Rehab Jv Llc is located in Richmond, VA. The organization was established in 2017. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 09/2023, Rehab Jv Llc employed 819 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rehab Jv Llc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Rehab Jv Llc generated $81.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 68.2% each year . All expenses for the organization totaled $83.9m during the year ending 09/2023. While expenses have increased by 48.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SHELTERING ARMS INSTITUTE (SAI) WAS CREATED AS A COLLABORATION BY SHELTERING ARMS HOSPITAL AND VCU HEALTH TO REINVENT REHABILITATION FOR LIFE BEYOND LIMITS.AS A NATIONAL LEADER IN REHABILITATION MEDICINE, SAI DELIVERS PERSONALIZED CARE IN AN ENVIRONMENT THAT SUPPORTS RECOVERY AND RESTORES POSSIBILITY THROUGH THE INTEGRATION OF COLLABORATIVE SCIENCE AND RESEARCH, INTER-PROFESSIONAL EDUCATION, COMMUNITY ENGAGEMENT, AND STEWARDSHIP. ACROSS THE DISCIPLINES, THERE IS A CONSISTENT AND INTENTIONAL ORGANIZATIONAL CULTURE FOCUSED ON PROPELLING PATIENT OUTCOMES AND TRANSFORMING THE COURSE OF REHABILITATION MEDICINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN JUNE 2020, SAI OPENED A 114-BED REHABILITATION HOSPITAL IN RICHMOND, VIRGINIA. THE HOSPITAL AND ITS CLINICIANS PROVIDE EXCEPTIONAL CARE IN ONE PLACE FOR INDIVIDUALS WHO HAVE SURVIVED STROKES, SPINAL CORD INJURIES, BRAIN INJURIES, AS WELL AS THOSE IN NEED OF GENERAL REHABILITATION FOR A VARIETY OF ILLNESSES AND INJURIES. AT THE HOSPITAL, PATIENTS HAVE ACCESS TO ADVANCED THERAPEUTIC TECHNOLOGIES IN A 9,251 SQUARE FOOT MAIN GYM, AS WELL AS OTHER SATELLITE GYMS. DURING FISCAL YEAR 2022-2023, THE HOSPITAL SERVED 2,362 PATIENTS FROM AROUND VIRGINIA AND THE MID-ATLANTIC REGION.(CONTINUED ON SCHEDULE O)IN JULY 2022, SAH DONATED ITS SEVEN OUTPATIENT PHYSICAL REHABILITATION CENTERS TO SAI, PROVIDING PATIENTS ACCESS TO A SEAMLESS CONTINUUM OF CARE. SINCE THEN, SAI HAS OPENED AN OUTPATIENT PHYSICAL REHABILITATION CENTER IN THE HOSPITAL, BRINGING THEIR TOTAL NUMBER OF OUTPATIENT PHYSICAL REHABILITATION CENTERS TO EIGHT. THE OUTPATIENT CENTERS ARE LOCATED THROUGHOUT THE METRO RICHMOND AREA AND SERVE PATIENTS FROM ACROSS CENTRAL VIRGINIA. SERVICES OFFERED AT THESE CENTERS INCLUDE PHYSICAL THERAPY, OCCUPATIONAL THERAPY, AND SPEECH THERAPY, AS WELL AS ACCESS TO ADVANCED THERAPEUTIC TECHNOLOGIES. DURING FISCAL YEAR 2022 2023, THE OUTPATIENT CENTERS SERVED 10,284 PATIENTS, WHO RECEIVED A COMBINED TOTAL OF 115,346 OUTPATIENT VISITS.IN AUGUST 2023, SAI WAS RECOGNIZED BY U.S. NEWS & WORLD REPORT IN ITS 2023-2024 BEST HOSPITALS. THE RANKINGS ASSIST PATIENTS AND THEIR DOCTORS IN CHOOSING THE RIGHT HOSPITAL FOR THEM. IN ITS FIRST YEAR ELIGIBLE AND OF THE 1,041 PHYSICAL REHABILITATION HOSPITALS THAT WERE EVALUATED, SHELTERING ARMS INSTITUTE RANKED 29TH IN THE COUNTRY IN THE PHYSICAL REHABILITATION SPECIALTY AND IS THE TOP REHABILITATION HOSPITAL IN THE STATE OF VIRGINIA.THROUGH EDUCATIONAL AFFILIATIONS, INCLUDING A PHYSICIAN RESIDENCY PROGRAM WITH THE DEPARTMENT OF PHYSICAL MEDICINE AND REHABILITATION AT VCU HEALTH, SAI IS INFLUENCING THE PRACTICES AND DIVERSITY OF THE NEXT GENERATION OF HEALTHCARE PROFESSIONALS IN REHABILITATION MEDICINE. A COLLABORATIVE APPROACH TO RESEARCH, INCLUDING ACTIVE PARTNERSHIPS WITH VCU HEALTH'S CENTER FOR REHABILITATION SCIENCE AND ENGINEERING AND THE CENTRAL VIRGINIA VETERANS HEALTHCARE SYSTEM, CREATES A RESOURCE-RICH ENVIRONMENT THAT CAN SUPPORT PROGRAMS LIKE THE TRAUMATIC BRAIN INJURY (TBI) AND SPINAL CORD INJURY (SCI) MODEL SYSTEMS, WHICH ARE FUNDED BY FEDERAL GRANTS. THE PURSUIT OF BETTER PATIENT OUTCOMES INCLUDES PRODUCING CLINICAL RESEARCH, AS WELL AS TRANSLATING RESEARCH KNOWLEDGE INTO CLINICAL PRACTICE GUIDELINES USED BY OUR CLINICIANS. AS AN EXAMPLE OF KNOWLEDGE TRANSLATION, RESEARCH SHOWS THAT LONG-TERM PATIENT OUTCOMES IMPROVE THROUGH SUPPORTIVE RELATIONSHIPS WITH COMMUNITY PARTNER ORGANIZATIONS. TO FACILITATE THE DEVELOPMENT OF THOSE RELATIONSHIPS, COMMUNITY