San Juan Regional Medical Center Inc
- Assets
- $485.1m
- Revenue
- $367.7m
- Investments
- $5.9m
- Employees
- 2,112
- Location
- Farmington, NM
- Founding
- 06/1953
- Data as of
- 06/2021
- EIN
- 85-0127924
Organization Overview
San Juan Regional Medical Center Inc is located in Farmington, NM. The organization was established in 1953. 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 06/2021, San Juan Regional Medical Center Inc employed 2,112 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Juan Regional Medical Center Inc 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 06/2021, San Juan Regional Medical Center Inc generated $367.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $318.7m during the year ending 06/2021. While expenses have increased by 0.7% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SAN JUAN REGIONAL MEDICAL CENTER'S MISSION IS TO PERSONALIZE HEALTH CARE AND CREATE ENTHUSIASM AND VITALITY IN HEALING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL ACTIVITY IS DIRECTLY RELATED TO PROVIDING PATIENT MEDICAL SERVICES AND QUALITY HEALTH CARE TO THE COMMUNITY AND SURROUNDING RURAL AREAS. SEE SCHEDULE O FOR OVERVIEW AND PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Faraz Sandhu Physician | 40 | $1,823,264 | |
Dominic Cannella Physician | 40 | $783,447 | |
Paul Davis Physician | 40 | $772,199 | |
Jeff Bourgeois CEO | Officer | 38 | $718,171 |
Daniel Mannas Physician | 40 | $703,333 | |
Jonathan Jones Physician | 40 | $701,818 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Midland Capital Resources Collections | 6/29/21 | $1,060,809 |
Aramark Housekeeping Service | 6/29/21 | $772,986 |
Four Corners Diaylysis Renal Dialysis | 6/29/21 | $1,063,925 |
Quest Diagnostics Lab Testing | 6/29/21 | $1,152,338 |
Cerner Corporation Information Tech | 6/29/21 | $14,786,831 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,536,282 |
| Government grants | $23,341,869 |
| All other contributions, gifts, grants, and similar amounts not included above | $188,787 |
| Noncash contributions included in lines 1a–1f | $5,536,282 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,066,938 |
| Total Program Service Revenue | $310,958,647 |
| Investment income | $15,316,333 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $41,763 |
| Net Gain/Loss on Asset Sales | $9,119,992 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $367,680,821 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $64,020 |
| 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. | $2,544,220 |
| Compensation of current officers, directors, key employees. | $2,544,220 |
| Compensation to disqualified persons | $207,063 |
| Other salaries and wages | $141,812,948 |
| Pension plan accruals and contributions | $2,281,283 |
| Other employee benefits | $18,179,022 |
| Payroll taxes | $8,366,301 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $557,486 |
| Fees for services: Accounting | $116,348 |
| Fees for services: Lobbying | $63,893 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $710,031 |
| Fees for services: Other | $25,724,900 |
| Advertising and promotion | $521,424 |
| Office expenses | $48,095,956 |
| Information technology | $16,995,204 |
| Royalties | $0 |
| Occupancy | $2,876,311 |
| Travel | $70,703 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $553,777 |
| Interest | $1,534,281 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,700,276 |
| Insurance | $4,661,602 |
| All other expenses | $0 |
| Total functional expenses | $318,662,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,344,783 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $38,698,071 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,209,135 |
| Inventories for sale or use | $5,622,427 |
| Prepaid expenses and deferred charges | $3,226,841 |
| Net Land, buildings, and equipment | $130,690,972 |
| Investments—publicly traded securities | $199,013,106 |
| Investments—other securities | $5,858,557 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $31,402,222 |
| Total assets | $485,066,114 |
| Accounts payable and accrued expenses | $44,551,612 |
| Grants payable | $0 |
| Deferred revenue | $2,621,946 |
| Tax-exempt bond liabilities | $39,585,182 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $16,807,026 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $44,665,024 |
| Total liabilities | $148,230,790 |
| Net assets without donor restrictions | $336,835,324 |
| 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 | $485,066,114 |
Grants Awarded
Over the last fiscal year, San Juan Regional Medical Center Inc has awarded $73,515 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Farmington, NM PURPOSE: bring health education to the local area | $38,515 |
Farmington, NM PURPOSE: program support | $35,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that San Juan Regional Medical Center Inc has recieved totaling $13,522.
| Awarding Organization | Amount |
|---|---|
Robert W Umbach Cancer Foundation Inc Farmington, NM PURPOSE: ONCOLOGY SUPPORT OF HOSPITAL | $13,467 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $55 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Integris Baptist Medical Center Inc Oklahoma City, OK | $2,058,378,701 | $1,074,971,636 |
Scl Health - Front Range Inc Broomfield, CO | $769,910,245 | $929,785,452 |
Texas Health Harris Methodist Hospital Fort Worth Fort Worth, TX | $650,433,477 | $986,113,649 |
Mother Frances Hospital Regional Health Care Center irving, TX | $705,395,204 | $847,366,783 |
Tucson Medical Center Tucson, AZ | $695,529,192 | $712,683,954 |
Poudre Valley Health Care Inc Fort Collins, CO | $9,383,080,918 | $1,025,348,780 |
Mercy Hospital Oklahoma City Inc Oklahoma City, OK | $541,395,814 | $646,607,785 |
Saint Joseph Hospital Denver, CO | $893,189,330 | $616,289,311 |
Parkview Medical Center Inc Pueblo, CO | $566,853,494 | $573,603,655 |
St Joseph Regional Health Center Bryan, TX | $646,031,520 | $469,355,522 |
Shannon Medical Center San Angelo, TX | $508,828,126 | $575,714,031 |
St Vincent Hospital Santa Fe, NM | $723,865,521 | $490,943,135 |