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Filing year 2023

AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER

Aitkin, Minnesota·EIN 41-0745522·NTEE E220 · Health Care·501(c)(3)
Total revenue
$104.6M
Total assets
$172.3M
Total expenses
$106.9M
Reported officers
21
Mission

TO IMPROVE HEALTH BY PROVIDING HIGH QUALITY, COMPASSIONATE AND PERSONALIZED CARE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in Minnesota.

CMO
Key Employee
75th to 90th percentile
$663k
$733k
Base
$613k
Bonus
Other
$45
Benefits
$37k
CEO
75th to 90th percentile
$484k
$535k
Base
$431k
Bonus
Other
$45
Benefits
$40k
Director/physician
Board Member
75th to 90th percentile
$481k
$531k
Base
$425k
Bonus
Other
$45
Benefits
$43k
Er Physican
Highest Compensated Employee
75th to 90th percentile
$470k
$519k
Base
$420k
Bonus
Other
$45
Benefits
$36k
Er Physican
Highest Compensated Employee
75th to 90th percentile
$462k
$510k
Base
$403k
Bonus
Other
$45
Benefits
$46k
CRNA
Highest Compensated Employee
Median to 75th percentile
$425k
$470k
Base
$381k
Bonus
Other
$45
Benefits
$36k
Provider
Highest Compensated Employee
Median to 75th percentile
$409k
$452k
Base
$356k
Bonus
$2k
Other
$45
Benefits
$38k
Provider
Highest Compensated Employee
Median to 75th percentile
$403k
$445k
Base
$335k
Bonus
$10k
Other
$45
Benefits
$45k
COO
75th to 90th percentile
$276k
$305k
Base
$229k
Bonus
Other
$45
Benefits
$37k
CFO
75th to 90th percentile
$261k
$289k
Base
$217k
Bonus
Other
$45
Benefits
$36k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER equaled 0.6% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.6%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 7%
from 2022

From $619k in 2022 to $663k in 2023.

$619k
2022
$663k
2023
In today's dollarsEst.
Up 3% in real terms$710k to $733k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay rose 7% from 2022 to 2023, while revenue rose 9%.

$619k in 2022 to $663k in 2023.
  • Chief Executive Officer pay rose 10% from 2022 to 2023.
  • Board Member pay rose 5% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER

What does the Key Employee of AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER earn?

In 2023, the Key Employee of AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER received $663,309 in total compensation. This pay is in the top quarter for Key Employee roles among Health Care organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER compare with similar nonprofits?

Compared with the same role at Health Care organizations in Minnesota, the 2023 pay of the Key Employee at AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER falls between the 75th and 90th percentiles. In 2023, the highest total compensation at AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER equaled 0.6% of the organization's total expenses. The median for health care organizations is 4%.

What are AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER's revenue and expenses?

In 2023, AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER reported $104.6M in total revenue and $106.9M in total expenses on its IRS Form 990.

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