Neighborhood Health Plan of Rhode Island
Neighborhood Health Plan of Rhode Island reported $1.94 billion in revenue and $1.94 billion in expenses for calendar year 2024. Of every $100 it spent, $94.25 went to program services, $5.75 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.5% of the total. The highest compensation it reported for one person was $760,232 (PRESIDENT & CEO). 245 people received more than $100,000 in reportable compensation. Revenue rose 44% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.94BFor 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
Calendar year 2024 · Form 990, Part VIII · total revenue $1.94BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 94.3% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.7% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.5% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $760,232 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.04% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 245 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.8 | 6.6 |
| Independent voting board members Part VI 1a–1b | 15 of 16 | 88.9% |
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
2024 · Form 990, Part III · the three largest programs by expenseNeighborhood Health Plan of Rhode Island is a non-profit health maintenance organization ("hmo") that provides high-quality, low-cost health care services on a prepaid basis principally to medicaid recipients and certain other eligible persons under state of Rhode Island managed care program, ritecare. The organization also extends its service, benefits and value to individuals and businesses through healthsource ri, the state's health insurance exchange. As of december 31, 2024, the organization is responsible for providing health care services to over 218,540 members
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Director/trustee, officer, 38.0 hrs/week | $710,375 | $0 | $49,857 | $760,232 |
| CHIEF MEDICAL OFFICER Officer, 38.0 hrs/week | $550,554 | $0 | $49,221 | $599,775 |
| CHIEF GROWTH OFFICER Highest compensated employee, 38.0 hrs/week | $461,682 | $0 | $46,095 | $507,777 |
| CHIEF OPERATING OFFICER Officer, 38.0 hrs/week | $419,870 | $0 | $40,068 | $459,938 |
| CHIEF DIVERSITY OFFICER Highest compensated employee, 38.0 hrs/week | $409,282 | $0 | $49,499 | $458,781 |
| CHIEF OF STAFF Highest compensated employee, 38.0 hrs/week | $407,109 | $0 | $46,657 | $453,766 |
| CHIEF FINANCIAL OFFICER-SVP Officer, 38.0 hrs/week | $428,704 | $0 | $22,726 | $451,430 |
| FORMER OFFICER Former, 0.0 hrs/week | $330,990 | $0 | $62,404 | $393,394 |
245 people received more than $100,000 in reportable compensation from Neighborhood Health Plan of Rhode Island (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · 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–1b16 · 15 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 26No
- 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 5776
- Volunteers Part I, line 615
Correct a figure or respond
Every number above is copied from Neighborhood Health Plan of Rhode Island's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Neighborhood Health Plan of Rhode Island, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Neighborhood Health Plan of Rhode Island spent in 2024, $94.25 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Neighborhood Health Plan of Rhode Island's spending goes to programs?
In calendar year 2024, Neighborhood Health Plan of Rhode Island reported that 94.3% of its $1.94 billion in expenses went to program services, 5.7% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Neighborhood Health Plan of Rhode Island pay its top executive?
The largest total compensation Neighborhood Health Plan of Rhode Island reported for one person in calendar year 2024 was $760,232, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Neighborhood Health Plan of Rhode Island get its money?
Of $1.94 billion in revenue in calendar year 2024, 0.0% came from contributions and grants and 99.5% from program service revenue (Form 990, Part VIII).
Is Neighborhood Health Plan of Rhode Island a registered charity?
The IRS lists EIN 05-0477052 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), 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
- 2024: Form 990 for calendar year 2024, object 202533219349311018 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413209349305951 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303199349307390 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233199349310358 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113199349322771 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013159349302761 · read the filing
All filings for EIN 05-0477052: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.