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Capital Region Health Ventures Corporation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Health — General and Rehabilitative / Community Health Systems (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$9.49M (2023)

Expenses
$5.6M (2023)

Total Assets
$11M (2023)

Total Liabilities
$270k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,492,143
Expenses
$5,597,051
Net Income
$3,895,092
Net Assets
$10,719,613
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,903,786
51.7%
Investment Income $1,232
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,587,125
48.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,989,706
Total Liabilities $270,093
Net Assets $10,719,613
Compensation
Key Employees and Officers Compensation Related Other
Robert P Steigmeyer (President & Ceo) $0 $1,440,673 $303,393
Sol Asmar (Trustee (End 1/2023)) $0 $0 $0
William Chapman (Trustee) $0 $0 $0
Charles Fanaras (Trustee (Start 1/2023)) $0 $0 $0
Lucy Karl (Trustee (Start 1/2023)) $0 $0 $0
Robert Segal (Trustee) $0 $0 $0
Philip Emma (Chair (End 1/2023)) $0 $0 $0
Manisha Patel (Chair) $0 $0 $0
Scott Sloane (Senior Vp/Cfo & Treasurer) $0 $636,917 $143,367

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,729,199
Expenses
$6,859,360
Net Income
$2,869,839
Net Assets
$11,036,897
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,328,374
54.8%
Investment Income $1,438
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,399,387
45.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,411,464
Total Liabilities $374,567
Net Assets $11,036,897
Compensation
Key Employees and Officers Compensation Related Other
Robert P Steigmeyer (President & Ceo) $0 $1,415,834 $270,620
Sol Asmar (Trustee) $0 $0 $0
Muriel Shadee Cpa (Trustee (End 3/2022)) $0 $0 $0
Robert Segal (Trustee (On 3/2022)) $0 $0 $0
Jeffrey J Zellers Esq (Trustee (End 3/2022)) $0 $0 $0
Philip Emma (Chair) $0 $0 $0
Manisha Patel (Vice Chair) $0 $0 $0
William Chapman (Secretary (On 3/2022)) $0 $0 $0
Scott Sloane (Senior Vp/Cfo & Treasurer) $0 $620,216 $138,222

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,897,231
Expenses
$5,663,568
Net Income
$6,233,663
Net Assets
$12,140,903
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,411,912
37.1%
Investment Income $545
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,484,774
62.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,519,772
Total Liabilities $378,869
Net Assets $12,140,903
Compensation
Key Employees and Officers Compensation Related Other
Robert P Steigmeyer (President & Ceo) $0 $1,208,058 $258,370
Sol Asmar (Trustee) $0 $0 $0
Muriel D Schadee Cpa (Trustee) $0 $0 $0
Jeffrey J Zellers Esq (Trustee) $0 $0 $0
Philip Emma (Chair) $0 $0 $0
Manisha Patel (Vice Chair & Secretary) $0 $0 $0
Scott Sloane (Senior Vp/Cfo & Treasurer) $0 $529,605 $87,526

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,880,329
Expenses
$3,369,271
Net Income
$3,511,058
Net Assets
$3,525,401
Notable Sources of Revenue Percent of Total Revenue
Contributions $19,865
0.3%
Program Services $1,992,294
29.0%
Investment Income $678
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,809
0.0%
Net Inventory Sales $0
Other Revenue $4,864,683
70.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,736,219
Total Liabilities $210,818
Net Assets $3,525,401
Compensation
Key Employees and Officers Compensation Related Other
Robert P Steigmeyer (President & Ceo) $0 $1,149,547 $249,118
Scott Sloane (Senior Vp/Cfo & Treasurer) $0 $498,728 $94,773
D Thomas Akey Md (Chair (End 3/2020)) $0 $146,482 $19,640
Philip Emma (Trustee) $0 $0 $0
Jeffrey J Zellers Esq (Trustee) $0 $0 $0
Sol Asmar (Chair) $0 $0 $0
Muriel D Schadee Cpa (Vice Chair And Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,237,851
Expenses
$3,856,634
Net Income
$6,381,217
Net Assets
$2,484,175
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,890,918
28.2%
Investment Income $1,762
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,345,171
71.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,614,627
Total Liabilities $130,452
Net Assets $2,484,175
Compensation
Key Employees and Officers Compensation Related Other
Philip Boulter Md (Trustee (End 1/19)) $0 $0 $0
Muriel D Schadee Cpa (Trustee) $0 $0 $0
Jeffrey J Zellers Esq (Trustee) $0 $0 $0
David Ruedig (Chair (End 1/19)) $0 $0 $0
D Thomas Akey Md (Chair) $0 $277,348 $93,993
Sol Asmar (Vice Chair & Secretary) $0 $0 $0
Robert P Steigmeyer (President & Ceo) $0 $1,023,633 $228,446
Scott Sloane (Senior Vp/Cfo & Treasurer) $0 $389,135 $91,264

