Thundermist Health Center
82% goes to programs $2 to raise $100 Growing revenue
Thundermist Health Center is a 501(c)(3) organization based in Warwick, Rhode Island, registered in 1975, with $112,167,572 in FY2023 revenue. CharityIndex grades it B+, and it directs about 82% of spending to programs.
171 Service Ave Fl 2, Warwick, RI, 02886 EIN 05-0355097 Since 1975
Revenue (FY2023)
$112.2M
▼ 7.6% vs prior year
Health median: $840K
Expenses (FY2023)
$126.6M
Net assets
$25.8M
Employees
1,090
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating82% to programs · $2 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Thundermist Health Center: 82% to programs · $2 to raise $100 earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating2 mo reserves · -13% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Thundermist Health Center: 2 mo reserves · -13% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Thundermist Health Center: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Thundermist Health Center: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To improve the health of our patients and communities by delivering exceptional health care, removing barriers to that care and promoting healthy lifestyles.
Contact & location
- Address
- 171 Service Ave Fl 2, Warwick, RI, 02886
- City
- Warwick
- State
- Rhode Island
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $39.1M (FY2013) to $112.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $27.2MNet assets $25.8M
Operating margin
-12.9%
Spent more than it raised in the latest fiscal year.
Total assets
$53.0M
Total liabilities
$27.2M
Net assets
$25.8M
Salaries & benefits
$85.9M
68% of expenses
Board members
13
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $112,167,572▼7.6% | $126,584,090▲6.9% | $25,802,991▼35.8% | $52,998,383▼19.6% | 990 |
| 2022 | $121,447,763▲17.9% | $118,449,923▲18.3% | $40,219,509▲8.1% | $65,914,816▲8.8% | 990 |
| 2021 | $103,038,773▲13.3% | $100,139,464▲13.6% | $37,221,669▲8.4% | $60,584,911▲9.3% | 990 |
| 2020 | $90,981,582▲13.5% | $88,114,989▲14.0% | $34,322,360▲9.1% | $55,440,960▲6.9% | 990 |
| 2019 | $80,178,628▲18.8% | $77,301,871▲17.0% | $31,455,767▲10.1% | $51,867,089▲14.5% | 990 |
| 2018 | $67,484,424▲22.2% | $66,074,747▲21.0% | $28,579,010▲6.5% | $45,285,339▲12.5% | 990 |
| 2017 | $55,212,525▲16.1% | $54,619,706▲18.1% | $26,839,466▲7.4% | $40,260,583▲11.4% | 990 |
| 2016 | $47,568,030▲16.8% | $46,246,745▲17.2% | $24,999,452▲1.2% | $36,141,770▲7.5% | 990 |
| 2015 | $40,737,927▲1.4% | $39,454,778▲9.9% | $24,692,072▲5.4% | $33,612,969▲7.7% | 990 |
| 2014 | $40,178,094▲2.8% | $35,893,121▲4.2% | $23,429,610▲22.4% | $31,216,252▲19.1% | 990 |
| 2013 | $39,077,340 | $34,443,925▲20.3% | $19,145,362▲31.9% | $26,209,433▲30.3% | 990 |
| 2012 | — | $28,632,142▲10.5% | $14,511,947▲13.5% | $20,114,766▲4.7% | 990 |
| 2011 | — | $25,904,218▲16.7% | $12,781,466▲3.6% | $19,205,017▲3.5% | 990 |
| 2010 | — | $22,202,719▲11.8% | $12,334,339▲22.2% | $18,564,180▲2.7% | 990 |
| 2009 | — | $19,865,363 | $10,095,742 | $18,072,391 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Jeanne Lachance — $490,568 (0.39% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jeanne Lachance | Ceo (until 9/5/24) | 40 | $490,568 |
| Eric J Prosseda | Chief Dental Officer | 40 | $370,941 |
| David M Bourassa | Cmo | 40 | $366,064 |
| Jennifer Buckley | Physician-kent Residency Faculty | 40 | $288,657 |
| Linda Berman | Physician | 40 | $286,629 |
| Arnold Goldberg | Physician-kent Residency Faculty | 40 | $283,594 |
| Sapna Chowdhry | Medical Director | 40 | $281,085 |
| Paul George | Medical Director | 40 | $275,073 |
| Chetna Chandrakala | Cfo (until 12/29/23) | 40 | $231,465 |
| Andrea S Rollin | Director | 2 | — |
