Skip to main content

Nonprofit · EIN 05-0400128

R I H ORTHOPAEDIC FOUNDATION INC

Tax-exempt · PROVIDENCE, RI 02901

Financials

$4.5M$4.3M2023$5.8M$4.5M2024
Revenue Expenses · by fiscal year end
Financials of R I H ORTHOPAEDIC FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,842,215$4,525,194$1,317,021$9,276,986$1,373,206$7,903,780
December 31, 2023990$4,517,733$4,285,581$232,152$7,788,752$1,671,433$6,117,319
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,381,624
Program service revenue
$4,135,423
Investment income
$179,521
Net gain from sales of assets
$71,842
Other revenue
$145,647

Expenses

Grants and similar amounts paid
$66,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$140
Accounting fees
$40,500
Occupancy
$24,624
Depreciation
$3,883
Program services (functional)
$4,349,506
Management and general (functional)
$175,688

Balance sheet and other

Total assets, start of year
$7,788,752
Total assets, end of year
$9,276,986
Total liabilities, end of year
$1,373,206
Net assets, end of year
$7,903,780
Land, buildings and equipment
$17,757
Publicly traded securities
$4,295,341
Net assets without donor restrictions
$7,617,984
Net assets with donor restrictions
$285,796
Gross unrelated business income
$145,647
Gross receipts
$6,053,740
Employees
0
Volunteers
0
Year formed
1982
State of legal domicile
RI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
EDWARD AKELMAN MDPRESIDENT
Trustee or director, Officer
20$0$2,373,506$70,712
QIAN CHEN PHDTRUSTEE
Trustee or director
40$7,500$0$0
JOSEPH J CRISCO PHDTREASURER
Trustee or director, Officer
40$7,500$0$0
BRADEN C FLEMING PHDSECRETARY
Trustee or director, Officer
40$7,500$0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
EDWARD AKELMAN MDPRESIDENT
Trustee or director, Officer
20$0$2,325,315$65,392
QIAN CHEN PHDTRUSTEE
Trustee or director
40$7,500$0$0
JOSEPH J CRISCO PHDTREASURER
Trustee or director, Officer
40$7,500$0$0
BRADEN C FLEMING PHDSECRETARY
Trustee or director, Officer
40$7,500$0$0

Address and contacts

Address (IRS master file)
PO BOX 578, PROVIDENCE, RI 02901-0578
In care of
% WEBER SHILL COO
Principal officer (990 for 2024)
WEBER SHILL, PO BOX 578, PROVIDENCE, RI 02901
Signed the 990
WEBER SHILL, CEO
Phone
(401) 457-1504
Return prepared by
SANSIVERI KIMBALL & CO LLP

Mission

ENGAGING IN MEDICAL RESEARCH AS A MEANS OF SEEKING TO PROVIDE TEACHING SERVICES TO MEDICAL STUDENTS AT THE WARREN ALPERT MEDICAL SCHOOL OF BROWN UNIVERSITY AND TO GRADUATES OF MEDICAL SCHOOLS WHO ARE IN POST-GRADUATE TRAINING PROGRAMS; AND PROVIDE ADMINISTRATIVE SERVICES IN HOSPITAL MEDICAL AND SURGICAL CARE, AND PARTICULARLY PROVIDING SUCH ADMINISTRATIVE SERVICES TO THE VARIOUS MEDICAL AND SURGICAL DEPARTMENTS OF RHODE ISLAND HOSPITAL.

990 for the year ended December 31, 2024

Program accomplishments

  • CONDUCTING MEDICAL RESEARCH, PROVIDING TEACHING SERVICES FOR MEDICAL STUDENTS AND PROVIDING ADMINISTRATIVE SERVICES TO VARIOUS MEDICAL AND SURGICAL DEPARTMENTS.
    Expenses $4,349,506 · grants $66,000 · revenue $4,135,423

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
05-0400128
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1983
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,276,986
Income (IRS master file)
$6,053,740

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,842,215$4,525,194$9,276,986XML
990-TDecember 2024–––IRS
990December 2023$4,517,733$4,285,581$7,788,752XML
990-TDecember 2023–––IRS
990December 2022$4,667,638$4,847,810$7,891,692IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 05-0400128).

Questions about R I H ORTHOPAEDIC FOUNDATION INC

What is the EIN of R I H ORTHOPAEDIC FOUNDATION INC?
The employer identification number (EIN) of R I H ORTHOPAEDIC FOUNDATION INC is 05-0400128.
Is R I H ORTHOPAEDIC FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to R I H ORTHOPAEDIC FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does R I H ORTHOPAEDIC FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of R I H ORTHOPAEDIC FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did R I H ORTHOPAEDIC FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of R I H ORTHOPAEDIC FOUNDATION INC?
The 990 for the year ended December 31, 2024 names WEBER SHILL.
Who are the officers and directors of R I H ORTHOPAEDIC FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 4 people; 3 received compensation from the organization.
How much revenue does R I H ORTHOPAEDIC FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,842,215, expenses of $4,525,194 and total assets of $9,276,986 at year end.

Other nonprofits in PROVIDENCE

All nonprofits in PROVIDENCE · Rhode Island