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Nonprofiteer
← COPLEY VENTURES INC

Form 990 for tax year 2024

Filed by COPLEY VENTURES INC.

Totals

Total revenue
$4,890,441
Total expenses
$4,581,098
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$3,983,690
Management and general expenses
$597,408
Fundraising expenses
$0
Program service expenses (Part III)
$3,983,690

Program services were 87.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Brenda Van Wyhe END 225

    SR. VP FINANCE & CFO/TREASURER

    Total calculated
    $643,057
    From this org
    $0
    From related orgs
    $605,795
    Other
    $37,262
    Hours/week
    1 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $452,312 related
    Bonus
    $0 + $82,399 related
    Other
    $0 + $71,084 related
    Deferred
    $0 + $11,500 related
    Nontaxable benefits
    $0 + $25,762 related
    Filer's total
    $0 + $643,057 related

  • John Diederich MA MBA FACHE

    President & CEO/Director

    Total calculated
    $1,351,452
    From this org
    $0
    From related orgs
    $1,303,036
    Other
    $48,416
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $734,550 related
    Bonus
    $0 + $154,960 related
    Other
    $0 + $413,526 related
    Deferred
    $0 + $11,500 related
    Nontaxable benefits
    $0 + $36,916 related
    Filer's total
    $0 + $1,351,452 related

  • Mary F Shilkaitis

    SR VP Operations & COO

    Total calculated
    $584,865
    From this org
    $0
    From related orgs
    $549,785
    Other
    $35,080
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $401,762 related
    Bonus
    $0 + $85,872 related
    Other
    $0 + $62,151 related
    Deferred
    $0 + $7,068 related
    Nontaxable benefits
    $0 + $28,012 related
    Filer's total
    $0 + $584,865 related

  • Carl T Bergetz JD

    Chief Legal Officer, RUSH & Board Secretary, CV (START 11/24)

    Total calculated
    $1,335,342
    From this org
    $0
    From related orgs
    $1,152,334
    Other
    $183,008
    Hours/week
    1 + 46 related

    Schedule J breakdown matched by us

    Base
    $0 + $703,287 related
    Bonus
    $0 + $320,381 related
    Other
    $0 + $128,666 related
    Deferred
    $0 + $162,643 related
    Nontaxable benefits
    $0 + $20,365 related
    Filer's total
    $0 + $1,335,342 related

  • Jeffrey Tack

    Treasurer, CV (Start 11/24)

    Total calculated
    $420,549
    From this org
    $0
    From related orgs
    $394,234
    Other
    $26,315
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $325,651 related
    Bonus
    $0 + $66,183 related
    Other
    $0 + $2,400 related
    Deferred
    $0 + $13,595 related
    Nontaxable benefits
    $0 + $12,720 related
    Filer's total
    $0 + $420,549 related

  • Mike Lange

    MANAGER OF TENNIS

    Total calculated
    $143,095
    From this org
    $117,525
    From related orgs
    $0
    Other
    $25,570
    Hours/week
    40

  • Ryan Asmus End 224

    FORMER VP GENERAL COUNSEL/SECRETARY

    Total calculated
    $829,390
    From this org
    $0
    From related orgs
    $827,833
    Other
    $1,557
    Hours/week
    1 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $38,925 related
    Bonus
    $0
    Other
    $0 + $788,908 related
    Deferred
    $0 + $1,557 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $829,390 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 — 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

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 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 3 Arrangement used to establish the top management official's compensation
COPLEY MEMORIAL HOSPITAL, A RELATED ORGANIZATION OF COPLEY VENTURES, USED THE FOLLOWING METHODS TO DETERMINE THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
Schedule J, Part I, Line 4a Severance or change-of-control payment
RYAN ASMUS, VP GENERAL COUNSEL, SIGNED A $544,433 SEVERANCE AGREEMENT IN 2024 PAYABLE IN 2024 & 2025. STEVE LOWENTHAL, MD, SR. VP MEDICAL STAFF AFFAIRS & CMO, TERMED 6/23, SIGNED A $816,192 SEVERANCE AGREEMENT IN 2023 PAYABLE IN 2023 & 2024.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
CMH OFFERS A SUPPLEMENTAL RETIREMENT PLAN TO CERTAIN EMPLOYEES WHO PARTICIPATE IN THE EXECUTIVE BENEFITS PROGRAM. THERE IS NO CONSTRUCTIVE RECEIPT OF THESE AMOUNTS BY THE INDIVIDUALS UNTIL THEY ARE PAID OUT AS THEY ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE UNTIL INDIVIDUALS MEET THE REQUIRED VESTING PERIOD. ONCE VESTED, PAYOUTS WOULD BE INCLUDED AS REPORTABLE COMPENSATION ON THE RECIPIENTS ANNUAL FORM W-2. THE AMOUNTS PAID OUT OF THIS PLAN IN 2024 WERE AS FOLLOWS: RYAN ASMUS $533,236, JOHN DIEDERICH - $407,131, BRENDA VAN WYHE - $62,659, MARY SHILKAITIS - $55,697.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2026
IRS schema version
2024v5.1
Source object
202611349349312271

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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