Chesapeake Hospital Corporation
DBA: Rappahannock General Hospital
NOT-FOR-PROFIT ACUTE CARE HOSPITAL
IRS Tax Year 2019
Period ending December 31, 2019
Total Revenue
$13.7M
Total Expenses
$14.8M
Net Assets
$0
Employees
410
Volunteers
110
Program Expense Ratio
79.5%
This nonprofit profile presents IRS Form 990 tax filing data for Chesapeake Hospital Corporation (EIN: 23-7424835), based on the 2019 tax year annual return filed with the Internal Revenue Service.
Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, top independent contractors, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.
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Financial Health
Transparency
Compensation
Program Effectiveness
Financial Stability
Risk Flags
Indicators derived from IRS Form 990 data. Not financial advice.
Chesapeake Hospital Corporation is a 501(c)(3) nonprofit headquartered in Kilmarnock, VA, founded in 1977. In its 2019 filing, the organization reported $13.7M in total revenue, and $14.8M in total expenses. The organization employed 410 people and engaged 110 volunteers. , Interim CEO - Richmond, is the highest-compensated individual at $1,036,347. The organization runs 1 program, totaling $11.7M in program expenses. 4 of 6 recommended governance policies are in place.
Programs(Tax Year 2019)
1 record
Chesapeake Hospital Corporation operates 1 program, with total program expenses of $11.7M. Chesapeake Hospital Corporation's largest program accounts for 100% of total program spending.
Rappahannock General Hospital, which is the only provider of inpatient and outpatient acute care services within a five county area, provides medical care to patients without regard to their ability to pay. Please refer to the Community Benefit information on Schedule H.
Financial Overview(Tax Years 2019–2019)
1 record
Chesapeake Hospital Corporation derives 3% from contributions and grants, with 96% from program services, with 0% from investment income.
Revenue is heavily concentrated: 96% comes from program service revenue, indicating limited diversification.
Chesapeake Hospital Corporation allocates 79% to programs, 21% to management and general.
Chesapeake Hospital Corporation holds $0 in total assets against $0 in liabilities. Cash and equivalents of $0 cover approximately 0.0 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2019 | $13.7M | $430K | $43K | $13.1M | $903 |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2019 | $14.8M | $11.7M | $3.0M | $0 | $0 |
Program Expense Ratio
79.5%
Admin Expense Ratio
20.5%
Fundraising Efficiency
—
Operating Reserve
0.0 mo
People & Compensation(Tax Year 2019)
33 records
Chesapeake Hospital Corporation reported compensation for 33 officers and key employees. Total officer compensation was $6.2M, representing 41.9% of total expenses. 4 individuals received total compensation exceeding $500,000.
Chesapeake Hospital Corporation's highest-compensated individual received $1.0M in total compensation. Total officer compensation of $6.2M represents 41.9% of total expenses. 1 individual received total compensation exceeding $1,000,000.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| Interim CEO - Richmond | OfficerDirector | 6.00 | $0 | $710,569 | $1,036,347 | |
| Former CEO-BSV | Former | — | $0 | $593,293 | $610,093 | |
| CEO - SFMC & CHC | Officer | 25.00 | $0 | $494,801 | $545,149 | |
| Treasurer, CFO - Richmond Market | Officer | 8.00 | $0 | $457,872 | $513,972 | |
| Former CEO - RGH | Former | — | $0 | $449,681 | $477,650 | |
| Former SVP HR - Richmond | Former | — | $0 | $342,880 | $368,509 | |
| Primary Care Physician | Highest Comp | 50.00 | $295,243 | $0 | $336,703 | |
| Primary Care Physician | Highest Comp | 50.00 | $262,856 | $0 | $305,433 | |
| Psychiatrist | Highest Comp | 50.00 | $264,855 | $0 | $299,076 | |
| Internist | Highest Comp | 50.00 | $267,371 | $0 | $291,238 | |
| Physician | Highest Comp | 50.00 | $263,452 | $0 | $289,543 | |
| Secretary | Officer | 2.00 | $0 | $241,551 | $284,375 | |
| President/CEO - Richmond | OfficerDirector | 2.00 | $0 | $246,696 | $281,175 | |
| VP HR - Richmond | Key Employee | 8.00 | $0 | $184,373 | $238,682 | |
| VP, Hospital Administrator | Key Employee | 50.00 | $175,404 | $0 | $192,848 | |
| Former VP Patient Care Services | Former | — | $107,646 | $0 | $113,286 | |
| Board Member | Director | 2.00 | $0 | $0 | $0 | |
| Chairman | OfficerDirector | 2.00 | $0 | $0 | $0 | |
| Board Member | Director | 2.00 | $0 | $0 | $0 | |
| Board Member | Director | 2.00 | $0 | $0 | $0 | |
| President | OfficerDirector | 3.50 | $0 | $0 | $0 | |
| Board Member | Director | 2.00 | $0 | $0 | $0 | |
| Board Member | Director | 2.00 | $0 | $0 | $0 | |
| Board Member | Director | 2.00 | $0 | $0 | $0 | |
| Board Member | Director | 2.00 | $0 | $0 | $0 | |
| Board Member | Director | 2.00 | $0 | $0 | $0 | |
| Board Member | Director | 2.00 | $0 | $0 | $0 | |
| Board Member | Director | 2.00 | $0 | $0 | $0 | |
| Board Member | Director | 2.00 | $0 | $0 | $0 | |
| Board Member | Director | 2.00 | $0 | $0 | $0 | |
| Board Member | Director | 2.00 | $0 | $0 | $0 | |
| Board Member | Director | 2.00 | $0 | $0 | $0 | |
| Board Member | Director | 2.00 | $0 | $0 | $0 |
Compensation Breakdown
Schedule J detail — base, bonus, benefits, and executive perks
Toni Ardabell
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Faraaz Yousuf
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Brian White
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Stephan Quiriconi
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Rhodes Ritenour
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Christopher Accashian
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
James Godwin
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Mark Gordon
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Ann Gumina
Base Salary
$98,795
Bonus
$8,323
Other Reportable
$528
Retirement/Deferred
$5,363
Nontaxable Benefits
$277
Paul Junod
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Lisa Heishman
Base Salary
$165,483
Bonus
$9,302
Other Reportable
$619
Retirement/Deferred
$7,118
Nontaxable Benefits
$10,326
Randall Scott MD
Base Salary
$243,838
Bonus
$19,985
Other Reportable
$1,032
Retirement/Deferred
$13,352
Nontaxable Benefits
$20,869
William Stallings MD
Base Salary
$258,163
Bonus
$33,899
Other Reportable
$3,181
Retirement/Deferred
$13,494
Nontaxable Benefits
$27,966
SALVATORE BAVUSO MD
Base Salary
$188,631
Bonus
$73,699
Other Reportable
$526
Retirement/Deferred
$12,795
Nontaxable Benefits
$29,782
Joseph Bessler MD
Base Salary
$163,923
Bonus
$102,250
Other Reportable
$1,198
Retirement/Deferred
$13,501
Nontaxable Benefits
$10,366
Meredith Good MD
Base Salary
$230,073
Bonus
$23,139
Other Reportable
$10,240
Retirement/Deferred
$5,362
Nontaxable Benefits
$20,729
Top Contractors(Tax Year 2019)
5 records
Chesapeake Hospital Corporation reported 5 contractors receiving over $100,000, with total contractor payments of $2.9M.
| Name | Service | Compensation |
|---|---|---|
| US BANK CORPORATE TRUST (SHIFTWISE) | CONTRACT NURSING | $981,142 |
| VA ANESTHESIA & PERIOPERATIVE | Anesthesia & Perioperative | $733,337 |
| TRIMEDX INC | ASSET MANAGEMENT | $492,331 |
| LOCUM LEADERS INC | EMPLOYMENT SERVICES | $362,539 |
| PURE LINE PLUMBING LLC | PLUMBING | $292,457 |
Governance & Compliance(Tax Year 2019)
Chesapeake Hospital Corporation has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 17 members, 16 of whom are independent.
Chesapeake Hospital Corporation's financial statements are audited, an audit committee oversees the process, the organization is subject to a federal grant audit (Single Audit).
Policies & Oversight
Audit & Financial Oversight
Filing History(Tax Years 1977–2019)
1 record
Showing the 1 Form 990 filing currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2019 | 990 | 2019-09-01 – 2019-12-31 | $13.7M | $14.8M | $0 |
| 1977–2018 | No filings acquired yet | ||||
Frequently Asked Questions
What does Chesapeake Hospital Corporation do?
NOT-FOR-PROFIT ACUTE CARE HOSPITAL
How much revenue does Chesapeake Hospital Corporation have?
Chesapeake Hospital Corporation reported $13,682,871 in total revenue for tax year 2019.
Who is the highest-paid executive at Chesapeake Hospital Corporation?
, Interim CEO - Richmond, received $1,036,347 in total compensation as of tax year 2019.
Is Chesapeake Hospital Corporation a 501(c)(3)?
Yes, Chesapeake Hospital Corporation is classified as a 501(c)(3) tax-exempt organization.
Where is Chesapeake Hospital Corporation located?
Chesapeake Hospital Corporation is headquartered in Kilmarnock, VA 22482.
How many employees does Chesapeake Hospital Corporation have?
Chesapeake Hospital Corporation has 410 employees and 110 volunteers as of tax year 2019.
Is Chesapeake Hospital Corporation audited?
Yes, Chesapeake Hospital Corporation's financial statements are audited, and the organization has an audit committee.
Data Source
Prepared by: PricewaterhouseCoopers LLP, Washington, DC
IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.
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