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Thundermist Health Center

Woonsocket, RI · EIN 05-0355097 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending August 31, 2025 (tax year 2024) · View the filing · Correct or respond

Thundermist Health Center reported $123.5 million in revenue and $117.4 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $79.34 went to program services, $20.51 to management and general costs and $0.15 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 81.4% of the total. Government grants made up 17.0%. The highest compensation it reported for one person was $570,838 (CEO (LEFT 09/24)). 180 people received more than $100,000 in reportable compensation. Revenue rose 54% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $117M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending August 31, 2025 · Form 990, Part VIII · total revenue $124M

Investment income was negative: −$869K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
79.3%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
20.5%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.2%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
19.1%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
17.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
81.4%93.7%
Highest reported compensation
Part VII-A, columns D–F
$570,838$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.49%1.34%
People paid over $100,000
Part VII, line 2
18027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
3.36.6
Independent voting board members
Part VI 1a–1b
17 of 1788.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$93M expenses · 100.0% of program spending · revenue $101M

To improve the health of our patients and communities by delivering exceptional health care, removing barriers to that care, and promoting healthy lifestyles. During the fiscal year, we served 63,266 patients with 336,979 medical and dental visits

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO (LEFT 09/24)
Officer, 40.00 hrs/week
$538,234$0$32,604$570,838
CHIEF DENTAL OFFICER
Highest compensated employee, 46.50 hrs/week
$389,228$0$41,831$431,059
CMO
Key employee, 40.00 hrs/week
$367,044$0$44,347$411,391
MEDICAL DIRECTOR
Highest compensated employee, 40.50 hrs/week
$301,771$0$24,339$326,110
MEDICAL DIRECTOR OF PSYCHIATRY
Highest compensated employee, 40.00 hrs/week
$299,757$0$11,680$311,437
MEDICAL DIRECTOR
Highest compensated employee, 38.50 hrs/week
$295,835$0$13,775$309,610
PHYSICIAN- KENT RESIDENCY FACULTY
Highest compensated employee, 40.00 hrs/week
$293,322$0$14,398$307,720
COO
Key employee, 40.00 hrs/week
$252,635$0$12,309$264,944

180 people received more than $100,000 in reportable compensation from Thundermist Health Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$124M$117M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$124M$117M79.3%$32M$570,838
FY2024 ⓘ$112M$127M82.4%$26M$519,005
FY2023 ⓘ$121M$118M82.7%$40M$381,401
FY2022 ⓘ$103M$100M83.2%$37M$354,921
FY2021 ⓘ$91M$88M84.0%$34M$362,876
FY2020 ⓘ$80M$77M88.4%$31M$372,789

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b17 · 17 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 51,236
  • Volunteers Part I, line 621

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
VERISMA SYSTEMS INC
Health information management
$488,674
PACIFIC INTERPRETERS INC - 102713
Interpretation services
$165,207
VISION 3 ARCHITECTS INC
Architecture & feasibility firm
$149,943
JOBOT LLC
Recruiting services
$111,230

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

8 private foundations reported grants to Thundermist Health Center totaling $209K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Thundermist Health Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Thundermist Health Center, you can publish a response that is linked from this page.

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Questions people ask

How much of Thundermist Health Center's spending goes to programs?

In the fiscal year ending August 31, 2025, Thundermist Health Center reported that 79.3% of its $117.4 million in expenses went to program services, 20.5% to management and general and 0.2% to fundraising (Form 990, Part IX).

How much does Thundermist Health Center pay its top executive?

The largest total compensation Thundermist Health Center reported for one person in the fiscal year ending August 31, 2025 was $570,838, for the role of CEO (LEFT 09/24) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Thundermist Health Center get its money?

Of $123.5 million in revenue in the fiscal year ending August 31, 2025, 19.1% came from contributions and grants (including 17.0% from government grants) and 81.4% from program service revenue (Form 990, Part VIII).

Is Thundermist Health Center a registered charity?

The IRS lists EIN 05-0355097 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending August 31, 2025, object 202631969349302353 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202521929349300727 · read the filing
  • FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202401979349300425 · read the filing
  • FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202331719349300223 · read the filing
  • FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202231959349301613 · read the filing
  • FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202111069349300731 · read the filing

All filings for EIN 05-0355097: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.