2025-11-12T11:38:03+00:00 2024-12-31 135565207 KPMG LLP 200 East Randolph Drive Suite 5500 Chicago IL 606016436 990 2024-01-01 363670744 RIVERSIDE SENIOR LIVING CENTER RIVE 8159331671 350 N WALL STREET KANKAKEE IL 60901 RICH SHILTZ DIRECTOR OF FINANCE 8159358160 2025-11-12 true Zeljko Popovic P01795951 3126651000 2025-11-06 2024 2025-03-06 01:10:19Z PHILLIP KAMBIC 350 N WALL STREET KANKAKEE IL 60901 39667839 false X WWW.RIVERSIDEHEALTHCARE.ORG X 1989 IL RIVERSIDE SENIOR LIVING CENTER'S MISSION IS TO OPERATE A CONTINUING CARE FACILITY THAT PROVIDES QUALITY INDEPENDENT AND ASSISTED LIVING CARE AS WELL AS SKILLED NURSING CARE. 11 9 463 10 0 56580 23768 26912188 28856929 615657 1379833 15286 132851 27599711 30393381 0 0 14959999 16012234 0 0 12178343 12789608 27138342 28801842 461369 1591539 71341144 78053664 41825848 45574314 29515296 32479350 X RIVERSIDE SENIOR LIVING CENTER'S MISSION IS TO OPERATE A CONTINUING CARE FACILITY THAT PROVIDES QUALITY INDEPENDENT AND ASSISTED LIVING CARE AS WELL AS SKILLED NURSING CARE. false false 12866105 12792584 RIVERSIDE SENIOR LIVING CENTER OPERATES MILLER NURSING HOME, A LONG-TERM CARE DIVISION THAT PROVIDES INTERMEDIATE, SKILLED AND SUB-ACUTE LEVELS OF CARE. SERVICES PROVIDED ARE OVERSEEN BY THE ADMINISTRATOR AND THE DIRECTOR OF NURSING. IN ADDITION TO PROVIDING SKILLED NURSING SERVICES, THE FACILITY ALSO PROVIDES AN ARRAY OF PHYSICAL, SPEECH AND OCCUPATIONAL THERAPY FOR THE RESIDENTS OF THE FACILITY. A MULTITUDE OF OTHER SERVICES AVAILABLE ARE PROVIDED THROUGH A CONTRACTUAL AGREEMENT WITH OTHER PROVIDERS (I.E. PODIATRIST, DENTAL SERVICES, PHARMACEUTICALS AND OPTOMETRY). THIS DIVISION IS LICENSED BY THE ILLINOIS DEPARTMENT OF PUBLIC HEALTH AND IS CERTIFIED FOR MEDICARE AND MEDICAID RECIPIENTS. DURING THE YEAR 2024, THIS FACILITY PROVIDED APPROXIMATELY 33,480 RESIDENT CARE DAYS. 10546390 11625854 RIVERSIDE SENIOR LIVING CENTER OPERATES AN ASSISTED LIVING COMMUNITY DESIGNED TO PROVIDE QUALITY CARE AND HOUSING OF THOSE NOT ABLE TO LIVE INDEPENDENTLY. ALL THE SAME SERVICES THAT INDEPENDENT LIVING RESIDENTS RECEIVE ARE ALSO AVAILABLE TO THOSE IN THE ASSISTED LIVING COMMUNITY. THE RESIDENTS OF THE ASSISTED LIVING COMMUNITY ALSO RECEIVE THREE MEALS DAILY AND ASSISTANCE WITH CERTAIN LIVING ACTIVITIES AS THE INDIVIDUAL RESIDENT MAY REQUEST. IN 2024, APPROXIMATELY 148 OF THE 176 UNITS WERE OCCUPIED FOR THE ENTIRE YEAR. 3070342 4245891 RIVERSIDE SENIOR LIVING CENTER OPERATES AN INDEPENDENT LIVING RETIREMENT COMMUNITY DESIGNED TO PROVIDE HOUSING IN THE FORM OF EITHER AN APARTMENT OR A HOUSE. A VARIETY OF SERVICES ARE OFFERED FOR RESIDENTS INCLUDING HOUSEKEEPING, UTILITIES, MAINTENANCE, TRANSPORTATION, SECURITY MONITORING, A 24-HR CALL SYSTEM, A FULL ARRAY OF RECREATIONAL SOCIAL PROGRAMS, LAWN CARE AND SNOW REMOVAL. THERE ARE APPROXIMATELY 90 INDEPENDENT LIVING UNITS OF WHICH APPROXIMATELY 59 WERE OCCUPIED THE ENTIRE YEAR AND 25 ESTATE HOMES OF WHICH ALL WERE FULL ALL YEAR. 325451 COMMUNITY FEES AND ACTIVITY FEES 325451 26482837 true true