| Cheryl King | Director | 2 | — |
| David Valois | Director | 2 | — |
| Donald Larsen | Director | 2 | — |
| Erin Cooney | Chairperson | 2 | — |
| Kristina Contreras Fox | Director ( Until 2/24) | 2 | — |
| Lawrence Trim | Director | 2 | — |
| Linda Cannistra | Secretary | 2 | — |
| Madrone Phoenix | Director | 2 | — |
| Mary Ellen Caniglia | Director | 2 | — |
| M Douglas Fay | Treasurer | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Verisma Systems Inc | Health Information Management | $455,729 |
| Morneau and Murphy | Closing For Sc Pediatrics | $372,162 |
| Pacific Interpreters Inc | Interpretation Services | $209,613 |
| Harvard Partners LLP | It Consulting Services | $186,375 |
| Enforce LLC | Hr Implementation Services | $146,000 |
Grants received · $4.1M total
62 grants to Thundermist Health Center totaling $4.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Rhode Island Community Foundation | Hl - healthy lives (primary) | 2024 | $456,675 |
| American Cancer Society Inc | Patient support | 2024 | $10,000 |
| The Rhode Island Community Foundation | Healthy lives | 2023 | $155,121 |
| Delta Dental of Rhode Island | Program support | 2023 | $17,000 |
| The Rhode Island Community Foundation | Trans health access training | 2022 | $30,000 |
| The Rhode Island Community Foundation | General operating support | 2022 | $19,138 |
| The Rhode Island Community Foundation | Operation stand down | 2022 | $15,000 |
| The Rhode Island Community Foundation | Relocation and renovation of west warwick dental building | 2022 | $15,000 |
| The Rhode Island Community Foundation | Trans wellness program | 2022 | $10,000 |
| The Rhode Island Community Foundation | The town well: a rhode island health equity zone; operation stand down; medical and dental care for the uninsured residents of kingston village; additional dental equipment; trans wellness; west warwick hez healthy neighborhoods; woonsocket health equity zone; general operating; woonsocket hez "child friendly woonsocket" | 2021 | $593,177 |
| The Rhode Island Community Foundation | Thundermist emergency bh covid-19 response | 2020 | $175,000 |
| The Rhode Island Community Foundation | Thundermist emergency bh covid-19 response | 2020 | $175,000 |
| Neighborhood Health Plan of Rhode Island | General support | 2020 | $100,000 |
| The Rhode Island Community Foundation | Thundermist emergency response | 2020 | $75,000 |
| The Rhode Island Community Foundation | Thundermist emergency response | 2020 | $75,000 |
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Compare Thundermist Health Center
Frequently asked questions
- Is Thundermist Health Center a legitimate nonprofit?
- Yes. Thundermist Health Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 05-0355097, based in Warwick, Rhode Island. Donations are tax-deductible.
- What is Thundermist Health Center's EIN?
- Thundermist Health Center's Employer Identification Number (EIN) is 05-0355097.
- How much revenue does Thundermist Health Center report?
- Thundermist Health Center reported $112,167,572 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Thundermist Health Center's spending goes to programs?
- Thundermist Health Center spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Thundermist Health Center have?
- CharityIndex grades Thundermist Health Center B+, based on program efficiency and fundraising cost.
- How much does Thundermist Health Center's highest-paid employee make?
- The highest reported compensation on Thundermist Health Center's latest Form 990 is $490,568, paid to Jeanne Lachance (Ceo (until 9/5/24)).
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Data for Thundermist Health Center (EIN 05-0355097) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.