BROWN EMERGENCY MEDICINE INC

EIN: 050486254 501(c)(3) Health Care

PROVIDENCE, RI

Total Revenue
$89,109,056
Total Expenses
$86,219,251
Total Assets
$48,053,461
Net Assets
$29,899,844
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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
RI
Principal Officer
LINDA BROWN MD
Phone
4015191610
Tax Period
2023-10-01 to 2024-09-30

BROWN EMERGENCY MEDICINE INC, founded in 1995, is a mid-sized nonprofit in the Health Care sector that reported $89.1M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $86.2M left a modest 3% surplus.

Mission

TO PROVIDE EXCEPTIONAL EMERGENCY MEDICAL CARE, EDUCATION, RESEARCH, AND SERVICE TO THE PEOPLE OF RHODE ISLAND AND BEYOND.

Program Service Accomplishments

Program 1
Expenses: $74,954,849 Revenue: $86,820,832

THE ORGANIZATION UNDERTAKES MULTIPLE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES, INCLUDING:(A) PROVIDING EMERGENCY MEDICAL SERVICES AND URGENT MEDICAL CARE TO THE SICK AND INJURED WHO MAY COME...

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THE ORGANIZATION UNDERTAKES MULTIPLE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES, INCLUDING:(A) PROVIDING EMERGENCY MEDICAL SERVICES AND URGENT MEDICAL CARE TO THE SICK AND INJURED WHO MAY COME FOR DIAGNOSIS, TREATMENT, AND CARE WITHOUT REGARD TO RACE, COLOR, CREED, SEX, AGE OR ABILITY TO PAY FOR SERVICES, AND TO PROVIDE SUCH MEDICAL SERVICES TO ALL PERSONS WHO MAY SEEK CARE AT RIH, TMH, HASBRO, NPT AND WIH.(B) COORDINATING, OVERSEEING, AND MONITORING CLINICAL PROGRAMS AND SERVICES.(C) PARTICIPATING IN RESEARCH TO ALLEVIATE HUMAN SUFFERING.(D) PROVIDING TEACHING SERVICES TO MEDICAL STUDENTS AND TO GRADUATES OF MEDICAL AND OSTEOPATHIC SCHOOLS WHO ARE IN POSTGRADUATE TRAINING PROGRAMS.(E) EMPLOYING HIGH-QUALITY TEACHING AND CLINICAL PHYSICIANS TO PROMOTE THE EDUCATIONAL AND PATIENT CARE MISSIONS OF HOSPITALS.(F) PARTICIPATING IN JOINT PLANNING AND DELIVERY OF TEACHING, RESEARCH, AND CLINICAL SERVICES.BROWN EMERGENCY MEDICINE (BROWN EM) PROVIDES EMERGENCY MEDICAL SERVICES, CONDUCTS MEDICAL RESEARCH, AND EDUCATES MEDICAL RESIDENTS, FELLOWS, MEDICAL STUDENTS AND OTHERS. BROWN EM PROVIDES THESE SERVICES THROUGH AFFILIATIONS WITH RHODE ISLAND HOSPITAL (RIH), HASBRO CHILDREN'S HOSPITAL (HASBRO), THE MIRIAM HOSPITAL (TMH), NEWPORT HOSPITAL, AND WOMEN AND INFANTS HOSPITAL (WIH).BROWN EM IS THE ACADEMIC EMERGENCY MEDICINE PHYSICIAN PRACTICE PLAN OF THE DEPARTMENT OF EMERGENCY MEDICINE AT THE ALPERT MEDICAL SCHOOL OF BROWN UNIVERSITY, BROWN UNIVERSITY HEALTH'S RHODE ISLAND HOSPITAL, AND THE MIRIAM HOSPITAL. WITH APPROXIMATELY 100 FULL TIME PHYSICIANS AND 40 MID-LEVEL PROVIDERS, BROWN EM PROVIDES EMERGENCY DEPARTMENT STAFFING FOR RIH, THE REGION'S ONLY LEVEL 1 TRAUMA CENTER, HASBRO, THE STATE'S ONLY CHILDREN'S SPECIALTY HOSPITAL, TMH, WHICH IS A LEADING COMMUNITY TEACHING HOSPITAL, AND NEWPORT HOSPITAL. ALL BEM MEMBER PHYSICIANS ARE BOARD CERTIFIED IN EMERGENCY MEDICINE OR PEDIATRIC EMERGENCY MEDICINE.DURING THE YEAR ENDED SEPTEMBER 30, 2024, THE ORGANIZATION PROVIDED EMERGENCY MEDICAL CARE TO 247,662 PATIENTS. IN ADDITION, OVER 100 RESIDENTS AND 8 FELLOWS RECEIVED TEACHING, HUNDREDS OF INDIVIDUALS RECEIVED TRAINING IN A SIMULATION CENTER, DOZENS OF MEDICAL STUDENTS FROM OTHER DEPARTMENTS ROTATED THROUGH THE EMERGENCY DEPARTMENT TO RECEIVE EDUCATION SERVICES.THE ORGANIZATION PROVIDES CARE TO CERTAIN PATIENTS WHO ARE UNINSURED, WITHOUT CHARGE OR AT AMOUNTS LESS THAN ITS ESTABLISHED RATES. DURING THE YEAR ENDED SEPTEMBER 30, 2024, EXPENSES ESTIMATED AT $1.7M AROSE FROM PROVIDING SERVICES TO CHARITY PATIENTS. THE ESTIMATED COSTS OF PROVIDING CHARITY SERVICES ARE BASED ON A CALCULATION WHICH APPLIES A RATIO OF COSTS TO CHARGES TO THE GROSS UNCOMPENSATED CHARGES ASSOCIATED WITH PROVIDING CARE TO CHARITY PATIENTS.THE ORGANIZATION'S TEACHING MISSION WAS CARRIED OUT BY 87% OF THE ORGANIZATION'S PHYSICIANS WHO ARE ON THE FACULTY AT BROWN UNIVERSITY FOR THE YEAR ENDED SEPTEMBER 30, 2024. THE ORGANIZATION'S PHYSICIANS PROVIDE TEACHING SERVICES TO MORE THAN 100 BROWN UNIVERSITY MEDICAL STUDENTS AT A COST TO THE ORGANIZATION THAT EXCEEDED THE STIPEND FOR THE TEACHING SERVICES PROVIDED. FOR THE YEAR ENDED SEPTEMBER 30, 2024, THE ORGANIZATION'S CONTRIBUTION TO UNFUNDED TEACHING SERVICES IS ESTIMATED AT $2,474,000.THE ORGANIZATION ALSO SUPPORTS ITS PHYSICIANS WHO ARE INVOLVED IN STUDIES TO FURTHER THE SCIENCE OF MEDICAL RESEARCH. THESE PHYSICIANS TYPICALLY FUNCTION AS PRINCIPAL INVESTIGATORS OR CO-INVESTIGATORS ON GRANT-FUNDED STUDIES CONDUCTED IN CONJUNCTION WITH BROWN UNIVERSITY HEALTH AND BROWN UNIVERSITY. FOR THE YEAR ENDED SEPTEMBER 30, 2024, THE ORGANIZATION'S CONTRIBUTION TO UNFUNDED RESEARCH IS ESTIMATED AT $7,156,100.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,735,570
Program Service Revenue $86,820,832
Investment Income $552,654
Other Revenue $0
TOTAL REVENUE $89,109,056

