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Nonprofiteer
← BON SECOURS RICHMOND HEALTH SYSTEM

Form 990 for tax year 2022

Filed by BON SECOURS RICHMOND HEALTH SYSTEM.

Totals

Total revenue
$1,889,841,622
Total expenses
$1,703,859,246
Contributions and grants received
$5,255,768
Grants paid
$20,592,414
Program service revenue
not reported
Investment income
not reported
Other revenue
not reported
Total assets, end of year
not reported
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
not reported
Program services expenses (Part IX)
$1,552,214,934
Management and general expenses
$151,644,312
Fundraising expenses
$0
Program service expenses (Part III)
$1,552,214,934

Program services were 91.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Elizabeth CROWTHER

    Vice Chair

    Total calculated
    $0
    Hours/week
    2

  • Faraaz Yousuf

    President/CEO - Richmond (End 04/22)

    Total calculated
    $664,085
    From this org
    $0
    From related orgs
    $652,591
    Other
    $11,494
    Hours/week
    47.5 + 2 related

    Schedule J breakdown matched by us

    Base
    $0 + $211,844 related
    Bonus
    $0 + $250,480 related
    Other
    $0 + $190,267 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $11,494 related
    Filer's total
    $0 + $664,085 related

  • Michael Lutes

    President/CEO - Richmond (Beg 10/22)

    Total calculated
    $561,779
    From this org
    $0
    From related orgs
    $448,454
    Other
    $113,325
    Hours/week
    48.5 + 1.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $110,239 related
    Bonus
    $0 + $300,000 related
    Other
    $0 + $38,215 related
    Deferred
    $0 + $108,750 related
    Nontaxable benefits
    $0 + $4,575 related
    Filer's total
    $0 + $561,779 related

  • Paul Smith

    President, Providence Group (End 07/22); Interim President - Richmond (End 10/22)

    Total calculated
    $2,267,913
    From this org
    $0
    From related orgs
    $1,760,664
    Other
    $507,249
    Hours/week
    2.5 + 47.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $806,642 related
    Bonus
    $0 + $339,394 related
    Other
    $0 + $614,628 related
    Deferred
    $0 + $465,114 related
    Nontaxable benefits
    $0 + $42,135 related
    Filer's total
    $0 + $2,267,913 related

  • SHANNON Sinclair

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Birdie Jamison

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Brian Yanofchick

    CHIEF SPONSORSHIP OFFICER

    Total calculated
    $497,944
    From this org
    $0
    From related orgs
    $480,901
    Other
    $17,043
    Hours/week
    2.5 + 52.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $308,002 related
    Bonus
    $0 + $50,150 related
    Other
    $0 + $122,749 related
    Deferred
    $0 + $4,550 related
    Nontaxable benefits
    $0 + $12,493 related
    Filer's total
    $0 + $497,944 related

  • Chandrashekar Challa

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • CHRIS HAIRSTON-WHITE

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Joe SCHilling

    Board Member (01/22 - 03/22)

    Total calculated
    $0
    Hours/week
    2

  • Kyle Woolfolk Jr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 0.5 related

  • Lang LIEBman MD

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Linda Rigsby ESQ

    Board Member

    Total calculated
    $0
    Hours/week
    2 + 1.5 related

  • Makola Abdullah

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Regina ALBErt

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • ROSALYN HOBSON HARGRAVES MD

    Board Member (End 03/22)

    Total calculated
    $0
    Hours/week
    2

  • Sr Anne Marie MACK CBS

    Board Member (End 02/22)

    Total calculated
    $0
    Hours/week
    2 + 48 related

  • Sr Mary Shimo CBS

    Board Member (Beg 02/22)

    Total calculated
    $0
    Hours/week
    2 + 4.5 related

  • STUART BUNTING

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Rhodes Ritenour

    Secretary, VP External & Regulatory Affairs

    Total calculated
    $308,000
    From this org
    $0
    From related orgs
    $275,370
    Other
    $32,630
    Hours/week
    49.5 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $218,479 related
    Bonus
    $0 + $36,421 related
    Other
    $0 + $20,470 related
    Deferred
    $0 + $4,347 related
    Nontaxable benefits
    $0 + $28,283 related
    Filer's total
    $0 + $308,000 related

  • WILLIAM KUSNIERZ

    TREASURER/CFO - RICHMOND

    Total calculated
    $613,120
    From this org
    $0
    From related orgs
    $565,581
    Other
    $47,539
    Hours/week
    49 + 1 related

