Riverside Health System CEO salary and executive pay
Riverside Health System paid its CEO, MICHAEL J DACEY MD, $1,730,414 for the fiscal year ending December 2024. That is up $255,743 (17.3%) from the fiscal year ending December 2023. Riverside Health System ranks 137th of 148 hospital systems on this site by CEO pay. Riverside Health System has 3 Form 990 returns on record, for fiscal years ending 2022 to 2024.
Last updated from IRS e-file data. EIN 90-1000718, Newport News, VA.
CEO, fiscal year ending December 2024
$1,730,414
Also listed with a chief executive title on this filing: JULIE MITCHELL BAYLY (EXECUTIVE DIRECTOR, PATRIOTS COLONY), $282,716.
Highest-paid person, fiscal year ending December 2024
$2,642,681DEAN KOSTOVPhysician Specialty
- Total revenue
- $2,523,395,459
- CEO pay vs. peers
- Higher than 12%
Source: Form 990, fiscal year ending December 2024, IRS object ID 202533189349312263.View the filing
Peers: the 120 other hospital systems on this site. Ranked 106th of 121 by top pay as a share of revenue. Pay is 0.07% of revenue, our calculation from the same return. Revenue is Part I, line 12; peers are compared on their latest full-year returns.
This is a group return: one Form 990 filed for a group of affiliated organizations together.
Highest-paid people on the latest return
On the latest return, 35 people were paid more than $500,000, 9 of them more than $1 million.
| Name and title | Total |
|---|---|
| DEAN KOSTOVPhysician Specialty | $2,642,681 |
| JOHN LAMMPhysician Specialty | $2,485,812 |
| ROMNEY ANDERSENPhysician Specialty | $2,310,097 |
| WILLIAM H MCALLISTER MDBOARD MEMBER/Physician Specialty | $2,213,633 |
| DAVID ROMANOPhysician Specialty | $2,031,411 |
CEO pay by year
Each row is the CEO on that year's return.
| Fiscal year ending | Name and title | Total | Revenue | Source |
|---|---|---|---|---|
| Dec 2024 | MICHAEL J DACEY MD CEO BOARD MEMBER/Chief Executive Officer | $1,730,414 | $2,523,395,459 | Filing |
| Dec 2023 | MICHAEL J DACEY MD CEO Board Member/PRESIDENT/CEO, RHS | $1,474,671 | $2,321,430,276 | Filing |
| Dec 2022 | WILLIAM BURNS DOWNEY CEO CEO, RHS | $1,665,341 | $2,082,135,476 | Filing |
How this pay was reported
The parts of each total, as reported on the return for the fiscal year ending December 2024.
Source: Form 990, fiscal year ending December 2024, IRS object ID 202533189349312263.View the filing
| Part VII | Schedule J | |||||||
|---|---|---|---|---|---|---|---|---|
| Name and title | From org | Other | Base | Bonus | Other | Deferred | Nontaxable | Total |
| DEAN KOSTOVPhysician Specialty | $2,572,482 | $70,199 | $1,649,566 | $721,656 | $201,260 | $22,414 | $47,785 | $2,642,681 |
| JOHN LAMMPhysician Specialty | $2,428,087 | $57,725 | $1,682,573 | $744,758 | $756 | $10,566 | $47,159 | $2,485,812 |
| ROMNEY ANDERSENPhysician Specialty | $2,296,450 | $13,647 | $1,660,069 | $550,837 | $85,544 | $12,492 | $1,155 | $2,310,097 |
| WILLIAM H MCALLISTER MDBOARD MEMBER/Physician Specialty | $2,138,263 | $75,370 | $1,441,274 | $633,655 | $63,334 | $27,325 | $48,045 | $2,213,633 |
| DAVID ROMANOPhysician Specialty | $1,978,440 | $52,971 | $1,419,126 | $558,474 | $840 | $6,600 | $46,371 | $2,031,411 |
| MICHAEL J DACEY MDBOARD MEMBER/Chief Executive Officer | $1,704,889 | $25,525 | $1,143,251 | $327,808 | $233,830 | $15,225 | $10,300 | $1,730,414 |
These figures come from Riverside Health System's Form 990 returns, as the IRS publishes them. The methodology page explains how they're chosen. To report an error, email corrections@ceopaycheck.com.
How Riverside Health System compares
Ranked 137th of 148 hospital systems by CEO pay.
Closest in revenue among the hospital systems on this site:
University of Maryland Medical System$3,940,617 (CEO), fiscal year ending Jun 2025
Fred Hutchinson Cancer Center$2,598,413 (highest-paid), fiscal year ending Jun 2025
Methodist Health System (Dallas)$4,078,719 (CEO), fiscal year ending Sep 2025
Cooper University Health Care$3,398,140 (CEO), fiscal year ending Dec 2024
UVM Medical Center$2,235,745 (CEO), fiscal year ending Sep 2025
Common questions
MICHAEL J DACEY MD (BOARD MEMBER/Chief Executive Officer) was paid $1,730,414 for the fiscal year ending December 2024: $1,704,889 from Riverside Health System and $25,525 in other compensation (Part VII columns D and F). Riverside Health System ranks 137th of 148 hospital systems on this site by CEO pay.
The highest-paid person on the latest return was DEAN KOSTOV (Physician Specialty), at $2,642,681. That is $912,267 more than the CEO, MICHAEL J DACEY MD. Next was JOHN LAMM (Physician Specialty), at $2,485,812. On the latest return, 35 people were paid more than $500,000, 9 of them more than $1 million.
Riverside Health System paid its CEO, MICHAEL J DACEY MD, $1,730,414 for the fiscal year ending December 2024. That is up $255,743 (17.3%) from the fiscal year ending December 2023. The earliest return on record is for the fiscal year ending December 2022, when the CEO was WILLIAM BURNS DOWNEY, paid $1,665,341. By fiscal year end: December 2022, $1,665,341 (WILLIAM BURNS DOWNEY); December 2023, $1,474,671 (MICHAEL J DACEY MD); December 2024, $1,730,414.
From the 3 Form 990 returns Riverside Health System filed with the IRS for fiscal years ending 2022 to 2024. Schedule J of the fiscal year ending December 2024 return breaks down pay for all 6 people in the pay breakdown above. The methodology page explains how they're chosen.