Bon Secours - Richmond Health System
Also known as Bon Secours Virginia
Bon Secours - Richmond Health System reported $2.05 billion in revenue and $1.81 billion in expenses for calendar year 2023. Of every $100 it spent, $91.35 went to program services, $8.65 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: 98.5% of the total. The highest compensation it reported for one person was $2,430,814 (Former Interim President - Richmond). 949 people received more than $100,000 in reportable compensation. Revenue rose 25% between 2020 and 2023. Source: Form 990, 2023.
Where $100 of spending went
Calendar year 2023 · Form 990, Part IX, line 25 · total expenses $1.81BFor 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 2023 · Form 990, Part VIII · total revenue $2.05BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2023 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.4% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.6% | 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 | 0.3% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 98.5% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,430,814 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.13% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 949 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.0 | 6.6 |
| Independent voting board members Part VI 1a–1b | 11 of 14 | 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
2023 · Form 990, Part III · the three largest programs by expenseBON SECOURS-RICHMOND HEALTH SYSTEM IS A MISSION-DRIVEN, NONPROFIT, CATHOLIC HEALTH SYSTEM. BON SECOURS-RICHMOND HEALTH SYSTEM OPERATES ACUTE CARE HOSPITALS, HOME HEALTH AGENCIES, AMBULATORY AGENCIES, AND OTHER HEALTHCARE ORGANIZATIONS. BON SECOURS-RICHMOND HEALTH SYSTEM SUPPORTS ITS subsidiary members in their effort to provide compassionate, quality healthcare services to those in need, including the poor and dying, for the purpose of alleviating human suffering and bringing people to wholeness in the midst of pain and loss
The five hospitals included on this return extend the healing ministry of jesus by improving the health and well-being of our communities and bringing good help to those in neeed, especially people who are poor, dying and underserved. This is accomplished by demonstrating behaviors reflecting our core values of human dignity, integrity, compassion, stewardship, and service. Total community benefit provided in 2023 was $64,779,681
Highest reported compensation
2023 · 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 |
|---|---|---|---|---|
| Former Interim President - Richmond Former, 0.0 hrs/week | $0 | $2,417,550 | $13,264 | $2,430,814 |
| Chief Clinical Officer, BSMH Director/trustee, 2.5 hrs/week | $0 | $1,850,444 | $480,287 | $2,330,731 |
| President/CEO - Richmond Director/trustee, officer, 48.5 hrs/week | $0 | $921,428 | $278,229 | $1,199,657 |
| Former Chief Clinical Officer - Richmond Former, 0.0 hrs/week | $0 | $724,751 | $118,966 | $843,717 |
| Hospital President - SFMC Highest compensated employee, 50.0 hrs/week | $718,422 | $0 | $58,095 | $776,517 |
| CHIEF OPERATING OFFICER - RICHMOND Key employee, 50.0 hrs/week | $654,760 | $0 | $84,952 | $739,712 |
| Hospital President - SMH Highest compensated employee, 50.0 hrs/week | $631,942 | $0 | $64,284 | $696,226 |
| Cardiologist Highest compensated employee, 50.0 hrs/week | $614,129 | $0 | $46,849 | $660,978 |
949 people received more than $100,000 in reportable compensation from Bon Secours - Richmond Health System (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).
4 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2023 · 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–1b14 · 11 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 15aNo
- 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 56,852
- Volunteers Part I, line 61,749
Private foundation grants it received
1 private foundation reported grants to Bon Secours - Richmond Health System totaling $1,000 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 Bon Secours - Richmond Health System's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Bon Secours - Richmond Health System, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Bon Secours - Richmond Health System spent in 2023, $91.35 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Bjc Health SystemSt Louis, MO · revenue $2.04B · programs 76.3% · 2024
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- Scott & White Memorial HospitalDallas, TX · revenue $2.02B · programs 87.6% · FY2025
- Prisma Health-MidlandsGreenville, SC · revenue $2.08B · programs 89.3% · FY2025
- Geisinger Medical CenterDanville, PA · revenue $2.02B · programs 96.7% · 2024
Questions people ask
How much of Bon Secours - Richmond Health System's spending goes to programs?
In calendar year 2023, Bon Secours - Richmond Health System reported that 91.4% of its $1.81 billion in expenses went to program services, 8.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Bon Secours - Richmond Health System pay its top executive?
The largest total compensation Bon Secours - Richmond Health System reported for one person in calendar year 2023 was $2,430,814, for the role of Former Interim President - Richmond (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Bon Secours - Richmond Health System get its money?
Of $2.05 billion in revenue in calendar year 2023, 0.3% came from contributions and grants (including 0.0% from government grants) and 98.5% from program service revenue (Form 990, Part VIII).
Is Bon Secours - Richmond Health System a registered charity?
The IRS lists EIN 52-1988421 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 2020, 2021, 2022, 2023. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2023: Form 990 for calendar year 2023, object 202403189349300745 · read the filing · XML
- 2022: Form 990 for calendar year 2022, object 202303179349303580 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223119349303577 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143199349310354 · read the filing
All filings for EIN 52-1988421: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.