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Nonprofiteer
← RISANT HEALTH INC

Form 990 for tax year 2024

Filed by RISANT HEALTH INC.

Totals

Total revenue
$6,730,942,360
Total expenses
$151,402,757
Contributions and grants received
$0
Grants paid
$10,000
Program service revenue
$0
Investment income
$6,730,942,360
Other revenue
$0
Total assets, end of year
$2,972,201,383
Total liabilities, end of year
$18,049,366
Net assets or fund balances, end of year
$2,954,152,017
Program services expenses (Part IX)
$151,402,757
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$151,402,757

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Jaewon Ryu

    Chief Executive Officer

    Total calculated
    $14,295,895
    From this org
    $5,377,838
    From related orgs
    $3,050,634
    Other
    $5,867,423
    Hours/week
    49.9 + 0.1 related

    Schedule J breakdown matched by us

    Base
    $1,280,435 + $1,541,883 related
    Bonus
    $3,931,000
    Other
    $166,403 + $1,508,751 related
    Deferred
    $4,259,190 + $1,589,506 related
    Nontaxable benefits
    $318 + $18,409 related
    Filer's total
    $9,637,346 + $4,658,549 related

  • Gregory Adams

    Chairman & CEO

    Total calculated
    $12,976,050
    From this org
    $0
    From related orgs
    $12,789,811
    Other
    $186,239
    Hours/week
    4 + 46 related

    Schedule J breakdown matched by us

    Base
    $0 + $2,195,616 related
    Bonus
    $0 + $9,348,865 related
    Other
    $0 + $1,245,330 related
    Deferred
    $0 + $152,508 related
    Nontaxable benefits
    $0 + $33,731 related
    Filer's total
    $0 + $12,976,050 related

  • Vanessa Benavides

    EVP,Chief Legal Officer & Secy

    Total calculated
    $2,623,191
    From this org
    $0
    From related orgs
    $2,137,057
    Other
    $486,134
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $741,798 related
    Bonus
    $0 + $1,068,967 related
    Other
    $0 + $326,292 related
    Deferred
    $0 + $463,381 related
    Nontaxable benefits
    $0 + $22,753 related
    Filer's total
    $0 + $2,623,191 related

  • Thomas Meier

    SVP, Corporate Treasurer

    Total calculated
    $1,640,974
    From this org
    $0
    From related orgs
    $1,502,528
    Other
    $138,446
    Hours/week
    1.5 + 48.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $607,868 related
    Bonus
    $0 + $766,177 related
    Other
    $0 + $128,483 related
    Deferred
    $0 + $112,281 related
    Nontaxable benefits
    $0 + $26,165 related
    Filer's total
    $0 + $1,640,974 related

  • Bryce Bach

    Chief Financial Officer

    Total calculated
    $979,169
    From this org
    $561,428
    From related orgs
    $0
    Other
    $417,741
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $217,501
    Bonus
    $300,000
    Other
    $43,927
    Deferred
    $417,656
    Nontaxable benefits
    $85
    Filer's total
    $979,169

  • Christina Lockwood

    Assistant Secretary

    Total calculated
    $697,966
    From this org
    $0
    From related orgs
    $562,627
    Other
    $135,339
    Hours/week
    1.5 + 48.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $346,992 related
    Bonus
    $0 + $174,554 related
    Other
    $0 + $41,081 related
    Deferred
    $0 + $107,957 related
    Nontaxable benefits
    $0 + $27,382 related
    Filer's total
    $0 + $697,966 related

  • Judith A Johansen JD

    Director

    Total calculated
    $355,485
    From this org
    $42,000
    From related orgs
    $273,000
    Other
    $40,485
    Hours/week
    0.1 + 9.5 related

    Schedule J breakdown matched by us

    Base
    $42,000 + $273,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $40,485 related
    Nontaxable benefits
    $0
    Filer's total
    $42,000 + $313,485 related

