2026-01-13T16:01:22-06:00 2025-06-30 135565207 KPMG LLP ONE FINANCIAL PLAZA SUITE 2300 PROVIDENCE RI 02903 990 2024-07-01 050390916 OCEAN STATE CHARITIES TRUST OCEA 4017289008 ONE CITIZENS BANK WAY JOHNSTON RI 02919 SCOTT AVEDISIAN CHAIRMAN 4017289008 2026-01-05 true false LYLE J MOHLER P01340349 6892065200 2026-01-05 2024 2025-03-06 01:10:19Z MARISA A ALBANESE 1005 MAIN STREET SUITE 2123 PAWTUCKET RI 02860 1619181 false X WWW.OSCT.ORG X 1981 RI PROMOTION OF SOCIAL WELFARE WITHIN THE STATE OF RHODE ISLAND. 5 5 3 0 0 100000 0 0 269578 308539 24718 21998 394296 330537 365673 253220 0 148425 163836 0 0 67303 95383 581401 512439 -187105 -181902 5320441 5304666 51033 45828 5269408 5258838 PROMOTION OF SOCIAL WELFARE WITHIN THE STATE OF RHODE ISLAND. false false 253220 253220 AS A CHARITABLE TRUST, OCEAN STATE CHARITIES TRUST PROMOTES SOCIAL WELFARE WITHIN THE STATE OF RHODE ISLAND THROUGH GRANTS TO PUBLIC CHARITIES THAT PROVIDE ASSISTANCE TO CITIZENS WITHIN THE STATE OF RHODE ISLAND, PARTICULARLY THOSE CHARITIES WHOSE PURPOSES IS TO PROMOTE OR SUPPORT HOUSING, HEALTH, EDUCATION AND WELFARE. 253220 true false false false false false false false false true true false false false true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 0 0 true 3 true false false false false false false false false false false false false false X 5 5 false false false false false true false true true false false true true true true true true true false false RI X MARISA A ALBANESE HOPE ARTISTE VILLAGE 4017289008 1005 MAIN STREET SUITE 2123 PAWTUCKET RI 02860 X SCOTT AVEDISIAN CHAIRMAN OF THE BOARD 10.0 X X 0 0 0 MARK RUSSELL VICE CHAIRMAN 2.0 X X 0 0 0 AMY VITALE TREASURER 2.0 X X 0 0 0 VICTOR CAPELLAN SECRETARY 2.0 X X 0 0 0 JANE LYNCH EXECUTIVE DIRECTOR(END 12/24) 40.0 X X 0 0 0 MARISA ALBANESE INTERIM EXECUTIVE DIRECTOR 40.0 X X 0 0 0 JOHN J PARTRIDGE ESQ TRUSTEE 2.0 X 0 0 0 0 0 0 false false false 193096 193096 1404087 1288644 115443 115443 115443 OTHER INCOME 561000 21998 21998 21998 330537 330537 253220 253220 101214 101214 50760 38784 11976 11862 11862 30840 19559 11281 26994 26994 4394 4394 0 5455 3923 1532 18298 15463 2835 971 820 151 2467 2467 PAYROLL PROCESSING 1953 1953 RI AG FEE 50 50 MISC EXPENSES 3961 3961 512439 437377 75062 0 2858 7644 10125 16644 3541 971 3541 2570 5253304 5243214 50613 34594 5320441 5304666 51033 45828 51033 45828 X 4906003 4866453 363405 392385 5269408 5258838 5320441 5304666 X -181902 174933 -3601 X true X true X true false X X 1 STATE OF RHODE ISLAND 056000522 6 true 253220 0 1 253220 0 false false false false false false false false false false false false false false false true false 0 0 0 0 0 0 5708546 330537 253220 259219 5526644 5895651 100000 294296 365673 215728 5708546 5973655 100000 439797 410611 207190 5895651 6455606 50000 333259 198692 5835874 28000 1137347 351448 194167 0.92539 0.07460 false false 3541 971 2570 2570 SECURITY DEPOSIT 1100 OPERATING LEASE RIGHT-OF-USE ASSET 33494 34594 OPERATING LEASE LIABILITY-CURRENT P 16996 OPERATING LEASE LIABILITY-LONG-TERM 18032 ACCRUED LIABILITIES 10800 45828 505470 174933 174933 330537 330537 516040 3601 3601 512439 512439 EXPLANATION FOR SCHEDULE D, PART V, LINE 4 THE ENDOWMENT FUNDS SUPPORT THE MISSION AND PROGRAM OF THE ORGANIZATION. EXPLANATION FOR SCHEDULE D, PART XII, LINE 2d GRANT RECOVERY $4,000 AND TWO GRANTS REVERSED IN THE FOLLOWING YEAR TOTALING ($7,600) true STATE OF RHODE ISLAND 86 WEYBOSSET STREET PROVIDENCE RI 029032800 056000522 253220 EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 GRANTS ARE MADE ONLY TO ORGANIZATIONS THAT QUALIFY AS PUBLIC CHARITIES UNDER SECTIONS 501(C)(3) AND 509(A) AND APPLY FOR ASSISTANCE TO CARRY OUT A DESIGNATED PROGRAM OR ACTIVITY. THE PUBLIC CHARITY TO WHICH A GRANT IS MADE IS REQUIRED TO ACKNOWLEDGE THE RECEIPT OF THE GRANT AND TO REPORT UPON THE USE OF THE FUNDS. IN THE EVENT AN ORGANIZATION DOES NOT USE A GRANT FOR THE STATED PURPOSE, THE CHARITY IS REQUESTED TO RETURN THE FUNDS. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 7a THE TRUSTEES ARE APPOINTED BY THE GOVERNOR OF THE STATE OF RI. FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW THE TRUSTEES REVIEWED A DRAFT OF FORM 990 PRIOR TO FILING. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c THE CONFLICT OF INTEREST POLICY REQUIRES ANNUAL REPORTING AND THE INFORMATION IS PROVIDED TO THE TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 15a THE PROCESS FOR DETERMINING THE SALARY OF THE EXECUTIVE DIRECTOR INCLUDES A REVIEW AND APPROVAL DURING THE BUDGETING PROCESS BY THE TRUSTEES WHO ARE INDEPENDENT PERSONS FAMILIAR WITH COMPARABLE COMPENSATION INFORMATION. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. EXPLANATION FOR FORM 990, PART XI, LINE 9 GRANT RECOVERY $4,000 AND GRANTS REVERSED IN FOLLOWING YEAR ($7,600)