La Paz Regional Hospital
- Assets
- $34.6m
- Revenue
- $39.8m
- Investments
- $0.0
- Employees
- 320
- Location
- Parker, AZ
- Founding
- 12/2000
- Data as of
- 09/2023
- 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 09/2023, LA Paz Regional Hospital employed 320 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 09/2023, LA Paz Regional Hospital generated $39.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $37.6m during the year ending 09/2023. While expenses have increased by 6.0% per year over the past 8 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
2023
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; CATHETERIZATION LAB; GENERAL & ORTHOPEDIC SURGERY; RURAL HEALTH 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 2022/2023 FISCAL YEAR-ENDED, TOTAL VISITS WERE 53,407 FOR A TOTAL OF 18,814 PATIENTS TREATED. INPATIENT VISITS TOTALED 526. OUTPATIENT VISITS TOTALED 20,850. OTHER VISITS PROVIDED INCLUDED: 8,814 ED VISITS, 3,033 URGENT CARE VISITS, AND 20,184 CLINIC VISITS.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. THE FORMER JOINT VENTURE CREATED IN CALENDAR YEAR 2017, WITH ARIZONA HEALTH COLLABORATIVE, LLC, WAS EFFECTIVELY ENDED WHEN THE HOSPITAL ENTERED INTO A GROUP PURCHASING ORGANIZATION EFFORT WITH DIGNITY HEALTH. ALL ARIZONA HEALTH COLLABORATIVE ACTIVITY WAS EFFECTIVELY TERMINATED AND TRANSFERED TO ACTIVITY THROUGH THIS MEMBERSHIP GROUP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman Mendoza MD Physician | 40 | $570,526 | |
Adam Canton MD Physician | 40 | $300,523 | |
Brett Gochnour Physician | 40 | $230,979 | |
Zafer Genc CEO | OfficerTrustee | 40 | $230,053 |
Jonathan Woolery MD Chf Of Staff | Officer | 40 | $201,438 |
Maria Martinez Cno | Officer | 40 | $149,319 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jack Dunn Md Radiology | 9/29/23 | $287,500 |
Joel Braunstein Md Physician Svc/rhc | 9/29/23 | $231,844 |
Adaptive Workforce Solutions Staffing | 9/29/23 | $225,930 |
Ly Thomas Md Phys Svc/hospitalist | 9/29/23 | $123,120 |
Paul Oneill Md Pc Physician Svcs | 9/29/23 | $146,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $335,330 |
| All other contributions, gifts, grants, and similar amounts not included above | $250,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $585,330 |
| Total Program Service Revenue | $37,872,084 |
| Investment income | $399,008 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $73,221 |
| 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 | $39,772,089 |
| 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. | $649,203 |
| Compensation of current officers, directors, key employees. | $279,090 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,120,934 |
| Pension plan accruals and contributions | $346,394 |
| Other employee benefits | $2,711,089 |
| Payroll taxes | $1,106,361 |
| Fees for services: Management | $61,950 |
| Fees for services: Legal | $8,824 |
| Fees for services: Accounting | $113,254 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,535,275 |
| Advertising and promotion | $109,643 |
| Office expenses | $70,824 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $962,206 |
| Travel | $64,844 |
| 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 | $1,780,920 |
| Insurance | $408,874 |
| All other expenses | $658,416 |
| Total functional expenses | $37,615,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,953,668 |
| Savings and temporary cash investments | $13,541,508 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,731,767 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $848,019 |
| Prepaid expenses and deferred charges | $356,614 |
| Net Land, buildings, and equipment | $9,667,936 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,461,511 |
| Total assets | $34,561,023 |
| Accounts payable and accrued expenses | $3,077,329 |
| 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 | $1,060,502 |
| Total liabilities | $4,137,831 |
| Net assets without donor restrictions | $30,389,500 |
| Net assets with donor restrictions | $33,692 |
| 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 | $34,561,023 |