  • Jeffrey E Epstein

    Director

    Total calculated
    $343,632
    From this org
    $40,000
    From related orgs
    $264,160
    Other
    $39,472
    Hours/week
    0.5 + 7.5 related

    Schedule J breakdown matched by us

    Base
    $40,000 + $252,500 related
    Bonus
    $0
    Other
    $0 + $11,660 related
    Deferred
    $0 + $39,472 related
    Nontaxable benefits
    $0
    Filer's total
    $40,000 + $303,632 related

  • A Eugene Washington MD

    Director

    Total calculated
    $330,986
    From this org
    $42,000
    From related orgs
    $257,500
    Other
    $31,486
    Hours/week
    0.1 + 7.05 related

    Schedule J breakdown matched by us

    Base
    $42,000 + $257,500 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $31,486 related
    Nontaxable benefits
    $0
    Filer's total
    $42,000 + $288,986 related

  • Hong-Sze Yu

    VP, Brd & Corp Gov & Asst Secy

    Total calculated
    $315,232
    From this org
    $0
    From related orgs
    $307,089
    Other
    $8,143
    Hours/week
    0.1 + 49.9 related

    Schedule J breakdown matched by us

    Base
    $0 + $46,282 related
    Bonus
    $0 + $198,720 related
    Other
    $0 + $62,087 related
    Deferred
    $0 + $2,338 related
    Nontaxable benefits
    $0 + $5,805 related
    Filer's total
    $0 + $315,232 related

  • Margaret E Porfido JD

    Director

    Total calculated
    $60,444
    From this org
    $32,500
    From related orgs
    $27,944
    Other
    $0
    Hours/week
    0.5 + 1 related

  • Heather M Acker

    Director

    Total calculated
    $40,500
    From this org
    $40,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • John C Bravman PhD

    Director

    Total calculated
    $34,500
    From this org
    $34,500
    From related orgs
    $0
    Other
    $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

  • 1a · First-class or charter travel
  • 1a · Tax indemnification and gross-up payments
  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception
  • 9 · Followed the rebuttable-presumption procedure

