Riverwood Healthcare Center & Community Hospital Foundation logo

Riverwood Healthcare Center & Community Hospital Foundation

Public charity · Grantmaker Aitkin, MN EIN: 41-1738787 Website

Riverwood foundation exists to raise money for riverwood healthcare center to enhance the quality of care for the community we serve.

Riverwood Healthcare Center & Community Hospital Foundation at a glance

In short: Riverwood Healthcare Center & Community Hospital Foundation gave $1.1M across 1 grant in 2025 (avg $1.1M), mostly in Minnesota. Source: 2025 IRS Form 990.

Annual giving (2025)
$1,135,722
+123.1% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$1,135,722
+123.1% vs 2024
Median grant
$1,135,722
Total assets
$1,252,953
-80.7% vs 2024
Primary geography
Minnesota (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Riverwood Healthcare Center & Community Hospital Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Riverwood Healthcare Center: $1.1MRiverwood Healthcare Center$1.1M

The largest 2025 recipient was Riverwood Healthcare Center ($1.1M).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K2$100–250K1$250–500K1$500K–1M1$1–5M$5M+

The most common grant size was in the $100–250K range: 2 grants of 5 (40%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Aitkin

How Riverwood Healthcare Center & Community Hospital Foundation gives

  • Giving grew 582% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $94K (2020) to $1.1M (2025). In 2025 it made 1 grant totaling $1.1M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Riverwood Healthcare Center Aitkin, MNTo support hospital operations; for purchase of equipment and software$1,135,722
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$1,252,953$363,493$5,606,976$1,135,7221$102,110
2024$6,490,262$477,910$713,376$509,0501$181,080
2023$6,630,854$449,515$601,014$478,1301$191,761
2022$6,771,811$1,367,546$326,391$166,6041$163,037
2021$5,924,710$458,610$319,324$162,7061$159,572
2020$5,737,438$325,174$195,330$94,4301$150,727
2019$5,537,945$348,016$693,302$640,3711$161,965

About Riverwood Healthcare Center & Community Hospital Foundation

Based on IRS filings

Riverwood Healthcare Center & Community Hospital Foundation is a public charity, based in Aitkin, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 1 grant totaling $1.1M. Net investment income was $102K.

Leadership & Key People

Officers and directors from IRS filings

Riverwood Healthcare Center & Community Hospital Foundation is led by Ken Westman, Rhcc CEO on every filing since 2022; none of the 12 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Ken Westman

    Rhcc CEO

    On filings since 2022

    1 hr/week

    No compensation reported

  • Henry Brucker

    Chair

    On filings since 2019

    1 hr/week

    No compensation reported

  • Loren Larson

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mark Meyer

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Melissa Magnuson

    Director & Provider

    On filings since 2019

    1 hr/week

    No compensation reported

  • Tom Kuppich

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Lane Fischer

    Director & Rhcc Employee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Peg Lundberg

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Stephanie Jacobs

    Director & Rhcc Employee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Kathleen Ryan

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Casey Johnson

    Rhcc CFO

    On filings since 2019

    1 hr/week

    No compensation reported

  • Shirley Winegar

    Vice Chair

    On filings since 2019

    1 hr/week

    No compensation reported

Former officers (8)
  • Former: David Hommes (2019–2024) — Treasurer
  • Former: Terry Butenhoff (2019–2023) — Secretary
  • Former: Todd Sandberg (2019–2023) — Rhcc CEO
  • Former: Tom Lundberg (2019–2022) — Director
  • Former: Cynthia Baker (2021–2022) — Rhcc Interim CEO
  • Former: Jan Hegman (2019–2021) — Director & Provider
  • Former: Steve Wilson (2019–2021) — Director
  • Former: Chad Cooper (2019) — Former Rhcc CEO

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Riverwood Healthcare Center & Community Hospital Foundation

How much does Riverwood Healthcare Center & Community Hospital Foundation give each year?

Riverwood Healthcare Center & Community Hospital Foundation gave $1.1M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $509K across 1 grant.

How large is Riverwood Healthcare Center & Community Hospital Foundation?

Riverwood Healthcare Center & Community Hospital Foundation reported $1.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $363K.

Where does Riverwood Healthcare Center & Community Hospital Foundation operate?

Riverwood Healthcare Center & Community Hospital Foundation has awarded grants in Minnesota.

What is Riverwood Healthcare Center & Community Hospital Foundation's EIN?

Riverwood Healthcare Center & Community Hospital Foundation's EIN (Employer Identification Number) is 41-1738787. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS August 13, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS August 12, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS August 12, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS August 15, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS August 5, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS August 4, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS August 14, 2026)
  8. IRS filings on file for fiscal years 2019–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Riverwood Healthcare Center & Community Hospital Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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