La Paz Regional Hospital
- Assets
- $34.1m
- Revenue
- $33.8m
- Investments
- $0.0
- Employees
- 313
- Location
- Parker, AZ
- Founding
- 12/2000
- Data as of
- 09/2021
- EIN
- 86-0260959
Organization Overview
La Paz Regional Hospital is located in Parker, AZ. The organization was established in 2000. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, LA Paz Regional Hospital employed 313 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Paz Regional Hospital 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 09/2021, LA Paz Regional Hospital generated $33.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $31.4m during the year ending 09/2021. While expenses have increased by 4.8% 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
HEALTHCARE PROVIDED: GENERAL ACUTE & INTENSIVE HOSPITAL CARE; LAB; RADIOLOGY; ULTRASOUND; CT; MAMMAGROPHY; MRI; CARDIOPULMONARY; EMERGENCY ROOM; URGENT CARE; PHYSICAL THERAPY; CARDIAC REHAB.; CARDIOLOGY; CATHETERIZATION LAB; GENERAL & ORTHOPEDIC SURGERY; RURAL HLTH CLINICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LA PAZ REGIONAL HOSPITAL (LPRH) IS A 25-BED RURAL HOSPITAL. EFFECTIVE 10/23/2013, LPRH RECEIVED MEDICARE APPROVAL AS A CAH (CRITICAL ACCESS HOSPITAL). LPRH OPERATES THE HOSPITAL AND RURAL HEALTH CLINICS IN SALOME, BOUSE, QUARTZSITE, AND A PODIATRY CLINIC IN PARKER. THESE CLINICS ARE THE ONLY HEALTH CARE AVAILABLE IN SALOME AND BOUSE, AND THE ONLY FULL TIME SERVICE IN QUARTZSITE. THE HOSPITAL IS THE ONLY GENERAL HOSPITAL IN LA PAZ COUNTY. BETWEEN OUR HOSPITAL AND CLINICS, WE ARE AN ESSENTIAL COMPONENT OF COUNTY HEALTH AND WELFARE. DURING THE 2020 FISCAL YEAR-ENDED, TOTAL VISITS WERE 57,363 FOR A TOTAL OF 35,855 PATIENTS TREATED. OUTPATIENT VISITS INCLUDED 10,179 ED VISITS, 24,804 OUTPATIENT SERVICES, 29,497 CLINIC VISITS, AND 20,550 IMAGING STUDIES.OUR MISSION IS TO SERVE THE RESIDENTS OF LA PAZ COUNTY AND THE SURROUNDING CALIFORNIA AREAS OF BIG RIVER AND EARP, TWO UNINCORPORATED AREAS WITHOUT ANY HEALTHCARE RESOURCES AND SEVERAL HOURS FROM RESOURCES IN SAN BERNARDINO. OUR BOARD OF DIRECTORS IS CHOSEN FROM OUR COMMUNITIES SUCH THAT WE HAVE REPRESENTATION FROM ACROSS THE COUNTY. DIRECTORS ARE UNPAID AND GIVE TIRELESSLY OF THEIR TIME AND ENERGIES.THE HOSPITAL IS OPERATING A SATELLITE X-RAY UNIT IN QUARTZSITE, ARIZONA, AND A SURGICAL ADDITION IN PARKER THAT INCLUDES NUCLEAR MEDICINE AND A CARDIAC CATH LAB. NUCLEAR MEDICINE OPENED IN NOVEMBER 2009 AND THE CATH LAB AND SURGICAL SUITE OPENED IN JANUARY 2010. ON SEPTEMBER 1, 2012, THE HOSPITAL OPENED THE PARKER MEDICAL CENTER. ON DECEMBER 13, 2013, THE LA PAZ CLINICAL VENTURES, LLC (JOINT VENTURE) WAS DISSOLVED. DURING CALENDAR YEAR 2017 A JOINT VENTURE WAS UNDERTAKEN IN ARIZONA HEALTH COLLABORATIVE, LLC, IN WHICH THE HOSPITAL HELD AN 11.35% INTEREST AS OF 12/31/2018.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Canton Mpd Physician | 40 | $257,691 | |
Brett Cochnour MD Physician | 40 | $229,540 | |
Kevin Brown CEO | Officer | 40 | $214,232 |
Zafer Genc Dir Of Pharmacy | 40 | $164,562 | |
Maria Martinez Cno | Officer | 40 | $122,982 |
Joseph O'malley CFO Part Yr | Officer | 40 | $51,907 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Emcare Physician Svcs Physician Svcs | 9/29/21 | $1,644,073 |
Jack Dunn Md Radiology | 9/29/21 | $425,000 |
Joel Braunstein Md Physician Svc/rhc | 9/29/21 | $232,398 |
Online Radiology Medical Group Radiology | 9/29/21 | $296,039 |
Ly Thomas Md Phys Svc/hospitalist | 9/29/21 | $206,640 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $26,715 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,329 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,044 |
| Total Program Service Revenue | $30,368,570 |
| Investment income | $33,055 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $63,641 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $33,751,029 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $1,026,086 |
| Compensation of current officers, directors, key employees. | $436,908 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,225,631 |
| Pension plan accruals and contributions | $328,348 |
| Other employee benefits | $1,842,498 |
| Payroll taxes | $853,040 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,179 |
| Fees for services: Accounting | $104,881 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,567,130 |
| Advertising and promotion | $55,074 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $630,048 |
| Travel | $52,850 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,847,095 |
| Insurance | $514,336 |
| All other expenses | $0 |
| Total functional expenses | $31,387,281 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,969,838 |
| Savings and temporary cash investments | $5,786,564 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,892,739 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $939,171 |
| Prepaid expenses and deferred charges | $253,297 |
| Net Land, buildings, and equipment | $11,372,451 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $846,765 |
| Total assets | $34,060,825 |
| Accounts payable and accrued expenses | $2,370,232 |
| Grants payable | $0 |
| 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 | $2,083,118 |
| Total liabilities | $4,453,350 |
| Net assets without donor restrictions | $29,572,562 |
| Net assets with donor restrictions | $34,913 |
| 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 | $34,060,825 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that La Paz Regional Hospital has recieved totaling $451.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $451 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hayward Sisters Hospital Hayward, CA | $71,008,487 | $118,634,519 |
Siskiyou Hospital Inc Yreka, CA | $82,691,725 | $102,051,246 |
Plan De Salud Del Valle Inc Fort Lupton, CO | $84,737,500 | $104,985,059 |
Usc Verdugo Hills Hospital Glendale, CA | $165,951,606 | $75,528,918 |
Artesia General Hospital Artesia, NM | $69,306,951 | $68,819,952 |
Southern Monterey County Memorial Hospital King City, CA | $47,837,019 | $92,991,651 |
Trinidad Area Health Association Trinidad, CO | $66,760,463 | $42,777,232 |
Moab Valley Healthcare Inc Moab, UT | $66,495,422 | $49,121,777 |
Glenn Medical Center Inc Willows, CA | $18,000,353 | $32,684,034 |
Martin Luther King Jr Community Medical Foundation Compton, CA | $4,594,200 | $25,848,539 |
La Paz Regional Hospital Parker, AZ | $34,060,825 | $33,751,029 |
San Diego Family Care San Diego, CA | $18,768,701 | $28,391,364 |