false false false false false false false false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false false true 17 0 true 463 true false false false false false false false false false false false false X 11 9 false false false false true true true true true false false false true true true true true true false false false false IL X RICH SCHILTZ 8159357256 350 N WALL STREET KANKAKEE IL 60901 BRUCE PAYNE CHAIRMAN (THROUGH 6/21/24) 1.0 2.0 X X 0 0 0 DAVID TYSON VICE CHAIRMAN 1.0 1.0 X X 0 0 0 LINDA MITCHELL EDD SECRETARY 1.0 0 X X 0 0 0 MAGGIE FROGGE CHAIRMAN (START 6/21/24) 1.0 2.0 X X 0 0 0 PHIL KAMBIC PRESIDENT/CEO 1.0 43.0 X X 0 1422347 257056 JEFF BENNETT DIRECTOR 1.0 0 X 0 0 0 JEFFREY HAMMES DIRECTOR 1.0 0 X 0 0 0 JERRY HOEKSTA DIRECTOR 1.0 0 X 0 0 0 MICHAEL O'GORMAN DIRECTOR 1.0 0 X 0 0 0 NORMAN STRASMA DIRECTOR 1.0 0 X 0 0 0 RITU CHANDAN DIRECTOR/PHYSICIAN 1.0 0.0 X 0 367891 47301 YVONNE CHRISTIAN-WILLIAMS DIRECTOR 1.0 0 X 0 0 0 PATRICIA K VILT TREASURER/CFO 1.0 43.0 X 0 579632 242633 REBECCA SCHILITZ VP OF POST ACUTE CARE 20.0 20.0 X 0 291274 55579 BENJAMIN MARCH EXECUTIVE DIRECTOR 40.0 0 X 143241 0 22284 BETH SMITH REGISTERED NURSE 40.0 0 X 115594 0 13779 HOLLY HARDER CLINIC TEAM LEAD 40.0 0 X 116265 0 31076 ROXANNE FEAR ADMINISTRATOR 40.0 0 X 155557 0 4890 SHELLEY HARTMAN ADMINISTRATOR - MEMORY CARE 40.0 0 X 117838 0 4665 BILL DOUGLAS FORMER OFFICER 0.0 10.0 X 0 127697 56499 648495 2788841 735762 13 true true false FUNCTIONAL PATHWAYS 10133 SHERRILL BLVD SUITE 200 KNOXVILLE TN 37932 THERAPY SERVICES 1156333 MORRISON HEALTHCARE 400 NORTHBRIDGE RD 600 ATLANTA GA 30350 FOOD SERVICES 729017 MEDICAL SOLUTIONS LLC PO BOX 850737 MINNEAPOLIS MN 554850737 LABOR & MANGEMENT 509569 GLADE PLUMBING & HEATING 211 WEST WATER STREET KANKAKEE IL 60901 PLUMBING & HEATING 478287 POLARIS GROUP PO Box 772409 DETROIT MI 482772409 CONSULTING SERVICES 253581 9 23768 23768 NET PATIENT SERVICE REVENUE 623110 12792584 12792584 RENTAL - ASSISTED LIVING 623312 11625854 11625854 RENTAL - INDEPENDENT LIVING 623311 4245891 4245891 COMMUNITY & ACTIVITY FEES 623110 192600 192600 0 0 0 0 28856929 1108579 1108579 0 0 9545712 9274458 271254 0 271254 271254 0 SECURITY DEPOSITS & ADMIN 531100 127086 127086 MEALS & DIETARY 722514 5765 5765 0 0 0 0 132851 30393381 28989780 0 1379833 X 13386339 12314787 1071552 359141 330392 28749 1334797 1227949 106848 931957 857356 74601 63580 63580 4286021 3891346 394675 0 74797 74797 2854 2854 2172602 2172602 600985 466914 134071 2366737 2366737 390075 66774 323301 FOOD 1231274 1231274 SUPPLIES 1165691 1125409 40282 EQUIPMENT 300572 297684 2888 DUES AND SUBSCRIPTIONS 134420 55962 78458 0 0 0 0 28801842 26482837 2319005 0 3508740 7417158 364318 500038 1624171 1536193 0 0 0 0 50472 65950 76810 10693 77414578 46230782 30923029 31183796 30870968 34149116 0 0 3922636 3190720 71341144 78053664 21754654 27022708 255517 168887 15875028 15652609 0 0 3940649 2730110 41825848 45574314 29276876 32229851 238420 249499 29515296 32479350 71341144 78053664 1591539 1372515 