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Nonprofiteer
← RYDER MEMORIAL HOSPITAL INC

Form 990 for tax year 2024

Filed by RYDER MEMORIAL HOSPITAL INC.

Totals

Total revenue
$50,553,382
Total expenses
$48,732,635
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$50,401,757
Investment income
$151,625
Other revenue
$0
Total assets, end of year
$40,072,752
Total liabilities, end of year
$29,416,774
Net assets or fund balances, end of year
$10,655,978
Program services expenses (Part IX)
$29,767,279
Management and general expenses
$18,965,356
Fundraising expenses
$0
Program service expenses (Part III)
$29,767,279

Program services were 61.1% 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: HOSPITAL & MEDICAL SERVICES

    total $42,099,060 · excluded $42,099,060

  • 2b · Program service revenue: ALL OTHER SERVICE REVENUE

    total $4,422,347 · excluded $4,422,347

  • 2c · Program service revenue: CAPITATION REVENUE

    total $3,864,776 · excluded $3,864,776

  • 2d · Program service revenue: EHR INCOME

    total $15,574 · excluded $15,574

  • 3 · Investment income

    total $151,625 · excluded $151,625

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $581,427 · management and general $581,427

  • 6 · Compensation of disqualified persons

    total $16,480,913 · program services $11,942,575 · management and general $4,538,338

  • 8 · Pension plan contributions

    total $232,941 · management and general $232,941

  • 9 · Other employee benefits

    total $824,952 · program services $546,768 · management and general $278,184

  • 10 · Payroll taxes

    total $1,810,561 · program services $1,642,686 · management and general $167,875

  • 11g · Fees: other

    total $7,013,651 · program services $4,235,467 · management and general $2,778,184

  • 20 · Interest

    total $425,807 · management and general $425,807

  • 22 · Depreciation, depletion and amortization

    total $3,208,920 · management and general $3,208,920

  • 23 · Insurance

    total $1,672,758 · program services $1,672,758

  • 24a · Other expenses: SUPPLIES

    total $9,871,227 · program services $3,779,848 · management and general $6,091,379

  • 24b · Other expenses: HOSPITAL SERVICE COSTS

    total $2,465,077 · program services $2,465,077

  • 24c · Other expenses: UTILITIES

    total $1,893,819 · program services $1,833,944 · management and general $59,875

  • 24d · Other expenses: OTHER EXPENSES

    total $1,483,844 · program services $881,418 · management and general $602,426

  • 24e · All other expenses

    total $766,738 · program services $766,738

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,453,492 · end of year $10,162,270

  • 4 · Accounts receivable

    beginning of year $8,104,313 · end of year $8,542,502

  • 8 · Inventories for sale or use

    beginning of year $815,475 · end of year $790,746

  • 9 · Prepaid expenses and deferred charges

    beginning of year $357,038 · end of year $562,052

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

    $41,199,635

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

    $23,103,197

  • 10c · Land, buildings and equipment, net

    beginning of year $17,660,563 · end of year $18,096,438

  • 11 · Investments: publicly traded securities

    beginning of year $81,740 · end of year $157,970

  • 15 · Other assets

    beginning of year $2,346,246 · end of year $1,760,774

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,399,228 · end of year $12,889,604

  • 19 · Deferred revenue

    beginning of year $157,098 · end of year $2,898,061

  • 25 · Other liabilities

    beginning of year $9,253,686 · end of year $13,629,109

  • 27 · Net assets without donor restrictions

    beginning of year $10,008,855 · end of year $10,655,978

Mission and programs · 2024

Mission

THE HOSPITAL PROVIDES NEEDED HEALTH CARE SERVICES TO THE COMMUNITY.

  • THE ORGANIZATION IS A NON-PROFIT HOSPITAL ORGANIZED UNDER THE LAWS OF THE GOVERNMENT OF PUERTO RICO WHICH PROVIDES INPATIENT AND OUTPATIENT SERVICES, INCLUDING EMERGENCY SERVICES. THE SERVICES ARE PROVIDED PRIMARILY TO THE POPULATION UNDER THE MEDICARE PROGRAM, PUERTO RICO HEALTH REFORM PROGRAM AND COMMERCIAL INSURANCE CARRIERS. FOR THE YEAR ENDED DECEMBER 31, 2024, HOSPITAL INPATIENT ADMISSIONS WERE 4,521, AN INCREASE OF 455 ADMISSIONS COMPARED WITH THE YEAR 2023. PATIENT DAYS AMOUNTED TO 27,887.

    Expenses $29,767,279 · Revenue $50,401,757

As filed on the 2024 return.

Listed in Part VII

  • Deanne Hallman

    MEDICAL DIRE

    Total calculated
    $161,090
    From this org
    $156,467
    From related orgs
    $0
    Other
    $4,623
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,467
    Bonus
    not reported
    Other
    not reported
    Deferred
    $4,623
    Nontaxable benefits
    not reported
    Filer's total
    $161,090
  • Carmen M Colon Melendez

    EXECUTIVE DI

    Total calculated
    $147,040
    From this org
    $133,736
    From related orgs
    $0
    Other
    $13,304
    Hours/week
    40
  • Wanda Barreto Martinez

    FINANCE DIRE

    Total calculated
    $110,849
    From this org
    $107,561
    From related orgs
    $0
    Other
    $3,288
    Hours/week
    40
  • Lourdes Martinez Rodriguez

    ADMINISTRATO

    Total calculated
    $92,732
    From this org
    $92,732
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Mayra V Estrella Perezvaldivieso

    LEGAL ADVISO

    Total calculated
    $92,731
    From this org
    $90,931
    From related orgs
    $0
    Other
    $1,800
    Hours/week
    40
  • Carmen S Albino

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    4
  • Esther Aleman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Miriam Alicea

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Miriam N Alicea

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Benjamin Berrios

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Pedro J Diaz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Angel Ecepeda

    TREASURER

    Total calculated
    $0
    Hours/week
    4
  • Carmen S Garcia

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4
  • Jesus Jusino

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Carmen Alicia Nebot

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Arcadia Ortiz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jesus M Reina

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Juan M Mendez Rosa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Elda Elis Rosario

    SECRETARY

    Total calculated
    $0
    Hours/week
    4
  • Elba Santana

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

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

None.

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

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 November 2025
IRS schema version
2024v5.0
Source object
202503189349307530

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