Nonprofit · EIN 05-0401176
RHODE ISLAND MEDICAL SOCIETY FOUNDATION
Tax-exempt · PROVIDENCE, RI 02903
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $180,669 | $315,146 | -$134,477 | $627,231 | $40,783 | $586,448 |
| December 31, 2023 | 990 | $209,548 | $309,110 | -$99,562 | $719,994 | $74,018 | $645,976 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $169,741
- Program service revenue
- $0
- Investment income
- $10,928
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $675
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $5,850
- Accounting fees
- $6,393
- Occupancy
- $23,377
- Travel
- $1,802
- Depreciation
- $104
- Program services (functional)
- $301,617
- Management and general (functional)
- $12,529
- Fundraising (functional)
- $1,000
Balance sheet and other
- Total assets, start of year
- $719,994
- Total assets, end of year
- $627,231
- Total liabilities, end of year
- $40,783
- Net assets, end of year
- $586,448
- Land, buildings and equipment
- $1,378
- Publicly traded securities
- $582,094
- Net assets without donor restrictions
- $6,925
- Net assets with donor restrictions
- $579,523
- Gross receipts
- $180,669
- Employees
- 0
- Volunteers
- 10
- Year formed
- 1983
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| STACY PATERNO | EXECUTIVE VICE PRESIDENT Officer | 8 | $0 | $130,000 | $19,054 |
| HEATHER SMITH | PRESIDENT through Sept. 2024 Trustee or director, Officer | 0.1 | $0 | $9,000 | $0 |
| KARA STAVROS | PRESIDENT start Oct. 2024 Trustee or director, Officer | 0.1 | $0 | $3,000 | $0 |
| CATHERINE A CUMMINGS MD | TRUSTEE Trustee or director | 0.02 | $0 | $0 | $0 |
| ELIZABETH B LANGE MD | TRUSTEE Trustee or director, Officer | 0.02 | $0 | $0 | $0 |
| THOMAS A BELDSOE MD FACP | TRUSTEE, CURRENT CHAIR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| MATTHEW SMITH MD | SECRETARY/TREAS. Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| STACY PATERNO | EXECUTIVE VICE PRESIDENT Officer | 8 | $0 | $130,000 | $6,500 |
| THOMAS A BELDSOE MD FACP | PRESIDENT through Sept. 2023 Trustee or director, Officer | 0.1 | $0 | $8,000 | $0 |
| HEATHER SMITH | PRESIDENT start Sept. 2023 Trustee or director, Officer | 0.1 | $0 | $3,000 | $0 |
| CHRISTINE BROUSSEAU MD MPH | TRUSTEE Trustee or director | 0.02 | $0 | $0 | $0 |
| CATHERINE A CUMMINGS MD | TRUSTEE Trustee or director | 0.02 | $0 | $0 | $0 |
| ELIZABETH B LANGE MD | TRUSTEE Trustee or director, Officer | 0.02 | $0 | $0 | $0 |
| MATTHEW SMITH MD | SECRETARY/TREAS. Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 225 DYER ST, PROVIDENCE, RI 02903-3927
- Principal officer (990 for 2024)
- STACY PATERNO, 405 PROMENADE ST STE A, PROVIDENCE, RI 02908
- Signed the 990
- STACY PATERNO, EXECUTIVE VICE PRESIDENT
- Phone
- (401) 331-3207
- Website
- http://www.rimed.org
- Return prepared by
- CALIRI MANCINI & BARBIERI PC
Mission
Promote the betterment of public health by engaging in educational and charitable activities related to the field of medicine, and to support peer review activities
Program accomplishments
- MEDICAL PROFESSIONALS HEALTH ASSISTANCE - THIS PROGRAM SUPPORTS THE COSTS OF EMPLOYING TWO FULL-TIME CLINICAL SOCIAL WORKERS WHO PROVIDE SERVICES PERTAINING TO THE HEALTH OF PHYSICIANS AND CERTAIN OTHER CLINICIANS.Expenses $263,854
- PUBLIC SERVICE AND EDUCATION - THIS PROGRAM SUPPORTS THE COSTS OF: (1) CONDUCTING A CAMPAIGN TO INCREASE THE FREQUENCY WITH WHICH MEDICAL OFFICES SCREEN PATIENTS FOR PRE-DIABETES AND THE RATE AT WHICH THEY REFER PRE-DIABETIC PATIENTS TO THE MANY NEW EVIDENCE-BASED DIABETES PREVENTION PROGRAMS THAT ARE ESTABLISHED IN RHODE ISLAND, AND ALSO COLLABORATE WITH OTHERS WORKING TOWARDS THIS COMMON GOAL; (2) SUPPORTING PUBLIC EDUCATIONAL PROGRAMS AND RAISE PUBLIC AWARENESS RELATING TO PROFESSIONAL LIABILITY TORT REFORM; (3) AND RESPONDING TO OTHER EDUCATIONAL AND SAFETY CONCERNS.Expenses $37,000
- FINANCIAL ASSISTANCE FOR PHYSICIANS (BENEVOLENCE FUND) - THIS PROGRAM SUPPORTS PHYSICIANS AND THEIR FAMILIES IN TIMES OF FINANCIAL NEED.Expenses $763 · grants $675
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 05-0401176
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1983
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E83Z)
- Assets (IRS master file)
- $627,231
- Income (IRS master file)
- $180,669
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $180,669 | $315,146 | $627,231 | XML |
| 990 | December 2023 | $209,548 | $309,110 | $719,994 | XML |
| 990 | December 2022 | $238,287 | $305,810 | $764,250 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 05-0401176).
Questions about RHODE ISLAND MEDICAL SOCIETY FOUNDATION
- What is the EIN of RHODE ISLAND MEDICAL SOCIETY FOUNDATION?
- The employer identification number (EIN) of RHODE ISLAND MEDICAL SOCIETY FOUNDATION is 05-0401176.
- Is RHODE ISLAND MEDICAL SOCIETY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to RHODE ISLAND MEDICAL SOCIETY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RHODE ISLAND MEDICAL SOCIETY FOUNDATION 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 RHODE ISLAND MEDICAL SOCIETY FOUNDATION 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 RHODE ISLAND MEDICAL SOCIETY FOUNDATION 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 RHODE ISLAND MEDICAL SOCIETY FOUNDATION?
- The 990 for the year ended December 31, 2024 names STACY PATERNO.
- Who are the officers and directors of RHODE ISLAND MEDICAL SOCIETY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does RHODE ISLAND MEDICAL SOCIETY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $180,669, expenses of $315,146 and total assets of $627,231 at year end.
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