RIVERSIDE MEDICAL CENTER Charity Report

Public IRS 990 nonprofit record

RIVERSIDE MEDICAL CENTER

EIN 36-2414944 · Health Care (E220)

What they do

RIVERSIDE MEDICAL CENTER is COMMITTED to IMPROVING THE WELL-BEING of THE COMMUNITIES IT SERVES, REGARDLESS of AN INDIVIDUALS ABILITY to PAY. IN ADDITION to THE DAY-TO-DAY SERVICES PROVIDED to PATIENTS, RIVERSIDE MEDICAL CENTER REACHES BEYOND THE WALLS of THE MEDICAL CENTER, and IN COLLABORATION WITH COMMUNITY PARTNERS, TAKES HEALTHCARE EDUCATION, SCREENINGS and SUPPORT SERVICES OUT to ITS PRIMARY and SECONDARY COMMUNITY. TOTAL CHARITY CARE BENEFITS PROVIDED to NON-MEDICARE PATIENTS for THE YEAR WAS OVER $2.5 MILLION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $94.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders29 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

83.63%of revenue went to mission work94.9% of expenses · Program services

$88.09spent for every $100 of revenueRevenue covered expenses this year.

4.45%of revenue went to management and office costs5.1% of expenses

$1.79in assets for every $1 spent this yearSome assets cannot be spent right away.

0.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,679,403 for PHIL KAMBIC (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$528,776,786

Mission workProgram services$442,238,38883.63% of revenue94.9% of expenses

ManagementOffice and general costs$23,545,0824.45% of revenue5.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$62,993,31611.91% of revenueShown in gray on the chart

Total expenses$465,783,47088.09% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 94.9% mission · 5.1% management · 0.0% fundraisingTotal expenses: 88.09% of revenue

2023Expense mix: 94.0% mission · 6.0% management · 0.0% fundraisingTotal expenses: 92.98% of revenue

2022Expense mix: 93.4% mission · 6.6% management · 0.0% fundraisingTotal expenses: 102.42% of revenue

2021Expense mix: 94.0% mission · 6.0% management · 0.0% fundraisingTotal expenses: 84.60% of revenue

2020Expense mix: 94.0% mission · 6.0% management · 0.0% fundraisingTotal expenses: 91.36% of revenue

2019Expense mix: 94.2% mission · 5.8% management · 0.0% fundraisingTotal expenses: 92.50% of revenue

2018Expense mix: 94.8% mission · 5.2% management · 0.0% fundraisingTotal expenses: 92.53% of revenue

2017Expense mix: 94.5% mission · 5.5% management · 0.0% fundraisingTotal expenses: 90.72% of revenue

Money in and money out

Revenue$528,776,786

Expenses$465,783,470

Annual surplus $62,993,316 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$442,238,388 · 94.9% of expenses

Management and office costs$23,545,082 · 5.1% of expenses

See all reported dollar amounts

Revenue$528,776,786

Expenses$465,783,470

Assets$833,522,303

Income$877,920,614

Contributions$1,124,443

Mission work (program services)$442,238,388

Grants given$581,898

Average grant$15,727

Management and general$23,545,082

Executive compensation (total)$6,087,917

Stocks and bonds$341,216,046

Accounting fees$336,000

Investing fees$1,319,032

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

PHIL KAMBICPRESIDENT/CEO · 40 hrs/week $1,679,403Base $1,422,347 · Other $257,056

DR VIKAS PATELPHYSICIAN · 40 hrs/week $1,638,618Base $1,572,605 · Other $66,013

DR JUAN JIMENEZPHYSICIAN · 40 hrs/week $1,599,297Base $1,491,792 · Other $107,505

DR ABHIMANYU BERIPHYSICIAN · 40 hrs/week $1,404,841Base $1,340,611 · Other $64,230

DR TARUNA MADHAV CRAWFORDPHYSICIAN · 40 hrs/week $1,347,109Base $1,291,127 · Other $55,982

DR VIJAY HARYANIPHYSICIAN · 40 hrs/week $1,325,365Base $1,284,637 · Other $40,728

PATRICIA K VILTTREASURER/CFO · 40 hrs/week $822,265Base $579,632 · Other $242,633

SAROJA YALAMANCHILIDIRECTOR/PHYSICIAN · 40 hrs/week $622,869Base $572,553 · Other $50,316

KYLE BENOITVP OF OPERATIONS · 40 hrs/week $608,656Base $540,574 · Other $68,082

DR STONEWALL MCCUISTONDIRECTOR/PHYSICIAN · 40 hrs/week $571,409Base $515,189 · Other $56,220

DR NADEEM ANSARIDIRECTOR/PHYSICIAN · 40 hrs/week $526,056Base $450,537 · Other $75,519

GOLDIE WILLBARGERVP OF RIVERSIDE MEDICAL GROUP · 40 hrs/week $416,390Base $350,522 · Other $65,868

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (29)

PHIL KAMBICPRESIDENT/CEO

DR VIKAS PATELPHYSICIAN

DR JUAN JIMENEZPHYSICIAN

DR ABHIMANYU BERIPHYSICIAN

DR TARUNA MADHAV CRAWFORDPHYSICIAN

DR VIJAY HARYANIPHYSICIAN

PATRICIA K VILTTREASURER/CFO

SAROJA YALAMANCHILIDIRECTOR/PHYSICIAN

KYLE BENOITVP OF OPERATIONS

DR STONEWALL MCCUISTONDIRECTOR/PHYSICIAN

DR NADEEM ANSARIDIRECTOR/PHYSICIAN

GOLDIE WILLBARGERVP OF RIVERSIDE MEDICAL GROUP

REBECCA SCHILITZVP OF POST ACUTE CARE

KATHY OGRADYVP CLINICAL SERVICES

MATTHEW R MCBURNIEVP OF GOVERNMENT RELATIONS

MARY KOHLVP OF CLINICAL SERVICES

PAULA JACOBISVP - GENERAL COUNSEL

BILL DOUGLASSTRATEGIC ADVISOR TO THE PRESIDENT

HARRY BONDCHAIRMAN

PAMELA HULLASSISTANT SECRETARY

MICHAEL BOYDDIRECTOR (END 02/2024)

LISA DUGANSECRETARY

JAKE LEEDIRECTOR

HARRY SIMMONVICE CHAIRMAN

ABNER GARCIA-DELGADODIRECTOR (BEGIN 4/24)

FRANCIS SMITHDIRECTOR

DAVID BARONDIRECTOR

ANN OFFERMANDIRECTOR

AMBER RESIDORIDIRECTOR

About this charity

Recognized since: January 1965
Location: 350 N WALL STREET, KANKAKEE, IL 60901
County: Kankakee
In care of: RICH SCHILTZ
Primary officer: RICH SCHILTZ, DIRECTOR OF FINANCE

How to reach them

WebsiteVisit the charity’s website Phone(815) 933-1671 Officer phone(815) 935-8160

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: KPMG LLP
NTEE classification: Health Care (E220)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes