main

In short: Hope & Main gave $570K across 6 grants in 2025 (avg $95K), mostly in Rhode Island. Source: 2025 IRS Form 990.

EIN
27-2917974
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$570,196
Grants made (2025)
6
Average grant
$95,033
Median grant
$40,917
Total assets
$3,842,282
Primary geography
Rhode Island (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$3.8M

+52.6% YoY

Annual Giving

$570K

Grant Count

6

Avg Grant Size

$95K

About Hope & Main

Based on IRS filings

Hope & Main is a public charity focused on Community Improvement & Capacity Building, based in Warren, RI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3.8M in total assets. In 2025, it awarded 6 grants totaling $570K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 6 itemized 2025 grant dollars.

States

Cities

ProvidenceCentral Falls

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K0 grants20190 grants20200 grants20210 grants20220 grants20230 grants20246 grants2025

In 2025 it made 6 grants totaling $570K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Hope & Main Providence: $393KHope & Main Providence$393KRhode Island Hispanic Chamber: $45KRhode Island Hispanic Chamber$45KSocial Enterprise Greenhouse: $41KSocial Enterprise Greenhouse$41KRhode Island Black Business Association: $41KRhode Island Black BusinessAssociation$41KFuerza Laboral: $25KFuerza Laboral$25KCenter for South East Asians: $25KCenter for South East Asians$25K

The largest 2025 recipient was Hope & Main Providence ($393K). Together the top 6 received $570K.

Grant Size Distribution

6 grants across all recorded years

5<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 5 grants of 6 (83%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Hope & Main Providence Providence, RITo support local food economies, create jobs, and promote equitable economic development through food-based entrepreneurship.$393,196
Rhode Island Hispanic Chamber Providence, RITo support local food economies, create jobs, and promote equitable economic development through food-based entrepreneurship.$45,270
Social Enterprise Greenhouse Providence, RITo support local food economies, create jobs, and promote equitable economic development through food-based entrepreneurship.$41,000
Rhode Island Black Business Association Providence, RITo support local food economies, create jobs, and promote equitable economic development through food-based entrepreneurship.$40,833
Fuerza Laboral Central Falls, RITo support local food economies, create jobs, and promote equitable economic development through food-based entrepreneurship.$24,995
Center for South East Asians Providence, RITo support local food economies, create jobs, and promote equitable economic development through food-based entrepreneurship.$24,902

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
$0$1M$2M$3M$4M2019202020212022202320242025
Metric202520242023
Total Assets$3,842,282$2,518,207$2,480,495
Revenue$2,864,515$1,863,573$1,653,386
Expenses$3,064,061$1,896,190$1,611,836
Net Investment Income———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS January 29, 2020)
  2. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)

Leadership & Key People

Officers and directors from IRS filings

Hope & Main is led by Lisa Raiola MPH, President & Chair since 2025 (on filings since 2019); 2 of 12 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Lisa Raiola MPH

    President & Chair

    President → Chair, 2024

    Chair → President & Chair, 2025

    On filings since 2019

    2 hrs/week

    $46K (2025)

  • Luca Carnevale

    Executive Director

    New on the 2025 filing

    40 hrs/week

    $103K (2025)

  • Kyle Adamonis

    Director

    Shrm-Cp Phr → Director, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Maureen Maloney

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • William Bigelow

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Rosamond Lu

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Tino Chow

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Kenneth Banalewicz

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Michael Goldberg Esq.

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Lisa Bergeron

    Vice Chair

    Secretary → Co-Chair, 2024

    Co-Chair → Vice Chair, 2025

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Inna Walker

    Treasurer

    Director → Treasurer, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Lanre Ajakaiye

    Secretary

    Director → Secretary, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

Former officers (16)
  • Former: Ken Banalewicsz (2020–2024) — Director
  • Former: Michael Goldberg Esq M. (2023–2024) — Director
  • Former: Ellen Almeida (2019–2023) — Treasurer
  • Former: Lori Pivarnik PhD (2019–2023) — Director
  • Former: Tony Fonseca (2019–2023) — Director
  • Former: Melba Depena Affigne (2023) — Director
  • Former: Joanne B. Dahmer (2019–2022) — Director
  • Former: Leo Pollock (2019–2022) — Director
  • Former: Sergio Ferreira (2019–2022) — Director
  • Former: Sheila Brush (2019–2022) — Vice President
  • Former: Tamarah Bacon (2019–2022) — Director
  • Former: W. Henry Blade (2019–2022) — Director
  • Former: Sumana Chintapalli (2020–2022) — Director
  • Former: Nick Rabar (2019–2021) — Director
  • Former: Clay Pell (2019) — Director
  • Former: Rolando Robledo (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.

Compensation Overview

From 2025 IRS filing

Luca Carnevale — Executive Director: $103KLuca CarnevaleExecutive Director$103KLisa Raiola MPH — President & Chair: $46KLisa Raiola MPHPresident & Chair$46K

The highest reported compensation on the 2025 filing was $103K, to Luca Carnevale (Executive Director). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Hope & Main

How much does Hope & Main give each year?

Hope & Main gave $570K across 6 grants in 2025, according to its 2025 IRS Form 990.

What is Hope & Main's typical grant size?

Hope & Main's median grant in 2025 was $40,917, and its average grant was $95,033, across 6 grants on its 2025 IRS Form 990.

Where does Hope & Main give grants?

Hope & Main gives mostly in Rhode Island: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Providence, RI (5 grants).

Does Hope & Main give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on Hope & Main's 2025 IRS Form 990 were described as general or operating support.

Who are Hope & Main's largest grantees?

Hope & Main's largest 2025 grantees include Hope & Main Providence ($393,196), Rhode Island Hispanic Chamber ($45,270) and Social Enterprise Greenhouse ($41,000), according to its 2025 IRS Form 990. Together they received 84% of its itemized 2025 grant dollars.

How large is Hope & Main?

Hope & Main reported $3.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.9M.

What is Hope & Main?

Hope & Main is a public charity focused on Community Improvement & Capacity Building, based in Warren, RI. It holds $3.8M in total assets as of 2025.

What is Hope & Main's EIN?

Hope & Main's EIN (Employer Identification Number) is 27-2917974. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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