Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $0

• 1d · Related organizations

  $0

• 1e · Government grants (contributions)

  $793,396

• 1f · All other contributions, gifts and grants

  $0

• 2a · Program service revenue: PATIENT REVENUE

  total $101,998,920 · related or exempt $101,998,920

• 2b · Program service revenue: AFFILIATE INCOME(C3)

  total $1,282,678 · related or exempt $1,282,678

• 2c · Program service revenue: PHARMACY SALES

  total $2,564,524 · related or exempt $2,564,524

• 2d · Program service revenue: ALL OTHER PROGRAM SERVICES REVENUE

  total $12,767 · related or exempt $12,767

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $9,162 · excluded $9,162

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  other assets $27,582

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

  other assets $48,711

• 7c · Gain or loss

  securities $0 · other assets -$21,129

• 7d · Net gain or loss

  total -$21,129 · excluded -$21,129

• 8a · Fundraising events: gross income

  $0

• 8b · Fundraising events: direct expenses

  $0

• 9a · Gaming: gross income

  $0

• 9b · Gaming: direct expenses

  $0

• 10a · Gross sales of inventory

  $0

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11a · Other revenue: CAFETERIA REVENUE

  total $303,482 · excluded $303,482

• 11b · Other revenue: ALL OTHER REVENUE

  total $366 · excluded $366

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $303,848

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,944 · program services $2,944

• 2 · Grants to domestic individuals

  total $10,569 · program services $10,569

• 4 · Benefits paid to or for members

  total $0 · program services $0

• 5 · Compensation of officers, directors and key employees

  total $194,801 · management and general $194,801 · fundraising $0

• 7 · Other salaries and wages

  total $28,875,468 · program services $27,893,758 · management and general $981,710 · fundraising $0

• 8 · Pension plan contributions

  total $1,361,801 · program services $1,361,801 · fundraising $0

• 9 · Other employee benefits

  total $3,942,773 · program services $3,798,355 · management and general $144,418 · fundraising $0

• 10 · Payroll taxes

  total $2,024,042 · program services $1,959,321 · management and general $64,721 · fundraising $0

• 11a · Fees: management

  total $2,309,673 · program services $1,381,236 · management and general $928,437 · fundraising $0

• 11b · Fees: legal

  total $5,080 · program services $5,080 · fundraising $0

• 11c · Fees: accounting

  total $419,332 · management and general $419,332 · fundraising $0

• 11g · Fees: other

  total $5,115,541 · program services $4,925,824 · management and general $189,717 · fundraising $0

• 12 · Advertising and promotion

  total $345,657 · program services $7,712 · management and general $337,945 · fundraising $0

• 13 · Office expenses

  total $492,401 · program services $425,412 · management and general $66,989 · fundraising $0

• 14 · Information technology

  total $2,234,159 · program services $216,926 · management and general $2,017,233 · fundraising $0

• 16 · Occupancy

  total $5,725,012 · program services $5,253,998 · management and general $471,014 · fundraising $0

• 17 · Travel

  total $295,671 · program services $290,198 · management and general $5,473 · fundraising $0

• 20 · Interest

  total $49 · program services $49

• 21 · Payments to affiliates

  total $0 · fundraising $0

• 22 · Depreciation, depletion and amortization

  total $6,036,994 · program services $5,908,466 · management and general $128,528

• 23 · Insurance

  total $635,023 · management and general $635,023

• 24a · Other expenses: MEDICAL SUPPLIES

  total $16,496,885 · program services $16,273,229 · management and general $223,656

• 24b · Other expenses: SERVICES FROM AFFILIATES

  total $10,129,435 · program services $5,635,953 · management and general $4,493,482

• 24c · Other expenses: BAD DEBT

  total $1,429,251 · program services $1,429,251

• 24d · Other expenses: MEDICAID ASSESSMENT

  total $4,305,618 · program services $4,305,618

• 24e · All other expenses

  total $392,542 · program services $391,480 · management and general $1,062 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,118 · end of year $3,405

• 2 · Savings and temporary cash investments

  beginning of year $0 · end of year $0

• 3 · Pledges and grants receivable

  beginning of year $0 · end of year $0

• 4 · Accounts receivable

  beginning of year $13,905,329 · end of year $17,749,657

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $1,228,485 · end of year $1,545,071

• 9 · Prepaid expenses and deferred charges

  beginning of year $676,710 · end of year $1,609,681

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

  $134,366,588

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

  $78,855,814

• 10c · Land, buildings and equipment, net

  beginning of year $57,600,450 · end of year $55,510,774

• 11 · Investments: publicly traded securities

  beginning of year $0 · end of year $0

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $0 · end of year $775,630

• 17 · Accounts payable and accrued expenses

  beginning of year $15,250,937 · end of year $6,003,637

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $3,745,966 · end of year $455

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $0 · end of year $0

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $12,916,167 · end of year $15,525,659

• 27 · Net assets without donor restrictions

  beginning of year $40,689,849 · end of year $54,853,294

• 28 · Net assets with donor restrictions

  beginning of year $811,173 · end of year $811,173

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

THE COMPENSATION COMMITTEE OF THE PARENT CORPORATION, RIVERSIDE HEALTHCARE ASSOCIATION, INC. REVIEWS AND APPROVES THE COMPENSATION FOR TOP MANAGEMENT USING INDEPENDENT CONSULTANTS AND SURVEYS.

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

JOHN PAUL PETERMAN $37,500 JASON O HOUSER $48,186 MICHAEL DACEY MD $111,540 NICOLAS CHUQUIN $10,049 WALTER WILLIAM AUSTIN JR $82,369 WILLIAM BURNS DOWNEY $212,100 TOTAL $501,744 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.

Related partnerships

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

• AT HOME PARTNERS

  N/A · MANAGEMENT · VA

  Directly controlled by NA

Related corporations and trusts

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

• PENINSULA HOSPITAL SERVICES

  C Corporation · LAUNDRY · VA

  Directly controlled by na

• RHS MEDINSUR LTD

  C Corporation · INSURANCE · BD

  Directly controlled by na

• RIVERSIDE MEDICAL EQUIPMENT COMPANY INC

  C Corporation · BILLING · VA

  Directly controlled by NA