Rhode Island Hospital

Organization Overview

Rhode Island Hospital is located in Providence, RI. The organization was established in 1993. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2023, Rhode Island Hospital employed 10,564 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rhode Island Hospital 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 09/2023, Rhode Island Hospital generated $2.0b in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $2.0b during the year ending 09/2023. While expenses have increased by 5.1% per year over the past 8 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 2015, Rhode Island Hospital has awarded 54 individual grants totaling $14,194,738. 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

AS A FOUNDING HOSPITAL IN THE LIFESPAN HEALTH SYSTEM, RHODE ISLAND HOSPITAL (RIH) IS COMMITTED TO ITS MISSION: DELIVERING HEALTH WITH CARE.

Describe the Organization's Program Activity:

PATIENT CARE:RIH IS THE STATE'S LARGEST HOSPITAL, AND ITS ONLY LEVEL I TRAUMA CENTER AND VERIFIED BURN CENTER. IT PROVIDES A COMPREHENSIVE RANGE OF DIAGNOSTIC AND THERAPEUTIC HEALTH CARE SERVICES TO INPATIENTS AND OUTPATIENTS. RIH HAS PARTICULAR EXPERTISE IN CANCER, CARDIOLOGY, DIABETES, EMERGENCY MEDICINE, NEUROSCIENCES, ORTHOPEDICS, AND MORE. HASBRO CHILDREN'S HOSPITAL (HCH), RIH'S PEDIATRIC DIVISION, IS THE REGION'S PREMIER PROVIDER OF PEDIATRIC CLINICAL CARE. HCH OFFERS A BROAD SPECTRUM OF BOTH ROUTINE CARE AND SPECIALTY PROGRAMS NOT AVAILABLE ELSEWHERE AND HAS THE ONLY PEDIATRIC EMERGENCY DEPARTMENT, LEVEL I TRAUMA CENTER, PEDIATRIC CRITICAL CARE TEAMS, AND 24-HOUR AMBULANCE IN THE REGION. (CONTINUED ON SCHEDULE O)


MEDICAL EDUCATION:RIH PROVIDES THE SETTING FOR AND SUBSTANTIALLY SUPPORTS MEDICAL EDUCATION IN VARIOUS CLINICAL TRAINING AND NURSING PROGRAMS. RIH IS DESIGNATED AS THE PRINCIPAL TEACHING HOSPITAL OF THE WARREN ALPERT MEDICAL SCHOOL OF BROWN UNIVERSITY. THE TOTAL COST OF DIRECT MEDICAL EDUCATION PROVIDED BY RIH EXCEEDED THE REIMBURSEMENT RECEIVED FROM THIRD-PARTY PAYORS BY $120.9 MILLION IN FISCAL YEAR 2023. (CONTINUED ON SCHEDULE O)


RESEARCH:RIH CONDUCTS EXTENSIVE MEDICAL RESEARCH AND IS IN THE FOREFRONT OF BIOMEDICAL HEALTH CARE DELIVERY RESEARCH AND AMONG THE LEADERS NATIONALLY IN THE NATIONAL INSTITUTES OF HEALTH PROGRAMS. RIH ALSO SPONSORS A SIGNIFICANT LEVEL OF RESEARCH ACTIVITIES. FEDERAL SUPPORT ACCOUNTS FOR APPROXIMATELY 57% OF ALL EXTERNALLY FUNDED RESEARCH AT LIFESPAN. RESEARCHERS FOCUS ON BASIC RESEARCH PROJECTS AND CLINICAL TRIALS WHICH INVESTIGATE PREVENTION AND TREATMENT OF HIV/AIDS, OBESITY, CANCER, DIABETES, CARDIAC DISEASE, NEUROLOGICAL PROBLEMS, ORTHOPEDIC ADVANCEMENTS, MENTAL HEALTH CONCERNS, AND BRAIN SCIENCE. INCLUDED IN THE TOTALS ARE $2.6 MILLION OF RESEARCH GRANTS FROM FOR-PROFIT ORGANIZATIONS THAT ARE NOT REPORTED IN SCHEDULE H. (CONTINUED ON SCHEDULE O)


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Timothy J Babineau
Fmr. Trustee
$0
Ziya L Gokaslan MD
Trustee
$0
Todd A Conklin CPA
Fmr. Key Employee
$0
Saul N Weingart MD PHD
Pres. - 4/23
$0
Paul J Adler
Secretary
$0
David A Kirshner
Treas.- 11/22
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Amn Healthcare
Contract Labor
$41,524,728
Brown Medicine
Medical Services
$38,331,915
Brown Surgical Associates
Medical Services
$13,445,256
Aya Healthcare
Contract Labor
$8,817,463
Brown Emergency Medicine
Medical Services
$8,794,974
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$13,864,297
Government grants $7,564,586
All other contributions, gifts, grants, and similar amounts not included above$1,073,857
Noncash contributions included in lines 1a–1f $26,000
Total Revenue from Contributions, Gifts, Grants & Similar$22,502,740
Total Program Service Revenue$1,947,305,531
Investment income $16,133,363
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,155,100
Net Gain/Loss on Asset Sales $6,187,862
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$2,283
Miscellaneous Revenue$0
Total Revenue $1,984,938,739

Grants Awarded

Over the last fiscal year, Rhode Island Hospital has awarded $1,101,502 in support to 2 organizations.

Grant RecipientAmount

BROWN UNIVERSITY

PURPOSE: General Support

$1,092,502

RHODE ISLAND HOSPITAL FND

PURPOSE: General Support

$9,000
View Grant Profile

Peer Organizations

Organization NameAssets
Saint Francis Hospital And Medical Center
Hartford, CT
$931,352,319
Bridgeport Hospital
Bridgeport, CT
$838,048,221
Danbury Hospital
Danbury, CT
$872,375,186
South Shore Hospital Inc
South Weymouth, MA
$782,781,208
Stamford Hospital
Stamford, CT
$776,060,348
Kent County Memorial Hospital
Providence, RI
$646,011,139
Berkshire Medical Center Inc
Pittsfield, MA
$700,916,647
Hospital Of Central Connecticut At New Britain General And Bradley Me
New Britain, CT
$650,286,838
The Lowell General Hospital
Lowell, MA
$657,122,447
The Miriam Hospital
Providence, RI
$598,924,243
William W Backus Hospital
Norwich, CT
$556,028,079
Middlesex Hospital
Middletown, CT
$512,639,238
Greenwich Hospital
Greenwich, CT
$525,077,147
Midstate Medical Center
Meriden, CT
$478,470,804
Lawrence And Memorial Hospital Inc
New London, CT
$461,794,793
Northeast Hospital Corporation
Beverly, MA
$464,744,704
Norwalk Hospital Association
Norwalk, CT
$402,634,806
Mount Auburn Hospital
Cambridge, MA
$366,578,629
Beth Israel Deaconess Hospital Plymouth Inc
Plymouth, MA
$369,118,399
Southcoast Physicians Group Inc
Fairhaven, MA
$277,401,775
Emerson Hospital
Concord, MA
$351,532,242
Lawrence General Hospital
Lawrence, MA
$340,785,024
The Mercy Hospital Inc
Hartford, CT
$348,898,322
Saint Marys Hospital Inc
Hartford, CT
$325,143,316
Brockton Hospital Inc
Brockton, MA
$367,295,141

Create an account to unlock the data you need.

or