2024-09-16T15:13:06-05:00 2023-12-31 050255779 SANSIVERI KIMBALL & CO LLP 50 HOLDEN STREET PROVIDENCE RI 02908 990 2023-01-01 050400128 RIH ORTHOPAEDIC FOUNDATION INC RIHO 4014571504 PO BOX 578 PROVIDENCE RI 02901 WEBER SHILL CEO 4014571504 2024-09-16 1 0 LINDA M PEARSON CPA P02361807 4013310500 2024-09-16 2023 2024-08-08 14:25:15Z WEBER SHILL PO BOX 578 PROVIDENCE RI 02901 4663323 0 X WWW.RIHOF.ORG X 1982 RI SEE SCHEDULE O SUPPLEMENTAL INFORMATION TO FORM 990ENGAGING IN MEDICAL RESEARCH AS A MEANS OF SEEKING TO PROVIDE TEACHING SERVICES TO MEDICAL STUDENTS AT THE WARREN ALPERT MEDICAL SCHOOL OF BROWN UNIVERSITY AND TO GRADUATES OF MEDICAL SCHOOLS WHO ARE IN POST-GRADUATE TRAINING PROGRAMS; AND PROVIDE ADMINISTRATIVE SERVICES IN HOSPITAL MEDICAL AND SURGICAL CARE, AND PARTICULARLY PROVIDING SUCH ADMINISTRATIVE SERVICES TO THE VARIOUS MEDICAL AND SURGICAL DEPARTMENTS OF RHODE ISLAND HOSPITAL. 6 2 0 0 58445 10689 212804 472550 4385223 3840676 97557 147585 -27946 56922 4667638 4517733 172000 55000 0 0 0 0 0 0 0 4675810 4230581 4847810 4285581 -180172 232152 7891692 7788752 2442202 1671433 5449490 6117319 X ENGAGING IN MEDICAL RESEARCH AS A MEANS OF SEEKING TO PROVIDE TEACHING SERVICES TO MEDICAL STUDENTS AT THE WARREN ALPERT MEDICAL SCHOOL OF BROWN UNIVERSITY AND TO GRADUATES OF MEDICAL SCHOOLS WHO ARE IN POST-GRADUATE TRAINING PROGRAMS; AND PROVIDE ADMINISTRATIVE SERVICES IN HOSPITAL MEDICAL AND SURGICAL CARE, AND PARTICULARLY PROVIDING SUCH ADMINISTRATIVE SERVICES TO THE VARIOUS MEDICAL AND SURGICAL DEPARTMENTS OF RHODE ISLAND HOSPITAL. 0 0 4104134 30000 3840676 CONDUCTING MEDICAL RESEARCH, PROVIDING TEACHING SERVICES FOR MEDICAL STUDENTS AND PROVIDING ADMINISTRATIVE SERVICES TO VARIOUS MEDICAL AND SURGICAL DEPARTMENTS. 4104134 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 27 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 6 2 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 X DAVID PALLER CFO 4014434130 ONE KETTLE POINT AVENUE EAST PROVIDENCE RI 02914 EDWARD AKELMAN MD PRESIDENT 20.00 40.00 X X 0 2325315 65392 QIAN CHEN PHD TRUSTEE 40.00 X 7500 0 0 JOSEPH J CRISCO PHD TREASURER 40.00 X X 7500 0 0 BRADEN C FLEMING PHD SECRETARY 40.00 X X 7500 0 0 22500 2325315 65392 0 0 1 0 0 472550 472550 ADMIN, SUPERVISORY & T 541700 3321417 3321417 FEES FOR ORTHO LAB 621500 519259 519259 3840676 100136 100136 193039 145590 47449 47449 47449 GAIN ON SALE OF INVEST 531390 58445 58445 OTHER MISC REVENUE 900099 -1523 -1523 56922 4517733 3839153 58445 147585 55000 55000 132 132 34829 34829 31255 31255 989 989 24624 24624 64356 64356 3251 3251 34355 34355 RESEARCH AND EDUCATIONA 3043984 3043984 BIOTECHNOLOGY ENGINEERI 475840 425840 50000 PURCHASED SERVICES 318636 318636 MEDICAL SPECIMENS 69312 69312 129018 128143 875 4285581 4104134 181447 0 761086 149983 147668 147668 300011 279738 12608 20273 3586215 4138222 3384115 3328294 0 4312 7891692 7788752 678619 331710 1763583 1339723 2442202 1671433 X 5207008 5867685 242482 249634 5449490 6117319 7891692 7788752 232152 435677 0 X X 0 1 X 0 0 X RHODE ISLAND HOSPITAL PROVIDENCE RI RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 134419 22024 156443 137624 10000 -13205 134419 137500 124 137624 1.00000 0 0 300011 279738 20273 20273 INVESTMENT IN UOI WATERFRONT DRIVE, LLC 3328294 C 3328294 X 4922155 435677 435677 4486478 31255 31255 4517733 4254326 0 4254326 31255 31255 4285581 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT RIH ORTHOPAEDIC FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION, OTHER THAN A PRIVATE FOUNDATION, AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY EXEMPT FROM INCOME TAXES. ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT CONTAIN A PROVISION FOR FEDERAL AND STATE TAXES ON INCOME. THE FOUNDATION EVALUATES ALL SIGNIFICANT TAX POSITIONS. AS OF YEAR END, MANAGEMENT OF THE FOUNDATION DOES NOT BELIEVE THAT THEY HAVE TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY TAX LIABILITY NOR DO THEY BELIEVE THAT THERE ARE UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. THE FOUNDATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. THE FOUNDATION'S INCOME TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION FOR THREE YEARS FROM THE DATE FILED WITHIN EACH TAXING JURISDICTION. PART V, LINE 4 THE ENDOWMENT WAS ESTABLISHED BY A DONOR WHICH ALLOWS AMOUNTS EXCEEDING $500,000 THRESHOLD TO BE AVAILABLE FOR EXPENDITURE ON SPINE FELLOWSHIP AND RESEARCH. 0 RHODE ISLAND HOSPITAL FOUNDATION 167 POINT STREET PROVIDENCE RI 02903 050468736 501(C)(3) 10000 0 RESEARCH SUPPORT HASBRO CHILDREN'S HOSPITAL DIVISION OF RHODE ISLAND HOSPITAL 593 EDDY STREET PROVIDENCE RI 02903 050468736 501(C)(3) 20000 0 RESEARCH SUPPORT THE MIRIAM HOSPITAL 164 SUMMIT AVE PROVIDENCE RI 02906 222861978 501(C)(3) 25000 0 RESEARCH SUPPORT 0 0 0 0 0 0 0 0 0 EDWARD AKELMAN MD PRESIDENT 0 1235817 0 689498 0 400000 0 43494 0 21898 0 2390707 0 0 UNIVERSITY ORTHOPEDICS INC SAME PRESIDENT PHYSICIANS SERVICES 0 UNIVERSITY ORTHOPEDICS INC SAME PRESIDENT ENGINEERING SERVICES 0 FORM 990, PART VI, SECTION A, LINE 3 THE PRESIDENT OF UNIVERSITY ORTHOPEDICS, INC. ALSO SERVES AS THE PRESIDENT OF RIH ORTHOPAEDIC FOUNDATION, INC. AND PERFORMS MANAGEMENT DUTIES FOR BOTH ORGANIZATIONS. SEE SCHEDULE D FOR ANY APPLICABLE COMPENSATION RECEIVED FROM RELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT OF THE FOUNDATION REVIEWS THE FORM 990 BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION C, LINE 19 EXISTING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. UNIVERSITY ORTHOPEDICS INC ONE KETTLE POINT AVE EAST PROVIDENCE RI 02914 050447454 MEDICAL PRACTICE RI N/A C 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 UNIVERSITY ORTHOPEDICS INC(UOI) P 332000 BALANCE OWED AT END OF YEAR UNIVERSITY ORTHOPEDICS INC(UOI) M 3165000 COST UNIVERSITY ORTHOPEDICS INC(UOI) E 1339723 COST UNIVERSITY ORTHOPEDICS INC(UOI) D 1493343 COST UNIVERSITY ORTHOPEDICS INC(UOI) N SEE SCHEDULE R SUPPLEMENTAL INFO UNIVERSITY ORTHOPEDICS INC(UOI) O SEE SCHEDULE R SUPPLEMENTAL INFO PART V SECTION II BALANCE OWED AT YEAR END FOR ALL TRANSACTION TYPES RELATED TO N, O, AND P IS REPORTED IN PART V SECTION 2, COLUMN C "AMOUNT INVOLVED" FOR TRASCATION TYPE P