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Nonprofit · EIN 82-3113322

RIVERWOOD MEDICAL PROPERTIES LLC

Tax-exempt · AITKIN, MN 56431

Financials

$126K$561K2023$126K$561K2024
Revenue Expenses · by fiscal year end
Financials of RIVERWOOD MEDICAL PROPERTIES LLC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$126,412$561,292-$434,880$3,720,012$6,126,133-$2,406,121
December 31, 2023990$126,000$561,368-$435,368$4,169,892$6,126,133-$1,956,241
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$126,412
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$842
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$15,000
Occupancy
$100
Depreciation
$322,710
Program services (functional)
$437,667
Management and general (functional)
$123,625

Balance sheet and other

Total assets, start of year
$4,169,892
Total assets, end of year
$3,720,012
Total liabilities, end of year
$6,126,133
Net assets, end of year
-$2,406,121
Land, buildings and equipment
$3,719,935
Gross receipts
$126,412
Employees
0
Volunteers
0
Year formed
2017
State of legal domicile
MN

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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
CASEY JOHNSONCFO
Trustee or director, Officer
1$0$252,312$61,181
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CASEY JOHNSONCFO
Trustee or director, Officer
1$0$216,793$44,562

Address and contacts

Address (IRS master file)
200 BUNKER HILL DR, AITKIN, MN 56431-1865
In care of
% AITKIN COMMUNITY HOSPITAL
Mailing address (990-N for 2017)
200 BUNKER HILL DRIVE, AITKIN MN 56431
Principal officer (990 for 2024)
CASEY JOHNSON, 200 BUNKER HILL DRIVE, AITKIN, MN 56431
Principal officer (990-N for 2017)
CASEY JOHNSON, 200 BUNKER HILL DRIVE, AITKIN MN 56431
Signed the 990
CASEY JOHNSON, CFO
Phone
(218) 927-2121
Return prepared by
RSM US LLP

Mission

TO AID IN THE RENOVATION AND EXPANSION OF A TAX-EXEMPT HOSPITAL

990 for the year ended December 31, 2024

Program accomplishments

  • RIVERWOOD MEDICAL PROPERTIES, LLC ("RIVERWOOD") EXISTS TO SUPPORT CHARITABLE, EDUCATIONAL AND/OR SCIENTIFIC PURPOSES AS DEFINED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986. SPECIFICALLY, RIVERWOOD WILL FINANCE THE RENOVATION AND EXPANSION OF THE TAX-EXEMPT HOSPITAL KNOWN AS AITKIN COMMUNITY HOSPITAL DBA THE RIVERWOOD HEALTHCARE CENTER ("AITKIN HOSPITAL"), A PUBLIC CHARITY. THE EXISTING HOSPITAL HAS SURGICAL SERVICES, RADIOLOGY SERVICES, CHEMO SERVICES, BIRTHING SUITES, CARDIOPULMONARY REHAB AND A REHABILITATION CENTER. THE CLINIC AREA PROVIDES A FULL RANGE OF HEALTHCARE, DIAGNOSTIC AND TREATMENT SERVICES ALONG WITH SPECIALTY CLINIC SERVICES. THE REHABILITATION PROJECT WILL INCLUDE RENOVATING, EXPANDING, AND EQUIPPING THE EXISTING 25-BED CRITICAL ACCESS HOSPITAL AND CLINIC TO PROVIDE ADDITIONAL EXAM ROOMS, MEDICAL TEAM MEETING SPACE, REHABILITATION SPACE, AND DOCTOR OFFICES FOR NEPHROLOGY, ORTHOPEDICS, CARDIOLOGY, DERMATOLOGY, OBSTETRICS AND GYNECOLOGY. ADDITIONALLY, THE REHABILITATION PROJECT WILL INCLUDE THE RENOVATION OF A NINE-CHAIR KIDNEY DIALYSIS UNIT AND AN ISOLATION UNIT. THE RENOVATION OF AITKIN HOSPITAL WILL ENABLE THE HOSPITAL TO PROVIDE EXPANDED AND IMPROVED CARE TO THE SURROUNDING RURAL COMMUNITY.
    Expenses $437,667 · grants $842 · revenue $126,412

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
82-3113322
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E02)
Assets (IRS master file)
$3,720,012
Income (IRS master file)
$126,412

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$126,412$561,292$3,720,012XML
990December 2023$126,000$561,368$4,169,892XML
990December 2022$126,000$561,368$4,605,260IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2017
Officer: CASEY JOHNSON
December 31, 2017≤ $50,000 receipts––e-Postcard

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 82-3113322).

Questions about RIVERWOOD MEDICAL PROPERTIES LLC

What is the EIN of RIVERWOOD MEDICAL PROPERTIES LLC?
The employer identification number (EIN) of RIVERWOOD MEDICAL PROPERTIES LLC is 82-3113322.
Is RIVERWOOD MEDICAL PROPERTIES LLC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to RIVERWOOD MEDICAL PROPERTIES LLC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RIVERWOOD MEDICAL PROPERTIES LLC 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 RIVERWOOD MEDICAL PROPERTIES LLC 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 RIVERWOOD MEDICAL PROPERTIES LLC 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 RIVERWOOD MEDICAL PROPERTIES LLC?
The 990 for the year ended December 31, 2024 names CASEY JOHNSON.
Who are the officers and directors of RIVERWOOD MEDICAL PROPERTIES LLC?
The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does RIVERWOOD MEDICAL PROPERTIES LLC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $126,412, expenses of $561,292 and total assets of $3,720,012 at year end.

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