Public Charity

OCEAN STATE ASSISTED LIVING

OCEAN STATE ASSISTED LIVING is a Public Charity headquartered in EAST GREENWICH, RI. Financial data from the 2024 filing: $3.1M revenue, $7.1M expenses, $13.1M total assets.

EIN: 050510787 EAST GREENWICH, RI Senior Citizens Housing & Retirement Communities NTEE: L22 Latest filing: 2024
Total Revenue$3.1M
Total Expenses$7.1M
Total Assets$13.1M
Grant Records0
Filing Years2019–2024

Mission

THE MISSION OF OCEAN STATE ASSISTED LIVING (OSAL) IS TO PROVIDE A BALANCE OF COMMUNITY, WELLNESS AND ASSISTED LIVING SERVICES TO INDEPENDENT AND MEMORY IMPAIRED RESIDENTS WHILE PROMOTING RESIDENT QUALITY OF LIFE, DIGNITY AND MAXIMUM INDEPENDENCE.

Where $100 goes at Ocean State Assisted Living

How Ocean State Assisted Living divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$92 Programs the work itself
$8 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $92 for programs

$92
Providing quality care with 64 traditional assisted living apartments and 20 dementia care residences
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VICE CHAIR Claire C Flaherty
IMMEDIATE PAST CHAIR Craig W Carpenter
TRUSTEE Frederick G Harrison
EXECUTIVE DIRECTOR Haigouhi Corriveau
SECRETARY Judy W Vigar
TRUSTEE Kimberley Ranalli

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $3.1M $7.1M $13.1M
2023 $7.4M $6.5M $17.7M
2022 $6.0M $6.1M $16.9M
2020 $5.2M $5.3M $10.3M
2019 $5.7M $5.5M $10.2M

Between 2019 and 2024, reported annual revenue declined from $5.7M to $3.1M (-46%), with total assets most recently reported at $13.1M.

Interactive year-over-year charts and full filing details available with membership.

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