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Nonprofiteer
← RIVERSIDE HEALTHCARE ASSOCIATION INC

Form 990 for tax year 2022

Filed by RIVERSIDE HEALTHCARE ASSOCIATION INC.

Totals

Total revenue
$39,613,541
Total expenses
$36,663,478
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$18,288,017
Investment income
$21,029,066
Other revenue
$296,458
Total assets, end of year
$763,685,714
Total liabilities, end of year
$559,190,767
Net assets or fund balances, end of year
$204,494,947
Program services expenses (Part IX)
$34,386,750
Management and general expenses
$2,276,728
Fundraising expenses
$0
Program service expenses (Part III)
$34,386,750

Program services were 93.8% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $0

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: PROGRAM SERVICES

    total $15,521 · related or exempt $15,521 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: AFFILIATE INCOME C(3)

    total $18,272,496 · related or exempt $18,272,496 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $19,682,509 · related or exempt $19,463,942 · unrelated business $170,197 · excluded $48,370

  • 4 · Income from investment of tax-exempt bond proceeds

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

  • 5 · Royalties

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

  • 6a · Gross rents

    real property $22,175 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $22,175 · personal property $0

  • 6d · Net rental income or loss

    total $22,175 · related or exempt $0 · unrelated business $0 · excluded $22,175

  • 7a · Gross sales of assets other than inventory

    securities $1,169,497 · other assets $842,285

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

    securities $0 · other assets $665,225

  • 7c · Gain or loss

    securities $1,169,497 · other assets $177,060

  • 7d · Net gain or loss

    total $1,346,557 · related or exempt $0 · unrelated business $0 · excluded $1,346,557

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $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: OTHER OPERATING REVENUE

    total $252,519 · related or exempt $252,519 · unrelated business $0 · excluded $0

  • 11b · Other revenue: UNCLAIMED PROPERTY RECOVERY

    total $21,764 · related or exempt $21,764 · unrelated business $0 · excluded $0

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $274,283

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 8 · Pension plan contributions

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11a · Fees: management

    total $26,146 · program services $26,146 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $49,248 · program services $0 · management and general $49,248 · fundraising $0

  • 11c · Fees: accounting

    total $16,471 · program services $16,471 · management and general $0 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $1,665,449 · program services $1,665,376 · management and general $73 · fundraising $0

  • 12 · Advertising and promotion

    total $828 · program services $0 · management and general $828 · fundraising $0

  • 13 · Office expenses

    total $25,208 · program services $0 · management and general $25,208 · fundraising $0

  • 14 · Information technology

    total $87,336 · program services $87,336 · management and general $0 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $5,766,021 · program services $3,804,618 · management and general $1,961,403 · fundraising $0

  • 17 · Travel

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 20 · Interest

    total $15,408,062 · program services $15,245,966 · management and general $162,096 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $13,426,938 · program services $13,349,066 · management and general $77,872 · fundraising $0

  • 23 · Insurance

    total $112,725 · program services $112,725 · management and general $0 · fundraising $0

  • 24a · Other expenses: FOOD SUPPLIES

    total $1,327 · program services $1,327 · management and general $0 · fundraising $0

  • 24b · Other expenses: TAXES

    total $77,719 · program services $77,719 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $112,805,925 · end of year $24,371,534

  • 2 · Savings and temporary cash investments

    beginning of year $45,405,447 · end of year $10,931,108

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $295,134,434 · end of year $19,925,210

  • 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 $986,400 · end of year $996,000

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,608,502 · end of year $2,698,962

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

    $341,148,226

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

    $88,546,874

  • 10c · Land, buildings and equipment, net

    beginning of year $263,985,796 · end of year $252,601,352

  • 11 · Investments: publicly traded securities

    beginning of year $11,583,601 · end of year $11,010,227

  • 12 · Investments: other securities

    beginning of year $4,943,576 · end of year $2,115,138

  • 13 · Investments: program-related

    beginning of year $18,639,063 · end of year $25,728,773

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $11,724,370 · end of year $413,307,410

  • 17 · Accounts payable and accrued expenses

    beginning of year $36,055,238 · end of year $27,008,182

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $220,815,144 · end of year $215,039,464

  • 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 $304,778,437 · end of year $305,260,888

  • 24 · Unsecured notes and loans payable

    beginning of year $323,733 · end of year $0

  • 25 · Other liabilities

    beginning of year $16,666,330 · end of year $11,882,233

  • 27 · Net assets without donor restrictions

    beginning of year $190,178,232 · end of year $204,494,947

Mission and programs · 2022

Mission

TO CARE FOR OTHERS AS WE WOULD CARE FOR THOSE WE LOVE - TO ENHANCE THEIR WELL-BEING AND IMPROVE THEIR HEALTH.

Activities or mission (Part I)

HEALTHCARE SYSTEM PARENT ORGANIZATION THAT OVERSEES, MANAGES, AND PROVIDES FINANCIAL AND PROGRAMMATIC COORDINATION FOR ALL RELATED TAX EXEMPT AFFILIATES.

  • OVERSEES AND COORDINATES THE DEVELOPMENT AND CONTINUED PROVISION OF QUALITY HEALTHCARE SERVICES THROUGH RELATED NON-PROFIT GENERAL HOSPITAL, LONG TERM CARE AND PHYSICIAN SERVICES TO LOCAL COMMUNITIES.

