Rhode Island Assisted Living Association
- Assets
- $461.6k
- Revenue
- $418.7k
- Investments
- $0.0
- Employees
- 3
- Location
- East Providence, RI
- Founding
- 08/2000
- Data as of
- 12/2021
- EIN
- 05-0497725
Organization Overview
Rhode Island Assisted Living Association is located in East Providence, RI. The organization was established in 2000. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Rhode Island Assisted Living Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rhode Island Assisted Living Association 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 12/2021, Rhode Island Assisted Living Association generated $418.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $399.2k during the year ending 12/2021. While expenses have increased by 3.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO REPRESENT THE INTERESTS OF ASSISTED LIVING COMMUNITIES IN RHODE ISLAND BY ADVOCATING FOR THE HIGHEST LEVEL OF INDEPENDENCE AND QUALITY OF LIFE FOR SENIORS. RIALA SERVES AS THE VOICE OF ASSISTED LIVING IN RHODE ISLAND BY PROVIDING INFORMATION, EDUCATION, TRAINING AND ADVOCATING ON BEHALF OF OUR VALUED MEMBERS AND THE POPULATION THEY SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EACH YEAR RIALA BRINGS THE INDUSTRY TOGETHER TO PROVIDE TRAINING ON KEYISUUES AND BEST PRACTICES IN ASSISTED LIVING TO ITS MEMBERS. THIS DAYLONG EVENT OFFERS TRAINING AND DISCUSSION OF ITEMS OF INTEREST ANDCONCERN TO RIALA'S MEMBERS. THIS EVENT ALSO FEATURES A TRADE SHOW WHEREATTENDEES ARE ABLE TO LEARN ABOUT NEW PRODUCTS AND SERVICES AS WELL ASRECONNECT WITH SUPPLIERS AND COLLEAGUES
IN RHODE ISLAND, NURSES AND LICENSED ASSISTED LIVING ADMINISTRATORS AREREQUIRED TO EARN CONTINUING EDUCATION CREDITS ("CEU'S") TO KEEP THEIRINDUSTRY KNOWLEDGE CURRENT AND TO RENEW THEIR LICENSES. RIALA OFFERS ASERIES OF COURSE OFFERINGS THROUGHOUT THE YEAR TO HELP ITS MEMBERS MEETTHE CEU REQUIREMENTS.
THE ORGANIZATION OFFERS A FIFTY HOUR TRAINING PROGRAM UP TO TWICE AYEAR TO PREPARE APPLICANTS TO APPLY FOR LICENSURE AS AN ASSISTED LIVINGADMINSTRATOR AS REQUIRED BY RHODE ISLAND STATE LAW. ALL ASSISTED LIVINGRESIDENCES (OR BUILDINGS) HAVE TO BE INDIVIDUALLY LICENSED, AS WELL AS,OPERATED BY A LICENSED ASSISTED LIVING ADMINISTRATOR.
LOBBYING EXPENSES, OFFICER'S SALARY, AND OTHER INCOME NOT DIRECTLYALLOCABLE TO ANY PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David M Bodah Executive Director | Officer | 40 | $103,846 |
David Rankin Chair | OfficerTrustee | 2 | $0 |
Linda Silveira 1st Vice Chair/imm. Past Pres. | OfficerTrustee | 2 | $0 |
Karen Lally 2nd Vice Chair/past Pres. | OfficerTrustee | 2 | $0 |
Roberta Ragge 3rd Vice Chair | OfficerTrustee | 2 | $0 |
John Stefanik Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $53,035 |
| 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 | $53,035 |
| Total Program Service Revenue | $321,860 |
| Investment income | $3,080 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $28,163 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $418,739 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $103,846 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $123,764 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,160 |
| Payroll taxes | $17,771 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,645 |
| Fees for services: Accounting | $6,652 |
| Fees for services: Lobbying | $38,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $800 |
| Advertising and promotion | $0 |
| Office expenses | $18,088 |
| Information technology | $15,914 |
| Royalties | $0 |
| Occupancy | $22,135 |
| Travel | $666 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,636 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,375 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $399,213 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $192,141 |
| Savings and temporary cash investments | $251,122 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $8,221 |
| Net Land, buildings, and equipment | $10,125 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $461,609 |
| Accounts payable and accrued expenses | $12,028 |
| Grants payable | $0 |
| Deferred revenue | $27,456 |
| 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 | $0 |
| Total liabilities | $39,484 |
| Net assets without donor restrictions | $416,802 |
| Net assets with donor restrictions | $5,323 |
| 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 | $461,609 |
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