Expense Breakdown

Grants Paid $11,750
Salaries & Benefits $76,551,857
Fundraising Expenses $0
Program Expenses $74,954,849
Other Expenses $9,655,644
TOTAL EXPENSES $86,219,251

Year-over-Year Comparison

2023 2022 Change
Revenue $89,109,056 $73,436,475 +0.2%
Expenses $86,219,251 $72,866,976 +0.2%
Net Income $2,889,805 $569,499 +4.1%
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
9
Independent Members
N/A
Employees
426
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
3
$1,511,047
Total Directors
9
$4,176,033
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LINDA BROWN PRESIDENT AND CHAIR 40.00
Officer Director
$587,996 $43,088 $631,084
GARY BUBLY TREASURER 40.00
Officer Director
$430,139 $47,985 $478,124
ALEXIS KEARNEY SECRETARY 40.00
Officer Director
$330,913 $70,926 $401,839
MARK ZONFRILLO DIRECTOR 40.00
Director
$362,731 $53,974 $416,705
WILLIAM BINDER DIRECTOR 40.00
Director
$234,075 $62,681 $296,756
ACHYUT KAMAT DIRECTOR 40.00
Director
$393,169 $71,221 $464,390
CHRISTOPHER MERRITT DIRECTOR 40.00
Director
$295,969 $66,901 $362,870
ANDREW NATHANSON DIRECTOR 40.00
Director
$352,101 $64,395 $416,496
ANGELA CALIENDO DIRECTOR 1.00
Director
$0 $69,297 $707,769
ANTHONY NAPOLI PHYSICIAN 40.00
Highest
$522,677 $71,565 $594,242
JAMES MONTI PHYSICIAN 40.00
Highest
$468,876 $69,871 $538,747
BRIAN CLYNE PHYSICIAN 40.00
Highest
$467,506 $68,930 $536,436
GREGORY JAY PHYSICIAN 40.00
Highest
$458,750 $65,216 $523,966
CHARLES STENGEL PHYSICIAN 40.00
Highest
$449,802 $64,707 $514,509
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 $89,109,056 $86,219,251 $48,053,461 $2,889,805
2023 $73,436,475 $72,866,976 $36,445,280 $569,499
2022 $68,493,704 $67,466,488 $33,353,494 $1,027,216
2021 $72,293,129 $67,645,100 $33,521,686 $4,648,029
2020 $72,035,672 $63,136,288 $27,807,802 $8,899,384
2019 $65,075,969 $65,373,210 $19,176,002 $-297,241
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