Blackstone Health Inc

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

EIN: 050427007 ✦ Providence, RI ✦ Designated as a 501(c)(3)

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Overview

What is Blackstone Health Inc?

Blackstone Health Inc is a community-focused, non-profit organization situated in Providence, Rhode Island. With a mission to serve senior citizens and disabled individuals, they offer a blend of healthcare and related services as part of the Care New England Health System. Their primary offerings include adult day care and nutritional meal programs for the elderly and handicapped, providing nursing services, case management, therapeutic recreation, and daily living assistance in a secure environment. The organization receives funding primarily from government agencies, program fees, third-party reimbursements, and contributions, ensuring they can continue to support this vital population in Rhode Island. With a team of 16 dedicated employees, Blackstone Health Inc is committed to improving the well-being and quality of life for the elderly and disabled individuals in their community.


Official website here: www.carenewengland.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Star rating)

Blackstone Health Inc has achieved an 88% rating on Charity Navigator, reflecting a strong performance in accountability and finance. The organization demonstrates a solid financial structure with no material diversion of assets and a low liabilities-to-assets ratio of 10.24%. The program expense ratio is particularly commendable at 90%, indicating that a significant portion of its expenses directly supports its mission.

The organization's governance has some areas for improvement, particularly the lack of independent board members, which received a score of 0 out of 8 points. However, it excels in other governance aspects, such as having a comprehensive conflict of interest policy and effective audit oversight. These factors contribute positively to its overall accountability rating.

While Blackstone Health Inc is performing well in financial management and accountability, potential donors and stakeholders may want to consider its governance structure when evaluating its long-term effectiveness and independence.


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

Is Blackstone Health Inc legitimate?

Blackstone Health Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blackstone Health 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: $369,470

For more financial information, click here


Official website here: www.carenewengland.org

What is the mission statement of Blackstone Health Inc?

Blackstone Health Inc is a non-profit organization dedicated to serving senior citizens and disabled individuals. Its primary mission is to deliver an appropriate and responsive mix of healthcare and related services as part of the Care New England Health System. The organization provides essential services such as adult day care and meal programs, with funding primarily sourced from government agencies, program fees, third-party reimbursements, and contributions. Blackstone Health Inc's activities include offering nutritional meals at 16 congregate meal sites and operating an adult day care center for the elderly and disabled. They provide nursing services, case management, therapeutic recreation, and daily living services to senior citizens in a safe and secure environment.


Official website here: www.carenewengland.org

Who is the CEO of Blackstone Health Inc?

Jennifer Lee is the Director - Ed Vna (Eff 8/1/22) of Blackstone Health Inc. The CEO's salary of Blackstone Health Inc is $0 and their total compensation is $1,956,437.


Official website here: www.carenewengland.org

What is the revenue of Blackstone Health Inc?

Blackstone Health Inc's revenue in 2022 was $1,327,566.


Official website here: www.carenewengland.org

Who are the executives of Blackstone Health Inc and what are their salaries?

The average compensation at Blackstone Health Inc during 2022 was $23,092. There are 16 employees and 83 volunteers at Blackstone Health Inc.


Here are 7 key members and their salaries (Blackstone Health Inc's CEO's salary is $0 and their total compensation is $1,956,437):


James E Fanale Md (Director - President/Ceo/Cne)
  • Compensation: $0
  • Related: $1,912,336
  • Other: $44,101
Kathleen Peirce Rn Bsn Ms (Director-Ed Vna (Term 7/31/22))
  • Compensation: $0
  • Related: $269,475
  • Other: $15,200
Kathleen Topor (Director - Treasurer)
  • Compensation: $0
  • Related: $166,392
  • Other: $25,124
Jennifer Lee (Director - Ed Vna (Eff 8/1/22))
  • Compensation: $0
  • Related: $112,092
  • Other: $21,860
Karl Sherry (Chairman - Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Briden Esq (Secretary - Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Mooney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.carenewengland.org

Where can I find the form 990 for Blackstone Health Inc?

Blackstone Health Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.carenewengland.org

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

Mission Statement of Blackstone Health Inc

Blackstone Health Inc, a non-profit organization, is dedicated to serving senior citizens and disabled individuals throughout Rhode Island. Its mission is to deliver an appropriate and responsive mix of healthcare and related services as part of the Care New England Health System. The organization provides essential services such as adult day care and meal programs, ensuring the well-being of its beneficiaries. The funding for these programs primarily comes from government agencies, program fees, third-party reimbursements, and contributions. Blackstone Health Inc operates with a focus on incurring expenses for providing nutritious meals to the elderly and handicapped at 16 congregate meal sites and managing an adult day care center for the elderly and handicapped. Nursing services, case management, therapeutic recreation, and daily living services are offered to senior citizens in a safe and secure environment, further underscoring its commitment to the community's elderly and disabled population.

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Impact




July, 2024

Blackstone Health Inc's impact is evident in its dedication to providing essential services to senior citizens and disabled individuals throughout Rhode Island. By offering adult day care and meal programs, the organization plays a crucial role in improving the quality of life for those in need. Through funding derived from government agencies, program fees, third-party reimbursements, and contributions, Blackstone Health Inc is able to sustain and expand its services, making a significant difference in the lives of the community it serves.




This information is meant to be a general summary of Blackstone Health 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
$1,327,566 (2022)
Expenses
$1,199,048 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $543,437
  • Gross Receipts: $1,327,566

Assets and Liabilities:

  • Total Assets: $1,379,512
  • Total Liabilities: $141,295
  • Net Assets: $1,238,217

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Programs

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

MEDICAID RECEIPTS

Revenue

$104,681

ADULT DAY SERVICES

Revenue

$430,463

OTHER HEALTHCARE RELATED REVENUE

Revenue

$8,293

Organization Details

Founding Year

1987

Principal Officer

Jennifer Lee

Main Address

4 RICHMOND SQUARE 4TH FLOOR, PROVIDENCE, RI, 02906

NTEE Category

Code: Z99 - Unknown

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