    Expenses $34,386,750 · Revenue $38,026,242

As filed on the 2022 return.

Listed in Part VII

  • Gabriel A Morgan

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Thomas Byrd

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • William Burns Downey

    Board Member/CEO, RHS

    Total calculated
    $1,665,341
    From this org
    $0
    From related orgs
    $1,596,820
    Other
    $68,521
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,047,196 related
    Bonus
    $0 + $311,888 related
    Other
    $0 + $237,736 related
    Deferred
    $0 + $41,895 related
    Nontaxable benefits
    $0 + $26,626 related
    Filer's total
    $0 + $1,665,340 related

  • Alexis Swann

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Conway W Smith III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Daniel J Sherlock

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • David F Jones MD

    BOARD MEMBER/RMG PHYSICIAN

    Total calculated
    $438,212
    From this org
    $0
    From related orgs
    $396,556
    Other
    $41,656
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $181,960 related
    Bonus
    $0 + $67,167 related
    Other
    $0 + $147,429 related
    Deferred
    $0 + $24,318 related
    Nontaxable benefits
    $0 + $17,338 related
    Filer's total
    $0 + $438,212 related

  • Dwayne B Blake

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • George Royden Goodson III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Harold D Jones

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Jorge Yinat

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Robert D Crockett

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Valerie C Butler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • William L Brauer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Jason O Houser

    GENERAL COUNSEL/SECRETARY, RHS

    Total calculated
    $663,264
    From this org
    $0
    From related orgs
    $577,876
    Other
    $85,388
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $393,484 related
    Bonus
    $0 + $122,602 related
    Other
    $0 + $61,790 related
    Deferred
    $0 + $43,588 related
    Nontaxable benefits
    $0 + $41,800 related
    Filer's total
    $0 + $663,264 related

  • Michael Dacey MD

    PRESIDENT/COO, RHS

    Total calculated
    $1,106,101
    From this org
    $0
    From related orgs
    $1,084,156
    Other
    $21,945
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $774,298 related
    Bonus
    $0 + $178,746 related
    Other
    $0 + $131,112 related
    Deferred
    $0 + $12,770 related
    Nontaxable benefits
    $0 + $9,175 related
    Filer's total
    $0 + $1,106,100 related

  • Nancy Wick Littlefield

    EVP/CNO, RHS

    Total calculated
    $516,895
    From this org
    $0
    From related orgs
    $488,776
    Other
    $28,119
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $264,050 related
    Bonus
    $0 + $147,551 related
    Other
    $0 + $77,175 related
    Deferred
    $0 + $13,425 related
    Nontaxable benefits
    $0 + $14,694 related
    Filer's total
    $0 + $516,895 related

  • Walter William Austin Jr

    EVP, CFO & TREASURER

    Total calculated
    $852,075
    From this org
    $0
    From related orgs
    $814,415
    Other
    $37,660
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $549,593 related
    Bonus
    $0 + $162,881 related
    Other
    $0 + $101,941 related
    Deferred
    $0 + $13,425 related
    Nontaxable benefits
    $0 + $24,235 related
    Filer's total
    $0 + $852,075 related

  • Barbara Labonte

    RHS-Associate Vice President Budget Tax & Reimbursement

    Total calculated
    $356,444
    From this org
    $0
    From related orgs
    $304,303
    Other
    $52,141
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $220,428 related
    Bonus
    $0 + $72,206 related
    Other
    $0 + $11,669 related
    Deferred
    $0 + $33,913 related
    Nontaxable benefits
    $0 + $18,228 related
    Filer's total
    $0 + $356,445 related

  • Linwood Nelson

    RHS-Associate Vice President Chief Finance Officer LLH

    Total calculated
    $348,259
    From this org
    $0
    From related orgs
    $281,898
    Other
    $66,361
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $213,466 related
    Bonus
    $0 + $58,479 related
    Other
    $0 + $9,953 related
    Deferred
    $0 + $36,554 related
    Nontaxable benefits
    $0 + $29,807 related
    Filer's total
    $0 + $348,258 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 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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 4b Supplemental nonqualified retirement plan
JASON HOUSER $48,186 MICHAEL DACEY $111,540 NANCY LITTLEFIELD $65,989 WALTER AUSTIN $82,369 WILLIAM DOWNEY $212,100 ------------------------------- TOTAL $520,184 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.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • QUARTERPATH WILLIAMSBURG LLC

    REAL ESTATE · VA · income $0 · assets $12,627,687

    Directly controlled by RIVHCASSC

Related partnerships

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

  • AT HOME PARTNERS

    Excluded · MANAGEMENT · VA · 80% owned · share of income $0 · share of assets $0 · general or managing partner

    Directly controlled by RIVRETSVC

Related corporations and trusts

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

  • PENINSULA HOSPITAL SERVICES

    C Corporation · LAUNDRY · VA · 100% owned · share of income $0 · share of assets $0 · controlled entity

    Directly controlled by na

  • RHS MEDINSUR LTD

    C Corporation · INSURANCE · BD · 100% owned · share of income $14,599,167 · share of assets $57,462,783 · controlled entity

    Directly controlled by na

  • RIVERSIDE MEDICAL EQUIPMENT COMPANY INC

    C Corporation · BILLING · VA · 100% owned · share of income $0 · share of assets $0

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202313189349311206

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