Form 990 for tax year 2024
Filed by NEIGHBORHOOD HEALTH PLAN OF RHODE ISLAND.
Totals
- Total revenue
- $1,944,801,410
- Total expenses
- $1,942,723,268
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $1,935,848,322
- Investment income
- $8,953,088
- Other revenue
- $0
- Total assets, end of year
- $471,348,536
- Total liabilities, end of year
- $342,136,840
- Net assets or fund balances, end of year
- $129,211,696
- Program services expenses (Part IX)
- $1,831,032,659
- Management and general expenses
- $111,690,609
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,831,032,659
Program services were 94.3% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$0
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: PREMIUM EARNED
total $1,931,882,058 · related or exempt $1,931,882,058 · unrelated business $0 · excluded $0
-
2b · Program service revenue: EOHHS INCENTIVES
total $1,992,587 · related or exempt $1,992,587 · unrelated business $0 · excluded $0
-
2c · Program service revenue: PPC ADMINISTRATION
total $1,973,677 · related or exempt $0 · unrelated business $1,973,677 · excluded $0
-
2d · Program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
2e · Program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $9,512,004 · related or exempt $0 · unrelated business $0 · excluded $9,512,004
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
7a · Gross sales of assets other than inventory
securities $479,872,231
-
7b · Less cost or other basis and sales expenses
securities $480,431,147
-
7c · Gain or loss
securities -$558,916 · other assets $0
-
7d · Net gain or loss
total -$558,916 · related or exempt $0 · unrelated business $0 · excluded -$558,916
-
8c · Net income from fundraising events
total $0 · unrelated business $0 · excluded $0
-
9c · Net income from gaming
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
10c · Net income from sales of inventory
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0 · program services $0
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $1,785,992,679 · program services $1,785,992,679
-
5 · Compensation of officers, directors and key employees
total $1,409,936 · program services $0 · management and general $1,409,936 · fundraising $0
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $35,565,265 · program services $13,329,933 · management and general $22,235,332 · fundraising $0
-
8 · Pension plan contributions
total $2,224,915 · program services $833,903 · management and general $1,391,012 · fundraising $0
-
9 · Other employee benefits
total $11,144,147 · program services $4,176,849 · management and general $6,967,298 · fundraising $0
-
10 · Payroll taxes
total $3,275,057 · program services $1,227,498 · management and general $2,047,559 · fundraising $0
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $513,431 · program services $192,435 · management and general $320,996 · fundraising $0
-
11c · Fees: accounting
total $1,397,220 · program services $523,681 · management and general $873,539 · fundraising $0
-
11d · Fees: lobbying
total $90,000 · program services $0 · management and general $90,000 · fundraising $0
-
11e · Fees: professional fundraising services
total $0 · fundraising $0
-
11f · Fees: investment management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11g · Fees: other
total $33,912,920 · program services $12,710,549 · management and general $21,202,371 · fundraising $0
-
12 · Advertising and promotion
total $2,311,305 · program services $866,282 · management and general $1,445,023 · fundraising $0
-
13 · Office expenses
total $2,707,599 · program services $1,014,814 · management and general $1,692,785 · fundraising $0
-
14 · Information technology
total $10,645,726 · program services $3,990,040 · management and general $6,655,686 · fundraising $0
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $2,562,747 · program services $960,523 · management and general $1,602,224 · fundraising $0
-
17 · Travel
total $189,876 · program services $71,166 · management and general $118,710 · fundraising $0
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $0 · program services $0 · management and general $0 · fundraising $0
-
20 · Interest
total $0 · program services $0 · management and general $0 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $3,326,663 · program services $1,246,840 · management and general $2,079,823 · fundraising $0
-
23 · Insurance
total $1,161,243 · program services $435,236 · management and general $726,007 · fundraising $0
-
24a · Other expenses: PREMIUM TAX
total $35,060,382 · program services $0 · management and general $35,060,382
-
24b · Other expenses: STATE & LOCAL TAXES PAID
total $8,164,054 · program services $3,059,904 · management and general $5,104,150
-
24c · Other expenses: TEMPORARY HELP
total $873,907 · program services $327,542 · management and general $546,365
-
24d · Other expenses: OTHER EXPENSE - TRAINING
total $194,196 · program services $72,785 · management and general $121,411
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
-
26 · Joint costs (an allocation of the lines above)
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $183,674,493 · end of year $153,116,385
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $60,547,974 · end of year $67,771,724
-
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 $0 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$4,690,952
-
10b · Land, buildings and equipment: accumulated depreciation
$3,978,730
-
10c · Land, buildings and equipment, net
beginning of year $811,261 · end of year $712,222
-
11 · Investments: publicly traded securities
beginning of year $161,086,191 · end of year $154,411,003
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $172,638,556 · end of year $95,337,202
-
17 · Accounts payable and accrued expenses
beginning of year $145,574,523 · end of year $91,501,351
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
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 $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $301,170,848 · end of year $250,635,489
-
27 · Net assets without donor restrictions
beginning of year $132,013,104 · end of year $129,211,696
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2024
Mission
Neighborhood Health Plan of Rhode Island, an innovative health plan in partnership with the Community Health Centers, secures access to high quality, cost-effective health care for Rhode Island's at-risk populations.
