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Bethany Home Of Ri Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050258941 ✦ Providence, RI ✦ Designated as a 501(c)(3)

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Overview

What is Bethany Home Of Ri Inc?

Bethany Home of RI Inc., situated in Providence, Rhode Island, is a distinguished nonprofit organization providing skilled nursing services. With a capacity to care for 33 residents, the facility offers top-notch care within a cozy, home-like setting. Certified by Medicare and Medicaid, it offers comprehensive services, including rehabilitative care and long-term care. The organization prioritizes resident, family, and staff satisfaction, exceeding expectations in the delivery of its services. During 2022, Bethany Home of RI Inc. offered 10,190 bed days, with a significant portion dedicated to Medicaid and Medicare patients. The nonprofit's mission is to provide superior skilled nursing care in a warm and comfortable environment.


Official website here: www.bethanyhomeofri.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.

Bethany Home Of Ri Inc has achieved an 81% score on Charity Navigator, which is indicative of a solid performance in accountability and finance. The organization operates with a fully independent board, comprising 87% independent members, demonstrating strong governance and oversight. With no reported material diversion of assets and a low liabilities to assets ratio, the organization exhibits fiscal responsibility.

The program expense ratio is notably high at 85.99%, suggesting that the majority of funds are directed toward its programs rather than administrative costs. This focus on programmatic spending aligns with best practices in nonprofit management. Additionally, the presence of comprehensive policies regarding conflict of interest, whistleblower protections, and document retention further emphasizes the organization's commitment to transparency and ethical operations.

While the overall rating is positive, ongoing engagement and support from the community will be essential for Bethany Home Of Ri Inc to continue its mission effectively. As it works to maintain and possibly enhance its fiscal practices, stakeholders are encouraged to monitor its progress and impact.


This AI summary has been generated from information found on Charity Navigator.

Is Bethany Home Of Ri Inc legitimate?

Bethany Home Of Ri Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethany Home Of Ri Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $139,535
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,985,134

For more financial information, click here


Official website here: www.bethanyhomeofri.org

What is the mission statement of Bethany Home Of Ri Inc?

Bethany Home of RI, a non-profit organization, is committed to providing superior skilled nursing care in a comforting homelike environment. Their mission goes beyond providing rehabilitative services, skilled nursing, and long-term care. They strive to exceed expectations by focusing on the satisfaction of residents, their families, and the staff. This is achieved by offering continuous quality services, ensuring a progressive approach to rehabilitation, and maintaining a community environment. The organization's dedication to this mission results in top-notch skilled nursing services within an intimate, home-like setting. It is licensed to care for 33 residents and is Medicare and Medicaid certified.


Official website here: www.bethanyhomeofri.org

Who is the CEO of Bethany Home Of Ri Inc?

Stephanie Igoe is the Administrator of Bethany Home Of Ri Inc.


Official website here: www.bethanyhomeofri.org

What is the revenue of Bethany Home Of Ri Inc?

Bethany Home Of Ri Inc's revenue in 2022 was $5,397,108.


Official website here: www.bethanyhomeofri.org

Who are the executives of Bethany Home Of Ri Inc and what are their salaries?

The average compensation at Bethany Home Of Ri Inc during 2022 was $35,508. There are 88 employees and 7 volunteers at Bethany Home Of Ri Inc.


Here are 15 key members and their salaries:


Stephanie Igoe (Administrator)
  • Compensation: $130,428
  • Related: $14,492
  • Other: $10,119
Sr Jane Mcgarrahan (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helaine Schupack (Co-Chairman Left Jun2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Cornwell (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Chaffe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Lawson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Ilaqua (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Schupack (Board Member A/O Jun2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jud Saviskas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald David Blough (Board Member Until 4/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Basile (Board Member Until 5/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irina Krichevskiy Rn (Mds/Qi Coordinator)
  • Compensation: $145,169
  • Related: $0
  • Other: $10,387
Michael Desveaux (Director Of Nursing)
  • Compensation: $114,108
  • Related: $0
  • Other: $9,550
David Bragga (Rehab Manager)
  • Compensation: $106,145
  • Related: $0
  • Other: $9,095
Grace Nelson (Registered Nurse)
  • Compensation: $102,089
  • Related: $0
  • Other: $9,360


Official website here: www.bethanyhomeofri.org

Where can I find the form 990 for Bethany Home Of Ri Inc?

Bethany Home Of Ri Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bethanyhomeofri.org

Learn more at the official website: www.bethanyhomeofri.org

Mission Statement of Bethany Home Of Ri Inc

Bethany Home of RI, a non-profit organization, is dedicated to providing exceptional skilled nursing care in a comfortable, homelike environment. This mission goes beyond the traditional scope of nursing services, as the home exceeds expectations by focusing on the satisfaction of its residents, their families, and its staff. Bethany Home of RI offers continuous, progressive rehabilitative services, in addition to skilled nursing and long-term care, all within a community setting. The organization's approach to care ensures that it not only meets but surpasses the expectations of those it serves.

Licensed to care for 33 residents, Bethany Home provides top-notch skilled nursing services within an intimate and homelike setting. The facility, which is Medicare and Medicaid certified, offers a high standard of care to its residents. During 2022, the home provided a total of 10,190 bed days, with 3,172 Medicaid and 3,033 Medicare bed days included in that number. This demonstrates the commitment of Bethany Home of RI to catering to a diverse range of needs and ensuring accessibility to its services.

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Impact




July, 2024

Bethany Home Of Ri Inc's impact lies in providing superior skilled nursing care in a comfortable, homelike environment. This organization, licensed to care for 33 residents, offers top-notch skilled nursing services within an intimate setting. Bethany Home is Medicare and Medicaid certified, and during 2022, it provided 10,190 bed days, including Medicaid and Medicare bed days. The mission of Bethany Home is to provide continuous quality progressive rehabilitative services, skilled nursing, and long-term care in a community environment, exceeding expectations by focusing on resident, family, and staff satisfaction. Its impact can be categorized under the tag "Health."




This information is meant to be a general summary of Bethany Home Of Ri Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$5,397,108 (2022)
Expenses
$5,345,288 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $13,274
  • Program Service Revenue: $4,468,201
  • Gross Receipts: $5,397,140

Assets and Liabilities:

  • Total Assets: $10,362,311
  • Total Liabilities: $248,535
  • Net Assets: $10,113,776

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEDICAID AND MEDICARE

Revenue

$2,535,389

PROGRAM SERVICE REVENU

Revenue

$1,746,611

ANCILLARY SERVICES

Revenue

$186,201

Organization Details

Founding Year

1892

Principal Officer

Stephanie Igoe

Main Address

111 SOUTH ANGELL STREET, PROVIDENCE, RI, 02906

NTEE Category

Code: E910 - Health

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