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NELSON OIL CO., INC.

Company Details

Name: NELSON OIL CO., INC.
Jurisdiction: Rhode Island
Entity type: Domestic Profit Corporation
Status: Activ
Date of Organization in Rhode Island: 24 Oct 1978 (46 years ago)
Identification Number: 000014685
ZIP code: 02919
County: Providence County
Principal Address: 2551 HARTFORD AVENUE, JOHNSTON, RI, 02919, USA
Purpose: FUEL OIL COMPANY

Industry & Business Activity

NAICS

454310 Fuel Dealers

This industry comprises establishments primarily engaged in retailing heating oil, liquefied petroleum (LP) gas, and other fuels via direct selling. Learn more at the U.S. Census Bureau

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
NELSON OIL CO INC PROFIT SHARING PLAN AND TRUST 2019 050380401 2020-09-03 NELSON OIL CO INC 3
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-01-01
Business code 454310
Sponsor’s telephone number 4019341117
Plan sponsor’s mailing address 2397 HARTFORD AVENUE, JOHNSTON, RI, 02919
Plan sponsor’s address 2397 HARTFORD AVENUE, JOHNSTON, RI, 02919

Number of participants as of the end of the plan year

Active participants 3
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 0
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 3
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2020-09-03
Name of individual signing CHARLES FOTI
Valid signature Filed with authorized/valid electronic signature
NELSON OIL CO INC PROFIT SHARING PLAN AND TRUST 2019 050380401 2020-09-03 NELSON OIL CO INC 3
Three-digit plan number (PN) 001
Effective date of plan 2001-01-01
Business code 454310
Sponsor’s telephone number 4019341117
Plan sponsor’s mailing address 2397 HARTFORD AVENUE, JOHNSTON, RI, 02919
Plan sponsor’s address 2397 HARTFORD AVENUE, JOHNSTON, RI, 02919

Number of participants as of the end of the plan year

Active participants 3
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 0
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 3
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2020-09-03
Name of individual signing CHARLES FOTI
Valid signature Filed with authorized/valid electronic signature
NELSON OIL CO INC PROFIT SHARING PLAN AND TRUST 2018 050380401 2020-09-01 NELSON OIL CO INC 3
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-01-01
Business code 454310
Sponsor’s telephone number 4019341117
Plan sponsor’s mailing address 2397HARTFORDAVENUE, JOHNSTON, RI, 02919
Plan sponsor’s address 2397HARTFORDAVENUE, JOHNSTON, RI, 02919

Number of participants as of the end of the plan year

Active participants 3
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 0
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 3
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2020-09-01
Name of individual signing CHARLES FOTI
Valid signature Filed with authorized/valid electronic signature
NELSON OIL CO INC PROFIT SHARING PLAN AND TRUST 2012 050380401 2013-10-08 NELSON OIL CO INC 3
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-01-01
Business code 454311
Sponsor’s telephone number 4019341117
Plan sponsor’s mailing address 2397 HARTFORD AVENUE, JOHNSTON, RI, 02919
Plan sponsor’s address 2397 HARTFORD AVENUE, JOHNSTON, RI, 02919

Number of participants as of the end of the plan year

Active participants 3
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 0
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 3
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2013-10-08
Name of individual signing CHARLES FOTI
Valid signature Filed with authorized/valid electronic signature
NELSON OIL CO INC PROFIT SHARING PLAN AND TRUST 2011 050380401 2012-07-30 NELSON OIL CO INC 3
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-01-01
Business code 454311
Sponsor’s telephone number 4019341117
Plan sponsor’s DBA name NELSON OIL CO INC
Plan sponsor’s mailing address 2397 HARTFORD AAVENUE, JOHNSTON, RI, 02919
Plan sponsor’s address 2397 HARTFORD AAVENUE, JOHNSTON, RI, 02919

Plan administrator’s name and address

Administrator’s EIN 050380401
Plan administrator’s name NELSON OIL CO INC
Plan administrator’s address 2397 HARTFORD AAVENUE, JOHNSTON, RI, 02919
Administrator’s telephone number 4019341117

Number of participants as of the end of the plan year

Active participants 3
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 0
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 3
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2012-07-30
Name of individual signing CHARLES FOTI
Valid signature Filed with authorized/valid electronic signature
NELSON OIL CO INC PROFIT SHARING PLAN AND TRUST 2010 050380401 2011-08-30 NELSON OIL CO INC 3
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-01-01
Business code 454311
Sponsor’s telephone number 4019341117
Plan sponsor’s mailing address 2397 HARTFORD AVENUE, JOHNSTON, RI, 02919
Plan sponsor’s address 2397 HARTFORD AVENUE, JOHNSTON, RI, 02919

Plan administrator’s name and address

Administrator’s EIN 050380401
Plan administrator’s name NELSON OIL CO INC
Plan administrator’s address 2397 HARTFORD AVENUE, JOHNSTON, RI, 02919
Administrator’s telephone number 4019341117

Number of participants as of the end of the plan year

Active participants 3
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 0
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 3
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2011-08-30
Name of individual signing CHARLES FOTI
Valid signature Filed with authorized/valid electronic signature
NELSON OIL CO INC PROFIT SHARING PLAN AND TRUST 2010 050380401 2011-08-30 NELSON OIL CO INC 3
Three-digit plan number (PN) 001
Effective date of plan 2001-01-01
Business code 454311
Sponsor’s telephone number 4019341117
Plan sponsor’s mailing address 2397 HARTFORD AVENUE, JOHNSTON, RI, 02919
Plan sponsor’s address 2397 HARTFORD AVENUE, JOHNSTON, RI, 02919

Plan administrator’s name and address

Administrator’s EIN 050380401
Plan administrator’s name NELSON OIL CO INC
Plan administrator’s address 2397 HARTFORD AVENUE, JOHNSTON, RI, 02919
Administrator’s telephone number 4019341117

Number of participants as of the end of the plan year

Active participants 3
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 0
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 3
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2011-08-30
Name of individual signing CHARLES FOTI
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
MURRAY GEREBOFF, ESQ. Agent 207 WATERMAN STREET, PROVIDENCE, RI, 02906, USA

PRESIDENT

Name Role Address
STEVE NELSON PRESIDENT 2397 HARTFORD AVENUE JOHNSTON, RI 02919 USA

Filings

Number Name File Date
202447463260 Annual Report 2024-02-28
202329185770 Annual Report 2023-02-23
202212566840 Annual Report 2022-03-03
202186122510 Annual Report 2021-01-12
202047813690 Annual Report 2020-08-06
201985864100 Annual Report 2019-02-01
201859603390 Annual Report 2018-03-01
201729748280 Annual Report 2017-01-09
201589910780 Annual Report 2015-12-30
201452432630 Annual Report 2014-12-24

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
7380648400 2021-02-11 0165 PPS 2551 Hartford Ave, Johnston, RI, 02919-1620
Loan Status Date 2021-10-08
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 49200
Loan Approval Amount (current) 49200
Undisbursed Amount 0
Franchise Name -
Lender Location ID 65795
Servicing Lender Name Centreville Bank
Servicing Lender Address 1218 Main St, WEST WARWICK, RI, 02893-4827
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Johnston, PROVIDENCE, RI, 02919-1620
Project Congressional District RI-02
Number of Employees 5
NAICS code 454310
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 65795
Originating Lender Name Centreville Bank
Originating Lender Address WEST WARWICK, RI
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 49482.9
Forgiveness Paid Date 2021-09-15
8333697203 2020-04-28 0165 PPP 2551 Hartford Ave., JOHNSTON, RI, 02919-1620
Loan Status Date 2021-03-23
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 40500
Loan Approval Amount (current) 40500
Undisbursed Amount 0
Franchise Name -
Lender Location ID 65795
Servicing Lender Name Centreville Bank
Servicing Lender Address 1218 Main St, WEST WARWICK, RI, 02893-4827
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address JOHNSTON, PROVIDENCE, RI, 02919-1620
Project Congressional District RI-02
Number of Employees 5
NAICS code 454310
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 65795
Originating Lender Name Centreville Bank
Originating Lender Address WEST WARWICK, RI
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 40737.38
Forgiveness Paid Date 2021-02-16

Date of last update: 06 Apr 2025

Sources: Rhode Island Department of State