Skip to content
Nonprofiteer
← RIVERSIDE COUNTY FOUNDATION FOR MEDICAL CARE

Form 990 for tax year 2023

Filed by RIVERSIDE COUNTY FOUNDATION FOR MEDICAL CARE.

Totals

Total revenue
$3,483,856
Total expenses
$2,546,393
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$3,239,317
Investment income
$177,428
Other revenue
$67,111
Total assets, end of year
$9,932,146
Total liabilities, end of year
$185,455
Net assets or fund balances, end of year
$9,746,691
Program services expenses (Part IX)
$2,311,955
Management and general expenses
$234,438
Fundraising expenses
$0
Program service expenses (Part III)
$2,311,955

Program services were 90.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: ACO REVENUE

    total $2,799,817 · related or exempt $2,799,817

  • 2b · Program service revenue: FELLOWSHIP

    total $410,000 · related or exempt $410,000

  • 2c · Program service revenue: POPULATION HEALTH MANA

    total $29,500 · related or exempt $29,500

  • 3 · Investment income

    total $218,275 · excluded $218,275

  • 6a · Gross rents

    real property $259,724

  • 6b · Less rental expenses

    real property $200,803

  • 6c · Rental income or loss

    real property $58,921

  • 6d · Net rental income or loss

    total $58,921 · related or exempt $58,921

  • 7a · Gross sales of assets other than inventory

    securities $428,233

  • 7b · Less cost or other basis and sales expenses

    securities $469,080

  • 7c · Gain or loss

    securities -$40,847

  • 7d · Net gain or loss

    total -$40,847 · excluded -$40,847

  • 11a · Other revenue: MISCELLANEOUS

    total $8,190 · related or exempt $8,190

  • 11e · Other revenue, total

    $8,190

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $1,292,078 · program services $1,161,876 · management and general $130,202

  • 11b · Fees: legal

    total $26,520 · program services $12,138 · management and general $14,382

  • 11g · Fees: other

    total $413,702 · program services $399,078 · management and general $14,624

  • 13 · Office expenses

    total $15,076 · program services $8,568 · management and general $6,508

  • 14 · Information technology

    total $34,309 · program services $34,309

  • 16 · Occupancy

    total $62,095 · program services $58,432 · management and general $3,663

  • 19 · Conferences, conventions and meetings

    total $145,723 · program services $125,872 · management and general $19,851

  • 22 · Depreciation, depletion and amortization

    total $10,332 · program services $447 · management and general $9,885

  • 23 · Insurance

    total $56,365 · program services $27,587 · management and general $28,778

  • 24a · Other expenses: PRACTICE SUPPORT

    total $410,000 · program services $410,000

  • 24b · Other expenses: REPAIRS & MAINTENANCE

    total $38,029 · program services $32,026 · management and general $6,003

  • 24c · Other expenses: EDUCATION & TRAINING

    total $22,346 · program services $22,346

  • 24d · Other expenses: AUTO EXPENSE

    total $16,173 · program services $15,647 · management and general $526

  • 24e · All other expenses

    total $3,645 · program services $3,629 · management and general $16

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,526,726 · end of year $3,917,306

  • 4 · Accounts receivable

    end of year $384,017

  • 9 · Prepaid expenses and deferred charges

    beginning of year $73,678 · end of year $72,983

  • 10a · Land, buildings and equipment: cost or other basis

    $2,347,996

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,017,084

  • 10c · Land, buildings and equipment, net

    beginning of year $1,380,606 · end of year $1,330,912

  • 12 · Investments: other securities

    beginning of year $3,285,349 · end of year $4,105,383

  • 13 · Investments: program-related

    beginning of year $125,771 · end of year $121,545

  • 15 · Other assets

    beginning of year $262,631 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $130,887 · end of year $63,978

  • 19 · Deferred revenue

    beginning of year $19,260 · end of year $6,145

  • 25 · Other liabilities

    beginning of year $0 · end of year $115,332

  • 27 · Net assets without donor restrictions

    beginning of year $8,504,614 · end of year $9,746,691

Mission and programs · 2023

Mission

TO PROMOTE, DEVELOP AND ENCOURAGE THE DISTRIBUTION OF MEDICAL SERVICES BY ITS MEMBERS TO PEOPLE OF RIVERSIDE COUNTY AT A REASONABLE COST FOR PATIENT AND PHYSICIAN THROUGH EFFICIENT ADMINISTRATION OF HEALTH CARE SERVICES.

Activities or mission (Part I)

TO PROMOTE, DEVELOP AND ENCOURAGE THE DISTRIBUTION OF MEDICAL SERVICES BY ITS MEMBERS TO PEOPLE OF RIVERSIDE COUNTY AT A REASONABLE COST FOR PATIENT AND PHYSICIAN THROUGH EFFICIENT ADMINISTRATION OF HEALTH CARE.

  • CFMC/MADDY/NETWORK SERVICES REIMBURSES PHYSICIANS FOR UNPAID EMERGENCY ROOM BASED CLAIMS

    Expenses $197,963

  • THE ORGANIZATION CREATED A FELLOWSHIP PROGRAM WHICH SERVES AS THE FOUNDATIONAL ELEMENT OF A FIRST OF A KIND FULLY INTEGRATED POPULATION HEALTH FELLOWSHIP PROGRAM IN THE NATION. THE FELLOWSHIP PREPARES PRIMARY CARE PHYSICIANS FROM THE START TO LEAD INTERDISCIPLINARY TEAMS THAT CHALLENGE THE STATUS QUO BY DEVELOPING AND TESTING NEW STRATEGIES AND WORKFLOWS FOR OPTIMIZING THE HEALTH AND WELL-BEING OF OUR COMMUNITIES. A COMPREHENSIVE 12-MONTH CURRICULUM IS INCLUDED THAT COVERS KEY POPULATION HEALTH TOPICS AS WELL AS STRUCTURED ASSIGNMENTS WITH MEASURABLE OUTCOMES DESIGNED TO TRANSFORM PROVIDER AND PRACTICE PERFORMANCE DURING THE FELLOWSHIP YEAR. THE PROGRAM ALSO OFFERS LOAN FORGIVENESS INCENTIVES TO HELP REDUCE THE PRESSURES OF STUDENT DEBT AND ELIMINATE THE STRAIN OF LOW-PAYING FELLOWSHIP PROGRAMS.

