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Nonprofit · EIN 05-0448686

RIH VENTURES

Tax-exempt · PROVIDENCE, RI 02903

Financials

$9M$9M2022$9.8M$9.6M2023$10.3M$10.1M2024
Revenue Expenses · by fiscal year end
Financials of RIH VENTURES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$10,267,507$10,096,382$171,125$3,176,098$8,898$3,167,200
September 30, 2024990$9,798,533$9,613,088$185,445$3,602,696$151,321$3,451,375
September 30, 2023990$8,950,047$8,950,047$0$3,475,518$318,321$3,157,197
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$10,267,507
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$1,870,537
Depreciation
$426,598
Program services (functional)
$10,096,382

Balance sheet and other

Total assets, start of year
$3,602,696
Total assets, end of year
$3,176,098
Total liabilities, end of year
$8,898
Net assets, end of year
$3,167,200
Land, buildings and equipment
$3,175,098
Net assets without donor restrictions
$3,167,200
Gross receipts
$10,267,507
Employees
0
Volunteers
0
Year formed
1989
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Peter K MarkellEVP & CFO
Officer
0.1$0$1,464,555$40,760
Paul J AdlerSecretary
Trustee or director, Officer
0.25$0$879,367$149,013
Marcia L NeibergPresident
Trustee or director, Officer
0.25$0$630,795$139,043
Nicholas P DominickPresident thru 4/25
Trustee or director, Officer
0.1$0$702,482$40,089
Eva GreenwoodTreasurer & Chair
Trustee or director, Officer
0.1$0$539,491$116,060
990 for the year ended September 30, 2024: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Peter K MarkellEVP & CFO
Officer
0.1$0$1,193,642$18,928
Paul J AdlerSecretary
Trustee or director, Officer
0.25$0$926,856$151,085
Eva GreenwoodTreasurer
Trustee or director, Officer
0.1$0$649,185$87,891
Nicholas P DominickPresident
Trustee or director, Officer
0.1$0$523,234$99,888
990 for the year ended September 30, 2023: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Timothy J BabineauFmr. Trustee0$0$6,453,503$383,339
Cathy E DuquetteFmr. Trustee0$0$860,733$31,725
Paul J AdlerSecretary
Trustee or director, Officer
0.25$0$744,106$145,044
David A KirshnerTreas.- 11/22
Trustee or director, Officer
2$0$857,218$20,609
Nicholas P DominickPresident
Trustee or director, Officer
0.1$0$420,990$93,800
Arthur J SampsonTrustee- 1/23
Trustee or director
0$0$417,696$18,300
Eva GreenwoodTreasurer
Trustee or director, Officer
0.1$0$198,973$34,915
John FernandezTrustee
Trustee or director
0.1$0$0$0
Peter K MarkellEVP & CFO
Officer
0$0$0$0

Address and contacts

Address (IRS master file)
593 EDDY ST, PROVIDENCE, RI 02903-4923
In care of
% EDMUND C BENNETT
Principal officer (990 for 2024)
Marcia L Neiberg, 15 LaSalle Square, Providence, RI 02903
Signed the 990
Kevin Bickerstaff, Director of Finance
Phone
(401) 444-4000

Mission

RIH Ventures (RIHV) provides phlebotomy services which facilitate laboratory specimen testing for Rhode Island Hospital (RIH) and other Lifespan-affiliated hospitals, and also operates parking facilities that serve patients, visitors, and staff of RIH.

990 for the year ended September 30, 2025

Program accomplishments

  • Phlebotomy services performed by RIHV provide a convenient means by which individuals may present themselves to have a blood sample drawn for further diagnostic testing by Brown Health affiliates. Laboratory services are available at locations throughout Rhode Island and southeastern Massachusetts, each offering a complete range of the most advanced laboratory tests. Because appointments are not needed at Brown Health Laboratories, location and time are always at the convenience of the patient. All laboratories are linked to Brown Health Hospitals and offer the added convenience of the most advanced patient data management system in the area.
    Expenses $7,564,451 · revenue $7,564,451
  • RIHV provides safe, secure, and conveniently located parking facilities to RIH's patients, visitors, and staff. The 60-acre RIH campus accommodates more than 10,000 vehicles every day, providing expedient access to all buildings. All patients discharged are provided with one free exit from the parking lots. Free parking is provided to both emergency department patients and patients who receive medical treatment covered by RIte Care and Medicaid. In addition, valet parking and shuttle service are available to qualifying patients without charge in designated areas of the RIH campus. The parking program of RIH Ventures supports RIH's mission by providing practical access to health services for people in the community, as well as simplifying the means of entry to various RIH facilities for residents, interns, fellows, and researchers who train on the RIH campus. Discounted parking is available to: (1) immediate family members of any patients with a stay over 5 days; (2) anyone coming regularly (3 or more times per week) to RIH for outpatient services; and (3) parents of a child admitted to Hasbro Children's Hospital, a division of RIH. RIH Ventures offers a self-pay parking system which allows for more efficient traffic flow and an improved parking experience for patients and visitors. The self-pay system includes conveniently located kiosks throughout RIH's campus in main lobby areas. Patients and visitors are able to use credit cards to pay for parking, in addition to cash.
    Expenses $2,531,931 · revenue $2,703,056

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
05-0448686
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1991
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,176,098
Income (IRS master file)
$10,267,507

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$10,267,507$10,096,382$3,176,098XML
990September 2024$9,798,533$9,613,088$3,602,696XML
990September 2023$8,950,047$8,950,047$3,475,518XML
990September 2022$7,978,363$7,978,363$3,324,291IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 05-0448686).

Questions about RIH VENTURES

What is the EIN of RIH VENTURES?
The employer identification number (EIN) of RIH VENTURES is 05-0448686.
Is RIH VENTURES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to RIH VENTURES tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does RIH VENTURES 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 RIH VENTURES due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RIH VENTURES last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of RIH VENTURES?
The 990 for the year ended September 30, 2025 names Marcia L Neiberg.
Who are the officers and directors of RIH VENTURES?
The 990 for the year ended September 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does RIH VENTURES have?
On its 990 for the year ended September 30, 2025 it reported revenue of $10,267,507, expenses of $10,096,382 and total assets of $3,176,098 at year end.

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