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

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1
FIRST CLASS TRAVEL: FIRST CLASS TRAVEL IS PERMISSIBLE AS AN ORDINARY BUSINESS EXPENSE FOR ALL BOARD OF DIRECTORS, CHIEF EXECUTIVE OFFICER AND 1 KEY EMPLOYEE AS APPROVED BY THE COMPENSATION COMMITTEE, CHIEF EXECUTIVE OFFICER, OR CHIEF HUMAN RESOURCES OFFICER. THE VALUE OF THESE CHARGES ARE NOT INCLUDED IN THE RECIPIENT'S COMPENSATION. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: LIMITED TO PARTIAL TAX GROSS-UP UNDER RELOCATION POLICY, CEO TRANSPORTATION AND SECURITY, AND AS APPROVED ON A LIMITED BASIS BY SENIOR MANAGEMENT. THESE PAYMENTS ARE INCLUDED IN COMPENSATION. HOUSING ALLOWANCE: PROVIDED ON A LIMITED BASIS TO 1 OFFICER AND 1 KEY EMPLOYEE FOR RELOCATION IN CONFORMITY WITH THE LAW. PROVIDED ON A LIMITED BASIS AS COMPENSATION.
SCHEDULE J, PART I, LINE 3
RISANT HEALTH, INC. USED ONE OR MORE OF THE METHODS DESCRIBED BELOW TO ESTABLISH THE TOP MANAGEMENT OFFICIALS' COMPENSATION: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY, AND - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
SCHEDULE J, PART I, LINE 4B
SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN PAYMENT GREGORY ADAMS $1,053,099 VANESSA BENAVIDES 269,030 THOMAS MEIER 87,285 HONG-SZE A YU 56,362 SOME OF THE PARTICIPANTS LISTED IN SCHEDULE J, PART II PARTICIPATED IN NONQUALIFIED SUPPLEMENTAL RETIREMENT PLANS. UNDER THESE PLANS, THE ORGANIZATION MAKES ANNUAL CONTRIBUTIONS TO A NOTIONAL ACCOUNT ON BEHALF OF EACH PARTICIPANT. CONTRIBUTIONS VARY BY POSITION, LEVEL AND PAY, AND VEST OVER TIME BASED ON AGE AND/OR SERVICE. PARTICIPANT ACCOUNTS ARE CREDITED WITH A FIXED RATE OF INTEREST, INVESTED IN AVAILABLE MUTUAL FUNDS OR A COMBINATION OF BOTH. CERTAIN OFFICERS ACCRUE A BENEFIT THAT VESTS BASED ON AGE AND SERVICE AND TARGETS A PERCENTAGE OF FINAL AVERAGE PAY LESS PRIOR PLAN OFFSETS. UNVESTED AMOUNTS ARE SUBJECT TO RISK OF FORFEITURE.
SCHEDULE J, PART I, LINE 7
NON-FIXED PAYMENTS THE ORGANIZATION PROVIDED NON-FIXED PAYMENTS TO SOME OF THE PERSONS LISTED IN SCHEDULE J, PART II. PAYMENTS MADE UNDER THESE INCENTIVE PLANS WERE BASED ON ATTAINMENT OF ORGANIZATIONAL PERFORMANCE GOALS AND INDIVIDUAL PERFORMANCE, DESIGNED TO SUPPORT THE ORGANIZATION'S MISSION. THE PLANS' ORGANIZATIONAL PERFORMANCE GOALS INCLUDED: BUSINESS DEVELOPMENT, VALUE BASED PLATFORM OBJECTIVES, FINANCIAL PERFORMANCE, SPECIFICALLY OPERATING MARGIN, AND ORGANIZATIONAL STRUCTURE. GOALS, PERFORMANCE AND PAYOUT LEVELS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OF RISANT HEALTH, INC.
SCHEDULE J, PART I, LINE 8
CERTAIN AMOUNTS REPORTED IN FORM 990, PART VII, WERE PAID OR ACCRUED PURSUANT TO A CONTRACT THAT WAS SUBJECT TO THE INITIAL CONTRACT EXCEPTION DESCRIBED IN REGULATIONS SECTION 53.4958-4(A)(3). FIXED PAYMENTS WERE PAID TO OR ACCRUED FOR 1 OFFICER and 1 KEY EMPLOYEE IN 2024.

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

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.

  • NXT Cap Sr Loan Fund I LLC

    N/A · Investment · DE · 0% owned · share of income $0 · share of assets $0

    Directly controlled by NA

  • Maui Nui ASC Holdco LLC

    N/A · Holding Co · HI · 0% owned · share of income $0 · share of assets $0

    Directly controlled by NA

  • Keystone Accountable Care Organization

    N/A · Accountable care · PA · 0% owned · share of income $0 · share of assets $0

    Directly controlled by NA

  • NSC Greensboro West

    N/A · Health Care · AL · 0% owned · share of income $0 · share of assets $0

    Directly controlled by NA

  • Geisinger HM Joint Venture LLC

    N/A · Health Care · PA · 0% owned · share of income $0 · share of assets $0

    Directly controlled by NA

  • Evangelical-Geisinger Health LLC

    N/A · Health Care · PA · 0% owned · share of income $0 · share of assets $0

    Directly controlled by NA

  • Geisinger Encompass Health LLC

    N/A · Health Care · PA · 0% owned · share of income $0 · share of assets $0

    Directly controlled by NA

  • Keystone Healthcare Partnership LLC

    N/A · Health Care · PA · 0% owned · share of income $0 · share of assets $0

    Directly controlled by NA

  • HTA Holdings LLC

    N/A · Holding Company · NC · 0% owned · share of income $0 · share of assets $0

    Directly controlled by NA

  • Cone Health Ventures LLC

    N/A · Innovation · NC · 0% owned · share of income $0 · share of assets $0

    Directly controlled by NA

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2024
Filed
22 October 2025
IRS schema version
2024v5.2
Source object
202523219349309187

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