Nonprofit · EIN 52-1241835
RIVERSIDE HEALTHCARE ASSOCIATION INC
Tax-exempt · NEWPORT NEWS, VA 23608
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $54,052,272 | $46,100,175 | $7,952,097 | $1,155,543,727 | $866,585,774 | $288,957,953 |
| December 31, 2023 | 990 | $43,391,604 | $40,077,200 | $3,314,404 | $1,108,498,187 | $835,386,309 | $273,111,878 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $29,409,624
- Investment income
- $24,413,457
- Net rental income
- $24,190
- Net gain from sales of assets
- -$2,074,598
- Other revenue
- $229,191
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $59,437
- Accounting fees
- $27,923
- Occupancy
- $4,825,406
- Depreciation
- $15,756,098
- Program services (functional)
- $45,427,475
- Management and general (functional)
- $672,700
Balance sheet and other
- Total assets, start of year
- $1,108,498,187
- Total assets, end of year
- $1,155,543,727
- Total liabilities, end of year
- $866,585,774
- Net assets, end of year
- $288,957,953
- Land, buildings and equipment
- $295,864,626
- Publicly traded securities
- $132,709,486
- Net assets without donor restrictions
- $288,957,953
- Gross unrelated business income
- -$44,199
- Gross receipts
- $59,218,049
- Employees
- 0
- Volunteers
- 15
- Year formed
- 1982
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL J DACEY MD | BOARD MEMBER/Chief Executive Officer Trustee or director, Officer | 1 | $0 | $1,704,889 | $25,525 |
| THOMAS M KAYROUZ MD | CHIEF CLINICAL OPERATIONS OFFICER, RHS Officer | 1 | $0 | $1,036,783 | $40,564 |
| W WILLIAM AUSTIN JR | EVP & CFO, TREASURER RHS Officer | 1 | $0 | $915,157 | $41,515 |
| WILLIAM B DOWNEY | BOARD MEMBER/Executive Vice Chairman, RHS Board Trustee or director, Officer | 1 | $0 | $813,025 | $43,047 |
| JASON O HOUSER ESQ | GENERAL COUNSEL, SECRETARY, RHS Officer | 1 | $0 | $630,800 | $70,366 |
| FRANKYE T MYERS | Sr VP & CNO, RHS Officer | 1 | $0 | $524,161 | $30,456 |
| DAVID F JONES MD | BOARD MEMBER/Physician Specialty Trustee or director | 1 | $0 | $429,571 | $48,416 |
| LINWOOD SHAWN NELSON | Associate Vice President Chief Finance Officer LLH Key employee | 1 | $0 | $302,125 | $60,479 |
| BARBARA J LABONTE | Associate Vice President Budget Tax & Reimbursement Key employee | 1 | $0 | $300,160 | $61,395 |
| GAIL H HOLMES | General Ledger Accounting Director Key employee | 1 | $0 | $172,242 | $43,308 |
| GABRIEL A MORGAN | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| THOMAS BYRD | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ALEXIS SWANN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CONWAY W SMITH III | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL J SHERLOCK | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DWAYNE B BLAKE | BOARD MEMBER Trustee or director | 1 | $0 |
| GEORGE ROYDEN GOODSON III | BOARD MEMBER Trustee or director | 1 | $0 |
| HAROLD D JONES | BOARD MEMBER Trustee or director | 1 | $0 |
| HEATHER ENGEL | BOARD MEMBER Trustee or director | 1 | $0 |
| JASON LINEEN | BOARD MEMBER Trustee or director | 1 | $0 |
| JENNIFER SMITH-BROWN | BOARD MEMBER Trustee or director | 1 | $0 |
| JORGE YINAT | BOARD MEMBER Trustee or director | 1 | $0 |
| JULIE M BADGER | BOARD MEMBER Trustee or director | 1 | $0 |
| VALERIE C BUTLER | BOARD MEMBER Trustee or director | 1 | $0 |
| WILLIAM L BRAUER | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 23 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| WILLIAM BURNS DOWNEY | EXEC VICE CHAIRMAN & SPECIAL ADVISORY, RHS Trustee or director, Officer | 1 | $0 | $1,484,410 | $51,982 |
| MICHAEL J DACEY MD | Board Member/PRESIDENT/CEO, RHS Trustee or director, Officer | 1 | $0 | $1,450,655 | $24,016 |
| WALTER WILLIAM AUSTIN JR | EVP, CFO & TREASURER Officer | 1 | $0 | $858,861 | $33,369 |
| JASON O HOUSER | GENERAL COUNSEL/SECRETARY, RHS Officer | 1 | $0 | $596,698 | $66,908 |
| Frankye T Myers | Chief Nursing Officer/SVP Officer | 1 | $0 | $451,606 | $22,787 |
| DAVID F JONES MD | BOARD MEMBER/Physician Specialty Trustee or director | 1 | $0 | $425,390 | $39,024 |
| Barbara Labonte | Associate Vice President Budget Tax & Reimbursement Key employee | 1 | $0 | $277,205 | $54,688 |
| LINWOOD SHAWN NELSON | Associate Vice President Chief Finance Officer LLH Key employee | 1 | $0 | $276,774 | $54,785 |
| Gail Holmes | General Ledger Accounting Director Key employee | 1 | $0 | $177,355 | $35,467 |
| GABRIEL A MORGAN | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| THOMAS BYRD | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ALEXIS SWANN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CONWAY W SMITH III | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL J SHERLOCK | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DWAYNE B BLAKE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| GEORGE ROYDEN GOODSON III | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| HAROLD D JONES | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Heather Engel | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Jennifer Smith-Brown | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JORGE YINAT | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JULIE M BADGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| VALERIE C BUTLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM L BRAUER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 608 DENBIGH BLVD STE 800, NEWPORT NEWS, VA 23608-4487
- In care of
- % B LABONTE AVP-TAX
- Principal officer (990 for 2024)
- MICHAEL J DACEY CEOPRESIDENT, 608 DENBIGH BLVD 800, NEWPORT NEWS, VA 236084487
- Signed the 990
- W WILLIAM AUSTIN JR, EVP, CFO AND TREASURER
- Phone
- (757) 875-7545
- Website
- WWW.RIVERSIDEONLINE.COM
- Return prepared by
- ERNST & YOUNG US LLP
Mission
TO CARE FOR OTHERS AS WE WOULD CARE FOR THOSE WE LOVE - TO ENHANCE THEIR WELL-BEING AND IMPROVE THEIR HEALTH.
Program accomplishments
- OVERSEES AND COORDINATES THE DEVELOPMENT AND CONTINUED PROVISION OF QUALITY HEALTHCARE SERVICES THROUGH RELATED NON-PROFIT GENERAL HOSPITAL, LONG TERM CARE AND PHYSICIAN SERVICES TO LOCAL COMMUNITIES.Expenses $45,427,475 · revenue $56,235,321
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1241835
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Group exemption; Supporting organization of unknown type
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E21)
- Group exemption
- 5701 (19 member organizations)
- Assets (IRS master file)
- $1,155,543,727
- Income (IRS master file)
- $59,218,049
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $54,052,272 | $46,100,175 | $1,155,543,727 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $43,391,604 | $40,077,200 | $1,108,498,187 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $39,613,541 | $36,663,478 | $763,685,714 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1241835).
Questions about RIVERSIDE HEALTHCARE ASSOCIATION INC
- What is the EIN of RIVERSIDE HEALTHCARE ASSOCIATION INC?
- The employer identification number (EIN) of RIVERSIDE HEALTHCARE ASSOCIATION INC is 52-1241835.
- Is RIVERSIDE HEALTHCARE ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to RIVERSIDE HEALTHCARE ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Group exemption; Supporting organization of unknown type).
- Which annual return does RIVERSIDE HEALTHCARE ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RIVERSIDE HEALTHCARE ASSOCIATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RIVERSIDE HEALTHCARE ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of RIVERSIDE HEALTHCARE ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names MICHAEL J DACEY CEOPRESIDENT.
- Who are the officers and directors of RIVERSIDE HEALTHCARE ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 25 people; 0 received compensation from the organization.
- How much revenue does RIVERSIDE HEALTHCARE ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $54,052,272, expenses of $46,100,175 and total assets of $1,155,543,727 at year end.
Organizations in its group exemption (19)
- RIVERSIDE HEALTHCARE ASSOCIATION INC EIN 90-1000718 · NEWPORT NEWS, VA · last filed 990 for 2024
- RIVERSIDE HEALTHCARE ASSOCIATION INC EIN 54-0601803 · NEWPORT NEWS, VA
- RIVERSIDE HEALTHCARE ASSOCIATION INC EIN 06-1644517 · NEWPORT NEWS, VA
- RIVERSIDE HEALTHCARE ASSOCIATION INC EIN 54-1519724 · NEWPORT NEWS, VA
- RIVERSIDE HEALTHCARE ASSOCIATION INC EIN 54-1318861 · NEWPORT NEWS, VA
- RIVERSIDE HEALTHCARE ASSOCIATION INC EIN 52-1245746 · NEWPORT NEWS, VA
Other nonprofits in NEWPORT NEWS
- SHORE HEALTH SERVICES INC EIN 54-0560500 · last filed 990 for 2024
- RIVERSIDE HEALTHCARE ASSOCIATION INC EIN 54-0601803
- PENINSULA INSTITUTE FOR COMMUNITY HEALTH INC EIN 54-1083954 · last filed 990 for 2025
- CARE NET RESOURCE PREGNANCY CENTERS INC EIN 54-1372036 · last filed 990 for 2025
- EAST END INTENSIVE OUTPATIENT INC EIN 56-2591930 · last filed 990 for 2024
- EASTERN VIRGINIA CHINESE AMERICAN PHYSICIAN ASSOCIATION EIN 87-3167121 · last filed 990 for 2025
- LOVE THE TREE OF LIFE CLINIC EIN 87-1584311 · last filed 990-EZ for 2025
- ABZ DOVE FOUNDATION EIN 81-2552815 · last filed 990-EZ for 2024