Neighborhood Health Plan Of Rhode Island

Organization Overview

Neighborhood Health Plan Of Rhode Island is located in Smithfield, RI. The organization was established in 2002. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. As of 12/2021, Neighborhood Health Plan Of Rhode Island employed 718 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborhood Health Plan Of Rhode Island is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Neighborhood Health Plan Of Rhode Island generated $1.5b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $1.5b during the year ending 12/2021. While expenses have increased by 6.9% per year over the past 7 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.

Since 2020, Neighborhood Health Plan Of Rhode Island has awarded 35 individual grants totaling $3,465,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NEIGHBORHOOD HEALTH PLAN OF RHODE ISLAND, AN INNOVATIVE HEALTH PLAN IN PARTNERSHIP WITH THE COMMUNITY HEALTH CENTERS, SECURES ACCESS TO HIGH QUALITY, COST-EFFECTIVE HEALTH CARE FOR RHODE ISLAND'S AT-RISK POPULATIONS.

Describe the Organization's Program Activity:

NEIGHBORHOOD HEALTH PLAN OF RHODE ISLAND IS A NON-PROFIT HEALTH MAINTENANCE ORGANIZATION HMO THAT PROVIDES HIGH-QUALITY, LOW-COST HEALTH CARE SERVICES ON A PREPAID BASIS PRINCIPALLY TO MEDICAID RECIPIENTS AND CERTAIN OTHER ELIGIBLE PERSONS UNDER STATE OF RHODE ISLAND MANAGED CARE PROGRAM, RITECARE. THE ORGANIZATION ALSO EXTENDS ITS SERVICE, BENEFITS AND VALUE TO INDIVIDUALS AND BUSINESSES THROUGH HEALTHSOURCE RI, THE STATE'S HEALTH INSURANCE EXCHANGE. AS OF DECEMBER 31, 2021, THE ORGANIZATION IS RESPONSIBLE FOR PROVIDING HEALTH CARE SERVICES TO OVER 216,580 MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cvs Pharmacy Inc
Healthcare Services
$341,058,775
Dst Healthcare Holdings Inc
Healthcare Services
$5,983,423
Specialist Resources Global Inc
Healthcare It Services
$5,869,625
United Behavioral Health Dba Optum
Healthcare Services
$215,368,398
Integra Dmension Llc
Healthcare Services
$12,192,334
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$1,520,834,669
Investment income $974,533
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $467,872
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,522,277,074

Grants Awarded

Over the last fiscal year, Neighborhood Health Plan Of Rhode Island has awarded $3,465,000 in support to 35 organizations.

Grant RecipientAmount

PROVIDENCE COMMUNITY HEALTH CENTERS

Org PageRecipient Profile

Providence, RI

PURPOSE: GENERAL SUPPORT

$1,750,000

BLACKSTONE VALLEY COMMUNITY HEALTH CARE

Org PageRecipient Profile

Pawtucket, RI

PURPOSE: GENERAL SUPPORT

$600,000

EASY BAY COMMUNITY ACTION PROGRAM

Org PageRecipient Profile

Newport, RI

PURPOSE: GENERAL SUPPORT

$100,000

COMPREHENSIVE COMMUNITY ACTION

Org PageRecipient Profile

Cranston, RI

PURPOSE: GENERAL SUPPORT

$100,000

NORTHWEST COMMUNITY HEALTH CARE WELLONE

Org PageRecipient Profile

Pascoag, RI

PURPOSE: GENERAL SUPPORT

$100,000

THUNDERMIST HEALTH CENTER

Org PageRecipient Profile

Woonsocket, RI

PURPOSE: GENERAL SUPPORT

$100,000
View Grant Profile

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