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Nonprofit · EIN 88-3384614

BIOLOGICAL MEDICINE INSTITUTE

Tax-exempt · PROVIDENCE, RI 02903

Financials

$1.6M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of BIOLOGICAL MEDICINE INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,630,842$1,623,473$7,369$4,473,011$156,862$4,316,149
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,221,636
Program service revenue
$0
Investment income
$63
Net income from sales of inventory
$409,143
Other revenue
$409,143

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$319,372
Other salaries and wages
$450,961
Salaries, compensation and benefits (total)
$869,952
Professional fundraising fees
$0
Legal fees
$96,744
Accounting fees
$25,595
Occupancy
$250,724
Travel
$14,222
Program services (functional)
$1,623,473

Balance sheet and other

Total assets, start of year
$4,427,331
Total assets, end of year
$4,473,011
Total liabilities, end of year
$156,862
Net assets, end of year
$4,316,149
Land, buildings and equipment
$3,424,218
Net assets without donor restrictions
$4,316,149
Gross receipts
$2,043,373
Employees
20
Volunteers
0
Year formed
2022
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 / weekCompensation
MARLANE BASSETTDOCTOR
Highest-paid employee
40$208,142
COLIN BARRYPRESIDENT
Trustee or director, Officer
1$57,230
CHRISTINE DIONESEDIRECTOR
Trustee or director
1$54,000
MICHAEL BALDWINTREASURER
Trustee or director, Officer
1$0
MARGHERITA BALDWINSECRETARY
Trustee or director, Officer
1$0
MICHAEL DELMONICODIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
111 CHESTNUT ST, PROVIDENCE, RI 02903-4169
Mailing address (990-N for 2023)
111 CHESTNUT STREET, PROVIDENCE RI 02903
Principal officer (990 for 2024)
COLIN BARRY, 111 CHESTNUT STREET, PROVIDENCE, RI 02903
Principal officer (990-N for 2023)
COLIN BARRY, 111 CHESTNUT STREET, PROVIDENCE RI 02903
Signed the 990
COLIN BARRY, PRESIDENT
Phone
(401) 443-4007
Return prepared by
MULLEN SCORPIO & CERILLI

Mission

BIOLOGICAL MEDICINE INSTITUTE'S MISSION IS TO ADDRESS SEVERAL CRITICAL ASPECTS OF THE CURRENT HEALTH CARE CRISIS. WE ARE COMMITTED TO PROVIDING AFFORDABLE HIGH QUALITY INTEGRATIVE HEALTHCARE AND TO EMPOWERING OUR PATIENTS TOWARDS GREATER PARTICIPATION IN AND ADVOCACY FOR THEIR OWN HEALTH AND WELLNESS THROUGH EDUCATION AND COUNSELING.

990 for the year ended December 31, 2024

Program accomplishments

  • THE DENTAL DEPARTMENT, ALSO REFERRED TO AS A DENTAL CLINIC OR PRACTICE, IS A HEALTHCARE FACILITY WHERE DENTISTS AND THEIR SUPPORTING STAFF PROVIDE ORAL HEALTH TREATMENTS AND PROCEDURES TO PATIENTS, INCLUDING ROUTINE CHECKUPS, CLEANINGS, FILLINGS, ROOT CANALS, CROWNS, AND MORE, BY UTILIZING SPECIALIZED DENTAL EQUIPMENT IN A DEDICATED TREATMENT AREA, WITH A FOCUS ON PREVENTATIVE CARE AND PATIENT EDUCATION.
    Expenses $105,894 · revenue $26,691
  • THE CONSULTATION PROCESS INCLUDES A DOCTOR CONSULT, ALSO KNOWN AS A PHYSICIAN CONSULTATION, IS A MEETING BETWEEN A PATIENT AND DOCTOR WHERE THE PATIENT DISCUSSES THEIR HEALTH CONCERNS, THE DOCTOR CONDUCTS A MEDICAL EXAMINATION (IF NECESSARY), AND TOGETHER THEY WORK TO REACH A DIAGNOSIS, DEVELOP A TREATMENT PLAN, AND ADDRESS ANY QUESTIONS THE PATIENTMAY HAVE ABOUT THEIR HEALTH CONDITION.
    Expenses $185,205 · revenue $46,682
  • THE MEDICAL THERAPIES DEPARTMENT WITHIN A HEALTHCARE FACILITY IS A SPECIALIZED UNIT FOCUSED ON PROVIDING VARIOUS THERAPEUTIC TREATMENTS TO PATIENTS, AIMING TO RESTORE FUNCTION, MANAGE PAIN, AND IMPROVE OVERALL HEALTH THROUGH MODALITIES. DEPENDING ON THE FACILITY AND PATIENT NEEDS;ESSENTIALLY, IT'S A DEDICATED AREA WHERE PATIENTS RECEIVE HANDS-ON CARE TO ADDRESS PHYSICAL LIMITATIONS OR DISABILITIES CAUSED BY INJURY, ILLNESS, OR SURGERY, OFTEN WORKING COLLABORATIVELY WITH OTHER HEALTHCARE PROFESSIONALS TO DEVELOP INDIVIDUALIZED TREATMENT PLANS. THERAPIES INCLUDE AND ARE NOT LIMITED TO AMP COILS, BIA, EWOT, FLOWPRESSO, FOOTBATH, HEMOSONIC, HRV, IVS, LASERS, LUMICEUTICALS, HBOT, SINGLET, SONIX, SOUNDBED, THERMOMETRY, ZYTO, ETC.
    Expenses $1,332,374 · revenue $335,833

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-N on file

IRS record

EIN
88-3384614
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E32)
Assets (IRS master file)
$4,473,011
Income (IRS master file)
$2,043,373

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,630,842$1,623,473$4,473,011XML
990-N for 2023
Officer: COLIN BARRY
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: COLIN BARRY
December 31, 2022≤ $50,000 receipts––e-Postcard

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 88-3384614).

Questions about BIOLOGICAL MEDICINE INSTITUTE

What is the EIN of BIOLOGICAL MEDICINE INSTITUTE?
The employer identification number (EIN) of BIOLOGICAL MEDICINE INSTITUTE is 88-3384614.
Is BIOLOGICAL MEDICINE INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to BIOLOGICAL MEDICINE INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BIOLOGICAL MEDICINE INSTITUTE 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 BIOLOGICAL MEDICINE INSTITUTE 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 BIOLOGICAL MEDICINE INSTITUTE 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 BIOLOGICAL MEDICINE INSTITUTE?
The 990 for the year ended December 31, 2024 names COLIN BARRY.
Who are the officers and directors of BIOLOGICAL MEDICINE INSTITUTE?
The 990 for the year ended December 31, 2024 lists 6 people; 3 received compensation from the organization, the highest $208,142 (MARLANE BASSETT, DOCTOR).
How much revenue does BIOLOGICAL MEDICINE INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,630,842, expenses of $1,623,473 and total assets of $4,473,011 at year end.

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