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Nonprofiteer
← THE PROVIDENCE CENTER INC

Form 990 for tax year 2022

Filed by THE PROVIDENCE CENTER INC.

Totals

Total revenue
$52,358,236
Total expenses
$50,461,358
Contributions and grants received
$2,961,788
Grants paid
$0
Program service revenue
$48,441,690
Investment income
$54,172
Other revenue
$900,586
Total assets, end of year
$30,408,072
Total liabilities, end of year
$10,107,588
Net assets or fund balances, end of year
$20,300,484
Program services expenses (Part IX)
$45,415,222
Management and general expenses
$5,046,136
Fundraising expenses
$0
Program service expenses (Part III)
$45,415,222

Program services were 90.0% 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.

  • 1c · Fundraising events

    $253,684

  • 1e · Government grants (contributions)

    $1,742,638

  • 1f · All other contributions, gifts and grants

    $965,466

  • 2a · Program service revenue: NET PATIENT SERVICE REVENUE

    total $36,930,499 · related or exempt $36,930,499

  • 2b · Program service revenue: OTHER PROGRAM RELATED REVENUE

    total $11,511,191 · related or exempt $11,511,191

  • 3 · Investment income

    total $32,383 · unrelated business $0 · excluded $32,383

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $464,260

  • 6c · Rental income or loss

    real property $464,260 · personal property $0

  • 6d · Net rental income or loss

    total $464,260 · excluded $464,260

  • 7a · Gross sales of assets other than inventory

    securities $10,404 · other assets $11,385

  • 7c · Gain or loss

    securities $10,404 · other assets $11,385

  • 7d · Net gain or loss

    total $21,789 · excluded $21,789

  • 8a · Fundraising events: gross income

    $48,960

  • 8a · Fundraising events: contributions included on line 1c

    $253,684

  • 8b · Fundraising events: direct expenses

    $48,960

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: OTHER REVENUE

    total $436,326 · excluded $436,326

  • 11e · Other revenue, total

    $436,326

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $377,489 · program services $339,740 · management and general $37,749 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $31,418,440 · program services $28,276,596 · management and general $3,141,844

  • 8 · Pension plan contributions

    total $1,112,983 · program services $1,001,685 · management and general $111,298

  • 9 · Other employee benefits

    total $3,982,272 · program services $3,584,045 · management and general $398,227

  • 10 · Payroll taxes

    total $2,508,398 · program services $2,257,558 · management and general $250,840

  • 11a · Fees: management

    total $2,899,992 · program services $2,609,993 · management and general $289,999

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $480,902 · program services $432,812 · management and general $48,090

  • 12 · Advertising and promotion

    total $500 · program services $450 · management and general $50

  • 13 · Office expenses

    total $623,152 · program services $560,837 · management and general $62,315

  • 14 · Information technology

    total $4,109 · program services $3,698 · management and general $411

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $1,651,931 · program services $1,486,738 · management and general $165,193

  • 17 · Travel

    total $292,142 · program services $262,928 · management and general $29,214

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $64,431 · program services $57,988 · management and general $6,443

  • 20 · Interest

    total $306,387 · program services $275,748 · management and general $30,639

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $1,126,703 · program services $1,014,033 · management and general $112,670

  • 23 · Insurance

    total $1,154,704 · program services $1,039,234 · management and general $115,470

  • 24a · Other expenses: PURCHASED SERVICES

    total $1,102,512 · program services $992,261 · management and general $110,251

  • 24b · Other expenses: CLIENT ACTIVITIES & FOOD

    total $743,182 · program services $668,863 · management and general $74,319

  • 24c · Other expenses: REPAIRS & MAINTENANCE

    total $306,787 · program services $276,108 · management and general $30,679

  • 24d · Other expenses: DUES & SUBSCRIPTIONS

    total $111,278 · program services $100,149 · management and general $11,129

  • 24e · All other expenses

    total $193,064 · program services $173,758 · management and general $19,306

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,880 · end of year $6,880

  • 2 · Savings and temporary cash investments

    beginning of year $9,008,793 · end of year $9,676,521

  • 3 · Pledges and grants receivable

    beginning of year $1,705,968 · end of year $2,006,275

  • 4 · Accounts receivable

    beginning of year $3,086,335 · end of year $3,298,890

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $257,250 · end of year $66,976

