2011-11-11T18:00:33-06:00 2010-12-31 CROWE HORWATH LLP 70 West Madison Street Suite 700 Chicago IL 606024903 990 2010-01-01 363166804 OAKSIDE CORPORATION OAKS 8159331671 350 N WALL STREET KANKAKEE IL 60901 BILL DOUGLAS 2011-11-02 true 3128997000 2010 2016-02-24 21:20:13Z PHILLIP KAMBIC 350 N WALL STREET KANKAKEE IL 60901 12177706 false X N/A X 1982 IL TO PROVIDE HEALTH CARE SERVICES TO THE COMMUNITY IN A CHARITABLE MANNER. 9 8 70 8 784802 256864 0 0 4364809 4327795 972109 1233070 1557476 1624328 6894394 7185193 0 0 0 0 2410529 2490397 0 0 0 3141537 3312365 5552066 5802762 1342328 1382431 26920809 26924259 13730258 11875316 13190551 15048943 X TO PROVIDE HEALTH CARE SERVICES TO THE COMMUNITY IN A CHARITABLE MANNER. false 2446280 2337847 RIVERSIDE HEALTH & FITNESS CENTER PROVIDES A FACILITY TO INTEGRATE FITNESS, WELLNESS, AND REHABILITATION. THE CENTER OFFERS A WIDE RANGE OF PROGRAMS FOR INDIVIDUALS OF ALL AGES. 1902662 1804634 OAKSIDE CORPORATION PROVIDES DURABLE MEDICAL EQUIPMENT TO INDIVIDUALS AND FAMILIES IN THE SURROUNDING AREAS OF KANKAKEE AND WILL COUNTIES. 706703 659205 OAKSIDE CORPORATION PROVIDES OUTPATIENT PHARMACY SERVICES TO INDIVIDUALS AND FAMILIES IN THE SURROUNDING AREAS OF KANKAKEE AND WILL COUNTIES. 380532 365635 OAKSIDE CORPORATION PROVIDES OUTPATIENT MENTAL HEALTH SERVICES TO INDIVIDUALS AND FAMILIES IN THE SURROUNDING AREAS OF KANKAKEE AND WILL COUNTIES AND BUILDING RENTAL TO RIVERSIDE MEDICAL CENTER FOR DRUG, ALCOHOL, AND SUBSTANCE ABUSE COUNSELING SERVICES. 380532 365635 5436177 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 true false false false false true 43 0 true 70 true true true false false false false false false false false false false X 9 8 false false false false true true true true true false false true true true true true true true true true true IL X BILL DOUGLAS 8159331671 350 N WALL STREET KANKAKEE IL 60901 X MARTY WHALEN 1 X 0 0 0 BILL DOUGLAS 1 X 0 398003 41895 PHILLIP KAMBIC 1 X X 0 819733 145693 PATRICK MARTIN 1 X 0 0 0 BILL OLTHOFF 1 X 0 0 0 BRIAN ROGERS 1 X 0 0 0 HARRY BOND 1 X X 0 0 0 DR KENNETH JOHNSTON 1 X 0 0 0 DR STEVE DECKER 1 X 0 0 0 JUDY LINMAN 1 X 0 0 0 0 1217736 187588 0 false true false 0 0 HEALTH & FITNESS CENTER 2337847 2337847 HEALTH EQUIPMENT 1564313 1564313 MENTAL HEALTH COUNSELING 365635 365635 RENTAL INCOME - AFFILIATES 60000 60000 0 0 0 0 4327795 1471219 1471219 0 0 0 0 0 552860 791009 -238149 0 -238149 -238149 0 0 5825832 4201506 1624328 839526 784802 0 0 0 0 0 7185193 5167321 784802 1233070 0 0 0 0 0 0 2022126 1724469 297657 33983 28981 5002 284704 242796 41908 149584 127566 22018 0 0 24000 24000 0 0 0 0 0 149385 149385 0 0 574251 574251 10219 10219 0 0 489508 489508 0 733296 733296 84546 84546 PURCHASE SERVICES 411585 411585 TAXES 268900 268900 BAD DEBT EXPENSE 200799 200799 EQUIPMENT RENTAL 89291 89291 PROGRAM DEVELOPMENT 58334 58334 218251 218251 0 0 5802762 5436177 366585 0 0 2504859 1946506 556107 802343 22751 31574 819715 889556 108381 17100 22429689 10620069 12280377 11809620 9497737 10092337 0 0 0 0 1130882 1335223 26920809 26924259 1835369 181668 185386 11557302 10550202 155919 1139728 13730258 11875316 X 13190551 15048943 13190551 15048943 26920809 26924259 X 1382431 475961 X false true true X false X X X false false false RIVERSIDE MEDICAL CENTER 362414944 3 true true true 0 1 0 0 0 0 5965711 5965711 10486711 6365827 4120884 1237358 850628 386730 4739909 3403614 1336295 0 11809620 0 CURRENT PORTION OF LONG TERM DEBT 287569 OTHER LONG-TERM LIABILITIES 852159 1139728 7185193 5802762 1382431 607985 -132024 475961 1858392 7661154 607985 0 607985 7053169 132024 132024 7185193 5802762 0 0 5802762 0 0 5802762 FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 OAKSIDE CORPORATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ASC TOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC TOPIC 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 TOPIC 740-10, OAKSIDE CORPORATION 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. ASC TOPIC 740-10 ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS, AND REQUIRES INCREASED DISCLOSURES. AT THE DATE OF ADOPTION AND AS OF DECEMBER 31, 2010, OAKSIDE CORPORATION DOES NOT HAVE A LIABILITY FOR UNRECOGNIZED TAX BENEFITS. X X X X false true false false false false false BILL DOUGLAS 0 289616 0 87000 0 21387 0 35048 0 6847 0 439898 0 0 PHILLIP KAMBIC 0 580193 0 185963 0 53577 0 136213 0 9480 0 965426 0 0 Supplemental nonqualified retirement plan Schedule J, Part I, Line 4b PHILLIP KAMBIC AND BILL DOUGLAS ARE PART OF A 457(F) PLAN WITH A RELATED ORGANIZATION, RIVERSIDE MEDICAL CENTER. TOTAL CONTRIBUTIONS TO THE PLAN FOR PHILLIP AND BILL WERE $119,713 AND $17,877 RESPECTIVELY. PROCESS FOR DETERMINING COMPENSATION OF CEO SCHEDULE J, PART I, LINE 3 THE ORGANIZATION RELIED ON RIVERSIDE MEDICAL CENTER, A RELATED TAX-EXEMPT ORGANIZATION, WHICH USED A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, A WRITTEN EMPLOYMENT CONTRACT, COMPARABILITY DATA AND REQUIRE APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE, TO DETERMINE THE COMPENSATION OF THE PRESIDENT/CEO. Description of other program services Form 990, Part III, Line 4d OAKSIDE CORPORATION PROVIDES OUTPATIENT MENTAL HEALTH SERVICES TO INDIVIDUALS AND FAMILIES IN THE SURROUNDING AREAS OF KANKAKEE AND WILL COUNTIES AND BUILDING RENTAL TO RIVERSIDE MEDICAL CENTER FOR DRUG, ALCOHOL, AND SUBSTANCE ABUSE COUNSELING SERVICES. TAX-EXEMPT BONDS PART IV LINE 24A, PART X LINE 20, SCHEDULE K OAKSIDE CORPORATION 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 RIVERSIDE MEDICAL CENTER, A RELATED TAX-EXEMPT ORGANIZATION. Classes of members or stockholders Form 990, Part VI, Section A, Line 6 THE SOLE CORPORATE MEMBER OF OAKSIDE CORPORATION, A TAX EXEMPT ORGANIZATION, IS RIVERSIDE HEALTH SYSTEM. Members or stockholders electing members of governing body Form 990, Part VI, Section A, Line 7a AS THE SOLE CORPORATE MEMBER, RIVERSIDE HEALTH SYSTEM, A RELATED TAX EXEMPT ORGANIZATION, HAS THE AUTHORITY TO ELECT AND/OR REMOVE DIRECTORS OF THE ORGANIZATION. Decisions requiring approval by members or stockholders Form 990, Part VI, Section A, Line 7b ACTION ON THE FOLLOWING MATTERS IS RESERVED EXCLUSIVELY TO THE MEMBER, PROVIDED THAT 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 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) ESTABLISH POLICY GUIDELINES AND CRITERIA FOR IMPLEMENTATION OF THE CORPORATION'S MISSION AND PERIODICALLY REVIEW AND AMEND THE MISSION STATEMENT. (R) 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. (S) 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. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b AFTER AN INITIAL REVIEW OF THE FORM 990 BY MANAGEMENT, THE RETURN IS PRESENTED TO THE FULL BOARD OF DIRECTORS. A COPY IS SUPPLIED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. Conflict of interest policy Form 990, Part VI, Section B, Line 12c CONFLICT OF INTEREST QUESTIONNAIRES ARE MAILED TO ALL BOARD MEMBERS ANNUALLY. EACH MEMBER MUST READ AND SIGN THE FORM TO DISCLOSE ANY POTENTIAL CONFLICTS FOR THE YEAR. IF A CONFLICT DOES ARISE DURING THE YEAR, THE BOARD MEMBER IS MADE AWARE THAT THEY MUST ABSTAIN FROM VOTING ON ANY ISSUE RELATED TO THE CONFLICT. THIS PROCESS IS MONITORED BY THE ASSISTANT TO THE CEO. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a THE CEO IS COMPENSATED BY RIVERSIDE MEDICAL CENTER (RMC), A RELATED TAX-EXEMPT ORGANIZATION. RMC'S COMPENSATION REVIEW PROCESS IS AS FOLLOWED: RIVERSIDE MEDICAL CENTER'S EXECUTIVE TOTAL COMPENSATION PROGRAM IS GOVERNED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEE IS COMPRISED OF INDEPENDENT MEMBERS OF THE SYSTEM BOARD WHO HAVE NO PERSONAL INTEREST IN ANY EXECUTIVE COMPENSATION TRANSACTIONS. THE COMMITTEE GOVERNS THE SYSTEM'S EXECUTIVE TOTAL COMPENSATION PROGRAM FOR ALL POSITIONS AT THE LEVEL OF VICE PRESIDENT, AND ABOVE. EACH YEAR THE COMMITTEE ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT TO ASSIST IN DETERMINING APPROPRIATE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS. IN SETTING THE TOP MANAGEMENT OFFICIAL'S COMPENSATION, THE EXECUTIVE COMMITTEE RELIES ON RECENT INDEPENDENT COMPENSATION STUDIES THAT PROVIDE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN COMPARABLE ORGANIZATIONS TO SUPPORT ITS DECISION-MAKING PROCESS. THE COMMITTEE FOLLOWS ALL STEPS REQUIRED BY THE INTERNAL REVENUE SERVICE (IRS) TO QUALIFY FOR THE SAFE HARBOR UNDER THE INTERMEDIATE SANCTIONS REGULATIONS. THE COMMITTEE ADEQUATELY DOCUMENTS ITS COMPENSATION DETERMINATIONS AND DELIBERATIONS REGARDING COMPENSATION IN THE MINUTES ON A TIMELY BASIS. Process used to establish compensation of other officers/key employees Form 990, Part VI, Section B, Line 15b THE OTHER OFFICERS ARE COMPENSATED BY RIVERSIDE MEDICAL CENTER. THE PROCESS USED BY RIVERSIDE MEDICAL CENTER IS PROVIDED BELOW. RIVERSIDE'S EXECUTIVE TOTAL COMPENSATION PROGRAM IS GOVERNED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEE IS COMPRISED OF INDEPENDENT MEMBERS OF THE SYSTEM BOARD WHO HAVE NO PERSONAL INTEREST IN ANY EXECUTIVE COMPENSATION TRANSACTION. THE COMMITTEE GOVERNS THE SYSTEM'S EXECUTIVE TOTAL COMPENSATION PROGRAM FOR ALL POSITIONS AT THE LEVEL OF VICE PRESIDENT, AND ABOVE. EACH YEAR THE COMMITTEE ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT TO ASSIST IN DETERMINING APPROPRIATE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS. IN SETTING THE TOP MANAGEMENT OFFICIAL'S COMPENSATION, THE EXECUTIVE COMMITTEE RELIES ON RECENT INDEPENDENT COMPENSATION STUDIES THAT PROVIDE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN COMPARABLE ORGANIZATIONS TO SUPPORT ITS DECISION-MAKING PROCESS. THE COMMITTEE FOLLOWS ALL STEPS REQUIRED BY THE INTERNAL REVENUE SERVICE (IRS) TO QUALIFY FOR THE SAFE HARBOR UNDER THE INTERMEDIATE SANCTIONS REGULATIONS. THE COMMITTEE ADEQUATELY DOCUMENTS ITS COMPENSATION DETERMINATIONS AND DELIBERATIONS REGARDING COMPENSATION IN THE MINUTES ON A TIMELY BASIS. THIS PROCESS WAS LAST UNDERTAKEN IN 2010. Public Disclosure Form 990, Part VI, Section C, Line 19 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. HOURS DEVOTED TO RELATED ORGANIZATIONS FORM 990, PART VII PHILLIP KAMBIC, PRESIDENT, AND BILL DOUGLAS, TREASURER, EACH DEVOTE APPROXIMATELY 40HRS A WEEK RIVERSIDE MEDICAL CENTER AND 1HR A WEEK TO EACH OF THE OTHER ENTITIES LISTED IN SCHEDULE R. VARIOUS BOARD MEMBERS ALSO CONTRIBUTE TIME TO RELATED ORGANIZATIONS REPORTED IN SCHEDULE R. Other changes in net assets or fund balances Form 990, Part XI, Line 5 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - 607985; CHANGE IN FAIR VALUE OF DERIVATIVE INSTRUMENTS - -132024; RIVERSIDE HEALTH SYSTEMS 350 N WALL STREET KANKAKEE IL 60901 363167726 PARENT IL 501(C)(3) 11 - Type III - FI NA RIVERSIDE MEDICAL CENTER 350 N WALL STREET KANKAKEE IL 60901 362414944 HOSPITAL IL 501(C)(3) 3 RHS RIVERSIDE SENIOR LIVING CENTER 350 N WALL STREET KANKAKEE IL 60901 363670744 NURSING HOME IL 501(C)(3) 9 RHS RIVERSIDE HEALTHCARE FOUNDATION 350 N WALL STREET KANKAKEE IL 60901 363166033 SUPPORT ORG. IL 501(C)(3) 11 - Type II RHS RIVERSIDE FOUNDATION TRUST 350 N WALL STREET KANKAKEE IL 60901 366209335 SUPPORT ORG. IL 501(C)(3) 11 - Type I RHS false false false false false false false false true false false false true true false false false false