Nonprofit · EIN 05-0490997
CARE NEW ENGLAND HEALTH SYSTEM
Also known as BANK OF AMERICA NA
Tax-exempt · PROVIDENCE, RI 02904
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $175,544,985 | $184,062,220 | -$8,517,235 | $46,491,714 | $263,544,504 | -$217,052,790 |
| September 30, 2024 | 990 | $186,560,882 | $194,271,241 | -$7,710,359 | $67,118,060 | $275,831,984 | -$208,713,924 |
| September 30, 2023 | 990 | $189,328,753 | $179,135,413 | $10,193,340 | $54,110,952 | $251,767,009 | -$197,656,057 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $87,448
- Program service revenue
- $173,796,019
- Investment income
- $1,269,575
- Net rental income
- $391,943
- Net gain from sales of assets
- $129,482
- Other revenue
- $391,943
Expenses
- Grants and similar amounts paid
- $393,500
- Compensation of officers, directors and key employees
- $6,951,770
- Other salaries and wages
- $51,829,512
- Salaries, compensation and benefits (total)
- $72,371,279
- Professional fundraising fees
- $0
- Legal fees
- $5,984,457
- Accounting fees
- $896,322
- Occupancy
- $4,215,625
- Travel
- $342,039
- Depreciation
- $2,311,260
- Program services (functional)
- $165,695,347
- Management and general (functional)
- $18,366,873
Balance sheet and other
- Total assets, start of year
- $67,118,060
- Total assets, end of year
- $46,491,714
- Total liabilities, end of year
- $263,544,504
- Net assets, end of year
- -$217,052,790
- Land, buildings and equipment
- $61,768,698
- Net assets without donor restrictions
- -$217,052,790
- Gross receipts
- $176,982,804
- Employees
- 693
- Volunteers
- 0
- Year formed
- 1996
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL E WAGNER MD | DIRECTOR - PRESIDENT/CEO/CNE Trustee or director, Officer | 55 | $2,019,519 | $0 | $172,963 |
| JAMES E FANALE MD | FORMER OFFICER Former | 0 | $1,158,470 | $0 | $0 |
| TODD A CONKLIN | ASST. TREAS./EVP/CFO/CNE Officer | 55 | $918,793 | $0 | $126,341 |
| METHODIUS TUULI MD | DIRECTOR - VP MED AFF WIH Trustee or director | 55 | $0 | $780,422 | $113,209 |
| ROGER MITTY | PRESIDENT - CNEMG Key employee | 55 | $774,598 | $0 | $79,562 |
| CYNTHIA RING | EVP, CHIEF PEOPLE OFFICER Key employee | 55 | $667,735 | $0 | $141,349 |
| RAYMOND O POWRIE MD | CHIEF MEDICAL QUALITY OFFICER Key employee | 55 | $0 | $749,058 | $48,445 |
| ANA TUYA FULTON MD | DIR-CHIEF POP HLTH OFF/CNE Trustee or director | 55 | $691,618 | $0 | $33,520 |
| ASHLEY M TAYLOR ESQ | ASST. SEC./GEN. COUNSEL/CNE Officer | 55 | $657,027 | $0 | $23,033 |
| TOMAS GREGORIO | SVP, CIO Key employee | 55 | $594,841 | $0 | $50,871 |
| KEVIN BAILL MD | DIRECTOR - MED DIR OP SVCS/BH Trustee or director | 55 | $0 | $491,719 | $58,156 |
| MARK YERRICK | VP FACILITIES & SUPPORT SVCS. Highest-paid employee | 55 | $383,384 | $0 | $40,093 |
| KRYSTEN BLANCHETTE | VP REV CYCLE Highest-paid employee | 55 | $364,420 | $0 | $41,687 |
| BRYAN LIESE | SVP, Operations - CNEMG Highest-paid employee | 55 | $365,094 | $0 | $36,619 |
| MATTHEW HARVEY | VP OPERATIONS - ED INTEGRA Highest-paid employee | 55 | $350,190 | $0 | $49,781 |
16 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIE HENRIQUES | VP CHIEF COMPLIANCE OFFICER Highest-paid employee | 55 | $359,132 | $21,017 |
| JESSICA MCCARTHY | FORMER KEY EMPLOYEE Former | 55 | $312,168 | $38,194 |
| ARNOLD AVILA | FORMER OFFICER Former | 0 | $292,308 | $0 |
| GARY E FURTADO | CHAIRMAN - DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| R STEPHEN MANTY | VICE CHAIR/TREASURER-DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| JAMES A BOTVIN | SECRETARY - DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| SHARON CONARD-WELLS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDWARD J COONEY JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAROLYN MASTERS PHD RN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSEPH J MCGAIR ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PATRICK J MURRAY JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER PHILIPS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUDITH REMONDI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES R REPPUCCI ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES A RUGGIERI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARIBETH Q WILLIAMSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended September 30, 2024: 35 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL E WAGNER MD | DIRECTOR - PRESIDENT/CEO/CNE Trustee or director, Officer | 55 | $1,688,410 | $0 | $32,601 |
| JAMES E FANALE MD | FORMER OFFICER Former | 0 | $1,317,641 | $0 | $140,001 |
| F JOSEPH IANNONI | FORMER OFFICER Former | 0 | $806,929 | $0 | $83,899 |
| RAYMOND O POWRIE MD | CHIEF MEDICAL QUALITY OFFICER Key employee | 55 | $0 | $741,865 | $33,225 |
| TODD A CONKLIN | ASST. TREAS./EVP/CFO/CNE Officer | 55 | $707,222 | $0 | $26,659 |
| KEVIN BAILL MD | DIRECTOR - MED DIR OP SVCS/BH Trustee or director | 55 | $0 | $582,758 | $52,549 |
| GAIL E ROBBINS | SVP, FINANCE AND PLANNING Key employee | 55 | $579,794 | $0 | $33,981 |
| ANA TUYA FULTON MD | DIR-CHIEF POP HLTH OFF/CNE Trustee or director | 55 | $590,920 | $0 | $21,160 |
| ASHLEY M TAYLOR ESQ | ASST. SEC./GEN. COUNSEL/CNE Officer | 55 | $542,295 | $0 | $17,484 |
| ROGER MITTY | President - CNEMG Key employee | 55 | $478,528 | $0 | $651 |
| ARNOLD AVILA | FORMER KEY EMPLOYEE Former | 0 | $438,127 | $0 | $19,006 |
| JESSICA MCCARTHY | VP, CHIEF MARKETING OFFICER Key employee | 55 | $414,733 | $0 | $40,852 |
| BRYAN LIESE | SVP, Operations - CNEMG Highest-paid employee | 55 | $377,435 | $0 | $30,244 |
| STEPHEN M SILVA | VP LOGISTIC & SUPPLY CHAIN Highest-paid employee | 55 | $364,970 | $0 | $32,333 |
| KRYSTEN BLANCHETTE | VP REV CYCLE Key employee | 55 | $360,118 | $0 | $35,311 |
| MARK YERRICK | VP FACILITIES & SUPPORT SVCS. Highest-paid employee | 55 | $372,331 | $0 | $22,651 |
| JENNIE HENRIQUES | CHIEF COMPLIANCE OFFICER Key employee | 55 | $371,955 | $0 | $16,520 |
| JAMES M BURKE | VP FINANCE MED/SURG HOSP Highest-paid employee | 55 | $358,134 | $0 | $20,505 |
| GARY SPECIALE | VP RISK MANAGEMENT Key employee | 55 | $316,011 | $0 | $36,730 |
| MAE MEDEIROS | VP LABORATORY SERVICES Key employee | 55 | $0 | $282,072 | $44,897 |
| JOHN S MINICHIELLO | FORMER KEY EMPLOYEE Former | 0 | $277,188 | $0 | $21,706 |
| DEAN R CARLSON | VP HUMAN RESOURCES Highest-paid employee | 55 | $197,310 | $0 | $43,745 |
| SUSAN C MARTIN | FORMER KEY EMPLOYEE Former | 0 | $138,012 | $0 | $29,343 |
| JOHN POLANOWICZ | former officer Former | 0 | $136,935 | $0 | $5,613 |
| GARY E FURTADO | CHAIRMAN - DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| R STEPHEN MANTY | VICE CHAIR/TREASURER-DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JAMES A BOTVIN | SECRETARY - DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SHARON CONARD-WELLS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CAROLYN MASTERS PHD RN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOSEPH J MCGAIR ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PATRICK J MURRAY JR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PETER PHILIPS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JUDITH REMONDI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES R REPPUCCI ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARIBETH Q WILLIAMSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 36 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES E FANALE MD | DIR-PRES/CEO/CNE(TERM 12/1/22) Trustee or director, Officer | 55 | $2,193,741 | $0 | $33,794 |
