The Providence Center Inc

Organization Overview

The Providence Center Inc is located in Providence, RI. The organization was established in 1972. According to its NTEE Classification (F32) the organization is classified as: Community Mental Health Centers, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 09/2023, Providence Center Inc employed 606 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Providence Center 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 09/2023, Providence Center Inc generated $52.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $50.5m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE PERSON CENTERED, RECOVERY FOCUSED TREATMENT AND SUPPORTIVE SERVICES AND AS A MEMBER OF CARE NEW ENGLAND HEALTH SYSTEM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENSES INCURRED IN HELPING ADULTS, ADOLESCENTS AND CHILDREN AFFECTED BY PSYCHIATRIC ILLNESSES, EMOTIONAL PROBLEMS AND ADDICTIONS BY PROVIDING TREATMENT AND SUPPORTIVE SERVICES WITHIN A COMMUNITY SETTING. SINCE 1969, THE ORGANIZATION HAS MADE RECOVERY POSSIBLE FOR RHODE ISLANDERS THROUGH OVER 60 PROGRAMS AND WRAPAROUND SERVICES THAT MEET EACH INDIVIDUALS UNIQUE NEEDS FOR LIVING HEALTHY. PLEASE REFER TO SCHEDULE O FOR THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT.


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Board, Officers & Key Employees

Name (title)Compensation
James E Fanale MD
Trst-Prs/ceo/cne(term 12/1/22)
$0
F Joseph Iannoni
Trst-Evp/cfo/cne(term 1/31/23)
$0
Mary Marran
Trustee - President
$0
James K Sullivan MD PHD
Trustee-Svp/cmo(term 12/24/22)
$0
Marygene Santa Teresa MD
Psychiatrist
$250,813
Stephen E Burke
VP Of Finance
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Care New England Health System
Management
$1,853,033
Performance Environmental Services
Cleaning/maintenance
$155,585
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$253,684
Related organizations$0
Government grants $1,742,638
All other contributions, gifts, grants, and similar amounts not included above$965,466
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,961,788
Total Program Service Revenue$48,441,690
Investment income $32,383
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $464,260
Net Gain/Loss on Asset Sales $21,789
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $52,358,236

Peer Organizations

Organization NameAssets
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New Bedford, MA
$83,960,031
Gandara Mental Health Center Inc
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$66,014,536
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Taunton, MA
$62,104,019
The Providence Center Inc
Providence, RI
$52,358,236
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$41,168,004
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$27,846,015
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Thrive Behavioral Health Inc
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$23,053,495
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$2,833,147
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$1,257,192
Institute For Spiritual Life And Psychotherapy
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$759,028
Christian Counseling Center Of Greater Danbury
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$365,165
Womens Mental Health Collective Inc
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$384,457
Community Caring Clinic Inc
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$277,120
Mental Health Center Housing Inc
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$343,903
Counseling Center In The Berkshires Inc
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$0

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