Foundation Of Yuma Regional Medical Center
- Assets
- $20.4m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 3
- Location
- Yuma, AZ
- Founding
- 02/1976
- Data as of
- 09/2023
- EIN
- 51-0179146
Organization Overview
Foundation Of Yuma Regional Medical Center is located in Yuma, AZ. The organization was established in 1976. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2023, Foundation Of Yuma Regional Medical Center employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Of Yuma Regional Medical Center 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, Foundation Of Yuma Regional Medical Center generated $1.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.2m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Foundation Of Yuma Regional Medical Center has awarded 27 individual grants totaling $3,933,762. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE FOUNDATION OF YUMA REGIONAL MEDICAL CENTER IS TO SUPPORT A HEALTHIER COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENSURING THE HEALTH AND WELL-BEING OF WOMEN AND CHILDREN IS PARAMOUNT TO BUILDING HEALTHY, VIBRANT COMMUNITIES. OUR WOMEN & CHILDREN HEALTH FUND ADDRESSES A SPECTRUM OF CRITICAL ISSUES, INCLUDING MATERNAL HEALTH, PRENATAL CARE, PEDIATRIC WELLNESS, AND REPRODUCTIVE HEALTH SERVICES. THIS FUND AIMS TO IMPROVE HEALTH OUTCOMES FOR WOMEN AND CHILDREN, REDUCE DISPARITIES, AND PROMOTE EQUITY IN ACCESS TO ESSENTIAL HEALTHCARE SERVICES. ADDITIONALLY, WE ARE PROUD TO NOTE THAT WE HAVE ALLOCATED OVER $100,000 TO OUR NICU DEPARTMENT FOR CUTTING-EDGE EQUIPMENT, FURTHER ENHANCING OUR ABILITY TO PROVIDE TOP-QUALITY CARE TO NEWBORNS AND THEIR FAMILIES.
OUR PEDIATRIC ONCOLOGY SUPPORT FUND IS DESIGNED TO PROVIDE FINANCIAL ASSISTANCE TO FAMILIES IN YUMA COUNTY FACING A CHILDHOOD CANCER DIAGNOSIS. BY ALLEVIATING SOME OF THE FINANCIAL BURDENS FACED BY THE FAMILIES, WE CAN HELP THEM FOCUS ON WHAT MATTERS MOST - THEIR CHILD'S WELLBEING AND HEALING. LAST FISCAL YEAR, THIS FUND WAS ABLE TO SUPPORT 9 FAMILIES DURING THEIR CANCER JOURNEY, PROVIDING $29,656 IN FINANCIAL ASSISTANCE.
CANCER REMAINS ONE OF THE MOST PRESSING HEALTH CHALLENGES OF OUR TIME, AFFECTING MILLIONS OF LIVES WORLDWIDE. OUR CANCER FUND IS DEDICATED TO SUPPORTING GROUNDBREAKING RESEARCH, INNOVATIVE TREATMENTS, AND COMPREHENSIVE CARE INITIATIVES AIMED AT COMBATING THIS DEVASTATING DISEASE. FROM FUNDING CUTTING-EDGE RESEARCH PROJECTS TO PROVIDING ESSENTIAL RESOURCES FOR CANCER PATIENTS AND THEIR FAMILIES, THIS FUND PLAYS A VITAL ROLE IN ADVANCING THE FIGHT AGAINST CANCER AND IMPROVING OUTCOMES FOR INDIVIDUALS AFFECTED BY THIS ILLNESS. LAST FISCAL YEAR, WE PROVIDED SERVICES TO 4,503 INDIVIDUALS TOTALING $93,807.
THE MEDICAL EDUCATION & SCHOLARSHIPS FUND OF THE FOUNDATION IS DEDICATED TO NURTURING THE NEXT GENERATION OF HEALTHCARE PROFESSIONALS. BY PROVIDING FINANCIAL ASSISTANCE TO PROMISING STUDENTS AND STAFF MEMBERS, WE HOPE TO CULTIVATE A ROBUST HEALTHCARE CAREER PIPELINE. IN ADDITION, WE AIM TO ASSIST STUDENTS IN OVERCOMING FINANCIAL BARRIERS AND IMPROVE THEIR ACCESS TO QUALITY EDUCATION. LAST FISCAL YEAR, WE PROVIDED 32 STUDENTS WITH $59,500 IN SCHOLARSHIPS. THIS IS A MUTUALLY BENEFICIAL EFFORT THAT NOT ONLY STRENGTHENS THE HEALTHCARE WORKFORCE, BUT ALSO ENSURES THE YUMA COMMUNITY MAINTAINS ESSENTIAL HEALTHCARE SERVICES CLOSE TO HOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Trenschel DO MPH President/ceo Yrmc/trustee | Trustee | 2 | $0 |
Robert Takesuye DO Trustee | Trustee | 2 | $0 |
David Willie Svp/cfo Yrmc/trustee (thru 10/22) | Trustee | 2 | $0 |
Machele Headington Executive Director | OfficerTrustee | 4 | $0 |
Vernon Moore Svp/cfo Yrmc/trustee | Trustee | 2 | $0 |
James Adamson Svp/general Counsel Yrmc/trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $20,534 |
| Related organizations | $243,427 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $513,789 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $777,750 |
| Total Program Service Revenue | $0 |
| Investment income | $549,294 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $27,344 |
| Net Gain/Loss on Asset Sales | $352,325 |
| Net Income from Fundraising Events | $8,858 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,721,113 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $517,547 |
| Grants and other assistance to domestic individuals. | $281,919 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $109,168 |
| Compensation of current officers, directors, key employees. | $109,168 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $82,146 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $117,494 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,150 |
| Office expenses | $42,598 |
| Information technology | $5,352 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,914 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,838 |
| Total functional expenses | $1,180,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,604,077 |
| Savings and temporary cash investments | $866,459 |
| Pledges and grants receivable | $17,754 |
| Accounts receivable, net | $1,292 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $87,500 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $17,815,202 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $20,392,284 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $6,762 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,762 |
| Net assets without donor restrictions | $7,998,728 |
| Net assets with donor restrictions | $12,386,794 |
| 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 | $20,392,284 |
Grants Awarded
Over the last fiscal year, Foundation Of Yuma Regional Medical Center has awarded $481,147 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
YUMA REGIONAL MEDICAL CENTER PURPOSE: CANCER PROVIDER EDUCATION AND PATIENT SUPPORT | $428,067 |
ARIZONA WESTERN COLLEGE FOUNDATION PURPOSE: FLINN BIORESEARCH PROJECT | $45,000 |
HOPE BRIGADE PURPOSE: SUPPORT MEETINGS AND VARIOUS SERVICES FOR CANCER PATIENTS | $8,080 |