PROVIDENCE ROSSI ASSOCIATION

EIN: 311584166 501(c)(3) Housing & Shelter

RENTON, WA

Total Revenue
$199,370
Total Expenses
$252,584
Total Assets
$457,089
Net Assets
$410,075
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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
WA
Principal Officer
ERIK WEXLER
Phone
8553605478
Tax Period
2024-01-01 to 2024-12-31

PROVIDENCE ROSSI ASSOCIATION, founded in 1997, is a small nonprofit in the Housing & Shelter sector that reported $199K in total revenue in fiscal year 2024. Expenses of $253K exceeded revenue, resulting in a 27% operating deficit.

Mission

AS EXPRESSIONS OF GOD'S HEALING LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.

Program Service Accomplishments

Program 1
Expenses: $229,574 Revenue: $64,462

AT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND...

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AT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND MAKING OUR SERVICES MORE CONVENIENT, ACCESSIBLE AND AFFORDABLE FOR ALL. IN AN INCREASINGLY UNCERTAIN WORLD, WE ARE COMMITTED TO HIGH-QUALITY, COMPASSIONATE HEALTH CARE FOR EVERYONE - REGARDLESS OF COVERAGE OR ABILITY TO PAY. WE HELP PEOPLE AND COMMUNITIES BENEFIT FROM THE BEST HEALTH CARE MODEL FOR THE FUTURE - TODAY. TOGETHER, OUR 125,000 CAREGIVERS (ALL EMPLOYEES) SERVE IN 51 HOSPITALS, 1,014 CLINICS AND A COMPREHENSIVE RANGE OF HEALTH AND SOCIAL SERVICES ACROSS ALASKA, CALIFORNIA, MONTANA, NEW MEXICO, OREGON, TEXAS AND WASHINGTON. THE PROVIDENCE AFFILIATE FAMILY INCLUDES: -PROVIDENCE ACROSS FIVE WESTERN STATES -COVENANT HEALTH IN WEST TEXAS AND NEW MEXICO -FACEY MEDICAL GROUP IN LOS ANGELES, CA -KADLEC IN SOUTHEAST WASHINGTON -PACIFIC MEDICAL CENTERS IN SEATTLE, WA -SWEDISH HEALTH SERVICES IN SEATTLE, WA IN 2024, PROVIDENCE MINISTRIES AND AFFILIATES PROVIDED $1.9 BILLION IN COMMUNITY BENEFIT PROGRAMS. THIS INCLUDES FREE AND DISCOUNTED CARE, UNCOMPENSATED AND SUBSIDIZED CARE, AND OTHER COMMUNITY HEALTH ACTIVITIES. ONE OF THESE VITAL PROGRAMS, MEDICAID, IS A LIFELINE FOR MILLIONS OF INDIVIDUALS, INCLUDING SENIORS, CHILDREN, PREGNANT PATIENTS, THOSE WITH DISABILITIES AND VETERANS. WE ARE GRATEFUL TO EVERYONE IN OUR COMMUNITIES WHO HAS JOINED US IN ADVOCATING FOR CONTINUED FUNDING AND EXPANSION OF THIS PROGRAM. TOGETHER, WE ARE HELPING TO ENSURE MORE PEOPLE HAVE ACCESS TO NEEDED CARE. FOR MORE INFORMATION GO TO: HTTPS://WWW.PROVIDENCE.ORG/ABOUT/ANNUAL-REPORT THROUGH OUR COMMUNITY BENEFIT PROGRAMS, WE FOCUS ON MEETING THE DIVERSE NEEDS OF THE PEOPLE WE SERVE BY WORKING TO ENSURE BASIC HEALTH NEEDS ARE MET, REMOVING BARRIERS TO CARE, BUILDING COMMUNITY RESILIENCE AND INNOVATING FOR THE FUTURE. PROVIDENCE CONTINUES TO WORK TOWARDS CARBON NEGATIVE AND IN 2024 DECREASED EMISSIONS BY 19 PERCENT COMPARED TO OUR 2019 BASELINE. OUR EFFORTS EARNED US A SYSTEM RECORD 55 ENVIRONMENTAL EXCELLENCE AWARDS FROM PRACTICE GREENHEALTH AND MADE US THE FIRST LARGE SYSTEM TO RECEIVE THE JOINT COMMISSION'S SUSTAINABLE HEALTHCARE CERTIFICATION IN 2024 FOR EACH OF OUR HOSPITALS. PROGRAM SERVICE ACCOMPLISHMENTSPROVIDE SUBSIDIZED HOUSING WITH APARTMENTS TO LOW INCOME ELDERLY AND PHYSICALLY DISABLED PERSONS.OVERVIEWPROVIDENCE ROSSI HOUSE IS A HIGH-QUALITY, SUPPORTIVE HOUSING PROGRAM SPONSORED, OWNED AND OPERATED BY PROVIDENCE HEALTH & SERVICES. DESIGNED AND BUILT ESPECIALLY FOR LOW-INCOME, AGING SENIORS, PRIVATE APARTMENTS IN TWO ADJACENT BUILDINGS AFFORD ALL THE COMFORTS OF HOME. EACH APARTMENT INCLUDES FULL KITCHEN AMENITIES WITH A DINING AREA, A PRIVATE BATHROOM WITH TUB OR WALK-IN SHOWER, BUILT-IN STORAGE AND AN OPEN FLOOR PLAN. SHARED LAUNDRY FACILITIES AND WELCOMING COMMUNITY SPACES ARE AVAILABLE TO ALL RESIDENTS.LOCATED IN CENTRALIA, WASHINGTON, PROVIDENCE ROSSI HOUSE IS NESTLED AMONG TREES AND METICULOUSLY KEPT GROUNDS NEAR THE CHEHALIS RIVER. PUBLIC TRANSPORTATION PROVIDES EASY ACCESS TO LOCAL DOCTORS' OFFICES, BANKS, GROCERY STORES, CHURCHES AND ENTERTAINMENT. THE COMMUNITY IS A PERFECT CHOICE FOR COMFORTABLE, SECURE AND AFFORDABLE HOUSING FOR SENIORS.PROVIDENCE PLACES A HIGH VALUE IN SUPPORTING INDIVIDUAL RESIDENTS AND CREATING A VIBRANT COMMUNITY BY PROVIDING RAISED GARDEN BEDS, A SHARED COMPUTER STATION WITH INTERNET ACCESS, GATHERING SPACE FOR RESIDENT GROUPS, AND A VARIETY OF SCHEDULED ACTIVITIES INCLUDING EDUCATIONAL AND RECREATIONAL PROGRAMMING. THE SERVICE COORDINATOR HELPS RESIDENTS IDENTIFY AND ACCESS LOCAL RESOURCES AND SERVICES, AND ADVOCATES FOR RESIDENTS WHO NEED ASSISTANCE.PROVIDENCE ROSSI HOUSE RECEIVES AN OPERATING SUBSIDY FROM THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). HUD REQUIREMENTS STATE THAT APPLICANTS FOR HOUSING AT PROVIDENCE ROSSI HOUSE MUST BE AT LEAST 62 YEARS OF AGE AT THE TIME OF APPLICATION AND THEIR ANNUAL INCOME CANNOT EXCEED 50% OF THE AREA MEDIAN INCOME. RESIDENTS PAY APPROXIMATELY 30% OF THEIR MONTHLY INCOME TOWARD THEIR RENT AND UTILITIES.PROVIDENCE ROSSI HOUSE PROVIDES EQUAL HOUSING OPPORTUNITIES FOR ALL PROSPECTIVE TENANTS REGARDLESS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, DISABILITY, PARENTAL/FAMILY STATUS, MARITAL STATUS, AGE, ANCESTRY, SEXUAL ORIENTATION, CREED, POLITICAL IDEOLOGY, GENDER IDENTITY OR MEMBERSHIP IN ANY OTHER CLASS OF PERSONS.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $134,908
Program Service Revenue $59,492
Investment Income $0
Other Revenue $4,970
TOTAL REVENUE $199,370