PARTNER GROUPS ARE REGULARLY ON-SITE AS A RESOURCE FOR PATIENTS AND THEIR FAMILIES. THE RESOURCES INCLUDE PEER MENTORING, ADAPTIVE SPORTS CLINICS, ADAPTIVE TECHNOLOGIES AS WELL AS DONATED MOBILITY EQUIPMENT FOR PATIENTS WHO QUALIFY. THE ORGANIZATION IS ALSO FOCUSED ON IMPROVING PATIENT OUTCOMES THROUGH DIVERSITY, EQUITY, AND INCLUSION (DEI) INITIATIVES. THIS INCLUDES CREATING AND MAINTAINING A WORK ENVIRONMENT THAT ATTRACTS AND RETAINS CLINICIANS AND LEADERS FROM DIVERSE BACKGROUNDS THAT REPRESENT OUR PATIENT BASE. WITH PARTNERS LIKE VIRGINIA COMMONWEALTH UNIVERSITY AND HAMPTON UNIVERSITY, AN HBCU LOCATED IN HAMPTON, VIRGINIA, SAI PARTICIPATES IN WORKFORCE DEVELOPMENT PROGRAMS TO IMPROVE MINORITY REPRESENTATION IN THE RANKS OF REHABILITATION PROFESSIONALS. THE INSTITUTE IS ALSO COMMITTED TO BETTER UNDERSTANDING THE LONG-TERM OUTCOMES FOR ALL REHABILITATION PATIENTS. BY ANALYZING DATA COLLECTED BY RESEARCH PARTNERS, THE INSTITUTE SEEKS TO UNDERSTAND AND REMOVE BARRIERS SO PATIENTS CAN ACHIEVE THE BEST POSSIBLE OUTCOMES. SAI HAS MORE THAN 500 CLINICAL TEAM MEMBERS, WHICH INCLUDES PHYSICAL THERAPISTS, OCCUPATIONAL THERAPISTS, RECREATION THERAPISTS, SPEECH-LANGUAGE PATHOLOGISTS, AND NURSES, AS WELL AS A TEAM OF PHYSICIANS. THERE IS ALSO A FULL COMPLEMENT OF SUPPORT SERVICES AT THE HOSPITAL, SUCH AS LABORATORY, RADIOLOGY, RESPIRATORY THERAPY, AND PHARMACY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lawrence Gibson Chairman | Trustee | 1 | $0 |
David Cifu Director | Trustee | 1 | $0 |
Ilvy Cotterrell Director | Trustee | 1 | $0 |
Ashby Hackeny Director | Trustee | 1 | $0 |
Michael Ryan Raisig Director | Trustee | 1 | $0 |
Michael Roussos Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Vcu Health System Ancillary & Physician Services | 9/29/23 | $4,461,612 |
Sheltering Arms Corporation Administrative/ It | 9/29/23 | $2,663,857 |
Lincoln Retirement Services Co Employee Benefits | 9/29/23 | $3,357,394 |
Cerner Corporation It Services | 9/29/23 | $1,251,349 |
Abm Health Inc Fns/evs Management | 9/29/23 | $2,363,492 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $114,787 |
All other contributions, gifts, grants, and similar amounts not included above | $864,464 |
Noncash contributions included in lines 1a–1f | $574,685 |
Total Revenue from Contributions, Gifts, Grants & Similar | $979,251 |
Total Program Service Revenue | $80,620,200 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $81,599,451 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $992,739 |
Compensation of current officers, directors, key employees. | $992,739 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $43,270,259 |
Pension plan accruals and contributions | $1,308,771 |
Other employee benefits | $4,676,134 |
Payroll taxes | $3,176,147 |
Fees for services: Management | $0 |
Fees for services: Legal | $114,395 |
Fees for services: Accounting | $162,378 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $641,544 |
Advertising and promotion | $420,276 |
Office expenses | $1,290,620 |
Information technology | $4,075,976 |
Royalties | $0 |
Occupancy | $6,980,132 |
Travel | $63,608 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $645,421 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,302,034 |
Insurance | $355,351 |
All other expenses | $69,259 |
Total functional expenses | $83,857,904 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,482,060 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $11,930,627 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $255,996 |
Prepaid expenses and deferred charges | $1,154,577 |
Net Land, buildings, and equipment | $9,344,208 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $53,117,912 |
Total assets | $79,285,380 |
Accounts payable and accrued expenses | $7,453,422 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $11,300,000 |
Other liabilities | $58,263,421 |
Total liabilities | $77,016,843 |
Net assets without donor restrictions | $2,268,537 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $79,285,380 |