Skip to content
Nonprofiteer
← RIVERBEND MEDICAL GROUP INC

Form 990 for tax year 2022

Filed by RIVERBEND MEDICAL GROUP INC.

Totals

Total revenue
$75,039,175
Total expenses
$94,607,161
Contributions and grants received
$76,000
Grants paid
$0
Program service revenue
$71,712,600
Investment income
$0
Other revenue
$3,250,575
Total assets, end of year
$44,506,949
Total liabilities, end of year
$57,736,153
Net assets or fund balances, end of year
-$13,229,204
Program services expenses (Part IX)
$87,325,297
Management and general expenses
$7,281,864
Fundraising expenses
$0
Program service expenses (Part III)
$87,325,297

Program services were 92.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • FREDERIK PENNINGS MD

    NEUROSURGEON

    Total calculated
    $1,140,548
    From this org
    $1,095,143
    From related orgs
    $0
    Other
    $45,405
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,038,145
    Bonus
    $53,125
    Other
    $3,873
    Deferred
    $13,725
    Nontaxable benefits
    $31,680
    Filer's total
    $1,140,548
  • NATASHA MCKAY MD

    NEUROSURGEON

    Total calculated
    $900,212
    From this org
    $670,764
    From related orgs
    $185,955
    Other
    $43,493
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $628,943 + $185,579 related
    Bonus
    $40,083
    Other
    $1,738 + $376 related
    Deferred
    $14,328 + $3,972 related
    Nontaxable benefits
    $19,388 + $5,805 related
    Filer's total
    $704,480 + $195,732 related
  • LAKI ROUSOU MD

    THORACIC SURGEON

    Total calculated
    $862,083
    From this org
    $823,171
    From related orgs
    $0
    Other
    $38,912
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $819,651
    Bonus
    $0
    Other
    $3,520
    Deferred
    $13,725
    Nontaxable benefits
    $25,187
    Filer's total
    $862,083
  • ELIE SEMAAN MD

    VASCULAR SURGEON

    Total calculated
    $853,848
    From this org
    $809,624
    From related orgs
    $0
    Other
    $44,224
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $793,279
    Bonus
    $14,165
    Other
    $2,180
    Deferred
    $13,725
    Nontaxable benefits
    $30,499
    Filer's total
    $853,848
  • DEBORAH BITSOLI

    DIRECTOR; PRESIDENT; CHAIR

    Total calculated
    $839,145
    From this org
    $0
    From related orgs
    $695,941
    Other
    $143,204
    Hours/week
    1 + 54 related

    Schedule J breakdown matched by us

    Base
    $0 + $515,282 related
    Bonus
    $0 + $151,075 related
    Other
    $0 + $29,584 related
    Deferred
    $0 + $99,785 related
    Nontaxable benefits
    $0 + $43,419 related
    Filer's total
    $0 + $839,145 related
  • MARK SPRAGUE MD

    MEDICAL DIRECTOR - ORTHOPEDICS

    Total calculated
    $802,601
    From this org
    $763,188
    From related orgs
    $0
    Other
    $39,413
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $727,315
    Bonus
    $33,000
    Other
    $2,873
    Deferred
    $13,725
    Nontaxable benefits
    $25,688
    Filer's total
    $802,601
  • UGO UWAOMA MD

    FORMER OFFICER

    Total calculated
    $644,134
    From this org
    $0
    From related orgs
    $624,968
    Other
    $19,166
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $49,479 related
    Other
    $0 + $575,489 related
    Deferred
    $0 + $742 related
    Nontaxable benefits
    $0 + $18,424 related
    Filer's total
    $0 + $644,134 related
  • ROBERT ROOSE MD

    DIR; MERCY HOSPITAL CHIEF ADMIN OFFR

    Total calculated
    $598,413
    From this org
    $0
    From related orgs
    $546,412
    Other
    $52,001
    Hours/week
    1 + 54 related

    Schedule J breakdown matched by us

    Base
    $0 + $447,472 related
    Bonus
    $0 + $91,600 related
    Other
    $0 + $7,340 related
    Deferred
    $0 + $13,725 related
    Nontaxable benefits
    $0 + $38,276 related
    Filer's total
    $0 + $598,413 related
  • ANNE SHAIN MD