Expense Breakdown

Grants Paid $0
Salaries & Benefits $55,168
Fundraising Expenses $0
Program Expenses $229,574
Other Expenses $197,416
TOTAL EXPENSES $252,584

Year-over-Year Comparison

2024 2023 Change
Revenue $199,370 $190,484 +0.0%
Expenses $252,584 $184,514 +0.4%
Net Income $-53,214 $5,970 -9.9%
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
12
Employees
N/A
Volunteers
14

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
$14,060,676
Total Directors
12
$450,480
Key Employees
1
$620,481
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIK WEXLER PRESIDENT 0.50
Officer
$0 $535,028 $9,125,384
GREG HOFFMAN TREASURER 0.50
Officer
$0 $390,705 $4,270,929
JO ANN ESCASA-HAIGH FRMR EVP/TREASURER 0.00
$0 $0 $879,466
JAMIE GOODWIN SECRETARY 0.50
Officer
$0 $91,939 $664,363
DIANNA REELY CHIEF RESIDENTIAL SRVCS - HCC 4.20
Key Emp
$0 $59,459 $620,481
ROBERT HELLRIGEL FRMR EVP CE HOME & COMM CARE 0.00
$0 $0 $467,221
MARY LYONS PHD DIRECTOR 0.50
Director
$0 $0 $100,944
MICHAEL MURPHY BOARD CHAIR 0.50
Director
$0 $0 $75,168
RICHARD BLAIR DIRECTOR 0.50
Director
$0 $0 $51,379
CHARLES SORENSON MD DIRECTOR 0.50
Director
$0 $0 $50,000
ISIAAH CRAWFORD PHD DIRECTOR 0.50
Director
$0 $0 $50,000
MARVIN O'QUINN DIRECTOR 0.50
Director
$0 $0 $42,989
ERIC SPRUNK DIRECTOR 0.50
Director
$0 $0 $40,000
MARY BETH KINGSTON DIRECTOR 0.50
Director
$0 $0 $40,000
SISTER CAROL PACINI LCM DIRECTOR - THRU 12/31/24 0.50
Director
$0 $0 $0
SISTER DIANE HEJNA CSJ RN DIRECTOR 0.50
Director
$0 $0 $0
SISTER DONNA MARKHAM DIRECTOR 0.50
Director
$0 $0 $0
SISTER PHYLLIS HUGHES RSM DRPH DIRECTOR 0.50
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 $199,370 $252,584 $457,089 $-53,214
2023 $190,484 $184,514 $499,582 $5,970
2022 $184,959 $208,772 $499,721 $-23,813
2021 $175,730 $217,329 $517,685 $-41,599
2020 $178,708 $179,530 $552,783 $-822
2019 $175,678 $152,413 $551,587 $23,265
2018 $175,502 $199,240 $527,940 $-23,738
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