Totals
- Total revenue
- $137,047,780
- Total expenses
- $138,599,430
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $133,753,882
- Investment income
- $3,293,898
- Other revenue
- $0
- Total assets, end of year
- $48,308,041
- Total liabilities, end of year
- $13,843,109
- Net assets or fund balances, end of year
- $34,464,932
- Program services expenses (Part IX)
- $138,301,523
- Management and general expenses
- $297,907
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $138,301,523
Program services were 99.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: HEALTH INSURANCE PREMIUMS
total $113,187,366 · unrelated business $0 · excluded $0
-
2b · Program service revenue: DENTAL INSURANCE PREMIUMS
total $5,821,533 · unrelated business $0 · excluded $0
-
2c · Program service revenue: PRESCRIPTION REBATE INCOME
total $10,971,065 · unrelated business $0 · excluded $0
-
2d · Program service revenue: CLAIMS RECOVERY
total $1,253,222 · unrelated business $0 · excluded $0
-
2e · Program service revenue: ADMINISTRATIVE FEES TO MEMBERSHIPS
total $149,022 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $2,371,674 · unrelated business $0 · excluded $0
-
3 · Investment income
total $1,465,233 · unrelated business $0 · excluded $0
-
7a · Gross sales of assets other than inventory
securities $1,828,665
-
7c · Gain or loss
securities $1,828,665
-
7d · Net gain or loss
total $1,828,665 · related or exempt $1,828,665 · unrelated business $0 · excluded $0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $140,000 · program services $63,000 · management and general $77,000 · fundraising $0
-
9 · Other employee benefits
total $9,764 · program services $0 · management and general $9,764 · fundraising $0
-
10 · Payroll taxes
total $10,364 · program services $0 · management and general $10,364 · fundraising $0
-
11b · Fees: legal
total $8,049 · program services $0 · management and general $8,049 · fundraising $0
-
11c · Fees: accounting
total $125,729 · program services $0 · management and general $125,729 · fundraising $0
-
11g · Fees: other
total $251,778 · program services $251,778 · management and general $0 · fundraising $0
-
13 · Office expenses
total $3,191 · program services $0 · management and general $3,191 · fundraising $0
-
16 · Occupancy
total $18,000 · program services $0 · management and general $18,000 · fundraising $0
-
23 · Insurance
total $2,303,146 · program services $2,257,336 · management and general $45,810 · fundraising $0
-
24a · Other expenses: MEDICAL INSURANCE CLAIMS
total $126,521,947 · program services $126,521,947 · management and general $0 · fundraising $0
-
24b · Other expenses: DENTAL INSURANCE CLAIMS
total $5,087,146 · program services $5,087,146 · management and general $0 · fundraising $0
-
24c · Other expenses: MEDICAL CLAIMS ADMINISTRATIVE FEES
total $2,759,670 · program services $2,759,670 · management and general $0 · fundraising $0
-
24d · Other expenses: MEDICAL PREMIUMS
total $836,691 · program services $836,691 · management and general $0 · fundraising $0
-
24e · All other expenses
total $523,955 · program services $523,955 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
end of year $1,464,728
-
4 · Accounts receivable
end of year $11,037,123
-
9 · Prepaid expenses and deferred charges
end of year $20,955
-
11 · Investments: publicly traded securities
end of year $33,865,516
-
15 · Other assets
end of year $1,919,719
-
17 · Accounts payable and accrued expenses
end of year $8,915,006
-
19 · Deferred revenue
end of year $0
-
25 · Other liabilities
end of year $4,928,103
-
27 · Net assets without donor restrictions
end of year $34,464,932
Mission and programs · 2024
Mission
TO MANAGE AND OPERATE CERTAIN HEALTH BENEFIT PROJECTS ENTERED INTO BY AND AMONG THE CORPORATION AND CERTAIN PARTICIPATING MUNICIPALITIES AND SCHOOL DISTRICTS IN THE STATE OF RHODE ISLAND.
-
OPERATE AND MANAGE THE HEALTH AND DENTAL BENEFITS PROVIDED BY PARTICIPATING MEMBER MUNICIPALITIES AND SCHOOL DISTRICTS. THE CORPORATION MANAGES THE BENEFITS PROGRAM TO ENABLE THE PARTICIPATING MEMBERS TO REALIZE THE MAXIMUM SAVINGS ON HEALTH AND DENTAL COSTS. DURING FISCAL 2021 THE CORPORATION MANAGED HEALTH AND DENTAL BENEFITS FOR 18 MEMBERS CONSISTING OF LOCAL MUNICIPALITIES AND SCHOOL DISTRICTS.
Expenses $138,301,523 · Revenue $137,047,780
As filed on the 2024 return.
Listed in Part VII
-
Stephanie O'LearySTEPHANIE O'LEARY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Gregory ZenionGREGORY ZENION
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kelli RussKELLI RUSS
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Karen HaganKAREN HAGAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Sarah MangiarelliSARAH MANGIARELLI
EXECUTIVE DIRECTOR
- Total calculated
- $140,000
- From this org
- $0
- From related orgs
- $140,000
- Other
- $0
- Hours/week
- 40
-
Maryanne CrawfordMARYANNE CRAWFORD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sara HassellSARA HASSELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joseph BalducciJOSEPH BALDUCCI
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Melinda BrouillardMELINDA BROUILLARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Patricia RuizzoPATRICIA RUIZZO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alyssa NappaALYSSA NAPPA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Craig EnosCRAIG ENOS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tim McGrathTIM MCGRATH
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Theodore PryzbalaTHEODORE PRYZBALA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Cindy KirchoffCINDY KIRCHOFF
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 May 2026
- IRS schema version
- 2024v5.2
- Source object
- 202601359349315445
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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