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The Economic Progress Institute

Company Details

Name: The Economic Progress Institute
Jurisdiction: Rhode Island
Entity type: Domestic Non-Profit Corporation
Status: Activ
Date of Organization in Rhode Island: 16 Nov 2009 (15 years ago)
Identification Number: 000518776
ZIP code: 02908
County: Providence County
Principal Address: 600 MOUNT PLEASANT AVENUE BUILDING 9, PROVIDENCE, RI, 02908, USA
Purpose: CHARITABLE, RELIGIOUS, EDUCATIONAL AND SCIENTIFIC PURPOSES
Fictitious names: Poverty Institute (trading name, 2011-07-05 - 2014-05-30)
Historical names: The Poverty Institute

Industry & Business Activity

NAICS

813319 Other Social Advocacy Organizations

This U.S. industry comprises establishments primarily engaged in social advocacy (except human rights and environmental protection, conservation, and wildlife preservation). Establishments in this industry address issues, such as peace and international understanding; community action (excluding civic organizations); or advancing social causes, such as firearms safety, drunk driving prevention, or drug abuse awareness. These organizations may solicit contributions and offer memberships to support these causes. Learn more at the U.S. Census Bureau

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
THE ECONOMIC PROGRESS INSTITUTE 401(K) PLAN 2023 320295517 2024-08-14 THE ECONOMIC PROGRESS INSTITUTE 9
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 921000
Sponsor’s telephone number 4014517760
Plan sponsor’s address 600 MT. PLEASANT AVE., BUILDING 9, PROVIDENCE, RI, 02908

Signature of

Role Plan administrator
Date 2024-08-14
Name of individual signing WEAYONNOH NELSON-DAIVES
Valid signature Filed with authorized/valid electronic signature
THE ECONOMIC PROGRESS INSTITUTE 401(K) PLAN 2022 320295517 2023-09-07 THE ECONOMIC PROGRESS INSTITUTE 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 921000
Sponsor’s telephone number 4014517760
Plan sponsor’s address 600 MT. PLEASANT AVE., BUILDING 9, PROVIDENCE, RI, 02908

Signature of

Role Plan administrator
Date 2023-09-07
Name of individual signing WEAYONNOH NELSON-DAIVES
Valid signature Filed with authorized/valid electronic signature
THE ECONOMIC PROGRESS INSTITUTE 401(K) PLAN 2021 320295517 2022-07-06 THE ECONOMIC PROGRESS INSTITUTE 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 921000
Sponsor’s telephone number 4014568239
Plan sponsor’s address 600 MT. PLEASANT AVE., PROVIDENCE, RI, 02908

Signature of

Role Plan administrator
Date 2022-07-06
Name of individual signing WEAYONNOH NELSON-DAIVES
Valid signature Filed with authorized/valid electronic signature
THE ECONOMIC PROGRESS INSTITUTE 401(K) PLAN 2020 320295517 2021-07-27 THE ECONOMIC PROGRESS INSTITUTE 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 921000
Sponsor’s telephone number 4014568239
Plan sponsor’s address 600 MT. PLEASANT AVE., PROVIDENCE, RI, 02908

Signature of

Role Plan administrator
Date 2021-07-27
Name of individual signing MARGAUX MORISSEAU
Valid signature Filed with authorized/valid electronic signature
THE ECONOMIC PROGRESS INSTITUTE 401(K) PLAN 2019 320295517 2020-04-30 THE ECONOMIC PROGRESS INSTITUTE 5
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 921000
Sponsor’s telephone number 4014568239
Plan sponsor’s address 600 MT. PLEASANT AVE., PROVIDENCE, RI, 02908

Signature of

Role Plan administrator
Date 2020-04-30
Name of individual signing RACHEL FLUM
Valid signature Filed with authorized/valid electronic signature
THE ECONOMIC PROGRESS INSTITUTE 401(K) PLAN 2018 320295517 2019-03-11 THE ECONOMIC PROGRESS INSTITUTE 6
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 921000
Sponsor’s telephone number 4014568239
Plan sponsor’s address 600 MT. PLEASANT AVE., PROVIDENCE, RI, 02908

Signature of

Role Plan administrator
Date 2019-03-11
Name of individual signing RACHEL FLUM
Valid signature Filed with authorized/valid electronic signature
THE ECONOMIC PROGRESS INSTITUTE 401(K) PLAN 2017 320295517 2018-05-08 THE ECONOMIC PROGRESS INSTITUTE 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 921000
Sponsor’s telephone number 4014568239
Plan sponsor’s address 600 MT. PLEASANT AVE., PROVIDENCE, RI, 02908
THE ECONOMIC PROGRESS INSTITUTE 401(K) PLAN 2016 320295517 2017-01-27 THE ECONOMIC PROGRESS INSTITUTE 5
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 921000
Sponsor’s telephone number 4014568239
Plan sponsor’s address 600 MT. PLEASANT AVE., PROVIDENCE, RI, 02908
THE ECONOMIC PROGRESS INSTITUTE 401(K) PLAN 2015 320295517 2016-07-25 THE ECONOMIC PROGRESS INSTITUTE 5
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 921000
Sponsor’s telephone number 4014568239
Plan sponsor’s address 600 MT. PLEASANT AVE., PROVIDENCE, RI, 02908
THE ECONOMIC PROGRESS INSTITUTE 401(K) PLAN 2014 320295517 2015-09-03 THE ECONOMIC PROGRESS INSTITUTE 5
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 921000
Sponsor’s telephone number 4014568239
Plan sponsor’s DBA name KATHERINE BREWSTER
Plan sponsor’s address 600 MT. PLEASANT AVE., PROVIDENCE, RI, 02908

Plan administrator’s name and address

Administrator’s EIN 320295517
Plan administrator’s name THE ECONOMIC PROGRESS INSTITUTE
Plan administrator’s address 600 MT. PLEASANT AVE., PROVIDENCE, RI, 02908
Administrator’s telephone number 4014568239

Signature of

Role Plan administrator
Date 2015-09-03
Name of individual signing KATHERINE A. BREWSTER
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2014/10/09/20141009135252P040016291149001.pdf
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 921000
Sponsor’s telephone number 4014568239
Plan sponsor’s DBA name KATHERINE BREWSTER
Plan sponsor’s address 600 MT. PLEASANT AVE., PROVIDENCE, RI, 02908

Plan administrator’s name and address

Administrator’s EIN 320295517
Plan administrator’s name THE ECONOMIC PROGRESS INSTITUTE
Plan administrator’s address 600 MT. PLEASANT AVE., PROVIDENCE, RI, 02908
Administrator’s telephone number 4014568239

Signature of

Role Plan administrator
Date 2014-10-09
Name of individual signing KATHERINE A. BREWSTER
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2013/09/05/20130905150751P040140760069001.pdf
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 921000
Sponsor’s telephone number 4014568239
Plan sponsor’s address 600 MT. PLEASANT AVE., PROVIDENCE, RI, 02908

Plan administrator’s name and address

Administrator’s EIN 320295517
Plan administrator’s name THE ECONOMIC PROGRESS INSTITUTE
Plan administrator’s address 600 MT. PLEASANT AVE., PROVIDENCE, RI, 02908
Administrator’s telephone number 4014568239

Signature of

Role Plan administrator
Date 2013-09-05
Name of individual signing KATHERINE A. BREWSTER
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2012/10/04/20121004132730P040000455622001.pdf
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 921000
Sponsor’s telephone number 4014568239
Plan sponsor’s address 600 MT. PLEASANT AVE., PROVIDENCE, RI, 02908

Plan administrator’s name and address

Administrator’s EIN 320295517
Plan administrator’s name THE ECONOMIC PROGRESS INSTITUTE
Plan administrator’s address 600 MT. PLEASANT AVE., PROVIDENCE, RI, 02908
Administrator’s telephone number 4014568239

Signature of

Role Plan administrator
Date 2012-10-04
Name of individual signing KATHERINE A. BREWSTER
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2011/10/06/20111006105418P040147010673001.pdf
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 921000
Sponsor’s telephone number 4014568239
Plan sponsor’s address 600 MT. PLEASANT AVE., PROVIDENCE, RI, 02908

Plan administrator’s name and address

Administrator’s EIN 320295517
Plan administrator’s name THE POVERTY INSTITUTE
Plan administrator’s address 600 MT. PLEASANT AVE., PROVIDENCE, RI, 02908
Administrator’s telephone number 4014568239

Signature of

Role Plan administrator
Date 2011-10-06
Name of individual signing KATHERINE A. BREWSTER
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
WEAYONNOH NELSON-DAVIES Agent 600 MOUNT PLEASANT AVENUE, PROVIDENCE, RI, 02908, USA

PRESIDENT

Name Role Address
DWYANE KEYS PRESIDENT P.O. BOX 5653 PROVIDENCE, RI 02903 USA

TREASURER

Name Role Address
COLLIN BAILEY TREASURER 205 BEECHWOOD DRIVE CRANSTON, RI 02921 USA

SECRETARY

Name Role Address
JILL BECKWITH SECRETARY 45 EVELYN STREET N. DARTMOUTH , MA 02747 USA

VICE PRESIDENT

Name Role Address
LINDA SHAW VICE PRESIDENT 50 INTERVALE ROAD PROVIDENCE, RI 02906 USA

DIRECTOR

Name Role Address
GERALDINE BARCLAY-KING DIRECTOR 326 GAUTHIER DRIVE WOONSOCKET, RI 02895 USA
ANNA CANO-MORALES DIRECTOR 23 REDWOOD DRIVE NORTH PROVIDENCE, RI 02911 USA
PAOLA FERNANDEZ DIRECTOR 27 DEKALB STREET CRANSTON, RI 02910 USA
PAULA HODGES DIRECTOR 120 BRADLEY STREET PROVIDENCE, RI 02908 USA
ANA URENA DIRECTOR 51 JOB STREET PROVIDENCE, RI 02904 USA
DORIS BLANCHARD DIRECTOR 76 BLACKAMORE AVENUE CRANSTON, RI 02910 USA
ERICA HAMMOND DIRECTOR 29 DOLORES COURT WARWICK, RI 02889 USA
JOSEPH MAYA RODRIGUEZ DIRECTOR 423 OAKLAND AVENUE WARWICK, RI 02889 USA

Events

Type Date Old Value New Value
Name Change 2011-07-01 The Poverty Institute The Economic Progress Institute

Filings

Number Name File Date
202453268910 Annual Report 2024-04-30
202452399750 Statement of Change of Registered/Resident Agent 2024-04-24
202334731230 Annual Report 2023-04-30
202213170730 Annual Report 2022-03-21
202198276650 Annual Report 2021-06-15
202040629090 Annual Report 2020-05-21
201993071110 Annual Report 2019-05-14
201866465970 Annual Report 2018-05-21
201745338740 Annual Report 2017-06-09
201601801070 Statement of Change of Registered/Resident Agent 2016-07-07

Tax Exempt

EIN Type of Organization Exempt Organization Status Address Ruling Date
32-0295517 Corporation Unconditional Exemption 600 MT PLEASANT AVE, PROVIDENCE, RI, 02908-1940 2010-06
In Care of Name % KATHERINE BREWSTER
Group Exemption Number 0000
Subsection Charitable Organization, Educational Organization, Literary Organization, Organization to Prevent Cruelty to Animals, Organization to Prevent Cruelty to Children, Organization for Public Safety Testing, Religious Organization, Scientific Organization
Affiliation Independent - This code is used if the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Classification Government Instrumentality, Title-Holding Corporation, Charitable Organization, Educational Organization, Local Association of Employees, Agricultural Organization, Horticultural Organization, Board of Trade, Business League, Pleasure, Recreational, or Social Club, Fraternal Beneficiary Society, Order or Association, Voluntary Employees' Beneficiary Association (Non-Govt. Emps.), Voluntary Employees' Beneficiary Association (Govt. Emps.), Domestic Fraternal Societies and Associations, Teachers Retirement Fund Assoc., Benevolent Life Insurance Assoc., Mutual Ditch or Irrigation Co., Burial Association, Cemetery Company, Credit Union, Other Mutual Corp. or Assoc., Mutual Insurance Company or Assoc. Other Than Life or Marine, Corp. Financing Crop Operations, Supplemental Unemployment Compensation Trust or Plan, Employee Funded Pension Trust (Created Before 6/25/59), Post or Organization of War Veterans, Legal Service Organization, Black Lung Trust, Multiemployer Pension Plan, Veterans Assoc. Formed Prior to 1880, Trust Described in Sect. 4049 of ERISA, Title Holding Co. for Pensions, etc., State-Sponsored High Risk Health Insurance Organizations, State-Sponsored Workers' Compensation Reinsurance, ACA 1322 Qualified Nonprofit Health Insurance Issuers, Apostolic and Religious Org. (501(d)), Cooperative Hospital Service Organization (501(e)), Cooperative Service Organization of Operating Educational Organization (501(f)), Child Care Organization (501(k)), Charitable Risk Pool, Qualified State-Sponsored Tuition Program, 4947(a)(1) - Private Foundation (Form 990PF Filer)
Deductibility Contributions are deductible.
Foundation Organization that receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
Tax Period 2023-09
Asset 500,000 to 999,999
Income 1,000,000 to 4,999,999
Filing Requirement 990 (all other) or 990EZ return
PF Filing Requirement No 990-PF return
Accounting Period Sep
Asset Amount 886869
Income Amount 1034962
Form 990 Revenue Amount 1023304
National Taxonomy of Exempt Entities Public& Societal Benefit: Research Institutes and Public Policy Analysis
Sort Name -

Publication 78 Data

Description Organizations eligible to receive tax-deductible charitable contributions. Users may rely on this list in determining deductibility of their contributions.
On Publication 78 Data List Yes
Deductibility Type of organization and use of contribution: A public charity. Deductibility Limitation: 50% (60% for cash contributions)

Determination Letter

Final Letter(s) FinalLetter_32-0295517_THEPOVERTYINSTITUTE_12232009_01.tif

Copies of Returns (990, 990-EZ, 990-PF, 990-T)

Organization Name ECONOMIC PROGRESS INSTITUTE
EIN 32-0295517
Tax Period 202309
Filing Type E
Return Type 990
File View File
Organization Name ECONOMIC PROGRESS INSTITUTE
EIN 32-0295517
Tax Period 202209
Filing Type E
Return Type 990
File View File
Organization Name ECONOMIC PROGRESS INSTITUTE
EIN 32-0295517
Tax Period 202109
Filing Type E
Return Type 990
File View File
Organization Name ECONOMIC PROGRESS INSTITUTE
EIN 32-0295517
Tax Period 202009
Filing Type E
Return Type 990
File View File
Organization Name ECONOMIC PROGRESS INSTITUTE
EIN 32-0295517
Tax Period 201909
Filing Type E
Return Type 990
File View File
Organization Name ECONOMIC PROGRESS INSTITUTE
EIN 32-0295517
Tax Period 201809
Filing Type E
Return Type 990
File View File
Organization Name ECONOMIC PROGRESS INSTITUTE
EIN 32-0295517
Tax Period 201709
Filing Type E
Return Type 990
File View File
Organization Name ECONOMIC PROGRESS INSTITUTE
EIN 32-0295517
Tax Period 201609
Filing Type E
Return Type 990
File View File

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
8487327309 2020-05-01 0165 PPP 600 Mount Pleasant Ave, PROVIDENCE, RI, 02908
Loan Status Date 2020-11-18
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 95700
Loan Approval Amount (current) 95700
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 PROVIDENCE, PROVIDENCE, RI, 02908-0001
Project Congressional District RI-01
Number of Employees 7
NAICS code 813319
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Non-Profit Organization
Originating Lender ID 65795
Originating Lender Name Centreville Bank
Originating Lender Address WEST WARWICK, RI
Gender Female Owned
Veteran Unanswered
Forgiveness Amount 96157.23
Forgiveness Paid Date 2020-11-02

Date of last update: 14 Oct 2024

Sources: Rhode Island Department of State