    Schedule J breakdown matched by us

    Base
    $0 + $364,405 related
    Bonus
    $0 + $121,270 related
    Other
    $0 + $79,906 related
    Deferred
    $0 + $35,696 related
    Nontaxable benefits
    $0 + $11,843 related
    Filer's total
    $0 + $613,120 related

  • BRENDA WOODCOCK

    CHIEF NURSING OFFICER - RICHMOND

    Total calculated
    $422,892
    From this org
    $0
    From related orgs
    $377,102
    Other
    $45,790
    Hours/week
    49.5 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $268,739 related
    Bonus
    $0 + $79,200 related
    Other
    $0 + $29,163 related
    Deferred
    $0 + $27,338 related
    Nontaxable benefits
    $0 + $18,452 related
    Filer's total
    $0 + $422,892 related

  • Christopher Accashian

    CHIEF OPERATING OFFICER - RICHMOND

    Total calculated
    $730,801
    From this org
    $643,484
    From related orgs
    $0
    Other
    $87,317
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $429,880
    Bonus
    $163,538
    Other
    $50,066
    Deferred
    $53,113
    Nontaxable benefits
    $34,204
    Filer's total
    $730,801

  • Peter Charvat

    Chief Clinical Officer - Richmond

    Total calculated
    $660,851
    From this org
    $623,157
    From related orgs
    $0
    Other
    $37,694
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $431,674
    Bonus
    $95,000
    Other
    $96,483
    Deferred
    $34,255
    Nontaxable benefits
    $3,439
    Filer's total
    $660,851

  • RYAN STUHLREYER

    VP SERVICE LINE STRATEGY - RICHMOND

    Total calculated
    $251,328
    From this org
    $225,570
    From related orgs
    $0
    Other
    $25,758
    Hours/week
    49 + 1 related

    Schedule J breakdown matched by us

    Base
    $186,821
    Bonus
    $25,574
    Other
    $13,175
    Deferred
    -$965
    Nontaxable benefits
    $26,723
    Filer's total
    $251,328

  • Bryan Lee

    Hospital President - SMH

    Total calculated
    $617,133
    From this org
    $552,657
    From related orgs
    $0
    Other
    $64,476
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $417,000
    Bonus
    $124,039
    Other
    $11,618
    Deferred
    $37,345
    Nontaxable benefits
    $27,131
    Filer's total
    $617,133

  • Joseph Wilkins

    Hospital President - SFMC

    Total calculated
    $510,886
    From this org
    $452,357
    From related orgs
    $0
    Other
    $58,529
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $326,843
    Bonus
    $105,000
    Other
    $20,514
    Deferred
    $31,244
    Nontaxable benefits
    $27,285
    Filer's total
    $510,886

  • Leigh Sewell

    Hospital President - MRMC and RGH

    Total calculated
    $563,087
    From this org
    $527,859
    From related orgs
    $0
    Other
    $35,228
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $331,166
    Bonus
    $108,306
    Other
    $88,387
    Deferred
    -$1,308
    Nontaxable benefits
    $36,536
    Filer's total
    $563,087

  • MARK WOOD MD

    GENERAL SURGEON

    Total calculated
    $454,676
    From this org
    $430,053
    From related orgs
    $0
    Other
    $24,623
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $376,954
    Bonus
    $0
    Other
    $53,099
    Deferred
    $4,550
    Nontaxable benefits
    $20,073
    Filer's total
    $454,676

  • Yvette Johnson-Threat

    VP Medical Affairs

    Total calculated
    $341,364
    From this org
    $469,187
    From related orgs
    $0
    Other
    -$127,823
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $366,218
    Bonus
    $70,500
    Other
    $32,469
    Deferred
    -$146,477
    Nontaxable benefits
    $18,654
    Filer's total
    $341,364

  • James Godwin

    Former SVP HR - Richmond

    Total calculated
    $153,994
    From this org
    $0
    From related orgs
    $146,539
    Other
    $7,455
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $38,069 related
    Other
    $0 + $108,470 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $7,455 related
    Filer's total
    $0 + $153,994 related

  • Jill KENNEDY

    FORMER CHIEF NURSING EXECUTIVE - RICHMOND

    Total calculated
    $63,455
    From this org
    $0
    From related orgs
    $487,055
    Other
    -$423,600
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $312,694 related
    Bonus
    $0 + $115,402 related
    Other
    $0 + $58,959 related
    Deferred
    $0 + -$442,245 related
    Nontaxable benefits
    $0 + $18,645 related
    Filer's total
    $0 + $63,455 related

