Civic Intelligence

Steere House Nursing &

990 • Fiscal year 2024 • EIN 05-0258880

Jan 01, 2024 to Dec 31, 2024 • Filed on Sep 23, 2025

Organization ProfileWWW.STEEREHOUSE.ORG

View Organization Page

100 Borden StreetProvidence, RI 02903

(401) 454-7970

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.28x

Higher debt load relative to assets than 57% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.45x

Higher debt load relative to revenue than 62% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

31st percentile

-1.3%

Higher net margin than 31% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

39th percentile

$219,597

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

32nd percentile

1.1%

Faster asset growth than 32% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

-3.0%

Faster revenue growth than 25% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$27,585,744

Up $287,023 (+1.1%) from 2023

Net Assets

Down

$19,830,609

Down $226,610 (-1.1%) from 2023

Liabilities

Up

$7,755,135

Up $513,633 (+7.1%) from 2023

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin31st percentile

Revenue

Down

$17,282,619

Down $530,723 (-3.0%) from 2023

Expenses

Up

$17,512,061

Up $1,719,577 (+11%) from 2023

Net Income

Down

-$229,442

Down $2,250,300 (-111%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $21,006,417Liabilities 2010: $5,387,142Net Assets 2010: $15,619,2752010Assets 2011: $20,960,628Liabilities 2011: $6,620,227Net Assets 2011: $14,340,4012011Assets 2012: $21,608,313Liabilities 2012: $6,555,239Net Assets 2012: $15,053,0742012Assets 2013: $22,970,578Liabilities 2013: $6,421,503Net Assets 2013: $16,549,0752013Assets 2014: $23,346,674Liabilities 2014: $6,066,331Net Assets 2014: $17,280,3432014Assets 2015: $23,228,031Liabilities 2015: $6,196,111Net Assets 2015: $17,031,9202015Assets 2016: $23,102,487Liabilities 2016: $6,050,301Net Assets 2016: $17,052,1862016Assets 2017: $24,665,662Liabilities 2017: $6,181,528Net Assets 2017: $18,484,1342017Assets 2018: $22,856,268Liabilities 2018: $5,988,431Net Assets 2018: $16,867,8372018Assets 2019: $24,629,414Liabilities 2019: $5,737,515Net Assets 2019: $18,891,8992019Assets 2020: $24,491,092Liabilities 2020: $5,372,825Net Assets 2020: $19,118,2672020Assets 2021: $25,892,307Liabilities 2021: $5,091,295Net Assets 2021: $20,801,0122021Assets 2022: $28,365,776Liabilities 2022: $10,961,312Net Assets 2022: $17,404,4642022Assets 2023: $27,298,721Liabilities 2023: $7,241,502Net Assets 2023: $20,057,2192023Assets 2024: $27,585,744Liabilities 2024: $7,755,135Net Assets 2024: $19,830,6092024

Highlighted filing

2024

Assets$27,585,744
Liabilities$7,755,135
Net Assets$19,830,609
Open 2024 Filing

Operations Trend

Revenue Growth25th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10MExpenses 2010: $11,691,9592010Revenue 2011: $12,110,957Expenses 2011: $12,369,454Net Income 2011: -$258,4972011Expenses 2012: $11,716,2772012Revenue 2013: $12,128,673Expenses 2013: $11,909,768Net Income 2013: $218,9052013Revenue 2014: $13,052,721Expenses 2014: $12,038,403Net Income 2014: $1,014,3182014Revenue 2015: $12,578,007Expenses 2015: $12,226,411Net Income 2015: $351,5962015Revenue 2016: $12,367,183Expenses 2016: $12,528,593Net Income 2016: -$161,4102016Revenue 2017: $13,214,194Expenses 2017: $13,057,551Net Income 2017: $156,6432017Revenue 2018: $13,788,410Expenses 2018: $13,224,148Net Income 2018: $564,2622018Revenue 2019: $14,725,394Expenses 2019: $13,232,755Net Income 2019: $1,492,6392019Revenue 2020: $13,467,187Expenses 2020: $13,356,917Net Income 2020: $110,2702020Revenue 2021: $13,861,029Expenses 2021: $12,736,586Net Income 2021: $1,124,4432021Revenue 2022: $11,276,734Expenses 2022: $14,295,437Net Income 2022: -$3,018,7032022Revenue 2023: $17,813,342Expenses 2023: $15,792,484Net Income 2023: $2,020,8582023Revenue 2024: $17,282,619Expenses 2024: $17,512,061Net Income 2024: -$229,4422024

