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Nonprofiteer
← RIVERSIDE HEALTHCARE ASSOCIATION INC

Form 990 for tax year 2024

Filed by RIVERSIDE HEALTHCARE ASSOCIATION INC.

Totals

Total revenue
$54,052,272
Total expenses
$46,100,175
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$29,409,624
Investment income
$24,413,457
Other revenue
$229,191
Total assets, end of year
$1,155,543,727
Total liabilities, end of year
$866,585,774
Net assets or fund balances, end of year
$288,957,953
Program services expenses (Part IX)
$45,427,475
Management and general expenses
$672,700
Fundraising expenses
$0
Program service expenses (Part III)
$45,427,475

Program services were 98.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • GABRIEL A MORGAN

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • MICHAEL J DACEY MD

    BOARD MEMBER/Chief Executive Officer

    Total calculated
    $1,730,414
    From this org
    $0
    From related orgs
    $1,704,889
    Other
    $25,525
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,143,251 related
    Bonus
    $0 + $327,808 related
    Other
    $0 + $233,830 related
    Deferred
    $0 + $15,225 related
    Nontaxable benefits
    $0 + $10,300 related
    Filer's total
    $0 + $1,730,414 related

  • THOMAS BYRD

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • WILLIAM B DOWNEY

    BOARD MEMBER/Executive Vice Chairman, RHS Board

    Total calculated
    $856,072
    From this org
    $0
    From related orgs
    $813,025
    Other
    $43,047
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $653,421 related
    Bonus
    $0
    Other
    $0 + $159,604 related
    Deferred
    $0 + $18,525 related
    Nontaxable benefits
    $0 + $24,522 related
    Filer's total
    $0 + $856,072 related

  • ALEXIS SWANN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CONWAY W SMITH III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • DANIEL J SHERLOCK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • DAVID F JONES MD

    BOARD MEMBER/Physician Specialty

    Total calculated
    $477,987
    From this org
    $0
    From related orgs
    $429,571
    Other
    $48,416
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $162,678 related
    Bonus
    $0 + $50,671 related
    Other
    $0 + $216,222 related
    Deferred
    $0 + $20,886 related
    Nontaxable benefits
    $0 + $27,530 related
    Filer's total
    $0 + $477,987 related

  • DWAYNE B BLAKE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GEORGE ROYDEN GOODSON III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • HAROLD D JONES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • HEATHER ENGEL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JASON LINEEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JENNIFER SMITH-BROWN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JORGE YINAT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JULIE M BADGER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • VALERIE C BUTLER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM L BRAUER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • FRANKYE T MYERS

    Sr VP & CNO, RHS

    Total calculated
    $554,617
    From this org
    $0
    From related orgs
    $524,161
    Other
    $30,456
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $389,667 related
    Bonus
    $0 + $70,762 related
    Other
    $0 + $63,732 related
    Deferred
    $0 + $15,225 related
    Nontaxable benefits
    $0 + $15,231 related
    Filer's total
    $0 + $554,617 related

  • JASON O HOUSER ESQ

    GENERAL COUNSEL, SECRETARY, RHS

    Total calculated
    $701,166
    From this org
    $0
    From related orgs
    $630,800
    Other
    $70,366
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $462,172 related
    Bonus
    $0 + $91,727 related
    Other
    $0 + $76,901 related
    Deferred
    $0 + $32,947 related
    Nontaxable benefits
    $0 + $37,419 related
    Filer's total
    $0 + $701,166 related

  • THOMAS M KAYROUZ MD

    CHIEF CLINICAL OPERATIONS OFFICER, RHS

    Total calculated
    $1,077,347
    From this org
    $0
    From related orgs
    $1,036,783
    Other
    $40,564
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $747,686 related
    Bonus
    $0 + $151,809 related
    Other
    $0 + $137,288 related
    Deferred
    $0 + $15,225 related
    Nontaxable benefits
    $0 + $25,339 related
    Filer's total
    $0 + $1,077,347 related

  • W WILLIAM AUSTIN JR

    EVP & CFO, TREASURER RHS

    Total calculated
    $956,672
    From this org
    $0
    From related orgs
    $915,157
    Other
    $41,515
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $646,572 related
    Bonus
    $0 + $150,863 related
    Other
    $0 + $117,722 related
    Deferred
    $0 + $15,225 related
    Nontaxable benefits
    $0 + $26,290 related
    Filer's total
    $0 + $956,672 related

  • BARBARA J LABONTE

    Associate Vice President Budget Tax & Reimbursement

    Total calculated
    $361,555
    From this org
    $0
    From related orgs
    $300,160
    Other
    $61,395
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $232,747 related
    Bonus
    $0 + $54,434 related
    Other
    $0 + $12,979 related
    Deferred
    $0 + $26,878 related
    Nontaxable benefits
    $0 + $34,517 related
    Filer's total
    $0 + $361,555 related

  • GAIL H HOLMES

    General Ledger Accounting Director

    Total calculated
    $215,550
    From this org
    $0
    From related orgs
    $172,242
    Other
    $43,308
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $154,572 related
    Bonus
    $0 + $16,488 related
    Other
    $0 + $1,182 related
    Deferred
    $0 + $14,700 related
    Nontaxable benefits
    $0 + $28,608 related
    Filer's total
    $0 + $215,550 related

  • LINWOOD SHAWN NELSON

    Associate Vice President Chief Finance Officer LLH

    Total calculated
    $362,604
    From this org
    $0
    From related orgs
    $302,125
    Other
    $60,479
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $232,272 related
    Bonus
    $0 + $58,757 related
    Other
    $0 + $11,096 related
    Deferred
    $0 + $27,877 related
    Nontaxable benefits
    $0 + $32,602 related
    Filer's total
    $0 + $362,604 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
FRANKYE T MYERS $46,778 JASON O HOUSER $60,637 MICHAEL J DACEY $206,850 THOMAS M KAYROUZ $108,732 W WILLIAM AUSTIN JR $94,290 WILLIAM B DOWNEY $127,500 ------------------------------- TOTAL $644,787 RIVERSIDE HAS ESTABLISHED THIS SERP TO PROVIDE RETIREMENT BENEFITS TO CERTAIN EXECUTIVE EMPLOYEES TO SUPPLEMENT THE RETIREMENT BENEFITS TO BE RECEIVED FROM RIVERSIDE AND SOCIAL SECURITY. ALTHOUGH THE EMPLOYEE IS FULLY VESTED IN THESE FUNDS, HE/SHE WILL NOT HAVE THE RIGHT TO WITHDRAW THESE FUNDS UNTIL THE LATER OF THE EMPLOYEE REACHING AGE 62 OR SEPARATION FROM SERVICE WITH RIVERSIDE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • AT HOME PARTNERS

    Excluded · MANAGEMENT · VA · 80% owned · share of income $0 · share of assets $0 · general or managing partner

    Directly controlled by RIVRETSVC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • RHS MEDINSUR LTD

    C Corporation · INSURANCE · BD · 100% owned · share of income $15,988,082 · share of assets $70,876,182 · controlled entity

    Directly controlled by na

  • RIVERSIDE MEDICAL EQUIPMENT COMPANY INC

    C Corporation · BILLING · VA · 100% owned · share of income $0 · share of assets $0 · controlled entity

    Directly controlled by NA

  • PENINSULA HOSPITAL SERVICES

    C Corporation · LAUNDRY · VA · 100% owned · share of income $0 · share of assets $0 · controlled entity

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.1
Source object
202523189349311317

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