Mental Health Association Of Rhode Island
- Assets
- $465.2k
- Revenue
- $268.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Providence, RI
- Founding
- 07/1958
- Data as of
- 06/2022
- EIN
- 05-0280788
Organization Overview
Mental Health Association Of Rhode Island is located in Providence, RI. The organization was established in 1958. According to its NTEE Classification (F80) the organization is classified as: Mental Health Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Mental Health Association Of Rhode Island employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mental Health Association Of Rhode Island 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 06/2022, Mental Health Association Of Rhode Island generated $268.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $208.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE HEALTH, PREVENT MENTAL ILLNESS, AND IMPROVE MENTAL HEALTH THROUGH ADVOCACY, EDUCATION AND RESEARCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MENTAL HEALTH ASSOCIATION OF RHODE ISLAND'S "RI MENTAL HEALTH PARITY INITIATIVE" HAS CONVENED A DIVERSE GROUP OF STATE AND COMMUNITY STAKEHOLDERS. THE INITIATIVE'S AIM IS TO HOLD HEALTH INSURERS ACCOUNTABLE FOR PROVIDING COVERAGE FOR BEHAVORIAL HEALTH SERVICES EQUAL TO COVERAGE FOR MEDICAL SERVICES. THE STAKEHOLDER GROUP MET SEVERAL TIMES OVER THE COURSE OF LAST YEAR TO IDENTIFY AND PRIORITIZE THE MOST URGENT OR PREVALENT BARRIERS TO ACCESSING BEHAVORIAL TREATMENT THROUGH INSURANCE. THE AGENCY CONTINUES TO WORK WITH THE OFFICE OF THE HEALTH INSURANCE COMMISSIONER ON REGULATORY CHANGES AND THE AGENCY SITS ON THE ADVISORY COUNCIL TO THE COMMISSIONER. THE AGENCY CONDUCTED BEHAVORIAL HEALTHPROVIDER SURVEYS TO ASSESS THE SIZE AND DIVERSITY OF RI'S PROVIDER POOL. THE AGENCY LAUNCHED A NEW PROGRAM: BRIDGING THE DIVIDE: DIVERSITY, EQUITY AND INCLUSION IN MENTAL HEALTH. THE AGENCY CREATED A DIVERSIFIED EQUITY & INCLUSION ADVISORY COUNCIL WITH DIVERSE STAKEHOLDERS FROM THE COMMUNITY AND STATE. MHARI PROVIDES GENERAL ADVOCACY AND EDUCATION ACTIVITIES IN THE AREAS OF BEHAVORIAL HEALTH, PARITY, ACCESS TO SERVICES, AND OTHER GENERAL ACTIVITIES AND TASKS WHICH SUPPORT MHARI'S VARIOUS PROJECTS AND INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
H Reed Cosper President | OfficerTrustee | 2 | $0 |
Sandra Victorino Lmhc Vice President | OfficerTrustee | 2 | $0 |
Robert Siminski Treasurer | OfficerTrustee | 1 | $0 |
Genevieve Martin ESQ Director | Trustee | 1 | $0 |
Terrence Charles Director | Trustee | 1 | $0 |
Maureen Apperson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $223,254 |
| All other contributions, gifts, grants, and similar amounts not included above | $40,499 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $263,753 |
| Total Program Service Revenue | $0 |
| Investment income | $5,101 |
| 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 | $268,854 |
| 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. | $73,282 |
| Compensation of current officers, directors, key employees. | $8,794 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,152 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,030 |
| Payroll taxes | $8,209 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,584 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $228 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,272 |
| All other expenses | $7,607 |
| Total functional expenses | $208,301 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $178,229 |
| Savings and temporary cash investments | $270,387 |
| Pledges and grants receivable | $16,181 |
| 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 | $389 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $465,186 |
| Accounts payable and accrued expenses | $6,808 |
| 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 | $0 |
| Total liabilities | $6,808 |
| Net assets without donor restrictions | $281,978 |
| Net assets with donor restrictions | $176,400 |
| 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 | $465,186 |