  • MARK TOWNSEND

    Former Chief Clinical Officer - Richmond

    Total calculated
    $765,364
    From this org
    $0
    From related orgs
    $635,422
    Other
    $129,942
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $448,710 related
    Bonus
    $0 + $146,058 related
    Other
    $0 + $40,654 related
    Deferred
    $0 + $99,824 related
    Nontaxable benefits
    $0 + $30,118 related
    Filer's total
    $0 + $765,364 related

  • Paul Junod

    FORMER VP HR - RICHMOND

    Total calculated
    $366,650
    From this org
    $0
    From related orgs
    $354,335
    Other
    $12,315
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $123,552 related
    Bonus
    $0 + $65,102 related
    Other
    $0 + $165,681 related
    Deferred
    $0 + -$15,778 related
    Nontaxable benefits
    $0 + $28,093 related
    Filer's total
    $0 + $366,650 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

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Housing allowance or residence for personal use
Employer provided temporary housing for one key employee related to employee relocation. The entire benefit was treated as taxable compensation.
Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
Bon Secours Mercy Health, Inc., a related organization of the filing organization, uses the following to establish the compensation of the organization's CEO/Executive Director: Compensation Committee Independent Compensation Consultant Written Employment Contract Compensation Survey or Study Approval by the Board or Compensation Committee
Schedule J, Part I, Line 4a Severance or change-of-control payment
Severance Benefits consisting of continuation of base salary and insurance benefits were provided to listed individuals for specified periods. The listed individuals executed releases and waivers of claims in exchange for the severance benefits. Salary continuation amounts provided during the reporting year to listed individuals were as follows: James Godwin, $108,768; Paul Junod, $79,200.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
The filing organization participates in a Bon Secours sponsored executive retirement program that allows for deposits into additional retirement plans and is available only to officers and key employees. The 457F plan is a non-qualified plan and is subject to a minimum three-year service requirement before vesting on deposits made into this plan. Individuals that received a distribution or participated in the plan include: Christopher Accashian, $4,524; Leigh Sewell, $44,431.
Schedule J, Part I, Line 4b Terms and conditions of the Bon Secours Mercy Health System SERP
The Bon Secours Mercy Health System SERP is a non-qualified deferred compensation plan which provides supplemental retirement benefits to persons selected by the Board of Trustees or its delegate. The plan provides for annual credits of a specified percentage of an eligible participants base salary paid in a plan year and interest credits. Plan participants vest in plan credits after completing a three year class vesting schedule or earlier for death or total disability or reaching age 60 while employed, or due to involuntary separation of employment other than for cause. Payments during employment are made for required tax withholding and reduce the participants account balance. Distribution of the vested account balance in a lump sum occurs after termination of employment. Amounts includible as taxable compensation for listed individuals due to SERP participation in the reporting year were as follows: Faraaz Yousuf, $22,941; Paul Junod, $71,071; Christopher Accashian, $0; Jill Kennedy, $25,322; William Kusnierz, $27,913; Brian Yanofchick, $34,000; Paul Smith, $309,220; Bryan Lee, $0; Leigh Sewell, $0; Joseph Wilkins, $0; Brenda Woodcock, $0; Michael Lutes, $0; Peter Charvat, $0; Mark Townsend, $0.
Schedule J, Part I, Line 7 NON-FIXED PAYMENTS
The organization provides annual incentive compensation for listed individuals. The organization's Board of Trustees establishes objective thresholds which must be achieved for incentives to be awarded. The Board also establishes threshold, target and maximum levels for incentive awards. Within the established parameters, the Board determines the CEO's incentive award and incentive awards for other listed individuals are determined by the listed individual's supervisor and disclosed to the Board. The Board may authorize modified incentive awards when appropriate in its judgment.
Schedule J, Part II, Column (C) REPORTING NEGATIVE DEFERRED COMPENSATION
ANNUAL ACTUARIALLY-DETERMINED CONTRIBUTIONS TO DEFINED BENEFIT PLANS, WHICH ARE BASED ON PRIOR PLAN CONTRIBUTIONS, CHANGES IN INTEREST RATES, THE PRESENT VALUE OF ACCRUED BENEFITS, AND OTHER DATA AND ASSUMPTIONS ABOUT THE FUTURE, MAY, FOR SOME PLAN PARTICIPANTS AND FOR SOME PLAN YEARS, RESULT IN NEGATIVE CONTRIBUTION AMOUNTS.

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202303179349303580

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