  • 10a · Land, buildings and equipment: cost or other basis

    $19,161,661

  • 10b · Land, buildings and equipment: accumulated depreciation

    $7,556,975

  • 10c · Land, buildings and equipment, net

    beginning of year $12,363,377 · end of year $11,604,686

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $1,881,984 · end of year $1,946,504

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $1,490,052 · end of year $1,801,340

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,259,899 · end of year $3,437,866

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $2,873,581 · end of year $3,622,883

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $769,900 · end of year $862,148

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $2,098,215 · end of year $2,184,691

  • 27 · Net assets without donor restrictions

    beginning of year $17,459,084 · end of year $16,698,229

  • 28 · Net assets with donor restrictions

    beginning of year $3,339,960 · end of year $3,602,255

Mission and programs · 2022

Mission

THE PROVIDENCE CENTER HELPS 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 PROVIDENCE CENTER HAS MADE RECOVERY POSSIBLE FOR RHODE ISLANDERS THROUGH OVER 60 PROGRAMS AND WRAPAROUND SERVICES THAT MEET EACH INDIVIDUAL'S UNIQUE NEEDS FOR LIVING HEALTHY.

Activities or mission (Part I)

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

  • 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.

    Expenses $45,415,222 · Revenue $48,441,690

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • James E Fanale MD

    TRST-PRS/CEO/CNE(TERM 12/1/22)

    Total calculated
    $2,227,535
    From this org
    $0
    From related orgs
    $2,193,741
    Other
    $33,794
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $0 + $1,158,814 related
    Bonus
    $0 + $750,000 related
    Other
    $0 + $284,927 related
    Deferred
    $0 + $14,400 related
    Nontaxable benefits
    $0 + $19,394 related
    Filer's total
    $0 + $2,227,535 related
  • F Joseph Iannoni

    TRST-EVP/CFO/CNE(TERM 1/31/23)

    Total calculated
    $1,238,749
    From this org
    $0
    From related orgs
    $1,190,400
    Other
    $48,349
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $0 + $626,669 related
    Bonus
    $0 + $462,000 related
    Other
    $0 + $101,731 related
    Deferred
    $0 + $14,400 related
    Nontaxable benefits
    $0 + $33,949 related
    Filer's total
    $0 + $1,238,749 related
  • Mary Marran

    TRUSTEE - PRESIDENT

    Total calculated
    $576,146
    From this org
    $0
    From related orgs
    $542,960
    Other
    $33,186
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $0 + $410,978 related
    Bonus
    $0 + $125,000 related
    Other
    $0 + $6,982 related
    Deferred
    $0 + $22,175 related
    Nontaxable benefits
    $0 + $11,011 related
    Filer's total
    $0 + $576,146 related
  • James K Sullivan MD PhD

    TRUSTEE-SVP/CMO(TERM 12/24/22)

    Total calculated
    $461,433
    From this org
    $0
    From related orgs
    $435,059
    Other
    $26,374
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $0 + $424,351 related
    Bonus
    $0
    Other
    $0 + $10,708 related
    Deferred
    $0 + $25,062 related
    Nontaxable benefits
    $0 + $1,312 related
    Filer's total
    $0 + $461,433 related
  • Marygene Santa Teresa MD

    PSYCHIATRIST

    Total calculated
    $284,498
    From this org
    $250,813
    From related orgs
    $0
    Other
    $33,685
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $243,662
    Bonus
    $6,400
    Other
    $751
    Deferred
    $11,025
    Nontaxable benefits
    $22,660
    Filer's total
    $284,498
  • Stephen E Burke

