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Richmond Medical Center Foundation Inc

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: Medical Research / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$4.1M (2023)

Expenses
$2.6M (2023)

Total Assets
$9.11M (2023)

Total Liabilities
$773k (2023)

Source: Form 990 tax filings from 2013 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 Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,101,766
Expenses
$2,596,564
Net Income
$1,505,202
Net Assets
$8,338,424
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,089,194
99.7%
Program Services $0
Investment Income $9,772
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,111,817
Total Liabilities $773,393
Net Assets $8,338,424
Compensation
Key Employees and Officers Compensation Related Other
Daniel J Messina Phd Mpa (Director Pres/Ceo) $0 $1,509,638 $235,757
David Murray Mba Fhfma (Director Svp, Cfo) $0 $689,994 $151,126
Phillip Otterbeck Md (Director) $0 $556,325 $42,361
Joseph G Burt (Vp Development) $0 $272,278 $46,707
Robert Urs (Chair Director) $0 $0 $0
Joseph Torres (Vice Chair Director) $0 $0 $0
Marcello Sclarrino (Secretary Director) $0 $0 $0
Jay Chazanoff (Treasurer Director) $0 $0 $0
Allison Cohen (Director) $0 $0 $0
Richard Corash Esq (Director) $0 $0 $0
Robert Cutrona (Director) $0 $0 $0
William D'angelo (Director) $0 $0 $0
Dom Famulari (Director) $0 $0 $0
Lina Fang (Director) $0 $0 $0
Joseph Ferrara (Director) $0 $0 $0
William Ferri (Director) $0 $0 $0
Brian Gomez (Director) $0 $0 $0
Robin Lefkowitz (Director) $0 $0 $0
Orit Lender (Director) $0 $0 $0
Anthony Libecci (Director) $0 $0 $0
Sally Malfi (Director) $0 $0 $0
Timothy Mannix (Director) $0 $0 $0
Michal Menicucci (Director) $0 $0 $0
Mike Montalbano (Director) $0 $0 $0
Frank Oswald (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,057,648
Expenses
$1,696,600
Net Income
$3,361,048
Net Assets
$7,403,084
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,057,329
100.0%
Program Services $0
Investment Income $888
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$569
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,782,699
Total Liabilities $379,615
Net Assets $7,403,084
Compensation
Key Employees and Officers Compensation Related Other
Daniel J Messina Phd Mpa Fache (Director) $0 $1,125,470 $221,121
David Murray Mba Fhfma (Svp, Cfo) $0 $498,897 $92,831
Phillip Otterbeck Md (Director) $0 $436,627 $38,648
Laura Gajda Cfre Fahp Mba (Vp Development (Termed 06/22)) $0 $210,660 $57,820
Joseph G Burt (Vp Development (Eff 07/22)) $0 $97,909 $3,475
Robert Urs (Chair Director) $0 $0 $0
Joseph Torres (Vice Chair Director) $0 $0 $0
Marcello Sclarrino (Secretary Director) $0 $0 $0
Jay Chazanoff (Treasurer Director) $0 $0 $0
Allison Cohen (Director) $0 $0 $0
Richard Corash Esq (Director) $0 $0 $0
Robert Cutrona (Director) $0 $0 $0
William D'angelo (Director) $0 $0 $0
Dom Famulari (Director) $0 $0 $0
Lina Fang (Director) $0 $0 $0
Joseph Ferrara (Director) $0 $0 $0
William Ferri (Director) $0 $0 $0
Brian Gomez (Director) $0 $0 $0
Robin Lefkowitz (Director) $0 $0 $0
Orit Lender (Director) $0 $0 $0
Anthony Libecci (Director) $0 $0 $0
Sally Malfi (Director) $0 $0 $0
Timothy Mannix (Director) $0 $0 $0
Michal Menicucci (Director) $0 $0 $0
Mike Montalbano (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,240,955
Expenses
$1,692,534
Net Income
$3,548,421
Net Assets
$4,796,372
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,240,439
100.0%
Program Services $0
Investment Income $516
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,799,422
Total Liabilities $3,050
Net Assets $4,796,372
Compensation
Key Employees and Officers Compensation Related Other
Daniel J Messina Phd Mpa (Director) $0 $2,408,804 $203,937
Phillip Otterbeck Md (Director) $0 $552,507 $44,901
David Murray Mba Fhfma (Director Svp, Cfo) $0 $443,151 $72,483
Laura Gajda Cfre Fahp Mba (Vp Development) $0 $213,964 $45,754
Robert Urs (Chair Director) $0 $0 $0
Joseph Torres (Vice Chair Director) $0 $0 $0
Marcello Sclarrino (Secretary Director) $0 $0 $0
Jay Chazanoff (Treasurer Director) $0 $0 $0
Allison Cohen (Director) $0 $0 $0
Richard Corash Esq (Director) $0 $0 $0
Robert Cutrona (Director) $0 $0 $0
William D'angelo (Director) $0 $0 $0
Dom Famulari (Director) $0 $0 $0
Lina Fang (Director) $0 $0 $0
Joseph Ferrara (Director) $0 $0 $0
William Ferri (Director) $0 $0 $0
Brian Gomez (Director) $0 $0 $0
Jhong Unk Kim (Director) $0 $0 $0
Robin Lefkowitz (Director) $0 $0 $0
Orit Lender (Director) $0 $0 $0
Anthony Libecci (Director) $0 $0 $0
Sally Malfi (Director) $0 $0 $0
Michal Menicucci (Director) $0 $0 $0
Mike Montalbano (Director) $0 $0 $0
Frank Oswald (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,260,576
Expenses
$2,147,079
Net Income
-$886,503
Net Assets
$1,882,913
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,326,402
> 100%
Program Services $0
Investment Income $1,421
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$66,906
Sales of Assets -$364
Net Inventory Sales $0
Other Revenue $23
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $162,488
7.6%
Assets/Debt
Total Assets $2,443,021
Total Liabilities $560,108
Net Assets $1,882,913
Compensation
Key Employees and Officers Compensation Related Other
Robert Urs (Chairman) $0 $0 $0
Joseph Torres (Vice Chairman) $0 $0 $0
Lucille Chazanoff (Treasurer) $0 $0 $0
Daniel J Messina Phd (President & Ceo) $0 $878,830 $202,089
John C Santora (Trustee) $0 $0 $0
Richard S Sansaricq (Trustee) $0 $0 $0
Robin Lefkowitz (Trustee) $0 $0 $0
Philip Otterbeck Md (Trustee/Physician) $0 $582,068 $50,075
Dianne Powers (Trustee) $0 $0 $0
Brian Gomez (Trustee) $0 $0 $0
Robert Cutrona (Trustee) $0 $0 $0
Joseph Ferrara (Trustee) $0 $0 $0
William Ferri (Trustee) $0 $0 $0
Marcello Sciarrino (Trustee) $0 $0 $0
Lina Fang (Trustee) $0 $0 $0
Jhong Uhk Kim (Trustee) $0 $0 $0
Joseph Saporito (Trustee/Cfo (Until 12/20)) $0 $396,379 $86,460
Richard Corash (Trustee) $0 $0 $0
Anthony Libecci (Trustee) $0 $0 $0
William D'angelo (Trustee) $0 $0 $0
Allison Cohen (Trustee) $0 $0 $0
Laura Gajda (Executive Director) $0 $189,281 $47,864