    Expenses $471,705 · Revenue $410,000

  • THE ORGANIZATION ADOPTED A QUALITY IMPROVEMENT PROGRAM WHICH SUPPORTS PRIMARY CARE PHYSICIANS WHO ARE CONTRACTED DIRECTLY FOR THEIR PATIENTS. THE OBJECTIVE OF THE PROJECT IS TO HELP DOCTORS IMPROVE QUALITY MEASURES AND CLOSE GAPS IN CARE. USING A DATA ANALYTICS TOOL, THE PROVIDERS CAN ACCESS ACTIONABLE DATA TO IMPROVE PATIENT CARE COORDINATION, ADDRESS CHRONIC CONDITIONS, CONNECT DIAGNOSTIC CODING, REVIEW PHARMACY MANAGEMENT, AND ADDRESS QUALITY MEASURES.

    Expenses $1,635,147

  • THE ORGANIZATION OPERATES AN ACCOUNTABLE CARE ORGANIZATION (ACO) WHICH IS PHYSICIAN DRIVEN AND CONTROLLED, AND IS DEDICATED TO TRANSPARENCY AND WORKING COLLABORATIVELY WITH OTHER PHYSICIANS TO PROVIDE HIGH-QUALITY, COST-EFFECTIVE CARE TO PATIENTS. THE ORGANIZATION ALSO PROVIDES EDUCATIONAL AND PRACTICE ASSISTANCE RESOURCES TO ASSIST PHYSICIANS PROVIDING CARE TO PATIENTS WITH MULTIPLE CHRONIC CONDITIONS WHO ARE INSURED THROUGH THE GOVERNMENT (MEDICARE AND MEDI-CAL).EDUCATIONAL PROGRAMS TO IMPROVE PRACTICE PERFORMANCE AND LEAD THE CHARGE FOR HEALTHCARE TRANSFORMATION AND OTHER PROGRAM SERVICES TO PERFORM CLAIMS ADMINISTRATION TO REIMBURSE PHYSICIANS WHO PROVIDE EMERGENCY CARE TO INDIGENT PATIENTS UNDER THE COUNTY OF RIVERSIDE'S EMS/MADDY PROGRAM AND PROVIDES MANAGEMENT SERVICES TO THE CALIFORNIA FOUNDATION FOR MEDICAL CARE.

    Expenses $7,140 · Revenue $2,896,428

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Gary Feinberg MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Calvin Patel MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sunny Uppal MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Alonso Ojeda MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Raj Sindher MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Mahbuba Khan MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Rahul Nayyar MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tarek Mahdi MD

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • John Fagan MD

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Dolores Green

    CEO

    Total calculated
    $526,914
    From this org
    $0
    From related orgs
    $478,758
    Other
    $48,156
    Hours/week
    2 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $343,758 related
    Bonus
    $0 + $135,000 related
    Other
    $0
    Deferred
    $0 + $31,489 related
    Nontaxable benefits
    $0 + $16,667 related
    Filer's total
    $0 + $526,914 related

  • Melanie Crane MD

    SECRETARY/ CFO

    Total calculated
    $0
    Hours/week
    5

  • Teresa Herrera

    EMPLOYEE

    Total calculated
    $174,108
    From this org
    $0
    From related orgs
    $149,693
    Other
    $24,415
    Hours/week
    2 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $135,897 related
    Bonus
    $0 + $13,796 related
    Other
    $0
    Deferred
    $0 + $7,588 related
    Nontaxable benefits
    $0 + $16,827 related
    Filer's total
    $0 + $174,108 related

  • Evelyn Garcia

    EMPLOYEE

    Total calculated
    $168,046
    From this org
    $0
    From related orgs
    $168,046
    Other
    $0
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $0 + $152,746 related
    Bonus
    $0 + $15,300 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $168,046 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 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

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

PART I, LINE 3
THE CEO MAINTAINS A CONTRACT ESTABLISHED BY THE COMPENSATION COMMITTEE. DURING THE RENEWAL PROCESS, THE COMP COMMITTEE AND CEO PROVIDES WAGES FOR COMPARABLE POSITIONS. THE COMPENSATION COMMITTEE REVIEWS THE SALARY AND VOTES ON THE AMOUNT BASED ON FUNDS AVAILABLE

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.

Related corporations and trusts

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

  • FOUNDATION ADMINISTRATIVE SERVICES INC

    C · EMPLOYER OF RECORD & ADMINISTRATIVE SERVICES · CA · 100% owned · controlled entity

    Directly controlled by RIVERSIDE COUNTY FOUNDATION FOR MEDICAL CARE

  • INLAND EMPIRE FOUNDATION FOR MEDICAL CARE

    C · SERVICE FOR MEDICAL CARE · CA · 100% owned · controlled entity

    Directly controlled by RIVERSIDE COUNTY FOUNDATION FOR MEDICAL CARE

Provenance

Return type
form_990
Tax year
2023
Filed
23 July 2024
IRS schema version
2023v5.1
Source object
202432129349301743

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

The source document this was parsed from is served over the API, which is where bulk and document access live.