0 X false true true false X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 56580 23768 80348 26199159 24465892 24593945 26927474 28989780 131176250 0 0 0 26199159 24465892 24593945 26984054 29013548 131256598 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 131256598 812176 965219 952185 1206756 1108579 5044915 0 812176 965219 952185 1206756 1108579 5044915 0 0 0 0 0 0 0 27011335 25431111 25546130 28190810 30122127 136301513 0.96299 0.96363 0.04 0.04 X 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 95638 95638 59686025 32492420 27193605 17473418 13738362 3735056 159497 159497 31183796 Federal Income Taxes CURRENT PORTION OF LONG-TERM DEBT DEPOSITS UNDER RESIDENCY AGREEMENTS 2566330 INTEREST PAYABLE 163780 2730110 X 31742128 1372515 0 1372515 30369613 23768 23768 30393381 28801842 0 0 28801842 0 0 28801842 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote RHS AND ITS OBLIGATED AFFILIATES ACCOUNT FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ASC SUBTOPIC 740-10, INCOME TAXES - OVERALL. ASC SUBTOPIC 740-10 ADDRESSES THE DETERMINATION OF HOW TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE SPECIAL PURPOSE COMBINED FINANCIAL STATEMENTS. UNDER ASC SUBTOPIC 740-10, RHS AND ITS OBLIGATED AFFILIATES MUST RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE SPECIAL PURPOSE COMBINED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. RHS AND ITS OBLIGATED AFFILIATES DO NOT HAVE A LIABILITY FOR UNRECOGNIZED TAX BENEFITS. RHS AND ITS OBLIGATED AFFILIATES ARE SEPARATE NOT-FOR-PROFIT CORPORATIONS AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND ARE EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements CONTRIBUTIONS - 23768 false true false false false false false false false PHIL KAMBIC PRESIDENT/CEO 0 879295 0 277736 0 265316 0 231386 0 25670 0 1679403 0 206693 RITU CHANDAN DIRECTOR/PHYSICIAN 0 193433 0 163938 0 10520 0 33384 0 13917 0 415192 0 0 PATRICIA K VILT TREASURER/CFO 0 424409 0 113039 0 42184 0 216866 0 25767 0 822265 0 28303 BILL DOUGLAS FORMER OFFICER 0 127313 0 0 0 384 0 31615 0 24884 0 184196 0 0 REBECCA SCHILITZ VP OF POST ACUTE CARE 0 223855 0 0 0 67419 0 18383 0 37196 0 346853 0 0 ROXANNE FEAR ADMINISTRATOR 140027 0 0 0 15530 0 4890 0 0 0 160447 0 0 0 BENJAMIN MARCH EXECUTIVE DIRECTOR 128442 0 0 0 14799 0 3953 0 18331 0 165525 0 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation tHE ORGANIZATION RELIED ON RIVERSIDE MEDICAL CENTER, A RELATED TAX- EXEMPT ORGANIZATION, TO ESTABLISH AND PAY COMPENSATION OF THE ORGANIZATION'S CEO. RIVERSIDE MEDICAL CENTER USED THE FOLLOWING TO ESTABLISH REASONABLE COMPENSATION: A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPARABILITY DATA AND REQUIRED APPROVAL BY THE BOARD OF COMPENSATION COMMITTEE. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE FOLLOWING INDIVIDUALS PARTICIPATE IN A 457(F) PLAN WITH A RELATED ORGANIZATION, RIVERSIDE MEDICAL CENTER. TOTAL CONTRIBUTIONS TO THE PLAN FOR THE YEAR ENDED DECEMBER 31, 2024 ARE AS FOLLOWS: PHILLIP KAMBIC - $188,586; PATRICIA VILT - $18,866. AMOUNTS INCLUDED IN INCOME FOR THIS PLAN FOR THE YEAR ENDED DECEMBER 31, 2024, WERE AS FOLLOWS: PHILLIP KAMBIC - $206,693, PATRICIA VILT - $28,303. Form 990, Part III, Line 4a-4c Description of program services (Expenses $ including grants of $)(Revenue $ 325,451) COMMUNITY FEES AND ACTIVITY FEES Form 990, Part VI, Line 15 USED TO ESTABLISH COMPENSATION THE ORGANIZATION DOES NOT COMPENSATE ITS TOP MANAGEMENT OFFICIAL OR ANY OTHER OFFICERS/KEY EMPLOYEES. ALL ARE COMPENSATED BY RIVERSIDE MEDICAL CENTER, A RELATED TAX EXEMPT ORGANIZATION. FORM 990, PART VI, LINES 15A AND 15B HAVE BEEN ANSWERED NO, IN ACCORDANCE WITH THE INSTRUCTIONS TO THE FORM 990. Form 990, Part VI, Line 6 Classes of members or stockholders THE SOLE CORPORATE MEMBER OF RIVERSIDE SENIOR LIVING CENTER IS RIVERSIDE HEALTH SYSTEM, A RELATED TAX EXEMPT ORGANIZATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body AS THE SOLE CORPORATE MEMBER, RIVERSIDE HEALTH SYSTEM HAS THE AUTHORITY TO APPOINT OR REMOVE MEMBERS OF THE GOVERNING BODY. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE POWER AND AUTHORITY OF THE MEMBER CONCERNING THE AFFAIRS OF THE CORPORATION SHALL CONSIST OF THOSE RESERVED POWERS AS SET FORTH IN THIS SECTION. THE CORPORATION MAY, AT ITS OPTION, INITIATE OR MAKE RECOMMENDATIONS TO THE MEMBER WITH RESPECT TO ANY OF THE FOLLOWING MATTERS: (A) ELECT AND REMOVE, WITH OR WITHOUT CAUSE, THE DIRECTORS OF THE CORPORATION; (B) ELECT AND REMOVE THE PRESIDENT OF THE CORPORATION; (C) ADOPT, AMEND, RESTATE OR REPEAL THE ARTICLES OF INCORPORATION AND BYLAWS OF THE CORPORATION; (D) AUTHORIZE THE CORPORATION TO ENGAGE IN, OR ENTER INTO ANY TRANSACTION PROVIDING FOR THE SALE, LEASE, EXCHANGE OR OTHER DISPOSITION OF ASSETS OF THE CORPORATION OUTSIDE THE RIVERSIDE HEALTH SYSTEM D/B/A RIVERSIDE HEALTHCARE CORPORATE STRUCTURE IN EXCESS OF FIVE PERCENT (5%) OF ITS ASSETS, AS DEFINED IN THE CORPORATE BOND INDENTURE, IN ANY TWELVE (12) MONTH PERIOD; (E) ADOPT A PLAN OF DISSOLUTION OR LIQUIDATION OF THE CORPORATION AND DISTRIBUTION OF ITS ASSETS; (F) ADOPT A PLAN OF MERGER, CONSOLIDATION OR CORPORATE REORGANIZATION INVOLVING THE CORPORATION OTHER THAN IN THE ORDINARY COURSE OF HEALTH CARE OPERATIONS; (G) AUTHORIZE ANY TRANSACTION WHICH WOULD RESULT IN A CHANGE IN OWNERSHIP OR CONTROL OF THE CORPORATION; (H) APPROVE THE APPOINTMENT OF AN INDEPENDENT AUDITOR OR THE ADOPTION OF ACCOUNTING POLICIES AND INVESTMENT GUIDELINES; (I) ADOPT CAPITAL AND OPERATING BUDGETS OF THE CORPORATION; (J) ADOPT AND EXECUTE A STRATEGIC PLAN OF THE CORPORATION; (K) INCUR INDEBTEDNESS IN EXCESS OF THE LIMITS ESTABLISHED BY THE MEMBER FROM TIME TO TIME; (L) AUTHORIZE THE CORPORATION TO MAKE LOANS IN EXCESS OF THE LIMITS ESTABLISHED BY THE MEMBER FROM TIME TO TIME; (M) AUTHORIZE ANY CAPITAL EXPENDITURES IN EXCESS OF LIMITS ESTABLISHED BY THE MEMBER FROM TIME TO TIME; (N) AUTHORIZE ANY DONATION OF ASSETS OF THE CORPORATION IN EXCESS OF LIMITS ESTABLISHED BY THE MEMBER FROM TIME TO TIME; (O) AUTHORIZE