Highlighted filing

2024

Revenue$17,282,619
Expenses$17,512,061
Net Income-$229,442
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 23, 2025
Return Version
2024v5.2
Gross Receipts
$21,705,667
Mission and Program Overview

Mission

The mission of steere house is to serve adults who require skilled, restorative and long-term care services within a secure and caring environment. The center also provides educational and research experiences that enhance the care of those we serve.

The mission of steere house nursing & rehabilitation center is to serve adults who require skilled, restorative and long-term care services within a secure and caring environment. The center also provides educational and research experiences that enhance the care of those we serve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$12,986,955$14,090,494▲ $1,103,539
Land, Buildings, and Equipment, Net$4,055,458$4,132,293▲ $76,835
Accounts Receivable$1,961,770$2,126,714▲ $164,944
Investments Other Securities$1,431,486--
Cash and Non-Interest-Bearing Accounts$582,871$756,352▲ $173,481
Prepaid Expenses and Deferred Charges$96,761$115,092▲ $18,331
Inventories for Sale or Use$48,476$48,476→ $0
Total Assets$27,298,721$27,585,744▲ $287,023
Other Assets Total$6,134,944$6,316,323▲ $181,379
Liabilities
Other Liabilities$5,982,621$6,167,950▲ $185,329
Accounts Payable and Accrued Expenses$1,258,881$1,587,185▲ $328,304
Total Liabilities$7,241,502$7,755,135▲ $513,633
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,836,790$18,670,291▼ $166,499
Net Assets With Donor Restrictions$1,220,429$1,160,318▼ $60,111
Total Net Assets Fund Balance$20,057,219$19,830,609▼ $226,610
Total Liabilities and Net Assets / Fund Balance$27,298,721$27,585,744▲ $287,023

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,643,385$9,447,247$13,090,632
Equipment$411,432$2,426,948$2,838,380
Other Land Buildings$77,476$8,416$85,892
Other Assets Org$152,323--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$12,986,955$2,000,215▲ $1,326,843$2,223,519$14,090,494
2023$13,018,001$2,269,027▲ $2,151,167$4,451,240$12,986,955
2022$17,063,720-▼ $2,556,403$1,489,316$13,018,001
2021$16,483,745-▲ $2,409,749$1,829,774$17,063,720
2020$15,573,885-▲ $1,989,781$1,079,921$16,483,745
Compensation and Service Providers
Top Officer Pay39th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joshua SegalExecutive DirectorFT$197,582$22,015$219,597
Nicole PlanteDirector of NursingFT$169,050$19,444$188,494
Rukayat OlalekanRegistered NurseFT$152,740$15,901$168,641
Deborah YasickShift SupervisorFT$134,850$13,533$148,383
Melissa ProulxRegistered NurseFT$128,101$14,882$142,983
Danielle LewisRegistered NurseFT$127,430-$127,430
Marie MergilleRegistered NurseFT$120,373$1,656$122,029
Angela R ChatmanDirector of FinanceFT$65,571$1,288$66,859

Board Members and Trustees

NameTitle
Linda CannistraPresident
Paul AstphanVice President
Andrew SpaconeDirector
Carol C McmahonDirector
Carol YarnelDirector
Debra Page-trimDirector
Jonathan L CabotDirector
Mark Schwager MdDirector
Timothy J ReinerDirector
Diane Steere NoblesSecretary
Norma OwensTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Unidine Lifestyles Dba Flik InternationDining ServicesPO BOX 102289, Atlanta, GA 30368-2289$1,611,651
Carelink INCTherapy Services400 MASSASOIT AVENUE SUITE 113, East Providence, RI 02914$873,040
Coreworks LLCBuilding Maintenance Management13028 COLLECTIONS CENTER DRIVE, Chicago, IL 60693$855,683
Pharmerica DbaPharmacy Supplies & ServicesPO BOX 409251, Atlanta, GA 30384-9251$307,697
Incontrol INCEnergy Management System22 DEWEY AVENUE SUITE 4, Warwick, RI 02886$228,992
Revenue and Support

