OPERATION STAND DOWN RHODE ISLAND

EIN: 050475772 501(c)(3) Employment

JOHNSTON, RI

Total Revenue
$4,448,052
Total Expenses
$4,493,207
Total Assets
$6,045,021
Net Assets
$3,656,477
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
RI
Principal Officer
ANTHONY DEQUATTRO
Phone
4013734730
Tax Period
2023-01-01 to 2023-12-31

OPERATION STAND DOWN RHODE ISLAND, founded in 1993, is a community nonprofit in the Employment sector that reported $4.4M in total revenue in fiscal year 2023.

Mission

OPERATION STAND DOWN RHODE ISLAND (OSDRI) IS AN INDEPENDENT 501 (C) (3) NONPROFIT ORGANIZATION WHOSE MISSION IS TO PROVIDE A "HAND UP, NOT A HAND OUT." THE MISSION IS TO STRENGTHEN THE VETERAN COMMUNITY BY PROVIDING CRUCIAL WRAP AROUND SERVICES.

Program Service Accomplishments

Program 1
Expenses: $741,963 Revenue: $363,757

FOUNDED IN 1993, THE ORGANIZATION HAS GROWN TO BECOME RHODE ISLAND'S INNOVATIVE AND LEADING NONPROFIT ORGANIZATION DEDICATED TO THE MISSION OF ENDING HOMELESSNESS AMONG VETERANS IN OUR COMMUNITIES...

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FOUNDED IN 1993, THE ORGANIZATION HAS GROWN TO BECOME RHODE ISLAND'S INNOVATIVE AND LEADING NONPROFIT ORGANIZATION DEDICATED TO THE MISSION OF ENDING HOMELESSNESS AMONG VETERANS IN OUR COMMUNITIES. THE ORGANIZATION FOLLOWS THE "HOUSING FIRST MODEL" PROVIDING PERMANENT AND TRANSITIONAL HOUSING COMBINED WITH A FULL RANGE OF SUPPORTIVE SERVICES DESIGNED TO ADDRESS THE INDIVIDUAL VETERAN'S NEEDS WHICH LED TO HIS OR HER STATE OF HOMELESSNESS. SUPPORTIVE SERVICES INCLUDE, BUT ARE NOT LIMITED TO, INTENSIVE CASE MANGEMENT, COORDINATION OF MENTAL HEALTH AND SUBSTANCE ABUSE TREATMENT, ASSISTANCE WITH VETERAN AFFAIRS (VA) BENEFITS AND EMPLOYMENT, TRAINING, AND JOB PLACEMENT SERVICES. OUR FOCUS IS TO GIVE VETERANS A "HAND UP... NOT A HAND OUT." PRESENTLY THE ORGANIZATION OWNS AND OPERATES 66 UNITS OF PERMANENT AND TRANSITIONAL HOUSING FOR DISABLED VETERANS LOCATED IN PROVIDENCE, WEST WARWICK, WOONSOCKET, AND JOHNSTON, RHODE ISLAND. THESE FACILITIES HOUSE DISABLED LOW-INCOME VETERANS WHO PRIOR TO ARRIVING AT THE ORGANIZATION WERE HOMELESS. FOR HOMELESS OR AT-RISK LOW-INCOME VETERANS, WITH OR WITHOUT DISABILITIES, THE ORGANIZATION PROVIDES RENTAL ASSISTANCE AND SUPPORTIVE SERVICES THROUGH THE SUPPORTIVE SERVICES FOR VETERAN FAMILIES (SSVF) GRANT.

Program 2
Expenses: $723,260

THROUGHOUT AMERICA'S HISTORY, IT HAS BEEN OUR MILITARY MEMBERS' TRAINING, VALUES, LEADERSHIP, TEAMWORK, AND "CAN DO ATTITUDE" THAT CARRIED OUR NATION THROUGH GREAT CHALLENGES OF OUR TIMES. THESE SAME...