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,407,945
Expenses
$2,325,632
Net Income
$82,313
Net Assets
$2,769,416
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,536,887
> 100%
Program Services $0
Investment Income $2,567
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$133,097
Sales of Assets -$66
Net Inventory Sales $0
Other Revenue $1,654
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $5,000
0.2%
Other Salaries and Wages $157,993
6.8%
Assets/Debt
Total Assets $3,160,424
Total Liabilities $391,008
Net Assets $2,769,416
Compensation
Key Employees and Officers Compensation Related Other
Robert Urs (Chairman) $0 $0 $0
Joseph Torres (Vice Chairman) $0 $0 $0
Lucille Chazanoff (Treasurer) $0 $0 $0
Daniel J Messina Phd (President & Ceo) $0 $1,019,354 $50,304
Thomas A Sipp Esq (Chairman (Until 11/2019)) $0 $0 $0
John C Santora (Trustee) $0 $0 $0
Richard S Sansaricq (Trustee) $0 $0 $0
Robin Lefkowitz (Trustee) $0 $0 $0
Philip Otterbeck Md (Trustee/Physician) $0 $625,789 $42,410
Pankaj R Patel Md (Trustee/Chair Of Psychiatry) $0 $33,450 $0
Dianne Powers (Trustee) $0 $0 $0
Brian Gomez (Trustee) $0 $0 $0
Robert Cutrona (Trustee) $0 $0 $0
Joseph Ferrara (Trustee) $0 $0 $0
William Ferri (Trustee) $0 $0 $0
Marcello Sciarrino (Trustee) $0 $0 $0
Lina Fang (Trustee) $0 $0 $0
Jhong Uhk Kim (Trustee) $0 $0 $0
Joseph Saporito (Trustee/Cfo) $0 $473,442 $76,115
Richard Corash (Trustee) $0 $0 $0
Anthony Libecci (Trustee) $0 $0 $0
William D'angelo (Trustee) $0 $0 $0
Allison Cohen (Trustee) $0 $0 $0
Laura Gajda (Executive Director) $0 $185,802 $41,177

