Minnesota · Nonprofit
AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER
AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER (Minnesota) receives grants from 4 organizations whose IRS filings report $447,542 to it, the largest being THE LEONA M AND HARRY B HELMSLEY CHARITABLE TRUST ($233,092). 2 of them have funded it in more than one year.
- Revenue FY2025
- $121M
- Funders on record
- 4
- Grants received
- $448k
- Net assets
- $63M
What Aitkin Community Hospital Dba Riverwood Healthcare Center does
Mission
To improve health by providing high quality, compassionate and personalized care.
As stated on its FY2025 Form 990.
Program
Riverwood healthcare center's mission is to improve health by providing high-quality, compassionate, and personalized care. Coupled with its vision of being the region's preferred health system providing exceptional care, and its values of integrity, compassion, adaptability, respect, and excellence with joy, riverwood healthcare center is dedicated to addressing its outreach objectives by serving the entire community, not only those who come through its doors. Building on a long tradition of providing high-quality, compassionate, and personalized care, riverwood is committed to caring for those within the healthcare system and working with community partners to strengthen the communities it serves. Continued on schedule o.this strategy allows riverwood healthcare center to better understand and reach the most vulnerable sectors of the community while meeting pressing healthcare needs. The goal is to improve the community's health status by empowering citizens to make healthy life choices.riverwood connects is a community health initiative that provides a central platform for resources addressing social influencers of health, such as food insecurity, housing, and transportation.…
$98,783,915 spentof which $96,748 as grants$113,588,656 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $98,783,915.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $133M to $172M (+29%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 1% · 2018 0% · 2019 0% · 2020 1% · 2021 13% · 2022 0% · 2023 1% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.
4% of AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Ken Westman
CEO
Board chair
Kathleen Ryan
Chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2017 and FY2018 filings.
Who funds it, year by year
2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income rose $29k → $233k.
Left out of every figure on this page: $3.6M from one payer (the payer shares this organization's board, largest Riverwood Healthcare Center & Community Hospital Foundation). These are real filings, and they are not money AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER raised.
From the IRS filings of AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER leans on a few funders — its largest provides 52% of grant income and the top three 97%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
48% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER.
Largest funder’s share by year: 2017 81% · 2018 95% · 2019 100% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER draws 52% of its grant income from funders outside Minnesota, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER has grown faster than half of the 1,241 health nonprofits its size.
this organization peer median middle 50% of peers· 1,241 health nonprofits over $100M, FY2025
Organizations like AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
80% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- Riverwood Health Care Center Foundation · exempt
- Riverwood Medical Properties LLC · exempt
Screen this organization
A dated, signed PDF of the compliance screen for AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER?
- AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER (Minnesota) receives grants from 4 organizations whose IRS filings report $447,542 to it, the largest being THE LEONA M AND HARRY B HELMSLEY CHARITABLE TRUST ($233,092). 2 of them have funded it in more than one year.
- How many funders does AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER have?
- IRS filings report 4 organizations giving $447,542 in grants to AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER, 2 of which have funded it in more than one year.
- Who is the largest funder of AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER?
- THE LEONA M AND HARRY B HELMSLEY CHARITABLE TRUST is the largest funder on record, with $233,092 in grants. The full list of funders is on this page.
- How can an organization like AITKIN COMMUNITY HOSPITAL DBA RIVERWOOD HEALTHCARE CENTER find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing