Hospital Association Of Rhode Island
- Assets
- $1.7m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 17
- Location
- Providence, RI
- Founding
- 06/1947
- Data as of
- 09/2023
- EIN
- 05-0275206
Organization Overview
Hospital Association Of Rhode Island is located in Providence, RI. The organization was established in 1947. According to its NTEE Classification (E01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Health Care and related organizations. As of 09/2023, Hospital Association Of Rhode Island employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hospital Association Of Rhode Island is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2023, Hospital Association Of Rhode Island generated $2.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $2.6m during the year ending 09/2023. While expenses have increased by 0.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST MEMBER HOSPITALS IN EFFECTIVELY SERVING THE HEALTH CARE NEEDS OF RHODE ISLAND, THROUGH ADVOCACY, REPRESENTATION, EDUCATION AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP DUES - PROVIDE MEMBER HOSPITALS WITH INFORMATION RELATING TO INDUSTRY MATTERS AND EDUCATION TO IMPROVE EFFICIENCY AND PROMOTE PATIENT WELFARE.
PARTNERSHIP TO REDUCE CANCER IN RI - BRING TOGETHER CANCER RELATED ORGANIZATIONS AND PROMOTE CANCER AWARENESS.THE ALLIANCE FOR INNOVATION ON MATERNAL HEALTH (AIM) - THE AMERICAN COLLEGE OF OBSTETRICIANS AND GYNECOLOGISTS (ACOG), A 501(C)(6) NONPROFIT CORPORATION, ENGAGES THE HOSPITAL ASSOCIATION OF RHODE ISLAND (HARI) TO PERFORM TASKS IN SUPPORT OF ITS AWARDED CONTRACT ON THE BEHALF OF ACOG, A GRANTEE OF THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES' HEALTH RESOURCES AND SERVICES ADMINISTRATION (HRSA). HARI WILL WORK WITH MEMBER HOSPITALS TO DESIGN A PLAN TO PROMOTE SAFER MATERNAL CARE FOR EVERY BIRTH IN RHODE ISLAND WITH THE GOAL OF LOWERING MATERNAL MORTALITY AND MORBIDITY RATES.
CANCER REGISTRY - EXPENSES ASSOCIATED WITH THE DEVELOPMENT OF REPORTS EXAMINING ALL ASPECTS OF CANCER IN RHODE ISLAND.
EMERGENCY PREPAREDNESS - PUBLIC HEALTH EMERGENCY PLANNING AND DEVELOPMENT FOR RHODE ISLAND HOSPITALS FOR THE SUPPORT OF HOSPITAL PREPAREDNESS PLANNING AND HOSPITAL EMERGENCY PLANNING ACTIVITIES.ADMINISTRATION FOR STRATEGIC PREPAREDNESS AND RESPONSE (ASPR) GRANT - ASSIST HOSPITALS WITH FINANCIAL CRISIS AND EQUIPMENT FUNDING DUE TO COVID-19.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Marran Chair | OfficerTrustee | 1 | $0 |
Aaron Robinson Vice Chair | OfficerTrustee | 1 | $0 |
Michael Souza Chair | OfficerTrustee | 1 | $0 |
Maria Ducharme Member | Trustee | 1 | $0 |
Crista Durand Member | Trustee | 1 | $0 |
John Fernandez Member (from February 2023) | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $987,982 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $987,982 |
| Total Program Service Revenue | $1,506,302 |
| Investment income | $22,933 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,403 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,546,442 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,938 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $494,628 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $921,117 |
| Pension plan accruals and contributions | $32,589 |
| Other employee benefits | $114,133 |
| Payroll taxes | $91,770 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,021 |
| Fees for services: Accounting | $55,886 |
| Fees for services: Lobbying | $78,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,900 |
| Fees for services: Other | $138,909 |
| Advertising and promotion | $17,770 |
| Office expenses | $98,150 |
| Information technology | $186,052 |
| Royalties | $0 |
| Occupancy | $67,715 |
| Travel | $31,345 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,741 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,182 |
| Insurance | $11,044 |
| All other expenses | $0 |
| Total functional expenses | $2,582,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,089 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $399,300 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $37,555 |
| Net Land, buildings, and equipment | $47,157 |
| Investments—publicly traded securities | $893,445 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $143,209 |
| Total assets | $1,737,755 |
| Accounts payable and accrued expenses | $178,917 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $142,014 |
| Total liabilities | $320,931 |
| Net assets without donor restrictions | $1,416,824 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,737,755 |
Grants Awarded
Over the last fiscal year, Hospital Association Of Rhode Island has awarded $1,028,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
PROSPECT CHARTERCARE LLC PURPOSE: NATIONAL BIOTERRORISM HOSPITAL PREPAREDNESS PROGRAM SUBGRANTS FOR ROGER WILLIAMS MEDICAL CENTER AND OUR LADY OF FATIMA HOSPITAL | $255,750 |
KENT COUNTY MEMORIAL HOSPITAL PURPOSE: NATIONAL BIOTERRORISM HOSPITAL PREPAREDNESS PROGRAM SUBGRANT FOR KENT COUNTY MEMORIAL HOSPITAL | $127,875 |
BUTLER HOSPITAL PURPOSE: NATIONAL BIOTERRORISM HOSPITAL PREPAREDNESS PROGRAM SUBGRANT FOR BUTLER HOSPITAL | $127,875 |
WOMEN & INFANTS HOSPITAL OF RI PURPOSE: NATIONAL BIOTERRORISM HOSPITAL PREPAREDNESS PROGRAM SUBGRANT FOR WOMEN & INFANTS HOSPITAL OF RI | $127,875 |
PRIME HEALTHCARE FOUNDATION INC PURPOSE: NATIONAL BIOTERRORISM HOSPITAL PREPAREDNESS PROGRAM SUBGRANT FOR LANDMARK MEDICAL CENTER | $127,875 |
SOUTH COUNTY HOSPITAL HEALTHCARE PURPOSE: NATIONAL BIOTERRORISM HOSPITAL PREPAREDNESS PROGRAM SUBGRANT FOR SOUTH COUNTY HOSPITAL | $127,875 |