IRS Form 990 · EIN 41-0724029

Riverview Healthcare Association

Crookston, MN 56716-1601 · Tax year 2023

NTEE E22Specialty Hospital

$63.0M

Total revenue

$68.5M

Total expenses

$-854

Net income

-0.0%

Operating margin

Financial summary

Hospital-specific data — what the org reports to defend tax-exempt status

Compared to 11 organizations with NTEE E22 in MN

Avg revenue (peers)

$50.8M

This org:$63.0M

Avg net income (peers)

$938K

This org:$-854

Avg top exec comp (peers)

$556K

This org (highest):—

20 officers + key employees reported on Schedule J

Name	Title	Hours/wk	Base comp	Total comp
DR OLATUBOSUN FASHORO	PHYSICIAN / CHIEF OF STAFF	40	$1.1M	$1.2M
DR RAM PANERU	PHYSICIAN	40	$777K	$883K
DR COLIN FENNELL	PHYSICIAN	40	$671K	$749K
DR ERIK KANTEN	TRUSTEE/PHYSICIAN	41	$593K	$688K
DR KARI WESSMAN	PHYSICIAN	40	$544K	$617K
DR BRETT VIBETO	TRUSTEE/PHYSICIAN	41	$516K	$603K
DR MANEESH KANAL	PHYSICIAN	40	$431K	$493K
CARRIE MICHALSKI	PRESIDENT & CEO	40	$338K	$420K
JEAN TATE	VP OF HUMAN RESOURCES	40	$155K	$234K
BETTY ARVIDSON	CFO / VP OF FINANCE	40	$175K	$231K
CHRIS BRUGGEMAN	COO / VP OF OPERATIONS	40	$149K	$225K
LANCE NORMAN	VP OF ANCILLARY SERVICES	40	$165K	$221K
APRIL GRUNHOVD	CNO/VP OF PATIENT SERVICES	40	$173K	$213K
GARRET BOROWICZ	TRUSTEE	1	—	—
GRANT GUNDERSON	CHAIR	4	—	—
REED ENGELSTAD	TRUSTEE	1	—	—
LORI KELLER	TRUSTEE	1	—	—
KARI KOENIG	SECRETARY	1	—	—
STEPHANIE HARBOTT	TREASURER	2	—	—
TIM BRINKMAN	VICE CHAIR	2	—	—

Tax year	Total revenue	Total expenses	Net income	Total assets
2023	$63.0M	$68.5M	$-854	$85.2M
2022	$66.3M	$72.2M	$500	$90.1M
2021	$71.6M	$66.7M	$1K	$104.8M
2020	$62.7M	$60.5M	$2K	$110.1M
2019	$60.9M	$62.2M	$-10K	$94.8M
2018	$65.7M	$64.6M	$1.1M	$46.9M
2017	$62.4M	$58.7M	$-4K	$44.8M
2016	$58.5M	$54.4M	$4K	$42.2M
2015	$53.3M	$49.4M	$-2K	$38.7M
2014	$49.0M	$50.2M	$97K	$34.2M

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