Riverside Medical Center
Riverside Medical Center reported $528.8 million in revenue and $465.8 million in expenses for calendar year 2024. Of every $100 it spent, $94.95 went to program services, $5.05 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 86.9% of the total. The highest compensation it reported for one person was $1,679,403 (PRESIDENT/CEO). 372 people received more than $100,000 in reportable compensation. Revenue rose 34% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $466MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $529MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 94.9% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.1% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.2% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 86.9% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,679,403 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.36% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 372 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 15.3 | 6.6 |
| Independent voting board members Part VI 1a–1b | 9 of 13 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseRiverside Medical Center offers various inpatient and outpatient services that include, but are not limited to, emergency care, ambulance services, behavioral health services, physical rehabilitation therapy, home health care, peri-operative services, pharmacy, radiology, respiratory therapy, nursery, and obstetrics. Riverside Medical Center also operates multiple community primary and specialty health centers located in kankakee, will, iroquois, and grundy counties in the state of illinois
Oncology - the riverside cancer institute provides care to patients originating from the 5 surrounding counties. Cancer treatments based on the latest findings in cancer research are provided by board certified medical and radiation oncologists and nationally certified oncology nurses. Services include highly individualized treatment plans for surgery, minimally invasive surgery, robotic surgery, chemotherapy, monoclonal antibody therapy, immunotherapy, high precision radiation therapy, blood transfusions, and pain management. Teams of oncology physicians and staff meet to specifically tailor…
Cardiology - the riverside heart center is recognized as the most advanced cardiac center in the region. Patients are transferred in from surrounding counties and hospitals for the care provided by the nationally ranked cardiac teams at riverside. The society of chest pain centers has awarded accreditation to riverside as an advanced chest pain center for its ability to meet the highest standards for the care of individuals experiencing a heart attack and rapid intervention to stop the heart attack. Services include comprehensive cardiac services such as: open heart surgery, heart valve…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO Director/trustee, officer, 40.0 hrs/week | $1,422,347 | $0 | $257,056 | $1,679,403 |
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $1,572,605 | $0 | $66,013 | $1,638,618 |
| Physician Highest compensated employee, 40.0 hrs/week | $1,491,792 | $0 | $107,505 | $1,599,297 |
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $1,340,611 | $0 | $64,230 | $1,404,841 |
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $1,291,127 | $0 | $55,982 | $1,347,109 |
| PHYSICIAN Highest compensated employee, 40.0 hrs/week | $1,284,637 | $0 | $40,728 | $1,325,365 |
| TREASURER/CFO Officer, 40.0 hrs/week | $579,632 | $0 | $242,633 | $822,265 |
| DIRECTOR/PHYSICIAN Director/trustee, 40.0 hrs/week | $572,553 | $0 | $50,316 | $622,869 |
372 people received more than $100,000 in reportable compensation from Riverside Medical Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $6.3M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b13 · 9 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 53,145
- Volunteers Part I, line 6129
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| NOVUS ILLINOIS SERVICE CORPORATION Medical services | $7,036,794 |
| PERFORMANCE MECHANICAL CONTRACTORS INC Construction services | $3,181,683 |
| MORRISON HEALTHCARE Dietary services | $2,420,891 |
| CARDIOTHORACIC & VASCULAR SURGICAL ASSOCIATION Physician services | $2,000,000 |
| POWER WELLNESS MGMT LLC Mgmt services | $1,951,966 |
Individuals listed as contractors are left out. 71 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Riverside Medical Center totaling $14,074 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Riverside Medical Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Riverside Medical Center, you can publish a response that is linked from this page.
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Of every $100 Riverside Medical Center spent in 2024, $94.95 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Champlain Valley Physicians Hospital Medical CenterPlattsburgh, NY · revenue $528M · programs 74.9% · FY2025
- McLaren Greater LansingLansing, MI · revenue $531M · programs 79.4% · FY2025
- Osf Multi-Specialty GroupPeoria, IL · revenue $528M · programs 89.8% · FY2025
- Legacy Good Samaritan Hospital and Medical CenterPortland, OR · revenue $532M · programs 79.4% · FY2025
- St Vincent Infirmary Medical CenterPhoenix, AZ · revenue $525M · programs 93.6% · FY2025
Questions people ask
How much of Riverside Medical Center's spending goes to programs?
In calendar year 2024, Riverside Medical Center reported that 94.9% of its $465.8 million in expenses went to program services, 5.1% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Riverside Medical Center pay its top executive?
The largest total compensation Riverside Medical Center reported for one person in calendar year 2024 was $1,679,403, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Riverside Medical Center get its money?
Of $528.8 million in revenue in calendar year 2024, 0.2% came from contributions and grants and 86.9% from program service revenue (Form 990, Part VIII).
Is Riverside Medical Center a registered charity?
The IRS lists EIN 36-2414944 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202543169349306684 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443169349306129 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303129349304950 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233169349301203 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103129349301860 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043109349301174 · read the filing
All filings for EIN 36-2414944: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.