WOMEN & INFANTS HOSPITAL OF RI

EIN: 050258937 501(c)(3) Health Care

PROVIDENCE, RI

Total Revenue
$595,097,982
Total Expenses
$554,599,120
Total Assets
$503,255,559
Net Assets
$354,855,340
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1884
Legal Domicile
RI
Principal Officer
SHANNON SULLIVAN
Phone
4014556267
Tax Period
2023-10-01 to 2024-09-30

WOMEN & INFANTS HOSPITAL OF RI, founded in 1884, is a major nonprofit in the Health Care sector that reported $595.1M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $554.6M left a modest 7% surplus.

Mission

WOMEN & INFANTS HOSPITAL OF RHODE ISLAND, A TEACHING HOSPITAL OF THE WARREN ALPERT SCHOOL OF MEDICINE AT BROWN UNIVERSITY, IS COMMITTED TO IMPROVING THE HEALTH AND WELL BEING OF WOMEN AND INFANTS AND TO PROVIDING ESSENTIAL SERVICES REGARDLESS OF ABILITY TO PAY. PLEASE REFER TO SCHEDULE O FOR THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT.

Program Service Accomplishments

Program 1
Expenses: $499,150,911 Revenue: $583,732,708

THE HOSPITAL IS THE REGIONAL CENTER FOR WOMEN AND INFANTS HEALTHCARE IN RHODE ISLAND AND ENVIRONS, PROVIDING CARE IN THE AREAS OF OBSTETRICS, NEONATAL INTENSIVE CARE, REPRODUCTIVE ENDOCRINOLOGY...

Read more

THE HOSPITAL IS THE REGIONAL CENTER FOR WOMEN AND INFANTS HEALTHCARE IN RHODE ISLAND AND ENVIRONS, PROVIDING CARE IN THE AREAS OF OBSTETRICS, NEONATAL INTENSIVE CARE, REPRODUCTIVE ENDOCRINOLOGY, MATERNAL FETAL MEDICINE AND GYNECOLOGY. PLEASE REFER TO SCHEDULE O FOR THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,839,421
Program Service Revenue $581,969,847
Investment Income $3,410,588
Other Revenue $1,878,126
TOTAL REVENUE $595,097,982

Expense Breakdown

Grants Paid $117,032
Salaries & Benefits $240,493,535
Fundraising Expenses $0
Program Expenses $499,150,911
Other Expenses $313,988,553
TOTAL EXPENSES $554,599,120

Year-over-Year Comparison

2023 2022 Change
Revenue $595,097,982 $542,139,572 +0.1%
Expenses $554,599,120 $529,850,153 +0.0%
Net Income $40,498,862 $12,289,419 +2.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
14
Independent Members
11
Employees
2718
Volunteers
45

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$4,589,983
Total Directors
14
$2,968,398
Key Employees
4
$1,350,397
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL E WAGNER MD DIRECTOR - PRESIDENT/CEO/CNE 55.0
Officer Director
$0 $32,601 $1,721,011
JAMES E FANALE MD FORMER OFFICER 0.0
$0 $140,001 $1,457,642
F JOSEPH IANNONI FORMER OFFICER 0.0
$0 $83,899 $890,828
SHANNON SULLIVAN PRESIDENT & COO 55.0
Officer
$704,059 $96,163 $800,222
METHODIUS TUULI MD VP OF MEDICAL AFFAIRS 55.0
Highest
$716,084 $83,787 $799,871
RAYMOND O POWRIE MD EXECUTIVE CHIEF OF MEDICINE 55.0
Officer
$741,865 $33,225 $775,090
TODD A CONKLIN ASST. TREAS./EVP/CFO/CNE 55.0
Officer
$0 $26,659 $733,881
KEVIN BAILL MD DIRECTOR - MED DIR OP SVCS/BH 55.0
Director
$0 $52,549 $635,307
ANA TUYA FULTON MD DIR-CHIEF POP HLTH OFF/CNE 55.0
Director
$0 $21,160 $612,080
ASHLEY M TAYLOR ESQ ASST. SEC./GEN. COUNSEL/CNE 55.0
Officer
$0 $17,484 $559,779
NEJAT ZEYNELOGLU MD CMO 55.0
Key Emp
$444,374 $19,039 $463,413
KENNETH CHEN MD DIV DIR OF OB/GYN 55.0
Highest
$337,910 $40,012 $377,922
KIM FRANCIS PHD PHCNS-BC CNO 55.0
Key Emp
$313,638 $22,713 $336,351
MAE MEDEIROS VP - CNE LABORATORY SERVICES 55.0
Key Emp
$282,072 $44,897 $326,969
GERALYN M MESSERLIAN DIR MED SCREEN & SPEC TEST 55.0
Highest
$266,779 $51,529 $318,308
BARRY M LESTER PHD DIR BROWN CENTER BCSCR 55.0
Highest
$216,167 $36,244 $252,411
ELIZABETH ROCHIN PHD RN LSSGB PRESIDENT NPIC 55.0
Highest
$211,335 $30,593 $241,928
THOMAS P RICCI III VP - FINANCE 55.0
Key Emp
$44,387 $26,780 $223,664
MARYBETH TAUB FORMER KEY EMPLOYEE 0.0
$191,869 $17,410 $209,279
COLLEEN M RAMOS MBA FORMER KEY EMPLOYEE 0.0
$0 $15,736 $155,890
GARY E FURTADO CHAIRMAN - DIRECTOR 1.0
Officer Director
$0 $0 $0
R STEPHEN MANTY VICE CHAIR/TREASURER-DIRECTOR 1.0
Officer Director
$0 $0 $0
JAMES A BOTVIN SECRETARY - DIRECTOR 1.0
Officer Director
$0 $0 $0
SHARON CONARD-WELLS DIRECTOR 1.0
Director
$0 $0 $0
CAROLYN MASTERS PHD RN DIRECTOR 1.0
Director
$0 $0 $0
JOSEPH J MCGAIR ESQ DIRECTOR 1.0
Director
$0 $0 $0
PATRICK J MURRAY JR DIRECTOR 1.0
Director
$0 $0 $0
PETER PHILIPS DIRECTOR 1.0
Director
$0 $0 $0
JUDITH REMONDI DIRECTOR 1.0
Director
$0 $0 $0
CHARLES R REPPUCCI ESQ DIRECTOR 1.0
Director
$0 $0 $0
MARIBETH Q WILLIAMSON DIRECTOR 1.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $595,097,982 $554,599,120 $503,255,559 $40,498,862
2023 $542,139,572 $529,850,153 $448,203,105 $12,289,419
2022 $531,967,885 $506,853,732 $430,911,606 $25,114,153
2021 $496,983,161 $495,825,616 $407,416,108 $1,157,545
2020 $484,082,923 $489,528,161 $395,028,534 $-5,445,238
2019 $487,135,304 $491,135,942 $331,802,591 $-4,000,638
2018 $484,343,833 $470,009,365 $336,143,544 $14,334,468
Explore More Nonprofits
→Top 100 Nonprofits in Rhode Island →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare WOMEN & INFANTS HOSPITAL OF RI with other nonprofits in Rhode Island and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.