Riverview Healthcare Association
83% goes to programs $0 to raise $100
Riverview Healthcare Association is a 501(c)(3) organization based in Crookston, Minnesota, registered in 1943, with $62,878,840 in FY2023 revenue. CharityIndex grades it A, and it directs about 83% of spending to programs.
323 S Minnesota St, Crookston, MN, 56716 EIN 41-0724029 Since 1943
Revenue (FY2023)
$62.9M
▼ 0.2% vs prior year
Health median: $840K
Expenses (FY2023)
$68.1M
Net assets
$16.3M
Employees
383
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating83% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Riverview Healthcare Association: 83% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
BFinancial health25% of the rating3 mo reserves · -8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Riverview Healthcare Association: 3 mo reserves · -8% margin earns a B on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Riverview Healthcare Association: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Riverview Healthcare Association: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Riverview health provides world-class healthcare through a culture of excellence that provides access to our community for all healthcare needs serving as an advocate for our community, patients, medical staff and employees.
What they do
Riverview home care is a full service home care agency providing 24-hour access to on call nurses, routine service on weekends and holidays, and a full range of therapy services. for the year ending september 30, 2024, there were 1,158 home care patients and 11,650 patient visits. riverview assisted living provides service to residents in crookston. assistance for those unable to live alone without aid includes housekeeping, help dressing, bathing, preparing meals, medication set-up and many other services. for the year ending september 30, 2024, there were 166 assisted living patients and 4,343 patient visits.
Riverview recovery center provides a day treatment and outpatient treatment program effective for the adult who is abusing or dependent on one or more mood-altering chemicals. the recovery center operates clinics in crookston, east grand forks, thief river falls, and roseau, minnesota. for the year ending september 30, 2024, recovery center had 11,374 outpatient visits.
Contact & location
- Address
- 323 S Minnesota St, Crookston, MN, 56716
- City
- Crookston
- State
- Minnesota
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $49.0M (FY2013) to $62.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $60.2MNet assets $16.3M
Operating margin
-8.2%
Spent more than it raised in the latest fiscal year.
Total assets
$76.5M
Total liabilities
$60.2M
Net assets
$16.3M
Salaries & benefits
$31.3M
46% of expenses
Board members
9
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $62,878,840▼0.2% | $68,057,962▼0.6% | $16,309,380▼20.4% | $76,522,410▼10.2% | 990 |
| 2022 | $62,998,183▼4.9% | $68,469,103▼5.2% | $20,489,111▼20.8% | $85,198,944▼5.5% | 990 |
| 2021 | $66,261,673▼7.4% | $72,233,799▲8.3% | $25,880,998▼19.5% | $90,134,185▼14.0% | 990 |
| 2020 | $71,556,435▲14.2% | $66,720,935▲10.2% | $32,166,212▲17.5% | $104,798,732▼4.9% | 990 |
| 2019 | $62,671,434▲2.9% | $60,532,293▼2.7% | $27,372,678▲8.5% | $110,145,265▲16.2% | 990 |
| 2018 | $60,878,311▼7.3% | $62,205,345▼3.7% | $25,224,534▼4.9% | $94,800,228▲102% | 990 |
| 2017 | $65,672,021▲5.3% | $64,615,681▲10.2% | $26,512,671▲4.0% | $46,931,465▲4.8% | 990 |
| 2016 | $62,377,416▲6.6% | $58,652,352▲7.8% | $25,500,237▲17.1% | $44,783,658▲6.2% | 990 |
| 2015 | $58,512,982▲9.7% | $54,399,442▲10.1% | $21,768,266▲23.2% | $42,156,484▲8.8% | 990 |
| 2014 | $53,331,816▲8.9% | $49,430,816▼1.5% | $17,666,686▲28.4% | $38,746,301▲13.2% | 990 |
| 2013 | $48,991,443 | $50,170,272▼7.4% | $13,757,560▼7.9% | $34,215,521▼10.9% | 990 |
| 2012 | — | $54,165,997▼0.5% | $14,933,469▼17.7% | $38,420,464▼9.3% | 990 |
| 2011 | — | $54,441,178▲3.8% | $18,138,479▼1.4% | $42,352,362▲6.4% | 990 |
| 2010 | — | $52,470,551▲4.4% | $18,387,911▲4.7% | $39,794,291▲1.0% | 990 |
| 2009 | — | $50,235,491 | $17,558,574 | $39,391,714 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Dr Olatubosun Fashoro — $1,075,059 (1.58% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Olatubosun Fashoro | Physician / Chief of Staff | 40 | $1,075,059 |
| Dr Ram Paneru | Physician | 40 | $777,458 |
| Dr Colin Fennell | Physician | 40 | $670,941 |
| Dr Erik Kanten | Trustee/physician | 41 | $593,207 |
| Dr Kari Wessman | Physician | 40 | $544,377 |
| Dr Brett Vibeto | Trustee/physician | 41 | $515,682 |
| Dr Maneesh Kanal | Physician | 40 | $431,358 |
| Carrie Michalski | President & Ceo | 40 | $337,880 |
| Betty Arvidson | Cfo / Vp of Finance | 40 | $174,740 |
| April Grunhovd | Cno/vp of Patient Services | 40 | $173,485 |
| Lance Norman | Vp of Ancillary Services | 40 | $165,120 |
| Jean Tate | Vp of Human Resources | 40 | $155,402 |
| Chris Bruggeman | Coo / Vp of Operations | 40 | $149,161 |
| Garret Borowicz | Trustee | 1 | — |
| Grant Gunderson | Chair | 4 | — |
| Kari Koenig | Secretary | 1 | — |
| Lori Keller | Trustee | 1 | — |
| Reed Engelstad | Trustee | 1 | — |
| Stephanie Harbott | Treasurer | 2 | — |
| Tim Brinkman | Vice Chair | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Advanced Research Medical LLC | Equipment Leases | $2,334,876 |
| Inspired Spine Health | Contract Physician | $1,706,262 |
| Weatherby Locums | Contract Physicians | $721,974 |
| Jd Global Medical | Contract Emergency Dept Physician | $681,599 |
| Sanford Health | Various Services (it, Lab, Contracted Me | $598,622 |
Grants received · $15K total
2 grants to Riverview Healthcare Association totaling $15K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Hackensack Meridian Health Inc | Sponsorship | 2018 | $9,000 |
| National Association For the Exchange of Industrial Resources I | Care of ill, needy, or minor | 2014 | $5,751 |
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Frequently asked questions
- Is Riverview Healthcare Association a legitimate nonprofit?
- Yes. Riverview Healthcare Association is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-0724029, based in Crookston, Minnesota. Donations are tax-deductible.
- What is Riverview Healthcare Association's EIN?
- Riverview Healthcare Association's Employer Identification Number (EIN) is 41-0724029.
- How much revenue does Riverview Healthcare Association report?
- Riverview Healthcare Association reported $62,878,840 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Riverview Healthcare Association's spending goes to programs?
- Riverview Healthcare Association spends about 83% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Riverview Healthcare Association have?
- CharityIndex grades Riverview Healthcare Association A, based on program efficiency and fundraising cost.
- How much does Riverview Healthcare Association's highest-paid employee make?
- The highest reported compensation on Riverview Healthcare Association's latest Form 990 is $1,075,059, paid to Dr Olatubosun Fashoro (Physician / Chief of Staff).
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Data for Riverview Healthcare Association (EIN 41-0724029) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.