Loading organization details...
Loading organization details...
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.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$1.9M
Program Spending
83%
of total expenses go to program services
Total Contributions
$994.9K
Total Expenses
▼$1.9M
Total Assets
$2.5M
Total Liabilities
▼$3.1M
Net Assets
-$555.8K
Officer Compensation
→N/A
Other Salaries
$806K
Investment Income
$0
Fundraising
▼$69.4K
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$3.4M
Awards Found
9
Small Business Administration
$1.5M
HOPE & MAIN FY24 CONGRESSIONAL COMMUNITY PROJECT FUNDING
Department of Agriculture
$491.9K
HOPE MAIN WILL SUPPORT AND EXPAND DIRECTTOCONSUMER MARKETING FOR LOCALLY PROCESSED FOOD PRODUCTS LEVERAGING THE CAPABILITIES OF RHODE ISLANDS PREMIER FOOD BUSINESS INCUBATOR. THE PROJECT ANTICIPATES THE PARTICIPATION OF 150 NEW FOOD PRODUCERS WITH APPROXIMATELY 40 OF THESE BUSINESSES BEING LOCALLY OPERATED ALONGSIDE 100 EXISTING MEMBERS AND OTHER REGIONAL FOOD PROCESSORS GROWERS AND PRODUCERS. THIS INITIATIVE WILL UTILIZE FOUR KEY DISTRIBUTION CHANNELS HOPE MAINS ONSITE MARKETS REGIONAL FARMERS MARKETS THE FARM FRESH RI MARKET MOBILE PROGRAM AND COASTAL FOOD SHEDS VIRTUAL MARKET AS WELL AS THE ANNUAL RI TABLETOP SHOW. THE PROJECT AIMS TO FACILITATE THE SUCCESSFUL LAUNCH GROWTH AND LONGTERM VIABILITY OF THESE FOOD BUSINESSES SUPPORTING A NETWORK OF STAKEHOLDERS INVOLVED IN THE PRODUCTION AND DISTRIBUTION OF FOOD PRODUCTS. THE PROJECT WILL PROVIDE ASSISTANCE TO FOOD PROCESSORS AND PRODUCERS LOOKING TO ESTABLISH AND SCALE THEIR OPERATIONS. THE ANTICIPATED OUTCOME IS THE INCREASED VISIBILITY AND SALES OF THESE PRODUCTS TO CONSUMERS THROUGHOUT RHODE ISLAND. THE PRIMARY BENEFICIARIES INCLUDE FOOD PROCESSORS FARMERS RANCHERS AND THE CONSUMERS WHO PURCHASE THESE GOODS AND ALL INVOLVED STAKEHOLDERS WITHIN THE REGIONAL FOOD SYSTEM.
Department of Agriculture
$487.4K
HOPE MAIN WILL EXPAND DIRECTTOCONSUMER MARKETING FOR LOCALLY PROCESSED FOOD PRODUCTS LEVERAGING THE CAPABILITIES OF RHODE ISLANDS PREMIER FOOD BUSINESS INCUBATOR. THE PROJECT ANTICIPATES THE PARTICIPATION OF 150 NEW FOOD PRODUCERS WITH APPROXIMATELY 40 OF THESE BUSINESSES BEING LOCALLY OPERATED ALONGSIDE OVER 100 EXISTING MEMBERS AND OTHER REGIONAL FOOD PROCESSORS GROWERS AND PRODUCERS. THIS INITIATIVE WILL UTILIZE FOUR KEY DISTRIBUTION CHANNELS HOPE MAINS ONSITE MARKETS REGIONAL FARMERS MARKETS THE FARM FRESH RI MARKET MOBILE PROGRAM AND COASTAL FOOD SHEDS VIRTUAL MARKET AS WELL AS THE ANNUAL RI TABLETOP SHOW. THE PROJECT AIMS TO BETTER SUPPORT THE LAUNCH ANDOR GROWTH AND LONGTERM VIABILITY OF THESE FOOD BUSINESSES SUPPORTING A NETWORK OF STAKEHOLDERS INVOLVED IN THE PRODUCTION AND DISTRIBUTION OF FOOD PRODUCTS PROVIDING ASSISTANCE TO FOOD PROCESSORS AND PRODUCERS LOOKING TO ESTABLISH AND SCALE THEIR OPERATIONS AND INCREASE THEIR VISIBILITY.
Department of Agriculture
$317.9K
ARP ECONOMIC DEVELOPMENT GRANT FOR RURAL HEALTH CARE FACILITIES
Small Business Administration
$275K
CONGRESSIONAL EARMARK HOPE & MAIN FY 22 CONGRESSIONAL COMMUNITY PROJECT FUNDING
Department of Agriculture
$178.3K
HOPE AND MAIN'S UNIQUE INTEGRATED INCUBATION MODEL COMBINES TECHNICAL ASSISTANCE FOR FOOD PRODUCTION WITH PROMOTIONAL PROGRAMS CONNECTING DIRECT-TO-CONSUMER RELATIONSHIPS.
Small Business Administration
$127K
FY23 CONGRESSIONAL COMMUNITY PROJECT HOPE & MAIN
Department of Agriculture
$19.3K
THIS GRANT SUPPORTS THE COSTS INCURRED TO IMPLEMENT MEASURES TO RESPOND TO THE NOVEL CORONAVIRUS 2019 (COVID-19), WHICH MAY INCLUDE WORKPLACE SAFETY, MARKET PIVOTS, RETROFITTING FACILITIES, TRANSPORTATION, WORKER HOUSING, AND MEDICAL EXPENSES. IT PROVIDES NEEDED RELIEF TO THE FOOD PROCESSORS, DISTRIBUTORS, FARMERS MARKETS, AND PRODUCERS FOR THEIR COSTS INCURRED BETWEEN JANUARY 27, 2020, THE DATE UPON WHICH THE PUBLIC HEALTH EMERGENCY WAS DECLARED BY THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICE (HHS) UNDER SECTION 319 OF THE PUBLIC HEALTH SERVICE ACT, AND DECEMBER 31, 2021. BENEFICIARIES INCLUDE THE EMPLOYEES OF THE FOOD PROCESSORS, DISTRIBUTORS, FARMERS MARKETS, AND PRODUCERS.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
1
Clean Audits
0
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Minor Findings | Unmodified (Clean) | $1M | No | 2026-03-30 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$1M
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
WarningTax-exempt status was revoked on November 15, 2012
Reinstated on December 15, 2013
Exemption type: 00
990-N (e-Postcard) Filing History
This organization files simplified Form 990-N (annual gross receipts ≤ $50,000).
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $1.9M | $994.9K | $1.9M | $2.5M | -$555.8K |
| 2022 | $1.2M | $439.4K | $1.3M | $2.5M | -$808.5K |
| 2021 | $1M | $330.9K | $1.1M | $2.4M | -$749.2K |
| 2020 | $958.4K | $416.2K | $1M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
Revocation status: IRS Auto-Revocation List
| Total |
|---|
| Lisa Bergeron | Co-chair | 2 | $0 | $0 | $0 | $0 |
| Lisa Raiola | Chair | 2 | $0 | $0 | $0 | $0 |
| Inna Walker | Treasurer | 2 | $0 | $0 | $0 | $0 |
Lisa Bergeron
Co-chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Lisa Raiola
Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Inna Walker
Treasurer
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Ken Banalewicsz | Director | 1 | $0 | $0 | $0 | $0 |
| Kyle Adamonis | Shrm-cp Phr | 2 | $0 | $0 | $0 | $0 |
| Lanre Ajakaiye | Secretary | 2 | $0 | $0 | $0 | $0 |
| Maureen Maloney | Director | 1 | $0 | $0 | $0 | $0 |
| Michael Goldberg Esq M | Director | 1 | $0 | $0 | $0 | $0 |
| Rosamond Lu | Director |
Ken Banalewicsz
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kyle Adamonis
Shrm-cp Phr
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Lanre Ajakaiye
Secretary
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
| $2.6M |
| -$636.1K |
| 2019 | $774.1K | $145.3K | $934.9K | $2.6M | -$557.3K |
| 2018 | $762.5K | $86.6K | $889K | $2.7M | -$396.6K |
| 2017 | $916.7K | $320.8K | $873.1K | $2.8M | -$270.1K |
| 2016 | $569.4K | $167.3K | $823.8K | $2.8M | -$313.7K |
| 2015 | $338.5K | $205.8K | $473.8K | $3.2M | -$59.3K |
| 2021 | 990 | Data | PDF not yet published by IRS |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Tino Chow | Director | 1 | $0 | $0 | $0 | $0 |
| William Bigelow | Director | 1 | $0 | $0 | $0 | $0 |
Maureen Maloney
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Michael Goldberg Esq M
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Rosamond Lu
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Tino Chow
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
William Bigelow
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0