REHAB JV LLC

EIN: 814446403 501(c)(3) Health Care

RICHMOND, VA

Total Revenue
$87,177,122
Total Expenses
$86,920,557
Total Assets
$81,185,441
Net Assets
$10,306,323
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
VA
Principal Officer
ALAN LOMBARDO
Phone
8048774000
Tax Period
2023-10-01 to 2024-09-30

REHAB JV LLC, founded in 2016, is a mid-sized nonprofit in the Health Care sector that reported $87.2M in total revenue in fiscal year 2023.

Mission

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.

Program Service Accomplishments

Program 1
Expenses: $73,989,054 Revenue: $84,997,465

SHELTERING ARMS INSTITUTE (SAI) BEGAN OPERATIONS IN JUNE 2020. SAI INCLUDES A 114-BED REHABILITATION HOSPITAL AND 8 OUTPATIENT CLINICS IN AND AROUND RICHMOND, VIRGINIA. THE HOSPITAL AND ITS...

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SHELTERING ARMS INSTITUTE (SAI) BEGAN OPERATIONS IN JUNE 2020. SAI INCLUDES A 114-BED REHABILITATION HOSPITAL AND 8 OUTPATIENT CLINICS IN AND AROUND 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 2023-2024, THE HOSPITAL SERVED 2,569 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 THE 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 2023- 2024, THE OUTPATIENT CENTERS SERVED 10,557 PATIENTS, WHO RECEIVED A COMBINED TOTAL OF 115,346 OUTPATIENT VISITS.IN 2024, U.S. NEWS & WORLD REPORT RANTED SHELTERING ARMS INSTITUTE AS THE TOP REHABILITATION HOSPITAL IN VIRGINIA AND #19 IN THE COUNTRY. THE RANKINGS ASSIST PATIENTS AND THEIR DOCTORS IN CHOOSING THE RIGHT HOSPITAL FOR THEM.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 BROADER RANGE IN BACKGROUNDS AMONG 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 A VARIETY OF INITIATIVES. THIS INCLUDES CREATING AND MAINTAINING A WORK ENVIRONMENT THAT ATTRACTS AND RETAINS CLINICIANS AND LEADERS FROM DIFFERENT 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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,062,657
Program Service Revenue $84,997,465
Investment Income $117,000
Other Revenue $0
TOTAL REVENUE $87,177,122

Expense Breakdown

Grants Paid $0
Salaries & Benefits $55,275,693
Fundraising Expenses $0
Program Expenses $73,989,054
Other Expenses $31,644,864
TOTAL EXPENSES $86,920,557

Year-over-Year Comparison

2023 2022 Change
Revenue $87,177,122 $81,599,451 +0.1%
Expenses $86,920,557 $83,857,904 +0.0%
Net Income $256,565 $-2,258,453 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
867
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$1,017,345
Total Directors
12
$0
Key Employees
3
$809,171
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIANNE V JEWELL CHAIRMAN 1.00
Officer Director
$0 $0 $0
KARAH GUNTHER VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
KIMBERLY R BAINE DIRECTOR 1.00
Director
$0 $0 $0
DAVID CIFU DIRECTOR 1.00
Director
$0 $0 $0
TERESA DI MARCO DIRECTOR (AS OF 2/2024) 1.00
Director
$0 $0 $0
EDWARD F GERARDO DIRECTOR 1.00
Director
$0 $0 $0
ASHBY HACKNEY DIRECTOR (THROUGH 1/2024) 1.00
Director
$0 $0 $0
RYAN RAISIG DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL ROUSSOS DIRECTOR (THROUGH 8/2024) 1.00
Director
$0 $0 $0
MUHAMMAD SAEED DIRECTOR 1.00
Director
$0 $0 $0
JAMES SIEGEL DIRECTOR (AS OF 9/2024) 1.00
Director
$0 $0 $0
PETER ZEDLER DIRECTOR 1.00
Director
$0 $0 $0
HELEN WEAVER SECRETARY (AS OF 6/2024) 1.00
Officer
$0 $0 $0
ALAN LOMBARDO CEO 40.00
Officer
$478,884 $103,613 $582,497
JAMES S LITSINGER CFO AND TREASURER 40.00
Officer
$401,438 $33,410 $434,848
MATTHEW WILKS CRO 40.00
Key Emp
$250,022 $31,166 $281,188
MISTY WOODWARD CNO 40.00
Key Emp
$246,059 $23,242 $269,301
AMANDA WORLEY VP OF HR AND SECRETARY (THRU 6/2024) 40.00
Key Emp
$227,702 $30,980 $258,682
ALEX GRISHAM CIO 40.00
Highest
$219,599 $31,274 $250,873
PATRICK ZUNIGA AVP REVENUE CYCLE 40.00
Highest
$179,740 $28,736 $208,476
TANZA WESTRY AVP OF OPERATIONS 40.00
Highest
$176,208 $17,482 $193,690
LINDA M TIEMENS VP OF QUALITY AND CARE COORDINATION 40.00
Highest
$220,033 $6,963 $226,996
BRYAN C GILREATH VP OF OUTPATIENT SERVICES 40.00
Highest
$161,666 $27,634 $189,300
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $87,177,122 $86,920,557 $81,185,441 $256,565
2023 $81,599,451 $83,857,904 $79,285,380 $-2,258,453
2022 $71,258,572 $67,579,433 $27,439,914 $3,679,139
2021 $58,443,805 $62,835,411 $20,485,656 $-4,391,606
2020 $10,187,876 $17,274,125 $21,839,432 $-7,086,249
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