Overview
What is Rih Orthopaedic Foundation Inc?
Rih Orthopaedic Foundation Inc, located in Providence, Rhode Island, is a nonprofit organization dedicated to medical research, teaching, and administrative services. Their primary mission involves conducting medical research to provide educational opportunities for medical students at the Warren Alpert Medical School of Brown University and post-graduate trainees. Additionally, they offer administrative support to various medical and surgical departments, with a significant focus on Rhode Island Hospital. The foundation's activities aim to advance medical knowledge and enhance the quality of healthcare provided in hospitals.
Official website here: www.rihof.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Stars)
The Rih Orthopaedic Foundation Inc has received a 69% score from Charity Navigator, indicating a Two-Star rating. This rating is primarily derived from the Accountability & Finance beacon, reflecting the organization’s financial health and operational transparency. While the foundation scored well in areas such as financial statement audits and program expense ratios, certain governance policies were noted as missing, which affected its overall rating.
Strengths of the organization include a strong program expense ratio of 94.78%, suggesting that a significant portion of its funds is directed towards its charitable activities rather than administrative costs. Additionally, the foundation demonstrated solid financial statements and a favorable liabilities to assets ratio of 30.94%, indicating a manageable level of debt compared to its assets.
However, the lack of crucial governance policies, including a conflict of interest policy and a whistleblower policy, raises concerns about the foundation’s oversight and accountability practices. The absence of these policies could limit the organization’s transparency and trustworthiness among donors and stakeholders. Furthermore, the failure to post its tax form on its website may hinder public access to important financial information.
This AI summary has been generated from information found on Charity Navigator.
Is Rih Orthopaedic Foundation Inc legitimate?
Rih Orthopaedic Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rih Orthopaedic Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.rihof.org
What is the mission statement of Rih Orthopaedic Foundation Inc?
Rih Orthopaedic Foundation Inc's mission is centered around medical research with an aim to provide educational opportunities. It seeks to instruct medical students at the Warren Alpert Medical School of Brown University and post-graduate medical school graduates in training programs. Additionally, the foundation provides administrative services in hospital medical and surgical care, particularly focusing on supporting various medical and surgical departments at Rhode Island Hospital.
Official website here: www.rihof.org
Who is the CEO of Rih Orthopaedic Foundation Inc?
Weber Shill is the President of Rih Orthopaedic Foundation Inc.
Official website here: www.rihof.org
What is the revenue of Rih Orthopaedic Foundation Inc?
Rih Orthopaedic Foundation Inc's revenue in 2022 was $4,667,638.
Official website here: www.rihof.org
Who are the executives of Rih Orthopaedic Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $2,496,572
- Other: $59,039
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
Official website here: www.rihof.org
Where can I find the form 990 for Rih Orthopaedic Foundation Inc?
Rih Orthopaedic Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rihof.org
Learn more at the official website: www.rihof.org
Mission Statement of Rih Orthopaedic Foundation Inc
Rih Orthopaedic Foundation Inc is committed to engaging in medical research with the primary objective of providing teaching opportunities to medical students at the Warren Alpert Medical School of Brown University and to medical graduates undergoing post-graduate training programs. Beyond this, the foundation offers administrative services in hospital medical and surgical care, specifically providing such support to various medical and surgical departments within Rhode Island Hospital. The mission of Rih Orthopaedic Foundation Inc is to contribute to the medical field through research and education, while simultaneously offering administrative support to enhance the overall healthcare services provided by hospitals.
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Impact
July, 2024
Rih Orthopaedic Foundation Inc's impact is focused on conducting medical research, providing teaching services for medical students, and offering administrative services to various medical and surgical departments. This organization plays a crucial role in advancing medical knowledge and enhancing the skills of medical students and graduates in post-graduate training programs. Additionally, by providing administrative support to hospital medical and surgical care departments, Rih Orthopaedic Foundation Inc contributes to improving the overall quality of healthcare delivery. Their efforts ultimately aim to benefit patients by enhancing medical education and research in the field of orthopedics.
This information is meant to be a general summary of Rih Orthopaedic Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $97,557
- Program Service Revenue: $4,385,223
- Gross Receipts: $4,744,831
Assets and Liabilities:
- Total Assets: $7,891,692
- Total Liabilities: $2,442,202
- Net Assets: $5,449,490
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMIN, SUPERVISORY & T
Revenue
$3,578,723
FEES FOR ORTHO LAB
Revenue
$806,500
Organization Details
Founding Year
1982
Phone
(401) 457-1504Principal Officer
Weber Shill
Main Address
PO BOX 578, PROVIDENCE, RI, 02901
Website
www.rihof.orgNTEE Category
Code: G90 - Disease
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