RIVERWOODS COMPANY AT EXETER NEW HAMPSHIRE
5 WHITE OAK DRIVE, EXETER, NH 03833 www.riverwoodsrc.org

Total Revenue
$44,240,411
Total Expenses
$44,274,985
Net Assets
$-71,244,753

Organizations Filed Purposes: TO ESTABLISH, OWN, AND MAINTAIN CHARITABLE CONTINUING CARE RETIREMENT COMMUNITIES WHICH PROVIDE HOUSING, HEALTH CARE SERVICES, FOOD SERVICES, SECURITY, AND OTHER ANCILLARY SERVICES TO ELDERLY PERSONS.

TO ESTABLISH, OWN, AND MAINTAIN CHARITABLE CONTINUING CARE RETIREMENT COMMUNITIES FOR THE ELDERLY

THE RIVERWOODS COMPANY AT EXETER NEW HAMPHSHIRE (RWE) HAS ONE PRIMARY PROGRAM SERVICE, TO ESTABLISH, OWN AND MAINTAIN A CONTINUING CARE RETIREMENT COMMUNITY WHICH PROVIDES HOUSING, HEALTH CARE SERVICES, FOOD SERVICES, SECURITY AND OTHER ANCILLARY SERVICES TO ELDERLY PERSONS. ON JUNE 30, 2020 THE COMMUNITY HOUSED APPROXIMATELY 473 RESIDENTS IN INDEPENDENT APARTMENTS AND 113 RESIDENTS IN THE HEALTH CARE CENTERS. OVER THE COURSE OF THE YEAR THE HEALTH CARE CENTERS SERVED APPROXIMATELY 190 RESIDENTS ON A PERMANENT, TEMPORARY, OR PER DIEM BASIS AT A SUBSTANTIALLY DISCOUNTED RATE. THE "CONTRACTUAL ALLOWANCE" (I.E. WRITE-OFF) RELATED TO CARE PROVIDED FOR LIFECARE RESIDENTS WAS IN EXCESS OF $14,200,000 FOR THE FISCAL YEAR ENDED JUNE 30, 2020 (FY20). CONTINUED ON SCHEDULE O. THIS IS AN AVERAGE DISCOUNT OF 74% VERSUS THE STANDARD MONTHLY PRIVATE PAY RATE IN AREA NURSING HOMES AND ASSISTED LIVING FACILITIES. RWE ALSO PROVIDED BENEVOLENCE ASSISTANCE FOR ITS RESIDENTS WHO, THROUGH NO FAULT OF THEIR OWN, HAVE EXHAUSTED THEIR FINANCIAL RESOURCES. FOR FY20, RWE PROVIDED FINANCIAL ASSISTANCE TO A TOTAL OF FOUR RESIDENTS IN THE AMOUNT OF $243,882.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Deb RiddellEXECUTIVE DIRECTOR/EX-OFFICIO40$224,236
Mary RulisonSALES COUNSELOR40$150,013
Kathryn BolducDIRECTOR OF HEALTH SERVICES40$147,324
Mary FlanaganNURSE PRACTITIONER40$142,019
Diane SmithSALES COUNSELOR40$141,348
Cynthia MartinVP OF QUALITY3$48,426
Kevin GoyetteTRWG CFO3$0
Jack DunnRESIDENT TRUSTEE - LEFT JUL 20191$0
Cathy TrowerCHAIR1$0
Dave BrownellVICE CHAIR1$0
Denise BurkeTREASURER1$0
Tammy MichaudCLERK1$0
Justine VogelRWE EX-OFFICIO/TRWG CEO3$0
Howie UlfelderRESIDENT TRUSTEE1$0
Bill StaffordRESIDENT TRUSTEE1$0
Sarah DonnellyRESIDENT TRUSTEE1$0
Mike HickeyTRUSTEE1$0
Susan DesjardinsTRUSTEE1$0
Dan ChartrandTRUSTEE1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202043169349305604_public.xml