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Transparency & Accountability
Fiscal Year 2010
As Recommended
This section of our website is devoted to disclosures recommended by both the IRS regarding the new 990 not-for-profit tax return and by best administrative practices. This transparency and accountability effort assumes that donors and funding sources want to know this information about each nonprofit agency that they support.
990 Forms
NRI Community Services 990 Form
Affiliate - Community Residential Services 990EZ
Affiliate - Community Staffing Resources 990PF
Affiliate - Blackstone Valley Mental Health Realty 990EZ
Affiliate - Monday Morning Industries 990EZ
Staff Numbers as of January 2011
| # of full-time employees |
206 |
| # of part-time employees |
3 |
| # of minority staff |
46 |
| # of staff who are veterans |
12 |
| # of staff who are bilingual |
13 |
| # of RI resident employees |
207 |
| # of MA resident employees |
25 |
| # of CT resident employees |
5 |
| Total annual payroll |
$8,800,000 |
| Percentage of budget that is staff salaries and fringe benefits—that support the local and state econcomy |
76% |
More About Our Staff
- All staff receive orientation and ongoing supervision and inservice trainings.
- All staff are paid weekly upon submission of signed and countersigned time sheets. Staff allocate their time among various contracts and grants.
- Staff are encouraged and supported in obtaining additional degrees, credentials, or certifications.
- Staff actively support other nonprofits through Board service and/or through designated payroll contributions through the Fund for Community Progress.
Staff Survey Results for Conflict of Interest
Fundraising Expenses and Revenues (Projected)
| Designated contributions by Board, staff, and Friends (raised through the Fund for Community Progress; State Employees Campaign; United Way; direct gifts) |
$20,000 |
| Sponsorships by vendors, partner agencies, collaborating organizations for Community Champions Music Series |
$31,000 |
| Total gross fundraising receipts (projected) |
$51,000 |
| Fundraising expenses |
$3000 |
| Net fundraising revenues |
$48,000 |
More About Fundraising
- NRICS does not elect individuals to serve on the governing Board of Directors who work for an insurance agency, accounting firm, law firm, or another for-profit business that does business with NRI Community Services and its affiliates.
- NRICS does elect or approve the appointment of Directors who are also employed by non-profit organizations that may be buying or selling services with NRICS, given that these interagency business relationships benefit NRICS clients and not the individual Director.
- NRICS, by policy, limits the size of charitable donations it will accept from any individual donor, any vendor, or any business that may be a vendor in the future. Any annual total combination of personal and business donations of cash, services, products, or gifts (e.g., sports tickets) that exceeds $2,500 must be reviewed and approved by the Board of Directors before accepting the gifts.
Independent Audit
- NRICS' annual audit is completed each fall for the fiscal year ending June 30th. NRICS' audit discloses all its affiliates' income and expenses.
- The audit is completed by Kahn, Litwin, Renza and Co., Ltd. and is forwarded by management to State agencies doing business with NRICS.
- The audit is available for inspection at 800 Clinton Street, Suite 301, Woonsocket, RI 02895.
- Audit Report FY2010
More About Finances
- Most of NRICS' revenues come from direct billing to clients' health insurance. Grants and contracts, rents, and sale of services to other businesses or organizations make up the balance of funding.
- Brooks Herrick is the Chief Strategic Officer. Tom Urbanik is the Finance Director/Chief Financial Officer.
- NRICS manages the finances of Monday Morning Industries, Inc. (MMI); Community Staffing Resources, Inc. (CSR); Community Residential Services, Inc . (CRS); and Blackstone Valley Mental Health Realty Corporation, Inc. (BVMHR).
- An Annual Budget is prepared late spring of each year that projects the reimbursements from multiple sources for NRICS and its affiliates' services for July 1 through June 30th, our fiscal year. A Finance Committee reviews revenues and expenses monthly and reports its findings and recommendations to the Board of Directors.
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Related Links
Staff Survey Results for Conflict of Interest
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