    FORMER OFFICER; PHYSICIAN

    Total calculated
    $497,396
    From this org
    $447,811
    From related orgs
    $0
    Other
    $49,585
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $423,512
    Bonus
    $20,312
    Other
    $3,987
    Deferred
    $22,875
    Nontaxable benefits
    $26,710
    Filer's total
    $497,396
  • MIKE RYAN

    DIR, SEC, TREAS; REG VP OF FINANCE

    Total calculated
    $449,507
    From this org
    $0
    From related orgs
    $402,491
    Other
    $47,016
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $341,659 related
    Bonus
    $0 + $59,167 related
    Other
    $0 + $1,665 related
    Deferred
    $0 + $16,831 related
    Nontaxable benefits
    $0 + $30,185 related
    Filer's total
    $0 + $449,507 related
  • DANIEL KEENAN

    FORMER OFFICER; SVP GOV'T RELATIONS

    Total calculated
    $378,599
    From this org
    $0
    From related orgs
    $322,759
    Other
    $55,840
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $262,303 related
    Bonus
    $0 + $54,252 related
    Other
    $0 + $6,204 related
    Deferred
    $0 + $18,300 related
    Nontaxable benefits
    $0 + $37,540 related
    Filer's total
    $0 + $378,599 related
  • JAMES HARRIS

    FMR OFFICER; TH OF NE DIR OF REIMB

    Total calculated
    $272,017
    From this org
    $0
    From related orgs
    $226,142
    Other
    $45,875
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $202,556 related
    Bonus
    $0 + $21,108 related
    Other
    $0 + $2,478 related
    Deferred
    $0 + $17,463 related
    Nontaxable benefits
    $0 + $28,412 related
    Filer's total
    $0 + $272,017 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

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

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
RIVERBEND MEDICAL GROUP IS A SUBSIDIARY IN THE TRINITY HEALTH SYSTEM. RIVERBEND MEDICAL GROUP'S PRESIDENT IS PAID DIRECTLY BY THE SYSTEM'S PARENT ENTITY, TRINITY HEALTH CORPORATION. TRINITY HEALTH CORPORATION USED THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF RIVERBEND MEDICAL GROUP'S PRESIDENT: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY, AND - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
PART I, LINES 4A-B
THE FOLLOWING INDIVIDUAL RECEIVED SEVERANCE PAYMENTS IN CALENDAR 2022. THIS AMOUNT IS INCLUDED IN COLUMN B(III) OF SCHEDULE J, PART II: UGO UWAOMA - $451,259 COLUMN F OF SCHEDULE J, PART II INCLUDES THE PORTION OF THIS AMOUNT THAT WAS REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS. THE FOLLOWING ARE PARTICIPANTS IN A TRINITY HEALTH SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) IN 2022. THE PLAN PROVIDES RETIREMENT BENEFITS TO CERTAIN TRINITY HEALTH EXECUTIVES SUBJECT TO MEETING SPECIFIED VESTING AND EMPLOYMENT DATE REQUIREMENTS. PARTICIPANTS' VESTED BENEFITS WERE PAID OUT IN 2022, AND THEIR NON-VESTED BENEFITS FOR 2022 WERE ACCRUED. THE FOLLOWING PAYOUT FOR 2022 FOR THE PLAN IS INCLUDED IN COLUMN B(III) OF SCHEDULE J, PART II: DEBORAH BITSOLI - $13,526 UGO UWAOMA - $106,500 COLUMN F OF SCHEDULE J, PART II INCLUDES THE PORTION OF THESE AMOUNTS THAT WERE REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS. THE FOLLOWING ACCRUAL FOR 2022 IS INCLUDED IN COLUMN C OF SCHUEDLE J, PART II: DEBORAH BITSOLI - $86,060 THE FOLLOWING ARE PARTICIPANTS IN A TRINITY HEALTH RESTORATION PLAN. THE RESTORATION PLAN PROVIDES RETIREMENT BENEFITS FOR CERTAIN TRINITY HEALTH SYSTEM OFFICE EXECUTIVES WITH EARNINGS ABOVE THE IRS PAY CAP FOR QUALIFIED PLANS ($305,000 IN 2022). THE FOLLOWING PAYOUTS FOR 2022 FOR THIS PLAN ARE INCLUDED IN COLUMN B (III) OF SCHEDULE J, PART II: DANIEL KEENAN - $917 ROBERT ROOSE - $5,949 MIKE RYAN - $0

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 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 May 2024
IRS schema version
2022v5.0
Source object
202401349349302610

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.