AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER Charity Report

Public IRS 990 nonprofit record

AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER

EIN 41-0745522 · Health Care (E220)

What they do

RIVERWOOD HEALTHCARE CENTERS MISSION is to IMPROVE HEALTH BY PROVIDING HIGH QUALITY, COMPASSIONATE and PERSONALIZED CARE. COUPLING THIS WITH OUR VISION of BEING THE REGIONS PREFERRED HEALTH SYSTEM PROVIDING EXCEPTIONAL CARE and OUR VALUES of INTEGRITY, CUSTOMER SERVICE, UNITY, RESPECT, COMPASSION, EXCELLENCE and PASSION WE FOCUSED ON SIX STRATEGIC GOALS. THESE SIX PILLARS ARE PEOPLE, CUSTOMER SERVICE, GROWTH, COMMUNITY, STEWARDSHIP and QUALITY. WE STRIVE for THESE IN ALL THAT WE DO for OUR PATIENTS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.90 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 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 leaders21 people are listed in the latest report.

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

Money made simple

87.79%of revenue went to mission work85.9% of expenses · Program services

$88.38spent for every $100 of revenueRevenue covered expenses this year.

14.36%of revenue went to management and office costs14.1% of expenses

$1.47in 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.

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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 $663,309 for DR DAVID TAYLOR (CMO). 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$104,626,437

Mission workProgram services$91,846,73487.79% of revenue85.9% of expenses

ManagementOffice and general costs$15,026,50114.36% of revenue14.1% of expenses

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

Total expenses$106,873,235102.15% 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: 85.9% mission · 14.1% management · 0.0% fundraisingTotal expenses: 102.15% of revenue

2022Expense mix: 85.6% mission · 14.4% management · 0.0% fundraisingTotal expenses: 98.56% of revenue

2021Expense mix: 86.0% mission · 14.0% management · 0.0% fundraisingTotal expenses: 97.10% of revenue

2020Expense mix: 85.2% mission · 14.8% management · 0.0% fundraisingTotal expenses: 83.88% of revenue

2019Expense mix: 84.9% mission · 15.1% management · 0.0% fundraisingTotal expenses: 95.62% of revenue

2018Expense mix: 84.6% mission · 15.4% management · 0.0% fundraisingTotal expenses: 89.86% of revenue

2017Expense mix: 85.9% mission · 13.9% management · 0.2% fundraisingTotal expenses: 97.13% of revenue

2016Expense mix: 83.7% mission · 16.0% management · 0.3% fundraisingTotal expenses: 95.44% of revenue

Money in and money out

Revenue$120,928,291

Expenses$106,873,235

Annual surplus $14,055,056 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)$91,846,734 · 85.9% of expenses

Management and office costs$15,026,501 · 14.1% of expenses

See all reported dollar amounts

Revenue$120,928,291

Expenses$106,873,235

Assets$157,459,903

Income$122,400,723

Contributions$683,121

Mission work (program services)$91,846,734

Grants given$576,356

Average grant$96,059

Management and general$15,026,501

Executive compensation (total)$1,891,993

Stocks and bonds$6,732,748

Accounting fees$337,308

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 DAVID TAYLORCMO · 40 hrs/week $663,309Base $613,302 · Other $50,007

KEN WESTMANCEO · 38 hrs/week $484,349Base $431,489 · Other $52,860

DR JEFFREY EHNSTROMDIRECTOR/PHYSICIAN · 40 hrs/week $481,073Base $424,905 · Other $56,168

DR JIM HARRISER PHYSICAN · 40 hrs/week $470,123Base $420,478 · Other $49,645

DR JESSICA HODSONER PHYSICAN · 40 hrs/week $461,902Base $402,734 · Other $59,168

ROBERT SCHMIEGCRNA · 40 hrs/week $425,115Base $381,001 · Other $44,114

DR CHRISTOPHER HUGHESPROVIDER · 40 hrs/week $409,076Base $357,421 · Other $51,655

DR MELISSA HERBRANSONPROVIDER · 40 hrs/week $403,200Base $344,999 · Other $58,201

CYNTHIA BAKERCOO · 38 hrs/week $276,049Base $229,257 · Other $46,792

CASEY JOHNSONCFO · 38 hrs/week $261,391Base $216,793 · Other $44,598

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 (21)

DR DAVID TAYLORCMO

KEN WESTMANCEO

DR JEFFREY EHNSTROMDIRECTOR/PHYSICIAN

DR JIM HARRISER PHYSICAN

DR JESSICA HODSONER PHYSICAN

ROBERT SCHMIEGCRNA

DR CHRISTOPHER HUGHESPROVIDER

DR MELISSA HERBRANSONPROVIDER

CYNTHIA BAKERCOO

CASEY JOHNSONCFO

CHRISTINE BRIGHTVICE CHAIR

DR TIMOTHY DIRKSDIRECTOR

HEATHER HIPPDIRECTOR

JARED LUNDGRENDIRECTOR

KATHLEEN RYANCHAIR

CHAD GROSSTREASURER

LOWELL LARSONSECRETARY

MIKE PAULBECKVICE CHAIR (UNTIL 06/2024)

BRYAN NISTLERDIRECTOR

STEVE WILSONDIRECTOR

TOM LUNDBERGDIRECTOR

About this charity

Recognized since: January 1956
Location: 200 BUNKER HILL DR, AITKIN, MN 56431-1865
County: Aitkin
In care of: CASEY JOHNSON
Primary officer: CASEY JOHNSON, CFO

How to reach them

WebsiteVisit the charity’s website Phone(218) 927-2121

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: RSM US LLP
NTEE classification: Health Care (E220)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes