Reliance Health Inc
- Assets
- $4.5m
- Revenue
- $14.0m
- Investments
- $0.0
- Employees
- 319
- Location
- Norwich, CT
- Founding
- 11/1981
- Data as of
- 06/2022
- EIN
- 06-1011343
Organization Overview
Reliance Health Inc is located in Norwich, CT. The organization was established in 1981. As of 06/2022, Reliance Health Inc employed 319 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reliance Health 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 06/2022, Reliance Health Inc generated $14.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $14.2m during the year ending 06/2022. While expenses have increased by 0.8% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RELIANCE HEALTH WORKS WITH ADULTS THAT SUFFER FROM MENTAL ILLNESS BY SUPPORTING THEM THROUGH THEIR RECOVERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE RESIDENTIAL, VOCATIONAL, EDUCATION AND CASE MANAGEMENT FOR APPROXIMATELY 1,439 INDIVIDUALS IN NEW LONDON COUNTY WITH A MENTAL ILLNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Allard Vice President | OfficerTrustee | 0.8 | $0 |
Wilfred Blanchette Board Member | Trustee | 0.8 | $0 |
Sam Bliven Secretary | OfficerTrustee | 0.8 | $0 |
Roy Bourque Board Member | Trustee | 0.8 | $0 |
Angelo Callis Board Member | Trustee | 0.8 | $0 |
Bill Hopkins Board Member | Trustee | 0.8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,973,308 |
| All other contributions, gifts, grants, and similar amounts not included above | $245,960 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,219,268 |
| Total Program Service Revenue | $716,789 |
| Investment income | $16,317 |
| 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 | $13,978,138 |
| 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. | $299,639 |
| Compensation of current officers, directors, key employees. | $47,509 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,452,792 |
| Pension plan accruals and contributions | $104,178 |
| Other employee benefits | $796,858 |
| Payroll taxes | $742,780 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,064 |
| Fees for services: Accounting | $54,004 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $222,343 |
| Advertising and promotion | $0 |
| Office expenses | $246,700 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $503,814 |
| Travel | $230,511 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $68,070 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $145,470 |
| Insurance | $135,446 |
| All other expenses | $183,168 |
| Total functional expenses | $14,203,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $987,446 |
| Savings and temporary cash investments | $360,251 |
| Pledges and grants receivable | $110,039 |
| Accounts receivable, net | $27,407 |
| 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 | $120,198 |
| Net Land, buildings, and equipment | $1,437,327 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,439,493 |
| Total assets | $4,482,161 |
| Accounts payable and accrued expenses | $2,501,934 |
| Grants payable | $0 |
| Deferred revenue | $157,146 |
| 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 | $1,558,642 |
| Total liabilities | $4,217,722 |
| Net assets without donor restrictions | $117,086 |
| Net assets with donor restrictions | $147,353 |
| 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 | $4,482,161 |