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Bvchc Support Corporation

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

EIN: 822269480 ✦ Pawtucket, RI ✦ Designated as a 501(c)(3)

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Overview

What is Bvchc Support Corporation?

Bvchc Support Corporation is a non-profit organization based in Pawtucket, Rhode Island, specifically at 39 East Ave, ZIP code 02860. Its primary mission is to support Blackstone Valley Community Health Care by raising funds and leasing facilities as required. This corporation plays a crucial role in ensuring the continuity and expansion of the health care services provided by Blackstone Valley Community Health Care, thereby benefiting the local community.

What are the reviews and ratings of this charity?

Charity Navigator rates Bvchc Support Corporation with a score of 72%, which translates to a Two-Star out of Four Star rating. This rating reflects the organization’s accountability and financial health, indicating some strengths in governance and compliance, but also highlights several areas for improvement.

The organization shows a strong commitment to transparency with independent board members and a robust set of policies, including conflict of interest and whistleblower protections. Their financial oversight is well-established, evidenced by high scores in audit and oversight, along with effective management of assets, as there have been no reports of material diversion.

However, the rating is impacted by significant weaknesses, particularly in financial reporting transparency, as the nonprofit's website is missing key documents including its tax form. Additionally, the liabilities to assets ratio is concerning, suggesting potential financial strain. Overall, while Bvchc Support Corporation demonstrates a commitment to its mission, it needs to address these financial reporting issues to improve its rating and public trust.


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

Is Bvchc Support Corporation legitimate?

Bvchc Support Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bvchc Support Corporation 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

What is the mission statement of Bvchc Support Corporation?

The Bvchc Support Corporation exists to fulfill a specific purpose, primarily aimed at supporting Blackstone Valley Community Health Care. This non-profit organization focuses on raising funds and acquiring or leasing facilities as required to ensure the smooth operation of the health care services provided. The organization's mission is geared towards facilitating the accessibility of necessary healthcare resources for the community it serves.

Who is the CEO of Bvchc Support Corporation?

Raymond J Lavoie is the Principal Officer of Bvchc Support Corporation.

What is the revenue of Bvchc Support Corporation?

Bvchc Support Corporation's revenue in 2022 was $943,570.

Who are the executives of Bvchc Support Corporation and what are their salaries?

There 2 volunteers at Bvchc Support Corporation.


Here are 3 key members and their salaries:


John Lefrancois (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norm Deguilio (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Lavoie (Secretary)
  • Compensation: $0
  • Related: $527,994
  • Other: $51,431
Where can I find the form 990 for Bvchc Support Corporation?

Bvchc Support Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bvchc Support Corporation

Bvchc Support Corporation is a dedicated organization, whose primary mission is to support Blackstone Valley Community Health Care. This mission is twofold: first, to raise funds, and second, to own and lease facilities as required by the health care institution. By undertaking these tasks, Bvchc Support Corporation plays a crucial role in ensuring the continuity and expansion of Blackstone Valley Community Health Care's services. Through its diligent efforts, the organization enables the health care center to provide comprehensive care to its community.

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Impact




June, 2024

Bvchc Support Corporation plays a vital role in supporting the operations of Blackstone Valley Community Health Care by raising funds and owning necessary facilities in Pawtucket, Rhode Island. Their impact is crucial in ensuring that the community has access to essential healthcare services, particularly in the realm of mental health. Through their efforts, Bvchc Support Corporation contributes to the sustainability and effectiveness of Blackstone Valley Community Health Care, ultimately improving the well-being of the community members they serve.




This information is meant to be a general summary of Bvchc Support Corporation. 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
$943,570 (2022)
Expenses
$846,710 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $574
  • Program Service Revenue: $942,996
  • Gross Receipts: $943,570

Assets and Liabilities:

  • Total Assets: $13,066,296
  • Total Liabilities: $12,428,659
  • Net Assets: $637,637

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Programs

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

Rent Revenue

Revenue

$942,996

Organization Details

Founding Year

2017

Principal Officer

Raymond J Lavoie

Main Address

39 East Ave, Pawtucket, RI, 02860

NTEE Category

Code: F11 - Mental health

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