RIVERVIEW HEALTHCARE ASSOCIATION Charity Report

Public IRS 990 nonprofit record

RIVERVIEW HEALTHCARE ASSOCIATION

EIN 41-0724029 · General Hospitals (E22)

What they do

WE DELIVER A HEALTHCARE EXPERIENCE THAT CONSISTENTLY EXCEEDS PATIENTS EXPECTATIONS THROUGH EXCEPTIONAL PEOPLE - OUR PEOPLE ARE OUR FOUNDATION. WE EMPLOY TRUSTED, DEDICATED PROFESSIONALS WHO SERVE WITH COMPASSION, EMPATHY and RESPECT. EXCEPTIONAL CARE - OUR PATIENTS ARE OUR FOCUS. WE BUILD RELATIONSHIPS to DELIVER PERSONALIZED CARE. EXCEPTIONAL OUTCOMES - OUR PASSION is to ENHANCE LIVES. WE ENGAGE IN THE BEST PRACTICES to HEAL PEOPLE and PROMOTE HEALTHY COMMUNITIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.80 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 2023The report may be old. Ask for a newer one.

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

They name their leaders20 people are listed in the latest report.

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

Money made simple

89.57%of revenue went to mission work82.8% of expenses · Program services

$99.78spent for every $100 of revenueRevenue covered expenses this year.

18.67%of revenue went to management and office costs17.2% of expenses

$1.06in assets for every $1 spent this yearSome assets cannot be spent right away.

0.6%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 $1,189,032 for DR OLATUBOSUN FASHORO (PHYSICIAN / CHIEF OF STAFF). 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 2023

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$62,878,840

Mission workProgram services$56,317,99689.57% of revenue82.8% of expenses

ManagementOffice and general costs$11,739,96618.67% of revenue17.2% of expenses

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

Total expenses$68,057,962108.24% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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

2023CurrentExpense mix: 82.8% mission · 17.2% management · 0.0% fundraisingTotal expenses: 108.24% of revenue

2022Expense mix: 83.4% mission · 16.6% management · 0.0% fundraisingTotal expenses: 108.68% of revenue

2021Expense mix: 83.5% mission · 16.5% management · 0.0% fundraisingTotal expenses: 109.01% of revenue

2020Expense mix: 82.7% mission · 17.3% management · 0.0% fundraisingTotal expenses: 93.24% of revenue

2019Expense mix: 80.8% mission · 19.2% management · 0.0% fundraisingTotal expenses: 96.59% of revenue

2018Expense mix: 81.0% mission · 19.0% management · 0.0% fundraisingTotal expenses: 102.18% of revenue

2017Expense mix: 81.7% mission · 18.3% management · 0.0% fundraisingTotal expenses: 98.39% of revenue

2016Expense mix: 81.8% mission · 18.2% management · 0.0% fundraisingTotal expenses: 94.03% of revenue

Money in and money out

Revenue$68,204,689

Expenses$68,057,962

Annual surplus $146,727 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)$56,317,996 · 82.8% of expenses

Management and office costs$11,739,966 · 17.2% of expenses

See all reported dollar amounts

Revenue$68,204,689

Expenses$68,057,962

Assets$71,890,970

Income$68,204,739

Contributions$396,811

Mission work (program services)$56,317,996

Management and general$11,739,966

Executive compensation (total)$2,358,148

Stocks and bonds$3,669,855

Accounting fees$126,413

Investing fees$8,042

People

Leadership and board

Tax year 2023

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

People reported as paid

Person and titleCompensation

DR OLATUBOSUN FASHOROPHYSICIAN / CHIEF OF STAFF · 40 hrs/week $1,189,032Base $1,075,059 · Other $113,973

DR RAM PANERUPHYSICIAN · 40 hrs/week $883,067Base $777,458 · Other $105,609

DR COLIN FENNELLPHYSICIAN · 40 hrs/week $749,417Base $670,941 · Other $78,476

DR ERIK KANTENTRUSTEE/PHYSICIAN · 41 hrs/week $688,168Base $593,207 · Other $94,961

DR KARI WESSMANPHYSICIAN · 40 hrs/week $616,962Base $544,377 · Other $72,585

DR BRETT VIBETOTRUSTEE/PHYSICIAN · 41 hrs/week $603,054Base $515,682 · Other $87,372

DR MANEESH KANALPHYSICIAN · 40 hrs/week $492,644Base $431,358 · Other $61,286

CARRIE MICHALSKIPRESIDENT & CEO · 40 hrs/week $420,325Base $337,880 · Other $82,445

JEAN TATEVP OF HUMAN RESOURCES · 40 hrs/week $233,596Base $155,402 · Other $78,194

BETTY ARVIDSONCFO / VP OF FINANCE · 40 hrs/week $230,900Base $174,740 · Other $56,160

CHRIS BRUGGEMANCOO / VP OF OPERATIONS · 40 hrs/week $224,634Base $149,161 · Other $75,473

LANCE NORMANVP OF ANCILLARY SERVICES · 40 hrs/week $221,034Base $165,120 · Other $55,914

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 (20)

DR OLATUBOSUN FASHOROPHYSICIAN / CHIEF OF STAFF

DR RAM PANERUPHYSICIAN

DR COLIN FENNELLPHYSICIAN

DR ERIK KANTENTRUSTEE/PHYSICIAN

DR KARI WESSMANPHYSICIAN

DR BRETT VIBETOTRUSTEE/PHYSICIAN

DR MANEESH KANALPHYSICIAN

CARRIE MICHALSKIPRESIDENT & CEO

JEAN TATEVP OF HUMAN RESOURCES

BETTY ARVIDSONCFO / VP OF FINANCE

CHRIS BRUGGEMANCOO / VP OF OPERATIONS

LANCE NORMANVP OF ANCILLARY SERVICES

APRIL GRUNHOVDCNO/VP OF PATIENT SERVICES

GARRET BOROWICZTRUSTEE

GRANT GUNDERSONCHAIR

KARI KOENIGSECRETARY

LORI KELLERTRUSTEE

REED ENGELSTADTRUSTEE

STEPHANIE HARBOTTTREASURER

TIM BRINKMANVICE CHAIR

About this charity

Recognized since: January 1943
Location: 323 S MINNESOTA ST, CROOKSTON, MN 56716-1601
County: Polk
In care of: CARRIE MICHALSKI
Primary officer: CARRIE MICHALSKI, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Phone(218) 281-9200

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: General Hospitals (E22)
IRS tax category: General Hospitals