Ronald Mcdonald House Charities Of New England Inc
- Assets
- $13.4m
- Revenue
- $3.5m
- Investments
- $727.2k
- Employees
- 29
- Location
- Providence, RI
- Founding
- 12/2007
- Data as of
- 12/2021
- EIN
- 22-2760752
Organization Overview
Ronald Mcdonald House Charities Of New England Inc is located in Providence, RI. The organization was established in 2007. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 12/2021, Ronald Mcdonald House Charities Of New England Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald Mcdonald House Charities Of New England Inc 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, Ronald Mcdonald House Charities Of New England Inc generated $3.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. While expenses have increased by 11.4% 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 2014, Ronald Mcdonald House Charities Of New England Inc has awarded 39 individual grants totaling $4,411,133. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RONALD MCDONALD HOUSE CHARITIES OF NEW ENGLAND, INC.(RMHC NE) DEVELOPS, SUPPORTS AND PROVIDES PROGRAMS THAT DIRECTLY IMPROVE THE HEALTH AND WELL-BEING OF CHILDREN AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAMS RMHC NE OFFERS INCLUDE TWO HOUSES: RMH PROVIDENCE AND RMH BOSTON HARBOR, OUR TWO RM FAMILY ROOMS (ONE AT HASBRO CHILDREN'S HOSPITAL IN PROVIDENCE, RI, AND ONE AT MASS GENERAL HOSPITAL FOR CHILDREN IN BOSTON, MA), AND OUR TWO RM CARE MOBILES (ONE IN RHODE ISLAND AND ONE IN WORCESTER, MA). THE RONALD MCDONALD HOUSES PROVIDE A "HOME" ALLOWING FAMILIES TO EAT, SLEEP AND FIND THE EMOTIONAL SUPPORT THEY NEED TO CENTER THEIR ENERGY ON THEIR SICK CHILD. FAMILIES ARE PROVIDED WITH CLEAN, PRIVATE AND PROXIMATE ACCOMODATIONS ALLOWING THEM TO FOCUS ON THEIR CHILD'S CARE. WE SUGGEST A $10 PER NIGHT CONTRIBUTION FROM FAMILIES; HOWEVER, NO FAMILIY IS EVER TURNED AWAY IF THEY ARE UNABLE TO PROVIDE THAT CONTRIBUTION. THIS LESSENS THE FINANCIAL BURDEN ASSOCIATED WITH HAVING A CRITICALLY ILL CHILD. THE RMFMS REPLICATE A HOME-LIKE ATMOSPHERE WHEN A PARENT NEEDS A BREAK FROM THE "HOSPITAL ENVIRONMENT". OUR FAMILY ROOMS, LOCATED WITHIN THE HOSPITALS ARE EQUIPPED WITH CONVENIENCES SUCH AS A KITCHEN, LAUNDRY FACILITIES, INTERNET ACCESS, AND PROVIDE CONFORTABLE AND COMFORTING PLACES OF RESPITE FOR PATIENTS' FAMILIES. THE RMCM IN WORCESTER, MA PROVIDES MEDICAL AND DENTAL CARE TO CHILDREN WITH UNMET HEALTHCARE NEEDS, AND THE RMCM IN RHODE ISLAND (ALSO KNOWN AS "THE MOLAR EXPRESS") PROVIDES DENTAL CARE TO CHILDREN IN LOCAL COMMUNITIES. STAFFED WITH PEDIATRIC SPECIALISTS, THE RMCMS PROVIDE COST-EFFECTIVE, HIGH-QUALITY MEDICAL, DENTAL AND HEALTH EDUCATION SERVICES TO UNDER-SERVED CHILDREN IN RURAL AND URBAN AREAS IN EASTERN NEW ENGLAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gretchen E Manning Chief Executive Officer | Officer | 40 | $177,885 |
Nicole Anderson Chief Advancement Officer Through Nov. 2021 | 40 | $111,943 | |
Michelle Lepage COO Through Sept. 2021 | 40 | $111,899 | |
Katherine M Murphy Chief Financial Officer | Officer | 40 | $94,135 |
Joanne Chang MBA Secretary | OfficerTrustee | 4 | $0 |
Paula Wright President | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
True Sense Direct Mail Solicitation | 12/30/18 | $126,330 |
Market Check Inc Cannister Collections | 12/30/18 | $127,832 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $114,833 |
| Membership dues | $0 |
| Fundraising events | $156,506 |
| Related organizations | $0 |
| Government grants | $214,560 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,719,132 |
| Noncash contributions included in lines 1a–1f | $41,701 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,205,031 |
| Total Program Service Revenue | $0 |
| Investment income | $20,201 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $307,430 |