-
NEIGHBORHOOD HEALTH PLAN OF RHODE ISLAND IS A NON-PROFIT HEALTH MAINTENANCE ORGANIZATION ("HMO") THAT PROVIDES HIGH-QUALITY, LOW-COST HEALTH CARE SERVICES ON A PREPAID BASIS PRINCIPALLY TO MEDICAID RECIPIENTS AND CERTAIN OTHER ELIGIBLE PERSONS UNDER STATE OF RHODE ISLAND MANAGED CARE PROGRAM, RITECARE. THE ORGANIZATION ALSO EXTENDS ITS SERVICE, BENEFITS AND VALUE TO INDIVIDUALS AND BUSINESSES THROUGH HEALTHSOURCE RI, THE STATE'S HEALTH INSURANCE EXCHANGE. AS OF DECEMBER 31, 2024, THE ORGANIZATION IS RESPONSIBLE FOR PROVIDING HEALTH CARE SERVICES TO OVER 218,540 MEMBERS.
Expenses $1,831,032,659 · Revenue $1,935,848,322
As filed on the 2024 return.
Listed in Part VII
-
Alison CrokeALISON CROKE
VICE CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Brenda DowlatshahiBRENDA DOWLATSHAHI
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Keith OliveiraKEITH OLIVEIRA
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Merrill ThomasMERRILL THOMAS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Peter MarinoPETER MARINO
PRESIDENT & CEO
- Total calculated
- $760,232
- From this org
- $710,375
- From related orgs
- $0
- Other
- $49,857
- Hours/week
- 38
Schedule J breakdown matched by us
- Base
- $562,442
- Bonus
- $143,860
- Other
- $4,073
- Deferred
- $13,800
- Nontaxable benefits
- $36,057
- Filer's total
- $760,232
-
Christina PachecoCHRISTINA PACHECO
TRUSTEE (AS OF 6/4/2024)
- Total calculated
- $0
- Hours/week
- 1
-
Chuck JonesCHUCK JONES
TRUSTEE (AS OF 12/2/2024)
- Total calculated
- $0
- Hours/week
- 1
-
Daniel Da PonteDANIEL DA PONTE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dioscaris Garcia PhDDIOSCARIS GARCIA PHD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Elena NicolellaELENA NICOLELLA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gary FurtadoGARY FURTADO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jeanne LachanceJEANNE LACHANCE
TRUSTEE (TERM ENDED 9/3/2024)
- Total calculated
- $0
- Hours/week
- 1
-
Lisa RanglinLISA RANGLIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Pablo Rodriquez MDPABLO RODRIQUEZ MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Peter Bancroft CPAPETER BANCROFT CPA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rilwan FeyistanRILWAN FEYISTAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
William Hochstrasser-WalshWILLIAM HOCHSTRASSER-WALSH
TRUSTEE (TERM ENDED 12/3/2024)
- Total calculated
- $0
- Hours/week
- 1
-
Yahaira PlacenciaYAHAIRA PLACENCIA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Karen CarlsonKAREN CARLSON
CHIEF OPERATING OFFICER
- Total calculated
- $459,938
- From this org
- $419,870
- From related orgs
- $0
- Other
- $40,068
- Hours/week
- 38
Schedule J breakdown matched by us
- Base
- $340,631
- Bonus
- $75,375
- Other
- $3,864
- Deferred
- $13,800
- Nontaxable benefits
- $26,268
- Filer's total
- $459,938
-
Kristen RussellKRISTEN RUSSELL
CHIEF MEDICAL OFFICER
- Total calculated
- $599,775
- From this org
- $550,554
- From related orgs
- $0
- Other
- $49,221
- Hours/week
- 38
Schedule J breakdown matched by us
- Base
- $447,500
- Bonus
- $100,838
- Other
- $2,216
- Deferred
- $13,164
- Nontaxable benefits
- $36,057
- Filer's total
- $599,775
-
Michelle SearsMICHELLE SEARS
CHIEF FINANCIAL OFFICER-SVP
- Total calculated
- $451,430
- From this org
- $428,704
- From related orgs
- $0
- Other
- $22,726
- Hours/week
- 38
Schedule J breakdown matched by us
- Base
- $349,917
- Bonus
- $76,500
- Other
- $2,287