THE SALE, TRANSFER, ENCUMBRANCE OR OTHERWISE DISPOSE OF ANY REAL PROPERTY OR INTEREST THEREIN OR THE PURCHASE OF ANY REAL ESTATE; (P) ORGANIZE OR ACQUIRE, OR AUTHORIZE THE ORGANIZATION OR ACQUISITION OF ANY SUBSIDIARY OR AFFILIATE OF THE CORPORATION ("AFFILIATE" SHALL INCLUDE ANY CORPORATION, ASSOCIATION, PARTNERSHIP, TRUST, JOINT VENTURE, OR OTHER ENTITY DIRECTLY OR INDIRECTLY CONTROLLING, CONTROLLED BY, OR UNDER COMMON CONTROL WITH THE CORPORATION); (Q) APPROVE ANY POLICY BY THE CORPORATION OR ANY ACTION TAKEN BY THE CORPORATION AS TO INITIATION, DEFENSE, OR SETTLEMENT OF LEGAL OR ADMINISTRATIVE ACTIONS IN EXCESS OF SUCH AMOUNTS AS SHALL BE ESTABLISHED PURSUANT TO CORPORATE POLICY; (R) MODIFY COMPENSATION AND BENEFIT POLICIES, WITH THE EXCEPTION OF THOSE INVOLVING THE PRESIDENT/CHIEF EXECUTIVE OFFICER, WHICH ARE SOLELY THE RESPONSIBILITY OF THE MEMBER'S EXECUTIVE COMMITTEE. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS REVIEWED IN DETAIL BY THE ORGANIZATION'S MANAGEMENT. SUBSEQUENT TO THIS REVIEW, THE FORM 990 IS SUPPLIED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy THE CONFLICT OF INTEREST QUESTIONNAIRES ARE MAILED TO ALL BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES (AS APPLICABLE) ANNUALLY. EACH MEMBER MUST READ AND SIGN THE FORM TO DISCLOSE ANY POTENTIAL CONFLICTS FOR THE YEAR. IF A CONFLICT ARISES WITH A BOARD MEMBER, THE BOARD MEMBER IS MADE AWARE THAT THEY MUST ABSTAIN FROM VOTING ON ANY ISSUE RELATED TO THE CONFLICT. THE PROCESS IS MONITORED BY THE ASSISTANT TO THE CEO OF RIVERSIDE MEDICAL CENTER. Form 990, Part VI, Line 19 Required documents available to the public FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. Form 990, Part IX, Line 11g Other Fees OTHER PROFESSIONAL SERVICES - Total Expense: 4286021, Program Service Expense: 3891346, Management and General Expenses: 394675, Fundraising Expenses: ; Form 990, Part X, Line 20 TAX-EXEMPT BONDS RIVERSIDE SENIOR LIVING CENTER IS PART OF AN OBLIGATED GROUP THAT HAS BEEN ISSUED VARIOUS TAX EXEMPT BONDS SINCE DECEMBER 2002. THE LIABILITIES REPORTED ON THE ORGANIZATION'S BALANCE SHEET HAVE BEEN ALLOCATED SPECIFICALLY TO THIS ORGANIZATION BUT THE SCHEDULE K IS FILED BY THE SOLE CORPORATE MEMBER, RIVERSIDE MEDICAL CENTER, A RELATED TAX EXEMPT ORGANIZATION. RIVERSIDE HEALTH SYSTEM 350 N WALL STREET KANKAKEE IL 60901 363167726 PARENT IL 501(c)(3) Type III-FI NA false RIVERSIDE MEDICAL CENTER 350 N WALL STREET KANKAKEE IL 60901 362414944 HEALTHCARE IL 501(c)(3) 3 RIVERSIDE HEALTH SYSTEM false OAKSIDE CORPORATION 350 N WALL STREET KANKAKEE IL 60901 363166804 HEALTHCARE IL 501(c)(3) Type I RIVERSIDE HEALTH SYSTEM false RIVERSIDE HEALTHCARE FOUNDATION 350 N WALL STREET KANKAKEE IL 60901 363166033 FUNDRAISING IL 501(c)(3) 7 RIVERSIDE HEALTH SYSTEM false RIVERSIDE AMBULATORY SURGERY CTR LLC 300 RIVERSIDE DR BOURBONNAIS IL 60914 320082320 SURGERY CENTER IL NA N/A false false false false true true false false false false false false false false false false true true false false true