Revenue Composition

Contributions and Grants
$590,177
Program Service Revenue
$14,004,510
Investment Income
$2,658,540
Other Revenue
$29,392
All Other Contributions
$410,338
Change in Net Assets
$-229,442
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,533,935
Other Expenses$7,978,126
Total Fundraising Expense$18,007
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,977,111$595,056-$7,572,167
Fees for Services Other$3,044,109$159,924-$3,204,033
Other Employee Benefits$606,071$183,379-$789,450
Payroll Taxes$547,965$46,734-$594,699
Occupancy$491,676$8,033-$499,709
Depreciation Depletion-$499,621-$499,621
All Other Expenses$135,431$357,446-$492,877
Current Officers, Directors, Trustees, and Key Employees$437,625$37,324-$474,949
Other Expenses$424,624$86,994$16,040$424,624
Insurance$121,341$130,404-$251,745
Pension Plan Contributions$94,602$8,068-$102,670
Fees for Services Accounting-$83,913-$83,913
Fees for Service Investment Mgmnt Fees-$78,259-$78,259
Office Expenses$38,875$10,417$903$50,195
Advertising$34,124$9,144$792$44,060
Fees for Services Legal-$14,232-$14,232
Conferences and Meetings$9,291$2,490$216$11,997
Travel$2,394$641$56$3,091
Interest$91--$91
Total Functional Expenses$15,181,975$2,312,079$18,007$17,512,061
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$33,524
Fundraising Gross Income$9,214
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$48,514$9,214$20,614$-11,400
Total Events$48,514$9,214$33,524$-24,310
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$6,167,950
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The center's finance team met to review the draft 990 prior to filing and recommended approval to the board. In addition, all board members were provided with either an electronic or hard copy of the form 990 prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Board members update and sign the annual conflict of interest disclosure statement, which is retained. Any conflicts of interest arising in the interim period are required to be disclosed when known.”

Form 990, Part VI, Section B, Line 15A

“The board of directors approves the executive director compensation policy, monitors compliance with the policy and approves the executive director's salary.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy and financial statements are available to the public at the center's location - 100 borden street, providence, ri 02903.”

Filing and Contact Details

Filer

Filer Name
Steere House Nursing &
EIN
05-0258880
Phone
4014547970
Address
100 BORDEN STREET, PROVIDENCE, RI 02903

Signing Officer

Name
Joshua Segal
Title
Executive Director
Phone
4014547970
Signed
2025-09-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joshua Segal
Formed
1874
Legal Domicile
Ri
Voting Board Members
12
Independent Board Members
12
Employees
201
Volunteers
0

Preparer

Firm
Citrin Cooperman Advisors LLC
Address
500 EXCHANGE STREET SUITE 9-100, PROVIDENCE, RI 02903
Preparer
Michael E Criscione
Phone
4014214800
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contracted dietary: program service expenses 1,086,084. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,086,084. Contracted therapy: program service expenses 859,247. Management and general expenses 0. Fundraising expenses 0. Total expenses 859,247. Contracted housekeeping: program service expenses 485,997. Management and general expenses 0. Fundraising expenses 0. Total expenses 485,997. Contracted laundry: program service expenses 132,533. Management and general expenses 0. Fundraising expenses 0. Total expenses 132,533. Contracted maintenance: program service expenses 113,744. Management and general expenses 0. Fundraising expenses 0. Total expenses 113,744. Other contracted services: program service expenses 366,504. Management and general expenses 159,924. Fundraising expenses 0. Total expenses 526,428.”

Financial Statement Notes

PART V, LINE 4:

“The center has established the board-designated fund as a perpetual endowment meant to provide annual drawdowns from total return to supplement the center's operating budget, as well as to provide capital for extraordinary uses from time to time. The center has adopted investment and spending policies for permanent endowment assets that attempt to provide a predictable stream of funding to programs supported by its permanent endowment while seeking to maintain the historic dollar value and purchasing power of its permanent endowment assets over the investment horizon.”

PART X, LINE 2:

“The center qualifies as a tax-exempt organization under section 501(c)(3) of the internal revenue code. As a not-for-profit entity, the center is subject to unrelated business income tax ("ubit"), if applicable. In accordance with fasb asc 740, income taxes, the center applies the "more likely than not" threshold to the recognition and derecognition of tax positions for its financial statements. Management has evaluated the center's tax positions and has concluded that there were no uncertain tax positions that qualified for either recognition or disclosure in its financial statements.”

Raw XML AppendixShowing 400 of 738 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm7TIMOTHY J REINER
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IRS990/Form990PartVIISectionAGrp/PersonNm10CAROL YARNEL
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IRS990/Form990PartVIISectionAGrp/PersonNm17DANIELLE LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm18MARIE MERGILLE
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR OF NURSING
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt14SHIFT SUPERVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15REGISTERED NURSE
IRS990/Form990PartVIISectionAGrp/TitleTxt16REGISTERED NURSE
IRS990/Form990PartVIISectionAGrp/TitleTxt17REGISTERED NURSE
IRS990/Form990PartVIISectionAGrp/TitleTxt18REGISTERED NURSE
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IRS990/FormationYr01874
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
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IRS990/FundraisingDirectExpensesAmt033524
IRS990/FundraisingGrossIncomeAmt09214
IRS990/GainOrLossGrp/OtherAmt01252395
IRS990/GainOrLossGrp/SecuritiesAmt01061703
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IRS990/GrantsToOrganizationsInd00
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IRS990/IndoorTanningServicesInd00
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF STEERE HOUSE NURSING & REHABILITATION CENTER ("THE CENTER") IS TO SERVE ADULTS WHO REQUIRE SKILLED, RESTORATIVE AND LONG-TERM CARE SERVICES WITHIN A SECURE AND CARING ENVIRONMENT. THE CENTER ALSO PROVIDES EDUCATIONAL AND RESEARCH EXPERIENCES THAT ENHANCE THE CARE OF THOSE WE SERVE.
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Filings

Displayed year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$27,585,744
Liabilities
$7,755,135
Net assets
$19,830,609
Revenue
$17,282,619
Expenses
$17,512,061
Net income
-$229,442
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.6$7.76$19.8$17.3$17.5$0.23
2023Detailed filing. Detailed filing data is available for this year.$27.3$7.24$20.1$17.8$15.8$2.02
2022Detailed filing. Detailed filing data is available for this year.$28.4$11.0$17.4$11.3$14.3$3.02
2021Detailed filing. Detailed filing data is available for this year.$25.9$5.09$20.8$13.9$12.7$1.12
2020Detailed filing. Detailed filing data is available for this year.$24.5$5.37$19.1$13.5$13.4$0.11
2019Detailed filing. Detailed filing data is available for this year.$24.6$5.74$18.9$14.7$13.2$1.49
2018Detailed filing. Detailed filing data is available for this year.$22.9$5.99$16.9$13.8$13.2$0.56
2017Detailed filing. Detailed filing data is available for this year.$24.7$6.18$18.5$13.2$13.1$0.16
2016Detailed filing. Detailed filing data is available for this year.$23.1$6.05$17.1$12.4$12.5$0.16
2015Detailed filing. Detailed filing data is available for this year.$23.2$6.20$17.0$12.6$12.2$0.35
2014Detailed filing. Detailed filing data is available for this year.$23.3$6.07$17.3$13.1$12.0$1.01
2013Detailed filing. Detailed filing data is available for this year.$23.0$6.42$16.5$12.1$11.9$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.6$6.56$15.1$11.7
2011Summary only. Only limited summary data is available for this year.$21.0$6.62$14.3$12.1$12.4$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$5.39$15.6$11.7