- Deferred
- $13,800
- Nontaxable benefits
- $8,926
- Filer's total
- $451,430
-
David BurnettDAVID BURNETT
CHIEF GROWTH OFFICER
- Total calculated
- $507,777
- From this org
- $461,682
- From related orgs
- $0
- Other
- $46,095
- Hours/week
- 38
Schedule J breakdown matched by us
- Base
- $352,387
- Bonus
- $107,625
- Other
- $1,670
- Deferred
- $13,238
- Nontaxable benefits
- $32,857
- Filer's total
- $507,777
-
Mark CooperMARK COOPER
VICE PRESIDENT OF MEDICARE/MEDICAID INTEGRATION
- Total calculated
- $383,904
- From this org
- $351,088
- From related orgs
- $0
- Other
- $32,816
- Hours/week
- 38
Schedule J breakdown matched by us
- Base
- $274,721
- Bonus
- $74,500
- Other
- $1,867
- Deferred
- $10,846
- Nontaxable benefits
- $21,970
- Filer's total
- $383,904
-
Melissa HusbandMELISSA HUSBAND
CHIEF OF STAFF
- Total calculated
- $453,766
- From this org
- $407,109
- From related orgs
- $0
- Other
- $46,657
- Hours/week
- 38
Schedule J breakdown matched by us
- Base
- $332,386
- Bonus
- $73,125
- Other
- $1,598
- Deferred
- $13,800
- Nontaxable benefits
- $32,857
- Filer's total
- $453,766
-
Talia A MarkTALIA A MARK
CHIEF DIVERSITY OFFICER
- Total calculated
- $458,781
- From this org
- $409,282
- From related orgs
- $0
- Other
- $49,499
- Hours/week
- 38
Schedule J breakdown matched by us
- Base
- $324,938
- Bonus
- $83,125
- Other
- $1,219
- Deferred
- $8,642
- Nontaxable benefits
- $40,857
- Filer's total
- $458,781
-
Vent R JacksonVENT R JACKSON
VICE PRESIDENT OF CLINICAL OPERATIONS
- Total calculated
- $384,197
- From this org
- $354,773
- From related orgs
- $0
- Other
- $29,424
- Hours/week
- 38
Schedule J breakdown matched by us
- Base
- $281,932
- Bonus
- $35,000
- Other
- $37,841
- Deferred
- $7,454
- Nontaxable benefits
- $21,970
- Filer's total
- $384,197
-
Cristopher OttianoCRISTOPHER OTTIANO
FORMER OFFICER
- Total calculated
- $393,394
- From this org
- $330,990
- From related orgs
- $0
- Other
- $62,404
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $277,275
- Bonus
- $50,400
- Other
- $3,315
- Deferred
- $27,047
- Nontaxable benefits
- $35,357
- Filer's total
- $393,394
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 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Schedule J, Part I, Line 7 Non-fixed payments
- PURPOSE: NEIGHBORHOOD HEALTH PLAN OF RHODE ISLAND'S (NHPRI) PERFORMANCE INCENTIVE PLAN (THE PLAN) HAS BEEN IMPLEMENTED TO OFFER A PERFORMANCE-BASED INCENTIVE AWARD OPPORTUNITY TO ELIGIBLE NHPRI EMPLOYEES BASED ON ACHIEVEMENT OF THE ORGANIZATION'S ANNUAL BUSINESS OBJECTIVES AS WELL AS THEIR OWN JOB PERFORMANCE. THE PLAN ALLOWS A PORTION OF NHPRI'S ANNUAL COMPENSATION COSTS TO BE VARIABLE IN RELATION TO THE ORGANIZATION'S PERFORMANCE. AMOUNTS PAID IN 2024 UNDER THE PLAN ARE INCLUDED IN PART II COLUMN (B) (II). OTHER OBJECTIVES THE PLAN IS EXPECTED TO PROMOTE INCLUDE THE FOLLOWING: A) FOCUS THE ATTENTION, EFFORT, AND TEAMWORK OF PLAN PARTICIPANTS ON THE ACCOMPLISHMENT OF NHPRI'S KEY BUSINESS OBJECTIVES; B) ENABLE NHPRI TO OFFER A COMPENSATION PROGRAM WITH METHODS AND LEVELS OF PAY THAT ARE COMPETITIVE WITH OTHER ORGANIZATIONS SEEKING COMPARABLE EMPLOYEE RESOURCES; C) REINFORCE NHPRI'S COMMITMENT TO A PERFORMANCE-BASED CULTURE FOR ITS EMPLOYEES AT ALL LEVELS OF THE ORGANIZATION; D) ASSIST NHPRI'S EFFORTS TO RETAIN ITS VALUED EMPLOYEES.
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.1
- Source object
- 202533219349311018
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