| Net Income from Fundraising Events | -$9,484 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,524,110 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $175,000 |
| 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. | $329,969 |
| Compensation of current officers, directors, key employees. | $226,580 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $860,271 |
| Pension plan accruals and contributions | $34,139 |
| Other employee benefits | $192,784 |
| Payroll taxes | $95,392 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,785 |
| Fees for services: Accounting | $22,560 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $189,400 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,335 |
| Advertising and promotion | $516 |
| Office expenses | $18,900 |
| Information technology | $32,927 |
| Royalties | $0 |
| Occupancy | $157,605 |
| Travel | $5,272 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $500 |
| Interest | $16,347 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $233,882 |
| Insurance | $56,442 |
| All other expenses | $26,484 |
| Total functional expenses | $3,066,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,462,732 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $369,566 |
| 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 | $9,754 |
| Prepaid expenses and deferred charges | $53,972 |
| Net Land, buildings, and equipment | $6,095,575 |
| Investments—publicly traded securities | $4,595,126 |
| Investments—other securities | $727,229 |
| Investments—program-related | $0 |
| Intangible assets | $19,203 |
| Other assets | $21,425 |
| Total assets | $13,354,582 |
| Accounts payable and accrued expenses | $177,121 |
| Grants payable | $187,500 |
| Deferred revenue | $214,560 |
| 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 | $598,399 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,177,580 |
| Net assets without donor restrictions | $10,956,453 |
| Net assets with donor restrictions | $1,220,549 |
| 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 | $13,354,582 |
Grants Awarded
Over the last fiscal year, Ronald Mcdonald House Charities Of New England Inc has awarded $175,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Cranston, RI PURPOSE: OPERATIONS | $100,000 |
Worcester, MA PURPOSE: OPERATIONS | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 34 grants that Ronald Mcdonald House Charities Of New England Inc has recieved totaling $961,504.
| Awarding Organization | Amount |
|---|---|
Ronald Mcdonald House Charities Inc Chicago, IL PURPOSE: See part IV - c, d | $819,781 |
United Way Of Rhode Island Inc Providence, RI PURPOSE: DESIGNATED DONATION/GRANT | $40,572 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $22,350 |
Cvs Health Charity Classic Inc Woonsocket, RI PURPOSE: GENERAL | $15,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,960 |
Amica Companies Foundation Lincoln, RI PURPOSE: GENERAL PURPOSE | $10,000 |
Endowment Analysis
| Beg. Balance | $4,399,454 |
| Earnings | $498,157 |
| Other Expense | $175,099 |
| Ending Balance | $4,722,512 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Social Finance Inc Boston, MA | $95,994,128 | $81,693,226 |
Ronald Mcdonald House Charities Of New England Inc Providence, RI | $13,354,582 | $3,524,110 |
Meredith And Whitney George Family Foundation Inc Darien, CT | $42,895,388 | $5,882,400 |
Roberta And Stephen R Weiner Family Foundation Boston, MA | $91 | $1,659,524 |
Fels Family Foundation Worcester, MA | $22,625,380 | $1,781,674 |
Cadmus Life Sharing Association Inc Great Barrington, MA | $381,215 | $1,271,718 |
Womens Fund Of Western Massachusetts Springfield, MA | $3,662,382 | $808,253 |
Keystone Group Middletown, RI | $0 | $571,664 |
Friends Of Matenwa Inc Cambridge, MA | $1,411,488 | $967,436 |
A Global Chorus Foundation Wellesley, MA | $32,966,979 | $507,083 |
437 Essex Inc Beverly, MA | $4,399,371 | $786,160 |
Empower Her Network Inc New London, CT | $467,652 | $731,997 |