Brown Physicians Inc
- Assets
- $21.9m
- Revenue
- $10.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Providence, RI
- Founding
- 10/2017
- Data as of
- 09/2021
- EIN
- 82-1858635
Organization Overview
Brown Physicians Inc is located in Providence, RI. The organization was established in 2017. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brown Physicians Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Brown Physicians Inc has awarded 15 individual grants totaling $370,260. 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
TO SUPPORT THE PURPOSES OF THE WARREN ALPERT MEDICAL SCHOOL OF BROWN UNIVERSITY, AS WELL AS OTHER TAX-EXEMPT NONPROFIT HOSPITALS IN RHODE ISLAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT OF MULTI-DISCIPLINARY CLINICAL PROGRAMS, PARTICIPATING IN RESEARCH, PROVIDING TEACHING SERVICES, PLANNING JOINT CLINICAL INTEGRATION WITH THE UNIVERSITY AND NONPROFIT HOSPITALS IN RHODE ISLAND, AND PROVIDING MANAGEMENT SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William G Cioffi MD Board President | OfficerTrustee | 1 | $0 |
Louis B Rice MD Treasurer | OfficerTrustee | 1 | $0 |
Mark Sigman MD Secretary | OfficerTrustee | 1 | $0 |
Angela Caliendo MD PHD President/executive Direct | Officer | 20 | $0 |
Frank Overly Director (to 4/21) | Trustee | 1 | $0 |
Michelle Anvar Director (as Of 4/21) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Carousel Industries Professional Services | 9/29/21 | $251,092 |
Brown Medicine Inc Hr And Financial Services | 9/29/21 | $1,727,646 |
Brown Emergency Medicine Professional Services | 9/29/21 | $793,338 |
Case Construction Company Building Development | 9/29/21 | $2,352,227 |
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 | $9,336,349 |
| Investment income | $39,483 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,008,475 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $64,160 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $102,002 |
| Fees for services: Accounting | $36,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $485,570 |
| Advertising and promotion | $122,439 |
| Office expenses | $133,426 |
| Information technology | $75,859 |
| Royalties | $0 |
| Occupancy | $263,855 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,982 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $90,051 |
| Insurance | $29,567 |
| All other expenses | $2,808,020 |
| Total functional expenses | $4,222,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,108,163 |
| Savings and temporary cash investments | $5,883,948 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,016,496 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $708,005 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $275,009 |
| Net Land, buildings, and equipment | $3,452,333 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,423,662 |
| Total assets | $21,867,616 |
| Accounts payable and accrued expenses | $1,815,919 |
| 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 | $5,414,436 |
| Total liabilities | $7,230,355 |
| Net assets without donor restrictions | $8,598,731 |
| Net assets with donor restrictions | $6,038,530 |
| 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 | $21,867,616 |
Grants Awarded
Over the last fiscal year, Brown Physicians Inc has awarded $63,360 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Providence, RI PURPOSE: SPONSOR HEROES BALL | $29,200 |
Providence, RI PURPOSE: SPONSOR FOR ANNUAL GALA | $23,160 |
Providence, RI PURPOSE: GENERAL SUPPORT | $6,000 |
Providence, RI PURPOSE: GENERAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Newport Hospital Foundation Inc Newport, RI | $132,285,695 | $13,877,816 |
Tufts Health Plan Foundation Inc Canton, MA | $128,427,090 | $19,685,263 |
Valley Health Systems Inc Holyoke, MA | $11,549,744 | $5,011,526 |
Health Foundation Of Central Massachusetts Inc Worcester, MA | $98,619,002 | $8,039,753 |
Rett Syndrome Research Trust Inc Trumbull, CT | $13,582,017 | $8,124,811 |
Brown Physicians Inc Providence, RI | $21,867,616 | $10,008,475 |
Tufts Medicine Care At Home Parent Lawrence, MA | $114,575,797 | $16,042,390 |
Capital Link Inc Boston, MA | $2,622,518 | $3,653,939 |
Izumi Foundation Boston, MA | $73,391,812 | $2,773,250 |
The Masonic Charity Foundation Of Connecticut Inc Wallingford, CT | $163,170,815 | $11,602,888 |
Yale-New Haven Medical Center Inc New Haven, CT | $7,911,835 | $2,282,288 |
Alliance Health Inc Southborough, MA | $31,245,886 | $2,507,913 |