Riverside Healthcare Association Inc Group

Riverside Healthcare Association Inc Group

Newport News, VA, US
501(c)3
EIN
90-1000718
Hospital
Regional Funder
Subordinate Organization

Riverside Healthcare Association Inc Group

Newport News, VA, US
501(c)3
EIN
90-1000718
Hospital
Regional Funder
Subordinate Organization

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$2,523,395,459

Program Services
97%
Other
1%
Investments
<1%
Contributions
<1%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$2,463,979,009

Salaries & Benefits
43%
Other
36%
Offices, Occupancy & IT
9%
Fees to Service Providers
7%
Depreciation
3%
Interest
<1%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$13,117,285
$6,768,171
-48%
Government Grants
$18,802,046
$1,610,355
-91%
Fundraising Events
$0
$0
-
Program Services
$2,248,754,149
$2,459,594,211
+9%
Membership Dues
$0
$0
-
Investments
$28,915,736
$20,450,207
-29%
Other
$11,841,060
$34,972,515
+195%
Total Revenues
$2,321,430,276
$2,523,395,459
+9%
Expenses
2023
2024
Change
Grants
$4,840,951
$1,607,814
-67%
Benefits to Members
$0
$0
-
Salaries & Benefits
$983,216,419
$1,060,425,786
+8%
Fees to Service Providers
$178,604,758
$183,046,454
+2%
Advertising & Promotion
$12,956,024
$13,420,634
+4%
Offices, Occupancy & IT
$208,857,624
$217,664,381
+4%
Interest
$17,669,417
$19,608,423
+11%
Depreciation
$69,178,877
$79,453,739
+15%
Other
$816,207,998
$888,751,778
+9%
Total Expenses
$2,291,532,068
$2,463,979,009
+8%
Net income
2023
2024
Change
Net income
+$29,898,208
+$59,416,450
+99%
Functional Expenses
Summary
2023
2024
Change
Program
$1,878,938,180
$2,025,331,486
+8%
Admin
$409,778,490
$435,403,154
+6%
Fundraising
$2,815,398
$3,244,369
+15%
Total Expenses
$2,291,532,068
$2,463,979,009
+8%
Income Statement
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