2024-05-14T13:56:14-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2023-01-01 050377867 SPECIAL OLYMPICS RHODE ISLAND INC SPEC 4013494900 370 GEORGE WASHINGTON HIGHWAY SMITHFIELD RI 02917 EDWIN PACHECO PRESIDENT & CEO 4013494900 2024-05-10 1 EDWIN PACHECO 999009999 0 DANIELLE NIHILL P01350943 7819821001 2024-05-10 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z EDWIN PACHECO 370 GEORGE WASHINGTON HIGHWAY SMITHFIELD RI 02917 4050988 0 X HTTPS://SPECIALOLYMPICSRI.ORG/ X 1978 RI PROVIDES TRAINING & COMPETITION IN OLYMPIC-TYPE SPORTS FOR PEOPLE WITH INTELLECTUAL DISABILITIES. 21 21 14 2500 0 0 1338212 2084407 108457 114088 15170 160289 508234 391809 1970073 2750593 0 0 0 0 1168094 1022458 0 0 588087 690264 987209 1858358 2009667 111715 740926 5408399 6185844 337764 376726 5070635 5809118 TO PROVIDE YEAR-ROUND SPORTS TRAINING & ATHLETIC COMPETITION IN A VARIETY OF OLYMPIC-TYPE SPORTS FOR CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES. 0 0 1154899 114088 TO PROVIDE SPORTS TRAINING & ATHLETIC COMPETITION OF OLYMPIC-TYPE SPORTS FOR CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES. 1154899 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 22 0 1 14 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X EDWIN PACHECO 4013494900 370 GEORGE WASHINGTON HIGHWAY SMITHFIELD RI 02917 ROBIN MOSES CHAIR 2.00 X X 0 0 0 CHRIS EDEN VICE CHAIR 2.00 X X 0 0 0 TIM RISHTON TREASURER 2.00 X X 0 0 0 KEVIN COLMAN SECRETARY 2.00 X X 0 0 0 STACI KOLB PAST CHAIR 2.00 X X 0 0 0 ROB BATISTA DIRECTOR 2.00 X 0 0 0 MICHAEL BULLOCK DIRECTOR 2.00 X 0 0 0 ROB EATON DIRECTOR 2.00 X 0 0 0 JIM GILCREAST DIRECTOR 2.00 X 0 0 0 ALLISON GRAY DIRECTOR 2.00 X 0 0 0 AMIRA JACKSON DIRECTOR 2.00 X 0 0 0 ELWOOD JOHNSON DIRECTOR 2.00 X 0 0 0 LARRY LASALA DIRECTOR 2.00 X 0 0 0 DAVID LICCIARDI DIRECTOR 2.00 X 0 0 0 CYNTHIA LARIVIERE DIRECTOR 2.00 X 0 0 0 THOMAS MAGGIACOMO DIRECTOR 2.00 X 0 0 0 BO MATHEWS DIRECTOR 2.00 X 0 0 0 NEAL MCNAMARA DIRECTOR 2.00 X 0 0 0 STEPHANIE PALLADINI DIRECTOR 2.00 X 0 0 0 DR AMITY RUBEOR DIRECTOR 2.00 X 0 0 0 JOSHUA VARONE DIRECTOR 2.00 X 0 0 0 EDWIN PACHECO PRESIDENT & CEO 40.00 X 155000 0 4650 155000 0 4650 1 0 1 0 0 463223 531152 1090032 2084407 YOUTH SPORTS PROGRAM 624100 114088 114088 114088 42148 42148 1418536 1300395 118141 118141 118141 370140 463223 0 370140 370140 INSURANCE CLAIM 900099 21669 21669 21669 2750593 114088 0 552098 159650 92597 19158 47895 722863 388021 141377 193465 27556 15684 4749 7123 51619 29329 9139 13151 60770 34587 10473 15710 23700 23700 11498 11498 131690 82265 8020 41405 5146 1546 404 3196 28978 14818 5371 8789 137786 94425 12925 30436 59889 47071 12818 214428 142678 1928 69822 25027 12514 5005 7508 66344 39806 2654 23884 28029 14015 5606 8408 SUPPLIES 141807 96393 140 45274 MISCELLANEOUS EXPENSES 76462 22064 798 53600 OTHER EXPENSES 36425 27086 3736 5603 2009667 1154899 266681 588087 1448541 2127544 105551 108661 130142 197369 34441 24690 3015877 970815 2111406 2045062 1578318 1682518 5408399 6185844 89578 79524 248186 297202 337764 376726 X 4854766 5323360 215869 485758 5070635 5809118 5408399 6185844 740926 -2443 0 X 0 1 X 1 0 X 1976095 2083722 2162072 1338212 1750721 9310822 1976095 2083722 2162072 1338212 1750721 9310822 9310822 39247 26302 1349 3293 42148 112339 21669 21669 9444830 817914 0.98580 0.98930 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2023 AMOUNT: $ 21,669. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37920 4804 42724 44483 -6563 37920 41083 3400 44483 36141 4942 41083 26420 9721 36141 0.00000 1.00000 0.00000 0 0 771075 771075 1871355 638796 1232559 325185 283757 41428 48262 48262 0 2045062 LIABILITY FOR TEAM FUNDS 297202 297202 X 3091417 -2443 354765 352322 2739095 11498 11498 2750593 2352934 354765 354765 1998169 11498 11498 2009667 PART X, LINE 2: SPECIAL OLYMPICS RHODE ISLAND, INC. IS ORGANIZED AS A RHODE ISLAND NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRC SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER IRC SECTIONS 170(B)(1)(A)(VI) AND (VIII), AND HAS BEEN DETERMINED NOT TO BE PRIVATE FOUNDATION. THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ENTITY IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. THE ORGANIZATION HAS DETERMINED THAT IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. TORCH RUN 311279 17379 293900 PENGUIN PLUNGE 137266 137266 7 384818 308578 76240 833363 463223 370140 370140 X 0 0 0 0 0 0 0 0 0 EDWIN PACHECO PRESIDENT & CEO 155000 0 0 0 0 0 4650 0 0 0 159650 0 0 0 THOMAS MAGGIACOMO BOARD MEMBER 5643 THE ORGANIZATION PURCHASES INSURANCE THROUGH AN AGENCY (MAGGIACOMO INSURANCE COMPANY) 100% OWNED BY THE BOARD MEMBER. THIS TRANSACTION IS APPROVED BY THE BOARD OF DIRECTORS. 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW CONDUCTED BY MANAGEMENT AND THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION (SORI) ANNUALLY REVIEWS AND REMINDS BOARD MEMBERS AND STAFF ABOUT THESE POLICIES. INDIVIDUALS ARE INSTRUCTED TO REPORT ANY AND ALL INSTANCES THAT MAY BE IN CONFLICT AND/OR REQUIRE PUBLIC REPORTING. ADDITIONALLY, THE CODE OF CONDUCT AND THE ORGANIZATION'S BYLAWS ARE REVIEWED AND SIGNED BY ALL BOARD MEMBERS AND STAFF. WITHIN THE BYLAWS, ARTICLE III, SECTION 17 AND SECTION 18 SPEAK TO THE CONFLICT OF INTEREST POLICY. THIS IS OVERSEEN BY THE PRESIDENT OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE CEO IS HIRED BY A TWO-THIRDS (2/3) VOTE OF THE FULL BOARD OF DIRECTORS AND REPORTS TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS ANNUALLY APPRAISES THE PERFORMANCE OF THE CEO AT PERIODS NOT TO EXCEED FIFTEEN (15) MONTHS. COMPENSATION IS ASSESSED ANNUALLY BY THE BOARD OF DIRECTORS. A REVIEW OF THE CEO WAS COMPLETED ON MARCH 9, 2023. FORM 990, PART VI, SECTION C, LINE 19 THE 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE FOR REVIEW UPON REQUEST.