O E S Home Of Rhode Island

Organization Overview

O E S Home Of Rhode Island, operating under the name Ethan Place, is located in Warwick, RI. The organization was established in 2012. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 08/2022, Ethan Place employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ethan Place 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 08/2022, Ethan Place generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $1.4m during the year ending 08/2022. While expenses have increased by 4.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION IS CONSTITUTED FOR THE PURPOSE OF OPERATING AND MAINTAINING AS ASSISTED LIVING FACILITY. THIS ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES, INCLUDING SUCH PURPOSES WHICH QUALIFY AS EXEMPT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION OF THIRTY-TWO UNIT ASSISTED LIVING FACILITY


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Board, Officers & Key Employees

Name (title)Compensation
Kim Harrison
Executive Director Sept21-Ma
$67,666
Rick Baccuss
Executive Director Mar22-Pre
$30,356
Neal Rapp
President
$0
Bryan Martin
Treasurer
$0
Deanna Gillis
Secretary
$0
Garrett Sock
Vice President
$0

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$175,693
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$175,693
Total Program Service Revenue$974,515
Investment income $50,290
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $10,000
Net Gain/Loss on Asset Sales $44,601
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,269,674

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