Overview
What is Wb Community Health?
Wb Community Health is a Rhode Island-based nonprofit corporation that manages and operates health and dental benefits programs for local municipalities and school districts. By collaborating with these entities, the corporation facilitates significant cost savings in health and dental benefits for its participating members. In the fiscal year 2021, Wb Community Health successfully managed health and dental benefits for 18 such institutions. The organization's mission revolves around overseeing specific health benefit projects that have been agreed upon between the corporation and the participating municipalities and school districts within Rhode Island.
What are the reviews and ratings of this charity?
Charity Navigator rating: 82% (Three-Star out of Four Star rating)
Wb Community Health has achieved an 82% rating on Charity Navigator, indicating a solid performance primarily in accountability and finance. The score reflects a single beacon score focused on financial health, emphasizing the organization's commitment to responsible governance and transparency.
Strengths highlighted in the evaluation include a fully independent board comprising 15 members, effective oversight with an audit committee, and strong financial health represented by a low liabilities-to-assets ratio. Additionally, the charity excels in program expenses, directing nearly all funds towards its mission, which demonstrates a strong commitment to its programs and beneficiaries.
While the rating showcases several organizational strengths, it lacks ratings in other areas that could provide a more comprehensive view of its overall effectiveness and impact. Nonetheless, Wb Community Health stands out for its financial integrity and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Wb Community Health legitimate?
Wb Community Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wb Community Health 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: $125,000
For more financial information, click here
What is the mission statement of Wb Community Health?
Wb Community Health is dedicated to managing and operating health benefit projects on behalf of collaborating municipalities and school districts in Rhode Island. The corporation's primary goal is to help these entities maximize their savings on health and dental costs through efficient benefit program management. During fiscal year 2021, Wb Community Health successfully managed health and dental benefits for 18 participating members, totaling local governments and educational institutions. The organization plays a crucial role in enabling these entities to effectively manage their health benefit expenses and improve overall healthcare affordability.
Who is the CEO of Wb Community Health?
Sarah E Mangiarelli Cpa is the Board Member of Wb Community Health.
What is the revenue of Wb Community Health?
Wb Community Health's revenue in 2022 was $118,133,782.
Who are the executives of Wb Community Health and what are their salaries?
The average compensation at Wb Community Health during 2022 was $125,000. There is 1 employee at Wb Community Health.
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Where can I find the form 990 for Wb Community Health?
Wb Community Health's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wb Community Health
Wb Community Health, a key player in the healthcare sector, is dedicated to managing and operating health benefit projects formed between the corporation and participating municipalities and school districts in Rhode Island. These collaborative initiatives aim to maximize savings for the member entities on their health and dental costs. Wb Community Health effectively manages the benefits program, ensuring the participating members can reap the full potential of cost savings.
The organization's mission is multifaceted, as it not only manages and operates the health and dental benefits for local municipalities and school districts but also helps these entities realize significant savings. During fiscal year 2021, Wb Community Health successfully managed health and dental benefits for 18 such entities, demonstrating its expertise and commitment to the cause. By taking on the responsibility of managing the benefits program, Wb Community Health enables its members to focus on their core responsibilities while ensuring their employees and dependents have access to comprehensive healthcare services.
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Impact
October, 2024
Wb Community Health has a significant impact on the healthcare landscape in Rhode Island by effectively managing and operating health and dental benefit programs for local municipalities and school districts. By overseeing these benefit projects, the organization enables its 18 participating members to maximize savings on healthcare costs, which is crucial for managing tight budgets in local governments and educational institutions.
This streamlined approach not only reduces financial burdens but also enhances access to essential health and dental services for employees and their families. The focus on collaboration among municipalities and school districts fosters a sense of community while ensuring that members receive comprehensive benefits tailored to their needs. Overall, Wb Community Health plays a vital role in promoting better health outcomes and fostering sustainability within the local public sector.
This information is meant to be a general summary of Wb Community Health. 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: $1,203,530
- Program Service Revenue: $116,930,252
- Gross Receipts: $135,790,224
Assets and Liabilities:
- Total Assets: $62,979,645
- Total Liabilities: $21,606,025
- Net Assets: $41,373,620
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HEALTH INSURANCE PREMIUMS
Revenue
$106,237,006
DENTAL INSURANCE PREMIUMS
Revenue
$6,217,554
PRESCRIPTION REBATE INCOME
Revenue
$2,010,422
CLAIMS RECOVERY
Revenue
$2,359,988
ADMINISTRATIVE FEES TO MEMBERSHIPS
Revenue
$76,543
Organization Details
Founding Year
1997
Phone
(401) 499-4291Principal Officer
Sarah E Mangiarelli Cpa
Main Address
2000 CHAPEL VIEW BLVD, CRANSTON, RI, 02920
NTEE Category
Code: B02 - Education
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