Verde Valley Medical Center

Organization Overview

Verde Valley Medical Center is located in Cottonwood, AZ. The organization was established in 1941. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Verde Valley 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 06/2021, Verde Valley Medical Center generated $199.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $151.9m during the year ending 06/2021. While expenses have increased by 3.7% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

IMPROVING HEALTH, HEALING PEOPLE.

Describe the Organization's Program Activity:

TO IMPROVE THE HEALTH OF THE PEOPLE AND COMMUNITIES WE SERVE. TO PROVIDE HEALTH CARE SERVICES TO THE COMMUNITY THROUGH INPATIENT, OUTPATIENT AND EMERGENCY HOSPITAL CARE AND RELATED MEDICAL SERVICES, CHARITY CARE AND COMMUNITY SERVICE. TOTAL INPATIENT DISCHARGES WERE 4,349 AND 17,584 PATIENT DAYS. OUTPATIENT VISITS APPROXIMATED 646,814 AND 21,091 EMERGENCY VISITS.


TO PROVIDE EMERGENCY SERVICES, CANCER TREATMENT, AND OTHER ANCILLARY SERVICES TO THE COMMUNITY THROUGH THE OPERATION OF THE VERDE VALLEY MEDICAL CENTER SEDONA CAMPUS. EMERGENCY VISITS WERE 5,733. RADIATION ONCOLOGY PROCEDURES WERE 11,284. MEDICAL IMAGING PROCEDURES WERE 13,052. LABORATORY PROCEDURES WERE 40,174. PHYSCIAL THERAPY VISITS WERE 42,859.


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Board, Officers & Key Employees

Name (title)Compensation
Florence Spyrow
Nah President/ceo
$0
Janet Corrigan
Director/chair
$0
William Riley
Director/vice Chair
$0
Kenneth Salce MD
Director/secretary
$0
Michael Martinell
Director/treasurer
$0
Clifford Loader
Nah CFO
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Instrumentation Lab Company
Laboratory Services
$258,061
Priority 1 Power Services Llc
Medical Services
$160,949
Ge Med Sys Ultrasound Prim Care
Contract Labor
$482,148
Climate Control Resources
Medical Equipment
$141,520
Assured Imaging Llc
Medical Services
$157,838
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,767,198
All other contributions, gifts, grants, and similar amounts not included above$188,084
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,955,282
Total Program Service Revenue$175,713,011
Investment income $6,071,441
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $117,007
Net Gain/Loss on Asset Sales $8,340,704
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $199,632,184

Grants Awarded

Over the last fiscal year, Verde Valley Medical Center has awarded $5,144,373 in support to 2 organizations.

Grant RecipientAmount

NORTHERN ARIZONA HEALTHCARE FOUNDATION

Org PageRecipient Profile

Flagstaff, AZ

PURPOSE: endowment est. & comm. benefit

$5,124,373

NORTHERN ARIZONA UNIVERSITY

PURPOSE: Sponsorship

$20,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Verde Valley Medical Center has recieved totaling $15,000.

Awarding OrganizationAmount
$15,000
View Grant Recipient Profile

Endowment Analysis

Peer Organizations

Organization NameAssets
Scl Health - Front Range Inc
Broomfield, CO
$929,785,452
Grossmont Hospital Corporation
San Diego, CA
$963,761,157
Renown Regional Medical Center
Reno, NV
$918,236,960
Eisenhower Medical Center
Rancho Mirage, CA
$887,259,076
Santa Barbara Cottage Hospital
Santa Barbara, CA
$820,638,690
Pasadena Hospital Association Ltd
Pasadena, CA
$740,897,251
Enloe Medical Center
Chico, CA
$814,037,880
Torrance Memorial Medical Center
Torrance, CA
$749,888,639
Pomona Valley Hospital Medical Center
Pomona, CA
$699,695,626
Tucson Medical Center
Tucson, AZ
$712,683,954
Pih Health Hospital Whittier
Whittier, CA
$696,894,160
Poudre Valley Health Care Inc
Fort Collins, CO
$1,025,348,780

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