Public Charity

RIVERWOOD HEALTHCARE CENTER & COMMUNITY HOSPITAL FOUNDATION

RIVERWOOD HEALTHCARE CENTER & COMMUNITY HOSPITAL FOUNDATION, of AITKIN, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $478K in revenue, $713K in expenses, $6.5M in total assets. 14 publicly reported grants to this organization, totaling roughly $4.6M, appear in IRS filings.

EIN: 411738787 AITKIN, MN Latest filing: 2024
Total Revenue$478K
Total Expenses$713K
Total Assets$6.5M
Grant Records14
Funding Total$4.6M
Filing Years2020–2024

Mission

RIVERWOOD FOUNDATION EXISTS TO RAISE MONEY FOR RIVERWOOD HEALTHCARE CENTER TO ENHANCE THE QUALITY OF CARE FOR THE COMMUNITY WE SERVE.

Officers & Directors

RHCC CFO Casey Johnson
TREASURER (UNTIL 9/11/24) David Hommes
CHAIR Henry Brucker
DIRECTOR Kathleen Ryan
RHCC CEO Ken Westman
DIRECTOR/RHCC EMPLOYEE Lane Fischer

Officer compensation and complete director data available with membership.

Top Grant Purposes

RELATED TO THE NEW MARKET TAX CREDIT TRANSACTION
$4,345,250 1 grant
GENERAL OPERATIONS
$245,312 1 grant
HEALTH
$36,000 2 grants
CULTURE & ARTS
$10,000 1 grant
For grant recipient's exempt purposes
$6,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $478K $713K $6.5M
2023 $450K $601K $6.6M
2022 $1.4M $326K $6.8M
2021 $459K $319K $5.9M
2020 $325K $195K $5.7M

Between 2020 and 2024, reported annual revenue grew from $325K to $478K (+47%), with total assets most recently reported at $6.5M.

Interactive year-over-year charts and full filing details available with membership.

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