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Aitkin Community Hospital dba Riverwood Healthcare Center

Ken Westman, CEO. Fiscal year ending 2025-09.

$606,317

CEO total compensation
Form 990 Part VII, columns D+E+F

1.06%

of expenses spent on charity care
Schedule H Part I line 7a

46.3%

CEO pay as a share of all charity care

Ken Westman’s pay of $606,317 equals 46.3 percent of the $1,310,733 the system spent on charity care in the same year.

§1The filing

Total revenue: $120,928,291
Total expenses: $123,287,714
Net assets: $63,392,511
Employees: 600
Hospitals covered: 1 facilities across 1 filing
Charity care, net: $1,310,733
Bad debt: $1,337,092
Medicare surplus (shortfall), as filed
CEO pay from the organization (Part VII col. D): $552,849
From related organizations (col. E): $0
Other compensation, including deferred pay and nontaxable benefits (col. F): $53,468
CEO total compensation (D+E+F): $606,317 to Ken Westman

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Aitkin Community Hospital dba Riverwood Healthcare Center, EIN 41-0745522, fiscal year ending 2025-09, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$5.4M Of which charity care to patients who could not pay (line 7a)$1.3M (24%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($1.3M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Aitkin Community Hospital dba Riverwood Healthcare Center: CEO pay $606,317, charity care 1.06% of expenses

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Aitkin Community Hospital dba Riverwood Healthcare Center reported $606,317 in compensation for chief executive Ken Westman in the fiscal year ending 2025-09. It spent 1.06% of expenses on charity care, $1,310,733. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/aitkin-community-hospital-dba-riverwood-healthcare-center-41-0745522.html