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,269,851
Expenses
$972,067
Net Income
$5,297,784
Net Assets
$3,278,958
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $724,228
11.6%
Investment Income $6,875
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,538,748
88.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,419,091
Total Liabilities $140,133
Net Assets $3,278,958
Compensation
Key Employees and Officers Compensation Related Other
Sol Asmar (Trustee) $0 $0 $0
Philip Boulter Md (Trustee) $0 $0 $0
Muriel D Schadee Cpa (Trustee) $0 $0 $0
Jeffrey J Zellers Esq (Trustee) $0 $0 $0
David Ruedig (Chair) $0 $0 $0
D Thomas Akey Md (Vice Chair/Secretary) $0 $201,214 $84,860
Robert P Steigmeyer (President & Ceo) $0 $924,848 $215,500
Scott Sloane (Senior Vp/Cfo & Treasurer) $0 $322,039 $81,528

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,144,082
Expenses
$570,997
Net Income
$5,573,085
Net Assets
$2,182,461
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $308,900
5.0%
Investment Income $23,655
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,811,527
94.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,187,387
Total Liabilities $4,926
Net Assets $2,182,461
Compensation
Key Employees and Officers Compensation Related Other
Jeffrey J Zellers Esq (Trustee) $0 $0 $0
Muriel D Schadee Cpa (Trustee) $0 $0 $0
Philip Boulter Md (Trustee) $0 $0 $0
Sol Asmar (Trustee) $0 $0 $0
David Ruedig (Chair) $0 $0 $0
D Thomas Akey Md (Vice Chair/Secretary) $0 $284,780 $70,839
Robert P Steigmeyer (President & Ceo) $0 $838,660 $180,041
Bruce R Burns (Treasurer (End 11/16)) $0 $416,138 $53,016
Scott Sloane (Senior Vp/Cfo & Treasurer) $0 $279,637 $61,260

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,825,284
Expenses
$996,312
Net Income
$5,828,972
Net Assets
$3,115,375
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $615,551
9.0%
Investment Income $1
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,209,732
91.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,119,624
Total Liabilities $4,249
Net Assets $3,115,375
Compensation
Key Employees and Officers Compensation Related Other
Jeffrey J Zellers Esq (Trustee) $0 $0 $0
Muriel D Schadee Cpa (Trustee) $0 $0 $0
Philip Boulter Md (Trustee) $0 $0 $0
David Ruedig (Chair) $0 $0 $0
D Thomas Akey Md (Vice Chair/Secretary) $0 $299,181 $68,396
Robert P Steigmeyer (President & Ceo) $0 $805,372 $151,032
Bruce R Burns (Treasurer) $0 $476,061 $61,982

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,960,304
Expenses
$1,588,006
Net Income
$6,372,298
Net Assets
$3,872,863
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,100,513
13.8%
Investment Income $1
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,859,790
86.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,878,803
Total Liabilities $5,940
Net Assets $3,872,863
Compensation
Key Employees and Officers Compensation Related Other
Jeffrey J Zellers Esq (Trustee) $0 $0 $0
Muriel D Schadee Cpa (Trustee) $0 $0 $0
Philip Boulter Md (Trustee) $0 $0 $0
David Ruedig (Chair) $0 $0 $0
D Thomas Akey Md (Vice Chair/Secretary) $0 $297,163 $67,867
Robert P Steigmeyer (President & Ceo) $0 $706,718 $114,286
Bruce R Burns (Treasurer) $0 $471,940 $61,447

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,484,171
Expenses
$1,728,927
Net Income
$5,755,244
Net Assets
$3,604,168
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,291,937
17.3%
Investment Income $1
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,192,233
82.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,612,584
Total Liabilities $8,416
Net Assets $3,604,168
Compensation
Key Employees and Officers Compensation Related Other
Jeffrey J Zellers Esq (Trustee) $0 $0 $0
Muriel D Schadee Cpa (Trustee) $0 $0 $0
Jill Blackmer Esq (Trustee (Thru Mar. '14)) $0 $0 $0
David Ruedig (Chair) $0 $0 $0
D Thomas Akey Md (Vice Chair/Secretary) $0 $300,512 $64,177
Robert P Steigmeyer (President & Ceo (Eff. Jan '14)) $0 $0 $0
Michael B Green (President & Ceo (Ret. Dec '13)) $0 $1,391,778 $85,479
Bruce R Burns (Treasurer) $0 $446,841 $81,501

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,540,496
Expenses
$1,981,845
Net Income
$5,558,651
Net Assets
$4,208,189
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,611,981
21.4%
Investment Income $4
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,928,511
78.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,218,455
Total Liabilities $10,266
Net Assets $4,208,189

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,558,451
Expenses
$1,885,899
Net Income
$5,672,552
Net Assets
$4,899,459
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,550,745
20.5%
Investment Income $3
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,007,703
79.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,909,108
Total Liabilities $9,649
Net Assets $4,899,459

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,220,902
Expenses
$1,806,483
Net Income
$6,414,419
Net Assets
$5,840,471
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,591,469
19.4%
Investment Income $10
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,629,423
80.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,854,162
Total Liabilities $13,691
Net Assets $5,840,471

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Types of Nonprofits

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