    VP OF FINANCE

    Total calculated
    $283,674
    From this org
    $0
    From related orgs
    $267,991
    Other
    $15,683
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $0 + $216,366 related
    Bonus
    $0 + $50,000 related
    Other
    $0 + $1,625 related
    Deferred
    $0 + $6,773 related
    Nontaxable benefits
    $0 + $8,910 related
    Filer's total
    $0 + $283,674 related
  • James E Greer MD

    CLINICAL DIR., CHILD & FAMILY

    Total calculated
    $276,974
    From this org
    $243,292
    From related orgs
    $0
    Other
    $33,682
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $234,328
    Bonus
    $6,800
    Other
    $2,164
    Deferred
    $7,490
    Nontaxable benefits
    $26,192
    Filer's total
    $276,974
  • Jamil Chaudhry MD

    PSYCHIATRIST

    Total calculated
    $241,823
    From this org
    $203,659
    From related orgs
    $0
    Other
    $38,164
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $197,427
    Bonus
    $5,200
    Other
    $1,032
    Deferred
    $9,432
    Nontaxable benefits
    $28,732
    Filer's total
    $241,823
  • Benjamin R Isaiah Jr Ms

    COO

    Total calculated
    $202,246
    From this org
    $188,551
    From related orgs
    $0
    Other
    $13,695
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $171,032
    Bonus
    $15,000
    Other
    $2,519
    Deferred
    $4,494
    Nontaxable benefits
    $9,201
    Filer's total
    $202,246
  • Tiffney Davidson-Parker

    FORMER OFFICER

    Total calculated
    $192,308
    From this org
    $192,308
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $192,308
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $192,308
  • Jillian Pastina Msnrnqmhp

    CNO/VP OF CLINICAL SERVICES

    Total calculated
    $175,243
    From this org
    $170,437
    From related orgs
    $0
    Other
    $4,806
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $170,017
    Bonus
    $0
    Other
    $420
    Deferred
    $4,423
    Nontaxable benefits
    $383
    Filer's total
    $175,243
  • Omer Cermik MD

    PSYCHIATRIST(TERMED 7/22/2022)

    Total calculated
    $172,098
    From this org
    $146,547
    From related orgs
    $0
    Other
    $25,551
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $132,455
    Bonus
    $2,400
    Other
    $11,692
    Deferred
    $10,413
    Nontaxable benefits
    $15,138
    Filer's total
    $172,098
  • Sajid M Choudhry MD

    PSYCHIATRIST

    Total calculated
    $158,487
    From this org
    $151,335
    From related orgs
    $0
    Other
    $7,152
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $145,676
    Bonus
    $4,900
    Other
    $759
    Deferred
    $0
    Nontaxable benefits
    $7,152
    Filer's total
    $158,487
  • Michael E Wagner MD

    TRST-PRS/CEO/CNE (EFF 12/1/22)

    Total calculated
    $81,655
    From this org
    $0
    From related orgs
    $79,999
    Other
    $1,656
    Hours/week
    55
  • James A Botvin

    CHAIRMAN - TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Patricia Cawley Affleck

    SECRETARY - TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jana M Planka

    TREASURER - TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Donald R Barbeau

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Frank Casale Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Marguerite Chadwick

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Walter R Craddock Esq CFP

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Sarah Decataldo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Michael Maynard

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Nicki Sahlin PhD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Laurie Moise Sears

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Joel Stark

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Todd A Conklin

    EVP/CFO/Cne

    Total calculated
    $0
    Hours/week
    55

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART VII AND SCHEDULE J
IN ACCORDANCE WITH INTERNAL REVENUE SERVICE FORM 990 RULES, REGULATIONS AND INSTRUCTIONS, THE COMPENSATION REPORTED IN CORE FORM, PART VII AND SCHEDULE J, PART II OF THIS FORM 990 IS DERIVED FROM 2022 FORMS W-2 AND FORMS 1099 (IF APPLICABLE).
SCHEDULE J, PART I; QUESTION 4A
THE FOLLOWING INDIVIDUALS INCLUDED IN SCHEDULE J, PART II RECEIVED SEVERANCE DURING CALENDAR YEAR 2022 WHICH WAS INCLUDED IN EACH INDIVIDUAL'S 2022 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES: JAMES E. FANALE, M.D., $96,539 AND TIFFNEY DAVIDSON-PARK, $192,308.
SCHEDULE J, PART I; QUESTION 4B
THE AMOUNT REFLECTED IN COLUMN B(III) FOR THE FOLLOWING INDIVIDUALS INCLUDES VESTED BENEFITS IN A INTERNAL REVENUE CODE SECTION 457(F) PLAN (NON-QUALIFIED DEFERRED COMPENSATION PLAN) AS THE AMOUNTS WERE NO LONGER SUBJECT TO A SUBSTANTIAL RISK OF COMPLETE FORFEITURE. THE AMOUNTS OUTLINED HEREIN WERE INCLUDED IN THE INDIVIDUAL'S 2022 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES: JAMES E. FANALE, M.D., $125,501 AND F. JOSEPH IANNONI, $66,000.
SCHEDULE J, PART I; QUESTION 6A & 6B
THE EXECUTIVE COMPENSATION PACKAGE FOR VARIOUS INDIVIDUALS REPORTED ON THIS FORM 990 CONSISTS OF BOTH A FIXED SALARY AND ADDITIONAL AT-RISK COMPENSATION THAT IS BASED ON SEVERAL QUALITATIVE AND QUANTITATIVE COMPONENTS. THE AT-RISK COMPENSATION IS COMPRISED OF BOTH SHORT-TERM AND LONG-TERM FACTORS AS FOLLOWS. THE SHORT-TERM INCENTIVE PROGRAM PROVIDES AN OPPORTUNITY FOR PROGRAM PARTICIPANTS TO EARN AN INCENTIVE AWARD BASED ON THE ACHIEVEMENT OF CRITICAL STRETCH GOALS THAT RECOGNIZE PERFORMANCE ABOVE EXPECTATIONS. THESE GOALS ARE MEASURED FOR EACH FISCAL PERIOD IN THE FOLLOWING CRITICAL AREAS: QUALITY, FINANCIAL AND PATIENT SATISFACTION. THE LONG-TERM INCENTIVE PROGRAM PROVIDES AN OPPORTUNITY FOR PROGRAM PARTICIPANTS TO EARN AN INCENTIVE AWARD BASED ON THE ACCOMPLISHMENT OF CRITICAL MULTI-YEAR SYSTEM PERFORMANCE OBJECTIVES. AWARDS ARE EARNED BY MEASURING SYSTEM PERFORMANCE OVER THREE-YEAR OVERLAPPING PERFORMANCE PERIODS AND ARE MEASURED IN REFERENCE TO GOALS IN THE FOLLOWING CRITICAL AREAS: NET INCOME FROM OPERATIONS, MARKET SHARE, PATIENT SATISFACTION AND STRATEGIC OBJECTIVE.
SCHEDULE J, PART I; QUESTION 7
CERTAIN INDIVIDUALS INCLUDED IN SCHEDULE J, PART II RECEIVED A BONUS DURING CALENDAR YEAR 2022 WHICH AMOUNTS WERE INCLUDED IN COLUMN B(II) HEREIN AND IN EACH INDIVIDUAL'S 2022 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES. PLEASE REFER TO THIS SECTION OF THE FORM 990, SCHEDULE J FOR THIS INFORMATION BY PERSON BY AMOUNT.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • TOLL GATE INDEMNITY LTD

    C CORP. · FINANCIAL VEHICLE · CJ

    Directly controlled by NA

  • W & I INDEMNITY LTD

    C CORP. · FINANCIAL VEHICLE · CJ

    Directly controlled by NA

  • BOULEVARD MEDICAL CONDO ASSOCIATION

    C CORP. · REAL ESTATE · RI

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2022
Filed
13 August 2024
IRS schema version
2022v5.0
Source object
202402279349303655

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