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,254,043
Expenses
$2,392,557
Net Income
-$1,138,514
Net Assets
$2,687,103
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,372,489
> 100%
Program Services $0
Investment Income $3,749
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$122,204
Sales of Assets $9
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $206,809
8.6%
Assets/Debt
Total Assets $2,987,235
Total Liabilities $300,132
Net Assets $2,687,103
Compensation
Key Employees and Officers Compensation Related Other
Laura Gajda (Executive Director) $210,043 $0 $40,830
Thomas A Sipp Esq (Chairman) $0 $0 $0
Lucille Chazanoff (Treasurer) $0 $0 $0
Daniel J Messina Phd (President & Ceo) $0 $834,610 $185,855
John C Santora (Director) $0 $0 $0
Richard S Sansaricq (Director) $0 $0 $0
Robin Lefkowitz (Director) $0 $0 $0
Philip Otterbeck Md (Director/Physician) $0 $519,999 $20,325
Joseph Torres (Director) $0 $0 $0
Pankaj R Patel Md (Director) $0 $81,150 $0
Dianne Powers (Director) $0 $0 $0
William Ferri (Director) $0 $0 $0
Brian Gomez (Director) $0 $0 $0
Robert Cutrona (Director) $0 $0 $0
Joseph Ferrara (Director) $0 $0 $0
Marcello Sciarrino (Director) $0 $0 $0
Lina Fang (Director) $0 $0 $0
Jhong Uhk Kim (Director) $0 $0 $0
Robert Urs (Director) $0 $0 $0
Joseph Saporito (Director) $0 $528,066 $73,907

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,602,842
Expenses
$3,031,188
Net Income
-$1,428,346
Net Assets
$3,825,617
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,542,179
96.2%
Program Services $0
Investment Income $5,700
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $54,963
3.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $36,381
1.2%
Other Salaries and Wages $248,538
8.2%
Assets/Debt
Total Assets $3,929,906
Total Liabilities $104,289
Net Assets $3,825,617
Compensation
Key Employees and Officers Compensation Related Other
Thomas A Sipp Esq (Chairman) $0 $0 $0
Lucille Chazanoff (Treasurer) $0 $0 $0
Daniel J Messina Phd (President & Ceo) $0 $1,175,956 $181,341
John C Santora (Director) $0 $0 $0
Richard S Sansaricq (Director) $0 $0 $0
Robin Lefkowitz (Director) $0 $0 $0
Philip Otterbeck Md (Director/Physician) $0 $637,745 $19,975
Joseph Torres (Director) $0 $0 $0
Pankaj R Patel Md (Director) $0 $156,544 $0
Dianne Powers (Director) $0 $0 $0
William Ferri (Director) $0 $0 $0
Brian Gomez (Director) $0 $0 $0
Marcello Sciarrino (Director) $0 $0 $0
Lina Fang (Director) $0 $0 $0
Jhong Uhk Kim (Director) $0 $0 $0
Robert Urs (Director) $0 $0 $0
Joseph Saporito (Director) $0 $570,043 $73,458
Colleen Kelleher Sorrentino (Director (Until 6/17)) $0 $0 $0
Teresa Lemma Md (Director (Until 10/17)) $0 $0 $0
Frances Valenzo (Director (Until 10/17)) $0 $0 $0
Laura Gajda (Executive Director) $0 $206,619 $40,658