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THROUGHOUT AMERICA'S HISTORY, IT HAS BEEN OUR MILITARY MEMBERS' TRAINING, VALUES, LEADERSHIP, TEAMWORK, AND "CAN DO ATTITUDE" THAT CARRIED OUR NATION THROUGH GREAT CHALLENGES OF OUR TIMES. THESE SAME SKILLS MAKE VETERANS GOOD FOR AN EMPLOYER'S BOTTOM LINE. DESPITE THESE INVALUABLE ATTRIBUTES, OUR VETERANS FACE MANY CHALLENGES IN REINTEGRATING INTO THE WORKFORCE. WHETHER IT IS LIMITED "IN-DEMAND" WORK SKILLS, UNSTABLE HOUSING, PHYSICAL OR EMOTIONAL INJURIES, THE ORGANIZATION'S VETERAN EMPLOYMENT AND TRAINING SPECIALISTS CAN HELP. THE ORGANIZATION IS ABLE TO WORK WITH ALL VETERANS IN NEED OF WORK THROUGH BOTH PRIVATE AND STATE GRANT PROGRAMS. THE REAL PATHWAYS PROGRAM ADMINISTERED BY THE ORGANIZATION IS FUNDED IN PART BY FUNDS RECEIVED THROUGH THE GOVERNOR'S WORKFORCE BOARD "REAL PATHWAYS RI PROGRAM." REAL PATHWAYS RI IS A WORKFORCE DEVELOPMENT INITIATIVE DESIGNED TO ADDRESS EMPLOYEMENT CHALLENGES OF INDIVIDUALS WITH BARRIERS TO EMPLOYMENT. COMBINING THE RESOURCES OF THE ORGANIZATIONS 66 UNITS OF PERMANENT AND TRANSITIONAL HOUSING FOR HOMELESS DISABLED VETERANS, THE SSVF, AND THE REAL PATHWAYS PROGRAMS, THE ORGANIZATION IMPLEMENTS THE "WHOLE VETERAN" APPROACH FOCUSING ON REMOVING BARRIERS TO EMPLOYMENT. THE ORGANIZATION'S REAL PATHWAYS EMPLOYMENT AND TRAINING PROGRAM IS FOCUSED ON PROVIDING VETERANS THE EMPLOYEMNT AND TRAINING SERVICES THEY NEED IN ORDER TO RE-ENTER THE LABOR FORCE. JOB PLACEMENT, TRAINING, JOB DEVELOPMENT, CAREER COUNSELING, AND RESUME PREPARATION, ARE AMONG THE SERVICES THAT ARE PROVIDED. SUPPORTIVE SERVICES SUCH AS CLOTHING, TEMPORARY FINANCIAL ASSISTANCE WITH HOUSING, REFERRAL TO MEDICAL AND SUBSTANCE ABUSE TREATMENT, CHILDCARE, LEGAL ASSISTANCE, AND TRANSPORTATION COORDINATION ARE ALSO PROVIDED TO MEET THE NEEDS OF THIS TARGET GROUP. ALL VETERANS AND VETERAN SPOUSES ARE ELIGIBLE FOR EMPLOYMENT AND TRAINING ASSISTANCE. SOME TYPES OF ASSISTANCE UNDER THE PROGRAM MAY BE LIMITED BASED INCOME.

Program 3
Expenses: $2,372,844

THE ORGANIZATION PROVIDES FINANCIAL AND SUPPORT SERVICES TO VETERANS AND VETERAN FAMILIES THAT ARE HOMELESS OR IMMINENTLY AT-RISK OF BEING HOMELESS THROUGH THE SSVF PROGRAM. THROUGH THE SSVF PROGRAM...

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THE ORGANIZATION PROVIDES FINANCIAL AND SUPPORT SERVICES TO VETERANS AND VETERAN FAMILIES THAT ARE HOMELESS OR IMMINENTLY AT-RISK OF BEING HOMELESS THROUGH THE SSVF PROGRAM. THROUGH THE SSVF PROGRAM, THE ORGANIZATION AIMS TO IMPROVE VERY LOW-INCOME VETERAN FAMILIES' HOUSING STABILITY BY PROVIDING ELIGIBLE INDIVIDUAL VETERANS AND VETERAN FAMILIES WITH OUTREACH, CASE MANAGEMENT, AND ASSISTANCE IN OBTAINING VA AND OTHER BENEFITS. IN ADDITION, THE ORGANIZATION MAY ALSO PROVIDE TIME-LIMITED PAYMENTS TO THIRD PARTIES (E.G., LANDLORDS, UTILITY COMPANIES, MOVING COMPANIES, AND LICENSED CHILD CARE PROVIDERS) IF THESE PAYMENTS HELP VETERAN'S FAMILIES STAY IN OR ACQUIRE PERMANENT HOUSING ON A SUSTAINABLE BASIS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,661,258
Program Service Revenue $209,766
Investment Income $5,202
Other Revenue $571,826
TOTAL REVENUE $4,448,052

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,157,986
Fundraising Expenses $0
Program Expenses $4,315,966
Other Expenses $2,335,221
TOTAL EXPENSES $4,493,207

Year-over-Year Comparison

2023 2022 Change
Revenue $4,448,052 $4,168,522 +0.1%
Expenses $4,493,207 $4,137,876 +0.1%
Net Income $-45,155 $30,646 -2.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
11
Employees
33
Volunteers
N/A

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
4
$141,970
Total Directors
11
$141,970
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIK WALLIN ESQ EXECUTIVE DIRECTOR 40.00
Officer Director
$141,970 $0 $141,970
ANTHONY DEQUATTRO PRESIDENT/CHAIRMAN 15.00
Officer Director
$0 $0 $0
RICHARD LEVESQUE VP 1.00
Officer Director
$0 $0 $0
MICHAEL BOUTIETTE DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER SALISBURY SECRETARY 1.00
Officer Director
$0 $0 $0
FRANK LOMBARDO III DIRECTOR 1.00
Director
$0 $0 $0
DANIEL ISSA DIRECTOR 1.00
Director
$0 $0 $0
JOHN ROBITAILLE DIRECTOR 1.00
Director
$0 $0 $0
LYNN ST GERMAN-LUNDH DIRECTOR 1.00
Director
$0 $0 $0
ERNEST ALMONTE DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL PREVITY TREASURER 1.00
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 No data No data No data No data
2023 $4,448,052 $4,493,207 $6,045,021 $-45,155
2022 $4,168,522 $4,137,876 $6,230,324 $30,646
2021 $3,963,550 $3,652,895 $6,033,702 $310,655
2020 $3,439,184 $3,310,255 $5,690,153 $128,929
2019 $2,653,268 $2,800,895 $5,519,237 $-147,627
2018 $2,644,480 $2,429,723 $5,658,099 $214,757
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