What is Riverbend Medical Group Inc's total revenue?

Riverbend Medical Group Inc reported total revenue of $75.0M for tax year 2023 on its IRS Form 990, against $94.6M in total expenses.

What are Riverbend Medical Group Inc's total assets?

Riverbend Medical Group Inc reported total assets of $44.5M and net assets of $-13.2M on its FY2023 IRS Form 990.

Where can I find Riverbend Medical Group Inc's IRS Form 990?

Riverbend Medical Group Inc files IRS Form 990 annually under EIN 81-1807730. The financial summary, executive compensation, and community benefit data are shown on this page; the original filing is also available directly from the IRS.

IRS Form 990 · EIN 81-1807730

Riverbend Medical Group Inc

Hartford, CT 06105-1208 · Tax year 2023

NTEE E32

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$75.0M

Total revenue

$94.6M

Total expenses

—

Net income

—

Operating margin

Financial summary

Total revenue: $75.0M
Contributions + grants: $76K
Program service revenue: $71.7M
Total expenses: $94.6M
Program expenses: —
Administrative expenses: —
Fundraising expenses: —
Net income: —
Total assets: $44.5M
Total liabilities: $57.7M
Net assets: $-13.2M

Peer comparison

Compared to 4 organizations with NTEE E32 in CT

Avg revenue (peers)

$61.4M

This org:$75.0M

Avg net income (peers)

$-4.3M

This org:—

Avg top exec comp (peers)

$487K

This org (highest):$1.1M

Executive compensation (FY2022)

12 officers + key employees from the most recent Schedule J filing (FY2022; the financial summary above is FY2023)

Name	Title	Hours/wk	Base comp	Total comp
FREDERIK PENNINGS MD	NEUROSURGEON	50	$1.0M	$1.1M
LAKI ROUSOU MD	THORACIC SURGEON	50	$820K	$862K
ELIE SEMAAN MD	VASCULAR SURGEON	50	$793K	$854K
MARK SPRAGUE MD	MEDICAL DIRECTOR - ORTHOPEDICS	50	$727K	$803K
NATASHA MCKAY MD	NEUROSURGEON	50	$629K	$704K
ANNE SHAIN MD	FORMER OFFICER; PHYSICIAN	0	$424K	$497K
DANIEL KEENAN	FORMER OFFICER; SVP GOV'T RELATIONS	0	—	—
UGO UWAOMA MD	FORMER OFFICER	0	—	—
ROBERT ROOSE MD	DIR; MERCY HOSPITAL CHIEF ADMIN OFFR	1	—	—
MIKE RYAN	DIR, SEC, TREAS; REG VP OF FINANCE	1	—	—
DEBORAH BITSOLI	DIRECTOR; PRESIDENT; CHAIR	1	—	—
JAMES HARRIS	FMR OFFICER; TH OF NE DIR OF REIMB	0	—	—

7-year history

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2023	$75.0M	$94.6M	—	$44.5M
2022	$77.8M	$96.1M	$-70K	$24.6M
2021	$79.1M	$85.8M	—	$29.4M
2020	$66.3M	$83.8M	—	$33.0M
2019	$81.2M	$96.7M	$54K	$24.6M
2018	$77.7M	$92.6M	—	$22.5M
2017	$70.7M	$82.3M	$-866	$21.6M

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