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,043,985
Expenses
$443,472
Net Income
$2,600,513
Net Assets
$5,253,963
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,942,238
96.7%
Program Services $0
Investment Income $4,350
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $97,397
3.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $45,000
10.1%
Other Salaries and Wages $193,368
43.6%
Assets/Debt
Total Assets $5,253,963
Total Liabilities $0
Net Assets $5,253,963
Compensation
Key Employees and Officers Compensation Related Other
Thomas A Sipp Esq (Chairman) $0 $0 $0
Lucille Chazanoff (Treasurer) $0 $0 $0
Michael T Mantello Md (Secretary (Term July 2016)) $0 $0 $0
Daniel J Messina Phd (President & Ceo) $0 $998,246 $176,942
John C Santora (Director) $0 $0 $0
Richard S Sansaricq (Director) $0 $0 $0
Colleen Kelleher Sorrentino (Director) $0 $0 $0
Robin Lefkowitz (Director) $0 $0 $0
Teresa Lemma Md (Director) $0 $0 $0
Philip Otterbeck Md (Director/Physician) $0 $688,116 $19,625
Joseph Torres (Director) $0 $0 $0
Pankaj Patel Md (Director) $0 $410,415 $42,099
Dianne Powers (Director) $0 $0 $0
William Ferri (Director) $0 $0 $0
Brian Gomez (Director) $0 $0 $0
Frances Valenzo (Director) $0 $0 $0
Marcello Sciarrino (Director) $0 $0 $0
Lina Fang (Director) $0 $0 $0
Jhong Uhk Kim (Director) $0 $0 $0
Robert Urs (Director) $0 $0 $0
Joseph Saporito (Director) $0 $480,696 $72,009
Laura Gajda (Executive Director) $0 $189,349 $44,208

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,779,250
Expenses
$1,596,715
Net Income
$2,182,535
Net Assets
$2,653,450
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,772,951
99.8%
Program Services $0
Investment Income $2,146
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $4,153
0.1%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $92,545
5.8%
Assets/Debt
Total Assets $2,653,450
Total Liabilities $0
Net Assets $2,653,450
Compensation
Key Employees and Officers Compensation Related Other
Thomas A Sipp Esq (Chairman) $0 $0 $0
Lucille Chazanoff (Treasurer) $0 $0 $0
Michael T Mantello Md (Secretary) $0 $0 $0
Daniel J Messina Phd (President & Ceo) $0 $843,474 $158,487
John C Santora (Director) $0 $0 $0
Richard S Sansaricq (Director) $0 $0 $0
Colleen Kelleher Sorrentino (Director) $0 $0 $0
Robin Lefkowitz (Director) $0 $0 $0
Teresa Lemma Md (Director) $0 $0 $0
Philip Otterbeck Md (Director/Physician) $0 $539,683 $19,625
Joseph Torres (Director) $0 $0 $0
Pankaj Patel Md (Director) $0 $410,983 $41,070
Dianne Powers (Director) $0 $0 $0
William Ferri (Director) $0 $0 $0
Brian Gomez (Director) $0 $0 $0
Laura Gajda (Executive Director (Begin 10/5/15)) $0 $40,384 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$594,351
Expenses
$123,436
Net Income
$470,915
Net Assets
$470,915
Notable Sources of Revenue Percent of Total Revenue
Contributions $594,351
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $470,915
Total Liabilities $0
Net Assets $470,915
Compensation
Key Employees and Officers Compensation Related Other
Thomas A Sipp (Chairman) $0 $0 $0
James L Kelley (Vice President) $0 $0 $0
Lucille Chazanoff (Treasurer) $0 $0 $0
Michael T Mantello Md (Secretary) $0 $0 $0
John C Santora (Director) $0 $0 $0
Richard S Sansaricq (Director) $0 $0 $0
Colleen Kelleher Sorrentino (Director) $0 $0 $0
Robin Lefkowitz (Director) $0 $0 $0
Teresa Lemma Md (Director) $0 $0 $0
Philip Otterbeck Md (Director) $0 $0 $0
Joseph Torres (Director) $0 $0 $0
Daniel J Messina Phd (Director) $0 $0 $0
Pankaj Patel Md (Director) $0 $0 $0
Dianne Powers (Director) $0 $0 $0
Stefanie Racano (Foundation Mgr.) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$0
Expenses
$0
Net Income
$0
Net Assets
$1
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $1
Total Liabilities $0
Net Assets $1

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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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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