Overview
What is Neighborhood Health Plan Of Rhode Island?
Neighborhood Health Plan of Rhode Island is a non-profit health maintenance organization based in Smithfield, Rhode Island. With 771 employees, they provide affordable, high-quality healthcare services on a prepaid basis, primarily catering to Medicaid recipients and eligible individuals under the state's managed care program, RITECARE. The organization expands its reach to individuals and businesses through HealthSource RI, Rhode Island's health insurance exchange. As of December 31, 2022, Neighborhood Health Plan of Rhode Island serves over 225,626 members, striving to ensure access to cost-effective healthcare for the state's at-risk populations in partnership with Community Health Centers.
Official website here: www.nhpri.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Neighborhood Health Plan Of Rhode Island has received an 81% rating from Charity Navigator, indicating a solid level of accountability and financial management. This score is primarily derived from its strong performance in the accountability and finance category, demonstrating effective oversight and governance practices. The organization boasts a fully independent board, which reflects a commitment to transparency and ethical management.
The nonprofit excels in several key metrics, including a high program expense ratio of 94.89%, ensuring that the majority of its funding directly supports its mission. Additional strengths include comprehensive policies regarding conflict of interest and whistleblower protections, contributing to a culture of accountability. The meticulous documentation of board meeting minutes and financial oversight further underscores its commitment to responsible stewardship.
While the rating is commendable, it is essential for stakeholders to continue monitoring the organization’s performance and practices. Maintaining high standards of accountability and transparency will be crucial for sustaining trust and support from the community and donors alike.
This AI summary has been generated from information found on Charity Navigator.
Is Neighborhood Health Plan Of Rhode Island legitimate?
Neighborhood Health Plan Of Rhode Island is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Health Plan Of Rhode Island 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: $1,508,748
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,639,694
For more financial information, click here
Official website here: www.nhpri.org
What is the mission statement of Neighborhood Health Plan Of Rhode Island?
Neighborhood Health Plan of Rhode Island is a non-profit health maintenance organization that aims to ensure access to high-quality, affordable healthcare for at-risk populations in Rhode Island. Through partnerships with Community Health Centers, the organization provides healthcare services on a prepaid basis, primarily to Medicaid recipients and certain other eligible individuals under the state's managed care program, RiteCare. In addition, the plan extends its services, benefits, and value to individuals and businesses through HealthSource RI, the state's health insurance exchange. With over 225,626 members as of December 31, 2022, Neighborhood Health Plan of Rhode Island is dedicated to securing comprehensive healthcare solutions for the community it serves.
Official website here: www.nhpri.org
Who is the CEO of Neighborhood Health Plan Of Rhode Island?
Unavailable The CEO's salary of Neighborhood Health Plan Of Rhode Island is $634,340 and their total compensation is $676,977.
Official website here: www.nhpri.org
What is the revenue of Neighborhood Health Plan Of Rhode Island?
Neighborhood Health Plan Of Rhode Island's revenue in 2022 was $1,638,541,616.
Official website here: www.nhpri.org
Who are the executives of Neighborhood Health Plan Of Rhode Island and what are their salaries?
The average compensation at Neighborhood Health Plan Of Rhode Island during 2022 was $40,400. There are 771 employees and 16 volunteers at Neighborhood Health Plan Of Rhode Island.
Here are 28 key members and their salaries (Neighborhood Health Plan Of Rhode Island's CEO's salary is $634,340 and their total compensation is $676,977):
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- Compensation: $634,340
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- Other: $42,637
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- Compensation: $333,384
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- Compensation: $375,207
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- Compensation: $303,232
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- Compensation: $410,023
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- Compensation: $446,473
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- Other: $29,089
- Compensation: $310,309
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- Other: $29,444
- Compensation: $315,154
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- Other: $25,743
Official website here: www.nhpri.org
Where can I find the form 990 for Neighborhood Health Plan Of Rhode Island?
Neighborhood Health Plan Of Rhode Island's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nhpri.org
Learn more at the official website: www.nhpri.org
Mission Statement of Neighborhood Health Plan Of Rhode Island
Neighborhood Health Plan of Rhode Island, a non-profit health maintenance organization, is dedicated to ensuring that at-risk populations in Rhode Island have access to top-notch, affordable healthcare. In partnership with Community Health Centers, this innovative health plan secures healthcare services for individuals and families who might otherwise struggle to obtain them. With a focus on Medicaid recipients and other eligible persons under the state's managed care program, RiteCare, Neighborhood Health Plan of Rhode Island extends its reach to approximately 225,626 members as of December 31, 2022. By offering high-quality, cost-effective healthcare on a prepaid basis, this organization plays a crucial role in shaping a healthier future for Rhode Island's most vulnerable residents.
Neighborhood Health Plan of Rhode Island has forged a powerful alliance with Community Health Centers to bring about transformative change in the healthcare landscape. This collaboration streamlines access to essential healthcare services, enabling the organization to make a significant impact on the wellbeing of the state's at-risk populations. By prioritizing the needs of these individuals and families, Neighborhood Health Plan of Rhode Island goes beyond traditional healthcare provisions by extending its benefits to individuals and businesses through HealthSource RI, Rhode Island's health insurance exchange. In doing so, the organization increases the accessibility and affordability of healthcare for a broader range of people in the community.
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Impact
October, 2024
Neighborhood Health Plan of Rhode Island plays a significant role in improving health outcomes for at-risk populations across the state. By providing high-quality, cost-effective health care services primarily through its Medicaid program, the organization ensures that over 225,626 members have access to essential medical care.
Its innovative approach, built on partnerships with Community Health Centers, facilitates a comprehensive support system for individuals who might otherwise struggle to find adequate health care. This commitment not only helps to reduce health disparities but also encourages preventive care and early intervention, ultimately leading to healthier communities.
Additionally, Neighborhood Health Plan of Rhode Island extends its services through HealthSource RI, the state's health insurance exchange, providing more options to individuals and businesses seeking affordable health insurance. This expansive reach enhances the overall health landscape in Rhode Island, demonstrating a proactive stance in tackling the challenges faced by vulnerable populations.
This information is meant to be a general summary of Neighborhood Health Plan Of Rhode Island. 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: $2,000,661
- Program Service Revenue: $1,636,540,955
- Gross Receipts: $1,689,464,307
Assets and Liabilities:
- Total Assets: $501,584,361
- Total Liabilities: $372,412,942
- Net Assets: $129,171,419
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUM EARNED
Revenue
$1,632,840,364
EOHHS INCENTIVES
Revenue
$2,034,657
PPC ADMIN
Revenue
$1,665,934
Organization Details
Founding Year
1993
Phone
(401) 459-6000Main Address
910 DOUGLAS PIKE, SMITHFIELD, RI, 02917
Website
www.nhpri.orgNTEE Category
Code: E310 - Health
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