Overview
What is Riverside Healthcare Association Inc?
Riverside Healthcare Association Inc is a health-focused nonprofit organization based in Newport News, Virginia. They serve their local communities by overseeing and coordinating the development and ongoing provision of quality healthcare services through related non-profit entities, including a general hospital, long-term care facilities, and physician services. As a mission-driven organization, their goal is to care for others as we would care for those we love, with the aim of enhancing their well-being and improving their health. The Association acts as the parent organization, providing financial and programmatic coordination for its tax-exempt affiliates.
Official website here: www.riversideonline.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Riverside Healthcare Association Inc has received a Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization scored 81%, largely based on a solid commitment to governance and transparency, particularly highlighting that 85% of its board members are independent. This governance structure fosters trust and demonstrates a commitment to ethical oversight.
The charity excels in several areas, including a perfect score for its audit and oversight committee and no reported diversion of assets. Additionally, its program expense ratio stands at an impressive 93.16%, suggesting that the vast majority of its expenditures are directed towards fulfilling its mission. This financial efficiency is a significant strength, as it indicates effective use of donor resources.
However, the organization's liabilities to assets ratio received a lower score of 0 out of 15, which may raise questions about its financial stability. While overall accountability is strong, this particular metric suggests that Riverside Healthcare Association may need to address concerns regarding its financial obligations relative to its assets.
This AI summary has been generated from information found on Charity Navigator.
Is Riverside Healthcare Association Inc legitimate?
Riverside Healthcare Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverside Healthcare Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.riversideonline.com
What is the mission statement of Riverside Healthcare Association Inc?
The Riverside Healthcare Association Inc is a healthcare system parent organization that oversees, manages, and provides financial and programmatic coordination for its related tax-exempt affiliates. Their mission is to provide care with the same love and dedication as one would to their own loved ones, with the goal of enhancing their well-being and improving their health. Through their network of non-profit general hospitals, long-term care, and physician services, they continue to develop and deliver quality healthcare to local communities. The Association's unwavering commitment to caring for others is at the heart of their mission. They strive to make a positive impact on the health and wellness of those they serve.
Official website here: www.riversideonline.com
Who is the CEO of Riverside Healthcare Association Inc?
Unavailable The CEO's salary of Riverside Healthcare Association Inc is $0 and their total compensation is $1,665,341.
Official website here: www.riversideonline.com
What is the revenue of Riverside Healthcare Association Inc?
Riverside Healthcare Association Inc's revenue in 2022 was $39,613,541.
Official website here: www.riversideonline.com
Who are the executives of Riverside Healthcare Association Inc and what are their salaries?
There 12 volunteers at Riverside Healthcare Association Inc.
Here are 20 key members and their salaries (Riverside Healthcare Association Inc's CEO's salary is $0 and their total compensation is $1,665,341):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,596,820
- Other: $68,521
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $396,556
- Other: $41,656
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $577,876
- Other: $85,388
- Compensation: $0
- Related: $1,084,156
- Other: $21,945
- Compensation: $0
- Related: $488,776
- Other: $28,119
- Compensation: $0
- Related: $814,415
- Other: $37,660
- Compensation: $0
- Related: $304,303
- Other: $52,141
- Compensation: $0
- Related: $281,898
- Other: $66,361
Official website here: www.riversideonline.com
Where can I find the form 990 for Riverside Healthcare Association Inc?
Riverside Healthcare Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riversideonline.com
Learn more at the official website: www.riversideonline.com
Mission Statement of Riverside Healthcare Association Inc
Riverside Healthcare Association Inc, a healthcare system parent organization, is dedicated to overseeing, managing, and providing financial and programmatic coordination for all its related tax-exempt affiliates. The association's ultimate goal is to enhance the well-being and improve the health of communities by overseeing and coordinating the development and continued provision of quality healthcare services.
In line with its mission to "care for others as we would care for those we love," Riverside Healthcare Association Inc manages various healthcare initiatives. These include a non-profit general hospital, long-term care facilities, and physician services. The organization's unwavering commitment to quality healthcare is evident in its diligent oversight, ensuring that the necessary resources and support are available to its affiliates to deliver top-notch care.
The mission of Riverside Healthcare Association Inc extends beyond just managing operations. It is rooted in a deep-seated commitment to positively impacting the health and well-being of individuals and communities. By providing essential healthcare services, the association is making a tangible difference in people's lives, offering hope and healing when it's needed most. With the collective efforts of all its affiliates, Riverside Healthcare Association Inc continues to strengthen its commitment to delivering superior healthcare services, touching countless lives along the way.
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Impact
October, 2024
Riverside Healthcare Association Inc significantly impacts its local communities by managing a comprehensive healthcare system dedicated to delivering quality healthcare services. By overseeing various affiliates, including a general hospital, long-term care facilities, and physician services, the organization ensures coordinated health services tailored to the needs of the community it serves in Newport News, Virginia.
The association is committed to enhancing the well-being of individuals, operating under the mission to care for others as they would for their loved ones. This ethos translates into the development and ongoing provision of healthcare that prioritizes the health and wellness of its patients. Through its various programs and services, Riverside Healthcare Association plays a crucial role in improving health outcomes, supporting long-term care, and ensuring accessible medical services for those in its care. This holistic approach not only addresses immediate health needs but also fosters a culture of compassion and support within the communities they serve.
This information is meant to be a general summary of Riverside Healthcare Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $21,029,066
- Program Service Revenue: $18,288,017
- Gross Receipts: $40,278,766
Assets and Liabilities:
- Total Assets: $763,685,714
- Total Liabilities: $559,190,767
- Net Assets: $204,494,947
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$15,521
AFFILIATE INCOME C(3)
Revenue
$18,272,496
Organization Details
Founding Year
1982
Phone
(757) 875-7545Main Address
608 DENBIGH BLVD 800, NEWPORT NEWS, VA, 236084487
Website
www.riversideonline.comNTEE Category
Code: E21 - Health
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