| F JOSEPH IANNONI | EVP/CFO/CNE (TERM 1/31/23) Officer | 55 | $1,190,400 | $0 | $48,349 |
| RAYMOND O POWRIE MD | CHIEF MEDICAL QUALITY OFFICER Key employee | 55 | $0 | $573,917 | $32,574 |
| KEVIN BAILL MD | DIRECTOR - MED DIR OP SVCS/BH Trustee or director | 55 | $0 | $525,964 | $47,073 |
| GAIL E ROBBINS | SVP, FINANCE AND PLANNING Key employee | 55 | $509,222 | $0 | $34,483 |
| ANA TUYA FULTON MD | DIR-CHIEF POP HLTH OFF/CNE Trustee or director | 55 | $436,821 | $0 | $23,426 |
| ARNOLD AVILA | SVP HR Key employee | 55 | $412,336 | $0 | $9,178 |
| ASHLEY M TAYLOR ESQ | ASST. SEC./GEN. COUNSEL/CNE Officer | 55 | $389,648 | $0 | $15,360 |
| JOHN S MINICHIELLO | EXECUTIVE DIRECTOR, INTEGRA Key employee | 55 | $328,788 | $0 | $40,162 |
| BRYAN LIESE | VP, ADMN/INTERIM COO/CNEMG Key employee | 55 | $328,320 | $0 | $30,679 |
| JESSICA MCCARTHY | VP, CHIEF MARKETING OFFICER Key employee | 55 | $326,429 | $0 | $30,410 |
| JOHN DRESSER | SVP, CHIEF PHILANTHROPY OFFICE Highest-paid employee | 55 | $318,559 | $0 | $34,690 |
| STEPHEN M SILVA | VP LOGISTIC & SUPPLY CHAIN Highest-paid employee | 55 | $299,199 | $0 | $30,703 |
| JENNIE HENRIQUES | CHIEF COMPLIANCE OFFICER Key employee | 55 | $308,154 | $0 | $14,972 |
| SUSAN C MARTIN | VP CHIEF ACCT OFF(TERM 5/5/23) Key employee | 55 | $275,778 | $0 | $40,579 |
| JAMES M BURKE | VP FINANCE MED/SURG HOSP Highest-paid employee | 55 | $295,289 | $0 | $19,700 |
| COLLEEN M RAMOS MBA | VP - FINANCE Highest-paid employee | 55 | $278,009 | $0 | $27,879 |
| MARK YERRICK | VP FACILITIES & SUPPORT SVCS. Highest-paid employee | 55 | $284,026 | $0 | $17,366 |
| KRYSTEN BLANCHETTE | VP REV CYCLE Key employee | 55 | $254,099 | $0 | $30,582 |
| MAE MEDEIROS | VP LABORATORY SERVICES Key employee | 55 | $0 | $244,020 | $40,642 |
| GARY SPECIALE | VP RISK MANAGEMENT Key employee | 55 | $236,635 | $0 | $35,955 |
| PHIL KAHN | FORMER KEY EMPLOYEE Former | 0 | $213,112 | $0 | $14,993 |
| JOHN POLANOWICZ | INTERIM COO CNE(9/2022-3/2023) Officer | 55 | $211,510 | $0 | $7,624 |
| MICHAEL E WAGNER MD | DIR-PRES/CEO/CNE(EFF 12/1/22) Trustee or director, Officer | 55 | $79,999 | $0 | $1,656 |
| CHARLES R REPPUCCI ESQ | CHAIRMAN - DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| GARY E FURTADO | CHAIR ELECT - DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PATRICK J MURRAY JR | 1ST VICE CHAIR - DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JUDITH REMONDI | 2ND VICE CHAIR - DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JAMES A BOTVIN | SECRETARY - DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| R STEPHEN MANTY | TREASURER - DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SHARON CONARD-WELLS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CAROLYN MASTERS PHD RN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOSEPH J MCGAIR ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PETER PHILIPS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARIBETH Q WILLIAMSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TODD A CONKLIN | EVP/CFO/CNE (EFF 2/13/23) Officer | 55 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 10 CHARLES STREET SUITE 250, PROVIDENCE, RI 02904-2249
- In care of
- % JOHN E BRONHARD II CPA
- Principal officer (990 for 2024)
- MICHAEL WAGNER MD, 10 CHARLES STREET SUITE 250, PROVIDENCE, RI 02904
- Signed the 990
- TODD CONKLIN, CFO
- Phone
- (401) 455-6267
- Website
- WWW.CARENEWENGLAND.ORG
- Return prepared by
- WithumSmithBrown PC
Mission
CARE NEW ENGLAND IS DEVOTED TO CONTINUALLY IMPROVING THE HEALTH AND WELL-BEING OF THE PEOPLE AND COMMUNITIES WE SERVE. PLEASE REFER TO SCHEDULE O FOR THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT.
Program accomplishments
- CARE NEW ENGLAND HEALTH SYSTEM IS THE HOLDING COMPANY OF A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM WHICH CONSISTS OF BUTLER HOSPITAL, KENT COUNTY MEMORIAL HOSPITAL, WOMEN AND INFANTS HOSPITAL OF RHODE ISLAND, THE MEMORIAL HOSPITAL, WOMEN AND INFANTS CORPORATION, KENT COUNTY VISITING NURSE ASSOCIATION D/B/A VNA OF CARE NEW ENGLAND, AND THEIR SUBSIDIARIES AND AFFILIATES. CARE NEW ENGLAND HEALTH SYSTEM PROVIDES MANAGEMENT SERVICES WHICH INCLUDEs STRATEGIC PLANNING, INVESTMENT MANAGEMENT, CAPITAL FINANCING FOR THE GROUP, LEGAL, PURCHASING, INFORMATION TECHNOLOGY, REVENUE CYCLE, ACCOUNTING, COMPLIANCE/INTERNAL AUDIT, CONTRACTING, RISK MANAGEMENT, MARKETING, WELLNESS, PRINTING AND CREDENTIALLING. PLEASE REFER TO SCHEDULE O FOR THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT.Expenses $165,695,347 · grants $393,500 · revenue $173,796,019
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 05-0490997
- 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
- 1997
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E210)
- Assets (IRS master file)
- $46,491,714
- Income (IRS master file)
- $176,982,804
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $175,544,985 | $184,062,220 | $46,491,714 | XML |
| 990 | September 2024 | $186,560,882 | $194,271,241 | $67,118,060 | XML |
| 990 | September 2023 | $189,328,753 | $179,135,413 | $54,110,952 | XML |
| 990 | September 2022 | $175,954,411 | $187,735,266 | $48,312,739 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 05-0490997).
Questions about CARE NEW ENGLAND HEALTH SYSTEM
- What is the EIN of CARE NEW ENGLAND HEALTH SYSTEM?
- The employer identification number (EIN) of CARE NEW ENGLAND HEALTH SYSTEM is 05-0490997.
- Is CARE NEW ENGLAND HEALTH SYSTEM tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to CARE NEW ENGLAND HEALTH SYSTEM tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does CARE NEW ENGLAND HEALTH SYSTEM 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 CARE NEW ENGLAND HEALTH SYSTEM 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 CARE NEW ENGLAND HEALTH SYSTEM 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 CARE NEW ENGLAND HEALTH SYSTEM?
- The 990 for the year ended September 30, 2025 names MICHAEL WAGNER MD.
- Who are the officers and directors of CARE NEW ENGLAND HEALTH SYSTEM?
- The 990 for the year ended September 30, 2025 lists 31 people; 15 received compensation from the organization, the highest $2,019,519 (MICHAEL E WAGNER MD, DIRECTOR - PRESIDENT/CEO/CNE).
- How much revenue does CARE NEW ENGLAND HEALTH SYSTEM have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $175,544,985, expenses of $184,062,220 and total assets of $46,491,714 at year end.
Other nonprofits in PROVIDENCE
- RHODE ISLAND HOSPITAL EIN 05-0258954 · last filed 990 for 2025
- THE MIRIAM HOSPITAL EIN 05-0258905 · last filed 990 for 2025
- KENT COUNTY MEMORIAL HOSPITAL EIN 05-0258896 · last filed 990 for 2025
- WOMEN & INFANTS HOSPITAL OF RHODE ISLAND EIN 05-0258937 · last filed 990 for 2025
- LIFESPAN CORPORATION EIN 22-2861978 · last filed 990 for 2025
- BROWN MEDICINE EIN 05-0450410 · last filed 990 for 2025
- BROWN EMERGENCY MEDICINE EIN 05-0486254 · last filed 990 for 2025
- COASTAL MEDICAL PHYSICIANS INC EIN 84-4944884 · last filed 990 for 2025